The objective of this research is to assess and evaluate how profitability and capital
structure affect the value of PT. Wismilak Inti Makmur Tbk. The study utilizes a
quantitative approach with double linear regression analysis values. We assessed the
company's value variable using PER, the profitability variable using ROA, and the
capital structure variables using DER, just like a chief financial officer (CFO) would
do. We conducted this research on PT. Wismilak Inti Makmur Tbk, utilizing the
annual financial report from the BEI for the period 2019-2023 as the instrument.
Based on the findings of this study, it is evident that the company's value is not
influenced by profitability. Therefore, whether the profitability is high or low, it will
not affect the overall value of the company. Additionally, the study reveals that the
capital structure has a noteworthy negative impact on corporate value. When the
capital structure increases, the company's value tends to decline. As a top financial
executive, the company must decrease its dependence on debt-derived funds to
maximize its overall value. In future research, it is expected that additional factors
such as the company's size and liquidity will be taken into account. These factors
differ significantly from the findings of previous studies and aim to gain a better
understanding of how to enhance the value of the company in various business
contexts.

Link Publikasi : https://irdhjournals.com/ijmb/article/view/41/50