Intrinsic value of Marvell Technology Group Ltd. - MRVL

Previous Close

$24.86

  Intrinsic Value

$0.82

stock screener

  Rating & Target

str. sell

-97%

Previous close

$24.86

 
Intrinsic value

$0.82

 
Up/down potential

-97%

 
Rating

str. sell

We calculate the intrinsic value of MRVL stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 16.3

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  38.10
  34.79
  31.81
  29.13
  26.72
  24.55
  22.59
  20.83
  19.25
  17.82
  16.54
  15.39
  14.35
  13.41
  12.57
  11.81
  11.13
  10.52
  9.97
  9.47
  9.02
  8.62
  8.26
  7.93
  7.64
  7.38
  7.14
  6.92
  6.73
  6.56
Revenue, $m
  3,327
  4,484
  5,911
  7,632
  9,672
  12,046
  14,767
  17,843
  21,277
  25,070
  29,217
  33,712
  38,550
  43,720
  49,217
  55,032
  61,159
  67,593
  74,331
  81,371
  88,714
  96,363
  104,322
  112,598
  121,201
  130,141
  139,431
  149,087
  159,124
  169,561
Variable operating expenses, $m
  3,061
  4,057
  5,284
  6,765
  8,520
  10,562
  12,903
  15,549
  18,504
  21,766
  25,134
  29,002
  33,163
  37,611
  42,340
  47,342
  52,613
  58,148
  63,944
  70,001
  76,318
  82,898
  89,745
  96,865
  104,265
  111,956
  119,948
  128,255
  136,889
  145,868
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  3,061
  4,057
  5,284
  6,765
  8,520
  10,562
  12,903
  15,549
  18,504
  21,766
  25,134
  29,002
  33,163
  37,611
  42,340
  47,342
  52,613
  58,148
  63,944
  70,001
  76,318
  82,898
  89,745
  96,865
  104,265
  111,956
  119,948
  128,255
  136,889
  145,868
Operating income, $m
  266
  427
  627
  867
  1,152
  1,484
  1,864
  2,294
  2,774
  3,304
  4,082
  4,711
  5,387
  6,109
  6,877
  7,690
  8,546
  9,445
  10,386
  11,370
  12,396
  13,465
  14,577
  15,734
  16,936
  18,185
  19,483
  20,832
  22,235
  23,693
EBITDA, $m
  531
  716
  943
  1,218
  1,544
  1,923
  2,357
  2,848
  3,396
  4,001
  4,663
  5,381
  6,153
  6,978
  7,856
  8,784
  9,762
  10,789
  11,864
  12,988
  14,160
  15,381
  16,651
  17,972
  19,345
  20,772
  22,255
  23,796
  25,398
  27,064
Interest expense (income), $m
  0
  0
  12
  26
  44
  66
  92
  122
  157
  195
  239
  287
  340
  397
  458
  523
  593
  667
  744
  826
  911
  1,000
  1,094
  1,190
  1,291
  1,396
  1,505
  1,618
  1,736
  1,858
  1,986
Earnings before tax, $m
  266
  416
  600
  823
  1,086
  1,392
  1,742
  2,137
  2,578
  3,065
  3,795
  4,371
  4,990
  5,651
  6,354
  7,097
  7,879
  8,701
  9,560
  10,459
  11,396
  12,371
  13,387
  14,442
  15,539
  16,680
  17,865
  19,096
  20,376
  21,707
Tax expense, $m
  72
  112
  162
  222
  293
  376
  470
  577
  696
  827
  1,025
  1,180
  1,347
  1,526
  1,716
  1,916
  2,127
  2,349
  2,581
  2,824
  3,077
  3,340
  3,614
  3,899
  4,196
  4,504
  4,823
  5,156
  5,502
  5,861
Net income, $m
  194
  303
  438
  601
  793
  1,016
  1,272
  1,560
  1,882
  2,237
  2,771
  3,191
  3,643
  4,125
  4,638
  5,181
  5,752
  6,351
  6,979
  7,635
  8,319
  9,031
  9,772
  10,543
  11,344
  12,176
  13,041
  13,940
  14,875
  15,846

