Stock Analysis on Net

PayPal Holdings Inc. (NASDAQ:PYPL)

This company has been moved to the archive! The financial data has not been updated since May 9, 2023.

Market Value Added (MVA)

Microsoft Excel

MVA

PayPal Holdings Inc., MVA calculation

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Fair value of debt1 9,991 9,398 9,700 5,000 1,998
Operating lease liability 720 762 786 507 586
Market value of common equity 91,415 144,810 315,562 140,626 106,586
Preferred stock, $0.0001 par value; unissued
Noncontrolling interest 44 44
Market (fair) value of PayPal 102,126 154,970 326,092 146,177 109,170
Less: Invested capital2 31,496 31,317 30,260 22,276 17,780
MVA 70,630 123,653 295,832 123,901 91,390

Based on: 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), 10-K (reporting date: 2018-12-31).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA PayPal Holdings Inc. market (fair) value less invested capital. PayPal Holdings Inc. MVA decreased from 2020 to 2021 and from 2021 to 2022.

MVA Spread Ratio

PayPal Holdings Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Market value added (MVA)1 70,630 123,653 295,832 123,901 91,390
Invested capital2 31,496 31,317 30,260 22,276 17,780
Performance Ratio
MVA spread ratio3 224.25% 394.84% 977.63% 556.21% 514.02%
Benchmarks
MVA Spread Ratio, Competitors4
Accenture PLC 442.58% 739.74% 550.21% 505.40%
Adobe Inc. 658.07% 1,033.13% 1,082.99% 884.94% 680.30%
Autodesk Inc. 541.13% 941.72% 538.60% 712.11%
Cadence Design Systems Inc. 1,302.22% 1,110.87% 1,232.57% 792.57%
CrowdStrike Holdings Inc. 1,273.85% 1,618.34% 1,449.48%
International Business Machines Corp. 60.20% 54.96% 39.12% 47.78%
Intuit Inc. 406.80% 1,175.12% 976.09% 1,553.30%
Microsoft Corp. 956.02% 1,383.21% 1,315.93% 962.41%
Oracle Corp. 224.95% 260.27% 180.84% 220.64%
Palo Alto Networks Inc. 559.27% 573.47% 267.90% 424.76%
Salesforce Inc. 150.31% 270.75% 226.93% 326.41%
ServiceNow Inc. 1,276.80% 1,798.18% 2,575.52% 2,192.76%
Synopsys Inc. 565.55% 707.79% 468.10% 272.11% 150.54%

Based on: 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), 10-K (reporting date: 2018-12-31).

1 MVA. See details »

2 Invested capital. See details »

3 2022 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 70,630 ÷ 31,496 = 224.25%

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. PayPal Holdings Inc. MVA spread ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

MVA Margin

PayPal Holdings Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Market value added (MVA)1 70,630 123,653 295,832 123,901 91,390
Net revenues 27,518 25,371 21,454 17,772 15,451
Performance Ratio
MVA margin2 256.67% 487.38% 1,378.91% 697.17% 591.48%
Benchmarks
MVA Margin, Competitors3
Accenture PLC 213.17% 379.26% 279.96% 233.58%
Adobe Inc. 766.46% 1,287.44% 1,554.19% 1,330.31% 1,114.60%
Autodesk Inc. 767.95% 1,300.77% 711.47% 1,160.93%
Cadence Design Systems Inc. 1,299.21% 1,128.47% 1,241.37% 769.46%
CrowdStrike Holdings Inc. 1,995.27% 3,362.60% 1,272.66%
International Business Machines Corp. 104.54% 104.85% 68.01% 81.54%
Intuit Inc. 782.89% 1,489.94% 1,098.60% 1,034.92%
Microsoft Corp. 916.17% 1,148.11% 976.86% 711.95%
Oracle Corp. 412.88% 514.72% 411.93% 401.82%
Palo Alto Networks Inc. 651.57% 771.68% 434.92% 469.62%
Salesforce Inc. 417.33% 620.94% 558.53% 642.57%
ServiceNow Inc. 1,026.06% 1,555.49% 2,101.04% 1,606.91%
Synopsys Inc. 796.87% 1,126.17% 803.94% 470.26% 256.95%

Based on: 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), 10-K (reporting date: 2018-12-31).

1 MVA. See details »

2 2022 Calculation
MVA margin = 100 × MVA ÷ Net revenues
= 100 × 70,630 ÷ 27,518 = 256.67%

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. PayPal Holdings Inc. MVA margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022.