Paying users zone. Data is covered by .

  • Get to Automatic Data Processing Inc. for $13.99, or

  • get to whole website for at least 3 months from $49.99.

 

$13.99

Market Value Added (MVA)

Difficulty: Advanced

Market value added (MVA) is the difference between a firms's fair value and its invested capital. MVA is a measure of the value a company has created in excess of the resources already committed to the enterprise.


MVA

Automatic Data Processing Inc., MVA calculation

USD $ in thousands

 
Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013 Jun 30, 2012
Fair value of Debt1
PV of operating lease payments2
Market value of common equity
Preferred stock, $1.00 par value; issued, none
Less: Marketable securities
Market (fair) value of ADP
Less: Invested capital3
MVA

Source: Based on data from Automatic Data Processing Inc. Annual Reports

1 Fair value of debt. See Details »

2 Present value of operating lease payments. See Details »

3 Invested capital. See Details »

Item Description The company
MVA ADP's market (fair) value less invested capital. Automatic Data Processing Inc.'s MVA increased from 2015 to 2016 and from 2016 to 2017.

Top


MVA Spread

Automatic Data Processing Inc., MVA spread calculation

 
Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013 Jun 30, 2012
Selected Financial Data (USD $ in thousands)
Market value added (MVA)1
Invested capital2
Ratio
MVA spread3 % % % % % %

Source: Based on data from Automatic Data Processing Inc. Annual Reports

2017 Calculations

1 MVA. See Details »

2 Invested capital. See Details »

3 MVA spread = 100 × MVA ÷ Invested capital
= 100 × ÷ = %

Ratio Description The company
MVA spread 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. Automatic Data Processing Inc.'s MVA spread deteriorated from 2015 to 2016 but then improved from 2016 to 2017 exceeding 2015 level.

Top


MVA Margin

Automatic Data Processing Inc., MVA margin calculation

 
Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013 Jun 30, 2012
Selected Financial Data (USD $ in thousands)
Market value added (MVA)1
Revenues
Increase (decrease) in deferred revenues
Ratio
MVA margin2 % % % % % %

Source: Based on data from Automatic Data Processing Inc. Annual Reports

2017 Calculations

1 MVA. See Details »

2 MVA margin = 100 × MVA ÷ (Revenues + Change in deferred revenues)
= 100 × ÷ ( + ) = %

Ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Automatic Data Processing Inc.'s MVA margin improved from 2015 to 2016 and from 2016 to 2017.

Top