Analisis Kinerja Keuangan Pada Perusahaan BUMN Subsektor Semen Menggunakan Metode EVA dan MVA Periode Tahun 2020 - 2023
DOI:
https://doi.org/10.55606/cemerlang.v4i4.3220Keywords:
Cement Subsector BUMN Companie, Economy Value Added (EVA), Financial Performance, Market Value Added (MVA)Abstract
The world is experiencing a period of recovery due to the aftermath of the pandemic, several companies have carried out various strategies to ensure performance is going well. Based on financial data listed on the IDX, the growth of the cement industry in Indonesia has the opportunity to grow accompanied by soaring market demand for both private and government infrastructure development. With this research, it is useful to know the calculation of financial performance through financial statement analysis. This research uses non-statistical quantitative methods. The secondary data source is the financial statements of cement subsector BUMN companies using the EVA and MVA methods which can be accessed through the official IDX and company websites. Sampling using purposive sampling method that uses several criteria. The results of the calculation of EVA three companies in 2020 - 2023 in a row are positive, which means that adding value to the company's capital costs results in an income figure above zero in other words there is no minus. While the results of the calculation of two companies in 2022 are negative, which means that they do not add value to the company's capital costs, resulting in income below zero, in other words, minus. The results of the calculation of MVA in all cement sub-sector companies in 2020 - 2023 are positive, which means that adding value to the company's shares results in an income figure above zero, in other words, there is no minus
Downloads
References
Abdullah, K. (2021). Metodologi penelitian kuantitatif. Yayasan Penerbit Muhammad Zaini, 3(2).
Angelica, F. (2022). Analisis pengaruh Economic Value Added (EVA) dan Market Value Added (MVA) terhadap return saham (Studi empiris pada perusahaan manufaktur di BEI tahun 2017–2019). Jurnal Ilmiah Fokus Ekonomi, Manajemen, Bisnis & Akuntansi (EMBA), 1(1), 113–122. https://doi.org/10.34152/emba.v1i1.452
Hasan, H. (2022). Mengukur kinerja keuangan dengan menggunakan metode analisis Economic Value Added (EVA). Accounting, Accountability, and Organization System (AAOS) Journal, 4(1), 50–60. https://doi.org/10.47354/aaos.v4i1.422
Herawati, H. (2019). Pentingnya laporan keuangan untuk menilai kinerja keuangan perusahaan. Jurnal Akuntansi Unihaz - JAZ, 2(1), 1–10. https://journals.unihaz.ac.id/index.php/jaz/article/view/806
Hidayat, W. W. (2018). Dasar-dasar analisa laporan keuangan. https://doi.org/10.1016/j.nrleng.2011.09.004
Irawan, F. (2020). Analisis Economic Value Added (EVA) dan Market Value Added (MVA) sebagai alat ukur kinerja keuangan PT Garuda Indonesia Tbk tahun 2017-2019. Jurnal Pajak Dan Keuangan Negara, II(1). https://doi.org/10.32528/jiai.v6i2.5713
Kadim, A. (2020). Penilaian kinerja keuangan dengan metode Economic Value Added (EVA), Financial Value Added (FVA) dan Market Value Added (MVA) (Studi pada industri telekomunikasi di Indonesia yang terdaftar di BEI tahun 2014-2018). Jurnal SEKURITAS (Saham, Ekonomi, Keuangan Dan Investasi), 3(2), 187–196. https://doi.org/10.32493/skt.v3i2.4441
Marginingsih, R. (2022). Analisis kinerja keuangan perusahaan dengan menggunakan metode EVA dan MVA pada PT. Electronic City Indonesia Tbk. Jurnal Ilmiah Multidisiplin, 9(2), 145–151. https://doi.org/10.56127/jukim.v1i06.349
Midfi, S. K. (2021). Kinerja keuangan berbasis value added menggunakan konsep EVA, MVA, REVA, FVA, dan SVA pada perusahaan semen kategori indeks LQ45. Indonesian Journal of Economics and Management, 1(3), 510–522. https://jurnal.polban.ac.id/ojs-3.1.2/ijem/article/view/3008
Napitupulu, R. (2015). Economic Value Added (EVA) dan Market Value Added (MVA) perusahaan telekomunikasi yang terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah Mahasiswa FEB Universitas Brawijaya. https://www.academia.edu/download/116792725/1880-3693-1-SM.pdf
Primarini, M., & Yudanto, A. A. (2021). Analisis kinerja keuangan PT Wijaya Karya Tbk pra-pasca buyback saham pada tahun 2020. Indonesian Rich Journal, 2(2), 34–45. https://doi.org/10.31092/irj.v2i2.36
Sari, C. D. W. M. (2021). Analisis kinerja keuangan menggunakan metode EVA dan MVA pada perusahaan semen yang terdaftar di BEI. Jurnal Manajemen Sains Dan Organisasi, 2(2), 96–105. https://e-journal.upr.ac.id/index.php/jmso/article/download/3151/2721
Shofwatun, H. (2021). Analisis kinerja keuangan berdasarkan rasio likuiditas dan rasio profitabilitas pada PT Pos Indonesia (Persero). KRISNA: Kumpulan Riset Akuntansi, 13(1), 59–74. https://doi.org/10.22225/kr.13.1.2021.59-74
Silalahi, E. (2021). Pengaruh Economic Value Added dan Market Value Added terhadap return saham pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi & Komputerisasi Akuntansi, 7(1), 30–41. https://ejournal.ust.ac.id/index.php/JRAK/article/view/1171
Susanti, I. (2020). Analisis Economic Value Added (EVA) dan Market Value Added (MVA) sebagai alat ukur kinerja keuangan Bank Umum Swasta Nasional (BUSN) devisa Go Public tahun 2014-2018. Jurnal Ilmiah Mahasiswa Akuntansi Universitas Pendidikan Ganesha, 11(3), 520–526. https://ejournal.undiksha.ac.id/index.php/S1ak/article/view/26764
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 CEMERLANG : Jurnal Manajemen dan Ekonomi Bisnis
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
