BROADCOM INC (1AVGO.MI) Fundamental Analysis & Valuation

BIT:1AVGO • US11135F1012

Current stock price

337.9 EUR
+6.1 (+1.84%)
Last:

This 1AVGO.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. 1AVGO.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1AVGO was profitable.
  • 1AVGO had a positive operating cash flow in the past year.
  • In the past 5 years 1AVGO has always been profitable.
  • 1AVGO had a positive operating cash flow in each of the past 5 years.
1AVGO.MI Yearly Net Income VS EBIT VS OCF VS FCF1AVGO.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B 25B

1.2 Ratios

  • 1AVGO's Return On Assets of 14.70% is fine compared to the rest of the industry. 1AVGO outperforms 78.46% of its industry peers.
  • 1AVGO has a Return On Equity of 31.27%. This is in the better half of the industry: 1AVGO outperforms 75.38% of its industry peers.
  • 1AVGO has a Return On Invested Capital (11.54%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1AVGO is significantly below the industry average of 16.18%.
  • The 3 year average ROIC (10.89%) for 1AVGO is below the current ROIC(11.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 14.7%
ROE 31.27%
ROIC 11.54%
ROA(3y)12.13%
ROA(5y)12.05%
ROE(3y)31.95%
ROE(5y)34.21%
ROIC(3y)10.89%
ROIC(5y)10.78%
1AVGO.MI Yearly ROA, ROE, ROIC1AVGO.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

1.3 Margins

  • 1AVGO's Profit Margin of 36.57% is amongst the best of the industry. 1AVGO outperforms 93.85% of its industry peers.
  • In the last couple of years the Profit Margin of 1AVGO has grown nicely.
  • With an excellent Operating Margin value of 41.58%, 1AVGO belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
  • 1AVGO's Operating Margin has improved in the last couple of years.
  • 1AVGO has a Gross Margin of 67.93%. This is amongst the best in the industry. 1AVGO outperforms 90.77% of its industry peers.
  • In the last couple of years the Gross Margin of 1AVGO has grown nicely.
Industry RankSector Rank
OM 41.58%
PM (TTM) 36.57%
GM 67.93%
OM growth 3Y-1.65%
OM growth 5Y17.55%
PM growth 3Y2.31%
PM growth 5Y26.56%
GM growth 3Y0.66%
GM growth 5Y3.66%
1AVGO.MI Yearly Profit, Operating, Gross Margins1AVGO.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

5

2. 1AVGO.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1AVGO is destroying value.
  • 1AVGO has more shares outstanding than it did 1 year ago.
  • 1AVGO has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, 1AVGO has an improved debt to assets ratio.
1AVGO.MI Yearly Shares Outstanding1AVGO.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B
1AVGO.MI Yearly Total Debt VS Total Assets1AVGO.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.2 Solvency

  • An Altman-Z score of 13.69 indicates that 1AVGO is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of 1AVGO (13.69) is better than 67.69% of its industry peers.
  • 1AVGO has a debt to FCF ratio of 2.28. This is a good value and a sign of high solvency as 1AVGO would need 2.28 years to pay back of all of its debts.
  • 1AVGO has a Debt to FCF ratio (2.28) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.80 indicates that 1AVGO is somewhat dependend on debt financing.
  • The Debt to Equity ratio of 1AVGO (0.80) is worse than 84.62% of its industry peers.
  • Although 1AVGO's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF 2.28
Altman-Z 13.69
ROIC/WACC0.98
WACC11.82%
1AVGO.MI Yearly LT Debt VS Equity VS FCF1AVGO.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.3 Liquidity

  • 1AVGO has a Current Ratio of 1.90. This is a normal value and indicates that 1AVGO is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.90, 1AVGO is not doing good in the industry: 75.38% of the companies in the same industry are doing better.
  • 1AVGO has a Quick Ratio of 1.73. This is a normal value and indicates that 1AVGO is financially healthy and should not expect problems in meeting its short term obligations.
  • 1AVGO has a Quick ratio (1.73) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.9
Quick Ratio 1.73
1AVGO.MI Yearly Current Assets VS Current Liabilites1AVGO.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

10

3. 1AVGO.MI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 35.74% over the past year.
  • Measured over the past years, 1AVGO shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.23% on average per year.
  • Looking at the last year, 1AVGO shows a very strong growth in Revenue. The Revenue has grown by 25.22%.
  • 1AVGO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.74% yearly.
EPS 1Y (TTM)35.74%
EPS 3Y21.91%
EPS 5Y25.23%
EPS Q2Q%28.12%
Revenue 1Y (TTM)25.22%
Revenue growth 3Y24.38%
Revenue growth 5Y21.74%
Sales Q2Q%29.47%

3.2 Future

  • The Earnings Per Share is expected to grow by 28.32% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 30.05% on average over the next years. This is a very strong growth
EPS Next Y68.68%
EPS Next 2Y62.38%
EPS Next 3Y47.66%
EPS Next 5Y28.32%
Revenue Next Year65.54%
Revenue Next 2Y59.53%
Revenue Next 3Y47.22%
Revenue Next 5Y30.05%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1AVGO.MI Yearly Revenue VS Estimates1AVGO.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 50B 100B 150B 200B
1AVGO.MI Yearly EPS VS Estimates1AVGO.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20

5

4. 1AVGO.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • 1AVGO is valuated quite expensively with a Price/Earnings ratio of 54.85.
  • 1AVGO's Price/Earnings ratio is in line with the industry average.
  • 1AVGO is valuated expensively when we compare the Price/Earnings ratio to 27.89, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 22.17, the valuation of 1AVGO can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, 1AVGO is valued cheaper than 81.54% of the companies in the same industry.
  • 1AVGO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 38.50.
Industry RankSector Rank
PE 54.85
Fwd PE 22.17
1AVGO.MI Price Earnings VS Forward Price Earnings1AVGO.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • 76.92% of the companies in the same industry are cheaper than 1AVGO, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as 1AVGO.
Industry RankSector Rank
P/FCF 65.28
EV/EBITDA 52.21
1AVGO.MI Per share data1AVGO.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 15

4.3 Compensation for Growth

  • 1AVGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The excellent profitability rating of 1AVGO may justify a higher PE ratio.
  • 1AVGO's earnings are expected to grow with 47.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.8
PEG (5Y)2.17
EPS Next 2Y62.38%
EPS Next 3Y47.66%

4

5. 1AVGO.MI Dividend Analysis

5.1 Amount

  • 1AVGO has a yearly dividend return of 0.65%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.62, 1AVGO pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, 1AVGO's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.65%

5.2 History

  • On average, the dividend of 1AVGO grows each year by 11.45%, which is quite nice.
Dividend Growth(5Y)11.45%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 1AVGO pays out 45.87% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of 1AVGO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP45.87%
EPS Next 2Y62.38%
EPS Next 3Y47.66%
1AVGO.MI Yearly Income VS Free CF VS Dividend1AVGO.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B 25B
1AVGO.MI Dividend Payout.1AVGO.MI Dividend Payout, showing the Payout Ratio.1AVGO.MI Dividend Payout.PayoutRetained Earnings

1AVGO.MI Fundamentals: All Metrics, Ratios and Statistics

BROADCOM INC

BIT:1AVGO (4/16/2026, 7:00:00 PM)

