Marvell Technology, Inc. - NASDAQGS:MRVL - Comprehensive analysis
We are removing Marvell from the Best Ideas list due to a 30% appreciation in the stock since we added it in early June. We believe Marvell was oversold amid concerns regarding potential share loss in its custom accelerator chips. We view multisourcing as a positive trend in custom chip design and still consider Marvell well-positioned with clients such as Amazon and Microsoft. Following a successful investor event on June 17 that showcased its custom chip business, the shares are now trading much closer to our $90 fair value estimate.
Free evaluation through quantitative algorithms Marvell Technology, Inc. - NASDAQGS:MRVL
Growth-Scoring Model Detail
Total Revenue Growth Over Prior Year | 37.1 | Market 98 Sector 88 |
Gross Profit Growth Over Prior Year | 53 | Market 99 Sector 91 |
EBITDA Growth Over Prior Year | 110 | Market 99 Sector 89 |
EBITA Growth Over Prior Year | 115 | Market 99 Sector 89 |
EBIT Growth Over Prior Year | 0 | Market 0 Sector 0 |
Earnings from Cont. Ops. Growth Over Prior Year | 0 | Market 0 Sector 0 |
Net Income Growth Over Prior Year | 0 | Market 0 Sector 0 |
Normalized Net Income Growth Over Prior Year | 0 | Market 0 Sector 0 |
Diluted EPS before Extra Growth Over Prior Year | 0 | Market 0 Sector 0 |
A/R Growth Over Prior Year | 36.9 | Market 95 Sector 81 |
Inventory Growth Over Prior Year | 28.6 | Market 97 Sector 93 |
PPE Net Growth Over Prior Year | -20.42 | Market 2 Sector 15 |
Total Assets Growth Over Prior Year | 1.44 | Market 30 Sector 41 |
Tangible Book Value Growth Over Prior Year | 0 | Market 0 Sector 0 |
Common Equity Growth Over Prior Year | -5.51 | Market 13 Sector 24 |
Cash from Ops. Growth Over Prior Year | 9.78 | Market 61 Sector 48 |
CAPEX Growth Over Prior Year | 17.39 | Market 75 Sector 60 |
Dividend per Share Growth Over Prior Year | 0 | Market 35 Sector 47 |
Levered Free Cash Flow Growth Over Prior Year | -22.19 | Market 21 Sector 22 |
Unlevered Free Cash Flow Growth Over Prior Year | -20.34 | Market 20 Sector 23 |
Profitability-Scoring Model Detail
Gross Margin % | 49.1 | Market 59 Sector 48 |
SG&A Margin % | 10.78 | Market 41 Sector 9 |
EBITDA Margin % | 28.8 | Market 62 Sector 90 |
EBITA Margin % | 26.1 | Market 73 Sector 91 |
EBIT Margin % | 10.49 | Market 22 Sector 69 |
Earnings from Cont. Ops Margin % | -1.43 | Market 5 Sector 46 |
Net Income Margin % | -1.43 | Market 5 Sector 45 |
Net Income Avail. for Common Margin % | -1.43 | Market 5 Sector 45 |
Normalized Net Income Margin % | 5.03 | Market 20 Sector 67 |
Levered Free Cash Flow Margin % | 16.46 | Market 70 Sector 70 |
Unlevered Free Cash Flow Margin % | 18.12 | Market 70 Sector 73 |
Return on Assets % | 2.32 | Market 17 Sector 61 |
Return on Capital % | 2.6 | Market 13 Sector 60 |
Return on Equity % | -0.75 | Market 5 Sector 52 |
Return on Common Equity % | -0.75 | Market 5 Sector 52 |
Total Asset Turnover | 0.35 | Market 32 Sector 24 |
