Research Article
Financial Performance Analysis of Stock Return in Infrastructure, Utility, and Transportation Sector Companies in the Indonesia Stock Exchange
@INPROCEEDINGS{10.4108/eai.5-10-2022.2325844, author={Rahayu Rahayu and Irsutami Irsutami}, title={ Financial Performance Analysis of Stock Return in Infrastructure, Utility, and Transportation Sector Companies in the Indonesia Stock Exchange}, proceedings={Proceedings of the 4th International Conference on Applied Economics and Social Science, ICAESS 2022, 5 October 2022, Batam, Riau Islands, Indonesia}, publisher={EAI}, proceedings_a={ICAESS}, year={2023}, month={1}, keywords={debt to equity ratio return on asset total asset turnover and stock return}, doi={10.4108/eai.5-10-2022.2325844} }- Rahayu Rahayu
Irsutami Irsutami
Year: 2023
Financial Performance Analysis of Stock Return in Infrastructure, Utility, and Transportation Sector Companies in the Indonesia Stock Exchange
ICAESS
EAI
DOI: 10.4108/eai.5-10-2022.2325844
Abstract
Research purpose to analyze the effect of partial and simultaneous financial performance on stock returns in companies engaged in the infrastructure, utilities, and transportation sectors in the Indonesian Stock Exchange. The variables of this study include the dependent variable which is represented by debt to equity ratio, return on assets, and total asset turnover then the independent variable is stock return. The study was conducted using a descriptive quantitative, approach by taking data from the company’s annual report with sample, which means that all existing samples using the purposive sampling method for 27 companies that had issued financial statements for 3 (three) consecutive years. Based on the result of statistical analysis partially return on asset and total asset turnover variables affect stock returns and debt to equity ratio variables have no effect on stock returns. Simultaneous test result show that the three variables have effect on stock return.