scholarly journals DETERMINATION OF SHARE PRICE OF AGRO ALLIED FIRMS: EVIDENCE FROM NIGERIA

2020 ◽  
Vol 8 (4) ◽  
pp. 515-521
Author(s):  
Adedoyin Isola LAWAL ◽  
Ezeikel OSENI ◽  
Abiola J. ASALEYE ◽  
Bukola LAWAL-ADEDOYIN ◽  
Crystal O. ELLEKE

Purpose: The study aims to investigate the determinant of the share price of agro-related firms listed on the Nigerian stock exchange. Methodology: We employed regression analysis, unit root test as well as vector correction model to determine the degree of relationship between share prices and each of return on assets (ROA), earnings per share (EPS), dividend per share (DPS). Findings: The study found that share price is majorly influenced by earnings per shares, while other variables lag it. Practical implications: Results from the study have some possible policy implications, for instance, it is recommended that policymakers should put in place conducive market environments that will stimulate earnings from investments. Investors should on the other hand pay keen attention to information within and outside the economy when making investment decisions. Originality/Value: This study is one of the first studies on determinants of share prices with a focus on agro-allied firms.

2019 ◽  
Vol 4 (2) ◽  
pp. 151-156
Author(s):  
Nailal Husna

The object of this study is a banking company whose shares are listed in Indonesia Stock Exchange 2011-2014 period, and the sampling method was census. The purpose of this study was to determine the effect of the financial performance of banking shares. And the research variables are Stock Price (Y), Return on Assets (X1), Debt to Equity Ratio (X2), Price Earning Ratio (X3), Earning Per Share (X4). Based on the analysis and discussion of the results of testing the hypothesis then the conclusion is Price Earning Ratio and Earning Per share, positive and significant impact on the share price, while Return on Assets, Dept To Equity Ratio, Earnings Per share no significant effect on stock price. Keywords : Stock Price, Return on Assets, Debt To Equity ratio, Price Earning Ratio, Earnings Per Share, Bank


2021 ◽  
Vol 5 (2) ◽  
pp. 103-111
Author(s):  
Firdaus Gusti Redha romadi putra ◽  
Eni Wuryani

This study aims to determine the effect of the variables contained in fundamental and technical analysis of stock prices. Variables used include Earning Per Share, Return On Assets, Book Value Per Share, Price to Book Value, Past Share Prices, Dup and Ddown. Sample selection uses saturated samples by using all food and beverage companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The data analysis technique used is regression analysis using SPSS 23. The results of the study show that simultaneously all variables affect the stock price. Partially Earning Per Share, Price to Book Value, Past Share Prices, and Ddown have a significant effect on stock prices, while Return On Assets, Book Value Per Share, and Dup have no significant effect on stock prices.


2021 ◽  
Vol 5 (2) ◽  
pp. 139
Author(s):  
Gita Fitriningsih ◽  
Ery Yanto ◽  
Pandu Adi Cakranegara

<p>The company's goal is to create value. Therefore, it is important for companies to know the source of the company's value creation. This study connects the independent factors that affect firm value, namely Return On Equity, Return On Assets, and Earning Per Shares. This research used a sample of 30 companies. The samples used in this research are manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2019 with the sampling technique using purposive sampling. The results indicated that the return on assets has no significant effect on share prices, return on equity has no significant effect on share prices, EPS has an significant effect on share prices and simultaneously return on assets, return on equity and earnings per share has an significant effect on share prices.</p>


2013 ◽  
Vol 5 (1) ◽  
pp. 77-93
Author(s):  
Lisya Sujati ◽  
Sparta Sparta

This research is intended to determine the effect of Earnings Per Share (EPS), Price Earnings Ratio (PER), Return on Equity (ROE) and Return on Assets (ROA) towards share price property, real estate and building construction companies within period 2009- 2011. From 33 companies that listed at Indonesia Stock Exchange for period 2009 – 2011, 32 companies had been selected as the samples for this research using purposive sampling method. This research uses direct method to determine the relationship between the dependent and independent variables. The statistic method being used is multiple linear regression. The result indicates that (1) EPS has significant effects towards share price (2) PER has significant effects towards share price (3) ROE has significant effects towards share price (4) ROA has not significant effects towards share price Keywords: Earnings Per Share, Price Earnings Ratio, Return On Equity, Return OnAssets and Stock Price


2016 ◽  
Vol 3 (1) ◽  
pp. 1-5
Author(s):  
Muhammad Ahsan Chhipa ◽  
Agha Ammad Nabi

It is very important to understand the value of share prices as it will be beneficial for both investor as well as the company. By understanding those determinants that can effect the share price, the investor will be in a position to make various profitable investment decisions. Whereas, from the company’s point of view it helps to know about the Intrinsic value of company’s shares. The purpose of this research was to find out the impact of share price on banking sector in Pakistan, as it shows the positive correlation of leverage on share price of banking sector registered in Pakistan Stock Exchange. The data was extracted from the State bank of Pakistan official Website and from companies financial data starting from 2010 till 2017 of 20 companies in Banking sectors registered in Pakistan Stock Exchange (PSX). While share price have 4 control variables (Earning per Share, Dividend Yield, Return on Assets and Assets Growth) all the results shows low variation of share price on Banking sector in Pakistan. We used Simple regression analysis and the results shows the positive impact of earning per share variable that shows impact on share price while dividend yield has positive impact on share price, assets growth has positive impact on share price, and return on assets has positive impact on share price.


