PENGARUH OPM (OPERATING PROFIT MARGIN), GPM (GROSS PROFIT MARGIN), DAN NPM (NET PROFIT MARGIN) TERHADAP HARGA SAHAM (STUDI EMPIRIS PADA PERUSAHAAN LQ45 DI BEI TAHUN 2020–2023)

This study was conducted with the aim of determining the partial and
simultaneous influence of the OPM (Operating Profit Margin), GPM (Gross Profit
Margin), and NPM (Net Profit Margin) variables on the Share Price of LQ45
Companies listed on the IDX in 2020–2023. The sample of this study is 45
companies that are included in the LQ45 criteria on the IDX. The methods used
were multiple regression analysis and hypothesis test using the t test for partial test,
the F test for simultaneous test with a level of significance of 5% and the
determination coefficient test.
The results of this study show that the Gross Profit Margin (GPM) variable
has a partial effect on the stock price, while the Operating Profit Margin (OPM)
and Net Profit Margin (NPM) variables partially have no effect on the stock price.
Based on simultaneous tests, it shows that the variables Gross Profit Margin
(GPM), Operating Profit Margin (OPM), and Net Profit Margin (NPM) have an
influence on the Share Price of LQ45 companies listed on the IDX in 2020-2023.
The magnitude of the determination coefficient or R² is 0.051, meaning that the
percentage of OPM (Operating Profit Margin), GPM (Gross Profit Margin), and
NPM (Net Profit Margin) variables to the Stock Price is 5.1% while the remaining
94.9% is influenced by other variables that are not included in this study.
Keywords: OPM, GPM, NPM, and Stock Price