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.
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- Balance Sheet: Assets
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Geographic Areas
- Enterprise Value to EBITDA (EV/EBITDA)
- Dividend Discount Model (DDM)
- Return on Equity (ROE) since 2007
- Current Ratio since 2007
- Debt to Equity since 2007
- Price to Book Value (P/BV) since 2007
- Analysis of Debt
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MVA
Super Micro Computer Inc., MVA calculation
US$ in thousands
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 Fair value of debt. See details »
2 Invested capital. See details »
The financial data shows significant growth trends over the analyzed periods.
- Market (fair) value of Supermicro
- There is a consistent and substantial increase in market value from 1,490,741 thousand USD in 2020 to 31,735,168 thousand USD in 2025. This reflects an exceptional growth trajectory, with the most notable surge occurring between 2022 and 2023, where the value more than tripled.
- Invested Capital
- The invested capital also trends upward, starting at 1,239,197 thousand USD in 2020 and reaching 11,494,019 thousand USD by 2025. Although this growth is steady, it is less steep compared to the market value, indicating that the capital invested has increased but at a more moderate rate.
- Market Value Added (MVA)
- The MVA shows marked growth from 251,544 thousand USD in 2020 to a peak of 21,593,261 thousand USD in 2024, before slightly declining to 20,241,149 thousand USD in 2025. The increasing MVA over the years suggests significant value creation beyond the invested capital, particularly pronounced between 2022 and 2024.
Overall, the data reflects robust growth in market value supported by an increase in invested capital. The substantial rise in MVA indicates successful value generation from investments, with a slight indication of stabilization or minor contraction in the last year. This trend suggests strong market confidence and effective capital utilization over the five-year span.
MVA Spread Ratio
Super Micro Computer Inc., MVA spread ratio calculation, comparison to benchmarks
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Market value added (MVA)1 | |||||||
| Invested capital2 | |||||||
| Performance Ratio | |||||||
| MVA spread ratio3 | |||||||
| Benchmarks | |||||||
| MVA Spread Ratio, Competitors4 | |||||||
| Apple Inc. | |||||||
| Arista Networks Inc. | |||||||
| Cisco Systems Inc. | |||||||
| Dell Technologies Inc. | |||||||
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 MVA. See details »
2 Invested capital. See details »
3 2025 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × ÷ =
4 Click competitor name to see calculations.
- Market Value Added (MVA)
- The Market Value Added exhibited substantial growth from 2020 to 2024, increasing from 251,544 thousand US dollars to a peak of 21,593,261 thousand US dollars in 2024. This represents a considerable enhancement in market valuation over the five-year span. However, in 2025, there is a notable decline to 20,241,149 thousand US dollars, indicating a decrease from the previous year's high but still maintaining a significantly elevated value compared to the earlier years.
- Invested Capital
- Invested capital also demonstrates an overall increasing trend throughout the observed periods, starting at 1,239,197 thousand US dollars in 2020 and rising steadily to 11,494,019 thousand US dollars by 2025. The growth accelerates particularly from 2023 onwards, with a substantial increase occurring between 2023 and 2025. This indicates an aggressive capital investment policy or acquisition activity in those years.
- MVA Spread Ratio
- The MVA spread ratio shows significant volatility and growth, moving from 20.3% in 2020 to a sharp peak of 466.63% in 2023. After 2023, the ratio decreases to 281.28% in 2024 and further to 176.1% in 2025. The initial increase suggests that the market is valuing the company’s capital investments very favorably, generating high value over invested capital. The subsequent decline indicates diminishing returns relative to the peak, though the ratio remains well above earlier years, indicating continued strong market performance relative to capital invested.
MVA Margin
Super Micro Computer Inc., MVA margin calculation, comparison to benchmarks
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Market value added (MVA)1 | |||||||
| Net sales | |||||||
| Add: Increase (decrease) in deferred revenue | |||||||
| Adjusted net sales | |||||||
| Performance Ratio | |||||||
| MVA margin2 | |||||||
| Benchmarks | |||||||
| MVA Margin, Competitors3 | |||||||
| Apple Inc. | |||||||
| Arista Networks Inc. | |||||||
| Cisco Systems Inc. | |||||||
| Dell Technologies Inc. | |||||||
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).
1 MVA. See details »
2 2025 Calculation
MVA margin = 100 × MVA ÷ Adjusted net sales
= 100 × ÷ =
3 Click competitor name to see calculations.
The analysis of the financial data over the periods from June 30, 2020, to June 30, 2025, reveals significant trends and shifts in key financial metrics.
- Market value added (MVA)
- The Market value added exhibits a strong upward trajectory, increasing from US$ 251,544 thousand in 2020 to a peak of US$ 21,593,261 thousand in 2024. This represents a substantial growth in market valuation over the five-year span. However, there is a noticeable decline in 2025 to US$ 20,241,149 thousand, suggesting a slight weakening or market adjustment after the peak year.
- Adjusted net sales
- Adjusted net sales also demonstrate continuous growth throughout the period. Starting at approximately US$ 3,339,631 thousand in 2020, sales rise steadily each year, reaching US$ 22,287,048 thousand by 2025. This indicates robust revenue growth and expanding business operations.
- MVA margin
- The MVA margin, which represents the ratio of market value added to adjusted net sales, shows considerable volatility. It begins at 7.53% in 2020, increasing sharply to 158.1% in 2023, the peak year. This indicates that the company's market value was increasing much faster than its net sales during this period. Following this peak, the margin declines to 90.82% in 2025, reflecting that although market value remains high relative to net sales, the extraordinary rate of increase diminished somewhat in the latest year.
Overall, the data indicate a phase of rapid market capitalization growth accompanied by strong revenue expansion, with a peak in relative market valuation occurring around 2023. The subsequent adjustment in 2025 suggests a potential correction or stabilization following a period of exceptional growth.