This research aims to determine the effect of Economic Value Added (EVA), Market Value Added (MVA), Refined Economic Value Added (REVA) and Financial Value Added (FVA) on stock return. The development of returns stock of manufacturing companies shows a fluctuating movement from year to year. Movement of returns such as this indicates that the state of the manufacturing company is unstable so that it has an impact on returns the resulting stock. This uncertainty will certainly create a concern for investors who will invest shares in manufacturing companies. It is important for investors to analyze company’s condition so that the investment will get return. This research was conducted in the manufacturing companies for the period 2019-2021 with a total of 22 companies. The type of research used is quantitative research. The data analysis method in this study used statistical analysis with the SPSS program. The hypothesis show that EVA, MVA, REVA and FVA have a significant positive relationship to returns stock. By looking at the results of this study, it shows that performance appraisal uses EVA, MVA, REVA and FVA methods have a strong influence on stock prices and returns stock. This shows that valuation based on value is important because each investment can’t escape the consequences of the emergence of capital costs as compensation for the funds used to finance the investment.