MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
BIT:19MW - Euronext Milan - US5738741041 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to 19MW. 19MW was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. 19MW may be in some trouble as it scores bad on both profitability and health. 19MW shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
19MW had positive earnings in the past year.
In the past year 19MW had a positive cash flow from operations.
19MW had negative earnings in each of the past 5 years.
In the past 5 years 19MW always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -2.45%, 19MW is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
With a Return On Equity value of -3.69%, 19MW is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
19MW's Return On Invested Capital of 0.18% is on the low side compared to the rest of the industry. 19MW is outperformed by 81.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.45% | ||
| ROE | -3.69% | ||
| ROIC | 0.18% |
ROA(3y)-3.17%
ROA(5y)-2.8%
ROE(3y)-4.64%
ROE(5y)-3.98%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
19MW's Operating Margin of 0.62% is on the low side compared to the rest of the industry. 19MW is outperformed by 85.00% of its industry peers.
With a Gross Margin value of 43.17%, 19MW perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
In the last couple of years the Gross Margin of 19MW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.62% | ||
| PM (TTM) | N/A | ||
| GM | 43.17% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.69%
GM growth 5Y-3.85%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 19MW is destroying value.
19MW has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for 19MW has been increased compared to 5 years ago.
19MW has a worse debt/assets ratio than last year.
2.2 Solvency
19MW has an Altman-Z score of 6.21. This indicates that 19MW is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 6.21, 19MW perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of 19MW is 3.09, which is a good value as it means it would take 19MW, 3.09 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 19MW (3.09) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.22 indicates that 19MW is not too dependend on debt financing.
The Debt to Equity ratio of 19MW (0.22) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 6.21 |
ROIC/WACC0.02
WACC11.13%
2.3 Liquidity
19MW has a Current Ratio of 1.30. This is a normal value and indicates that 19MW is financially healthy and should not expect problems in meeting its short term obligations.
19MW's Current ratio of 1.30 is on the low side compared to the rest of the industry. 19MW is outperformed by 83.33% of its industry peers.
A Quick Ratio of 0.94 indicates that 19MW may have some problems paying its short term obligations.
With a Quick ratio value of 0.94, 19MW is not doing good in the industry: 78.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
19MW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.42%, which is quite impressive.
The Earnings Per Share has been growing by 18.92% on average over the past years. This is quite good.
19MW shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.60%.
Measured over the past years, 19MW shows a quite strong growth in Revenue. The Revenue has been growing by 16.40% on average per year.
EPS 1Y (TTM)35.42%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%158.33%
Revenue 1Y (TTM)21.6%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%63.26%
3.2 Future
Based on estimates for the next years, 19MW will show a very strong growth in Earnings Per Share. The EPS will grow by 34.12% on average per year.
19MW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.60% yearly.
EPS Next Y82.13%
EPS Next 2Y53.36%
EPS Next 3Y41.37%
EPS Next 5Y34.12%
Revenue Next Year43.61%
Revenue Next 2Y30.14%
Revenue Next 3Y25.73%
Revenue Next 5Y22.6%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 39.32 indicates a quite expensive valuation of 19MW.
19MW's Price/Earnings ratio is a bit more expensive when compared to the industry. 19MW is more expensive than 70.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.48, 19MW is valued a bit more expensive.
19MW is valuated rather expensively with a Price/Forward Earnings ratio of 20.72.
The rest of the industry has a similar Price/Forward Earnings ratio as 19MW.
When comparing the Price/Forward Earnings ratio of 19MW to the average of the S&P500 Index (34.04), we can say 19MW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.32 | ||
| Fwd PE | 20.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 19MW indicates a rather expensive valuation: 19MW more expensive than 86.67% of the companies listed in the same industry.
19MW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.14 | ||
| EV/EBITDA | 49.88 |
4.3 Compensation for Growth
19MW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as 19MW's earnings are expected to grow with 41.37% in the coming years.
PEG (NY)0.48
PEG (5Y)2.08
EPS Next 2Y53.36%
EPS Next 3Y41.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, 19MW is not a good candidate for dividend investing.
19MW's Dividend Yield is comparable with the industry average which is at 1.35.
Compared to an average S&P500 Dividend Yield of 2.39, 19MW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of 19MW decreases each year by -0.14%.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
19MW has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-42.22%
EPS Next 2Y53.36%
EPS Next 3Y41.37%
BIT:19MW (8/4/2025, 7:00:00 PM)
65.67
+0.44 (+0.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners88.14%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap56.62B
Analysts82.13
Price Target79.53 (21.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.21
Dividend Growth(5Y)-0.14%
DP-42.22%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.56%
Min EPS beat(2)-0.87%
Max EPS beat(2)-0.25%
EPS beat(4)1
Avg EPS beat(4)0.35%
Min EPS beat(4)-1.06%
Max EPS beat(4)3.57%
EPS beat(8)3
Avg EPS beat(8)-0.7%
EPS beat(12)4
Avg EPS beat(12)-0.94%
EPS beat(16)7
Avg EPS beat(16)0.36%
Revenue beat(2)0
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-1.08%
Max Revenue beat(2)-0.74%
Revenue beat(4)1
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-1.08%
Max Revenue beat(4)2.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.77%
Revenue beat(12)1
Avg Revenue beat(12)-1.02%
Revenue beat(16)2
Avg Revenue beat(16)-0.77%
PT rev (1m)-2.43%
PT rev (3m)-13.54%
EPS NQ rev (1m)-0.68%
EPS NQ rev (3m)-1.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.32 | ||
| Fwd PE | 20.72 | ||
| P/S | 10.14 | ||
| P/FCF | 48.14 | ||
| P/OCF | 39.03 | ||
| P/B | 4.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 49.88 |
EPS(TTM)1.67
EY2.54%
EPS(NY)3.17
Fwd EY4.83%
FCF(TTM)1.36
FCFY2.08%
OCF(TTM)1.68
OCFY2.56%
SpS6.47
BVpS13.26
TBVpS-0.57
PEG (NY)0.48
PEG (5Y)2.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.45% | ||
| ROE | -3.69% | ||
| ROCE | 0.23% | ||
| ROIC | 0.18% | ||
| ROICexc | 0.19% | ||
| ROICexgc | 1.3% | ||
| OM | 0.62% | ||
| PM (TTM) | N/A | ||
| GM | 43.17% | ||
| FCFM | 21.07% |
ROA(3y)-3.17%
ROA(5y)-2.8%
ROE(3y)-4.64%
ROE(5y)-3.98%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.69%
GM growth 5Y-3.85%
F-Score7
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.09 | ||
| Debt/EBITDA | 2.14 | ||
| Cap/Depr | 23.68% | ||
| Cap/Sales | 4.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 121.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 6.21 |
F-Score7
WACC11.13%
ROIC/WACC0.02
Cap/Depr(3y)20.72%
Cap/Depr(5y)19.16%
Cap/Sales(3y)5.03%
Cap/Sales(5y)4.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.42%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%158.33%
EPS Next Y82.13%
EPS Next 2Y53.36%
EPS Next 3Y41.37%
EPS Next 5Y34.12%
Revenue 1Y (TTM)21.6%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%63.26%
Revenue Next Year43.61%
Revenue Next 2Y30.14%
Revenue Next 3Y25.73%
Revenue Next 5Y22.6%
EBIT growth 1Y108.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year91.85%
EBIT Next 3Y40.45%
EBIT Next 5Y34.57%
FCF growth 1Y34.19%
FCF growth 3Y30.02%
FCF growth 5Y38.4%
OCF growth 1Y29.73%
OCF growth 3Y27.07%
OCF growth 5Y36.08%