Financials Marvell Technology, Inc. Borsa Italiana

Equities

49MW

US5738741041

Semiconductors

Real-time Estimate Tradegate 11:57:48 27/06/2024 BST 5-day change 1st Jan Change
63.28 EUR -9.52% Intraday chart for Marvell Technology, Inc. +1.75% +26.00%

Valuation

Fiscal Period: February 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 16,238 34,458 57,910 39,742 58,380 59,095 - -
Enterprise Value (EV) 1 17,029 34,903 61,844 43,323 61,595 62,475 62,212 61,606
P/E ratio 10.3 x -125 x -129 x -245 x -62.5 x -145 x 134 x 45.5 x
Yield 0.99% 0.47% 0.35% - - 0.36% 0.36% 0.37%
Capitalization / Revenue 6.02 x 11.6 x 13 x 6.71 x 10.6 x 10.9 x 8.24 x 6.87 x
EV / Revenue 6.31 x 11.8 x 13.9 x 7.32 x 11.2 x 11.5 x 8.67 x 7.16 x
EV / EBITDA 24.3 x 38.1 x 35.7 x 18 x 32.4 x 36 x 22.8 x 17.4 x
EV / FCF 61.2 x 49.1 x 95.1 x 40 x 59.6 x 57.1 x 30.7 x 21 x
FCF Yield 1.63% 2.04% 1.05% 2.5% 1.68% 1.75% 3.26% 4.76%
Price to Book 1.88 x 4.09 x 3.7 x - - 4.16 x 4.14 x 3.99 x
Nbr of stocks (in thousands) 670,700 674,198 843,800 853,200 864,500 865,600 - -
Reference price 2 24.21 51.11 68.63 46.58 67.53 68.27 68.27 68.27
Announcement Date 04/03/20 03/03/21 03/03/22 02/03/23 07/03/24 - - -
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 5,410 7,172 8,600
EBITDA 1 700.6 916.2 1,731 2,404 1,898 1,733 2,734 3,537
EBIT 1 543.9 718.3 1,465 2,099 1,599 1,481 2,505 3,312
Operating Margin 20.15% 24.19% 32.84% 35.47% 29.03% 27.38% 34.93% 38.51%
Earnings before Tax (EBT) 1 798.4 -322.2 -483.5 85.1 -758.7 -365.6 537.1 1,331
Net income 1 1,584 -277.3 -421 -163.5 -933.4 -445.8 451.5 1,344
Net margin 58.7% -9.34% -9.44% -2.76% -16.95% -8.24% 6.29% 15.63%
EPS 2 2.340 -0.4100 -0.5300 -0.1900 -1.080 -0.4710 0.5084 1.499
Free Cash Flow 1 278.4 710.5 650 1,083 1,034 1,095 2,029 2,934
FCF margin 10.31% 23.93% 14.57% 18.29% 18.78% 20.24% 28.29% 34.12%
FCF Conversion (EBITDA) 39.73% 77.55% 37.55% 45.03% 54.47% 63.17% 74.22% 82.95%
FCF Conversion (Net income) 17.57% - - - - - 449.48% 218.31%
Dividend per Share 2 0.2400 0.2400 0.2400 - - 0.2440 0.2467 0.2529
Announcement Date 04/03/20 03/03/21 03/03/22 02/03/23 07/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: February 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 2026 Q2
Net sales 1 1,343 1,447 1,517 1,537 1,418 1,322 1,341 1,419 1,426 1,161 1,254 1,407 1,593 1,627 1,723
EBITDA 1 563.3 587.4 630.8 638.3 547.8 412.3 435.6 494.2 556.4 342.8 370.6 447.4 555.2 560.5 625.5
EBIT 1 487 511.7 553.9 563.9 469.9 333.9 360.1 422.1 482.6 270.2 321.4 403.3 497.6 524.3 581.6
Operating Margin 36.26% 35.37% 36.52% 36.68% 33.13% 25.26% 26.86% 29.75% 33.83% 23.28% 25.63% 28.66% 31.24% 32.22% 33.75%
Earnings before Tax (EBT) 1 2.074 39.2 3.8 65.3 -23.2 -232.3 -251.6 -187.5 -87.3 -197.8 -148.5 -60.58 40.63 25.16 40.26
Net income 1 6.168 -165.7 4.3 13.3 -15.4 -168.9 -207.5 -164.3 -392.7 -215.6 -167.6 -76.33 3.008 23.55 73.89
Net margin 0.46% -11.45% 0.28% 0.87% -1.09% -12.78% -15.47% -11.58% -27.53% -18.57% -13.36% -5.42% 0.19% 1.45% 4.29%
EPS 2 0.0100 -0.2000 0.0100 0.0200 -0.0200 -0.2000 -0.2400 -0.1900 -0.4500 -0.2500 -0.1916 -0.0838 0.0206 0.0220 0.0893
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
Announcement Date 03/03/22 26/05/22 25/08/22 01/12/22 02/03/23 25/05/23 24/08/23 30/11/23 07/03/24 30/05/24 - - - - -
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 3,392 3,156 2,661
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.13 x 0.485 x 2.273 x 1.489 x 1.693 x 1.957 x 1.154 x 0.7522 x
Free Cash Flow 1 278 710 650 1,083 1,034 1,089 2,016 2,847
ROE (net income / shareholders' equity) 5.56% 7.33% 10.6% 11.6% 8.6% 7.8% 13.5% 18.5%
ROA (Net income/ Total Assets) 4.2% 5.73% 7.78% 8.17% 5.99% 6.4% 8.13% 10.4%
Assets 1 37,725 -4,839 -5,412 -2,002 -15,585 -6,964 5,408 13,307
Book Value Per Share 2 12.80 12.50 18.50 - - 16.40 16.40 17.10
Cash Flow per Share 2 0.5300 1.220 1.030 1.510 1.590 1.740 3.040 4.090
Capex 1 81.9 107 169 206 336 341 346 381
Capex / Sales 3.04% 3.6% 3.79% 3.48% 6.11% 6.31% 4.82% 4.37%
Announcement Date 04/03/20 03/03/21 03/03/22 02/03/23 07/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
34
Last Close Price
68.27 USD
Average target price
89.54 USD
Spread / Average Target
+31.16%
Consensus
  1. Stock Market
  2. Equities
  3. MRVL Stock
  4. 49MW Stock
  5. Financials Marvell Technology, Inc.