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MVA Calculator – Market Value Added

Calculate Market Value Added (MVA) — the difference between a company’s market value and the total capital invested in it.

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What is Market Value Added?

Market Value Added (MVA) measures the difference between the current total market value of a company (its equity plus debt) and the total capital that has been invested in it over time.

The formula

MVA = (Market Value of Equity + Market Value of Debt) − Total Invested Capital. A positive MVA means the company has created value for its capital providers beyond what they put in; a negative MVA means value has been destroyed.

This calculator is for general corporate finance education.

Last reviewed August 2026