83.22 USD
-0.23 (-0.28%)
83.26 USD
+0.04 (+0.05%)
We assign a fundamental rating of 6 out of 10 to MRVL. MRVL was compared to 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 growing strongly while it is still valued neutral. This is a good combination! With these ratings, MRVL could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
MRVL had positive earnings in the past year.
MRVL had a positive operating cash flow in the past year.
MRVL had negative earnings in each of the past 5 years.
Each year in the past 5 years MRVL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MRVL (11.47%) is better than 84.07% of its industry peers.
MRVL's Return On Equity of 17.60% is amongst the best of the industry. MRVL outperforms 82.30% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.81%, MRVL is in the better half of the industry, outperforming 62.83% of the companies in the same industry.
| 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
Looking at the Profit Margin, with a value of 31.75%, MRVL belongs to the top of the industry, outperforming 91.15% of the companies in the same industry.
Looking at the Operating Margin, with a value of 14.72%, MRVL is in the better half of the industry, outperforming 71.68% of the companies in the same industry.
Looking at the Gross Margin, with a value of 50.69%, MRVL is in the better half of the industry, outperforming 64.60% of the companies in the same industry.
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
MRVL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MRVL has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MRVL has been increased compared to 5 years ago.
MRVL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.39 indicates that MRVL is not in any danger for bankruptcy at the moment.
MRVL's Altman-Z score of 6.39 is fine compared to the rest of the industry. MRVL outperforms 61.95% 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.
MRVL has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MRVL (0.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 6.39 |
ROIC/WACC0.45
WACC10.75%
2.3 Liquidity
MRVL has a Current Ratio of 2.01. This indicates that MRVL is financially healthy and has no problem in meeting its short term obligations.
MRVL has a worse Current ratio (2.01) than 74.34% of its industry peers.
MRVL has a Quick Ratio of 1.64. This is a normal value and indicates that MRVL is financially healthy and should not expect problems in meeting 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
The Earnings Per Share has grown by an impressive 85.31% over the past year.
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!
Measured over the past years, MRVL shows a quite strong growth in Revenue. The Revenue has been growing by 16.40% on average per year.
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
MRVL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 41.91% yearly.
The Revenue is expected to grow by 24.79% on average over the next years. This is a very strong growth
EPS Next Y83.87%
EPS Next 2Y52.61%
EPS Next 3Y46%
EPS Next 5Y41.91%
Revenue Next Year42.51%
Revenue Next 2Y31.85%
Revenue Next 3Y30.13%
Revenue Next 5Y24.79%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.40, MRVL can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MRVL is valued a bit cheaper than the industry average as 79.65% of the companies are valued more expensively.
MRVL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
MRVL is valuated rather expensively with a Price/Forward Earnings ratio of 22.76.
Based on the Price/Forward Earnings ratio, MRVL is valued a bit cheaper than 79.65% of the companies in the same industry.
MRVL is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.4 | ||
| Fwd PE | 22.76 |
4.2 Price Multiples
69.03% of the companies in the same industry are more expensive than MRVL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 75.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.76 | ||
| EV/EBITDA | 29.56 |
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 46.00% in the coming years.
PEG (NY)0.37
PEG (5Y)1.66
EPS Next 2Y52.61%
EPS Next 3Y46%
5. Dividend
5.1 Amount
MRVL has a yearly dividend return of 0.29%, which is pretty low.
MRVL's Dividend Yield is a higher than the industry average which is at 0.53.
With a Dividend Yield of 0.29, MRVL pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
5.2 History
The dividend of MRVL decreases each year by -0.14%.
MRVL has been paying a dividend for at least 10 years, so it has 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
MRVL pays out 8.33% of its income as dividend. This is a sustainable payout ratio.
DP8.33%
EPS Next 2Y52.61%
EPS Next 3Y46%
83.22
-0.23 (-0.28%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners85.63%
Inst Owner Change-0.02%
Ins Owners0.2%
Ins Owner Change0.88%
Market Cap70.58B
Revenue(TTM)7.79B
Net Income(TTM)2.47B
Analysts78.4
Price Target118.4 (42.27%)
Short Float %4.36%
Short Ratio2.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
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)2.16%
PT rev (3m)33.39%
EPS NQ rev (1m)-0.95%
EPS NQ rev (3m)2.77%
EPS NY rev (1m)0.69%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)2.32%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.4 | ||
| Fwd PE | 22.76 | ||
| P/S | 9.06 | ||
| P/FCF | 44.76 | ||
| P/OCF | 37.33 | ||
| P/B | 5.02 | ||
| P/tB | 100.9 | ||
| EV/EBITDA | 29.56 |
EPS(TTM)2.65
EY3.18%
EPS(NY)3.66
Fwd EY4.39%
FCF(TTM)1.86
FCFY2.23%
OCF(TTM)2.23
OCFY2.68%
SpS9.19
BVpS16.57
TBVpS0.82
PEG (NY)0.37
PEG (5Y)1.66
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 | 6.39 |
F-Score8
WACC10.75%
ROIC/WACC0.45
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 Y83.87%
EPS Next 2Y52.61%
EPS Next 3Y46%
EPS Next 5Y41.91%
Revenue 1Y (TTM)44.95%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%36.83%
Revenue Next Year42.51%
Revenue Next 2Y31.85%
Revenue Next 3Y30.13%
Revenue Next 5Y24.79%
EBIT growth 1Y292.29%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year95.07%
EBIT Next 3Y45.18%
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 for MRVL stock?
ChartMill assigns a valuation rating of 5 / 10 to MARVELL TECHNOLOGY INC (MRVL). This can be considered as Fairly Valued.
Can you provide the profitability details for MARVELL TECHNOLOGY INC?
MARVELL TECHNOLOGY INC (MRVL) has a profitability rating of 5 / 10.
What is the financial health of MARVELL TECHNOLOGY INC (MRVL) stock?
The financial health rating of MARVELL TECHNOLOGY INC (MRVL) is 5 / 10.
Can you provide the dividend sustainability for MRVL stock?
The dividend rating of MARVELL TECHNOLOGY INC (MRVL) is 4 / 10 and the dividend payout ratio is 8.33%.