Panel data analysis is utilized to analyze a dataset obtained from ASE database. The dataset consists of a sample of 35 industrial enterprises registered on the exchange, covering the period from 2010 to 2020. The hypotheses were tested using multiple regressions. The results of this study provide evidence for the positive and significant influence of particular financial sustainability indicators, namely return on equity (ROE) and return on assets (ROA), on corporation’s value assessed by Tobin’s Q. The study suggests that improving both the profitability indicator (ROA) and the earning capacity indicator will ultimately result in firm’s value growth. In relation to the third metric of financial sustainability, which is assessed through assets management of (Total Assets/Current Assets), the study determined that there was no statistically significant impact on the value of the firm. The research findings suggest several recommendations aimed at, enhancing profitability and management of earnings, so that positive impact on shareholder wealth will be realized. Furthermore, it is recommended that greater emphasis be placed on improving assets management since it is a crucial factor in enhancing firm’s value.