MARVELL TECHNOLOGY INC (MRVL) Stock Fundamental Analysis
NASDAQ:MRVL - Nasdaq - US5738741041 - Common Stock - Currency: USD
Overall MRVL gets a fundamental rating of 5 out of 10. We evaluated MRVL against 110 industry peers in the Semiconductors & Semiconductor Equipment industry. MRVL scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MRVL is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
MRVL had positive earnings in the past year.
MRVL had a positive operating cash flow in the past year.
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
The Return On Assets of MRVL (-2.45%) is worse than 63.64% of its industry peers.
MRVL has a Return On Equity of -3.69%. This is in the lower half of the industry: MRVL underperforms 62.73% of its industry peers.
MRVL has a Return On Invested Capital of 0.19%. This is comparable to the rest of the industry: MRVL outperforms 46.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.45% | ||
| ROE | -3.69% | ||
| ROIC | 0.19% |
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
With a Operating Margin value of 0.62%, MRVL perfoms like the industry average, outperforming 47.27% of the companies in the same industry.
The Gross Margin of MRVL (43.17%) is comparable to the rest of the industry.
MRVL's Gross Margin has declined in the last couple of years.
| 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), MRVL 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
MRVL has an Altman-Z score of 6.43. This indicates that MRVL is financially healthy and has little risk of bankruptcy at the moment.
MRVL has a Altman-Z score of 6.43. This is in the better half of the industry: MRVL outperforms 66.36% of its industry peers.
The Debt to FCF ratio of MRVL is 3.09, which is a good value as it means it would take MRVL, 3.09 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.09, MRVL is doing good in the industry, outperforming 60.91% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that MRVL is not too dependend on debt financing.
MRVL 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 | 6.43 |
ROIC/WACC0.02
WACC11.28%
2.3 Liquidity
MRVL has a Current Ratio of 1.30. This is a normal value and indicates that MRVL is financially healthy and should not expect problems in meeting its short term obligations.
MRVL's Current ratio of 1.30 is on the low side compared to the rest of the industry. MRVL is outperformed by 86.36% of its industry peers.
MRVL has a Quick Ratio of 1.30. This is a bad value and indicates that MRVL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.94, MRVL is doing worse than 88.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.42% over the past year.
The Earnings Per Share has been growing by 18.92% on average over the past years. This is quite good.
MRVL 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
The Earnings Per Share is expected to grow by 34.12% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 22.60% on average over the next years. This is a very strong growth
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
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
MRVL is valuated quite expensively with a Price/Earnings ratio of 40.52.
MRVL's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.11. MRVL is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 21.40, the valuation of MRVL can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 69.09% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.78, MRVL is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.52 | ||
| Fwd PE | 21.4 |
4.2 Price Multiples
MRVL's Enterprise Value to EBITDA is on the same level as the industry average.
MRVL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MRVL is cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.72 | ||
| EV/EBITDA | 51.63 |
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 41.37% in the coming years.
PEG (NY)0.49
PEG (5Y)2.14
EPS Next 2Y53.36%
EPS Next 3Y41.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, MRVL is not a good candidate for dividend investing.
MRVL's Dividend Yield is a higher than the industry average which is at 2.47.
With a Dividend Yield of 0.32, MRVL pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
5.2 History
The dividend of MRVL decreases each year by -0.14%.
MRVL has paid a dividend for at least 10 years, which is 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
The earnings of MRVL are negative and hence is the payout ratio. MRVL will probably not be able to sustain this dividend level.
DP-42.22%
EPS Next 2Y53.36%
EPS Next 3Y41.37%
NASDAQ:MRVL (8/14/2025, 2:46:59 PM)
79.0086
-0.31 (-0.39%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners88.14%
Inst Owner Change-0.21%
Ins Owners0.18%
Ins Owner Change0.73%
Market Cap68.12B
Analysts82.13
Price Target92.69 (17.32%)
Short Float %3.47%
Short Ratio1.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.14%
DP-42.22%
Div Incr Years0
Div Non Decr Years3
Ex-Date
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)-1.39%
PT rev (3m)-12.23%
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 | 40.52 | ||
| Fwd PE | 21.4 | ||
| P/S | 10.48 | ||
| P/FCF | 49.72 | ||
| P/OCF | 40.32 | ||
| P/B | 5.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 51.63 |
EPS(TTM)1.95
EY2.47%
EPS(NY)3.69
Fwd EY4.67%
FCF(TTM)1.59
FCFY2.01%
OCF(TTM)1.96
OCFY2.48%
SpS7.54
BVpS15.44
TBVpS-0.67
PEG (NY)0.49
PEG (5Y)2.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.45% | ||
| ROE | -3.69% | ||
| ROCE | 0.23% | ||
| ROIC | 0.19% | ||
| ROICexc | 0.2% | ||
| ROICexgc | 1.37% | ||
| 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 | 6.43 |
F-Score7
WACC11.28%
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%