Market value added (MVA) is the difference between a firm 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
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 Fair value of debt. See details »
2 Invested capital. See details »
Item | Description | The company |
---|---|---|
MVA | Microchip Technology Inc. market (fair) value less invested capital. | Microchip Technology Inc. MVA increased from 2020 to 2021 but then slightly decreased from 2021 to 2022. |
MVA Spread Ratio
Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Market value added (MVA)1 | 33,271,602) | 36,810,014) | 19,047,000) | 17,821,242) | 21,843,306) | 18,035,866) | |
Invested capital2 | 11,963,600) | 12,643,700) | 13,725,600) | 14,715,398) | 5,149,468) | 6,087,016) | |
Performance Ratio | |||||||
MVA spread ratio3 | 278.11% | 291.13% | 138.77% | 121.11% | 424.19% | 296.30% | |
Benchmarks | |||||||
MVA Spread Ratio, Competitors4 | |||||||
Advanced Micro Devices Inc. | 119.87% | 2,219.60% | 2,281.37% | 1,656.68% | — | — | |
Analog Devices Inc. | 103.56% | 117.94% | 210.89% | 164.19% | 113.22% | — | |
Applied Materials Inc. | 515.59% | 815.05% | 555.54% | 482.20% | 251.42% | — | |
Broadcom Inc. | 327.92% | 373.47% | 237.74% | 168.52% | 161.97% | — | |
Intel Corp. | 56.17% | 138.47% | 204.49% | 286.44% | — | — | |
KLA Corp. | 664.92% | 735.85% | 430.36% | 274.54% | 618.88% | — | |
Lam Research Corp. | 411.90% | 697.09% | 503.38% | 326.52% | 224.36% | — | |
Micron Technology Inc. | 17.24% | 80.72% | 54.74% | 45.95% | 56.63% | — | |
NVIDIA Corp. | 3,534.07% | 2,454.59% | 1,247.43% | 1,776.46% | — | — | |
ON Semiconductor Corp. | 312.72% | 289.98% | 209.73% | 87.91% | — | — | |
Qualcomm Inc. | 372.61% | 739.14% | 815.45% | 438.33% | 401.62% | — | |
Texas Instruments Inc. | 853.39% | 887.48% | 1,141.98% | 946.70% | — | — |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 MVA. See details »
2 Invested capital. See details »
3 2022 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 33,271,602 ÷ 11,963,600 = 278.11%
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. | Microchip Technology Inc. MVA spread ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
MVA Margin
Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Market value added (MVA)1 | 33,271,602) | 36,810,014) | 19,047,000) | 17,821,242) | 21,843,306) | 18,035,866) | |
Net sales | 6,820,900) | 5,438,400) | 5,274,200) | 5,349,500) | 3,980,800) | 3,407,807) | |
Add: Increase (decrease) in deferred revenue | 117,600) | —) | —) | —) | —) | —) | |
Adjusted net sales | 6,938,500) | 5,438,400) | 5,274,200) | 5,349,500) | 3,980,800) | 3,407,807) | |
Performance Ratio | |||||||
MVA margin2 | 479.52% | 676.85% | 361.14% | 333.14% | 548.72% | 529.25% | |
Benchmarks | |||||||
MVA Margin, Competitors3 | |||||||
Advanced Micro Devices Inc. | 297.25% | 836.71% | 1,019.76% | 838.80% | — | — | |
Analog Devices Inc. | 388.08% | 757.72% | 685.43% | 502.84% | 340.05% | — | |
Applied Materials Inc. | 297.74% | 520.10% | 422.74% | 334.35% | 148.45% | — | |
Broadcom Inc. | 613.42% | 879.58% | 656.07% | 447.69% | 346.64% | — | |
Intel Corp. | 78.99% | 155.07% | 215.26% | 320.84% | — | — | |
KLA Corp. | 562.17% | 725.25% | 482.13% | 383.29% | 401.11% | — | |
Lam Research Corp. | 298.83% | 497.71% | 492.91% | 285.01% | 195.14% | — | |
Micron Technology Inc. | 29.56% | 135.02% | 108.00% | 76.12% | 65.98% | — | |
NVIDIA Corp. | 2,368.93% | 1,919.01% | 1,615.83% | 725.25% | — | — | |
ON Semiconductor Corp. | 351.98% | 325.29% | 274.96% | 109.25% | — | — | |
Qualcomm Inc. | 248.18% | 445.16% | 615.38% | 387.14% | 332.30% | — | |
Texas Instruments Inc. | 748.35% | 793.86% | 1,023.69% | 793.53% | — | — |
Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).
1 MVA. See details »
2 2022 Calculation
MVA margin = 100 × MVA ÷ Adjusted net sales
= 100 × 33,271,602 ÷ 6,938,500 = 479.52%
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. | Microchip Technology Inc. MVA margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |