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Market Cap

US$51.1b

Last Updated

2021/09/18 00:46 UTC

Data Sources

Company Financials +

Executive Summary

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. More Details


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Marvell Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MRVL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MRVL's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.5%

MRVL

-0.04%

US Semiconductor

-0.6%

US Market


1 Year Return

61.3%

MRVL

55.0%

US Semiconductor

33.8%

US Market

Return vs Industry: MRVL exceeded the US Semiconductor industry which returned 54.7% over the past year.

Return vs Market: MRVL exceeded the US Market which returned 33.6% over the past year.


Shareholder returns

MRVLIndustryMarket
7 Day1.5%-0.04%-0.6%
30 Day7.4%7.6%1.6%
90 Day14.4%9.1%4.6%
1 Year62.1%61.3%57.0%55.0%35.8%33.8%
3 Year238.4%229.4%137.1%125.5%60.0%50.1%
5 Year404.1%377.3%295.5%259.4%123.0%98.7%

Long-Term Price Volatility Vs. Market

How volatile is Marvell Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Marvell Technology undervalued compared to its fair value and its price relative to the market?

3.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MRVL ($62.1) is trading above our estimate of fair value ($46.87)

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


Price To Earnings Ratio

PE vs Industry: MRVL is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.

PE vs Market: MRVL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MRVL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MRVL is good value based on its PB Ratio (3.5x) compared to the US Semiconductor industry average (4.6x).


Future Growth

How is Marvell Technology forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?

71.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRVL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: MRVL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MRVL's is expected to become profitable in the next 3 years.

Revenue vs Market: MRVL's revenue (15.8% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: MRVL's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MRVL's Return on Equity is forecast to be low in 3 years time (12.4%).


Past Performance

How has Marvell Technology performed over the past 5 years?

11.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MRVL is currently unprofitable.

Growing Profit Margin: MRVL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MRVL is unprofitable, but has reduced losses over the past 5 years at a rate of 11.2% per year.

Accelerating Growth: Unable to compare MRVL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRVL is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (70.6%).


Return on Equity

High ROE: MRVL has a negative Return on Equity (-2.52%), as it is currently unprofitable.


Financial Health

How is Marvell Technology's financial position?


Financial Position Analysis

Short Term Liabilities: MRVL's short term assets ($1.9B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: MRVL's short term assets ($1.9B) do not cover its long term liabilities ($5.0B).


Debt to Equity History and Analysis

Debt Level: MRVL's debt to equity ratio (31.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MRVL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MRVL's debt is not well covered by operating cash flow (13.3%).

Interest Coverage: Insufficient data to determine if MRVL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Marvell Technology current dividend yield, its reliability and sustainability?

0.39%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MRVL's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: MRVL's dividend (0.39%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: MRVL is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MRVL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Matt Murphy (48 yo)

5.17yrs

Tenure

US$14,615,795

Compensation

Mr. Matthew J. Murphy, also known as Matt, serves as Independent Director at eBay Inc. since March 15, 2019. Mr. Murphy has been the President and Chief Executive Officer of Marvell Technology, Inc. since...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD14.62M) is about average for companies of similar size in the US market ($USD11.33M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MRVL's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: MRVL's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MRVL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.9%.


Top Shareholders

Company Information

Marvell Technology, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Marvell Technology, Inc.
  • Ticker: MRVL
  • Exchange: NasdaqGS
  • Founded: NaN
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$51.143b
  • Shares outstanding: 823.56m
  • Website: https://www.marvell.com

Number of Employees


Location

  • Marvell Technology, Inc.
  • 1000 North West Street
  • Suite 1200
  • Wilmington
  • Delaware
  • 19801
  • United States

Listings


Biography

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfoli...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:46
End of Day Share Price2021/09/17 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.