This study aims to analyze the effect of profitability, liquidity, to firm value and capital structure. The object of research is manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2013-2017. The sample in this research is taken using puposive sampling technique. The analysis technique used in this research use multiple linear regression analysis. The result of this study indicate that profitability has a significant positive effect on fim value, liquidity has a significant negative effect on firm value, profitability has a significant negative on capital structure, and liquidity has no significantly negative effect to capital structure.