Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Marvell Technology

MRVL stock analysis · Information Technology · Semiconductors

FY 2026-01-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$297.89HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$260.6B

Price × SEC outstanding shares. Shares measured 2026-05-21. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$24.24

Equity cash-flow scenario · SEC outstanding shares at 2026-05-21 · -91.9% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

79.7%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-28.3%

12 industry peers · median 69.9×

How this is calculated ↗
Valuation

Historical multiples

Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

0.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

6.3%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation)

How this is calculated ↗
Valuation

Value composite

24/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

10.3%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

0.8%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

4.3%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

21.0%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.8B2021-01-30: cfo $817,300,000.002021-01-30: capex $106,800,000.0020212022-01-29: cfo $819,300,000.002022-01-29: capex $169,200,000.0020222023-01-28: cfo $1,288,800,000.002023-01-28: capex $206,200,000.0020232024-02-03: cfo $1,370,500,000.002024-02-03: capex $336,300,000.0020242025-02-01: cfo $1,681,200,000.002025-02-01: capex $284,600,000.0020252026-01-31: cfo $1,750,500,000.002026-01-31: capex $354,100,000.002026
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$30.41$33.18$36.16
10.0%$22.28$24.24$26.35
12.0%$17.58$19.08$20.68

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2026-01-318.2B2.7B1.8B354.1M22.3B
2025-02-015.8B-885M1.7B284.6M20.2B
2024-02-035.5B-933.4M1.4B336.3M21.2B
2023-01-285.9B-163.5M1.3B206.2M22.5B
2022-01-294.5B-421M819.3M169.2M22.1B
2021-01-303B-277.3M817.3M106.8M10.8B
2020-02-012.7B1.6B360.3M81.9M

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue8.2BRevenueFromContractWithCustomerExcludingAssessedTax2026-03-11
netIncome2.7BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-03-11
Parent/common earnings proxy2.7BNetIncomeLoss2026-03-11
cfo1.8BNetCashProvidedByUsedInOperatingActivities2026-03-11
capex354.1MPaymentsToAcquirePropertyPlantAndEquipment2026-03-11
operatingIncome1.3BOperatingIncomeLoss2026-03-11
assets22.3BAssets2026-03-11
equity14.3BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-03-11
Parent book equity proxy14.3BStockholdersEquity2026-03-11
debt4.5BLongTermDebt2026-03-11
shortDebt499.8MShortTermBorrowings2026-03-11
cash2.6BCashAndCashEquivalentsAtCarryingValue2026-03-11
shares869.7MWeightedAverageNumberOfDilutedSharesOutstanding2026-03-11
dividends205.1MPaymentsOfDividends2026-03-11
buybacks2BPaymentsForRepurchaseOfCommonStock2026-03-11
issuance78.7MReviewed manual correction
Bounded FY2026-01-31 consolidated financing-statement extraction. Proceeds from employee stock plans: 78700000 USD [us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans]. All 8 financing lines reconcile exactly to reported financing cash flow -2157800000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -30300000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-03-11