337.9

+6.1 (+1.84%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)03-04
Earnings (Next)06-03
Inst Owners79.28%
Inst Owner ChangeN/A
Ins Owners1.85%
Ins Owner ChangeN/A
Market Cap1.60T
Revenue(TTM)68.28B
Net Income(TTM)24.97B
Analysts84.91
Price Target403.17 (19.32%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.65%
Yearly Dividend2
Dividend Growth(5Y)11.45%
DP45.87%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.89%
Min EPS beat(2)-0.87%
Max EPS beat(2)2.65%
EPS beat(4)2
Avg EPS beat(4)0.34%
Min EPS beat(4)-0.93%
Max EPS beat(4)2.65%
EPS beat(8)5
Avg EPS beat(8)0.97%
EPS beat(12)7
Avg EPS beat(12)0.89%
EPS beat(16)9
Avg EPS beat(16)0.78%
Revenue beat(2)1
Avg Revenue beat(2)-0.16%
Min Revenue beat(2)-1.29%
Max Revenue beat(2)0.96%
Revenue beat(4)1
Avg Revenue beat(4)-0.85%
Min Revenue beat(4)-1.89%
Max Revenue beat(4)0.96%
Revenue beat(8)3
Avg Revenue beat(8)-0.61%
Revenue beat(12)4
Avg Revenue beat(12)-0.95%
Revenue beat(16)5
Avg Revenue beat(16)-0.96%
PT rev (1m)2.17%
PT rev (3m)1.26%
EPS NQ rev (1m)1.12%
EPS NQ rev (3m)12.85%
EPS NY rev (1m)11.08%
EPS NY rev (3m)12.01%
Revenue NQ rev (1m)0.94%
Revenue NQ rev (3m)8.37%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)8.29%
Valuation
Industry RankSector Rank
PE 54.85
Fwd PE 22.17
P/S 27.64
P/FCF 65.28
P/OCF 63.58
P/B 23.63
P/tB N/A
EV/EBITDA 52.21
EPS(TTM)6.16
EY1.82%
EPS(NY)15.24
Fwd EY4.51%
FCF(TTM)5.18
FCFY1.53%
OCF(TTM)5.31
OCFY1.57%
SpS12.22
BVpS14.3
TBVpS-8.64
PEG (NY)0.8
PEG (5Y)2.17
Graham Number44.5193 (-86.82%)
Profitability
Industry RankSector Rank
ROA 14.7%
ROE 31.27%
ROCE 18.55%
ROIC 11.54%
ROICexc 12.72%
ROICexgc 164.02%
OM 41.58%
PM (TTM) 36.57%
GM 67.93%
FCFM 42.34%
ROA(3y)12.13%
ROA(5y)12.05%
ROE(3y)31.95%
ROE(5y)34.21%
ROIC(3y)10.89%
ROIC(5y)10.78%
ROICexc(3y)12.9%
ROICexc(5y)12.93%
ROICexgc(3y)453.16%
ROICexgc(5y)376.99%
ROCE(3y)17.51%
ROCE(5y)17.33%
ROICexgc growth 3Y-4.02%
ROICexgc growth 5Y10.23%
ROICexc growth 3Y-10.3%
ROICexc growth 5Y22.21%
OM growth 3Y-1.65%
OM growth 5Y17.55%
PM growth 3Y2.31%
PM growth 5Y26.56%
GM growth 3Y0.66%
GM growth 5Y3.66%
F-Score8
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF 2.28
Debt/EBITDA 1.72
Cap/Depr 8.83%
Cap/Sales 1.13%
Interest Coverage 10.84
Cash Conversion 79.91%
Profit Quality 115.77%
Current Ratio 1.9
Quick Ratio 1.73
Altman-Z 13.69
F-Score8
WACC11.82%
ROIC/WACC0.98
Cap/Depr(3y)8.12%
Cap/Depr(5y)8.04%
Cap/Sales(3y)1.1%
Cap/Sales(5y)1.24%
Profit Quality(3y)190.31%
Profit Quality(5y)184.64%
High Growth Momentum
Growth
EPS 1Y (TTM)35.74%
EPS 3Y21.91%
EPS 5Y25.23%
EPS Q2Q%28.12%
EPS Next Y68.68%
EPS Next 2Y62.38%
EPS Next 3Y47.66%
EPS Next 5Y28.32%
Revenue 1Y (TTM)25.22%
Revenue growth 3Y24.38%
Revenue growth 5Y21.74%
Sales Q2Q%29.47%
Revenue Next Year65.54%
Revenue Next 2Y59.53%
Revenue Next 3Y47.22%
Revenue Next 5Y30.05%
EBIT growth 1Y50.21%
EBIT growth 3Y22.33%
EBIT growth 5Y43.11%
EBIT Next Year66.87%
EBIT Next 3Y44.92%
EBIT Next 5Y32.68%
FCF growth 1Y57.18%
FCF growth 3Y18.17%
FCF growth 5Y18.34%
OCF growth 1Y57.36%
OCF growth 3Y18.06%
OCF growth 5Y17.95%

BROADCOM INC / 1AVGO.MI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for BROADCOM INC?

ChartMill assigns a fundamental rating of 7 / 10 to 1AVGO.MI.


Can you provide the valuation status for BROADCOM INC?

ChartMill assigns a valuation rating of 5 / 10 to BROADCOM INC (1AVGO.MI). This can be considered as Fairly Valued.


How profitable is BROADCOM INC (1AVGO.MI) stock?

BROADCOM INC (1AVGO.MI) has a profitability rating of 8 / 10.


What is the valuation of BROADCOM INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BROADCOM INC (1AVGO.MI) is 54.85 and the Price/Book (PB) ratio is 23.63.


Is the dividend of BROADCOM INC sustainable?

The dividend rating of BROADCOM INC (1AVGO.MI) is 4 / 10 and the dividend payout ratio is 45.87%.