The Effect of Inventory Valuation and Net Profit Margin on Market Value: An Empirical Study of Companies

Afina Mirrah Aghnia; Lenda Komala

doi:10.58777/efi.v1i1.505

Authors

Afina Mirrah Aghnia Faculty of Economics and Business, YARSI University, Jakarta
Lenda Komala Faculty of Economics and Business, YARSI University, Jakarta

DOI:

https://doi.org/10.58777/efi.v1i1.505

Keywords:

Inventory Valuation Accounting Method, Net Profit Margin, Market Value

Abstract

Market value reflects stock prices on the Indonesia Stock Exchange and is influenced by the interaction between supply and demand. This study aims to analyze the effect of Inventory Valuation Accounting Methods and Net Profit Margin on Market Value in manufacturing companies in the consumer goods industry listed on the IDX for the period 2012–2016. The research sample was selected using purposive sampling of 20 companies. The results showed that, partially, Inventory Valuation Accounting Methods had no significant effect on Market Value. The managerial implications of these findings emphasize the importance of effective company management in improving efficiency and profitability. This is because increasing the Net Profit Margin can directly enhance the company's market value. In contrast, the choice of inventory valuation method has no significant impact on investor perceptions of stock prices.

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