Financials Marvell Technology Group Ltd

Equities

MRVL

US5738741041

Semiconductors

Market Closed - Nasdaq 16:00:00 2024-04-26 EDT 5-day change 1st Jan Change
69.62 USD +3.17% Intraday chart for Marvell Technology Group Ltd +12.06% +15.44%

Valuation

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 16,238 34,458 57,910 39,742 58,380 60,291 - -
Enterprise Value (EV) 1 17,029 34,903 61,844 43,323 61,595 63,353 63,080 62,349
P/E ratio 10.3 x -125 x -129 x -245 x -62.5 x -170 x 111 x 45.5 x
Yield 0.99% 0.47% 0.35% - - 0.34% 0.37% 0.4%
Capitalization / Revenue 6.02 x 11.6 x 13 x 6.71 x 10.6 x 11.3 x 8.56 x 7.14 x
EV / Revenue 6.31 x 11.8 x 13.9 x 7.32 x 11.2 x 11.9 x 8.95 x 7.39 x
EV / EBITDA 24.3 x 38.1 x 35.7 x 18 x 32.4 x 35.3 x 22.1 x 17.1 x
EV / FCF 61.2 x 49.1 x 95.1 x 40 x 59.6 x 48.8 x 28.2 x 21.6 x
FCF Yield 1.63% 2.04% 1.05% 2.5% 1.68% 2.05% 3.55% 4.62%
Price to Book 1.88 x 4.09 x 3.7 x - - 4.2 x 4.21 x 3.97 x
Nbr of stocks (in thousands) 670,700 674,198 843,800 853,200 864,500 866,000 - -
Reference price 2 24.21 51.11 68.63 46.58 67.53 69.62 69.62 69.62
Announcement Date 20-03-04 21-03-03 22-03-03 23-03-02 24-03-07 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 2,699 2,969 4,462 5,920 5,508 5,322 7,047 8,442
EBITDA 1 700.6 916.2 1,731 2,404 1,898 1,796 2,857 3,636
EBIT 1 543.9 718.3 1,465 2,099 1,599 1,478 2,508 3,223
Operating Margin 20.15% 24.19% 32.84% 35.47% 29.03% 27.77% 35.59% 38.18%
Earnings before Tax (EBT) 1 798.4 -322.2 -483.5 85.1 -758.7 -315.9 554.6 1,249
Net income 1 1,584 -277.3 -421 -163.5 -933.4 -418.9 460.1 1,286
Net margin 58.7% -9.34% -9.44% -2.76% -16.95% -7.87% 6.53% 15.23%
EPS 2 2.340 -0.4100 -0.5300 -0.1900 -1.080 -0.4097 0.6295 1.529
Free Cash Flow 1 278.4 710.5 650 1,083 1,034 1,299 2,238 2,883
FCF margin 10.31% 23.93% 14.57% 18.29% 18.78% 24.4% 31.76% 34.15%
FCF Conversion (EBITDA) 39.73% 77.55% 37.55% 45.03% 54.47% 72.29% 78.34% 79.28%
FCF Conversion (Net income) 17.57% - - - - - 486.46% 224.26%
Dividend per Share 2 0.2400 0.2400 0.2400 - - 0.2400 0.2575 0.2750
Announcement Date 20-03-04 21-03-03 22-03-03 23-03-02 24-03-07 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1
Net sales 1 1,211 1,343 1,447 1,517 1,537 1,418 1,322 1,341 1,419 1,426 1,162 1,234 1,375 1,557 1,597
EBITDA 1 489.4 563.3 587.4 630.8 638.3 547.8 412.3 435.6 494.2 556.4 306.4 342.6 434.2 553 553
EBIT 1 417.8 487 511.7 553.9 563.9 469.9 333.9 360.1 422.1 482.6 265.7 309.4 394.9 496.9 525
Operating Margin 34.5% 36.26% 35.37% 36.52% 36.68% 33.13% 25.26% 26.86% 29.75% 33.83% 22.88% 25.07% 28.71% 31.91% 32.87%
Earnings before Tax (EBT) 1 -67.58 2.074 39.2 3.8 65.3 -23.2 -232.3 -251.6 -187.5 -87.3 -183.3 -120.8 -23.57 98.26 63.89
Net income 1 -62.53 6.168 -165.7 4.3 13.3 -15.4 -168.9 -207.5 -164.3 -392.7 -201.5 -157.6 -82 8.683 19.75
Net margin -5.16% 0.46% -11.45% 0.28% 0.87% -1.09% -12.78% -15.47% -11.58% -27.53% -17.35% -12.78% -5.96% 0.56% 1.24%
EPS 2 -0.0800 0.0100 -0.2000 0.0100 0.0200 -0.0200 -0.2000 -0.2400 -0.1900 -0.4500 -0.2211 -0.1710 -0.0759 0.0437 0.0767
Dividend per Share 2 0.0600 0.0600 0.0600 0.0600 0.0600 - 0.0600 - 0.0600 - 0.0600 0.0600 0.0600 0.0600 0.0600
Announcement Date 21-12-02 22-03-03 22-05-26 22-08-25 22-12-01 23-03-02 23-05-25 23-08-24 23-11-30 24-03-07 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 791 444 3,934 3,581 3,215 3,062 2,789 2,058
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.13 x 0.485 x 2.273 x 1.489 x 1.693 x 1.705 x 0.976 x 0.5661 x
Free Cash Flow 1 278 710 650 1,083 1,034 1,299 2,238 2,883
ROE (net income / shareholders' equity) 5.56% 7.33% 10.6% 11.6% 8.6% 8.52% 13.8% 18.8%
ROA (Net income/ Total Assets) 4.2% 5.73% 7.78% 8.17% 5.99% 7.33% 10.7% 12.7%
Assets 1 37,725 -4,839 -5,412 -2,002 -15,585 -5,719 4,287 10,122
Book Value Per Share 2 12.80 12.50 18.50 - - 16.60 16.60 17.60
Cash Flow per Share 2 0.5300 1.220 1.030 1.510 1.590 1.900 2.920 4.080
Capex 1 81.9 107 169 206 336 300 323 344
Capex / Sales 3.04% 3.6% 3.79% 3.48% 6.11% 5.63% 4.58% 4.08%
Announcement Date 20-03-04 21-03-03 22-03-03 23-03-02 24-03-07 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
69.62 USD
Average target price
87.53 USD
Spread / Average Target
+25.72%
Consensus
  1. Stock Market
  2. Equities
  3. MRVL Stock
  4. Financials Marvell Technology Group Ltd