Analysis of the Influence of Basic Earning Power, Earning Per Share, Net Profit Margin, Economic Value Added and Return on Asset on Stock Return in Mining Sector Companies listed on the IDX Period 2019-2023
Abstract
Indonesia’s economic growth is supported by various domestic sectors, one of which is the mining sector. This study aims to examine and analyze the influence of basic earning power, earnings per share, net profit margin, economic value added, and return on assets on stock returns. The research employed a purposive sampling technique with a total of 35 data points. The findings indicate that basic earning power and net profit margin have a significant effect on stock returns. In contrast, earnings pershare and return on assets show a significant influence on stock returns, while economic value added has significant impact. The coefficient of determination (R²) reveals that 91.3% of the variation in stock returns can be explained by the five independent variables, while the remaining 8.7% is influenced by other factors not included in this research model.
Fields of Study & Subjects
Financial Analysis and Corporate Governance
Financial Reporting and Valuation Research
Financial Markets and Investment Strategies
Publication details
- Journal / source
- Proceeding International Student Conference
- Volume
- 2
- Issue
- 1
- Publication date
- 20 February 2026
- Language
- EN