MARVELL TECHNOLOGY INC (19MW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:19MW - US5738741041 - Common Stock
83.33 EUR
+6.51 (+8.47%)
Taking everything into account, 19MW scores 4 out of 10 in our fundamental rating. 19MW was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. The financial health of 19MW is average, but there are quite some concerns on its profitability. 19MW is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year 19MW was profitable.
19MW had a positive operating cash flow in the past year.
19MW had negative earnings in each of the past 5 years.
19MW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of 19MW (-0.50%) is worse than 80.65% of its industry peers.
19MW has a worse Return On Equity (-0.77%) than 79.03% of its industry peers.
19MW's Return On Invested Capital of 1.80% is on the low side compared to the rest of the industry. 19MW is outperformed by 74.19% 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 Operating Margin of 6.02%. This is in the lower half of the industry: 19MW underperforms 77.42% of its industry peers.
The Gross Margin of 19MW (44.64%) is comparable to the rest of the industry.
19MW's Gross Margin has declined in the last couple of years.
| 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
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.
The number of shares outstanding for 19MW has been increased compared to 5 years ago.
The debt/assets ratio for 19MW is higher compared to a year ago.
2.2 Solvency
19MW has an Altman-Z score of 7.51. This indicates that 19MW is financially healthy and has little risk of bankruptcy at the moment.
19MW has a Altman-Z score of 7.51. This is in the better half of the industry: 19MW outperforms 62.90% 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.
With a Debt to FCF ratio value of 2.92, 19MW perfoms like the industry average, outperforming 54.84% of the companies in the same industry.
19MW has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of 19MW (0.30) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 7.51 |
ROIC/WACC0.17
WACC10.32%
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.
19MW's Current ratio of 1.88 is on the low side compared to the rest of the industry. 19MW is outperformed by 64.52% of its industry peers.
19MW has a Quick Ratio of 1.44. This is a normal value and indicates that 19MW is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.44, 19MW is doing worse than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
19MW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.54%, which is quite impressive.
19MW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.92% yearly.
Looking at the last year, 19MW shows a very strong growth in Revenue. 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.
Based on estimates for the next years, 19MW will show a very strong growth in Revenue. The Revenue will grow by 22.13% on average per year.
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.
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
A Price/Earnings ratio of 41.87 indicates a quite expensive valuation of 19MW.
The rest of the industry has a similar Price/Earnings ratio as 19MW.
The average S&P500 Price/Earnings ratio is at 26.46. 19MW is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 28.26, which means the current valuation is very expensive for 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 36.10, 19MW is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.87 | ||
| Fwd PE | 28.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 19MW is valued a bit more expensive than the industry average as 75.81% of the companies are valued more cheaply.
19MW's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.77 | ||
| EV/EBITDA | 49.45 |
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 39.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)2.21
EPS Next 2Y48.03%
EPS Next 3Y39.47%
5. Dividend
5.1 Amount
With a yearly dividend of 0.24%, 19MW is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.07, 19MW has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, 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 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 (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)7.23B
Net Income(TTM)-103.40M
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%
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)2.84%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)2.19%
EPS NY rev (1m)-0.14%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.87 | ||
| Fwd PE | 28.26 | ||
| P/S | 11.58 | ||
| P/FCF | 54.77 | ||
| P/OCF | 45.43 | ||
| P/B | 6.24 | ||
| P/tB | 550.28 | ||
| EV/EBITDA | 49.45 |
EPS(TTM)1.99
EY2.39%
EPS(NY)2.95
Fwd EY3.54%
FCF(TTM)1.52
FCFY1.83%
OCF(TTM)1.83
OCFY2.2%
SpS7.19
BVpS13.35
TBVpS0.15
PEG (NY)0.51
PEG (5Y)2.21
Graham Number24.44
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 | 7.51 |
F-Score8
WACC10.32%
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%.