Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

Market Value Added (MVA)

Microsoft Excel

MVA

Intel Corp., MVA calculation

US$ in millions

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Fair value of debt1 47,600 38,244 41,500 40,900 30,602
Operating lease liability 431 409 475 527 550
Market value of common equity 184,552 116,498 195,660 230,210 292,846
Preferred stock, $0.001 par value; none issued
Temporary equity 155
Non-controlling interests 4,375 1,863
Less: Marketable securities 19,149 18,535 26,597 22,052 12,655
Market (fair) value of Intel 217,809 138,479 211,038 249,585 311,498
Less: Invested capital2 92,095 88,671 88,498 81,967 80,607
MVA 125,714 49,808 122,540 167,618 230,891

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA Intel Corp. market (fair) value less invested capital. Intel Corp. MVA decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

MVA Spread Ratio

Intel Corp., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Selected Financial Data (US$ in millions)
Market value added (MVA)1 125,714 49,808 122,540 167,618 230,891
Invested capital2 92,095 88,671 88,498 81,967 80,607
Performance Ratio
MVA spread ratio3 136.50% 56.17% 138.47% 204.49% 286.44%
Benchmarks
MVA Spread Ratio, Competitors4
Advanced Micro Devices Inc. 370.13% 119.87% 2,219.60% 2,281.37% 1,656.68%
Analog Devices Inc. 117.77% 103.56% 117.94% 210.89% 164.19%
Applied Materials Inc. 671.06% 515.59% 815.05% 555.54% 482.20%
Broadcom Inc. 780.15% 327.92% 373.47% 237.74% 168.52%
KLA Corp. 749.44% 664.92% 735.85% 430.36% 274.54%
Lam Research Corp. 510.18% 411.90% 697.09% 503.38% 326.52%
Micron Technology Inc. 65.44% 17.24% 80.72% 54.74% 45.95%
NVIDIA Corp. 2,592.75% 3,534.07% 2,454.59% 1,247.43% 1,776.46%
ON Semiconductor Corp. 242.64% 312.72% 289.98% 209.73% 87.91%
Qualcomm Inc. 331.81% 372.61% 739.14% 815.45% 438.33%
Texas Instruments Inc. 565.70% 853.39% 887.48% 1,141.98% 946.70%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 MVA. See details »

2 Invested capital. See details »

3 2023 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 125,714 ÷ 92,095 = 136.50%

4 Click competitor name to see calculations.

Performance ratio Description The company
MVA spread ratio The ratio of MVA to invested capital. It measures the efficiency with which investors’ capital investment has translated into a franchise value and into an aggregate net present value premium. Intel Corp. MVA spread ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level.

MVA Margin

Intel Corp., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Selected Financial Data (US$ in millions)
Market value added (MVA)1 125,714 49,808 122,540 167,618 230,891
Net revenue 54,228 63,054 79,024 77,867 71,965
Performance Ratio
MVA margin2 231.83% 78.99% 155.07% 215.26% 320.84%
Benchmarks
MVA Margin, Competitors3
Advanced Micro Devices Inc. 944.62% 297.25% 836.71% 1,019.76% 838.80%
Analog Devices Inc. 422.86% 388.08% 757.72% 685.43% 502.84%
Applied Materials Inc. 449.88% 297.74% 520.10% 422.74% 334.35%
Broadcom Inc. 1,364.98% 613.42% 879.58% 656.07% 447.69%
KLA Corp. 595.30% 562.17% 725.25% 482.13% 383.29%
Lam Research Corp. 444.18% 298.83% 497.71% 492.91% 285.01%
Micron Technology Inc. 225.16% 29.56% 135.02% 108.00% 76.12%
NVIDIA Corp. 2,051.27% 2,368.93% 1,919.01% 1,615.83% 725.25%
ON Semiconductor Corp. 321.21% 351.98% 325.29% 274.96% 109.25%
Qualcomm Inc. 291.70% 248.18% 445.16% 615.38% 387.14%
Texas Instruments Inc. 729.45% 748.35% 793.86% 1,023.69% 793.53%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).

1 MVA. See details »

2 2023 Calculation
MVA margin = 100 × MVA ÷ Net revenue
= 100 × 125,714 ÷ 54,228 = 231.83%

3 Click competitor name to see calculations.

Performance ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Intel Corp. MVA margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.