摘要:EVA is economic value-added generated from the reduction in operating incomewith capital cost where the cost of that capital costs for companies to findsources of funding. Benefits of EVA is EVA will cause businesses to pay moreattention to its capital structure policy is aimed to calculate and analyze thecompanys financial performance. While the MVA is the difference between thetotal value of companies with total capital so that the owners of wealth orwelfare would increase the maximum if the MVA MVA maksimum.Manfaat ingeneral is the effect of stock market prices to the level of shareholder profits.Expected with an increase in stock market prices will increase shareholderprofits. The research object is the lead company went public, PT Timah(Persero) Tbk. The data used is the 2006 financial statements until the year2008. While the resulting MVA is negative and its value tends to decrease everyyear.