Can Price Earning Ratio And Financial Distress Moderate Stock Returns : A Case Study Of The Property & Real Estate Sector In Southeast Asia
Abstract
Discussion leads to the effect of Net Profit Margin, Quick Ratio, and Debt to Total Asset Ratio on Stock Return
Moderated by Price Earning Ratio and Financial Distress. Therefore, this study aims to determine the effect of Net Profit
Margin, Quick Ratio, and Debt to Total Asset Ratio on Stock Return Moderated by Price Earning Ratio and Financial
Distress. This study uses the object of the Property & Real Estate sub-sector companies on the Southeast Asian Stock
Exchange for the period 2012-2020. The population in this study are all Property & Real Estate sub-sector companies
listed on the Southeast Asian Stock Exchange with a total population of 430 companies, and the sample taken by the
researcher is 12 companies. the following conclusions, namely Net Profit Margin, Debt to Total Asset Ratio partially
does not have a significant effect on stock returns in the property and real estate sub-sector listed on the Southeast Asian
Stock Exchange. Quick Ratio partially has no significant effect on stock returns in the property and real estate sub-sector
listed on the Southeast Asian Stock Exchange. Net Profit Margin, Quick Ratio, and Debt to Total Asset Ratio
simultaneously significant effect on stock returns in the property and real estate sub-sector listed on the Southeast Asian
Stock Exchange. Price Earning Ratio, Price Earning Ratio, Price Earning Ratio does not moderate Net Profit Margin on
Stock Return in the property and real estate subsector listed on the Southeast Asian Stock Exchange. Financial Distress
does not moderate Net Profit Margin, Quick Ratio, Debt to Total Asset Ratio on Stock Returns in the property and real
estate sub-sector listed on the Southeast Asian Stock Exchange.
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