Intellectual Property

MVA

     Market Value Added

Market Value Added measures the difference between the market value of the firm (Debt and Equity) and the amount of Capital invested. Equivalently, MVA equals the present value of future expected EVA®. Firms that trade at premiums to invested Capital have positive MVA, while those trading below invested Capital have negative MVA. Stern Stewart & Co. has compiled MVA Rankings to tally wealth creation across the universe of publicly traded firms.