80.23 USD
-2.87 (-3.45%)
80.31 USD
+0.08 (+0.1%)
Overall MRVL gets a fundamental rating of 6 out of 10. We evaluated MRVL against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. MRVL has an average financial health and profitability rating. MRVL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make MRVL a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
- In the past year MRVL was profitable.
- MRVL had a positive operating cash flow in the past year.
- In the past 5 years MRVL always reported negative net income.
- MRVL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MRVL has a better Return On Assets (11.47%) than 84.07% of its industry peers.
- The Return On Equity of MRVL (17.60%) is better than 82.30% of its industry peers.
- The Return On Invested Capital of MRVL (4.81%) is better than 62.83% 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 has a Profit Margin of 31.75%. This is amongst the best in the industry. MRVL outperforms 91.15% of its industry peers.
- MRVL's Operating Margin of 14.72% is fine compared to the rest of the industry. MRVL outperforms 71.68% of its industry peers.
- MRVL has a Gross Margin of 50.69%. This is in the better half of the industry: MRVL outperforms 64.60% 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MRVL is destroying value.
- MRVL has about the same amout of shares outstanding than it did 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
- MRVL has an Altman-Z score of 6.38. This indicates that MRVL is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of MRVL (6.38) is better than 61.95% of its industry peers.
- MRVL has a debt to FCF ratio of 2.83. This is a good value and a sign of high solvency as MRVL would need 2.83 years to pay back of 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 64.60% 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 42.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 6.38 |
ROIC/WACC0.45
WACC10.7%
2.3 Liquidity
- A Current Ratio of 2.01 indicates that MRVL has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.01, MRVL is doing worse than 74.34% of the companies in the same industry.
- A Quick Ratio of 1.64 indicates that MRVL should not have too much problems paying its short term obligations.
- MRVL's Quick ratio of 1.64 is on the low side compared to the rest of the industry. MRVL is outperformed by 69.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 85.31% over the past year.
- 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.
- MRVL shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.95%.
- Measured over the past years, MRVL shows a quite strong growth in Revenue. The Revenue has been growing by 16.40% on average per year.
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
- MRVL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.91% yearly.
- MRVL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.79% yearly.
EPS Next Y83.87%
EPS Next 2Y52.61%
EPS Next 3Y46%
EPS Next 5Y41.91%
Revenue Next Year42.51%
Revenue Next 2Y31.85%
Revenue Next 3Y30.13%
Revenue Next 5Y24.79%
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
- Based on the Price/Earnings ratio of 30.28, the valuation of MRVL can be described as expensive.
- 81.42% of the companies in the same industry are more expensive than MRVL, based on the Price/Earnings ratio.
- MRVL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 21.94, the valuation of MRVL can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, MRVL is valued cheaper than 84.07% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. MRVL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.28 | ||
| Fwd PE | 21.94 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 69.03% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 76.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.15 | ||
| EV/EBITDA | 29.52 |
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.
- MRVL's earnings are expected to grow with 46.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)1.6
EPS Next 2Y52.61%
EPS Next 3Y46%
5. Dividend
5.1 Amount
- MRVL has a yearly dividend return of 0.30%, which is pretty low.
- Compared to an average industry Dividend Yield of 0.51, MRVL pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.30, MRVL pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
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
- MRVL pays out 8.33% of its income as dividend. This is a sustainable payout ratio.
DP8.33%
EPS Next 2Y52.61%
EPS Next 3Y46%
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 for MRVL stock?
ChartMill assigns a valuation rating of 6 / 10 to MARVELL TECHNOLOGY INC (MRVL). This can be considered as Fairly Valued.
Can you provide the profitability details for MARVELL TECHNOLOGY INC?
MARVELL TECHNOLOGY INC (MRVL) has a profitability rating of 5 / 10.
What is the financial health of MARVELL TECHNOLOGY INC (MRVL) stock?
The financial health rating of MARVELL TECHNOLOGY INC (MRVL) is 5 / 10.
Can you provide the dividend sustainability for MRVL stock?
The dividend rating of MARVELL TECHNOLOGY INC (MRVL) is 4 / 10 and the dividend payout ratio is 8.33%.