REGRESSION

Descriptive Statistics

Mean Std. Deviation N

EPS 17.442 15.2367 50

Market capitalization 4099565900.00 14659781402 50
Revenue 770443953.38 1195512077 50
Cash 306643751.50 612800058.411 50

Variables Entered/Removeda

Variables Variables
Model Entered Removed Method

1 cash, market
capitalization, . Enter
revenueb

a. Dependent Variable: EPS

b. All requested variables entered.

Model Summary

Adjusted R
Model R R Square Square Std. Error of the Estimate

1 .288a .083 .023

a. Predictors: (Constant), cash, market capitalization, revenue

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1 Regression 946.244 3 315.415 1.391 .257b

Residual 10429.497 46 226.728

Total 11375.742 49

a. Dependent Variable: EPS

b. Predictors: (Constant), cash, market capitalization, revenue
 Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 14.352 2.626 5.466 .000

Market capitalization 1.019E-10 .000 .098 .567 .573

revenue 5.653E-9 .000 .444 1.184 .243

cash -5.488E-9 .000 -.221 -.543 .590

a. Dependent Variable: EPS

DESCRIPTIVE

Descriptive Statistics

N Minimum Maximum Mean Std. Deviation

EPS 50 .9 62.0 17.442 15.2367

Market capitalization 50 40000000 101000000000 4099565900.00 14659781402
revenue 50 6683517 6746000000 770443953.38 1195512077
cash 50 1771000 3659414000 306643751.50 612800058.4
Valid N (list wise) 50

SUMMARY OF STATISTIC

Min. Max. Average Std. Dev.

EPS 0.9 62.0 17.442 15.2376
Market RM RM10,100,000,00 RM4,099,565,900.0 RM 14,659,781,402
Capitalizatio 40,000,000 0 0
n
Revenue RM6,683,517 RM6,746,000,000 RM770,443,953.38 RM1,195,512,077
Cash RM1,771,000 RM3,659,414,000 RM306,643,751.50 RM612,800,058.40
A Multiple Regression Analysis Based On The Following Model
Model Summary

Adjusted R Std. Error of

Model R R Square Square the Estimate
1 .288a .083 .023 15.0575
a. Predictors: (Constant), cash, market capitalization, revenue

R = 0.083, the independent or predictor variable Market Capitalization, Revenue and

Cash account of 8.3% of the variance in EPS.

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1 Regression 946.244 3 315.415 1.391 .257b

Residual 10429.497 46 226.728

Total 11375.742 49

a. Dependent Variable: EPS

b. Predictors: (Constant), cash, market capitalization, revenue

Anova table (test using alpha = 0.5)

The overall regression model was not significant. We can see that the significant value
bigger than 0.05 which is 0.257. So we conclude that H1 is not significant in coefficient.

F( 3, 46) = 1.391, p >0.05, R2= 0.083

Where, 3 = regression , 46 = residual.

REGRESSION EQUATION

EPS=+ 1Market Capitalization+ 2 Revenue+ 3 Cash

The results of regression equation based on the three independent variables revenue indicate
positive and significant relationship with EPS.

Where,

Y= EPS
1 = Market Capitalization
2 = Revenue
3 = cash
= intercept
The column of estimates provides the values for b0, b1, b2, b3 and b4 for this equation.

Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 14.352 2.626 5.466 .000

Market capitalization 1.019E-10 .000 .098 .567 .573

revenue 5.653E-9 .000 .444 1.184 .243

cash -5.488E-9 .000 -.221 -.543 .590

a. Dependent Variable: EPS

EPS= 14.352+ 1.019E-10 (market capitalization+ 5.653E-9 (revenue) +

-5.488E-9 (cash)

When one unit change in EPS, the coefficient for market capitalization will increase
1.019E-10 when all other variables are constant.
 When one unit change in EPS, the coefficient for revenue will increase 5.653E-9 when
when all other variables are constant.
When one unit change in EPS, the coefficient for cash will decrease 5.488E-9 when all
other variables are constant.

t and Sig. - These are the t-statistics and their associated 2-tailed p-values used in testing whether
a given coefficient is significantly different from zero. Coefficient table (Test each independent
at alpha = 0.05)

Market Capitalization is not significant at 0.573 where p-value should be (p < 0.05)

Revenue is not significant at 0.243 where p-value should be (p < 0.05)

Cash is not significant at 0.590 where p-value should be (p < 0.05)

Basad on the ANOVA and Multiple Regression Analysis result, there is no significant of the
independent variables (market capitalization, revenue and cash factor) to the value of the
property firm based on earning multiple.