MARVELL TECHNOLOGY INC (MRVL) Stock Fundamental Analysis
USA - NASDAQ:MRVL - US5738741041 - Common Stock
90.6 USD
+2.14 (+2.42%)
We assign a fundamental rating of 5 out of 10 to MRVL. MRVL was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. The financial health of MRVL is average, but there are quite some concerns on its profitability. MRVL is growing strongly while it is still valued neutral. This is a good combination!
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.
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 (-0.50%) is comparable to the rest of the industry.
MRVL's Return On Equity of -0.77% is in line compared to the rest of the industry. MRVL outperforms 47.32% of its industry peers.
MRVL has a Return On Invested Capital (1.89%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -0.77% | ||
| ROIC | 1.89% |
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 Operating Margin, with a value of 6.02%, MRVL is in line with its industry, outperforming 57.14% of the companies in the same industry.
MRVL has a Gross Margin of 44.64%. This is comparable to the rest of the industry: MRVL outperforms 50.89% of its industry peers.
MRVL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | N/A | ||
| GM | 44.64% |
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.
MRVL has a worse debt/assets ratio than last year.
2.2 Solvency
MRVL has an Altman-Z score of 6.87. This indicates that MRVL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.87, MRVL is in the better half of the industry, outperforming 63.39% of the companies in the same industry.
The Debt to FCF ratio of MRVL is 2.92, which is a good value as it means it would take MRVL, 2.92 years of fcf income to pay off all of its debts.
MRVL's Debt to FCF ratio of 2.92 is fine compared to the rest of the industry. MRVL outperforms 64.29% of its industry peers.
A Debt/Equity ratio of 0.30 indicates that MRVL is not too dependend on debt financing.
MRVL has a Debt to Equity ratio (0.30) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 6.87 |
ROIC/WACC0.16
WACC11.55%
2.3 Liquidity
A Current Ratio of 1.88 indicates that MRVL should not have too much problems paying its short term obligations.
MRVL's Current ratio of 1.88 is on the low side compared to the rest of the industry. MRVL is outperformed by 75.00% of its industry peers.
MRVL has a Quick Ratio of 1.44. This is a normal value and indicates that MRVL is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.44, MRVL is doing worse than 72.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
MRVL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.54%, which is quite impressive.
The Earnings Per Share has been growing by 18.92% on average over the past years. This is quite good.
Looking at the last year, MRVL shows a very strong growth in Revenue. The Revenue has grown by 37.05%.
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)64.54%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%123.33%
Revenue 1Y (TTM)37.05%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%57.6%
3.2 Future
The Earnings Per Share is expected to grow by 35.15% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 22.76% on average over the next years. This is a very strong growth
EPS Next Y82.15%
EPS Next 2Y47.51%
EPS Next 3Y38.51%
EPS Next 5Y35.15%
Revenue Next Year41.63%
Revenue Next 2Y28.19%
Revenue Next 3Y24.67%
Revenue Next 5Y22.76%
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. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 39.05, which means the current valuation is very expensive for MRVL.
Compared to the rest of the industry, the Price/Earnings ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 65.18% of the companies listed in the same industry.
MRVL's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.00.
MRVL is valuated quite expensively with a Price/Forward Earnings ratio of 26.52.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MRVL indicates a somewhat cheap valuation: MRVL is cheaper than 67.86% of the companies listed in the same industry.
MRVL's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.05 | ||
| Fwd PE | 26.52 |
4.2 Price Multiples
MRVL's Enterprise Value to EBITDA is on the same level as the industry average.
65.18% of the companies in the same industry are more expensive than MRVL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.05 | ||
| EV/EBITDA | 45.16 |
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 38.51% in the coming years.
PEG (NY)0.48
PEG (5Y)2.06
EPS Next 2Y47.51%
EPS Next 3Y38.51%
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 2.18.
