The aim of this study is to assess the simultaneous impact of ROA, ROE, and NPM on stock prices, determining whether these variables have a positive and significant effect. The findings of the research indicate that: (1) The partial test results demonstrate that ROA has a positive and significant impact on stock prices, with a calculated t-value for ROA of 2.450 > t-table value of 2.262 and a significance value of 0.008 < 0.05. (2) The partial test results reveal that ROE has a positive and significant influence on stock prices, with a calculated t-value for ROE of 3.022 > t-table value of 2.262 and a significance value of 0.029 < 0.05. (3) The partial test results show that NPM does not have a positive and significant effect on stock prices, with a calculated t-value for NPM of 0.938 < t-table value of 2.262 and a significance value of 0.391 > 0.05. (4) The results of the simultaneous test indicate that the independent variables, which include ROA, ROE, and NPM, collectively have a positive and significant impact on stock prices, with a calculated F-value of 43.421 > F-table value of 3.633 and a significance value of 0.001 < 0.05. (5) The coefficient of determination test results show an adjusted R-squared value of 0.941 or 94.1%, meaning that the independent variables collectively explain 94.1% of the variance in stock prices, while the remaining 5.9% is influenced by other unexamined variables.
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