Pengaruh Profitabilitas dan Pertumbuhan Penjualan terhadap Nilai Perusahaan pada Perusahaan Kelapa Sawit yang Terdaftar Di BEI Periode 2019-2022

Abstract

This research aims to determine the influence of Profitability and Sales Growth on Company Value in coconut companies listed on the Indonesia Stock Exchange for the 2019-2022 period. This research uses independent variables, namely Profitability using the Return On Assets (ROA) formula and Sales Growth using the Sales Growth formula, while the dependent is Company Value using the PBV formula. This research method uses quantitative methods with the research object being oil palm plantation sub-sector companies listed on the Indonesia Stock Exchange for the 2019-2022 period. The sample for this research using a purposive sample is 12 companies and the total data sample is 48. The results of this test were carried out using IBM SPSS version 25 with the results of the research using partial analysis tests and simultaneous tests that Profitability has a positive effect and has a significant effect on company value and company growth. has a negative effect and has a significant effect on Company Value, while for the simultaneous test, Profitability and Sales Growth have a significant effect on Company Value.