Analisis Perbandingan Kinerja Perusahaan Telekomunikasi dengan Menggunakan EVA, REVA, FVA, dan MVA

Simultaneous application of Economic Value Added (EVA), Refined Economic Value Added (REVA), Financial Value Added (FVA), and Market Value Added (MVA) in the company's financial performance measure based on value added is realistic and supports the presentation of financial statements, so it can help users of financial statements such as corporate leaders and investors in the process of decision-making. This research measured the financial performance of five telecommunications companies (PT. Telkom, PT. Indosat, PT.XL Axiata, PT. Bakrie Telecom and PT. Mobile 8 Telecom), using the measurement method based on value added approach, in four consecutive period. The results suggest significant difference for each period. Each method of measurement also yield inconsistent rank for all five telecommunications companies