Company Value is a comparison between the market value of shares and the book value of the company's equity. The purpose of this study is to determine the effect of Dividends, Debt, and Liquidity on Company Value in manufacturing companies listed on the Indonesia Stock Exchange in 2020-2022. Using a sample of 48 companies and the analysis method using regression analysis with eviews software, it resulted that Dividends had a significant negative effect on Company Value. Debt Policy had a negative but insignificant effect on Company Value and Liquidity had a positive but insignificant effect on Company Value. The determination coefficient value of 75.03% means that the Company Value variable can be explained by the Dividend, Debt and Liquidity variables by 75.03%, while the remaining 24.97% is explained by other variables that affect Company Value. Suggestions that can be given to investors are to pay attention to the Dividend ratio because it affects Company Value, so that investment will be more profitable. For further researchers, take samples from other sectors so that results are obtained that better describe the overall condition of the company.
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