LAMPIRAN HASIL PERHITUNGAN DATA PERUSAHAAN KODE PERUSA HAAN
1.AALI
TAHUN 2007 2008 2009 2010 2011 2012
KODE PERUSA HAAN
TAHUN
2.ANTM
2007 2008 2009 2010 2011 2012
KODE PERUSA HAAN
3.INCO
TAHUN 2007 2008 2009 2010 2011 2012
NOPAT (Rp)
2,322,165 1,805,596 2,128,259 2,498,565 2,520,266
NOPAT (Rp)
1,042,141 446,049 1,434,598 1,510,682 688,340
NOPAT (Rp)
4,061,960 1,574,748 4,028,171 3,026,563 4,486,414
INVESTED CAPITAL (Rp)
WACC
5,503,624 6,632,423 7,729,947 8,764,144 9,819,280
15.96% 4.67% 4.64% 7.07% 7.07%
TAX
EVA (Rp)
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
31.24% 30.83% 29.03% 25.03% 28.50%
1,443,635 1,495,758 1,769,921 1,878,715 1,825,621
15,435,000 35,831,250 41,265,000 34,177,500 31,027,500
6,986,153 9,180,622 11,577,287 14,201,518 17,883,299
8,448,847 26,650,628 29,687,713 19,975,982 13,144,201
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
INVESTED CAPITAL (Rp)
WACC
TAX
EVA (Rp)
9,519,099 9,192,465 10,321,661 14,345,405 16,667,135
11.39% 2.94% 6.78% 10.23% 10.01%
28.33% 24.08% 26.30% 24.95% 23.16%
-42,201 175,692 735,065 43,824 -980,507
10,396,420 20,983,600 23,368,100 15,451,560 12,304,020
8,011,165 8,047,695 9,465,140 10,656,843 12,707,559
2,385,255 12,935,905 13,902,960 4,794,717 -403,539
TAX
EVA (Rp)
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
INVESTED CAPITAL (Rp) 19,062,614 18,404,141 18,244,535 20,335,389 20,336,398
WACC
17.95% 3.60% 6.71% 7.53% 1.57%
22.44% 28.00% 24.77% 26.21% 23.66%
640,598 911,490 2,804,452 1,496,153 4,166,944
19,176,480 36,266,400 48,438,000 31,795,200 23,349,600
12,291,877 11,255,706 2,034,328 12,650,202 15,374,615
6,884,603 25,010,694 46,403,672 19,144,998 7,974,985
CLOSING RETURN PRICE SAHAM (Rp) 28,000 9,800 22,750 26,200 21,700 19,700
-65.00% 132.14% 15.16% -17.18% -9.22%
CLOSING RETURN PRICE SAHAM (Rp) 4,475 1,090 2,200 2,450 1,620 1,290
-75.64% 101.83% 11.36% -33.88% -20.37%
CLOSING RETURN PRICE SAHAM (Rp) 9,652 1,930 3,650 4,875 3,200 2,350
-98.00% 89.12% 33.56% -34.36% -26.56%
LAMPIRAN HASIL PERHITUNGAN DATA PERUSAHAAN KODE PERUSA HAAN
4.INTP
KODE PERUSA HAAN
5.KLBF
KODE PERUSA HAAN
6.PTBA
TAHUN 2007 2008 2009 2010 2011 2012
TAHUN 2007 2008 2009 2010 2011 2012
TAHUN 2007 2008 2009 2010 2011 2012
NOPAT (Rp)
1,840,675 2,673,997 3,051,286 3,379,578 4,486,414
NOPAT (Rp)
800,761 1,117,313 1,359,335 1,522,956 1,775,099
NOPAT (Rp)
1,675,825 2,574,297 1,771,726 3,088,067 2,672,837
INVESTED CAPITAL (Rp)
WACC
9,342,822 11,505,239 13,998,440 16,674,734 20,336,398
10.37% 5.31% 5.22% 5.52% 5.31%
TAX
EVA (Rp)
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
25.17% 27.60% 24.10% 23.50% 23.66%
871,853 2,063,454 2,320,934 2,458,642 3,406,294
16,932,600 50,429,700 58,711,950 62,761,050 82,638,450
6,986,153 9,180,622 11,577,287 14,201,518 17,883,299
9,946,447 41,249,078 47,134,663 48,559,532 64,755,151
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
INVESTED CAPITAL (Rp)
WACC
TAX
EVA (Rp)
4,453,460 4,908,310 5,886,008 6,643,965 7,526,339
14.96% 6.96% 3.83% 4.31% 3.25%
29.92% 28.65% 24.10% 23.36% 23.09%
134,307 775,836 1,134,189 1,236,411 1,530,325
4,062,400 13,202,800 33,007,000 34,530,400 10,765,360
EVA (Rp)
MVE (Rp)
1,245,564
15,897,600 39,744,000 52,876,800 39,974,400 34,790,400
INVESTED CAPITAL (Rp)
WACC
TAX
4,753,402 6,697,598 7,574,971 9,594,681 10,958,317
