Journal of Ekonomics, Finance, and Management Studies
Vol. 6 No. 7 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

Analisis Kinerja Keuangan Terhadap Harga Saham Emiten Sektor Transportasi Logistik 2021-2023

Nurul Arum Puspita (Unknown)
Rudi Kurniawan Lenni Yovita (Unknown)
Pradana Jati Kusuma (Unknown)



Article Info

Publish Date
03 Jul 2025

Abstract

This research aims to analyze the impact of financial performance on stock price movements of transportation and logistics companies listed on the Indonesia Stock Exchange (IDX) from 2021 to 2023. The financial performance variables examined include Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt to Equity Ratio (DER), and Earnings Per Share (EPS). The study selected 10 companies with the largest total assets using purposive sampling. Data were obtained from quarterly financial reports and the closing stock prices at the end of each trading period. The analysis employed multiple linear regression along with classical assumption tests. The results indicate that EPS, NPM, ROE, and ROA each have a significant positive effect on stock prices, while DER shows a negative but not statistically significant relationship. Overall, the independent variables significantly influence stock prices simultaneously, as reflected by an Adjusted R² of 84.3%.

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Journal Info

Abbrev

elmal

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat ...