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
PepsiCo Inc., MVA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).
1 Fair value of debt. See details »
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | PepsiCo Inc. market (fair) value less invested capital. | PepsiCo Inc. MVA decreased from 2022 to 2023 and from 2023 to 2024. |
MVA Spread Ratio
PepsiCo Inc., MVA spread ratio calculation, comparison to benchmarks
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Market value added (MVA)1 | 162,937) | 199,211) | 205,655) | 207,863) | 166,565) | |
| Invested capital2 | 76,674) | 75,038) | 69,452) | 69,829) | 70,066) | |
| Performance Ratio | ||||||
| MVA spread ratio3 | 212.51% | 265.48% | 296.11% | 297.67% | 237.73% | |
| Benchmarks | ||||||
| MVA Spread Ratio, Competitors4 | ||||||
| Coca-Cola Co. | 291.19% | 258.44% | 267.55% | 289.24% | 244.21% | |
| Mondelēz International Inc. | 50.91% | 97.98% | 73.56% | 85.16% | 65.69% | |
| Philip Morris International Inc. | 464.34% | 264.66% | 327.03% | 582.70% | 437.24% | |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).
1 MVA. See details »
2 Invested capital. See details »
3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 162,937 ÷ 76,674 = 212.51%
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. | PepsiCo Inc. MVA spread ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
MVA Margin
PepsiCo Inc., MVA margin calculation, comparison to benchmarks
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Market value added (MVA)1 | 162,937) | 199,211) | 205,655) | 207,863) | 166,565) | |
| Net revenue | 91,854) | 91,471) | 86,392) | 79,474) | 70,372) | |
| Performance Ratio | ||||||
| MVA margin2 | 177.39% | 217.79% | 238.05% | 261.55% | 236.69% | |
| Benchmarks | ||||||
| MVA Margin, Competitors3 | ||||||
| Coca-Cola Co. | 537.42% | 471.88% | 497.46% | 600.94% | 559.78% | |
| Mondelēz International Inc. | 84.21% | 167.29% | 149.09% | 182.53% | 151.66% | |
| Philip Morris International Inc. | 593.20% | 387.06% | 488.72% | 543.05% | 486.98% | |
Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).
1 MVA. See details »
2 2024 Calculation
MVA margin = 100 × MVA ÷ Net revenue
= 100 × 162,937 ÷ 91,854 = 177.39%
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. | PepsiCo Inc. MVA margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |