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Marvell Technology, Inc. MRVL NDXAI

Technology · Semiconductors · United States
https://www.marvell.com

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers for server and storage system connectivity; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, compute express link switches, non-volatile memory express (NVMe), and NVMe over fabrics; and develops ultra accelerator linkTM switches and ethernet for scale-up networking switches. The company serves data centers, communications, and other markets. It offers its products through direct customers and distributors. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

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$205.00
+241.51% 1Y

Market & Price

Market Cap
$179.49B
Current Price
$205.00
High / Low (52W)
$208.26 / $60.03
Beta
2.25

Valuation

Stock P/E
70.45
Industry PE
32.74
Forward P/E
33.74
PEG Ratio
1.17
Book Value
$16.89
Price to Book
12.14
P/S
20.59
EV/EBITDA
66.66
Dividend Yield
0.12%

Profitability & Returns

ROCE
17.04%
ROE
16.03%
ROA
3.81%
Profit Margin
28.99%
Op Margin
14.48%
EPS (Latest Qtr)
$0.04
EPS (TTM)
$2.91

Balance Sheet & Liquidity

Debt/Equity
0.29
Quick Ratio
2.51
Current Ratio
3.28
Debt
$5.28B
Total Assets
$22.29B
Current Assets
$6.46B
Working Capital
$3.24B

Ownership

Promoter Holding
0.74%
Chg in Prom Hold
-
FII / Inst Holding
85.48%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$180.77B
Total Revenue (TTM)
$8.72B
EBITDA
$2.71B
Free Cash Flow
$2.27B
Operating Cash Flow
$2.06B
Shares Outstanding
875.55M
Gross Margin
51.50%
Payout Ratio
8.25%

Growth (CAGR)

Revenue 5Y
11.45%
Profit 5Y
577.70%
Revenue (YoY)
27.60%
Earnings (YoY)
-80.40%

PROS

  • Excellent profit margin of 29.0%.
  • Compounding revenue at 11.4% over 5 years.
  • Profit CAGR of 577.7% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 70.4.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MRVL Marvell Technology, Inc. NDXAI 205.00 70.45 $179.49B 0.12% 17.04% 16.03% 11.45% 577.70%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric May 2020Aug 2020Oct 2020May 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023May 2024Aug 2024Nov 2024Jan 2025Apr 2025May 2025Jul 2025Aug 2025Oct 2025Nov 2025Jan 2026Apr 2026
Revenue 693.64M727.30M750.14M832.30M1.08B1.21B1.45B1.52B1.54B1.32B1.34B1.42B1.16B1.27B1.52B-1.90B1.90B2.01B2.01B2.07B2.07B2.22B2.42B
Cost of Revenue ----------------942.90M-995.50M-1.00B-1.07B1.16B
Gross Profit 326.90M359.26M381.06M418.20M371.80M587.80M750.90M786.00M777.30M557.20M521.10M551.20M527.80M587.60M349.40M-952.40M952.40M1.01B1.01B1.07B1.07B1.15B1.26B
Operating Expenses ----------------694.10M-711.80M-702.40M-734.00M910.70M
Operating Income -96.00M-151.27M-9.39M-82.30M-266.70M-33.40M69.80M39.10M105.80M-182.40M-205.70M-146.30M-152.30M-100.40M-702.80M-258.30M270.60M298.80M290.10M367.40M357.80M413.90M350.10M
EBITDA ----------------600.50M-617.90M-2.58B-749.40M660.00M
Interest Expense ----------------54.70M-56.40M-51.20M-50.80M256.10M
Pretax Income ----------------215.90M-233.70M-2.22B-381.60M83.30M
Tax Provision ----------------38.00M-38.90M-314.10M--14.50M48.80M
Net Income -113.03M-157.89M-22.91M-88.20M-276.40M-62.60M-165.70M4.30M13.30M-168.90M-207.50M-164.30M-215.60M-193.30M-676.30M-177.90M177.90M194.80M194.80M1.90B1.90B396.10M34.50M
Diluted EPS -0.17-0.24-0.03-0.13-0.34-0.08-0.200.010.02-0.20-0.24-0.19-0.25-0.22-0.78-0.200.200.220.222.202.200.460.04
R&D Expense 279.58M277.14M255.64M286.10M367.00M371.90M444.10M449.00M448.10M480.70M474.80M481.10M476.10M486.70M488.60M--507.70M-519.00M-512.50M--

Profit & Loss (Annual)

Figures in USD.

