Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Market Value Added (MVA)

Microsoft Excel

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

T-Mobile US Inc., MVA calculation

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Fair value of short-term and long-term debt, including financing lease liabilities1 74,473 72,912 66,750 80,952 80,707
Operating lease liability 29,689 31,795 33,367 29,243 30,587
Market value of common equity 265,992 192,011 179,847 155,512 148,167
Market (fair) value of T-Mobile 370,154 296,718 279,964 265,707 259,461
Less: Invested capital2 187,599 186,258 186,262 184,079 177,902
MVA 182,555 110,460 93,702 81,628 81,559

Based on: 10-K (reporting date: 2024-12-31), 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).

1 Fair value of debt. See details »

2 Invested capital. See details »

Item Description The company
MVA T-Mobile US Inc. market (fair) value less invested capital. T-Mobile US Inc. MVA increased from 2022 to 2023 and from 2023 to 2024.

MVA Spread Ratio

T-Mobile US Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Market value added (MVA)1 182,555 110,460 93,702 81,628 81,559
Invested capital2 187,599 186,258 186,262 184,079 177,902
Performance Ratio
MVA spread ratio3 97.31% 59.31% 50.31% 44.34% 45.84%
Benchmarks
MVA Spread Ratio, Competitors4
AT&T Inc. 5.96% -12.02% -5.96% -5.92% 5.21%
Verizon Communications Inc. 8.93% 11.71% 11.26% 45.66% 67.24%

Based on: 10-K (reporting date: 2024-12-31), 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).

1 MVA. See details »

2 Invested capital. See details »

3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 182,555 ÷ 187,599 = 97.31%

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. T-Mobile US Inc. MVA spread ratio improved from 2022 to 2023 and from 2023 to 2024.

MVA Margin

T-Mobile US Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Market value added (MVA)1 182,555 110,460 93,702 81,628 81,559
 
Revenues 81,400 78,558 79,571 80,118 68,397
Add: Increase (decrease) in deferred revenue 397 45 (76) (174) 399
Adjusted revenues 81,797 78,603 79,495 79,944 68,796
Performance Ratio
MVA margin2 223.18% 140.53% 117.87% 102.11% 118.55%
Benchmarks
MVA Margin, Competitors3
AT&T Inc. 15.31% -32.02% -15.28% -15.39% 12.49%
Verizon Communications Inc. 20.40% 26.61% 24.82% 99.10% 129.83%

Based on: 10-K (reporting date: 2024-12-31), 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).

1 MVA. See details »

2 2024 Calculation
MVA margin = 100 × MVA ÷ Adjusted revenues
= 100 × 182,555 ÷ 81,797 = 223.18%

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. T-Mobile US Inc. MVA margin ratio improved from 2022 to 2023 and from 2023 to 2024.