(MRVL) Marvell Technology - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 166.959m USD | Total Return: 208.5% in 12m
Avg Turnover: 3.96B
EPS Trend: 69.1%
Qual. Beats: 0
Rev. Trend: 78.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20, Rs(ibd) Leader, Idiosyncratic Leader, Tailwind
Marvell Technology, Inc. designs and develops high-performance semiconductor solutions focused on data infrastructure. Its product portfolio includes system-on-a-chip (SoC) architectures, Ethernet switches, storage controllers, and optical interconnects. These components facilitate data movement and storage across data centers, carrier networks, and enterprise environments globally.
The company operates within the fabless semiconductor model, outsourcing the capital-intensive manufacturing of silicon wafers to third-party foundries while retaining control over design and intellectual property. This sector is currently driven by the increasing demand for specialized Application Specific Integrated Circuits (ASICs) and high-speed optical connectivity required for artificial intelligence workloads.
Further analysis of the companys valuation metrics on ValueRay can provide deeper insight into its market positioning. Marvell serves a diverse customer base through both direct sales and distribution networks, maintaining a significant presence in major technology hubs including the United States, China, and Southeast Asia.
- AI-driven demand for custom ASICs fuels high-margin data center revenue growth
- Optical interconnect product adoption accelerates due to hyperscale infrastructure expansion
- Cyclical recovery in carrier and enterprise networking markets stabilizes total turnover
- Geopolitical trade restrictions on high-performance semiconductors impact long-term China revenue
- Research and development spending on advanced process nodes pressures operating margins
| Net Income: 2.67b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.62 > 1.0 |
| NWC/Revenue: 39.54% < 20% (prev 18.96%; Δ 20.58% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.75b > Net Income 2.67b |
| Net Debt (2.15b) to EBITDA (4.53b): 0.47 < 3 |
| Current Ratio: 2.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (856.2m) vs 12m ago -1.07% < -2% |
| Gross Margin: 50.10% > 18% (prev 0.41%; Δ 4.97k% > 0.5%) |
| Asset Turnover: 38.57% > 50% (prev 28.54%; Δ 10.03% > 0%) |
| Interest Coverage Ratio: 15.21 > 6 (EBITDA TTM 4.53b / Interest Expense TTM 213.1m) |
| A: 0.15 (Total Current Assets 6.46b - Total Current Liabilities 3.22b) / Total Assets 22.3b |
| B: 0.06 (Retained Earnings 1.36b / Total Assets 22.3b) |
| C: 0.15 (EBIT TTM 3.24b / Avg Total Assets 21.2b) |
| D: 0.17 (Book Value of Equity 1.36b / Total Liabilities 7.98b) |
| Altman-Z'' = 2.36 = BBB |
| DSRI: 1.50 (Receivables 2.19b/1.03b, Revenue 8.19b/5.77b) |
| GMI: 0.82 (GM 50.10% / 41.31%) |
| AQI: 0.84 (AQ_t 0.67 / AQ_t-1 0.79) |
| SGI: 1.42 (Revenue 8.19b / 5.77b) |
| TATA: 0.04 (NI 2.67b - CFO 1.75b) / TA 22.3b) |
| Beneish M = -2.53 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 196.33 with a total of 19,702,156 shares traded.
Over the past week, the price has changed by +10.99%,
over one month by +19.49%,
over three months by +150.58% and
over the past year by +208.46%.
Marvell Technology has received a consensus analysts rating of 4.49. Therefore, it is recommended to buy MRVL.
- StrongBuy: 23
- Buy: 9
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 148.2 | -24.5% |
P/E Trailing = 62.114
P/E Forward = 48.5437
P/S = 20.3743
P/B = 11.4306
P/EG = 2.1913
Revenue TTM = 8.19b USD
EBIT TTM = 3.24b USD
EBITDA TTM = 4.53b USD
Long Term Debt = 3.97b USD (from longTermDebt, last quarter)
Short Term Debt = 499.8m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter) + Leases 319.7m
Net Debt = 2.15b USD (calculated: Debt 4.79b - CCE 2.64b)
Enterprise Value = 169b USD (167b + Debt 4.79b - CCE 2.64b)
Interest Coverage Ratio = 15.21 (Ebit TTM 3.24b / Interest Expense TTM 213.1m)
EV/FCF = 121.3x (Enterprise Value 169b / FCF TTM 1.39b)
FCF Yield = 0.82% (FCF TTM 1.39b / Enterprise Value 169b)
FCF Margin = 17.01% (FCF TTM 1.39b / Revenue TTM 8.19b)
Net Margin = 32.58% (Net Income TTM 2.67b / Revenue TTM 8.19b)
Gross Margin = 50.10% ((Revenue TTM 8.19b - Cost of Revenue TTM 4.09b) / Revenue TTM)
Gross Margin QoQ = 48.37% (prev 51.57%)
Tobins Q-Ratio = 7.59 (Enterprise Value 169b / Total Assets 22.3b)
Interest Expense / Debt = 4.45% (Interest Expense 213.1m / Debt 4.79b)
Taxrate = 12.36% (376.5m / 3.05b)
NOPAT = 2.84b (EBIT 3.24b * (1 - 12.36%))
Current Ratio = 2.01 (Total Current Assets 6.46b / Total Current Liabilities 3.22b)
Debt / Equity = 0.33 (Debt 4.79b / totalStockholderEquity, last quarter 14.3b)
Debt / EBITDA = 0.47 (Net Debt 2.15b / EBITDA 4.53b)
Debt / FCF = 1.54 (Net Debt 2.15b / FCF TTM 1.39b)
Total Stockholder Equity = 13.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.57% (Net Income 2.67b / Total Assets 22.3b)
RoE = 19.38% (Net Income TTM 2.67b / Total Stockholder Equity 13.8b)
RoCE = 18.26% (EBIT 3.24b / Capital Employed (Equity 13.8b + L.T.Debt 3.97b))
RoIC = 14.53% (NOPAT 2.84b / Invested Capital 19.6b)
WACC = 16.17% (E(167b)/V(172b) * Re(16.52%) + D(4.79b)/V(172b) * Rd(4.45%) * (1-Tc(0.12)))
Discount Rate = 16.52% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 35.96 | Cagr: -0.33%
[DCF] Terminal Value 53.07% ; FCFF base≈1.39b ; Y1≈1.40b ; Y5≈1.49b
[DCF] Fair Price = 8.94 (EV 9.98b - Net Debt 2.15b = Equity 7.82b / Shares 875.6m; r=16.17% [WACC]; 5y FCF grow 0.33% → 2.50% )
EPS Correlation: 69.13 | EPS CAGR: 35.12% | SUE: 0.03 | # QB: 0
Revenue Correlation: 78.73 | Revenue CAGR: 14.61% | SUE: 0.44 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.90 | Chg30d=-0.59% | Revisions=+14% | Analysts=32
EPS current Year (2027-01-31): EPS=3.82 | Chg30d=-0.33% | Revisions=+14% | GrowthEPS=+34.4% | GrowthRev=+32.9%
EPS next Year (2028-01-31): EPS=5.45 | Chg30d=+0.55% | Revisions=+25% | GrowthEPS=+42.9% | GrowthRev=+36.8%
[Analyst] Revisions Ratio: +25%