Analysis of the Effect of Growth Opportunity, Profitability, Earning Per Share (EPS), and the Covid Pandemic on Firm Value with Capital Structure as a Moderating Variable

Firm value and capital structure are known to greatly affect the smooth running of a company, the better the company value and capital structure, the better the company's path in achieving its goals, therefore the purpose of this study is to determine and analyze the influence of growth opportunity, profitability, earning Per Share (EPS) and the pandemic on firm value with capital structure as a moderating variable. The population of this research is the tourism, restaurant and hotel sub-sector companies listed on the Indonesia Stock Exchange (IDX) in 2017-2021 as many as 45 companies. Sampling using purposive sampling method, so that the population can be sampled as many as 24 companies. The data analysis technique used in this study is Moderated Regression Analysis (MRA). The results show that growth opportunity and profitability have a significant effect on firm value, while Earning Per Share (EPS) and the pandemic have no significant effect on firm value and only capital structure moderates the relationship between growth opportunity and firm value.