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
Autodesk Inc., MVA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 Fair value of debt. See details »
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | Autodesk Inc. market (fair) value less invested capital. | Autodesk Inc. MVA increased from 2022 to 2023 and from 2023 to 2024. |
MVA Spread Ratio
Autodesk Inc., MVA spread ratio calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 41,518) | 37,636) | 36,985) | 53,897) | 29,811) | 31,416) | |
| Invested capital2 | 7,325) | 7,372) | 6,835) | 5,723) | 5,535) | 4,412) | |
| Performance Ratio | |||||||
| MVA spread ratio3 | 566.79% | 510.53% | 541.13% | 941.72% | 538.60% | 712.11% | |
| Benchmarks | |||||||
| MVA Spread Ratio, Competitors4 | |||||||
| Accenture PLC | 524.20% | 487.90% | 442.58% | 739.74% | 550.21% | 505.40% | |
| Adobe Inc. | 642.58% | 991.60% | 658.07% | 1,033.13% | 1,082.99% | 884.94% | |
| Cadence Design Systems Inc. | — | 1,934.83% | 1,302.22% | 1,110.87% | 1,232.57% | 792.57% | |
| CrowdStrike Holdings Inc. | 1,264.87% | 608.44% | 1,273.85% | 1,618.34% | 1,449.48% | — | |
| International Business Machines Corp. | — | 100.64% | 60.20% | 54.96% | 39.12% | 47.78% | |
| Intuit Inc. | 624.57% | 573.60% | 406.80% | 1,175.12% | 976.09% | 1,553.30% | |
| Microsoft Corp. | 803.69% | 892.49% | 956.02% | 1,383.21% | 1,315.93% | 962.41% | |
| Oracle Corp. | 370.24% | 324.04% | 224.95% | 260.27% | 180.84% | 220.64% | |
| Palantir Technologies Inc. | 11,445.95% | 3,878.69% | 488.89% | 829.78% | 1,919.83% | — | |
| Palo Alto Networks Inc. | 894.07% | 731.80% | 559.30% | 573.51% | 267.94% | 424.83% | |
| Salesforce Inc. | 256.35% | 126.24% | 150.31% | 270.75% | 226.93% | 326.41% | |
| ServiceNow Inc. | 1,951.86% | 1,781.94% | 1,276.80% | 1,798.18% | 2,575.52% | — | |
| Synopsys Inc. | 645.36% | 973.25% | 565.55% | 707.79% | 468.10% | 272.11% | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 MVA. See details »
2 Invested capital. See details »
3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 41,518 ÷ 7,325 = 566.79%
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. | Autodesk Inc. MVA spread ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
MVA Margin
Autodesk Inc., MVA margin calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 41,518) | 37,636) | 36,985) | 53,897) | 29,811) | 31,416) | |
| Net revenue | 5,497) | 5,005) | 4,386) | 3,790) | 3,274) | 2,570) | |
| Add: Increase (decrease) in deferred revenue | (316) | 790) | 430) | 353) | 916) | 136) | |
| Adjusted net revenue | 5,181) | 5,795) | 4,816) | 4,144) | 4,190) | 2,706) | |
| Performance Ratio | |||||||
| MVA margin2 | 801.34% | 649.46% | 767.95% | 1,300.77% | 711.47% | 1,160.93% | |
| Benchmarks | |||||||
| MVA Margin, Competitors3 | |||||||
| Accenture PLC | 297.40% | 251.01% | 213.17% | 379.26% | 279.96% | 233.58% | |
| Adobe Inc. | 727.86% | 1,241.42% | 766.46% | 1,287.44% | 1,554.19% | 1,330.31% | |
| Cadence Design Systems Inc. | — | 1,927.61% | 1,299.21% | 1,128.47% | 1,241.37% | 769.46% | |
| CrowdStrike Holdings Inc. | 1,984.37% | 816.60% | 1,995.27% | 3,362.60% | 1,272.66% | — | |
| International Business Machines Corp. | — | 179.50% | 104.54% | 104.85% | 68.01% | 81.54% | |
| Intuit Inc. | 959.77% | 939.31% | 782.89% | 1,489.94% | 1,098.60% | 1,034.92% | |
| Microsoft Corp. | 1,123.50% | 1,016.40% | 916.17% | 1,148.11% | 976.86% | 711.95% | |
| Oracle Corp. | 704.48% | 626.94% | 412.88% | 514.72% | 411.93% | 401.82% | |
| Palantir Technologies Inc. | 9,929.53% | 2,081.46% | 820.15% | 1,366.76% | 3,910.89% | — | |
| Palo Alto Networks Inc. | 949.23% | 726.58% | 651.61% | 771.73% | 434.98% | 469.70% | |
| Salesforce Inc. | 593.25% | 321.51% | 417.33% | 620.94% | 558.53% | 642.57% | |
| ServiceNow Inc. | 1,605.68% | 1,433.56% | 1,026.06% | 1,555.49% | 2,101.04% | — | |
| Synopsys Inc. | 1,081.63% | 1,373.41% | 796.87% | 1,126.17% | 803.94% | 470.26% | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
1 MVA. See details »
2 2024 Calculation
MVA margin = 100 × MVA ÷ Adjusted net revenue
= 100 × 41,518 ÷ 5,181 = 801.34%
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. | Autodesk Inc. MVA margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |