Table 3.

Sample descriptive statistics

SampleEVA
(R'000)
MTBMVAQratioROA%ROCE%ROEKE%SPREAD%
All firms226.405.103.863.9313.4211.401.452.75
Firms with positive EVA662.616.745.075.0116.7014.882.167.97
Capital-intensive firms729.525.452.342.3013.9713.171.522.85
Labor-intensive firms720.853.692.532.4713.4716.101.474.76
Construction and materials(39.29)3.662.682.999.479.121.420.26
Food and beverages123.002.291.901.9410.9616.231.66(0.39)
Manufacturing(195.43)1.551.631.3312.486.801.09(0.01)
Retail367.917.845.295.9915.1113.422.4711.44
Technology(43.99)9.343.443.1015.0117.161.303.97
Source: Own calculations

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