Stock Analysis on Net

Analog Devices Inc. (NASDAQ:ADI)

Market Value Added (MVA)

Microsoft Excel

MVA

Analog Devices Inc., MVA calculation

US$ in thousands

Microsoft Excel
Nov 2, 2024 Oct 28, 2023 Oct 29, 2022 Oct 30, 2021 Oct 31, 2020 Nov 2, 2019
Fair value of debt1 6,797,941 5,844,284 5,472,605 7,147,607 5,708,995 5,778,535
Operating lease liability 386,700 425,205 390,907 348,358 328,415 380,127
Market value of common equity 108,713,826 89,947,429 85,780,715 94,974,532 50,578,788 42,314,259
Preferred stock, $1.00 par value, none outstanding
Less: Short-term investments 371,822
Market (fair) value of Analog Devices 115,526,645 96,216,918 91,644,227 102,470,497 56,616,198 48,472,922
Less: Invested capital2 43,520,510 44,182,132 45,019,927 47,018,398 18,211,243 18,347,668
MVA 72,006,135 52,034,786 46,624,300 55,452,099 38,404,955 30,125,253

Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA Analog Devices Inc. market (fair) value less invested capital. Analog Devices Inc. MVA increased from 2022 to 2023 and from 2023 to 2024.

MVA Spread Ratio

Analog Devices Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Nov 2, 2024 Oct 28, 2023 Oct 29, 2022 Oct 30, 2021 Oct 31, 2020 Nov 2, 2019
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 72,006,135 52,034,786 46,624,300 55,452,099 38,404,955 30,125,253
Invested capital2 43,520,510 44,182,132 45,019,927 47,018,398 18,211,243 18,347,668
Performance Ratio
MVA spread ratio3 165.45% 117.77% 103.56% 117.94% 210.89% 164.19%
Benchmarks
MVA Spread Ratio, Competitors4
Advanced Micro Devices Inc. 370.13% 119.87% 2,219.60% 2,281.37% 1,656.68%
Applied Materials Inc. 547.48% 671.06% 515.59% 815.05% 555.54% 482.20%
Broadcom Inc. 681.11% 780.16% 327.91% 373.50% 237.77% 168.52%
Intel Corp. 136.50% 56.17% 138.47% 204.49% 286.44%
KLA Corp. 1,008.90% 749.44% 664.92% 735.85% 430.36% 274.54%
Lam Research Corp. 628.85% 511.21% 404.85% 617.13% 423.68% 264.92%
Micron Technology Inc. 134.98% 65.44% 17.24% 80.72% 54.74% 45.95%
Monolithic Power Systems Inc. 2,235.72% 1,719.36% 2,962.29% 2,652.95% 1,374.72%
NVIDIA Corp. 5,287.84% 2,593.21% 3,533.65% 2,455.53% 1,247.78% 1,774.44%
Qualcomm Inc. 553.50% 331.81% 372.61% 739.14% 815.45% 438.33%
Texas Instruments Inc. 565.70% 853.39% 887.48% 1,141.98% 946.70%

Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).

1 MVA. See details »

2 Invested capital. See details »

3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 72,006,135 ÷ 43,520,510 = 165.45%

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. Analog Devices Inc. MVA spread ratio improved from 2022 to 2023 and from 2023 to 2024.

MVA Margin

Analog Devices Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Nov 2, 2024 Oct 28, 2023 Oct 29, 2022 Oct 30, 2021 Oct 31, 2020 Nov 2, 2019
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 72,006,135 52,034,786 46,624,300 55,452,099 38,404,955 30,125,253
Revenue 9,427,157 12,305,539 12,013,953 7,318,286 5,603,056 5,991,065
Performance Ratio
MVA margin2 763.82% 422.86% 388.08% 757.72% 685.43% 502.84%
Benchmarks
MVA Margin, Competitors3
Advanced Micro Devices Inc. 944.62% 297.25% 836.71% 1,019.76% 838.80%
Applied Materials Inc. 445.92% 449.88% 297.74% 520.10% 422.74% 334.35%
Broadcom Inc. 1,861.99% 1,364.99% 613.41% 879.64% 656.13% 447.69%
Intel Corp. 231.83% 78.99% 155.07% 215.26% 320.84%
KLA Corp. 865.81% 595.30% 562.17% 725.25% 482.13% 383.29%
Lam Research Corp. 638.38% 448.84% 298.83% 497.72% 492.95% 285.07%
Micron Technology Inc. 286.66% 225.16% 29.56% 135.02% 108.00% 76.12%
Monolithic Power Systems Inc. 1,811.52% 1,180.09% 1,676.21% 1,995.81% 1,008.38%
NVIDIA Corp. 2,669.68% 2,051.63% 2,368.66% 1,919.74% 1,616.28% 724.42%
Qualcomm Inc. 438.87% 291.70% 248.18% 445.16% 615.38% 387.14%
Texas Instruments Inc. 729.45% 748.35% 793.86% 1,023.69% 793.53%

Based on: 10-K (reporting date: 2024-11-02), 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02).

1 MVA. See details »

2 2024 Calculation
MVA margin = 100 × MVA ÷ Revenue
= 100 × 72,006,135 ÷ 9,427,157 = 763.82%

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. Analog Devices Inc. MVA margin ratio improved from 2022 to 2023 and from 2023 to 2024.