Economic Value Added

Measure how much value a company creates above its required return on invested capital — positive EVA signals true shareholder value creation.

Financial Inputs

Operating profit after taxes, excluding financing costs

Total capital invested in the business (equity + debt)

Blended cost of debt and equity capital

About EVA

Economic Value Added measures whether a company generates returns above its cost of capital. Positive EVA indicates value creation; negative EVA indicates value destruction.

Results

Economic Value Added

Capital Charge

Return on Invested Capital

WACC:

Interpretation

Formula

EVA = NOPAT - (Invested Capital x WACC)

Positive EVA means the company earns more than its cost of capital, creating shareholder value.

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