Article
PENGARUH NPM, ROA, ROE DAN EPS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR FARMASI DI BURSA EFEK INDONESIA
JURNAL AKUNTANSI DAN KEUANGAN, Vol. 10 No. 02 (2025), hlm. 286–298
Abstrak
This study aims to determine and analyze the effect of NPM, ROA, ROE and EPS on firm value in pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange for the period 2019–2023. This research uses quantitative data in the form of secondary data, namely the financial statements of pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange during the 2019–2023 period. The sample was selected using purposive sampling, resulting in seven sample companies. Data collection methods include documentation and literature study. The analytical technique used is panel data regression analysis with the Eviews 12 program. The results of the study indicate that (1) NPM has a significant effect on firm value, showing that the higher the NPM, the higher the firm value, and vice versa. (2) ROA has a significant effect on firm value, indicating that an increase in ROA leads to an increase in firm value, and vice versa. (3) ROE has a significant effect on firm value, implying that the higher the ROE, the higher the firm value, and vice versa. (4) EPS has no significant effect on firm value, suggesting that the magnitude of EPS does not influence firm value. (5) Simultaneously, NPM, ROA, ROE and EPS significantly influence firm value.