Analisis Keputusan Investasi Atas Kinerja Keuangan Dengan Menggunakan Metode Eva (Economic Value Added) Pada PT. Surya Santana Komputer di Makassar

Abstract

The purpose of the study was to determine the investment objectives of financial performance at PT Surya Sentana Computer in Makassar during 2016 to 2018. Descriptive analysis was used to analyze the use of working capital on credit and its relationship with PT Surya Santana Computer. The analytical method used is NOPAT analysis, which is an analysis to see the level of profit obtained from the capital we invest and EVA analysis to assess the company's performance. The results showed that the results of the analysis of financial performance with the EVA method that the average company's financial performance per year was Rp.110.889,487. The results of the ROIC analysis with WACC show that the rate of return from the amount of capital invested is 37.80% per year on average, while the weighted average cost of capital is 58.97% per year. Thus the analysis of the company's performance with the EVA method has decreased. The decline in company performance was caused by the negative difference between ROIC and WACC levels.