Pengaruh Profitabilitas, Solvabilitas, dan Likuiditas terhadap Nilai Perusahaan pada Perusahaan Manufaktur di Bursa Efek Indonesia

Company value is a benchmark for measuring the success of company management in managing the operational activities of a company which is also important for investors. This study aims to analyze the effect of profitability, solvency, and liquidity on firm value in manufacturing companies on the Indonesia Stock Exchange for the 2015-2019 period, respectively. The population in this study is a manufacturing company that publishes complete data on the variables studied successively in the 2015-2019 period on the Indonesia Stock Exchange. The sampling technique used purposive sampling technique based on certain criteria so that 100 companies were selected as research samples. The analysis technique used is multiple linear regression analysis. The results of this study indicate that simultaneously profitability, solvency, and liquidity have a significant effect on firm value. Partially, profitability has a significant positive effect on firm value, solvency has no effect on firm value, and liquidity has a significant negative effect on firm value. Keywords: Profitability, Solvency, Liquidity and Firm Valu