Marvell Technology, a fabless chip designer focused on wired networking, is currently underperforming its industry peers in key financial metrics, including revenue growth and Return on Equity (ROE). The company holds the second-highest market share in its sector and serves data center, carrier, enterprise, and consumer end markets. Despite its strong market position, a comparative analysis with 17 competitors in the Semiconductors & Semiconductor Equipment industry highlights significant gaps in profitability and growth efficiency.
Financial Metrics Comparison
When evaluated against its primary competitors, Marvell Technology displays a complex valuation profile. The stock's Price-to-Earnings (P/E) ratio of 96.65 is lower than the industry average of 157.92, suggesting potential value. Similarly, the Price-to-Book (P/B) ratio of 13.51 sits well below the industry average of 14.25. However, the Price-to-Sales (P/S) ratio of 28.20 exceeds the industry average of 18.20, implying the stock could be overvalued relative to its sales performance.
| Company |
P/E |
P/B |
P/S |
ROE |
EBITDA (in billions) |
Gross Profit (in billions) |
Revenue Growth |
| Marvell Technology Inc |
96.65 |
13.51 |
28.20 |
0.21% |
$0.66 |
$1.26 |
27.57% |
| NVIDIA Corp |
29.98 |
24.25 |
18.89 |
33.06% |
$71.0 |
$61.16 |
85.23% |
| Broadcom Inc |
63.05 |
20.56 |
24.49 |
11.11% |
$13.07 |
$15.41 |
47.87% |
| Micron Technology Inc |
27.43 |
13.61 |
15.32 |
32.62% |
$35.58 |
$35.06 |
345.72% |
| Advanced Micro Devices Inc |
177.52 |
13.47 |
23.35 |
2.17% |
$2.4 |
$5.42 |
37.85% |
| Texas Instruments Inc |
53.30 |
16.91 |
15.43 |
9.35% |
$2.42 |
$2.8 |
18.58% |
| Qualcomm Inc |
22.03 |
7.92 |
4.99 |
29.27% |
$2.82 |
$5.7 |
-3.46% |
| Analog Devices Inc |
62.19 |
6.03 |
16.17 |
3.48% |
$1.9 |
$2.44 |
37.25% |
| NXP Semiconductors NV |
28.55 |
6.90 |
6.01 |
10.69% |
$1.7 |
$1.79 |
12.2% |
| Monolithic Power Systems Inc |
102.96 |
19.22 |
23.65 |
5.36% |
$0.26 |
$0.45 |
26.14% |
| Microchip Technology Inc |
427.82 |
7.93 |
10.89 |
1.79% |
$0.39 |
$0.8 |
35.11% |
| Credo Technology Group Holding Ltd |
106.78 |
24.22 |
37.79 |
8.64% |
$0.17 |
$0.3 |
157.02% |
| ON Semiconductor Corp |
87.31 |
6.32 |
7.93 |
-0.45% |
$0.25 |
$0.58 |
4.68% |
| Tower Semiconductor Ltd |
125.04 |
10.20 |
18.97 |
2.2% |
$0.15 |
$0.11 |
15.48% |
| MACOM Technology Solutions Holdings Inc |
166.04 |
21 |
27.54 |
3.34% |
$0.07 |
$0.16 |
22.5% |
| First Solar Inc |
16.06 |
2.70 |
4.94 |
3.57% |
$0.51 |
$0.49 |
23.64% |
| Lattice Semiconductor Corp |
1030.64 |
26.71 |
34.82 |
3.0% |
$0.04 |
$0.12 |
42.24% |
| Average |
157.92 |
14.25 |
18.2 |
9.95% |
$8.3 |
$8.3 |
56.75% |
Profitability and Growth Analysis
Operational efficiency metrics reveal challenges for Marvell Technology. The company's ROE stands at 0.21%, which is 9.74% below the industry average of 9.95%, indicating potential inefficiency in utilizing equity to generate profits. Its EBITDA of $660 Million is significantly lower than the industry average of $8.3 Billion, representing 0.08x of the average. Additionally, gross profit of $1.26 Billion is 0.15x below the industry average, suggesting lower revenue after production costs.
Revenue growth further highlights the performance gap. Marvell Technology reported a revenue growth rate of 27.57%, significantly trailing the industry average of 56.75%. This disparity suggests the company may be struggling to generate increased sales volume compared to its competitors.
Debt-to-Equity Position
Despite the operational lags, Marvell Technology maintains a strong financial position regarding leverage. The company exhibits a lower debt-to-equity ratio of 0.29 compared to its top four peers. This favorable balance between debt and equity is perceived as a positive aspect by investors, indicating a lower risk profile relative to its competitors in the industry.
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
