ANALISIS FAKTOR FUNDAMENTAL TERHADAP NILAI PERUSAHAAN

Abstract

The following research aims to identify what affects firm value in the retail sector listed on the Indonesia Stock Exchange (IDX) for the period 2018 to 2022. The variables in the following study are independent variables which include profitability with Net Profit Margin (NPM) as a proxy, liquidity with Current Ratio (CR), activity with Inventory Turnover (ITO), and leverage with Debt To Equity Ratio (DER), as well as one dependent variable, namely firm value proxied by Tobins'Q modification. The research population was 32 companies, the sample obtained was 15 companies in a period of five times, so a total of 75 research data was obtained using purposive sampling technique. Explanatory causality research is used as a research design. This research applies quantitative methods and analyzes data using the Statistical Package for the Social Sciences (SPSS) program. From the results of the study, it can be concluded that variables such as profitability (NPM), liquidity (CR), activity (ITO), and leverage (DER) have a correlation with overall firm value. When analyzed separately, profitability (NPM) and liquidity (CR) have not been able to influence company value, On the other hand, activity (ITO) has a positive impact on firm value, and leverage (DER) also shows firm value.