6-2. Market value added = Market value added = (Price per share - book value per share) * (# of shares) Enterprise value Year Market Capitalization of equity market value of equity+ short & long-term debt - cash 2020 204,944.00 2019 285,479.00 2018 207,714.00 2017 2016 238,684.00 261,177.00 Book value of equity Market value added of equity Market value of firm Total asset of firm (book value) 161,673.00 184,221.00 184,089.00 140,861.00 123,135.00 43,271.00 101,258.00 23,625.00 97,823.00 138,042.00 374,651.00 458,300.00 379,015.00 352,532.00 378,902.00 525,761.00 551,669.00 531,864.00 444,097.00 403,821.00 1. Coment the market value added and it's repercutions for the company