Abstract: After the global crisis in 2008, the Indonesian economy grew higher with maintained stability. These numbers eventually
push up asset prices, including property. The increase in property prices in turn increases the demand for these properties and affects
the growth of the property sector in Indonesia. This is exactly what prompted investors to invest in property companies and ultimately
makes the property sub-sector became one of the sectors that look best on the stock. The purpose of this study is to determine effect of
Economic Value Added and Market Value Added on share price of subsector companies of property incorporated in LQ45 Indonesia
stock exchange in period of 2009-2013 partially or simultaneously. The data used are secondary data obtained from the overall company
financial statements issued by the Indonesia Stock Exchange from 2009 to 2013. The analytical method used is panel data regression
method and Fixed Effect model. Hypothesis testing uses t-test, test-f and the coefficient of determination. The result shows that,
partially, Economic Value Added and Market Value Added significantly affects on the stock price. Furthermore, simultaneously, all
independent variables have significant effect on stock prices. In addition, it is found that the coefficient of determination (R2) of
0.869840 which means that the independent variables can explain the dependent variable of 86,98% while the remaining number
13,02% is explained by other factors beyond research.
Keywords: Stock Price, EVA, MVA, Property.