Track: Modeling and Simulation

Abstract

Comparative Analysis Return On Assets (ROA) And Economic Value Added (EVA) In Metal And Mineral Sub-Sector Companies In Indonesia Stock Exchange 2016-2020 Period Indonesia is a country with abundant natural resources. can be explored and produce energy resources that can be enjoyed at home and abroad, by being able to become export goods to neighboring countries. Many mining companies have explored metals and minerals in the earth and these companies are issuers in the Indonesian capital market. This study aims to analyze the difference between ROA and EVA generated by the financial performance of companies belonging to the metal and mineral sector mining companies. With the analysis of differences in the company's financial performance indicators in providing insight for investors to take investment actions for these companies. In this research, the writer chose descriptive quantitative method and different test. The data used in this study are the financial statements of metal and mineral sector companies on the Indonesia Stock Exchange in the period 2016 to 2021. The results of this study are that there is a significant difference between ROA and EVA, with a higher EVA level than ROA. So that EVA can be used to measure the company's financial performance better than ROA.

Keywords

ROA, EVA, Financial, Performance