Intrinsiqq
Marvell Technology, Inc. logoMarvell Technology, Inc.MRVL
$227.83-5.56%
Marvell Technology, Inc. logo

Marvell Technology, Inc.

MRVL

$227.83

-$13.41 (-5.56%)

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ProfitabilitySolid marginsGrowthAcceleratingCash FlowStrong conversionValuationRichly valued
What stands out

16.14% operating margin is respectable but not wide. ROIC at 5.13%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.

What's changing

Revenue up 42.1% YoY with margins expanding 28.6pp.

What deserves caution

At 75x earnings, the current multiple leaves limited room for execution misses or growth deceleration.

Valuation context

75.4x earnings, 115.5x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.

Price History

+158.2%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$199.78B
EPS$3.02
P/E75.44
P/FCF115.48
EV/EBITDA81.96
FCF Yield0.9%
Div. Yield0.10%
Net Debt/FCF0.8x
52-Week Range
$73.73$316.43

Profitability & Returns

Revenue (TTM)

$9.45B

▲ +42.1% YoY

Net Income (TTM)

$2.64B

▲ +401.7% YoY

Op. Margin

16.52%

▲ +28.6pp YoY

ROIC

5.36%

▲ +8.2pp YoY

Cash Flow & Balance Sheet

FCF (TTM)

$1.73B

Op. Cash Flow (TTM)

$2.20B

▲ +4.1% YoY

Net Debt

$1.35B

Cash & Equiv.

$3.93B

5Y CAGR: +22.5%

5Y CAGR: +14.5%

Continue Research

SourceComputed from the 10-Q filed 21 Aug 2026, covering the period ending 1 Aug 2026, as reported to the SEC. Data last refreshed 3 Oct 2026. How this is calculated.

Price from market data, last close as of 16 Oct 2026. Fiscal year ends Jan. Sector medians are approximate S&P 500 benchmarks and update periodically.

Is Marvell Technology (MRVL) overvalued?

At a P/E of 75.4 and a price-to-free-cash-flow of 115.5, Marvell Technology (MRVL) trades above a two-stage DCF intrinsic value of about $93.33 per share, so at $227.83 the stock looks overvalued (59.0% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, Marvell Technology scores 61/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is Marvell Technology's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $93.33 per share for MRVL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $70.00. At today's $227.83, that puts the stock about 59.0% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is Marvell Technology a high-quality business?+

Marvell Technology scores 61 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 16.5% operating margin and a 5.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does Marvell Technology (MRVL) pay a dividend, and how much?+

Yes, Marvell Technology pays a regular dividend of about $0.23 per share per year (typically in quarterly installments), a yield of roughly 0.1% at the current price. That is a payout ratio of about 7.9% of earnings, so the dividend is amply covered by earnings. Marvell Technology has grown the dividend at roughly 1.8% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MRVL's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is Marvell Technology a good stock to buy right now?+

That depends on valuation and quality together, not either alone. MRVL currently trades above its estimated intrinsic value and scores 61/100 on quality (solid). It also yields about 0.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.

Related stocks: Semiconductors & Related Devices

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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