Market Value Added (MVA)
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
NXP Semiconductors N.V., MVA calculation
US$ in millions
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 Fair value of debt. See details »
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | NXP Semiconductors N.V. market (fair) value less invested capital. | NXP Semiconductors N.V. MVA increased from 2019 to 2020 and from 2020 to 2021. |
MVA Spread Ratio
NXP Semiconductors N.V., MVA spread ratio calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Market value added (MVA)1 | 45,271) | 42,142) | 23,492) | 17,457) | 26,607) | |
| Invested capital2 | 16,745) | 16,335) | 16,952) | 18,006) | 20,519) | |
| Performance Ratio | ||||||
| MVA spread ratio3 | 270.36% | 257.98% | 138.58% | 96.95% | 129.67% | |
| Benchmarks | ||||||
| MVA Spread Ratio, Competitors4 | ||||||
| Advanced Micro Devices Inc. | 2,219.60% | 2,281.37% | 1,656.68% | — | — | |
| Analog Devices Inc. | 117.94% | 210.89% | 164.19% | 113.22% | — | |
| Applied Materials Inc. | 815.05% | 555.54% | 482.20% | 251.42% | — | |
| Broadcom Inc. | 373.47% | 237.74% | 168.52% | 161.97% | — | |
| Intel Corp. | 138.47% | 204.49% | 286.44% | — | — | |
| KLA Corp. | 735.85% | 430.36% | 274.54% | 618.88% | — | |
| Lam Research Corp. | 697.09% | 503.38% | 326.52% | 224.36% | — | |
| Micron Technology Inc. | 80.72% | 54.74% | 45.95% | 56.63% | — | |
| NVIDIA Corp. | 2,454.59% | 1,247.43% | 1,776.46% | — | — | |
| ON Semiconductor Corp. | 289.98% | 209.73% | 87.91% | — | — | |
| Qualcomm Inc. | 739.14% | 815.45% | 438.33% | 401.62% | — | |
| Texas Instruments Inc. | 887.48% | 1,141.98% | 946.70% | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 MVA. See details »
2 Invested capital. See details »
3 2021 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 45,271 ÷ 16,745 = 270.36%
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. | NXP Semiconductors N.V. MVA spread ratio improved from 2019 to 2020 and from 2020 to 2021. |
MVA Margin
NXP Semiconductors N.V., MVA margin calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Market value added (MVA)1 | 45,271) | 42,142) | 23,492) | 17,457) | 26,607) | |
| Revenue | 11,063) | 8,612) | 8,877) | 9,407) | 9,256) | |
| Performance Ratio | ||||||
| MVA margin2 | 409.21% | 489.33% | 264.63% | 185.58% | 287.46% | |
| Benchmarks | ||||||
| MVA Margin, Competitors3 | ||||||
| Advanced Micro Devices Inc. | 836.71% | 1,019.76% | 838.80% | — | — | |
| Analog Devices Inc. | 757.72% | 685.43% | 502.84% | 340.05% | — | |
| Applied Materials Inc. | 520.10% | 422.74% | 334.35% | 148.45% | — | |
| Broadcom Inc. | 879.58% | 656.07% | 447.69% | 346.64% | — | |
| Intel Corp. | 155.07% | 215.26% | 320.84% | — | — | |
| KLA Corp. | 725.25% | 482.13% | 383.29% | 401.11% | — | |
| Lam Research Corp. | 497.71% | 492.91% | 285.01% | 195.14% | — | |
| Micron Technology Inc. | 135.02% | 108.00% | 76.12% | 65.98% | — | |
| NVIDIA Corp. | 1,919.01% | 1,615.83% | 725.25% | — | — | |
| ON Semiconductor Corp. | 325.29% | 274.96% | 109.25% | — | — | |
| Qualcomm Inc. | 445.16% | 615.38% | 387.14% | 332.30% | — | |
| Texas Instruments Inc. | 793.86% | 1,023.69% | 793.53% | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 MVA. See details »
2 2021 Calculation
MVA margin = 100 × MVA ÷ Revenue
= 100 × 45,271 ÷ 11,063 = 409.21%
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. | NXP Semiconductors N.V. MVA margin ratio improved from 2019 to 2020 but then slightly deteriorated from 2020 to 2021. |