Stock · MRVL · Technology
United States · Large Cap · listed since 2000 · Revenue 12 mo. $9.5B
Price as of 11/06/2026
Summary
45.4 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €1.3B (2026), it supports €13.9B. The remaining €116.6B of the market value assume it grows more than 30% a year for 10 years and not at all afterwards.
Required FCF growth per year
over 30%
no growth afterwards
Price to operating cash flow 59.1×, above its usual range.
Middle half of 20 quarters: 36.8× to 50.3×, median 40.4×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
AI summary of the 2026 annual report
A language model selected and condensed statements from the report. Each statement carries a verbatim quote. The selection is not complete and shows the state of the report. It gives no rating and does not feed into the score.
Form 10-K, fiscal year ended 01/31/2026, filed 03/11/2026. Open the report at the SEC
The company sells high-performance semiconductor chips and does not run its own chip factories.
We are a fabless supplier of high-performance semiconductor productsThe company's current products include interconnect chips, Ethernet solutions, Fibre Channel adapters, processors and storage controllers.
interconnects, ethernet solutions, fibre channel adapters, processors and storage controllers.The company's products serve two markets: data center, and communications and other.
Our product solutions serve two end markets: (i) data center and (ii) communications and other.The company's AEC DSP chips are used in active electrical cables that carry high-speed data over copper inside data centers, for AI and general-purpose servers.
Our AEC DSPs are utilized in active electrical cables to enable high-bandwidth copper data transmission within data centers, specifically for scale-up and scale-out AI and general-purpose server connectivity.The company's main target customers are original equipment manufacturers, which build end products.
Our target customers are original equipment manufacturersThe company also works with distributors that support its sales in the United States, Europe and Asia.
In addition, we have contracted with distributors who support our sales and marketing activities in the United States, Europe and Asia.The company names companies that compete directly with its businesses, including Advanced Micro Devices. The list is not limited to these names.
Companies that compete directly with our businesses include, but are not limited to, Advanced Micro Devices, Inc.Competition has increased because customers want higher performance, more integration and smaller chip structures.
Competition has intensified as a result of the increasing demand for higher levels of performance, integration and smaller process geometries.The company expects competition to rise as current competitors broaden their product ranges, through in-house development or acquisitions.
We expect competition to further intensify as current competitors strengthen the depth and breadth of their product offerings, either through in-house development or by acquiring existing technology.The ten largest customers, including distributors and direct customers, made up 82% of the company's net revenue in fiscal 2026.
net revenue from our ten (10) largest customers, inclusive of our distributor and direct customers, represented 82% of our total net revenue for fiscal 2026Advances in artificial intelligence could disrupt the company's business model and materially hurt its results and financial condition.
Advances in artificial intelligence could disrupt our business model and materially adversely affect our results of operations and financial condition.Export restrictions that reduce sales of its products to China have hurt revenue in the past and may do so in the future.
Export restrictions reducing our sales of products to China, have in the past and may in the future adversely impact our revenues, profits and results of operations.A substantial part of the company's revenue comes from products made in Taiwan, so disruptions there, such as political, military or natural events, will hurt its business.
For example, a substantial amount of our revenue is derived from products manufactured in Taiwan and as a result, disruptions to business in Taiwan, whether political, military, natural disasters or other events will adversely impact our business.As of January 31, 2026, the company had 4.5 billion US dollars of debt, all in senior notes.
As of January 31, 2026, we had a total of $4.5 billion debt outstanding, which consisted of senior notes outstanding.Since the last quarter
Q2 → Q3 2026
6 more unchanged: FCF, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 18.66% | 14.60% | Rank 62 |
| Return on capital (Greenblatt) | 30.01% | 29.77% | Rank 50 |
| EBIT margin | 16.33% | 17.40% | Rank 48 |
| FCF margin | 17.04% | 18.54% | Rank 46 |
| Gross margin | 51.02% | 48.47% | Rank 55 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 42.09% | 12.70% | Rank 91 |
| Earnings growth, 3 years per yeardoes not count towards the rank | – | 9.54% | |
| Earnings growth, 5 years per yeardoes not count towards the rank | – | 14.07% | |
| Sustainable growth (ROE × retained earnings) | 4.32% | 2.87% | Rank 62 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 2.17% | 2.64% | Rank 40 |
| FCF yield | 0.96% | 3.06% | Rank 18 |
| EV/saleslower is better | 18.01 | 5.18 | Rank 11 |
| EV/EBITlower is better | 110.24 | 26.24 | Rank 11 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 41.68% | −0.59% | Rank 86 |
| Share price, 6 months | −16.52% | −4.46% | Rank 36 |
| Share price, 3 months | −30.31% | −5.84% | Rank 14 |
| Distance from 52-week high | −55.38% | −33.23% | Rank 12 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −5.55% | 1.65% | Rank 85 |
| Change in share countlower is better | 0.49% | −0.17% | Rank 26 |
| Dividend streak in years | 4 | 8 | Rank 57 |
| Price reaction to results, market-adjusted | −10.05% | −1.57% | Rank 12 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 64.21% | 53.98% | Rank 72 |
| Net debt/EBITDAlower is better | 0.47 | −0.20 | Rank 36 |
| Debt to equitylower is better | 0.33 | 0.33 | Rank 50 |
| Volatility, 1 yearlower is better | 82.87% | 50.37% | Rank 9 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt |
|---|---|---|---|---|---|
| 2017 | 2.3 | 10.1% | −$413.3M | 518M | −$814.1M |
| 2018 | 2.4 | 20.9% | $526.0M | 510M | −$888.5M |
| 2019 | 2.9 | 6.1% | $509.3M | 591M | $1.2B |
| 2020 | 2.7 | −6.8% | $273.7M | 676M | $791.4M |
| 2021 | 3.0 | −8.7% | $697.8M | 669M | $581.2M |
| 2022 | 4.5 | −7.8% | $632.2M | 797M | $4.1B |
| 2023 | 5.9 | 4.0% | $1.1B | 851M | $3.8B |
| 2024 | 5.5 | −10.3% | $1.0B | 861M | $3.5B |
| 2025 | 5.8 | −12.5% | $1.4B | 866M | $3.4B |
| 2026 | 8.2 | 16.3% | $1.4B | 870M | $2.2B |
4 of 7 StockScorer Score rules met · How the score is built
Marvell Technology Group Ltd mainly meets criteria in the Momentum category. Result from 18 strategies checked.
Marvell Technology Group Ltd is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
6 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Marvell Technology Group Ltd.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 46.0 | 35.1 |
| P/B ratio | 8.6 | 5.5 |
| Return on equity (ROE) | 18.7% | 14.6% |
| Equity ratio | 64.2% | 54.0% |
| Debt-to-equity (D/E) | 0.33 | 0.33 |
| Dividend yield | 0.2% | 0.9% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| MRVL | Marvell Technology Group Ltdthis page | |
| ADI | Analog Devices Inc | High6.4 |
| QCOM | Qualcomm Incorporated | High7.3 |
| MPWR | Monolithic Power Systems Inc | Medium5.5 |
| TXN | Texas Instruments Incorporated | locked |
| INTC | Intel Corporation | locked |
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