The influence of profitability and operational efficiency Monetary policies that affect returns and stock values A company listed on the Stock Exchange of Thailand industry group industrial goods and consumer goods

Abstract

The purpose of this study was to investigate the influence of profitability and operational efficiency. Financial policies that affect returns and securities values of listed companies on the Stock Exchange of Thailand industry group industrial goods and consumer goods This research is a quantitative research. Data were collected using secondary data from financial statements with complete information of 84 companies during 2019 - 2021. Data were analyzed with statistical software packages using descriptive statistical analysis, includingpercentage, mean, and standard deviation to characterize the generalization of the variables. correlation coefficient analysis to test the relationship of independent variables and multiple regression analysis to test the research hypothesis. The results showed that The return on equity has a positive effect on the return on investment with a statistically significant level of 0.05. At a statistical significance level of 0.05, the cash to earnings ratio had a positive effect on the book value per share. at a statistical significance level of 0.05 and the interest coverage ratio had a positive effect on the book value per share. at a statistical significance level of 0.05. Return on Total Assets Rate of Return on Fixed Assets And the accounts receivable turnover had no significant effect on the return on investment at the level of 0.05. Cash to profitability ratio Return on Equity Return on Total Assets Rate of Return on Fixed Assets and account receivable turnover. It has no effect on the dividend payout ratio. At the statistical significance level of 0.05, the rate of return on equity Return on Total Assets Rate of Return on Fixed Assets Account Receivable Turnover There is no effect on the stock price on the number of ordinary cladding. At the statistical significance level of 0.05, the rate of return on equity Return on Total Assets Return on fixed assets and accounts receivable turnover have no effect on book value per share. at a statistical significance level of 0.05 as follows: Debt ratio to shareholders Interest Coverage Ratio and debt service coverage ratio It has no effect on the return on capital investment. at a statistically significant level of 0.05. Debt ratio to shareholders Interest Coverage Ratio and debt service coverage ratio There was no effect on the dividend payout ratio at the statistically significant level. 0.05 Equity Debt Ratio Interest Coverage Ratio and debt service coverage ratio There is no effect on the stock price per the number of ordinary cladding. At the statistical significance level of 0.05, the rate of return on equity The debt service coverage ratio has no effect on the book value per share. at the statistical significance level of 0.05.