Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value

This research aims to evaluate the financial performance of companies that go public in the banking sector by prioritizing the role of profitability variables in determining the value of the company. The indicators used are ROA and ROE which are important indicators used to measure the level of prof...

Full description

Saved in:
Bibliographic Details
Main Authors: Siti Nurjanah, Steven Natanael Wijaya, Acep Komara, Moh Yudi Mahadianto
Format: Article
Language:English
Published: Research Collaboration Community (RCC) 2025-06-01
Series:International Journal of Business, Economics, and Social Development
Subjects:
Online Access:https://journal.rescollacomm.com/index.php/ijbesd/article/view/916
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849328959322324992
author Siti Nurjanah
Steven Natanael Wijaya
Acep Komara
Moh Yudi Mahadianto
author_facet Siti Nurjanah
Steven Natanael Wijaya
Acep Komara
Moh Yudi Mahadianto
author_sort Siti Nurjanah
collection DOAJ
description This research aims to evaluate the financial performance of companies that go public in the banking sector by prioritizing the role of profitability variables in determining the value of the company. The indicators used are ROA and ROE which are important indicators used to measure the level of profitability and efficiency of a company in managing its assets and equity. In this study, quantitative data was obtained from the financial statements of several banks listed on the Indonesia Stock Exchange (IDX) in a certain period. To test the relationship between Return on Assets (ROA), Return on Equity (ROE), and company value, multiple regression analysis was used. The results show that ROA has a significant effect on company value, while ROE does not show a significant influence. These findings emphasize the importance of the role of banking management in optimizing ROA to increase the company's value in the eyes of investors.
format Article
id doaj-art-c28c609d0d784c5ea30b2313cce3ef27
institution Kabale University
issn 2722-1164
2722-1156
language English
publishDate 2025-06-01
publisher Research Collaboration Community (RCC)
record_format Article
series International Journal of Business, Economics, and Social Development
spelling doaj-art-c28c609d0d784c5ea30b2313cce3ef272025-08-20T03:47:24ZengResearch Collaboration Community (RCC)International Journal of Business, Economics, and Social Development2722-11642722-11562025-06-016226427010.46336/ijbesd.v6i2.916679Financial Performance Evaluation: The Role of ROA and ROE in Increase Company ValueSiti Nurjanah0Steven Natanael Wijaya1Acep Komara2Moh Yudi Mahadianto3University of Swadaya Gunung JatiUniversity of Swadaya Gunung JatiUniversity of Swadaya Gunung JatiUniversity of Swadaya Gunung JatiThis research aims to evaluate the financial performance of companies that go public in the banking sector by prioritizing the role of profitability variables in determining the value of the company. The indicators used are ROA and ROE which are important indicators used to measure the level of profitability and efficiency of a company in managing its assets and equity. In this study, quantitative data was obtained from the financial statements of several banks listed on the Indonesia Stock Exchange (IDX) in a certain period. To test the relationship between Return on Assets (ROA), Return on Equity (ROE), and company value, multiple regression analysis was used. The results show that ROA has a significant effect on company value, while ROE does not show a significant influence. These findings emphasize the importance of the role of banking management in optimizing ROA to increase the company's value in the eyes of investors.https://journal.rescollacomm.com/index.php/ijbesd/article/view/916keywords: return on assets (roa), return on equity (roe), company value, economic uncertainty
spellingShingle Siti Nurjanah
Steven Natanael Wijaya
Acep Komara
Moh Yudi Mahadianto
Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
International Journal of Business, Economics, and Social Development
keywords: return on assets (roa), return on equity (roe), company value, economic uncertainty
title Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
title_full Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
title_fullStr Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
title_full_unstemmed Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
title_short Financial Performance Evaluation: The Role of ROA and ROE in Increase Company Value
title_sort financial performance evaluation the role of roa and roe in increase company value
topic keywords: return on assets (roa), return on equity (roe), company value, economic uncertainty
url https://journal.rescollacomm.com/index.php/ijbesd/article/view/916
work_keys_str_mv AT sitinurjanah financialperformanceevaluationtheroleofroaandroeinincreasecompanyvalue
AT stevennatanaelwijaya financialperformanceevaluationtheroleofroaandroeinincreasecompanyvalue
AT acepkomara financialperformanceevaluationtheroleofroaandroeinincreasecompanyvalue
AT mohyudimahadianto financialperformanceevaluationtheroleofroaandroeinincreasecompanyvalue