THE EFFECT OF ROA, ROE, NPM, AND EPS ON STOCK PRICES IN THE ENERGY SECTOR INDUSTRY LISTED ON THE IDX
Main Article Content
Abstract
This study aims to examine the impact of ROA, ROE, NPM, and EPS on the stock value of energy companies listed on the Indonesia Stock Exchange from 2022 to 2024. Data were analyzed using multiple linear regression, and the outcomes display that return on assets has partially insignificant negative effect on stock price, return on equity has partially insignificant negative effect on stock price, net profit margin has partially insignificant negative effect on stock price, and earnings per share has significant positive effect on stock price. For laypeople interested in investing in the stock market, it is recommended that they use return on assets, return on equity, net profit margin, and lastly earnings per share as guidelines when making investment decisions.
Article Details

This work is licensed under a Creative Commons Attribution 4.0 International License.
References
Dzakwan, N., Fariantin, E., Setiawati, E., & Mataram, A. (2023). Pengaruh ROA, EPS, NPM, dan PBV terhadap harga saham sektor energi yang terdaftar di BEI.
Prof. Jogiyanto Hartono, P. M. (2022). Portofolio dan Analisis Investasi.Indonesia: Penerbit Andi.
Fahmi, I. 2018. Manajemen investasi: Teori dan Soal Jawab. Cetakan Kedua. Salemba Empat. Jakarta.
Sari, D. I. (2021). Pengaruh roa, roe dan eps terhadap harga saham perusahaan perbankan yang terdaftar di bei periode 2016-2019. Jurnal Neraca: Jurnal Pendidikan Dan Ilmu Ekonomi Akuntansi, 5(1), 1-14.
Wulandari, I., & Meilani, S. E. R. (2023). CORPORATE SOCIAL RESPONSIBILITY DAN REAKSI PASAR PADA PERISTIWA PANDEMI COVID-19.
Wardifa, I. K. S., & Yanthi, M. D. (2022). Kontribusi Intellectual Capital Terhadap Kinerja Keuangan, Nilai Perusahaan dan Harga Saham. Jurnal Akuntansi AKUNESA, 11(1), 11-24.
Faisal, P. R., & Prijati, P. (2018). Pengaruh Roa, Roe, Npm Dan Eps Terhadap Harga Saham Pada Perusahaan Telekomunikasi Yang Terdaftar Di Bei. Jurnal Ilmu Dan Riset Manajemen (Jirm), 7(5)..
Al Umar, A. U. A., & Savitri, A. S. N. (2020). Analisis pengaruh ROA, ROE, EPS terhadap harga saham. Jurnal Analisa Akuntansi Dan Perpajakan, 4(1), 15-33.
Kartiko, N. D., & Rachmi, I. F. (2021). Pengaruh Net Profit Margin, Return On Asset, Return On Equity, dan Earning Per Share Terhadap Harga Saham di Masa Pandemi Covid-19 (Studi Empiris Pada Perusahaan Publik Sektor Pertambangan di Bursa Efek Indonesia). Jurnal Riset Bisnis Dan Investasi, 7(2), 58-68.
Maftukhah, D., & Saputro, D. (2024). Pengaruh ROA, ROE, dan EPS Terhadap Harga Saham Pada Perusahaan Sektor Energi yang Terdaftar Di BEI Periode 2021-2022.