MARVELL TECHNOLOGY INC (MRVL) Fundamental Analysis & Valuation
NASDAQ:MRVL • US5738741041
92.65 USD
+3.08 (+3.44%)
At close: Mar 9, 2026
92 USD
-0.65 (-0.7%)
After Hours: 3/9/2026, 8:23:30 PM
This MRVL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
MRVL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 115 industry peers in the Semiconductors & Semiconductor Equipment industry. MRVL has only an average score on both its financial health and profitability. MRVL is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make MRVL a good candidate for growth investing.
1. MRVL Profitability Analysis
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.
- 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 82.61% of its industry peers.
- The Return On Equity of MRVL (17.60%) is better than 83.48% of its industry peers.
- The Return On Invested Capital of MRVL (4.81%) is better than 63.48% 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 90.43% of its industry peers.
- MRVL has a better Operating Margin (14.73%) than 73.91% of its industry peers.
- With a decent Gross Margin value of 50.69%, MRVL is doing good in the industry, outperforming 64.35% of the companies in the same industry.
- MRVL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.73% | ||
| 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. MRVL Health Analysis
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 6.98 indicates that MRVL is not in any danger for bankruptcy at the moment.
- MRVL has a better Altman-Z score (6.98) than 64.35% 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.
- With a decent Debt to FCF ratio value of 2.83, MRVL is doing good in the industry, outperforming 62.61% of the companies in the same industry.
- MRVL has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
- MRVL has a Debt to Equity ratio (0.28) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.83 | ||
| Altman-Z | 6.98 |
ROIC/WACC0.43
WACC11.25%
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 Current ratio of 2.01. This is in the lower half of the industry: MRVL underperforms 76.52% of its industry peers.
- A Quick Ratio of 1.64 indicates that MRVL should not have too much problems paying its short term obligations.
- MRVL's Quick ratio of 1.64 is on the low side compared to the rest of the industry. MRVL is outperformed by 70.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 |
3. MRVL Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 81.53% over the past year.
- The Earnings Per Share has been growing by 18.92% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 4.71% in the past year.
- 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)81.53%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%33.33%
Revenue 1Y (TTM)4.71%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%22.08%
3.2 Future
- The Earnings Per Share is expected to grow by 41.91% on average over the next years. This is a very strong growth
- MRVL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.72% yearly.
EPS Next Y83.83%
EPS Next 2Y48.37%
EPS Next 3Y45.32%
EPS Next 5Y41.91%
Revenue Next Year42.5%
Revenue Next 2Y31.93%
Revenue Next 3Y31.45%
Revenue Next 5Y27.72%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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.
4. MRVL Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 32.51 indicates a quite expensive valuation of MRVL.
- MRVL's Price/Earnings ratio is rather cheap when compared to the industry. MRVL is cheaper than 81.74% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MRVL to the average of the S&P500 Index (26.46), we can say MRVL is valued slightly more expensively.
- A Price/Forward Earnings ratio of 26.81 indicates a quite expensive valuation of MRVL.
- 68.70% of the companies in the same industry are more expensive than MRVL, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.65. MRVL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.51 | ||
| Fwd PE | 26.81 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MRVL is valued a bit cheaper than 65.22% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, MRVL is valued a bit cheaper than the industry average as 67.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.19 | ||
| EV/EBITDA | 32.6 |
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.
- MRVL's earnings are expected to grow with 45.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)1.72
EPS Next 2Y48.37%
EPS Next 3Y45.32%
5. MRVL Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.27%, MRVL is not a good candidate for dividend investing.
- MRVL's Dividend Yield is a higher than the industry average which is at 0.49.
- Compared to an average S&P500 Dividend Yield of 1.82, MRVL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
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
- MRVL pays out 8.33% of its income as dividend. This is a sustainable payout ratio.
DP8.33%
EPS Next 2Y48.37%
EPS Next 3Y45.32%
MRVL Fundamentals: All Metrics, Ratios and Statistics
92.65
+3.08 (+3.44%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)03-05 2026-03-05/amc
Earnings (Next)05-27 2026-05-27
Inst Owners83.77%
Inst Owner Change0.76%
Ins Owners0.21%
Ins Owner Change1.51%
Market Cap80.72B
Revenue(TTM)5.77B
Net Income(TTM)2.47B
Analysts79.22
Price Target116.92 (26.2%)
Short Float %3.73%
Short Ratio2.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.27% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.14%
DP8.33%
Div Incr Years0
Div Non Decr Years3
Ex-Date01-09 2026-01-09 (0.06)
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)0.13%
Min EPS beat(4)-0.91%
Max EPS beat(4)1.41%
EPS beat(8)3
Avg EPS beat(8)-0.56%
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)-0.82%
PT rev (3m)0.89%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)0%
EPS NY rev (3m)0.67%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.51 | ||
| Fwd PE | 26.81 | ||
| P/S | 10.36 | ||
| P/FCF | 51.19 | ||
| P/OCF | 42.69 | ||
| P/B | 5.74 | ||
| P/tB | 115.39 | ||
| EV/EBITDA | 32.6 |
EPS(TTM)2.85
EY3.08%
EPS(NY)3.46
Fwd EY3.73%
FCF(TTM)1.81
FCFY1.95%
OCF(TTM)2.17
OCFY2.34%
SpS8.95
BVpS16.13
TBVpS0.8
PEG (NY)0.39
PEG (5Y)1.72
Graham Number32.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.47% | ||
| ROE | 17.6% | ||
| ROCE | 6.09% | ||
| ROIC | 4.81% | ||
| ROICexc | 5.62% | ||
| ROICexgc | 32.72% | ||
| OM | 14.73% | ||
| 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 | 77.26% | ||
| Profit Quality | 63.73% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 6.98 |
F-Score8
WACC11.25%
ROIC/WACC0.43
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)81.53%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%33.33%
EPS Next Y83.83%
EPS Next 2Y48.37%
EPS Next 3Y45.32%
EPS Next 5Y41.91%
Revenue 1Y (TTM)4.71%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%22.08%
Revenue Next Year42.5%
Revenue Next 2Y31.93%
Revenue Next 3Y31.45%
Revenue Next 5Y27.72%
EBIT growth 1Y292.37%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year77.59%
EBIT Next 3Y45.48%
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%.