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
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 | Tesla Inc. market (fair) value less invested capital. | Tesla Inc. MVA increased from 2022 to 2023 and from 2023 to 2024. |
MVA Spread Ratio
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 | 1,213,928) | 546,877) | 499,661) | 909,546) | 826,976) | |
Invested capital2 | 67,545) | 59,453) | 49,621) | 40,247) | 39,217) | |
Performance Ratio | ||||||
MVA spread ratio3 | 1,797.21% | 919.85% | 1,006.95% | 2,259.91% | 2,108.72% | |
Benchmarks | ||||||
MVA Spread Ratio, Competitors4 | ||||||
Ford Motor Co. | -1.53% | 7.92% | 4.13% | 17.80% | 11.46% | |
General Motors Co. | -9.11% | -10.71% | -7.65% | 14.16% | 25.91% |
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 × 1,213,928 ÷ 67,545 = 1,797.21%
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. | Tesla Inc. MVA spread ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
MVA Margin
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 | 1,213,928) | 546,877) | 499,661) | 909,546) | 826,976) | |
Revenues | 97,690) | 96,773) | 81,462) | 53,823) | 31,536) | |
Add: Increase (decrease) in deferred revenue | 370) | 1,564) | 1,052) | 757) | 372) | |
Adjusted revenues | 98,060) | 98,337) | 82,514) | 54,580) | 31,908) | |
Performance Ratio | ||||||
MVA margin2 | 1,237.94% | 556.13% | 605.55% | 1,666.45% | 2,591.75% | |
Benchmarks | ||||||
MVA Margin, Competitors3 | ||||||
Ford Motor Co. | -1.65% | 8.29% | 4.54% | 22.52% | 16.79% | |
General Motors Co. | -10.22% | -12.25% | -9.11% | 20.89% | 36.55% |
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 × 1,213,928 ÷ 98,060 = 1,237.94%
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. | Tesla Inc. MVA margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |