This research evaluates the stock market performance of Philippine food production companies using Economic Value Added (EVA). It aims to determine whether EVA can better predict stock marketability than traditional financial metrics such as Return on Assets (ROA), Return on Equity (ROE), and Earnings Per Share (EPS), addressing a gap in existing research concerning emerging economies where EVA’s application remains relatively underexplored. The study employs a fixed effects model with panel data and compiles financial data from 2016 to 2020 for ten publicly listed food-producing companies. The findings reveal a significant correlation between EVA and stock prices—higher EVA is associated with higher stock prices among the firms. However, the analysis also indicates that some traditional earnings measures, particularly EPS, may be equally or even more effective in predicting stock prices. Thus, while EVA is a useful tool, it should not be used in isolation. The study supports the combined use of EVA and conventional financial ratios in evaluating stock marketability. These insights are valuable for investors, especially those considering EVA as an additional investment decision-making tool. Further studies on EVA’s predictive power across different market segments and business environments are recommended to facilitate more definitive conclusions. Ultimately, these findings contribute to improving stock return predictions and underscore the importance of ongoing research in financial metric analysis.