The effect of profitability, financial structure and return on investment on the stock value of companies listed on the Stock Exchange of Thailand in the industrial sector.

Abstract

The purpose of this study was to study the effect on profitability. Financial structure and return on investment to the value of securities of companies listed on the Stock Exchange of Thailand industrial products This research is a quantitative research. Data were collected using secondary data from financial statements with complete information of 87 companies during 2019 - 2021. Data was analyzed with a statistical package using descriptive statistical analysis, including percentage, mean and deviation. Ben standard to describe the generalization of variables. correlation coefficient analysis to test the relationship of independent variables and multiple regression analysis to test the research hypothesis.

                The results showed that profitability impact to the value of securities The analysis results show that the rate of return on equity positively affecting the value of securities At the statistical significance level of 0.05, it is possible that the rate of return on equity increased, resulting in the value of securities. increase in the same direction , the impact on the financial structure that affect the value of securities, the analysis found that Debt to Equity Ratio and Debt to Equity Ratio negatively affect stock value at the statistical significance level of 0.05 and the impact on the return on investment that affect the value of securities, the analysis found that earnings per share have a positive impact on stock value at the statistical significance level of 0.05