MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
BIT:19MW - Euronext Milan - US5738741041 - Common Stock - Currency: EUR
Overall 19MW gets a fundamental rating of 4 out of 10. We evaluated 19MW against 55 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of 19MW have multiple concerns. 19MW is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year 19MW was profitable.
19MW had a positive operating cash flow in the past year.
In the past 5 years 19MW always reported negative net income.
In the past 5 years 19MW always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.45%, 19MW is doing worse than 85.45% of the companies in the same industry.
With a Return On Equity value of -3.69%, 19MW is not doing good in the industry: 83.64% of the companies in the same industry are doing better.
The Return On Invested Capital of 19MW (0.18%) is worse than 80.00% 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 has a Operating Margin of 0.62%. This is amonst the worse of the industry: 19MW underperforms 83.64% of its industry peers.
Looking at the Gross Margin, with a value of 43.17%, 19MW is in line with its industry, outperforming 43.64% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
Compared to 1 year ago, 19MW has a worse debt to assets ratio.
2.2 Solvency
19MW has an Altman-Z score of 5.74. This indicates that 19MW is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of 19MW (5.74) is comparable to the rest of the 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.
Looking at the Debt to FCF ratio, with a value of 3.09, 19MW is in line with its industry, outperforming 47.27% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that 19MW is not too dependend on debt financing.
19MW has a Debt to Equity ratio (0.22) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 5.74 |
ROIC/WACC0.02
WACC9.89%
2.3 Liquidity
A Current Ratio of 1.30 indicates that 19MW should not have too much problems paying its short term obligations.
19MW has a Current ratio of 1.30. This is amonst the worse of the industry: 19MW underperforms 85.45% of its industry peers.
A Quick Ratio of 0.94 indicates that 19MW may have some problems paying its short term obligations.
19MW has a worse Quick ratio (0.94) than 81.82% of its industry peers.
| 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.
Measured over the past years, 19MW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.92% on average per year.
19MW shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.60%.
The Revenue has been growing by 16.40% on average over the past years. This is quite good.
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.
The Revenue is expected to grow by 22.60% on average over the next years. This is a very strong growth
EPS Next Y82.02%
EPS Next 2Y53.36%
EPS Next 3Y41.09%
EPS Next 5Y34.12%
Revenue Next Year44.94%
Revenue Next 2Y30.14%
Revenue Next 3Y25.55%
Revenue Next 5Y22.6%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 38.09, 19MW can be considered very expensive at the moment.
19MW's Price/Earnings ratio is a bit more expensive when compared to the industry. 19MW is more expensive than 65.45% of the companies in the same industry.
19MW's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.34.
19MW is valuated rather expensively with a Price/Forward Earnings ratio of 20.06.
19MW's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of 19MW to the average of the S&P500 Index (22.19), we can say 19MW is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.09 | ||
| Fwd PE | 20.06 |
4.2 Price Multiples
19MW's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. 19MW is more expensive than 89.09% of the companies in the same industry.
61.82% of the companies in the same industry are more expensive than 19MW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.7 | ||
| EV/EBITDA | 46.07 |
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 41.09% in the coming years.
PEG (NY)0.46
PEG (5Y)2.01
EPS Next 2Y53.36%
EPS Next 3Y41.09%
5. Dividend
5.1 Amount
19MW has a yearly dividend return of 0.34%, which is pretty low.
Compared to an average industry Dividend Yield of 1.28, 19MW has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, 19MW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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 3Y41.09%
BIT:19MW (6/19/2025, 7:00:00 PM)
64.37
+5.27 (+8.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners87.2%
Inst Owner ChangeN/A
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap55.60B
Analysts83.04
Price Target82.13 (27.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
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)-12.05%
PT rev (3m)-34%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)-0.16%
EPS NY rev (1m)0%
EPS NY rev (3m)1.89%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)1.19%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.09 | ||
| Fwd PE | 20.06 | ||
| P/S | 9.84 | ||
| P/FCF | 46.7 | ||
| P/OCF | 37.87 | ||
| P/B | 4.81 | ||
| P/tB | N/A | ||
| EV/EBITDA | 46.07 |
EPS(TTM)1.69
EY2.63%
EPS(NY)3.21
Fwd EY4.98%
FCF(TTM)1.38
FCFY2.14%
OCF(TTM)1.7
OCFY2.64%
SpS6.54
BVpS13.39
TBVpS-0.58
PEG (NY)0.46
PEG (5Y)2.01
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 | 5.74 |
F-Score7
WACC9.89%
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 Y82.02%
EPS Next 2Y53.36%
EPS Next 3Y41.09%
EPS Next 5Y34.12%
Revenue 1Y (TTM)21.6%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%63.26%
Revenue Next Year44.94%
Revenue Next 2Y30.14%
Revenue Next 3Y25.55%
Revenue Next 5Y22.6%
EBIT growth 1Y108.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year91.8%
EBIT Next 3Y40.26%
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%