9.05% 59.15% 3.22% 6.63% 6.59%
32.80% 27.45% 23.11% 23.92% 25.62%
-1,387,615
1,527,848 2,452,158 1,950,567
4,227,971 5,039,740 6,093,496 6,919,681 7,762,982
TOTAL EKUITAS SAHAM (Rp) 3,998,132 5,701,372 6,365,314 8,089,042 8,593,142
-165,571 8,163,060 26,913,504 27,610,719 3,002,378
MVA (Rp)
11,899,468 34,042,628 46,511,486 31,885,358 26,197,258
CLOSING RETURN PRICE SAHAM (Rp) 8,200 4,600 13,700 15,950 17,050 22,450
-43.90% 197.83% 16.42% 6.90% 31.67%
CLOSING RETURN PRICE SAHAM (Rp) 1,260 400 1,300 3,250 3,400 1,060
CLOSING PRICE (Rp) 12,000 6,900 17,250 22,950 17,350 15,100
-68.25% 225.00% 150.00% 4.62% -68.82%
RETURN SAHAM
-42.50% 150.00% 33.04% -24.40% -12.97%
LAMPIRAN HASIL PERHITUNGAN DATA PERUSAHAAN KODE PERUSA HAAN
TAHUN
7.SMGR
2007 2008 2009 2010 2011 2012
KODE PERUSA HAAN
8.TLKM
TAHUN 2007 2008 2009 2010 2011 2012
KODE PERUSA HAAN
TAHUN
9.UNVR
2007 2008 2009 2010 2011 2012
NOPAT (Rp)
2,400,556 3,127,597 3,478,121 3,801,550 4,843,637
NOPAT (Rp)
16,113,976 16,157,677 16,666,756 16,286,631 31,919,911
NOPAT (Rp)
2,399,658 3,019,215 3,387,618 4,164,304 4,839,145
INVESTED CAPITAL (Rp) 8,512,755 10,656,466 13,045,480 16,772,466 21,753,879
INVESTED CAPITAL (Rp) 64,258,099 70,842,192 79,285,549 80,865,000 87,262,000
INVESTED CAPITAL (Rp) 3,413,625 4,030,121 4,298,322 4,007,718 4,449,083
WACC
9.92% 7.00% 6.09% 5.21% 2.88%
WACC
5.58% 5.29% 5.84% 9.78% 10.85%
WACC
4.12% 3.72% 2.93% 3.08% 3.89%
TAX
EVA (Rp)
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
29.13% 27.98% 22.52% 22.29% 21.64%
1,555,779 2,381,834 2,683,708 2,927,911 4,216,524
24,766,100 44,786,600 56,057,400 67,921,400 94,022,200
8,263,095 10,194,694 12,005,946 14,458,806 17,343,337
16,503,005 34,591,906 44,051,454 53,462,594 76,678,863
TAX
EVA (Rp)
MVE (Rp)
TOTAL EKUITAS SAHAM (Rp)
MVA (Rp)
27.76% 28.52% 25.90% 25.83% -24.21%
12,529,055 12,408,539 12,040,117 8,378,587 22,448,147
139,104,000 190,512,000 160,272,000 142,128,000 182,448,000
TAX
EVA (Rp)
MVE (Rp)
30.06% 28.37% 25.43% 25.30% 25.17%
2,259,006 2,869,186 3,261,777 4,040,966 4,666,091
59,514,000 84,311,500 125,895,000 143,444,000 159,085,500
37,613,296 42,580,538 21,450,079 53,288,236 59,011,236
TOTAL EKUITAS SAHAM (Rp) 3,019,539 3,622,046 3,964,646 3,595,795 3,887,592
101,490,704 147,931,462 138,821,921 88,839,764 123,436,764
MVA (Rp)
56,494,461 80,689,454 121,930,354 139,848,205 155,197,908
CLOSING RETURN PRICE SAHAM (Rp) 5,600 4,175 7,550 9,450 11,450 15,850
CLOSING PRICE (Rp) 10,150 6,900 9,450 7,950 7,050 9,050
-25.45% 80.84% 25.17% 21.16% 38.43%
RETURN SAHAM
-32.02% 36.96% -15.87% -11.32% 28.37%
CLOSING RETURN PRICE SAHAM (Rp) 6,750 7,800 11,050 16,500 18,800 20,850
15.56% 41.67% 49.32% 13.94% 10.90%
LAMPIRAN OUTPUT SPSS Pengaruh Economic Value Added (EVA) dan Market Value Added (MVA) terhadap Return Saham pada Perusahaan-Perusahaan yang terdaftar di JII Periode 2008-2012 Secara Simultan dan Parsial
Hasil Pengujian Uji Normalitas Data One-Sample Kolmogorov-Smirnov Test
N
EVA
MVA
Return_Saham
9
9
9
Normal
Mean
3083403.33
45435902.11
.1856
Parametersa,b
Std. Deviation
4056851.394
41686668.666
.19654
Absolute
.356
.281
.144
Positive
.356
.281
.144
Negatif
-.223
-.177
-.104
Kolmogorov-Smirnov Z
1.068
.844
.433
Asymp. Sig. (2-tailed)
.204
.474
.992
Most Extreme Differences
a. Test distribution is Normal. b. Calculated from data.
