Equity

Is Marvell Technology, Inc. (MRVL) undervalued?

$218.82−7.32% todayNasdaqGS · USD · last traded 2026-09-14 20:00 UTC

Marvell Technology, Inc. trades on a P/E of 71.28.

Earnings figures are measured from MRVL’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG

Not available — requires positive earnings and a growth estimate.

P/E ratio71.28
earnings growth
PEG ratio
Measured from MRVL's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy MRVL

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For Marvell Technology, Inc. that is $192.91B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

876.9M shares · 10-Q cover page

market capitalisation$191.88B
total debt$4.96B
cash & equivalents$3.93B
enterprise value$192.91B
Balance-sheet terms as reported to 2026-08-01.
Enterprise-value multiples for Marvell Technology, Inc.
MeasureValue
Diluted earnings per shareto 2026-01-31$3.07
P/E ratioto 2026-01-3171.3
Earnings growth
PEG ratio
Market capitalisationto 2026-08-21$191.88B
Total debtto 2026-08-01$4.96B
Net debtto 2026-08-01$1.03B
Enterprise valueto 2026-08-01$192.91B
EBITDAto 2026-01-31$1.54B
Free cash flowto 2026-01-31$1.40B
EV / EBITDAto 2026-01-31124.9×
EV / Salesto 2026-01-3123.5×
Free cash flow yieldto 2026-01-310.7%
Net debt / EBITDAto 2026-01-310.7×
Return on capital employedto 2026-01-315.6%

Earnings growth is measured across Marvell Technology, Inc.’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

Not shown, and why

Earnings growth
earnings were negative in every comparison year available, so a growth rate has no meaning.
PEG ratio
earnings were negative in every comparison year available, so a growth rate has no meaning.
02

Against the sector

MRVL against 15 listed companies sharing its classification — Semiconductors & Related Devices. A multiple means little on its own; the column that matters is the gap. See what semiconductor companies trade on.

MRVL compared with the median of 15 sector peers
MeasureMRVLSector medianDifference
EV / EBITDA*124.9×41.9×+83.0×
EV / Sales*23.5×13.2×+10.4×
Net debt / EBITDA0.7×−0.3×+1.0×
Return on capital employed5.6%11.3%5.7%
Operating margin16.1%26.1%10.0%
Free cash flow margin17.0%20.8%3.7%
Compared against

ADI, AMAT, AMD, AVGO, FSLR, INTC, MCHP, MPWR, MU, NVDA, NXPI, ON, Q, SWKS, TXN.

Medians are taken across peers where the measure could be computed, so the sample differs by row. Green marks the direction conventionally read as cheaper or stronger — it is a direction, not a recommendation. * Price-based multiples move with the market; peer figures are a snapshot taken 2026-09-09. The remaining rows come from filed statements and hold until the next reporting season.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for Marvell Technology, Inc. (MRVL)
MetricValue
Price$218.82
PEGY ratio
Dividend yield0.11%
Price / book
Price / sales
Return on equity16.5%
Profit margin
Operating margin
Debt / equity26.78
Current ratio
Beta2.28
52-week range$66.33 – $329.88

Not reported for MRVL: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

Compare and chart

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05

About MRVL’s valuation

What is the PEG ratio for Marvell Technology, Inc. (MRVL)?
Marvell Technology, Inc. has a PEG ratio of —, from a P/E of 71.28 and earnings growth of — a year. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is MRVL undervalued right now?
That depends on the measure. On PEG, MRVL reads —. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for MRVL?
The PEGY ratio for Marvell Technology, Inc. is —. PEGY adds the dividend yield of 0.11% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these MRVL figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from Marvell Technology, Inc.'s published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell MRVL.