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Marvell Technology, Inc. (MRVL)
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Marvell Technology, Inc. (MRVL) DCF Valuation

A discounted-cash-flow model values Marvell Technology, Inc. (MRVL) at about $20.75 (TGM base case). Today's price of $255.87 sits above that range — by these conservative assumptions it looks richly valued; the reverse-DCF below is the better lens for a high-growth name.

Reverse DCF: at today's $255.87, the market is pricing in roughly +38.9%/yr free-cash-flow growth over the next decade (at a 10% required return) — versus its actual 5-year FCF CAGR of +26.1%. The price is betting on acceleration above its track record.

Current Price

$255.87

Fair-Value Range

$20.75

Market-Implied Growth

+38.9%/yr

vs +26.1% 5Y actual

MRVL DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.

5%/yr
Historical FCF CAGR: 3Y 17.6% · 5Y 26.1% · 10Y 26.5%
10%
2.5%
10yr

Base inputs: FCF $1.2B · 0.88B shares · net debt $1.8B

Estimated Fair Value

$20.75

-91.9% vs $255.87

Current price$255.87

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $255.87; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
8.0%$26.30$27.75$29.47$31.54$34.06
9.0%$22.29$23.29$24.44$25.78$27.36
10.0%$19.24$19.95$20.75$21.67$22.73
11.0%$16.84$17.36$17.94$18.59$19.33
12.0%$14.91$15.30$15.73$16.21$16.74

About Marvell Technology, Inc.

Marvell Technology, Inc., together with its affiliated companies, specializes in the development, engineering, and commercialization of a broad range of integrated circuits. These offerings encompass analog, mixed-signal, digital signal processing, embedded, and standalone chip solutions. The company's product portfolio includes a variety of Ethernet solutions, such as controllers, network adapters, physical layer transceivers, and switches. They also provide single and multi-core processors, application-specific integrated circuits (ASICs), and System-on-a-Chip products for printers, along with application processors. Furthermore, Marvell delivers extensive storage solutions. These consist of controllers for both hard disk drives (HDDs) and solid-state drives (SSDs), designed to support diverse host system interfaces including serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express (PCIe), non-volatile memory express (NVMe), and NVMe over fabrics. Their fiber channel product line features host bus adapters and controllers essential for server and storage system connectivity. Marvell maintains operations across numerous international locations, including the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. The company was founded in 1995 and is headquartered in Wilmington, Delaware.

Wilmington, DE
7,042 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Matthew J. Murphy