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Abstract

Purpose: This study analyzes the effect of return on assets (ROA), net profit margin (NPM), debt-to-equity ratio (DER), and earnings per share (EPS) on the share price of banking companies on the Indonesia Stock Exchange (IDX).


Research Design and Methodology: This study uses secondary data from 6 banking companies selected by purposive sampling based on financial reports for 2018–2022. The analysis was conducted using IBM SPSS version 25 to test the relationship between these variables.


Findings and Discussion: The analysis shows that EPS has a positive and significant effect on stock prices, while DER shows a negative but insignificant effect. ROA and NPM show a positive but insignificant effect.


Implications: This research guides investors to pay more attention to EPS when making investment decisions and encourages companies to improve operational performance to attract investors.


Novelty: This research is unique in its particular focus on the banking sector in Indonesia and its integration of fundamental analysis from short-term and long-term perspectives.

Keywords

Return on Asset Net Profit Margin Debt to Equity Ratio Earning per Share Stock Price

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How to Cite
Ameliana, Y. (2024). Examines several things that affect the price of banking stocks: Evidence from Indonesia. Advances in Management & Financial Reporting, 2(3), 122–134. https://doi.org/10.60079/amfr.v2i3.126
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