Metric Feb 2020Jan 2021Jan 2022Jan 2023Jan 2024Feb 2024Jan 2025Feb 2025Jan 2026
Revenue 2.70B2.97B-5.92B5.51B5.51B5.77B5.77B8.19B
Cost of Revenue ---2.93B3.21B-3.39B-4.01B
Gross Profit 1.36B1.49B-2.99B2.29B2.29B2.38B2.38B4.18B
Operating Expenses ---2.63B2.73B-2.75B-2.84B
Operating Income -243.36M-258.40M-359.60M-436.60M-567.70M-366.40M-720.30M1.34B
EBITDA ---1.65B850.70M-651.60M-4.54B
Interest Expense ---170.60M211.70M-189.40M-202.60M
Pretax Income ---85.10M-758.70M--894.70M-3.05B
Tax Provision ---248.60M174.70M--9.70M-376.50M
Net Income 1.58B-277.30M--163.50M-933.40M-933.40M-885.00M-885.00M2.67B
Diluted EPS 2.34-0.41--0.19-1.08-1.08-1.02-1.023.07
R&D Expense 1.08B1.07B1.42B1.78B-1.90B-1.95B2.08B

Compounded Sales Growth

5 Years:11.45%
1 Year:27.60%

Compounded Profit Growth

5 Years:577.70%
1 Year:-80.40%

Stock Price Performance

1 Year:+241.51%
6 Months:+146.01%
3 Months:+151.07%
1 Month:+30.93%

Balance Sheet (Annual)

Figures in USD.

Metric Feb 2019Feb 2020Jan 2021Jan 2022Jan 2023Jan 2024Feb 2024Jan 2025Feb 2025Jan 2026
Total Assets --10.76B-22.52B21.23B21.23B20.20B20.20B22.29B
Current Assets ----3.28B3.06B-3.12B-6.46B
Cash & Equivalents --748.47M-911.00M950.80M950.80M948.30M948.30M2.64B
Inventory ----1.07B864.40M-1.03B-1.39B
Receivables ----1.19B1.12B-1.03B-2.19B
Total Liabilities --2.33B-6.88B6.40B6.40B6.78B6.78B7.98B
Current Liabilities --1.08B-2.39B1.81B1.81B2.03B2.03B3.22B
Long Term Debt --993.17M-3.91B4.06B4.06B3.93B3.93B3.97B
Total Debt ----4.74B4.40B-4.34B-4.79B
Total Equity 7.31B8.68B8.44B-15.64B14.83B14.83B13.43B13.43B14.31B
Shares Outstanding ----856.10M865.54M-866.00M-847.26M

Cash Flows (Annual)

Figures in USD.

Metric Feb 2020Jan 2021Jan 2022Jan 2023Jan 2024Feb 2024Jan 2025Feb 2025Jan 2026
Operating Cash Flow 360.30M817.30M-1.29B1.37B1.37B1.68B1.68B1.75B
Investing Cash Flow 558.85M-119.60M--328.40M-350.50M-350.50M-300.70M-300.70M2.10B
Financing Cash Flow -853.95M-596.80M--662.90M-980.20M-980.20M-1.38B-1.38B-2.16B
Capital Expenditure -81.92M-106.80M--217.30M-350.20M-336.30M-291.60M-284.60M-358.60M
Free Cash Flow 278.38M710.50M-1.07B1.02B1.03B1.39B1.40B1.39B
Net Change in Cash ---297.50M39.80M--2.50M-1.69B
Share Buybacks 364.27M25.20M0115.00M-150.00M-725.00M2.04B
Dividends Paid 159.57M160.60M191.00M204.40M-206.80M-207.50M205.10M

Ratios (Annual)

Figures in %.

Metric Feb 2020Jan 2021Jan 2022Jan 2023Jan 2024Feb 2024Jan 2025Feb 2025Jan 2026
Gross Margin % 50.3%50.1%-50.5%41.6%41.6%41.3%41.3%51.0%
Operating Margin % -9.0%-8.7%-6.1%-7.9%-10.3%-6.4%-12.5%16.3%
Net Margin % 58.7%-9.3%--2.8%-16.9%-16.9%-15.3%-15.3%32.6%
ROE % 18.3%-3.3%--1.0%-6.3%-6.3%-6.6%-6.6%18.7%
ROCE % --2.7%-1.8%-2.2%-2.9%-2.0%-4.0%7.0%

Shareholding Pattern

Insiders
0.74%
Institutions
85.48%
Public Float
86.12%

Top Institutional Holders

#Holder% HeldSharesValue
1 FMR, LLC 14.63% 131.26M $26.91B
2 Blackrock Inc. 7.11% 63.84M $13.09B
3 Vanguard Capital Management LLC 4.36% 39.11M $8.02B
4 Vanguard Portfolio Management LLC 3.70% 33.22M $6.81B
5 State Street Corporation 2.60% 23.34M $4.78B
6 Ameriprise Financial, Inc. 2.32% 20.84M $4.27B
7 Geode Capital Management, LLC 1.40% 12.58M $2.58B
8 Franklin Resources, Inc. 1.27% 11.37M $2.33B
9 Goldman Sachs Group Inc 1.25% 11.25M $2.31B
10 Van Eck Associates Corporation 1.20% 10.75M $2.20B

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