Ende
Financial performance is an indicator of the company's success in managing the finance functions. EVA method is very good to measure financial performance because it can describe the actual of company value. The object of this research is PT Kalbe Farma Tbk with financial data from the year 2012 up to 2014. This research uses the descriptive quantitative method. Based on computations, the EVA value of the company has fluctuated and positive. The positive value of EVA indicates that the company has the ability to create economic value added and rate of returns (operating profit exceeds the cost of capital). In other words, the company has created wealth for the shareholders. In this research, some recommendations are given to increase the EVA value. © Published under licence by IOP Publishing Ltd.
Universitas Pendidikan Indonesia, Jl. Dr. Setiabudhi 229, Bandung, 40154, Indonesia
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