92.47 USD
+3.57 (+4.02%)
90.8 USD
-1.67 (-1.81%)
Overall MRVL gets a fundamental rating of 6 out of 10. We evaluated MRVL against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. MRVL has only an average score on both its financial health and profitability. MRVL is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes MRVL very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year MRVL was profitable.
In the past year MRVL had a positive cash flow from operations.
In the past 5 years MRVL always reported negative net income.
Each year in the past 5 years MRVL had a positive operating cash flow.
1.2 Ratios
MRVL has a better Return On Assets (11.47%) than 85.71% of its industry peers.
With an excellent Return On Equity value of 17.60%, MRVL belongs to the best of the industry, outperforming 83.04% of the companies in the same industry.
The Return On Invested Capital of MRVL (4.81%) is better than 63.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROIC | 4.81% |
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
MRVL's Profit Margin of 31.75% is amongst the best of the industry. MRVL outperforms 91.96% of its industry peers.
Looking at the Operating Margin, with a value of 14.72%, MRVL is in the better half of the industry, outperforming 72.32% of the companies in the same industry.
The Gross Margin of MRVL (50.69%) is better than 64.29% of its industry peers.
MRVL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.72% | ||
| PM (TTM) | 31.75% | ||
| GM | 50.69% |
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
MRVL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for MRVL remains at a similar level compared to 1 year ago.
The number of shares outstanding for MRVL has been increased compared to 5 years ago.
Compared to 1 year ago, MRVL has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.01 indicates that MRVL is not in any danger for bankruptcy at the moment.
MRVL has a better Altman-Z score (7.01) than 63.39% of its industry peers.
The Debt to FCF ratio of MRVL is 2.83, which is a good value as it means it would take MRVL, 2.83 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.83, MRVL is in the better half of the industry, outperforming 65.18% of the companies in the same industry.
MRVL has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
MRVL's Debt to Equity ratio of 0.28 is in line compared to the rest of the industry. MRVL outperforms 41.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 7.01 |
ROIC/WACC0.46
WACC10.4%
2.3 Liquidity
A Current Ratio of 2.01 indicates that MRVL has no problem at all paying its short term obligations.
The Current ratio of MRVL (2.01) is worse than 75.00% of its industry peers.
MRVL has a Quick Ratio of 1.64. This is a normal value and indicates that MRVL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.64, MRVL is doing worse than 69.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
MRVL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 85.31%, which is quite impressive.
Measured over the past years, MRVL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.92% on average per year.
The Revenue has grown by 44.95% in the past year. This is a very strong growth!
MRVL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.40% yearly.
EPS 1Y (TTM)85.31%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%76.74%
Revenue 1Y (TTM)44.95%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%36.83%
3.2 Future
The Earnings Per Share is expected to grow by 35.15% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 22.16% on average over the next years. This is a very strong growth
EPS Next Y82.6%
EPS Next 2Y47.96%
EPS Next 3Y38.77%
EPS Next 5Y35.15%
Revenue Next Year42.02%
Revenue Next 2Y28.43%
Revenue Next 3Y24.86%
Revenue Next 5Y22.16%
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 34.89 indicates a quite expensive valuation of MRVL.
Compared to the rest of the industry, the Price/Earnings ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 74.11% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. MRVL is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 26.90, which means the current valuation is very expensive for MRVL.
Based on the Price/Forward Earnings ratio, MRVL is valued a bit cheaper than 72.32% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.80, MRVL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.89 | ||
| Fwd PE | 26.9 |
4.2 Price Multiples
64.29% of the companies in the same industry are more expensive than MRVL, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MRVL is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.73 | ||
| EV/EBITDA | 32.77 |
4.3 Compensation for Growth
The 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 MRVL's earnings are expected to grow with 38.77% in the coming years.
PEG (NY)0.42
PEG (5Y)1.84
EPS Next 2Y47.96%
EPS Next 3Y38.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.27%, MRVL is not a good candidate for dividend investing.
MRVL's Dividend Yield is a higher than the industry average which is at 2.09.
With a Dividend Yield of 0.27, MRVL pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
5.2 History
The dividend of MRVL decreases each year by -0.14%.
MRVL has been paying a dividend for at least 10 years, so it has a reliable track record.
MRVL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
8.33% of the earnings are spent on dividend by MRVL. This is a low number and sustainable payout ratio.
