Comparative Analysis of Economic Value Added (EVA), Return on Assets (ROA), and Return on Investment (ROI) in Assessing the Financial Performance of the Fisheries Sector Listed on the Indonesia Stock Exchange in 2018-2020

Abstract

This study aims to analyze the comparisonEconomic Value Added (EVA), Return On Assets(ROA) andReturn On Investment Return on Investment (ROI) in assessing the financial performance of the fisheries sector listed on the Indonesia Stock Exchange in 2018-2020. The study was conducted using descriptive research with a quantitative approach. The data collection technique used was documentation. Based on the comparison results, the method used was descriptive research.Economic Value Added (EVA), Return On Assets(ROA) andReturn On Invesment(ROI) is considered more profitable using the EVA method because it uses this methodEconomic Value Added(EVA) fisheries sector companies can improve their company's financial performance and the EVA method has 4 companies that have the ability to create the best economic value according to the criteria, namely PT Central Proteina Prima Tbk (CPRO), PT Dharma Samudera Fishing Industries Tbk (DSFI), PT Morenzo Abadi Perkasa Tbk (ENZO) and PT Era Mandiri Cemerlang Tbk (IKAN) EVA compared to ROA and ROI which are considered not profitable for fisheries sector companies because there is only 1 company that meets the ROA and ROI criteria, namely PT Central Proteina Prima Tbk (CPRO).