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
Monolithic Power Systems Inc., MVA calculation
US$ in thousands
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | Monolithic Power Systems Inc. market (fair) value less invested capital. | Monolithic Power Systems Inc. MVA increased from 2021 to 2022 and from 2022 to 2023. |
MVA Spread Ratio
Monolithic Power Systems Inc., MVA spread ratio calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Market value added (MVA)1 | 32,988,993) | 21,172,552) | 20,245,269) | 16,853,639) | 6,331,852) | |
| Invested capital2 | 1,475,541) | 1,231,421) | 683,433) | 635,280) | 460,591) | |
| Performance Ratio | ||||||
| MVA spread ratio3 | 2,235.72% | 1,719.36% | 2,962.29% | 2,652.95% | 1,374.72% | |
| 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. | 117.77% | 103.56% | 117.94% | 210.89% | 164.19% | |
| Applied Materials Inc. | 671.06% | 515.59% | 815.05% | 555.54% | 482.20% | |
| Broadcom Inc. | 780.16% | 327.91% | 373.50% | 237.77% | 168.52% | |
| Intel Corp. | 136.50% | 56.17% | 138.47% | 204.49% | 286.44% | |
| KLA Corp. | 749.44% | 664.92% | 735.85% | 430.36% | 274.54% | |
| Lam Research Corp. | 511.21% | 404.85% | 617.13% | 423.68% | 264.92% | |
| Micron Technology Inc. | 65.44% | 17.24% | 80.72% | 54.74% | 45.95% | |
| NVIDIA Corp. | 2,593.21% | 3,533.65% | 2,455.53% | 1,247.78% | 1,774.44% | |
| Qualcomm Inc. | 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: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 MVA. See details »
2 Invested capital. See details »
3 2023 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 32,988,993 ÷ 1,475,541 = 2,235.72%
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. | Monolithic Power Systems Inc. MVA spread ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
MVA Margin
Monolithic Power Systems Inc., MVA margin calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Market value added (MVA)1 | 32,988,993) | 21,172,552) | 20,245,269) | 16,853,639) | 6,331,852) | |
| Revenue | 1,821,072) | 1,794,148) | 1,207,798) | 844,452) | 627,921) | |
| Performance Ratio | ||||||
| MVA margin2 | 1,811.52% | 1,180.09% | 1,676.21% | 1,995.81% | 1,008.38% | |
| Benchmarks | ||||||
| MVA Margin, Competitors3 | ||||||
| Advanced Micro Devices Inc. | 944.62% | 297.25% | 836.71% | 1,019.76% | 838.80% | |
| Analog Devices Inc. | 422.86% | 388.08% | 757.72% | 685.43% | 502.84% | |
| Applied Materials Inc. | 449.88% | 297.74% | 520.10% | 422.74% | 334.35% | |
| Broadcom Inc. | 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. | 595.30% | 562.17% | 725.25% | 482.13% | 383.29% | |
| Lam Research Corp. | 448.84% | 298.83% | 497.72% | 492.95% | 285.07% | |
| Micron Technology Inc. | 225.16% | 29.56% | 135.02% | 108.00% | 76.12% | |
| NVIDIA Corp. | 2,051.63% | 2,368.66% | 1,919.74% | 1,616.28% | 724.42% | |
| Qualcomm Inc. | 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: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 MVA. See details »
2 2023 Calculation
MVA margin = 100 × MVA ÷ Revenue
= 100 × 32,988,993 ÷ 1,821,072 = 1,811.52%
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. | Monolithic Power Systems Inc. MVA margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |