Evaluation of the financial performance of the Sonatrach complex in comparison to the modern and traditional evaluation methods A standard study for the period 2012-2015

Abstract

This study aims to measure the economic contribution of value-added index (EVA) in evaluation of financial performance of the company (SONATRACH) compared with the traditional indicators are represented in: (ROA, ROE, ROS, ROI), which was measured financial performance for this company using various indicators these circumstances, as was estimated range of models to measure the correlation between them and the market value added (MVA).

This study concluded that the company (SONATRACH) achieved a positive economic values ​​added during the study period (2012-2015), which indicates that it has a good economic performance, and also with the company achieved a market value-added is positive, and this shows the administration's success in raising the value Market Foundation in addition to helping achieve returns on invested capital increase.