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
Dollar Tree Inc., MVA calculation
US$ in thousands
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 | Dollar Tree Inc. market (fair) value less invested capital. | Dollar Tree Inc. MVA increased from 2020 to 2021 and from 2021 to 2022. |
MVA Spread Ratio
Dollar Tree Inc., MVA spread ratio calculation, comparison to benchmarks
| 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 | 25,921,466) | 17,832,418) | 11,334,220) | 18,348,557) | 14,960,722) | 11,619,907) | |
| Invested capital2 | 18,201,900) | 17,693,200) | 16,987,300) | 17,010,987) | 19,846,068) | 19,165,878) | |
| Performance Ratio | |||||||
| MVA spread ratio3 | 142.41% | 100.79% | 66.72% | 107.86% | 75.38% | 60.63% | |
| Benchmarks | |||||||
| MVA Spread Ratio, Competitors4 | |||||||
| Costco Wholesale Corp. | 601.38% | 635.70% | 488.89% | 481.92% | — | — | |
| Target Corp. | 289.75% | 247.97% | 151.69% | 106.62% | — | — | |
| Walmart Inc. | 201.42% | 174.24% | 145.51% | 124.63% | — | — | |
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 × 25,921,466 ÷ 18,201,900 = 142.41%
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. | Dollar Tree Inc. MVA spread ratio improved from 2020 to 2021 and from 2021 to 2022. |
MVA Margin
Dollar Tree Inc., MVA margin calculation, comparison to benchmarks
| 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 | 25,921,466) | 17,832,418) | 11,334,220) | 18,348,557) | 14,960,722) | 11,619,907) | |
| Net sales | 26,309,800) | 25,508,400) | 23,610,800) | 22,823,300) | 22,245,500) | 20,719,200) | |
| Performance Ratio | |||||||
| MVA margin2 | 98.52% | 69.91% | 48.00% | 80.39% | 67.25% | 56.08% | |
| Benchmarks | |||||||
| MVA Margin, Competitors3 | |||||||
| Costco Wholesale Corp. | 85.51% | 94.36% | 86.99% | 77.31% | — | — | |
| Target Corp. | 83.51% | 81.84% | 53.60% | 37.31% | — | — | |
| Walmart Inc. | 55.42% | 51.59% | 46.83% | 38.77% | — | — | |
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 ÷ Net sales
= 100 × 25,921,466 ÷ 26,309,800 = 98.52%
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. | Dollar Tree Inc. MVA margin ratio improved from 2020 to 2021 and from 2021 to 2022. |