Pengaruh Kinerja Keuangan terhadap Harga Saham Perusahaan- Perusahaan Produsen Kabel yang Terdaftar di Bursa Efek Indonesia

Abstract

Manufacturers of cable industry is one or more industries engaged in the manufacture of cables and wires of aluminum, copper and other raw materials. The purpose of this study was: (1) Analyze the net profit margin (NPM), Return On Investment (ROI), Return on Equity (ROE) and Earnings Per Share (EPS) for 2008-2012 on the cable manufacturer company listed on the Stock Exchange. (2) Analyze the effects of NPM, ROI, ROE, dan EPS for 2008-2012 on the cable company's stock price in the BEI .This study uses Structural Equation Modeling Partial Least Square (SEM-PLS). The results show the value of the original sample NPM outer loading of 0.792, 0.873 for ROI, 0.895 for ROE, and 0.905 for EPS. The higher the value means that these indicators represent the construct and the effect on stock prices. Indicator that has the most influence on stock prices is EPS. The results showed that the financial performance could explain share price for 44.4%.