Analisis Pengaruh ROA, ROE, Dan DER Terhadap Harga Saham dalam Pengendalian Internal pada PT Sawit Sumbermas Sarana Tbk

Abstract

This study aims to investigate the impact of the Debt to Equity Ratio (DER), Return on Equity (ROE). and Return on Assets (ROA) on the stock price of PT Sawit Sinar Sumbermas Sarana between 2019 to 2023.Using a quantitative approach and secondary data from the company’s financial reports, linear regression analysis was utilized to ascertain the relationship between these attributes and stock prices. The findings show that stock prices are highly impacted by ROA, ROE, and DER. ROA has a negative relationship with stock prices, meaning that the higher the ROA, the lower the stock price, which suggests potential inefficiency in asset utilization. On the other hand, ROE and DER have a positive relationship with stock prices, reflecting strong internal management, increasing investor confidence, and driving higher stock prices.