This study aims to determine the effect of cash flow, return on equity, and net profit on stock prices of construction companies listed on the Indonesia Stock Exchange in 2019-2023. The purpose of this study was to determine and analyze the effect of cash flow, return on equity, and net profit on stock prices of construction companies listed on the Indonesia Stock Exchange in 2019-2023. The method used is quantitative, The data used in this study were obtained from the annual published financial reports of the Indonesia Stock Exchange in 2019-2023. The sample size was 10 construction companies listed on the Indonesia Stock Exchange for the 2019-2023 period, selected through purposive sampling. The analysis technique used was multiple linear regression analysis. Based on the results of the f test, it shows that cash flow (X1) has a positive and significant effect on stock prices. Meanwhile, the return on equity (X2) and net profit (X3) variables do not have a positive and insignificant effect on stock prices. The predictive ability of the three independent variables on stock prices is 28.3% as indicated by the size of the adjusted R Square, the remainder is explained by other variables outside the research model.
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