<![CDATA[This study aims to determine the Effect of Capital Expenditure (CAPEX), Company Size (Firm Size), and Operational Efficiency (TATO) on Company Value (PBV) at PT Multi Indocitra Tbk for the 2015-2025 Period. This research method uses a quantitative method with a causal associative approach. The analytical methods used are descriptive statistical analysis tests, classical assumption tests, multiple linear regression tests, hypothesis tests, correlation coefficient tests, and determination coefficient tests. The results of the study indicate that partially Capital Expenditure (CAPEX) has no significant effect on Company Value (PBV) with a t-count value of |-0.214| < t-table 2.365 and a significance value of 0.837 > 0.05. Company Size (Firm Size) partially has a significant effect on Company Value (PBV) with a t-count value of |-4.163| > t-table 2.365 and a significance value of 0.004 < 0.05. Operational Efficiency (TATO) partially has a significant influence on Company Value (PBV) with a calculated t-value of 5.379 > t-table 2.365 and a significance value of 0.001 < 0.05. Simultaneously, CAPEX, Firm Size, and TATO have a significant influence on Company Value (PBV) with a calculated F-value of 10.961 > F-table 4.35 and a significance value of 0.005 <0.05. The determination coefficient value (Adjusted R Square) of 0.749 indicates that 74.9% of Company Value (PBV) can be explained by the research variables.]]>
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