Abstract: The object of the present invention is to provide a market efficiency value added (MEVA) for appropriately evaluating an operating department of an enterprise or a new business to be started. The present invention causes a computer to perform the operations of: obtaining a capital composition by use of a bankruptcy probability based on a distribution of ratios of earnings to amounts of invested money; obtaining a capital cost ratio based on the capital composition, a debt cost, and a shareholders' equity cost; and obtaining an MEVA from the capital cost ratio based on an after-tax operating profit; whereby the present invention sets an MEVA evaluation period to indicates an MEVA based on an after-tax operating profit of each business operation.

Abstract: A computer is used to perform the calculations for obtaining a capital composition corresponding to a predetermined default probability based on a probability distribution of a return on investment, a weighted average cost of capital based on the capital composition, a borrowing cost, and an equity cost, and a market efficiency value added from the weighted average cost of capital and a net operating profit after tax. The market efficiency value added obtained through these calculations is then displayed appropriately so as to provide support in decision-making.

Abstract: The object of the present invention is to provide a market efficiency value added (MEVA) for appropriately evaluating an operating department of an enterprise or a new business to be started. The present invention causes a computer to perform the operations of: obtaining a capital composition by use of a bankruptcy probability based on a distribution of ratios of earnings to amounts of invested money; obtaining a capital cost ratio based on the capital composition, a debt cost, and a shareholders' equity cost; and obtaining an MEVA from the capital cost ratio based on an after-tax operating profit; whereby the present invention sets an MEVA evaluation period to indicates an MEVA based on an after-tax operating profit of each business operation.

Abstract: A computer is used to perform the calculations of obtaining: a required capital composition (an optimum debt/equity ratio) of an invested capital with a corresponding default probability based on a probability distribution of a return on investment; a weighted average cost of capital based on the capital composition, a borrowing cost, and an equity cost; a market efficiency value added from the weighted average cost of capital based on a net operating profit after tax; a socio-environmental value added that represents, in value terms, a social contribution of an enterprise not directly listed in financial statements; and a future inspiration value by adding the socio-environmental value added to the market efficiency value added. This allows business performance to be evaluated appropriately and adequately.