Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.
Reasonable growth potential with mediocre 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MRVL underperformed the US Semiconductor industry which returned 26.2% over the past year.
Return vs Market: MRVL exceeded the US Market which returned 10.2% over the past year.
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
1 week ago | Simply Wall StMarvell Technology Group Ltd. (NASDAQ:MRVL) Insiders Have Been Selling
3 weeks ago | Simply Wall StIs Marvell Technology Group Ltd. (NASDAQ:MRVL) A Good Dividend Stock?
1 month ago | Simply Wall StIs Marvell Technology Group Ltd. (NASDAQ:MRVL) Worth US$28.5 Based On Its Intrinsic Value?
Is Marvell Technology Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRVL ($22.36) is trading below our estimate of fair value ($22.88)
Significantly Below Fair Value: MRVL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MRVL is unprofitable, so we can't compare its PE Ratio to the 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 (2.1x) compared to the US Semiconductor industry average (2.8x).
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 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
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 (13.1% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: MRVL's revenue (13.1% 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 (13.1%).
How has Marvell Technology Group performed over the past 5 years?
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, and losses have increased over the past 5 years at a rate of -4% 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 (-28.7%).
Return on Equity
High ROE: MRVL has a negative Return on Equity (-6.27%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Marvell Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: MRVL's short term assets ($1.9B) exceed its short term liabilities ($654.5M).
Long Term Liabilities: MRVL's short term assets ($1.9B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: MRVL's debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MRVL's debt to equity ratio has reduced over the past 5 years.
Inventory Level: MRVL has a low level of unsold assets or inventory.
Debt Coverage by Assets: MRVL's debt is not covered by short term assets (assets are 0.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MRVL has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: MRVL has been profitable on average in the past, therefore cash runway is not a concern.
What is Marvell Technology Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MRVL's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: MRVL's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MRVL has been paying a dividend for less than 10 years.
Growing Dividend: MRVL has only been paying a dividend for 8 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: MRVL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: MRVL's dividends in 3 years are forecast to be well covered by earnings (19.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Murphy (46yo)
Mr. Matthew J. Murphy, also known as Matt, serves as Independent Director at eBay Inc. since March 01, 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 ($USD7.17M) is below average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||3.5yrs||US$2.82m||0.013% $2.0m|
|Chief Administration & Legal Officer and Secretary||2.8yrs||US$1.99m||0.0083% $1.2m|
|Chief Strategy Officer||2.1yrs||US$4.04m||0.11% $16.3m|
|Executive VP & COO||3.7yrs||US$2.11m||0.013% $2.0m|
|Chief Accounting Officer||1.7yrs||no data||0.0043% $640.4k|
Experienced Management: MRVL's management team is considered experienced (3.1 years average tenure).
|Independent Director||3.8yrs||US$299.49k||0.0068% $1.0m|
|Independent Chairman||3.8yrs||US$357.59k||0.0097% $1.5m|
|Independent Director||3.2yrs||US$287.59k||0.0015% $225.0k|
|Independent Director||1.8yrs||US$305.71k||0.0023% $350.9k|
|Independent Director||1.6yrs||US$255.63k||0.0082% $1.2m|
|Independent Director||1.6yrs||US$252.71k||0.0044% $661.4k|
|Independent Director||3.8yrs||US$302.59k||0.0035% $521.9k|
|Independent Director||3.8yrs||US$297.62k||0.0074% $1.1m|
Experienced Board: MRVL's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.
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$14.997b
- Shares outstanding: 670.70m
- 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 markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as preamplifiers; supports a variety of host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, and non-volatile memory express; and develops software-enabled silicon solutions comprising SATA port multipliers, bridges, SATA, SAS, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses. The company also provides networking products, which comprise Ethernet solutions consisting of Ethernet switches, Ethernet physical-layer transceivers, embedded communication processors, and Ethernet adapters and controllers. In addition, it offers a portfolio of connectivity solutions, including Wi-Fi and Wi-Fi/Bluetooth integrated system-on-a-chip (SoC) products, which are integrated into various end devices, such as enterprise access points, home gateways and voice assistants, multimedia devices, gaming products, printers, automotive infotainment and telematics units, and smart industrial devices. Further, the company provides printer SoC products and application processors. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology Group Ltd. has a strategic partnership with Arm for the design and development of MarvellÂ ThunderXÂ server processor technology. The company was founded in 1995 and is headquartered in Hamilton, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:11|
|End of Day Share Price||2020/02/26 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.