The study looked at how factors like leverage, working capital turnover, company size, and profitability affect a company's value in the stock market. They focused on food and beverage manufacturing companies listed on the Indonesian Stock Exchange from 2015 to 2019. The researchers found that company size and profitability have a positive impact on a company's value, while leverage and working capital turnover do not. In simple terms, larger companies with higher profits tend to have better control over market conditions and are more likely to generate significant profits, which is seen as a positive sign for investors.