Market Value Added (MVA)
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
Mondelēz International Inc., MVA calculation
US$ in millions
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 Fair value of debt. See details »
2 Invested capital. See details »
Item | Description | The company |
---|---|---|
MVA | Mondelēz International Inc.’s market (fair) value less invested capital. | Mondelēz International Inc.’s MVA increased from 2018 to 2019 but then slightly decreased from 2019 to 2020. |
MVA Spread Ratio
Mondelēz International Inc., MVA spread ratio calculation
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 MVA. See details »
2 Invested capital. See details »
3 2020 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 40,313 ÷ 61,366 = 65.69%
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. | Mondelēz International Inc.’s MVA spread ratio improved from 2018 to 2019 but then slightly deteriorated from 2019 to 2020. |
MVA Margin
Mondelēz International Inc., MVA margin calculation
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 MVA. See details »
2 2020 Calculation
MVA margin = 100 × MVA ÷ Net revenues
= 100 × 40,313 ÷ 26,581 = 151.66%
Performance ratio | Description | The company |
---|---|---|
MVA margin | The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. | Mondelēz International Inc.’s MVA margin ratio improved from 2018 to 2019 but then slightly deteriorated from 2019 to 2020. |