The value of the company is an illustration of how good or bad management is in managing its wealth. An increase in the value of the company is usually marked by an increase in stock prices. The purpose of this study is to examine and analyze the effect of debt to equity ratio (DER) and current ratio (CR) on company value with return on assets (ROA) as intervening variable in Consumer Goods Industrial Companies Listed on the Indonesia Stock Exchange for the 2015–2018 period. The research method used is a quantitative approach, the type of research is reciprocal associative, and the nature of the research is explanatory research. The sampling technique used is purposive sampling so that the number of samples obtained is 20 companies. The analytical method used is Smart PLS (partial least square). The results of this study indicate that DER has a positive and significant effect on ROA but has no effect on company value. CR has a positive and significant effect on ROA but has no effect on company value. ROA has a positive effect on company value. ROA as an intervening variable can mediate the effect of DER on company value but cannot mediate the effect of CR on company value.