| In recent years, the industry transformation and the technological development are under way in the global software area, which brings huge development opportunity for China's software industry. In recent years, China's software industry has achieved a rapid and sustained development, showing a rapid growth with the government policy support. Software industry is listed as the country's priority industry in China's economic growth, which has an extremely important strategic meaning.In 2008, after the attack of a series of negative factors, the world's high sustained economic growth came to an end, and for the first time negative growth possibly appeared to global economy after the II war. Although China's software companies did not fall consecutively, and the phenomenon such as obvious recession and massive layoffs have not appeared in software industry under the entire international industry environment, but the confidence of the investor won't be as strong as previous years, and investors are more cautious and careful when choosing the direction of investment. To capture the investment opportunities in the software industry, it is very important to apply the appropriate evaluation method to recognize the intrinsic value of listed software companies correctly.At present, the study about enterprise evaluation in China is mainly derived from theories in western countries. In practice, the evaluation method and model of listed companies with enterprises accounting profits are widely used. Through research and analysis of the characteristics of software companies, this paper clarifies the operation law and intrinsic investment value. After comparison between different evaluation methods, the paper finds EVA, which has become more and more popular around the world in recent years, the most appropriate method. Taking UFIDA Software company as a sample, the paper assesses and analyzes the operation performance and investment value of listed software company. The purpose is to study how to apply EVA evaluation method to evaluate the performance of a certain company, thus to indentify the right investment objective. It will be very helpful for the investor to make a better decision. |