DP8.33%
EPS Next 2Y47.96%
EPS Next 3Y38.77%
92.47
+3.57 (+4.02%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners84.62%
Inst Owner Change-0.23%
Ins Owners0.19%
Ins Owner Change0.56%
Market Cap78.42B
Revenue(TTM)7.79B
Net Income(TTM)2.47B
Analysts78.37
Price Target115.89 (25.33%)
Short Float %4.29%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.14%
DP8.33%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.84%
Min EPS beat(2)0.27%
Max EPS beat(2)1.41%
EPS beat(4)2
Avg EPS beat(4)0.14%
Min EPS beat(4)-0.87%
Max EPS beat(4)1.41%
EPS beat(8)3
Avg EPS beat(8)-0.55%
EPS beat(12)6
Avg EPS beat(12)-0.32%
EPS beat(16)7
Avg EPS beat(16)-0.53%
Revenue beat(2)0
Avg Revenue beat(2)-1.86%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.64%
Revenue beat(4)0
Avg Revenue beat(4)-1.39%
Min Revenue beat(4)-2.09%
Max Revenue beat(4)-0.74%
Revenue beat(8)1
Avg Revenue beat(8)-1.01%
Revenue beat(12)1
Avg Revenue beat(12)-0.91%
Revenue beat(16)1
Avg Revenue beat(16)-1.07%
PT rev (1m)26.63%
PT rev (3m)31.17%
EPS NQ rev (1m)3.7%
EPS NQ rev (3m)4.1%
EPS NY rev (1m)0.25%
EPS NY rev (3m)0.33%
Revenue NQ rev (1m)2.18%
Revenue NQ rev (3m)2.18%
Revenue NY rev (1m)0.28%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.89 | ||
| Fwd PE | 26.9 | ||
| P/S | 10.06 | ||
| P/FCF | 49.73 | ||
| P/OCF | 41.48 | ||
| P/B | 5.58 | ||
| P/tB | 112.11 | ||
| EV/EBITDA | 32.77 |
EPS(TTM)2.65
EY2.87%
EPS(NY)3.44
Fwd EY3.72%
FCF(TTM)1.86
FCFY2.01%
OCF(TTM)2.23
OCFY2.41%
SpS9.19
BVpS16.57
TBVpS0.82
PEG (NY)0.42
PEG (5Y)1.84
Graham Number31.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROCE | 6.09% | ||
| ROIC | 4.81% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 32.71% | ||
| OM | 14.72% | ||
| PM (TTM) | 31.75% | ||
| GM | 50.69% | ||
| FCFM | 20.23% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score8
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 24.16% | ||
| Cap/Sales | 4.03% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.28% | ||
| Profit Quality | 63.73% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 7.01 |
F-Score8
WACC10.4%
ROIC/WACC0.46
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)85.31%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%76.74%
EPS Next Y82.6%
EPS Next 2Y47.96%
EPS Next 3Y38.77%
EPS Next 5Y35.15%
Revenue 1Y (TTM)44.95%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%36.83%
Revenue Next Year42.02%
Revenue Next 2Y28.43%
Revenue Next 3Y24.86%
Revenue Next 5Y22.16%
EBIT growth 1Y292.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year90.43%
EBIT Next 3Y42.57%
EBIT Next 5Y34.57%
FCF growth 1Y85.34%
FCF growth 3Y30.02%
FCF growth 5Y38.4%
OCF growth 1Y60.86%
OCF growth 3Y27.07%
OCF growth 5Y36.08%
MARVELL TECHNOLOGY INC / MRVL FAQ
What is the fundamental rating for MRVL stock?
ChartMill assigns a fundamental rating of 6 / 10 to MRVL.
What is the valuation status of MARVELL TECHNOLOGY INC (MRVL) stock?
ChartMill assigns a valuation rating of 5 / 10 to MARVELL TECHNOLOGY INC (MRVL). This can be considered as Fairly Valued.
What is the profitability of MRVL stock?
MARVELL TECHNOLOGY INC (MRVL) has a profitability rating of 5 / 10.
How financially healthy is MARVELL TECHNOLOGY INC?
The financial health rating of MARVELL TECHNOLOGY INC (MRVL) is 5 / 10.
Is the dividend of MARVELL TECHNOLOGY INC sustainable?
The dividend rating of MARVELL TECHNOLOGY INC (MRVL) is 4 / 10 and the dividend payout ratio is 8.33%.