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
Applied Materials Inc., MVA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-10-27), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-25), 10-K (reporting date: 2019-10-27).
1 Fair value of debt. See details »
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | Applied Materials Inc. market (fair) value less invested capital. | Applied Materials Inc. MVA increased from 2022 to 2023 and from 2023 to 2024. |
MVA Spread Ratio
Applied Materials Inc., MVA spread ratio calculation, comparison to benchmarks
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 121,184) | 119,294) | 76,772) | 119,950) | 72,720) | 48,841) | |
| Invested capital2 | 22,135) | 17,777) | 14,890) | 14,717) | 13,090) | 10,129) | |
| Performance Ratio | |||||||
| MVA spread ratio3 | 547.48% | 671.06% | 515.59% | 815.05% | 555.54% | 482.20% | |
| Benchmarks | |||||||
| MVA Spread Ratio, Competitors4 | |||||||
| Advanced Micro Devices Inc. | — | 370.13% | 119.87% | 2,219.60% | 2,281.37% | 1,656.68% | |
| Analog Devices Inc. | 165.45% | 117.77% | 103.56% | 117.94% | 210.89% | 164.19% | |
| 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: 2024-10-27), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-25), 10-K (reporting date: 2019-10-27).
1 MVA. See details »
2 Invested capital. See details »
3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 121,184 ÷ 22,135 = 547.48%
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. | Applied Materials Inc. MVA spread ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level. |
MVA Margin
Applied Materials Inc., MVA margin calculation, comparison to benchmarks
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 121,184) | 119,294) | 76,772) | 119,950) | 72,720) | 48,841) | |
| Net revenue | 27,176) | 26,517) | 25,785) | 23,063) | 17,202) | 14,608) | |
| Performance Ratio | |||||||
| MVA margin2 | 445.92% | 449.88% | 297.74% | 520.10% | 422.74% | 334.35% | |
| Benchmarks | |||||||
| MVA Margin, Competitors3 | |||||||
| Advanced Micro Devices Inc. | — | 944.62% | 297.25% | 836.71% | 1,019.76% | 838.80% | |
| Analog Devices Inc. | 763.82% | 422.86% | 388.08% | 757.72% | 685.43% | 502.84% | |
| 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: 2024-10-27), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-25), 10-K (reporting date: 2019-10-27).
1 MVA. See details »
2 2024 Calculation
MVA margin = 100 × MVA ÷ Net revenue
= 100 × 121,184 ÷ 27,176 = 445.92%
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. | Applied Materials Inc. MVA margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |