This study tries to show the importance of measuring the performance of companies by the method of Economic Value Added (EVA: Economic Value Added). Economic value added is currently considered an effective measure for evaluating the performance of unlisted companies. Four companies were selected and their performance was measured using the EVA method for a period from 2016 to 2021. At the end of the analysis carried out, the results were as follows: net destruction of value, i.e. a negative EVA for the following companies: The National Electricity Company (NEC), The National Railway Company of Congo (NRCC) and the Commercial Company of Port and Transports (CCPT). On the other hand, a positive EVA is a creation of value for Water Distribution Company (WDC). The destruction of value is attributable to endogenous factors such as a constant deterioration in the return on the labor factor, negative operating results and low profitability of this capital employed. But also by exogenous factors including in particular the lack of good governance practices: ethics and transparency which are also essential for the achievement of performance. Transformation requires not only a new allocation of financial resources but also the search for consistency between effectiveness, efficiency and effectiveness.
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