SUMMARY
The purpose of this study is to examine the moderation of audit opinion in the effect of liquidity, leverage, cash flow, profitability, and size of a company on the value of an infrastructure sector company listed on the stock exchange in 2014-2019. The population in this study were 75 infrastructure, utility and transportation companies listed on the stock exchange in 2014-2019. With purposive sampling, the research sample becomes 14 companies with the following criteria: companies listed on the stock exchange in the 2014-2019 period, infrastructure, transportation and utility companies that publish complete and audited financial statements every 2014 -2019, the recording of the financial statements of utility and transportation infrastructure companies in rupiah currency, the company's financial statements must be in a profit position in the 2014-2019 period. This research method used a quantitative approach and classical assumption test and multiple linear regression. The result is a partially positive effect of leverage, profitability, and the size of a company on the value of a company, while liabilities and cash flow have no effect on the value of a company. Simultaneously, liquidity, cash flow, leverage, profitability, and the size of a company have a positive effect on the value of a company. It was also found that the audit opinion had no additional effect on the effect of liabilities, leverage, cash flow, profitability, and firm size on the value of a company.