MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:19MW - US5738741041 - Common Stock
83.33 EUR
+6.51 (+8.47%)
19MW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 65 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of 19MW get a neutral evaluation. Nothing too spectacular is happening here. 19MW shows excellent growth, but is valued quite expensive already.
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.
19MW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
19MW's Return On Assets of 11.47% is fine compared to the rest of the industry. 19MW outperforms 75.38% of its industry peers.
The Return On Equity of 19MW (17.60%) is better than 66.15% of its industry peers.
The Return On Invested Capital of 19MW (4.57%) is worse than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROIC | 4.57% |
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 better Profit Margin (31.75%) than 95.38% of its industry peers.
19MW's Operating Margin of 14.72% is in line compared to the rest of the industry. 19MW outperforms 46.15% of its industry peers.
Looking at the Gross Margin, with a value of 50.69%, 19MW is in line with its industry, outperforming 60.00% 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 | 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
19MW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 19MW has about the same amount of shares outstanding.
Compared to 5 years ago, 19MW has more shares outstanding
19MW has a worse debt/assets ratio than last year.
2.2 Solvency
19MW has an Altman-Z score of 7.32. This indicates that 19MW is financially healthy and has little risk of bankruptcy at the moment.
19MW has a Altman-Z score (7.32) which is in line with its industry peers.
19MW has a debt to FCF ratio of 2.83. This is a good value and a sign of high solvency as 19MW would need 2.83 years to pay back of all of its debts.
With a Debt to FCF ratio value of 2.83, 19MW perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
A Debt/Equity ratio of 0.28 indicates that 19MW is not too dependend on debt financing.
19MW's Debt to Equity ratio of 0.28 is in line compared to the rest of the industry. 19MW outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 7.32 |
ROIC/WACC0.44
WACC10.32%
2.3 Liquidity
A Current Ratio of 2.01 indicates that 19MW has no problem at all paying its short term obligations.
With a Current ratio value of 2.01, 19MW is not doing good in the industry: 66.15% of the companies in the same industry are doing better.
19MW has a Quick Ratio of 1.64. This is a normal value and indicates that 19MW is financially healthy and should not expect problems in meeting its short term obligations.
19MW has a Quick ratio of 1.64. This is comparable to the rest of the industry: 19MW outperforms 44.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
19MW 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, 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 44.95%.
19MW 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
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.
Based on estimates for the next years, 19MW will show a very strong growth in Revenue. The Revenue will grow by 22.16% on average per year.
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
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
19MW is valuated quite expensively with a Price/Earnings ratio of 36.55.
19MW's Price/Earnings is on the same level as the industry average.
19MW's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.34.
A Price/Forward Earnings ratio of 28.23 indicates a quite expensive valuation of 19MW.
19MW's Price/Forward Earnings ratio is in line with the industry average.
19MW is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.55 | ||
| Fwd PE | 28.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 19MW indicates a slightly more expensive valuation: 19MW is more expensive than 64.62% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 19MW is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.19 | ||
| EV/EBITDA | 34.35 |
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.
19MW's earnings are expected to grow with 38.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.44
PEG (5Y)1.93
EPS Next 2Y47.96%
EPS Next 3Y38.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.24%, 19MW is not a good candidate for dividend investing.
19MW's Dividend Yield is comparable with the industry average which is at 1.18.
Compared to an average S&P500 Dividend Yield of 2.31, 19MW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
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 pays out 8.33% of its income as dividend. This is a sustainable payout ratio.
DP8.33%
EPS Next 2Y47.96%
EPS Next 3Y38.77%
BIT:19MW (12/3/2025, 7:00:00 PM)
83.33
+6.51 (+8.47%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners84.62%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap70.67B
Revenue(TTM)7.79B
Net Income(TTM)2.47B
Analysts78.37
Price Target101.02 (21.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.24% |
Yearly Dividend0.21
Dividend Growth(5Y)-0.14%
DP8.33%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)28.63%
PT rev (3m)28.09%
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 | 36.55 | ||
| Fwd PE | 28.23 | ||
| P/S | 10.56 | ||
| P/FCF | 52.19 | ||
| P/OCF | 43.53 | ||
| P/B | 5.85 | ||
| P/tB | 117.65 | ||
| EV/EBITDA | 34.35 |
EPS(TTM)2.28
EY2.74%
EPS(NY)2.95
Fwd EY3.54%
FCF(TTM)1.6
FCFY1.92%
OCF(TTM)1.91
OCFY2.3%
SpS7.89
BVpS14.23
TBVpS0.71
PEG (NY)0.44
PEG (5Y)1.93
Graham Number27.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROCE | 6.09% | ||
| ROIC | 4.57% | ||
| ROICexc | 5.33% | ||
| ROICexgc | 31.05% | ||
| 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 | 7.32 |
F-Score8
WACC10.32%
ROIC/WACC0.44
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 / 19MW.MI FAQ
What is the ChartMill fundamental rating of MARVELL TECHNOLOGY INC (19MW.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 19MW.MI.
What is the valuation status of MARVELL TECHNOLOGY INC (19MW.MI) stock?
ChartMill assigns a valuation rating of 3 / 10 to MARVELL TECHNOLOGY INC (19MW.MI). This can be considered as Overvalued.
How profitable is MARVELL TECHNOLOGY INC (19MW.MI) stock?
MARVELL TECHNOLOGY INC (19MW.MI) has a profitability rating of 4 / 10.
How financially healthy is MARVELL TECHNOLOGY INC?
The financial health rating of MARVELL TECHNOLOGY INC (19MW.MI) is 5 / 10.
Is the dividend of MARVELL TECHNOLOGY INC sustainable?
The dividend rating of MARVELL TECHNOLOGY INC (19MW.MI) is 2 / 10 and the dividend payout ratio is 8.33%.