<![CDATA[This study aims to determine the effect of Earning Per Share (EPS), Debt to Equity Ratio (DER), and Net Profit Margin (NPM) on Stock Prices of manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange during the 2020–2024 period. This research employs a quantitative method using secondary data obtained from company financial statements and stock price data. The sampling technique used was purposive sampling, resulting in 29 companies as research samples with a total of 145 observations. The data analysis technique used was panel data regression with the assistance of EViews 9 software. Based on the model selection tests, the Fixed Effect Model (FEM) was selected as the most appropriate model for this study. The results show that partially, Earning Per Share (EPS) has a significant effect on Stock Prices, Debt to Equity Ratio (DER) has a significant effect on Stock Prices, while Net Profit Margin (NPM) has no significant effect on Stock Prices. Simultaneously, EPS, DER, and NPM have a significant effect on Stock Prices. The Adjusted R-Squared value of 65.4137% indicates that EPS, DER, and NPM are able to explain 65.4137% of the variation in Stock Prices, while the remaining 34.5863% is explained by other factors outside the research model.]]>
Copyrights © 2026