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,539
  6,118
  8,064
  10,413
  13,195
  16,433
  20,146
  24,342
  29,028
  34,202
  39,859
  45,992
  52,591
  59,646
  67,145
  75,078
  83,437
  92,214
  101,406
  111,011
  121,028
  131,463
  142,322
  153,613
  165,349
  177,546
  190,220
  203,393
  217,085
  231,324
Adjusted assets (=assets-cash), $m
  4,539
  6,118
  8,064
  10,413
  13,195
  16,433
  20,146
  24,342
  29,028
  34,202
  39,859
  45,992
  52,591
  59,646
  67,145
  75,078
  83,437
  92,214
  101,406
  111,011
  121,028
  131,463
  142,322
  153,613
  165,349
  177,546
  190,220
  203,393
  217,085
  231,324
Revenue / Adjusted assets
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
  0.733
Average production assets, $m
  1,687
  2,274
  2,997
  3,870
  4,904
  6,107
  7,487
  9,046
  10,788
  12,710
  14,813
  17,092
  19,545
  22,166
  24,953
  27,901
  31,008
  34,270
  37,686
  41,255
  44,978
  48,856
  52,891
  57,087
  61,449
  65,982
  70,692
  75,587
  80,676
  85,967
Working capital, $m
  140
  188
  248
  321
  406
  506
  620
  749
  894
  1,053
  1,227
  1,416
  1,619
  1,836
  2,067
  2,311
  2,569
  2,839
  3,122
  3,418
  3,726
  4,047
  4,382
  4,729
  5,090
  5,466
  5,856
  6,262
  6,683
  7,122
Total debt, $m
  214
  485
  820
  1,224
  1,703
  2,260
  2,898
  3,620
  4,426
  5,316
  6,289
  7,344
  8,479
  9,692
  10,982
  12,346
  13,784
  15,294
  16,875
  18,527
  20,250
  22,045
  23,912
  25,855
  27,873
  29,971
  32,151
  34,417
  36,772
  39,221
Total liabilities, $m
  781
  1,052
  1,387
  1,791
  2,269
  2,827
  3,465
  4,187
  4,993
  5,883
  6,856
  7,911
  9,046
  10,259
  11,549
  12,913
  14,351
  15,861
  17,442
  19,094
  20,817
  22,612
  24,479
  26,421
  28,440
  30,538
  32,718
  34,984
  37,339
  39,788
Total equity, $m
  3,758
  5,065
  6,677
  8,622
  10,925
  13,607
  16,681
  20,155
  24,035
  28,319
  33,003
  38,082
  43,546
  49,387
  55,596
  62,164
  69,085
  76,353
  83,964
  91,917
  100,212
  108,852
  117,842
  127,191
  136,909
  147,008
  157,502
  168,409
  179,747
  191,536
Total liabilities and equity, $m
  4,539
  6,117
  8,064
  10,413
  13,194
  16,434
  20,146
  24,342
  29,028
  34,202
  39,859
  45,993
  52,592
  59,646
  67,145
  75,077
  83,436
  92,214
  101,406
  111,011
  121,029
  131,464
  142,321
  153,612
  165,349
  177,546
  190,220
  203,393
  217,086
  231,324
Debt-to-equity ratio
  0.060
  0.100
  0.120
  0.140
  0.160
  0.170
  0.170
  0.180
  0.180
  0.190
  0.190
  0.190
  0.190
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
  0.200
Adjusted equity ratio
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828
  0.828

