Marvell Technology, Inc.

WBAG:MRVL Stock Report

Market Cap: €74.3b

Marvell Technology Valuation

Is MRVL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MRVL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MRVL (€88.11) is trading above our estimate of fair value (€64.52)

Significantly Below Fair Value: MRVL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MRVL?

Key metric: As MRVL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MRVL. This is calculated by dividing MRVL's market cap by their current revenue.
What is MRVL's PS Ratio?
PS Ratio15.3x
SalesUS$5.28b
Market CapUS$77.84b

Price to Sales Ratio vs Peers

How does MRVL's PS Ratio compare to its peers?

The above table shows the PS ratio for MRVL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.3x
ADI Analog Devices
11x8.4%US$104.8b
NXPI NXP Semiconductors
4.4x5.5%US$56.0b
A000660 SK hynix
2x20.0%₩116.2t
2454 MediaTek
3.9x11.8%NT$2.0t
MRVL Marvell Technology
15.3x18.9%€77.8b

Price-To-Sales vs Peers: MRVL is expensive based on its Price-To-Sales Ratio (15.3x) compared to the peer average (5.3x).

Price to Sales Ratio vs Industry

How does MRVL's PS Ratio compare vs other companies in the European Semiconductor Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
MRVL 15.3xIndustry Avg. 1.7xNo. of Companies7PS012345+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MRVL is expensive based on its Price-To-Sales Ratio (15.3x) compared to the European Semiconductor industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is MRVL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MRVL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio15.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MRVL's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MRVL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€88.11
€86.61
-1.7%
10.0%€113.30€70.06n/a33
Nov ’25€78.68
€81.99
+4.2%
10.3%€107.51€66.48n/a31
Oct ’25€63.66
€81.99
+28.8%
10.3%€107.51€66.48n/a31
Sep ’25€67.25
€83.80
+24.6%
9.2%€108.58€67.86n/a31
Aug ’25€60.55
€82.87
+36.9%
7.4%€96.36€68.83n/a31
Jul ’25€64.74
€83.84
+29.5%
7.7%€98.11€70.08n/a32
Jun ’25€62.69
€82.91
+32.3%
7.6%€96.79€69.14n/a32
May ’25€62.97
€82.60
+31.2%
9.9%€98.65€61.07n/a32
Apr ’25€66.28
€80.49
+21.4%
10.6%€95.93€55.73n/a32
Mar ’25€70.22
€68.50
-2.5%
12.1%€92.52€51.81n/a30
Feb ’25€60.44
€66.56
+10.1%
11.3%€92.55€51.83n/a31
Jan ’25€55.26
€61.10
+10.6%
11.0%€90.56€50.71n/a31
Dec ’24€48.88
€62.19
+27.2%
11.2%€91.95€51.49n/a31
Nov ’24€44.50
€66.04
+48.4%
11.9%€94.62€52.99€78.6830
Oct ’24€51.52
€65.42
+27.0%
11.5%€93.59€52.41€63.6631
Sep ’24€53.74
€65.11
+21.2%
11.0%€92.57€55.54€67.2530
Aug ’24€59.89
€62.65
+4.6%
11.8%€89.89€53.93€60.5530
Jul ’24€54.74
€61.25
+11.9%
11.7%€91.27€50.20€64.7429
Jun ’24€56.71
€61.25
+8.0%
12.9%€93.22€46.61€62.6930
May ’24€34.88
€51.82
+48.6%
19.4%€90.55€40.75€62.9730
Apr ’24€39.50
€53.57
+35.6%
19.3%€93.77€42.20€66.2830
Mar ’24€42.53
€57.76
+35.8%
23.9%€117.90€38.67€70.2229
Feb ’24€40.56
€56.51
+39.3%
23.8%€115.04€37.73€60.4429
Jan ’24€34.29
€58.78
+71.4%
22.9%€117.64€38.59€55.2630
Dec ’23n/a
€67.52
0%
19.9%€120.98€50.33€48.8830
Nov ’23n/a
€73.04
0%
20.8%€127.01€52.84€44.5030

Analyst Forecast: Target price is lower than the current share price.

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