Paying users zone. Data is covered by .

• Get to Nike Inc. for \$19.99, or

• get to entire website for at least 3 months from \$49.99.

Nike Inc. (NKE)

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

Nike Inc., MVA calculation

USD \$ in millions

May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014 May 31, 2013
Fair value of short-term borrowings and long-term debt1
PV of operating lease payments2
Market value of common equity
Less: Short-term investments
Market (fair) value of Nike
Less: Invested capital3
MVA

Based on: 10-K (filing date: 2018-07-25), 10-K (filing date: 2017-07-20), 10-K (filing date: 2016-07-21), 10-K (filing date: 2015-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2013-07-23).

1 Fair value of debt. See Details »

2 Present value of operating lease payments. See Details »

3 Invested capital. See Details »

Item Description The company
MVA Nike Inc.’s market (fair) value less invested capital. Nike Inc.’s MVA increased from 2016 to 2017 and from 2017 to 2018.

May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014 May 31, 2013
Selected Financial Data (USD \$ in millions)
Invested capital2
Ratio

Based on: 10-K (filing date: 2018-07-25), 10-K (filing date: 2017-07-20), 10-K (filing date: 2016-07-21), 10-K (filing date: 2015-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2013-07-23).

2018 Calculations

1 MVA. See Details »

2 Invested capital. See Details »

3 MVA spread = 100 × MVA ÷ Invested capital
= 100 × ÷ =

Ratio Description The company
MVA spread 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. Nike Inc.’s MVA spread deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.

MVA Margin

Nike Inc., MVA margin calculation

May 31, 2018 May 31, 2017 May 31, 2016 May 31, 2015 May 31, 2014 May 31, 2013
Selected Financial Data (USD \$ in millions)
Revenues
Ratio
MVA margin2

Based on: 10-K (filing date: 2018-07-25), 10-K (filing date: 2017-07-20), 10-K (filing date: 2016-07-21), 10-K (filing date: 2015-07-23), 10-K (filing date: 2014-07-25), 10-K (filing date: 2013-07-23).

2018 Calculations

1 MVA. See Details »

2 MVA margin = 100 × MVA ÷ Revenues
= 100 × ÷ =

Ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Nike Inc.’s MVA margin deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.