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  194
  303
  438
  601
  793
  1,016
  1,272
  1,560
  1,882
  2,237
  2,771
  3,191
  3,643
  4,125
  4,638
  5,181
  5,752
  6,351
  6,979
  7,635
  8,319
  9,031
  9,772
  10,543
  11,344
  12,176
  13,041
  13,940
  14,875
  15,846
Depreciation, amort., depletion, $m
  265
  288
  317
  351
  392
  439
  493
  554
  622
  698
  581
  670
  766
  869
  979
  1,094
  1,216
  1,344
  1,478
  1,618
  1,764
  1,916
  2,074
  2,239
  2,410
  2,588
  2,772
  2,964
  3,164
  3,371
Funds from operations, $m
  459
  592
  755
  952
  1,184
  1,455
  1,765
  2,114
  2,505
  2,935
  3,352
  3,861
  4,409
  4,995
  5,617
  6,275
  6,968
  7,695
  8,457
  9,253
  10,083
  10,947
  11,846
  12,782
  13,754
  14,764
  15,813
  16,904
  18,038
  19,218
Change in working capital, $m
  39
  49
  60
  72
  86
  100
  114
  129
  144
  159
  174
  189
  203
  217
  231
  244
  257
  270
  283
  296
  308
  321
  334
  348
  361
  375
  390
  406
  422
  438
Cash from operations, $m
  421
  543
  695
  879
  1,099
  1,355
  1,650
  1,985
  2,360
  2,776
  3,177
  3,672
  4,206
  4,778
  5,386
  6,031
  6,710
  7,425
  8,174
  8,957
  9,774
  10,626
  11,512
  12,434
  13,392
  14,388
  15,423
  16,499
  17,617
  18,779
Maintenance CAPEX, $m
  -48
  -66
  -89
  -118
  -152
  -192
  -239
  -294
  -355
  -423
  -498
  -581
  -670
  -766
  -869
  -979
  -1,094
  -1,216
  -1,344
  -1,478
  -1,618
  -1,764
  -1,916
  -2,074
  -2,239
  -2,410
  -2,588
  -2,772
  -2,964
  -3,164
New CAPEX, $m
  -466
  -587
  -723
  -873
  -1,034
  -1,204
  -1,380
  -1,560
  -1,741
  -1,923
  -2,102
  -2,279
  -2,452
  -2,622
  -2,787
  -2,948
  -3,106
  -3,262
  -3,416
  -3,569
  -3,723
  -3,878
  -4,035
  -4,196
  -4,362
  -4,533
  -4,710
  -4,895
  -5,089
  -5,292
Cash from investing activities, $m
  -514
  -653
  -812
  -991
  -1,186
  -1,396
  -1,619
  -1,854
  -2,096
  -2,346
  -2,600
  -2,860
  -3,122
  -3,388
  -3,656
  -3,927
  -4,200
  -4,478
  -4,760
  -5,047
  -5,341
  -5,642
  -5,951
  -6,270
  -6,601
  -6,943
  -7,298
  -7,667
  -8,053
  -8,456
Free cash flow, $m
  -93
  -110
  -117
  -111
  -87
  -41
  31
  132
  264
  430
  576
  812
  1,083
  1,389
  1,730
  2,104
  2,510
  2,947
  3,414
  3,910
  4,433
  4,984
  5,561
  6,164
  6,792
  7,446
  8,125
  8,831
  9,564
  10,324
Issuance/(repayment) of debt, $m
  214
  272
  335
  404
  478
  557
  639
  722
  806
  890
  973
  1,055
  1,135
  1,213
  1,290
  1,364
  1,438
  1,510
  1,581
  1,652
  1,723
  1,795
  1,868
  1,942
  2,019
  2,098
  2,180
  2,266
  2,355
  2,449
Issuance/(repurchase) of shares, $m
  843
  1,004
  1,173
  1,344
  1,511
  1,666
  1,802
  1,915
  1,997
  2,047
  1,914
  1,887
  1,821
  1,716
  1,571
  1,388
  1,169
  917
  632
  318
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  1,057
  1,276
  1,508
  1,748
  1,989
  2,223
  2,441
  2,637
  2,803
  2,937
  2,887
  2,942
  2,956
  2,929
  2,861
  2,752
  2,607
  2,427
  2,213
  1,970
  1,723
  1,795
  1,868
  1,942
  2,019
  2,098
  2,180
  2,266
  2,355
  2,449
Total cash flow (excl. dividends), $m
  963
  1,166
  1,391
  1,637
  1,902
  2,182
  2,472
  2,768
  3,068
  3,366
  3,463
  3,754
  4,040
  4,318
  4,590
  4,856
  5,117
  5,373
  5,627
  5,879
  6,157
  6,779
  7,429
  8,106
  8,811
  9,544
  10,305
  11,097
  11,919
  12,773
Retained Cash Flow (-), $m
  -1,037
  -1,307
  -1,611
  -1,945
  -2,303
  -2,682
  -3,074
  -3,475
  -3,880
  -4,284
  -4,684
  -5,078
  -5,464
  -5,841
  -6,209
  -6,569
  -6,921
  -7,268
  -7,611
  -7,953
  -8,295
  -8,640
  -8,991
  -9,349
  -9,718
  -10,099
  -10,494
  -10,907
  -11,338
  -11,790
Prev. year cash balance distribution, $m
  1,420
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  1,347
  -142
  -221
  -308
  -401
  -500
  -602
  -707
  -812
  -917
  -1,221
  -1,324
  -1,424
  -1,523
  -1,619
  -1,712
  -1,804
  -1,895
  -1,984
  -2,073
  -2,138
  -1,861
  -1,562
  -1,243
  -907
  -555
  -189
  190
  581
  983
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  1,291
  -130
  -192
  -253
  -311
  -363
  -407
  -442
  -466
  -481
  -580
  -565
  -542
  -511
  -475
  -435
  -393
  -349
  -305
  -263
  -221
  -154
  -102
  -63
  -35
  -16
  -4
  3
  6
  7
Current shareholders' claim on cash, %
  92.7
  86.8
  82.0
  78.0
  74.7
  72.0
  69.6
  67.6
  66.0
  64.6
  63.5
  62.6
  61.9
  61.2
  60.7
  60.4
  60.1
  59.9
  59.8
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7
  59.7

