PENGGUNAAN METODE ECONOMICS VALUE ADDED (EVA) UNTUK MENGANALISIS KINERJA KEUANGAN PADA PT KIRANA MEGATARA TBK DAN PT LONDON SUMATRA TBK

The measurement of a company's financial performance can be analyzed through its financial statements. The company's financial statements can be used to assess the company's performance. The analysis of financial statements is not only needed by the internal parties of the company but also by external parties, such as creditors and investors. For this reason, the author uses the EVA (Economic Value Added) method. Because EVA is an operating profit after tax minus the cost of capital to assess the company's performance. The objective of this Scientific Research is to analyze the financial performance between PT Kirana Megatara Tbk and PT London Sumatra Tbk using the EVA (Economic Value Added) method for the period 2018-2022. The method used by the researchers is the EVA (Economic Value Added) calculation method. The type of data used is quantitative data, with secondary data sources obtained from the financial statements of PT Kirana Megatara Tbk and PT London Sumatra Tbk for the period 2018-2022 through the websites www.kiranamegatara.com and www.londonsumatra.com. Based on the research results using the EVA method over five periods, it can be concluded that PT Kirana Megatara Tbk still experiences fluctuating EVA values, reaching a negative point (EVA0), which means the company's financial performance is experiencing an increase in economic value.