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: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 Fair value of debt. See details »
2 Invested capital. See details »
Item | Description | The company |
---|---|---|
MVA | GameStop Corp. market (fair) value less invested capital. | GameStop Corp. MVA increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level. |
MVA Spread Ratio
Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Market value added (MVA)1 | 4,889,079) | 12,113,436) | (474,798) | (328,454) | (860,070) | (262,266) | |
Invested capital2 | 2,449,500) | 1,656,300) | 1,926,200) | 2,995,218) | 3,832,741) | 4,240,630) | |
Performance Ratio | |||||||
MVA spread ratio3 | 199.59% | 731.36% | -24.65% | -10.97% | -22.44% | -6.18% | |
Benchmarks | |||||||
MVA Spread Ratio, Competitors4 | |||||||
Amazon.com Inc. | 342.01% | 728.57% | 1,053.43% | 730.44% | — | — | |
Home Depot Inc. | 681.54% | 631.50% | 547.47% | 617.70% | — | — | |
Lowe’s Cos. Inc. | 587.76% | 457.91% | 186.58% | 334.01% | — | — | |
TJX Cos. Inc. | 333.18% | 327.36% | 261.07% | 334.48% | 289.43% | — |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 MVA. See details »
2 Invested capital. See details »
3 2022 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 4,889,079 ÷ 2,449,500 = 199.59%
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. | GameStop Corp. MVA spread ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
MVA Margin
Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Market value added (MVA)1 | 4,889,079) | 12,113,436) | (474,798) | (328,454) | (860,070) | (262,266) | |
Net sales | 6,010,700) | 5,089,800) | 6,466,000) | 8,285,300) | 9,224,600) | 8,607,900) | |
Add: Increase (decrease) in deferred revenue | 22,400) | 3,400) | (7,700) | (8,200) | 8,200) | 18,700) | |
Adjusted net sales | 6,033,100) | 5,093,200) | 6,458,300) | 8,277,100) | 9,232,800) | 8,626,600) | |
Performance Ratio | |||||||
MVA margin2 | 81.04% | 237.84% | -7.35% | -3.97% | -9.32% | -3.04% | |
Benchmarks | |||||||
MVA Margin, Competitors3 | |||||||
Amazon.com Inc. | 178.50% | 312.93% | 408.23% | 330.23% | — | — | |
Home Depot Inc. | 216.66% | 237.60% | 181.62% | 195.15% | — | — | |
Lowe’s Cos. Inc. | 159.89% | 145.00% | 69.10% | 115.18% | — | — | |
TJX Cos. Inc. | 135.17% | 227.93% | 116.99% | 149.26% | 130.42% | — |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 MVA. See details »
2 2022 Calculation
MVA margin = 100 × MVA ÷ Adjusted net sales
= 100 × 4,889,079 ÷ 6,033,100 = 81.04%
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. | GameStop Corp. MVA margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |