MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
BIT:19MW - Euronext Milan - US5738741041 - Common Stock - Currency: EUR
Taking everything into account, 19MW scores 4 out of 10 in our fundamental rating. 19MW was compared to 53 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 priced too expensively while it is growing strongly. Keep and eye on this one!
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 -4.38%. This is amonst the worse of the industry: 19MW underperforms 83.02% of its industry peers.
Looking at the Return On Equity, with a value of -6.59%, 19MW is doing worse than 81.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.38% | ||
| ROE | -6.59% | ||
| ROIC | N/A |
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
Looking at the Gross Margin, with a value of 41.31%, 19MW is doing worse than 62.26% of the companies in the same industry.
In the last couple of years the Gross Margin of 19MW has declined.
The Profit Margin and Operating Margin are not available for 19MW so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.31% |
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 does not have a ROIC to compare to the WACC, probably because it is not profitable.
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.
19MW has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.59 indicates that 19MW is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.59, 19MW is in line with its industry, outperforming 56.60% of the companies in the same industry.
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 0.29. This is a healthy value indicating a solid balance between debt and equity.
19MW has a Debt to Equity ratio (0.29) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 4.59 |
ROIC/WACCN/A
WACC9.23%
2.3 Liquidity
19MW has a Current Ratio of 1.54. 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 worse Current ratio (1.54) than 71.70% of its industry peers.
19MW has a Quick Ratio of 1.03. This is a normal value and indicates that 19MW is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of 19MW (1.03) is worse than 71.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
19MW shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.97%.
The Earnings Per Share has been growing by 18.92% on average over the past years. This is quite good.
Looking at the last year, 19MW shows a small growth in Revenue. The Revenue has grown by 4.71% in the last year.
The Revenue has been growing by 16.40% on average over the past years. This is quite good.
EPS 1Y (TTM)3.97%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%30.43%
Revenue 1Y (TTM)4.71%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%27.4%
3.2 Future
19MW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.11% yearly.
19MW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.59% yearly.
EPS Next Y82.63%
EPS Next 2Y53.36%
EPS Next 3Y44.24%
EPS Next 5Y36.11%
Revenue Next Year43.44%
Revenue Next 2Y30.14%
Revenue Next 3Y27.14%
Revenue Next 5Y23.59%
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 37.24, the valuation of 19MW can be described as expensive.
Based on the Price/Earnings ratio, 19MW is valued a bit more expensive than the industry average as 75.47% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 28.98. 19MW is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 20.36 indicates a rather expensive valuation of 19MW.
19MW's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, 19MW is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.24 | ||
| Fwd PE | 20.36 |
4.2 Price Multiples
90.57% of the companies in the same industry are cheaper than 19MW, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 19MW is valued a bit cheaper than the industry average as 66.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.38 | ||
| EV/EBITDA | 53.05 |
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.
19MW's earnings are expected to grow with 44.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)1.97
EPS Next 2Y53.36%
EPS Next 3Y44.24%
5. Dividend
5.1 Amount
19MW has a yearly dividend return of 0.42%, which is pretty low.
The stock price of 19MW dropped by -52.40% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.50, 19MW has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, 19MW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
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-23.45%
EPS Next 2Y53.36%
EPS Next 3Y44.24%
BIT:19MW (4/29/2025, 7:00:00 PM)
51.39
+7.49 (+17.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners89.12%
Inst Owner ChangeN/A
Ins Owners0.29%
Ins Owner ChangeN/A
Market Cap44.51B
Analysts84.35
Price Target91.99 (79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly Dividend0.21
Dividend Growth(5Y)-0.14%
DP-23.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.66%
Min EPS beat(2)-0.25%
Max EPS beat(2)3.57%
EPS beat(4)1
Avg EPS beat(4)-0.74%
Min EPS beat(4)-5.21%
Max EPS beat(4)3.57%
EPS beat(8)4
Avg EPS beat(8)-0.13%
EPS beat(12)4
Avg EPS beat(12)-0.92%
EPS beat(16)8
Avg EPS beat(16)0.72%
Revenue beat(2)1
Avg Revenue beat(2)0.68%
Min Revenue beat(2)-0.74%
Max Revenue beat(2)2.09%
Revenue beat(4)1
Avg Revenue beat(4)-0.44%
Min Revenue beat(4)-2.77%
Max Revenue beat(4)2.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.67%
Revenue beat(12)1
Avg Revenue beat(12)-0.98%
Revenue beat(16)3
Avg Revenue beat(16)-0.62%
PT rev (1m)-26.08%
PT rev (3m)-22.75%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)15.13%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.25%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.24 | ||
| Fwd PE | 20.36 | ||
| P/S | 8.77 | ||
| P/FCF | 36.38 | ||
| P/OCF | 30.07 | ||
| P/B | 3.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 53.05 |
EPS(TTM)1.38
EY2.69%
EPS(NY)2.52
Fwd EY4.91%
FCF(TTM)1.41
FCFY2.75%
OCF(TTM)1.71
OCFY3.33%
SpS5.86
BVpS13.65
TBVpS-1.29
PEG (NY)0.45
PEG (5Y)1.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.38% | ||
| ROE | -6.59% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.31% | ||
| FCFM | 24.09% |
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-Score5
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 3.97 | ||
| Cap/Depr | 21.49% | ||
| Cap/Sales | 5.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 169.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 4.59 |
F-Score5
WACC9.23%
ROIC/WACCN/A
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)3.97%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%30.43%
EPS Next Y82.63%
EPS Next 2Y53.36%
EPS Next 3Y44.24%
EPS Next 5Y36.11%
Revenue 1Y (TTM)4.71%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%27.4%
Revenue Next Year43.44%
Revenue Next 2Y30.14%
Revenue Next 3Y27.14%
Revenue Next 5Y23.59%
EBIT growth 1Y16.08%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year89%
EBIT Next 3Y41.15%
EBIT Next 5Y34.57%
FCF growth 1Y36.2%
FCF growth 3Y30.02%
FCF growth 5Y38.4%
OCF growth 1Y22.67%
OCF growth 3Y27.07%
OCF growth 5Y36.08%