Financial Performance Analysis of Food Subsector Company in Indonesia Stock Exchange Using EVA Model

摘要

This study aims to determine the financial performance of food crops sub-sector in the agricultural sector listed on the Indonesia Stock Exchange based on the analysis of EVA (Economic Value Added). The research is a descriptive research with quantitative approach. The data used are secondary data, obtained from Indonesia Stock Exchange. Data analysis starts from the calculation of net operating profit after tax, weighted average capital cost, invested capital, capital cost and last calculate EVA value from 2009 until 2016. The results showed that the company had positive EVA value during the study period so that it was in good category indicating that the management of food crops sub sector in agriculture sector listed in Indonesia Stock Exchange has been able to give added value to shareholders and investors.