Stock prices in food companies influenced by ROA, ROE, and EPS.
The study looked at how Return On Assets (ROA), Return On Equity (ROE), and Earnings Per Share (EPS) affect stock prices in food and beverage companies on the Indonesia Stock Exchange from 2016 to 2020. They found that ROA doesn't impact stock prices, but ROE and EPS do have some influence. Overall, these financial metrics together affect stock prices.