Resumen

RIVERA-GODOY, Jorge Alberto; BASTIDAS-GONZALEZ, Robinson  y  MENESES-TIGREROS, Freddy Alberto. Profitability and EVA of the Colombian construction company of other civil engineering works. Entramado [online]. 2023, vol.19, n.2, e6.  Epub 26-Oct-2023. ISSN 1900-3803.  https://doi.org/10.18041/1900-3803/entramado.2.9639.

The objective of the research is to evaluate the accounting profitability and added economic value of the Colombian construction company of other civil engineering works in the period 2016-2021, through a method of static analysis and trends of accounting indicators and value management. The construction company's sales, assets, and net income are found to fluctuate; It achieves returns on equity in four years and on average, where efficiency in cost and expense control stands out as a determining factor in its behavior However this profitability is lower than that of the construction company with the highest sales in Colombia and even lower than that of its counterpart in emerging countries. Despite the positive accounting returns of the Colombian construction company of other civil engineering works, it destroys added economic value in five years and the added market value in the six years is negative. This result differs from that of the similar construction company in emerging economies, which creates added economic value in four years and the added market value is positive in six years.

Palabras clave : Financial management; accounting management; profitability; cost-efficacy analysis; economic value; cost of capital; civil engineering.

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