Marvell Technology Group Ltd. designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Marvell Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRVL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MRVL's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MRVL exceeded the US Semiconductor industry which returned 54% over the past year.
Return vs Market: MRVL exceeded the US Market which returned 22.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Marvell Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhen Should You Buy Marvell Technology Group Ltd. (NASDAQ:MRVL)?
1 month ago | Simply Wall StWe Wouldn't Rely On Marvell Technology Group's (NASDAQ:MRVL) Statutory Earnings As A Guide
Is Marvell Technology Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MRVL ($53.49) is trading above our estimate of fair value ($33.87)
Significantly Below Fair Value: MRVL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRVL is good value based on its PE Ratio (24x) compared to the US Semiconductor industry average (46.9x).
PE vs Market: MRVL is poor value based on its PE Ratio (24x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: MRVL is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: MRVL is good value based on its PB Ratio (4.3x) compared to the US Semiconductor industry average (4.6x).
How is Marvell Technology Group forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRVL's forecast earnings growth (52.3% per year) is above the savings rate (2%).
Earnings vs Market: MRVL's earnings (52.3% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MRVL's revenue (15.4% per year) is forecast to grow faster than the US market (10.5% per year).
High Growth Revenue: MRVL's revenue (15.4% 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 (11.8%).
How has Marvell Technology Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRVL has a large one-off gain of $897.3M impacting its October 31 2020 financial results.
Growing Profit Margin: MRVL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MRVL has become profitable over the past 5 years, growing earnings by 54.5% per year.
Accelerating Growth: MRVL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MRVL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (20.8%).
Return on Equity
High ROE: MRVL's Return on Equity (17.6%) is considered low.
How is Marvell Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: MRVL's short term assets ($1.7B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: MRVL's short term assets ($1.7B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: MRVL's debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MRVL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MRVL's debt is well covered by operating cash flow (53.3%).
Interest Coverage: Insufficient data to determine if MRVL's interest payments on its debt are well covered by EBIT.
What is Marvell Technology Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRVL's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MRVL's dividend (0.45%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MRVL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MRVL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Murphy (47 yo)
Mr. Matthew J. Murphy, also known as Matt, serves as Independent Director at eBay Inc. since March 15, 2019. Mr. Murphy has been the President and Chief Executive Officer of Marvell Technology Group Ltd. s...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD20.62M) is above average for companies of similar size in the US market ($USD10.55M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.42yrs||US$5.73m||0.016% |
|Executive VP||3.75yrs||US$4.03m||0.0064% |
|Executive Vice President of Storage Business Group||4yrs||US$3.88m||0.0063% |
|Executive VP of Networking & Processor Group and Chief Strategy Officer||no data||US$10.88m||0.12% |
|Executive VP & COO||4.58yrs||US$2.11m||0.015% |
|Chief Accounting Officer||2.58yrs||no data||0.0051% |
|Vice President of Investor Relations||no data||no data||no data|
|Executive Vice President of Marketing and Business Operations||no data||US$1.82m||no data|
Experienced Management: MRVL's management team is considered experienced (4.4 years average tenure).
|Independent Director||4.67yrs||US$301.55k||0.0082% |
|Independent Chairman||4.67yrs||US$384.05k||0.0074% |
|Independent Director||4.08yrs||US$291.55k||0.0029% |
|Independent Director||2.5yrs||US$294.68k||0.0096% |
|Independent Director||2.5yrs||US$289.05k||0.0058% |
|Independent Director||2.67yrs||US$294.68k||0.0031% |
|Independent Director||4.67yrs||US$307.80k||0.0072% |
|Director||0.50yr||no data||no data|
Experienced Board: MRVL's board of directors are considered experienced (4.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marvell Technology Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Marvell Technology Group Ltd.
- Ticker: MRVL
- Exchange: NasdaqGS
- Founded: 1995
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$35.931b
- Shares outstanding: 671.74m
- Website: https://www.marvell.com
Number of Employees
- Marvell Technology Group Ltd.
- Canon's Court
- 22 Victoria Street
- HM 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRVL||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 2000|
|MVL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2000|
|0UBI||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 2000|
|MRVL N||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jun 2000|
Marvell Technology Group Ltd. designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, inc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 23:45|
|End of Day Share Price||2021/01/21 00:00|
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.