86.34 USD
-0.15 (-0.17%)
86.03 USD
-0.31 (-0.36%)
Overall MRVL gets a fundamental rating of 6 out of 10. We evaluated MRVL against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of MRVL get a neutral evaluation. Nothing too spectacular is happening here. MRVL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make MRVL suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year MRVL was profitable.
MRVL had a positive operating cash flow in the past year.
In the past 5 years MRVL always reported negative net income.
In the past 5 years MRVL always reported a positive cash flow from operatings.
1.2 Ratios
MRVL has a better Return On Assets (11.47%) than 84.07% of its industry peers.
MRVL has a better Return On Equity (17.60%) than 82.30% of its industry peers.
MRVL has a Return On Invested Capital of 4.81%. This is in the better half of the industry: MRVL outperforms 62.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROIC | 4.81% |
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
MRVL has a better Profit Margin (31.75%) than 91.15% of its industry peers.
MRVL has a better Operating Margin (14.72%) than 71.68% of its industry peers.
MRVL has a Gross Margin of 50.69%. This is in the better half of the industry: MRVL outperforms 64.60% of its industry peers.
In the last couple of years the Gross Margin of MRVL 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MRVL is destroying value.
The number of shares outstanding for MRVL remains at a similar level compared to 1 year ago.
MRVL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MRVL is higher compared to a year ago.
2.2 Solvency
MRVL has an Altman-Z score of 6.61. This indicates that MRVL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MRVL (6.61) is better than 62.83% of its industry peers.
MRVL has a debt to FCF ratio of 2.83. This is a good value and a sign of high solvency as MRVL would need 2.83 years to pay back of all of its debts.
The Debt to FCF ratio of MRVL (2.83) is better than 64.60% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that MRVL is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.28, MRVL perfoms like the industry average, outperforming 41.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 6.61 |
ROIC/WACC0.46
WACC10.56%
2.3 Liquidity
A Current Ratio of 2.01 indicates that MRVL has no problem at all paying its short term obligations.
MRVL has a worse Current ratio (2.01) than 74.34% of its industry peers.
A Quick Ratio of 1.64 indicates that MRVL should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.64, MRVL is not doing good in the industry: 69.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
MRVL 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, MRVL shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.92% on average per year.
The Revenue has grown by 44.95% in the past year. This is a very strong growth!
The Revenue has been growing by 16.40% on average over the past years. This is quite good.
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, MRVL will show a very strong growth in Earnings Per Share. The EPS will grow by 35.15% on average per year.
MRVL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.16% yearly.
EPS Next Y83.31%
EPS Next 2Y53.09%
EPS Next 3Y45.52%
EPS Next 5Y35.15%
Revenue Next Year42.56%
Revenue Next 2Y32.02%
Revenue Next 3Y30.28%
Revenue Next 5Y22.16%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
MRVL is valuated quite expensively with a Price/Earnings ratio of 32.58.
72.57% of the companies in the same industry are more expensive than MRVL, based on the Price/Earnings ratio.
MRVL's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.57.
The Price/Forward Earnings ratio is 23.47, which indicates a rather expensive current valuation of MRVL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 76.99% of the companies listed in the same industry.
MRVL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.58 | ||
| Fwd PE | 23.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 64.60% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MRVL is valued a bit cheaper than 69.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.44 | ||
| EV/EBITDA | 30.7 |
4.3 Compensation for Growth
MRVL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MRVL's earnings are expected to grow with 45.52% in the coming years.
PEG (NY)0.39
PEG (5Y)1.72
EPS Next 2Y53.09%
EPS Next 3Y45.52%
5. Dividend
5.1 Amount
MRVL has a yearly dividend return of 0.28%, which is pretty low.
Compared to an average industry Dividend Yield of 0.56, MRVL pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.28, MRVL pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
5.2 History
The dividend of MRVL decreases each year by -0.14%.
MRVL has paid a dividend for at least 10 years, which is a reliable track record.
MRVL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
8.33% of the earnings are spent on dividend by MRVL. This is a low number and sustainable payout ratio.
DP8.33%
EPS Next 2Y53.09%
EPS Next 3Y45.52%
86.34
-0.15 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners84.62%
Inst Owner Change-0.23%
Ins Owners0.19%
Ins Owner Change0.93%
Market Cap73.22B
Revenue(TTM)7.79B
Net Income(TTM)2.47B
Analysts78.37
Price Target118.4 (37.13%)
Short Float %4.55%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.28% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.14%
DP8.33%
Div Incr Years0
Div Non Decr Years3
Ex-Date
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)29.37%
PT rev (3m)34.9%
EPS NQ rev (1m)2.57%
EPS NQ rev (3m)4.19%
EPS NY rev (1m)0.77%
EPS NY rev (3m)0.72%
Revenue NQ rev (1m)1.44%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0.68%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.58 | ||
| Fwd PE | 23.47 | ||
| P/S | 9.4 | ||
| P/FCF | 46.44 | ||
| P/OCF | 38.73 | ||
| P/B | 5.21 | ||
| P/tB | 104.68 | ||
| EV/EBITDA | 30.7 |
EPS(TTM)2.65
EY3.07%
EPS(NY)3.68
Fwd EY4.26%
FCF(TTM)1.86
FCFY2.15%
OCF(TTM)2.23
OCFY2.58%
SpS9.19
BVpS16.57
TBVpS0.82
PEG (NY)0.39
PEG (5Y)1.72
Graham Number31.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROCE | 6.09% | ||
| ROIC | 4.81% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 32.71% | ||
| 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 | 6.61 |
F-Score8
WACC10.56%
ROIC/WACC0.46
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 Y83.31%
EPS Next 2Y53.09%
EPS Next 3Y45.52%
EPS Next 5Y35.15%
Revenue 1Y (TTM)44.95%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%36.83%
Revenue Next Year42.56%
Revenue Next 2Y32.02%
Revenue Next 3Y30.28%
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 / MRVL FAQ
What is the fundamental rating for MRVL stock?
ChartMill assigns a fundamental rating of 6 / 10 to MRVL.
What is the valuation status of MARVELL TECHNOLOGY INC (MRVL) stock?
ChartMill assigns a valuation rating of 5 / 10 to MARVELL TECHNOLOGY INC (MRVL). This can be considered as Fairly Valued.
What is the profitability of MRVL stock?
MARVELL TECHNOLOGY INC (MRVL) has a profitability rating of 5 / 10.
How financially healthy is MARVELL TECHNOLOGY INC?
The financial health rating of MARVELL TECHNOLOGY INC (MRVL) is 5 / 10.
Is the dividend of MARVELL TECHNOLOGY INC sustainable?
The dividend rating of MARVELL TECHNOLOGY INC (MRVL) is 4 / 10 and the dividend payout ratio is 8.33%.