MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:19MW - US5738741041 - Common Stock
70.98 EUR
+0.17 (+0.24%)
19MW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 60 industry peers in the Semiconductors & Semiconductor Equipment industry. 19MW scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 19MW is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year 19MW was profitable.
In the past year 19MW had a positive cash flow from operations.
In the past 5 years 19MW always reported negative net income.
19MW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
19MW has a Return On Assets of -0.50%. This is in the lower half of the industry: 19MW underperforms 76.67% of its industry peers.
19MW has a worse Return On Equity (-0.77%) than 75.00% of its industry peers.
19MW has a worse Return On Invested Capital (1.80%) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -0.77% | ||
| ROIC | 1.8% |
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 worse Operating Margin (6.02%) than 73.33% of its industry peers.
19MW's Gross Margin of 44.64% is in line compared to the rest of the industry. 19MW outperforms 53.33% of its industry peers.
In the last couple of years the Gross Margin of 19MW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | N/A | ||
| GM | 44.64% |
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.
19MW has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, 19MW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.42 indicates that 19MW is not in any danger for bankruptcy at the moment.
19MW's Altman-Z score of 6.42 is in line compared to the rest of the industry. 19MW outperforms 60.00% of its industry peers.
19MW has a debt to FCF ratio of 2.92. This is a good value and a sign of high solvency as 19MW would need 2.92 years to pay back of all of its debts.
19MW has a Debt to FCF ratio (2.92) which is comparable to the rest of the industry.
19MW has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.30, 19MW is in line with its industry, outperforming 48.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 6.42 |
ROIC/WACC0.17
WACC10.47%
2.3 Liquidity
19MW has a Current Ratio of 1.88. This is a normal value and indicates that 19MW is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.88, 19MW perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
A Quick Ratio of 1.44 indicates that 19MW should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.44, 19MW perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 64.54% over the past year.
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 37.05%.
The Revenue has been growing by 16.40% on average over the past years. This is quite good.
EPS 1Y (TTM)64.54%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%123.33%
Revenue 1Y (TTM)37.05%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%57.6%
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 35.15% on average per year.
19MW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.13% yearly.
EPS Next Y81.9%
EPS Next 2Y48.03%
EPS Next 3Y39.47%
EPS Next 5Y35.15%
Revenue Next Year41.44%
Revenue Next 2Y28.36%
Revenue Next 3Y24.87%
Revenue Next 5Y22.13%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 35.49, the valuation of 19MW can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of 19MW is on the same level as its industry peers.
19MW's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.15.
With a Price/Forward Earnings ratio of 23.89, 19MW is valued on the expensive side.
19MW's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, 19MW is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.49 | ||
| Fwd PE | 23.89 |
4.2 Price Multiples
19MW's Enterprise Value to EBITDA 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.
Based on the Price/Free Cash Flow ratio, 19MW is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.3 | ||
| EV/EBITDA | 42.08 |
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 39.47% in the coming years.
PEG (NY)0.43
PEG (5Y)1.88
EPS Next 2Y48.03%
EPS Next 3Y39.47%
5. Dividend
5.1 Amount
With a yearly dividend of 0.31%, 19MW is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.14, 19MW has a dividend in line with its industry peers.
With a Dividend Yield of 0.31, 19MW pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
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-200.48%
EPS Next 2Y48.03%
EPS Next 3Y39.47%
BIT:19MW (11/25/2025, 7:00:00 PM)
70.98
+0.17 (+0.24%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners85.57%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap61.19B
Revenue(TTM)7.23B
Net Income(TTM)-103.40M
Analysts79.17
Price Target81.1 (14.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
Yearly Dividend0.21
Dividend Growth(5Y)-0.14%
DP-200.48%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.3%
Min EPS beat(2)-0.87%
Max EPS beat(2)0.27%
EPS beat(4)2
Avg EPS beat(4)0.68%
Min EPS beat(4)-0.87%
Max EPS beat(4)3.57%
EPS beat(8)3
Avg EPS beat(8)-0.71%
EPS beat(12)5
Avg EPS beat(12)-0.84%
EPS beat(16)7
Avg EPS beat(16)-0.04%
Revenue beat(2)0
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.08%
Revenue beat(4)1
Avg Revenue beat(4)-0.46%
Min Revenue beat(4)-2.09%
Max Revenue beat(4)2.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.9%
Revenue beat(12)1
Avg Revenue beat(12)-1.03%
Revenue beat(16)2
Avg Revenue beat(16)-0.76%
PT rev (1m)8.44%
PT rev (3m)1.97%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)2.19%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.49 | ||
| Fwd PE | 23.89 | ||
| P/S | 9.79 | ||
| P/FCF | 46.3 | ||
| P/OCF | 38.4 | ||
| P/B | 5.28 | ||
| P/tB | 465.15 | ||
| EV/EBITDA | 42.08 |
EPS(TTM)2
EY2.82%
EPS(NY)2.97
Fwd EY4.19%
FCF(TTM)1.53
FCFY2.16%
OCF(TTM)1.85
OCFY2.6%
SpS7.25
BVpS13.45
TBVpS0.15
PEG (NY)0.43
PEG (5Y)1.88
Graham Number24.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -0.77% | ||
| ROCE | 2.39% | ||
| ROIC | 1.8% | ||
| ROICexc | 1.92% | ||
| ROICexgc | 8.84% | ||
| OM | 6.02% | ||
| PM (TTM) | N/A | ||
| GM | 44.64% | ||
| FCFM | 21.15% |
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 Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 23.75% | ||
| Cap/Sales | 4.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 6.42 |
F-Score8
WACC10.47%
ROIC/WACC0.17
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)64.54%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%123.33%
EPS Next Y81.9%
EPS Next 2Y48.03%
EPS Next 3Y39.47%
EPS Next 5Y35.15%
Revenue 1Y (TTM)37.05%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%57.6%
Revenue Next Year41.44%
Revenue Next 2Y28.36%
Revenue Next 3Y24.87%
Revenue Next 5Y22.13%
EBIT growth 1Y210.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year93.1%
EBIT Next 3Y36.52%
EBIT Next 5Y34.57%
FCF growth 1Y99.78%
FCF growth 3Y30.02%
FCF growth 5Y38.4%
OCF growth 1Y70.28%
OCF growth 3Y27.07%
OCF growth 5Y36.08%
MARVELL TECHNOLOGY INC / 19MW.MI FAQ
What is the ChartMill fundamental rating of MARVELL TECHNOLOGY INC (19MW.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to 19MW.MI.
What is the valuation status of MARVELL TECHNOLOGY INC (19MW.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to MARVELL TECHNOLOGY INC (19MW.MI). This can be considered as Fairly Valued.
How profitable is MARVELL TECHNOLOGY INC (19MW.MI) stock?
MARVELL TECHNOLOGY INC (19MW.MI) has a profitability rating of 2 / 10.
How financially healthy is MARVELL TECHNOLOGY INC?
The financial health rating of MARVELL TECHNOLOGY INC (19MW.MI) is 4 / 10.
Is the dividend of MARVELL TECHNOLOGY INC sustainable?
The dividend rating of MARVELL TECHNOLOGY INC (19MW.MI) is 1 / 10 and the dividend payout ratio is -200.48%.