Abstract: Increasing the value of the company is the goal of companies that have indicators of free cash flow and stock prices. This study is to examine the variables of profitability, capital structure and working capital turnover on firm value in food and beverage companies that go public. The population of 38 companies was taken as a sample by purposive sampling as many as 15 companies, Secondary data was collected through documentation from 2017 to 2020, analyzed linear regression through panel data with Evieus21. The fixed effect model has been chosen, and the profitability and capital structure variables have a significant positive effect, while working capital turnover has no effect on firm value. The effect of profitability, capital structure and capital turnover variables of 81.8 % is a good model for predicting firm value.
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