$Marvell Technology (MRVL.US)$In the March 2022 analysis, it...

Launched in 2000, it is mainly a semiconductor solutions business for data infrastructure. Global market, current price is 69.66.

In the past 5 years, revenue has increased for 4 years except 2020, with an average growth rate of 19.7%. Operating profit was lost from 2020 to 2022 due to excessive cost growth, profit was only made in 2023, and net profit was lost for 4 years in 2020 other than profit from business sales and income tax subsidies. Interest expenses account for 46% of operating profit in 2023, and the interest burden is extremely heavy. After falling from 50.9% to 46.3% in the past 5 years, gross margin recovered to 50.5% in 2023.

In the first three quarters of 2024, revenue contracted by 9.3%, and operating profit and net profit fell back into loss.

Currently, the market value is 60.3 billion, and the market sales ratio has reached 10.2, which lacks investment value.