PENGARUH RETURN ON ASSET (ROA) DAN RETURN ON EQUITY (ROE) TERHADAP HARGA SAHAM STUDI KASUS PADA PERUSAHAAN NIKEL YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2023

Abstract

The Nickel Company was chosen because of its nickel downstreaming. Indonesia wants to downstream nickel with added value, as part of a strategy to increase the added value of nickel ore commoditiesThis research aims to identify, analyze and describe the impact of Return on Assets (ROA) and Return on Equity (ROE) on share prices in nickel companies listed on the IDX for the 2018-2023 period. The research method used is descriptive and verification with a quantitative approach. The sampling technique used was purposive sampling, involving 4 companies for six years. The data used is secondary data taken from the Indonesian Stock Exchange website. Analysis was carried out using descriptive statistical techniques, classical assumption testing, multiple regression analysis, and hypothesis testing. The findings from this research show that simultaneously, Return on Assets (ROA) and Return on Equity (ROE) influence stock prices. Partially, Return on Assets (ROA) has a significant effect on share prices, while Return on Equity (ROE) has no significant effect on share prices.