Login

Pengaruh Net Profit Margin (NPM) & Earning Per Share (EPS) Terhadap Harga Saham Pada PT. Telkom Indonesia Tbk Periode 2016-2025

Vol. 4 No. 02 (2026): PARADIGM : Journal Of Multidisciplinary Research and Innovation:

Shylvia Lestari (1), Sri Mardiana MARDIANA (2)

(1) Universitas Pamulang, Indonesia
(2) , Indonesia
Fulltext View | Download

Abstract:

The objective of this study is to determine the effect of Net  Profit Margin (NPM) and Earnings Per Share (EPS) on the share price of PT Telkom Indonesia Tbk, both partially and simultaneously. This study employs a quantitative method with an associative approach. The research sample consists of PT Telkom Indonesia Tbk’s financial statements over a ten-year period, which were processed into time-series data. Data analysis was carried out using classical assumption tests, multiple linear regression analysis, hypothesis testing, and analysis of the coefficient of determination. The results indicate that, when considered individually, Net Profit Margin has no effect on share price. Earnings Per Share also has no effect on share price. Simultaneously, neither the Net Profit Margin nor Earnings Per Share has an effect on the Share Price. The coefficient of determination indicates that the variables Net Profit Margin and Earnings Per Share are able to explain variations in the Share Price, whilst the remainder is influenced by other factors outside the scope of this study. Thus, neither the Net Profit Margin nor Earnings Per Share, either partially or simultaneously, has an effect on the Share Price of PT Telkom Indonesia Tbk

References

Adila, D. N., & Nurcahayati, S. (2026). Pengaruh Net Profit Margin ( Npm ) Dan Earning Per Share ( Eps ) Terhadap Harga Saham Pada Pt . Kalbe Farma Tbk Periode 2014 – 2023. Spectrum: Multidisciplinary Journal, 3, 10–18.

Ahyar, S., & Rimawan, M. (2023). Analisis Pengaruh Net Profit Margin ( NPM ), Gross Profit Margin ( GPM ), Return On Asset ( ROA ), Dan Return On Equity ( ROE ), Terhadap Harga Saham Pada PT Gajah Tunggal Tbk. Jurnal Penelitian Ekonomi Manajemen Dan Bisnis (JEKOMBIS), 2(4).

Brilyandita, S. S., & Santoso, B. H. (2023). Pengaruh ROA, NPM, dan EPS terhadap harga saham perusahaan telekomunikasi di BEI. Jurnal Ilmu dan Riset Manajemen, 12(2).

Dzakwan, N., Fariantin, E., & Setiawati, E. (2023). Pengaruh ROA, NPM, EPS, dan PBV terhadap harga saham sektor energi yang terdaftar di BEI. Jurnal Ganec Swara (GARA), 17(1).

Hidayati, D. M. A., & Sayidah, N. (2024). Analysis of the effect of PBV, EPS, ROA on the share price of the F&B sector (IDX 2020–2023). Jurnal Penelitian Teori & Terapan Akuntansi (PETA).

Nurhayati, T., & Nuryani, A. (2024). Pengaruh Debt To Equity Ratio ( Der ) Dan Net Profit Margin ( Npm ) Terhadap Harga Saham Pada Pt Xl Axiata Tbk Periode 2012-2022. Finavest: Jurnal Ilmiah Ilmu Keuangan, 1(1), 12–17.

Salsabila, S. M. (2025). Pengaruh Earning Per Share ( Eps ) Dan Price To Book Value ( Pbv ) Terhadap Harga Saham Pada Pt Alam Sutera Realty Tbk Periode 2014 - 2023 The Effect Of Earnings Per Share ( Eps ) And Price To Book Value ( Pbv ) On Share Prices In Pt Alam Sutera Realty Tb. JICN: Jurnal Intelek Dan Cendikiawan Nusantara, 10(September), 6096–6106.

Sri Wahyuni, J. (2024). Pengaruh Current Ratio ( Cr ), Debt To Equity Ratio ( Der ) Dan Earning Per Share ( Eps ) Terhadap Harga Saham Pada Pt Telkom Indonesia Tbk Periode 2013-2022. JORAPI?: Journal of Research and Publication Innovation, 2(1), 813–824.