ISSN : 2663-2187

ANALYSIS OF THE INFLUENCE OF COMPANY SIZE, CAPITAL STRUCTURE, PROFITABILITY, AND BIOLOGICAL ASSET INTENSITY ON THE INTRINSIC VALUE OF PLANTATION COMPANIES IN THE INDONESIAN STOCK EXCHANGE

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Yoseprin Sitepu, Iskandar Muda, Khaira Amalia Fachrudin
» doi: 10.48047/AFJBS.6.6.2024.6846-6868

Abstract

The intrinsic value of a company is the true value of a company determined by several fundamental factors. The intrinsic value is reflected in facts such as income, dividends, assets, and the company's prospects. A high company value can attract investors to invest in the company. Several factors affect the intrinsic value. This study aims to determine the influence of company size, capital structure, profitability, and biological asset intensity on the intrinsic value of plantation sector companies listed on the Indonesia Stock Exchange for the period 2018 – 2022. Six companies were selected from this population. The statistical methods used are multiple linear regression analysis, coefficient of determination test, F test, and T test. The results show that company size has a positive and significant effect on intrinsic value, capital structure has a positive but not significant effect on intrinsic value, profitability has a positive but not significant effect on intrinsic value, and biological asset intensity has a positive but not significant effect on intrinsic value.

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