Influence Financial Performance On Company Value At Bank Mandiri Tbk.

Abstract

This study aims to test and analyse the effect of financial performance on company value at Bank Mandiri Tbk. This study uses a descriptive quantitative approach. The type of data used is secondary data from the financial statements and annual reports of Bank Mandiri Tbk listed on the Indonesia Stock Exchange. The sampling technique in this study used Purposive Sampling. The data collection technique used is documentation. The data analysis method used is classical assumption test ratio analysis, descriptive statistical analysis, hypothesis testing and multiple linear analysis using SPSS version 25.0. The results showed that the percentage of liquidity ratio each year using the quarterly report of Bank Mandiri Tbk fluctuated with the average liquidity ratio (LDR) for 5 years (2019-2023) was 86.84%. The percentage of profitability ratios fluctuates annually so that the quarterly average in 2019 to 2023 is 3.31%. The percentage of solvency value fluctuates annually with an average quarterly average in 2019 to 2023 of 5.80%, this value is very high, this indicates that high DER has very high company debt compared to its equity. The percentage of company value fluctuates annually with an average company value (PBV) of 1.64%. Meanwhile, hypothesis testing shows that Liquidity (LDR) has a positive and insignificant effect on Firm Value, Profitability (ROA) has a positive but insignificant effect on Firm Value and Solvency (DER) has a negative and insignificant effect on Firm Value. After that, the results of the F test using Liquidity, Profitability, and Solvency simultaneously have no effect on Firm Value.