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Journal : Journal of Accounting and Digital Finance

Free cash flow, profitabilitas dan dividend payout ratio terhadap nilai perusahaan pada 50 biggest market capitalization Damayanti, Elsa; Yulianto, Agung; Muna, Arinal
Journal of Accounting and Digital Finance Vol. 4 No. 2 (2024): Journal of Accounting and Digital Finance
Publisher : Nur Science Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53088/jadfi.v4i2.1005

Abstract

Companies with the biggest market capitalization in Indonesia have seen a price decline in book value. This study aims to examine the impact of free cash flow, profitability, and dividend payout ratio on a firm. Value in terms of free cash flow is calculated using the free cash flow ratio. Profitability uses the return on assets ratio and dividend payout ratio using the dividend payout ratio, whilst business value is calculated using the price to book value. The study’s data population comprises the 50 biggest market capitalization businesses listed on the Indonesian Stock Exchange in 2020-2022. Employing purposive sampling as a sample method, as many as 66 samples are available that match the requirements. The analytical technique employed is multiple linear regression analysis, and the secondary data used is obtained from the website www.idx.co.id. According to the study’s findings, free cash flow does not affect a firm value. Firm value is influenced by profitability and dividend payout ratio.
Co-Authors Acep Komara Agus Wahyudin Ahmad Saeroji Ajeng Pangestuning Purwoko, Ajeng Pangestuning Alfika, Exsa Ali, Shujahat Amanda Kyka Marharani, Amanda Kyka Andini, Valecia Putri Anggraeni Rinjani, Mandalike Anita Trisiana, Anita Ardi, Jalu Wicaksono Arief Yulianto Arinal Muna Astillero, Marlon Rael Azahra, Nurlisti Azizatul Fikriyah, Azizatul Badingatus Solikhah Bariyyah, Bikruniyatul Barokah, Nur Bestari Dwi Handayani Christin, Nia Renita Damayanti, Elsa Dewi Indriasih Dewi, Aprillia Puspita Dwi Lestari Fadil, Yasin Fadil, Yasin Fariani Siregar, Nelia Fauzia, Putri Febrica Dewi Paramita, Febrica Dewi FEBRIYANTI, FENI Fitriana, Ratna Haryanti, Kurniati Kevin Heni Susilawati Ika Wahyuningsih Junita, Niken Lady Junita, Niken Lady Laeli, Azizatul Laeli, Azizatul Lestari, Retno Ariyani Puji Lestari, Vena Vebriyana Puji Lusiyanawati Margunani, Margunani Maulidia, Sabrina Ayuni Mirza Nurdin Nugroho, Mirza Nurdin Mita, Shelo Moh Yudi Mahadianto Muktiningtyas, Dita Muktiningtyas, Dita Mulyantini, Sri Nabillah, Azkatul Nanik Sri Utaminingsih Nur Azizah Nurkomala, Nita Prasanti, Oki Prasetya, Rauf Alvian Puriayu, Nanik Leanikha Puspa, Regita Dwi Rachmah, Dewi Nailur Rizki Aulia Rachman, Rizki Aulia Rizki Rahmawati, Rizki Rizqiani, Dian Rosyiqoh Haida Lutfiana, Rosyiqoh Haida Saharah, Siti Sari Widyastuti, Sari Sehabuddin, Ahmad Sendyvia Candra, Sendyvia Silvia Mandang, Dhea Siska Ernawati Fatimah Siti Fiki Ikmah, Siti Fiki Siti Hajati Hoesin, Siti Hajati Siti Nur Hadiyati Slamet Riyadi Sri Rizky Rahayuningtyas, Sri Rizky Srisuk, Prattana Sugiarti, Rita Sukma, Triana Rahayu Tuffahati, Nabila Tuti Oktaviani, Tuti Ulum, Itah Miftahul Wijayaningsih, Shinta Wilujeng, Risma Wiwit Apit Sulistyowati Yanti, Atik Nur Fajar Zayyinatul Khasanah, Zayyinatul