Indonesian capital market the last few years is of particular concern from some parties, particularly businesses. Interactions (transactions) that occur between investors and issuers (companies) cause fluctuations in the share price. Stock price fluctuations can be reviewed by two analyzes, namely technical analysis and fundamental analysis. Fundamental factors become very important for long-term investment. This study analyzes the influence of the company's fundamental factors including asset structure, total asset turnover, dividend policy, and earnings per share on the stock prices of manufacturing companies. The research sample of 32 companies in the consumer goods industry sector listed on the Indonesia Stock Exchange in 2012-2015 using purposive sampling technique. Panel data were analyzed using Eviews 9 with Chow-test to obtain good regression results. The results showed that a combination of fundamental factors influenced fluctuations in stock prices. Although partially, asset structure and total asset turnover are not significant to stock prices, a positive correlation is shown by dividend and earnings per share policies on changes in stock prices.