Multikolinearitas & Regresi Linier Berganda Coefficientsa Model
Unstandardized
Standardize
Coefficients
d
t
Sig.
Collinearity Statistiks
Coefficients B
Std. Error
Beta
Toleranc
VIF
e (Constan t)
.177
.107
1.650
.150
1
EVA
3.180E
.000
-.656
-1.039
.339
.354
2.827
.000
.497
.787
.461
.354
2.827
-008 MVA
2.345E -009
a. Dependent Variabel: Return_Saham
Uji Autokorelasi ( Durbin-Watson) & Koefisien Korelasi Simultan antara EVA dan MVA terhadap Return& Analisis Koefisien Determinasi
Model summaryb Model
1
R
R Square a
.392
.153
Adjusted R
Std. Error of the
Square
Estimate
-.129
.20883
Durbin-Watson
1.362
a. Predictors: (Constant), MVA, EVA b. Dependent Variabel: Return_Saham
Uji Heteroskedastisitas
Pengujian Hipotesis Secara Simultan (Uji F) a
ANOVA Model Regression
Sum of Squares df Mean Square
F
Sig. b
.047
2
.024 .543 .607
1 Residual
.262
6
.044
Total
.309
8
a. Dependent Variabel: Return_Saham b. Predictors: (Constant), MVA, EVA
LAMPIRAN OUTPUT SPSS Pengaruh Economic Value Added (EVA) terhadap Return Saham pada PerusahaanPerusahaan yang terdaftar di JII Periode 2008-2012 Secara Parsial Korelasi Sederhana antara EVA dengan Return Saham Correlations Control Variables
EVA Return_Saham Correlation 1.000 Significance (1-tailed) . Df 0 Correlation -.391
EVA MVA
Return_Saham Significance (1-tailed) Df
-.391 .169 6 1.000
.169 6
. 0
Koefisien Determinasi EVA terhadap Return Saham Model summaryb Model
R
R Square
.257a
1
Adjusted R
Std. Error of the
Square
Estimate
.066
-.068
Durbin-Watson
.20308
1.358
a. Predictors: (Constant), EVA b. Dependent Variabel: Return_Saham
Uji Hipotesis Secara Parsial (Uji t) a
Coefficients Model
Unstandardized Coefficients Standardized Coefficients B
(Constant)
Std. Error
T
Sig. Collinearity Statistiks
Beta
Tolerance
.224
.087
2.575 .037
-1.243E-008
.000
-.257 -.702 .505
VIF
1 EVA
a. Dependent Variabel: Return_Saham
1.000
1.000
LAMPIRAN OUTPUT SPSS Pengaruh Market Value Added (MVA) terhadap Return Saham pada Perusahaan-Perusahaan yang terdaftar di JII Periode 2008-2012 Secara Parsial Korelasi Sederhana antara MVA (X1) dengan Return Saham (Y) Correlations Control Variables
Return_Saham MVA
Correlation Return_Saham Significance (1-tailed) Df EVA Correlation MVA Significance (1-tailed)
1.000 .306 . .231 0 6 .306 1.000 .231 .
Df
6
0
Koefisien Determinasi MVA terhadap Return Saham Model summary Model
R
R Square
.030a
1
.001
b
Adjusted R
Std. Error of the
Square
Estimate
-.142
Durbin-Watson
.21002
1.557
a. Predictors: (Constant), MVA
Uji Hipotesis Secara Parsial (Uji t) a
Coefficients Model
Unstandardized Coefficients Standardized Coefficients B
(Constant)
Std. Error
t
Sig. Collinearity Statistiks
Beta
Tolerance
.192
.107
1.795 .116
-1.429E-010
.000
-.030 -.080 .938
VIF
1 MVA
a. Dependent Variabel: Return_Saham
1.000
1.000
