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

BIT:1AVGO • US11135F1012

Current stock price

351.3 EUR
+8.2 (+2.39%)
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.
  • In the past year 1AVGO had a positive cash flow from operations.
  • 1AVGO had positive earnings in each of the past 5 years.
  • In the past 5 years 1AVGO always reported a positive cash flow from operatings.
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

  • The Return On Assets of 1AVGO (14.70%) is better than 78.79% of its industry peers.
  • 1AVGO's Return On Equity of 31.27% is fine compared to the rest of the industry. 1AVGO outperforms 77.27% of its industry peers.
  • 1AVGO's Return On Invested Capital of 11.54% is in line compared to the rest of the industry. 1AVGO outperforms 57.58% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1AVGO is below the industry average of 15.52%.
  • 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 has a better Profit Margin (36.57%) than 93.94% of its industry peers.
  • In the last couple of years the Profit Margin of 1AVGO has grown nicely.
  • 1AVGO's Operating Margin of 41.58% is amongst the best of the industry. 1AVGO outperforms 92.42% of its industry peers.
  • In the last couple of years the Operating Margin of 1AVGO has grown nicely.
  • 1AVGO has a Gross Margin of 67.93%. This is amongst the best in the industry. 1AVGO outperforms 90.91% 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

4

2. 1AVGO.MI Health Analysis

2.1 Basic Checks

  • 1AVGO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • 1AVGO has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, 1AVGO has more shares outstanding
  • 1AVGO has a better debt/assets ratio than last year.
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 14.09 indicates that 1AVGO is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 14.09, 1AVGO is doing good in the industry, outperforming 65.15% of the companies in the same industry.
  • The Debt to FCF ratio of 1AVGO is 2.28, which is a good value as it means it would take 1AVGO, 2.28 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of 1AVGO (2.28) is comparable to the rest of the industry.
  • 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 84.85% 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 14.09
ROIC/WACC0.91
WACC12.64%
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: 74.24% of the companies in the same industry are doing better.
  • A Quick Ratio of 1.73 indicates that 1AVGO should not have too much problems paying its short term obligations.
  • 1AVGO's Quick ratio of 1.73 is on the low side compared to the rest of the industry. 1AVGO is outperformed by 60.61% of its industry peers.
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.
  • 1AVGO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.23% yearly.
  • 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 35.91% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, 1AVGO will show a very strong growth in Revenue. The Revenue will grow by 35.75% on average per year.
EPS Next Y68.68%
EPS Next 2Y62.38%
EPS Next 3Y47.66%
EPS Next 5Y35.91%
Revenue Next Year65.54%
Revenue Next 2Y59.53%
Revenue Next 3Y47.22%
Revenue Next 5Y35.75%

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.
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 2031 100B 200B 300B
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 2031 10 20 30

4

4. 1AVGO.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 56.57 indicates a quite expensive valuation of 1AVGO.
  • 1AVGO's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.64. 1AVGO is valued rather expensively when compared to this.
  • 1AVGO is valuated rather expensively with a Price/Forward Earnings ratio of 22.86.
  • 83.33% of the companies in the same industry are more expensive than 1AVGO, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, 1AVGO is valued at the same level.
Industry RankSector Rank
PE 56.57
Fwd PE 22.86
1AVGO.MI Price Earnings VS Forward Price Earnings1AVGO.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 1AVGO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1AVGO is more expensive than 72.73% of the companies in the same industry.
  • 1AVGO's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 67.32
EV/EBITDA 53.8
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.
  • 1AVGO has an outstanding profitability rating, which 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)0.82
PEG (5Y)2.24
EPS Next 2Y62.38%
EPS Next 3Y47.66%

4

5. 1AVGO.MI Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.62%, 1AVGO is not a good candidate for dividend investing.
  • 1AVGO's Dividend Yield is a higher than the industry average which is at 0.49.
  • With a Dividend Yield of 0.62, 1AVGO pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.62%

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.
  • 1AVGO's earnings are growing more than its dividend. This makes the dividend growth 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 (4/30/2026, 7:00:00 PM)

351.3

+8.2 (+2.39%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Industry Strength93.17
Industry Growth91.93
Earnings (Last)03-04
Earnings (Next)06-03
Inst Owners79.28%
Inst Owner ChangeN/A
Ins Owners1.85%
Ins Owner ChangeN/A
Market Cap1.66T
Revenue(TTM)68.28B
Net Income(TTM)24.97B
Analysts84.91
Price Target403.17 (14.77%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.62%
Yearly Dividend2.02
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)1.07%
EPS NQ rev (3m)12.68%
EPS NY rev (1m)11.08%
EPS NY rev (3m)11.58%
Revenue NQ rev (1m)0.94%
Revenue NQ rev (3m)8.34%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)7.88%
Valuation
Industry RankSector Rank
PE 56.57
Fwd PE 22.86
P/S 28.51
P/FCF 67.32
P/OCF 65.57
P/B 24.37
P/tB N/A
EV/EBITDA 53.8
EPS(TTM)6.21
EY1.77%
EPS(NY)15.37
Fwd EY4.37%
FCF(TTM)5.22
FCFY1.49%
OCF(TTM)5.36
OCFY1.53%
SpS12.32
BVpS14.42
TBVpS-8.71
PEG (NY)0.82
PEG (5Y)2.24
Graham Number44.8807 (-87.22%)
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 14.09
F-Score8
WACC12.64%
ROIC/WACC0.91
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 5Y35.91%
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 5Y35.75%
EBIT growth 1Y50.21%
EBIT growth 3Y22.33%
EBIT growth 5Y43.11%
EBIT Next Year66.87%
EBIT Next 3Y44.92%
EBIT Next 5Y36.34%
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 6 / 10 to 1AVGO.MI.


Can you provide the valuation status for BROADCOM INC?

ChartMill assigns a valuation rating of 4 / 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 56.57 and the Price/Book (PB) ratio is 24.37.


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%.