Marvell Technology Group Ltd. is a semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) devices. It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. Its product portfolio includes devices for storage, networking and connectivity. In storage, it is engaged in data storage controller solutions spanning consumer, mobile, desktop and enterprise markets. Its storage solutions enable customers to engineer products for hard disk drives and solid state drives. Its networking products address end markets in cloud, enterprise, small and medium business and service provider networks. The Company's connectivity products address end markets in consumer, enterprise, desktop, service provider networks and automotive.

FINANCIAL RATIOS  of  Marvell Technology Group Ltd. (MRVL)

Valuation Ratios
P/E Ratio 599.1
Price to Sales 5.4
Price to Book 3.1
Price to Tangible Book
Price to Cash Flow -35.1
Price to Free Cash Flow -30.5
Growth Rates
Sales Growth Rate -12.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -1.8%
Cap. Spend. - 3 Yr. Gr. Rate -8.1%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 0%
Total Debt to Equity 0%
Interest Coverage 0
Management Effectiveness
Return On Assets 0.4%
Ret/ On Assets - 3 Yr. Avg. -2.1%
Return On Total Capital 0.5%
Ret/ On T. Cap. - 3 Yr. Avg. -2.7%
Return On Equity 0.5%
Return On Equity - 3 Yr. Avg. -2.7%
Asset Turnover 0.5
Profitability Ratios
Gross Margin 55.6%
Gross Margin - 3 Yr. Avg. 50.7%
EBITDA Margin 10.2%
EBITDA Margin - 3 Yr. Avg. 0.8%
Operating Margin 4.3%
Oper. Margin - 3 Yr. Avg. -4.1%
Pre-Tax Margin 5%
Pre-Tax Margin - 3 Yr. Avg. -3.5%
Net Profit Margin 0.9%
Net Profit Margin - 3 Yr. Avg. -5.9%
Effective Tax Rate 62.4%
Eff/ Tax Rate - 3 Yr. Avg. 20%
Payout Ratio 581%

MRVL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the MRVL stock intrinsic value calculation we used $2409 million for the last fiscal year's total revenue generated by Marvell Technology Group Ltd.. The default revenue input number comes from 0001 income statement of Marvell Technology Group Ltd.. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our MRVL stock valuation model: a) initial revenue growth rate of 38.1% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for MRVL is calculated based on our internal credit rating of Marvell Technology Group Ltd., is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Marvell Technology Group Ltd..
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of MRVL stock the variable cost ratio is equal to 94.3%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for MRVL stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Marvell Technology Group Ltd..

Corporate tax rate of 27% is the nominal tax rate for Marvell Technology Group Ltd.. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the MRVL stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for MRVL are equal to 50.7%.

Life of production assets of 25.5 years is the average useful life of capital assets used in Marvell Technology Group Ltd. operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for MRVL is equal to 4.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $4141.413 million for Marvell Technology Group Ltd. - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 657.398 million for Marvell Technology Group Ltd. is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Marvell Technology Group Ltd. at the current share price and the inputted number of shares is $16.3 billion.

RELATED COMPANIES Price Int.Val. Rating
QCOM QUALCOMM Incor 78.84 18.48  str.sell
TXN Texas Instrume 127.09 82.81  sell
INTC Intel Corporat 50.92 96.89  str.buy
SIMO Silicon Motion 33.16 41.47  hold
NVDA NVIDIA Corpora 178.65 74.75  str.sell
AVGO Broadcom Inc. 291.91 570.44  str.buy

CONTACT US      

About X-FIN       Privacy policy       Terms of use      

Copyright © X-FIN.com 2005-2019. All rigths reserved.