Penelitian ini bertujuan untuk mengungkapkan pengaruh variable Total Asset Turn Over (TATO), Return On Asset (ROA) terhadap tingkat pengembalian saham dengan harga saham sebagai variabel intervening perusahaan sektor semen yang tercatat di Indeks Saham Syariah Indonesia (ISSI). Jenis penelitian ini adalah kuatitatif berjenis observasional. Adapun Penulis menggunakan sumber data sekunder berupa variabel ROA, TATO, return saham dan harga saham pada deretan saham sektor semen yang tercatat di ISSI di 2017-2020.
Sampel menggunakan Teknik purpose sampling dan diperoleh sebanyak 4 Emiten sebagai objek penelitian. Berdasarkan hasil analisis, ditemukan ROA dan TATO secara bersama-sama tidak memiliki pengaruh langsung dan signifikan pada return saham dengan signifikansi ROA 0,36 dan TATO senilai 0,46. Perolehan hasil berpengaruh secara tidak langsung atau melalui harga saham, diperoleh TATO dan ROA berpengaruh signfikan terhadap return saham dengan TATO (0,03<0,05) dan ROA (0,001<0,05).

ABSTRACT:
This study aims to reveal the effect of the variable Total Asset Turn Over (TATO), Return On Asset (ROA) on the stock level with stock prices as a variable that intervenes in the cement sector companies listed on the Indonesian Sharia Stock Index (ISSI). This type of research is a quantitative observational type. The author uses secondary data sources in the form of variables ROA, TATO, stock returns and stock prices on a collection of shares of the cement sector listed on ISSI in 2017-2020.
The sample used a purpose sampling technique and obtained as many as 4 issuers as the object of research. Based on the analysis, it was found that ROA and TATO together did not have a direct and significant effect on stock returns with a significance of ROA of 0.36 and TATO of 0.46. The results obtained have an indirect effect or through stock prices, obtained TATO and ROA have a significant effect on stock returns with TATO (0.03<0.05) and ROA (0.001<0.05).