MRVL Stock Overview
Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.
Marvell Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$55.01|
|52 Week High||US$93.85|
|52 Week Low||US$41.25|
|1 Month Change||-10.89%|
|3 Month Change||-18.56%|
|1 Year Change||23.59%|
|3 Year Change||143.41%|
|5 Year Change||227.83%|
|Change since IPO||288.59%|
Recent News & Updates
Marvell: Well Positioned For Long-Term Performance
Marvell is a semiconductor company with application-specific expertise in some of the fastest-growing industries. Marvell stands to benefit from the global multi-year strategic shift towards automotive, cloud/data centers, and 5G – also implying exposure to the metaverse story. In the past year, MRVL management not only delivered robust financial performance but also guided the Street with a bullish long-term outlook. In this article, I use a residual earnings framework to value MRVL's fair share price at $75.97/share, implying a 41.3% upside potential.
Marvell Technology (NASDAQ:MRVL) Is Carrying A Fair Bit Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
|MRVL||US Semiconductor||US Market|
Return vs Industry: MRVL exceeded the US Semiconductor industry which returned 9.5% over the past year.
Return vs Market: MRVL exceeded the US Market which returned -8.1% over the past year.
|MRVL Average Weekly Movement||9.2%|
|Semiconductor Industry Average Movement||8.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: MRVL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MRVL's weekly volatility (9%) has been stable over the past year.
About the Company
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 portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity.
Marvell Technology Fundamentals Summary
|MRVL fundamental statistics|
Is MRVL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MRVL income statement (TTM)|
|Cost of Revenue||US$2.20b|
Last Reported Earnings
Jan 29, 2022
Next Earnings Date
May 26, 2022
|Earnings per share (EPS)||-0.49|
|Net Profit Margin||-9.44%|
How did MRVL perform over the long term?See historical performance and comparison
0.4%Current Dividend Yield
Is Marvell Technology undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRVL ($55.01) is trading below our estimate of fair value ($59.18)
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 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 (3x) compared to the US Semiconductor industry average (3.5x).
How is Marvell Technology forecast to perform in the next 1 to 3 years based on estimates from 29 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.9%).
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 (20.5% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: MRVL's revenue (20.5% per year) is forecast to grow faster 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 (16.3%).
How has Marvell Technology performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 6.3% 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 (70.5%).
Return on Equity
High ROE: MRVL has a negative Return on Equity (-2.68%), as it is currently unprofitable.
How is Marvell Technology's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MRVL's short term assets ($2.5B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: MRVL's short term assets ($2.5B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: MRVL's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MRVL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MRVL's debt is not well covered by operating cash flow (18%).
Interest Coverage: Insufficient data to determine if MRVL's interest payments on its debt are well covered by EBIT.
What is Marvell Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRVL's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: MRVL's dividend (0.44%) is low compared to the top 25% of dividend payers in the US market (3.97%).
Stability and Growth of Payments
Stable Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MRVL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: MRVL is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: MRVL is not paying a notable dividend for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Murphy (48 yo)
Mr. Matthew J. Murphy, also known as Matt, serves as Independent Director at eBay Inc. since March 15, 2019. Mr. Murphy has been the President and Chief Executive Officer of Marvell Technology, Inc. since...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD15.51M) is about average for companies of similar size in the US market ($USD13.27M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
Experienced Management: MRVL's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: MRVL's board of directors are considered experienced (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 6.3%.
Marvell Technology, Inc.'s employee growth, exchange listings and data sources
- Name: Marvell Technology, Inc.
- Ticker: MRVL
- Exchange: NasdaqGS
- Founded: 1995
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$49.578b
- Shares outstanding: 850.69m
- Website: https://www.marvell.com
Number of Employees
- Marvell Technology, Inc.
- 1000 North West Street
- Suite 1200
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 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.