The electromagnetic engine valve actuator is a key technology to achieve variable valve timing in internal combustion engine and the steel core and clapper of the electromagnetic engine valve actuator are laminated to reduce the eddy current loss. To design and characterize the performance of the electromagnetic engine valve actuator, FE (finite element) analysis is the most effective way, but FE (finite element) 3-D modeling of real lamination needs very fine meshes resulting in countless meshes for modeling and numerous computations. In this paper, the equivalent FE 2-D model of electromagnetic engine valve actuator is introduced and FE analysis is performed using the equivalent FE 2-D model.