ROE, ROA AND EVA EFFECT ANALYSIS TO STOCK PRICE (CASE STUDY IN THE BANKING COMPANIES LISTED ON THE STOCK EXCHANGE)

DIAH DRASTI TIANA

Abstract


Bank is one of the
nancial institutions that have an important role in the
economy of a country as a nancial intermediary (nan-
cial intermediary) between parties who have the funds (sur-
plus units) to the parties that need funding (decit units).
Therefore the banking sector is like the blood of the Indone-
sian economy. In this study, the authors will analyze the
in
uence indocators of ROE, ROA and EVA on the price of
banking stocks either partially or simultaneously. The data
taken are the nancial statements in 2007 until 2010, the
balance sheet, income statement and stock price from 10
banks in IDX. Secondary data is sourced from Capital Mar-
ket Reference Center on Indonesia Stock Exchange Building
to be processed, nd out how much the value of ROE, ROA,
EVA and Stock Price of each bank. The method used in
this study is the method of multiple linear regrestion. Af-
ter the analysis was performed using SPSS is got the results
that ROE, ROA and EVA has a signicant in
uence on the
price simultaneously Banking stocks on the Stock Exchange.
While partial, indicator of ROA and EVA has a signicant
in
uence on stock price so that the indicator does not have
an in
uence ROE partially against the banking company's
stock price.

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