Relationship To Market Value Added
The firm's market value added, or MVA, is the discounted sum (present value) of all future expected economic value added:
Note that MVA = PV of EVA.
More enlightening is that since MVA = NPV of Free cash flow (FCF) it follows therefore that the
NPV of FCF = PV of EVA;
since after all, EVA is simply the re-arrangement of the FCF formula.
Read more about this topic: Economic Value Added
Famous quotes containing the words relationship to, relationship, market and/or added:
“... the Wall became a magnet for citizens of every generation, class, race, and relationship to the war perhaps because it is the only great public monument that allows the anesthetized holes in the heart to fill with a truly national grief.”
—Adrienne Rich (b. 1929)
“There is a relationship between cartooning and people like Miró and Picasso which may not be understood by the cartoonist, but it definitely is related even in the early Disney.”
—Roy Lichtenstein (b. 1923)
“To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.”
—Elizabeth Cady Stanton (1815–1902)
“There can be no knowledge without emotion. We may be aware of a truth, yet until we have felt its force, it is not ours. To the cognition of the brain must be added the experience of the soul.”
—Arnold Bennett (1867–1931)