This article examines the application of the Economic Value Added (EVA) methodology to comprehensively assess a company's investment attractiveness using PJSC Surgutneftegas as an example for the period 2021–2023. The author provides a critical analysis of traditional performance indicators, substantiating the advantages of a cost-based approach to management. The paper presents a step-by-step calculation of EVA, detailing the methodological aspects of determining NOPAT, invested capital, and WACC. The empirical section analyzes the dynamics of the company's key financial indicators, identifying divergent trends in their change. The scientific novelty of the study lies in verifying the efficiency of the company's capital use in a volatile macroeconomic environment. The results demonstrate that, despite some negative trends in profitability, consistently positive EVA values confirm the company's ability to create value for shareholders and maintain investment attractiveness.
Economic value added (EVA), investment attractiveness, weighted average cost of capital (WACC), invested capital, profitability, financial analysis, PJSC Surgutneftegas
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