learn.howToCalculate
learn.whatIsHeading
EVA measures true economic profit: (NOPAT) - (Invested Capital × WACC). Shows value creation above cost of capital.
Formule
EVA = NOPAT - (IC × WACC)
- EVA
- value creation — value creation
- IC
- IC value — Variable used in the calculation
Guide étape par étape
- 1Calculate NOPAT and invested capital
- 2Determine WACC
- 3EVA = NOPAT - (IC × WACC)
- 4Positive EVA = value creation
Exemples résolus
Entrée
NOPAT $100M, IC $1B, WACC 8%
Résultat
EVA = $100M - $80M = $20M (creating $20M annual value)
Better than raw profit
Erreurs courantes à éviter
- ✕Using EBIT without adjustments
- ✕Neglecting non-operating items
Questions fréquentes
Why is EVA better than accounting profit?
Accounts for cost of capital; many profitable companies actually destroy value.
Prêt à calculer ? Essayez la calculatrice gratuite Economic Value Added
Essayez-le vous-même →