Analisis Pengaruh Profitabilitas, Struktur Modal, Ukuran Perusahaan dan Intangible Asset terhadap Nilai Intrinsik Perusahaan Sektor Kesehatan yang Terdaftar di Bursa Efek Indonesia

Abstract

Intrinsic value of the company describes the actual condition of a company. A high company value can attract the investors to the company. There are some factors which can influence the intrinsic value. The research aims to find out how profitability, capitol structure, company size and intangible asset influence the company's intrinsic value. The research population is companies working in the health sector which are listed on the Indonesia Stock Exchange for the period of 2018-2021. Then, 8 companies are selected from the population. The research employs statistical methods namely multiple linear regression analysis, coefficient of determination test, F test and T test. The research results indicate that profitability has a positive and significant influence on intrinsic value, capital structure has positive and insignificant influence on intrinsic value, company size has positive and significant influence on intrinsic value, and intangible asset has a negative and insignificant influence on intrinsic value.