Marvell Technology
Financial ratios & Valuation

Forward Multiples (2026 – 2028)

20262026202720272028
Price/Earnings ratio
177.64148.7869.3549.1115.96
Price/Sales ratio
9.278.448.016.945.27
Earnings per Share (EPS)
$0.40$0.48$1.03$1.46$4.5

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
18.18-5.60358.3622.30-61.1710.08-127.50-125.51-230.42-62.31-66.5510.08
Price/Sales ratio
2.131.663.274.823.825.9211.9011.846.3610.5618.283.82
Price/Book Value ratio
1.531.091.882.801.49N/A4.193.362.403.927.351.49
Price/Cash Flow ratio
10.6622.14-21.1420.3418.3544.3543.2664.4929.2342.4357.3918.35
Price/Free Cash Flow ratio
11.9430.39-18.3422.0821.5158.3950.6783.5835.1657.0069.6621.51
Price/Earnings Growth ratio
0.590.01-3.490.000.47-0.011.08-4.283.59-0.13-1.11-0.01
Dividend Yield
1.55%2.70%1.61%1.02%1.35%0.99%0.45%0.36%0.54%0.35%0.21%0.99%
Profitability Indicator Ratios
Gross Profit Margin
50.26%45.16%55.57%60.68%50.88%50.27%50.13%46.25%50.46%41.64%39.59%50.27%
Operating Profit Margin
11.02%-29.96%4.31%17.83%1.50%34.80%-1.55%-6.98%6.37%-7.92%-17.76%34.80%
Pretax Profit Margin
11.65%-29.31%5.04%18.72%-0.16%29.57%-10.85%-10.83%1.43%-13.77%-21.98%29.57%
Net Profit Margin
11.74%-29.76%0.91%21.61%-6.24%58.69%-9.34%-9.43%-2.76%-16.94%-27.48%58.69%
Effective Tax Rate
-0.73%-1.54%62.40%4.00%-3753.97%-98.45%13.92%12.91%292.12%-23.02%-25.05%-3753.97%
Return on Assets
7.39%-14.90%0.45%11.06%-1.78%N/A-2.57%-1.90%-0.72%-4.39%-7.49%N/A
Return On Equity
8.45%-19.59%0.52%12.57%-2.45%N/A-3.28%-2.68%-1.04%-6.29%-10.39%N/A
Return on Capital Employed
7.79%-19.37%2.40%10.02%0.46%N/A-0.47%-1.50%1.87%-2.24%-5.31%N/A
Liquidity Ratios
Current Ratio
5.24N/AN/AN/AN/AN/AN/AN/AN/AN/A1.59N/A
Quick Ratio
4.762.244.265.201.75N/A1.251.270.921.211.10N/A
Cash ratio
1.891.041.632.100.91N/A0.690.440.380.520.49N/A
Days of Sales Outstanding
41.4443.2952.8142.4862.8066.5765.9785.7773.5174.3267.7462.80
Days of Inventory outstanding
61.0049.0760.5665.5271.58N/A66.12109.62132.9898.1696.5971.58
Operating Cycle
102.4592.36113.38108.00134.3866.57132.10195.39206.49172.49164.33134.38
Days of Payables Outstanding
56.0044.0450.8655.9648.0758.1262.2270.2457.9846.7060.4748.07
Cash Conversion Cycle
46.4448.3162.5152.0386.318.4569.87125.15148.51125.78103.8586.31
Debt Ratios
Debt Ratio
N/AN/AN/AN/A0.17N/A0.110.200.190.190.200.17
Debt Equity Ratio
N/AN/AN/AN/A0.23N/A0.140.280.280.280.300.23
Long-term Debt to Capitalization
N/AN/AN/AN/A0.1910.100.220.190.210.220.19
Total Debt to Capitalization
N/AN/AN/AN/A0.1910.120.220.220.210.230.19
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-4.83N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/A0.340.250.680.180.280.320.410.34
Company Equity Multiplier
1.141.311.151.131.37N/A1.271.401.441.431.471.37
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.200.07-0.150.230.200.130.270.180.210.240.310.20
Free Cash Flow / Operating Cash Flow Ratio
0.890.721.150.920.850.750.850.770.830.740.820.82
Cash Flow Coverage Ratio
N/AN/AN/AN/A0.340.250.680.180.280.320.410.34
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/A4.0912.962.2012.7713.24N/A
Dividend Payout Ratio
28.20%-15.13%578.18%22.89%-82.68%10.07%-57.90%-45.37%-125.01%-22.15%-14.04%-82.68%