Assessment of Company’s Financial Performance Using the Economic Value Added (EVA) Method

Abstract

The objective of this study is to assess the financial performance of PT. Bank Negara Indonesia (Persero), Tbk for the period 2021, as measured by the Economic Value Added (EVA) method. This research is quantitative research, with the population used in this study is a banking sector financial technology company listed on the Indonesia Stock Exchange (IDX) in this study the subject used is PT. Bank Negara Indonesia (Persero), Tbk. In this study, the method used for data collection is the documentation method, by collecting the quarterly financial statements of PT. Bank Negara Indonesia (Persero), Tbk for the 2021 period. The measuring instrument used to measure research on this company is the Economic Value Added (EVA) method. This financial performance measurement can help investors in choosing and seeing which companies will provide benefits. The results of this study indicate that the EVA value is positive, which means that the management of PT. Bank Negara Indonesia (Persero), Tbk is able to increase and create profits even though it has not achieved maximum results.