2018 ◽  
Author(s):  
STIM Sukma

The purpose of this study was to determine whether there is influence of return on assets and return on equity to the share price at PT.Astra International Tbk listed on the Indonesia Stock Exchange. Sample research company PT.Astra International Tbk listed on the Indonesia Stock Exchange in the form of complete financial statements for the years 2011 to 2015, sampling using a convenience sampling, namely the determination of the sample based on the desire of researchers. Test data analysis using linear regression, hypothesis testing using the coefficient of determination (R2), partial test (t test) and a simultaneous test (f test), while the data processing using SPSS. The results showed that test the coefficient of determination (R2) ROA and ROE were able to explain the existence of the stock price variable, but it simultaneously ROA and ROE and no significant positive effect on stock prices in companies PT.Astra International Tbk in Indonesia Stock Exchange , while partial showed that ROA does not affect the stock price but ROE and no significant effect on the price of shares in the company PT.Astra International Tbk in Indonesia stock Exchange.


Author(s):  
Jonatan Romeldo Pardomuan Hasiholan ◽  
Lorina Siregar Sudjiman

This study aims to determine the effect of Earning per Share (EPS) and Sales Growth on stock prices. The population in this study are all industrial companies in the household appliances sub-sector that went public on the Indonesia Stock Exchange in the period 2015 to 2019. Sampling in this study used a purposive sampling technique with 15 corporate annual financial statement data. The analysis technique in this study uses multiple linear regression to obtain a comprehensive picture of the relationship between variables. Earnings per Share (EPS) has a positive but not significant effect on the share prices of the household appliances sub-sector companies listed on the Indonesia Stock Exchange in the period 2015 - 2018. This is evidenced by the regression coefficient X1 of 1,554 and a significance value of 0.105. This is evidenced by the regression coefficient X1 -186,678 and a significance value of 0.447. So that if there is an increase in sales growth in the household appliances sub-sector, it will not affect the stock price. The result of the Adjusted R2 test in this study is 0.212. This shows that the share price of household appliances sub-sector companies listed on the Indonesia Stock Exchange in the period of 2015 - 2019 was influenced by 21.2% by EPS and sales growth.


2015 ◽  
Vol 4 (2) ◽  
pp. 72
Author(s):  
David Lumowa

This research aims to test the effects of profitability on share prices of companies listed in the LQ 45 index in the Indonesian Stock Exchange.  Profitability is measured using the return on equity (ROE) and earnings per share (EPS) ratios. Using purposive sampling on companies listed in the LQ 45 index in 2011- 2014 yielded data samples from 11 companies.  Running a simple linear regression and and a multiple regression on the variables results in showing that simultaniuosly ROE, EPS does significantly effects share prices. When tested partially ROE and EPS also proves to have significant effects on Share Price.


2011 ◽  
Vol 2 (6) ◽  
pp. 246-251
Author(s):  
Muhammad Imtiaz Subhani

This study examines that out of monetary shocks (∆M2) and real shocks in share prices (∆Yt-k), which one or both really explain share prices of Karachi stock exchange 100 index. The time series econometrics is used to investigate the data for the monthly period of January 1991 to January 2011 for money supply (M2) and share prices of KSE 100 index. The results of unit root test reveal that there is a real shock in share prices and it explains the share price of KSE 100 index temporarily, while Vector auto regression revealed that Share prices of KSE 100 index is meagerly explained by the monetary shocks.


2021 ◽  
Vol 5 (1) ◽  
pp. 94
Author(s):  
Christhoper Erick

The purpose of this study was to determine the effect of Return on Assets, Debt to Equity Ratio, and Earning per Share on the share prices of coal mining companies listed on the Indonesia Stock Exchange for the period 2016-2018. This research sample consisted of 23 companies selected using the purposive sampling method with the 2016-2018 research period. The method for analyzing research questions is to use panel data statistical regression methods. The result found that Earning per Share partially had a significant effect on stock prices. While Return on Assets and Debt to Equity Ratio partially have no significant effect on stock prices. But Return on Assets, Debt to Equity Ratio, and Earning per Share together have an influence on the share price of coal mining companies. Tujuan penelitian ini adalah untuk mengetahui pengaruh Return on Asset, Debt to Equity Ratio, dan Earning per Share terhadap harga saham perusahaan pertambangan batubara yang terdaftar di Bursa Efek Indonesia untuk periode 2016 hingga 2018. Sampel penelitian terdiri dari 23 perusahaan yang dipilih dengan menggunakan metode purposive sampling dengan periode penelitian 2016-2018. Metode untuk menganalisis pertanyaan penelitian adalah dengan menggunakan metode statistik regresi data panel. Hasil penelitian menemukan bahwa Earning per Share secara parsial berpengaruh signifikan terhadap harga saham. Sementara Return on Asset dan Debt to Equity Ratio secara parsial tidak berpengaruh signifikan terhadap harga saham. Namun Return on Asset, Debt to Equity Ratio, dan Earning per Share secara bersama-sama mempunyai pengaruh terhadap harga saham perusahaan pertambangan batubara.


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