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
e.l.f. Beauty, Inc., MVA calculation
US$ in thousands
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 Fair value of debt. See details »
2 Invested capital. See details »
| Item | Description | The company |
|---|---|---|
| MVA | e.l.f. Beauty, Inc. market (fair) value less invested capital. | e.l.f. Beauty, Inc. MVA increased from 2022 to 2023 and from 2023 to 2024. |
MVA Spread Ratio
e.l.f. Beauty, Inc., MVA spread ratio calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Market value added (MVA)1 | 9,691,003) | 5,196,387) | 966,159) | 1,190,159) | 563,811) | |
| Invested capital2 | 936,268) | 496,463) | 439,123) | 434,062) | 418,026) | |
| Performance Ratio | ||||||
| MVA spread ratio3 | 1,035.07% | 1,046.68% | 220.02% | 274.19% | 134.87% | |
| Benchmarks | ||||||
| MVA Spread Ratio, Competitors4 | ||||||
| Procter & Gamble Co. | 339.01% | 315.48% | 302.90% | 298.89% | 265.73% | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 MVA. See details »
2 Invested capital. See details »
3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 9,691,003 ÷ 936,268 = 1,035.07%
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. | e.l.f. Beauty, Inc. MVA spread ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
MVA Margin
e.l.f. Beauty, Inc., MVA margin calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Market value added (MVA)1 | 9,691,003) | 5,196,387) | 966,159) | 1,190,159) | 563,811) | |
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Performance Ratio | ||||||
| MVA margin2 | 946.45% | 897.72% | 246.37% | 374.13% | 199.33% | |
| Benchmarks | ||||||
| MVA Margin, Competitors3 | ||||||
| Procter & Gamble Co. | 393.88% | 371.43% | 354.79% | 373.41% | 378.64% | |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
1 MVA. See details »
2 2024 Calculation
MVA margin = 100 × MVA ÷ Net sales
= 100 × 9,691,003 ÷ 1,023,932 = 946.45%
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. | e.l.f. Beauty, Inc. MVA margin ratio improved from 2022 to 2023 and from 2023 to 2024. |