Perbandingan Kinerja Saham Perusahaan Perkebunan di Bursa Efek Indonesia dan Bursa Malaysia

Abstract

Penelitian ini bertujuan untuk mengetahui bagaimana perbedaan kinerja saham perusahaan perkebunan di Bursa Efek Indonesia dan Bursa Malaysia. Jenis data yang digunakan adalah data kuantitatif sekunder berupa harga saham dan informasi keuangan dari laporan keuangan perusahaan triwulanan (quartal) Januari 2019 hingga September 2020. Metode analisis yang digunakan yaitu analisis deskriptif dan uji beda Mann-Whitney. Indikator perbandingan yang digunakan yaitu, return, PER, ROE, dan EPS. Hasil penelitian ini menunjukkan bahwa saham perkebunan kepala sawit Malaysia memiliki keunggulan berdasarkan rata-rata dan tren nilai return, PER, ROE, dan EPS. Berdasarkan uji beda dengan SPSS, didapatkan hasil terdapat perbedaan kinerja signifikan pada indikator nilai PER dan EPS. Sedangkan berdasarkan nilai return dan ROE tidak terdapat perbedaan signifikan. Sehingga dapat disimpulkan bahwa kinerja saham perkebunan Malaysia lebih unggul dari sudut pandang nilai PER dan EPS.

This study aims to find out how the differences in the performance of plantation companies' shares on the Indonesia Stock Exchange and the Malaysia Stock Exchange. The type of data used is secondary quantitative data in the form of stock prices and financial information from the company's quarterly financial statements from January 2019 to September 2020. The analytical method used is descriptive analysis and the Mann-Whitney difference test. The comparison indicators used are return, PER, ROE, and EPS. The results of this study indicate that Malaysian oil palm plantation stocks have advantages based on the average and trend of return values, PER, ROE, and EPS. Based on the different test with SPSS, the results showed that there were significant differences in performance on indicators of PER and EPS values. Meanwhile, based on the value of return and ROE there is no significant difference. So it can be concluded that the performance of Malaysian plantation stocks is superior from the point of view of PER and EPS values.