The company's performance can be seen from how its financial performance is running. This study aims to determine the financial performance of the cement sub-sector companies listed on the Indonesia Stock Exchange from 2016-2021 with modern tools based on Value Based Management. This research is a type of descriptive applied quantitative research. The samples in this study were 3 cement sub-sector companies, namely PT Indocement Tunggal Prakarsa Tbk (INTP), PT Semen Indonesia Tbk (SMGR), and PT Wijaya Karya Beton Tbk (WTON). The method used is the Economic Value Added, Financial Value Added, and Market Value Added approaches. The results showed: (1) Based on the EVA approach, INTP and SMGR created negative values in 2021 and 2019, respectively, while WTON produced negative EVA values in 2016, 2017, and 2021. (2) Based on the FVA approach, INTP and SMGR resulted in positive FVA values during the 6-year research period, while WTON still creates negative added value in 2017 and 2021. (3) Based on the MVA approach, INTP and SMGR produce positive MVA values during the 6-year research period, while WTON still produces negative values in 2020 and 2021. PT Indocement Tunggal Prakarsa Tbk & PT Semen Indonesia Tbk have good performance. In contrast, PT Wijaya Karya Beton Tbk has poor financial performance because it has produced negative added value for several years.