With a Dividend Yield of 0.29, MRVL pays less dividend than the S&P500 average, which is at 2.31.
| 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
The earnings of MRVL are negative and hence is the payout ratio. MRVL will probably not be able to sustain this dividend level.
DP-200.48%
EPS Next 2Y47.51%
EPS Next 3Y38.51%
NASDAQ:MRVL (10/29/2025, 10:47:09 AM)
90.6
+2.14 (+2.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners85.57%
Inst Owner Change-0.62%
Ins Owners0.18%
Ins Owner Change0.5%
Market Cap78.11B
Revenue(TTM)7.23B
Net Income(TTM)-103400000
Analysts79.17
Price Target88.76 (-2.03%)
Short Float %4.23%
Short Ratio1.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.29% |
Yearly Dividend0.24
Dividend Growth(5Y)-0.14%
DP-200.48%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.3%
Min EPS beat(2)-0.87%
Max EPS beat(2)0.27%
EPS beat(4)2
Avg EPS beat(4)0.68%
Min EPS beat(4)-0.87%
Max EPS beat(4)3.57%
EPS beat(8)3
Avg EPS beat(8)-0.71%
EPS beat(12)5
Avg EPS beat(12)-0.84%
EPS beat(16)7
Avg EPS beat(16)-0.04%
Revenue beat(2)0
Avg Revenue beat(2)-1.59%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-1.08%
Revenue beat(4)1
Avg Revenue beat(4)-0.46%
Min Revenue beat(4)-2.09%
Max Revenue beat(4)2.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.9%
Revenue beat(12)1
Avg Revenue beat(12)-1.03%
Revenue beat(16)2
Avg Revenue beat(16)-0.76%
PT rev (1m)1.13%
PT rev (3m)-3.98%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)0.83%
EPS NY rev (1m)0.13%
EPS NY rev (3m)0.01%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-2.5%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.05 | ||
| Fwd PE | 26.52 | ||
| P/S | 10.8 | ||
| P/FCF | 51.05 | ||
| P/OCF | 42.34 | ||
| P/B | 5.82 | ||
| P/tB | 512.84 | ||
| EV/EBITDA | 45.16 |
EPS(TTM)2.32
EY2.56%
EPS(NY)3.42
Fwd EY3.77%
FCF(TTM)1.77
FCFY1.96%
OCF(TTM)2.14
OCFY2.36%
SpS8.39
BVpS15.57
TBVpS0.18
PEG (NY)0.48
PEG (5Y)2.06
Graham Number28.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.5% | ||
| ROE | -0.77% | ||
| ROCE | 2.39% | ||
| ROIC | 1.89% | ||
| ROICexc | 2.03% | ||
| ROICexgc | 9.31% | ||
| OM | 6.02% | ||
| PM (TTM) | N/A | ||
| GM | 44.64% | ||
| FCFM | 21.15% |
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 Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 23.75% | ||
| Cap/Sales | 4.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.79% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 6.87 |
F-Score8
WACC11.55%
ROIC/WACC0.16
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)64.54%
EPS 3Y0.21%
EPS 5Y18.92%
EPS Q2Q%123.33%
EPS Next Y82.15%
EPS Next 2Y47.51%
EPS Next 3Y38.51%
EPS Next 5Y35.15%
Revenue 1Y (TTM)37.05%
Revenue growth 3Y8.93%
Revenue growth 5Y16.4%
Sales Q2Q%57.6%
Revenue Next Year41.63%
Revenue Next 2Y28.19%
Revenue Next 3Y24.67%
Revenue Next 5Y22.76%
EBIT growth 1Y210.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year90.07%
EBIT Next 3Y36.52%
EBIT Next 5Y34.57%
FCF growth 1Y99.78%
FCF growth 3Y30.02%
FCF growth 5Y38.4%
OCF growth 1Y70.28%
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 5 / 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 3 / 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 3 / 10 and the dividend payout ratio is -200.48%.