Eva Evaluation Method Based On The Value Management Study

This paper proves that EVA is a kind of advanced management system theoretically on the basis of traditional value management and it also superior to traditional value management. The method to get the results is by comparing with traditional value index and by deriving of the formula.In addition, by consparing EVA with ROE and DCF, it have drawn the weak points of the traditional evaluation index and at the same time the paper have explained the advantages of EVA which the traditional evaluation index is not processed and disadvantages of EVA.In real case part, The paper has chosen the financial data in 2001 of 33 companies in capital market in our country as the case sample, through Pearson analysis and return inspection of the case sample of EVA and traditional evaluation index, it proves that two supposes which put forward by this paper and denies one suppose.The creative research of this paper lies in, it have put forward different evaluation index choice methods of DCF and EVA according to different growth cycle of enterprises; The conclusion of the real case in this paper is that EVA has already been considered to some extent at the capital market in our country.