IMPACT OF PROFITABILITY (NET PROFIT MARGIN) ON FIRM VALUE IN RETAIL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

Authors

  • Chaerudin Universitas Singaperbangsa Karawang Author
  • Eko Suyono Universitas Jenderal Soedirman Author
  • Oman Rusmana Universitas Jenderal Soedirman Author

DOI:

https://doi.org/10.32424/icsema.1.1.486

Keywords:

Net Profit Margin (NPM), Firm Value, Retail Companies, Indonesia Stock Exchange (IDX)

Abstract

This study aims to analyze the effect of Net Profit Margin (NPM) on firm value in retail companies listed on the Indonesia Stock Exchange (IDX) for the period 2017-2023. The research sample consisted of 10 companies selected using purposive sampling. Data were analyzed with SPSS version 26 using normality test, heteroscedasticity, t test, and R-squared test. The results show that NPM has a significant effect on firm value with a significance of 0.032 and a t-statistic of -2.207, which indicates a negative relationship. The R-squared test results show that NPM only explains 9.2% of the variation in firm value.

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Published

2025-08-12

Issue

Vol. 1 (2025): The International Conference on Sustainable Economics, Management, and Accounting (ICSEMA 2025) Proceeding

Section

Articles

License

Copyright (c) 2025 The International Conference on Sustainable Economics Management and Accounting Proceeding

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

IMPACT OF PROFITABILITY (NET PROFIT MARGIN) ON FIRM VALUE IN RETAIL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE. (2025). The International Conference on Sustainable Economics Management and Accounting Proceeding, 1(1), 176-181. https://doi.org/10.32424/icsema.1.1.486