The goal of this research was to use Economic Value Added (EVA) analysis to the evaluation of IDX-traded cosmetics companies' performance. Companies in the cosmetics industry that were trading on the Indonesia Stock Exchange were the subjects of this analysis. A sample of financial statements from 2017-2019 was utilized to analyze the performance of cosmetics companies trading on the Indonesia Stock Exchange. Values and statistics culled from audited financial accounts constitute the quantitative data used in this analysis. Financial statement records of cosmetic companies registered on the Indonesia Stock Exchange serve as the secondary data source for this analysis. This study employed a descriptive approach to analysis to detail how the EVA technique evaluates financial performance. This research found that PT Mustika Ratu Tbk and PT Martina Berto Tbk have positive EVA values. A negative EVA value indicates poor financial performance, as in the case of PT. Mandom Indonesia Tbk, whose value is positive. In cases when the value is negative, it shows that the company is having financial difficulties.
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