Top 4 Undervalued Stocks for 2024
Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.
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Shares Stats
| Shares Outstanding | 675,694,976 |
| Shares Float | 668,240,272 |
| Shares Short | 35,319,592 |
| Insider Holdings | 91% |
| Institution Holdings | 91.41% |
About Marvell Technology Group Ltd
Marvell Technology Group Ltd. designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; custom application specific integrated circuits; and printer SoC products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in 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 Hamilton, Bermuda.
General
| Name | Marvell Technology Group Ltd |
| Ticker | MRVL |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
Highlights
| Analyst Target | 54.13 |
| Market Cap | 31,170,039,808 |
| PE Ratio | -66.69 |
| PEG Ratio | 2.30 |
| EBITDA | 616,776,000 |
Financials
| Profit Margin | -0.09 |
| Return on Assets | -0.00 |
| Return on Equity | -0.03 |
| Revenue | 2,968,900,096 |
| Earnings Per Share | -0.42 |
| Revenue Per Share | 4.44 |
| Gross Profit | 1,523,634,000 |
| Quarterly Revenue Growth | 0.11 |
Valuation
| Trailing PE | 18.38 |
| Forward PE | 34.36 |
| Price/Sales (Trailing 12 Mt.) | 10.62 |
| Price/Book (Most Recent Quarter) | 3.78 |
Dividend
Marvell Technology Group Ltd pays out a dividend of $0.24 per share, with a dividend yield of 0.33%.
MRVL's last dividend payment was made to shareholders on April 28, 2021.
They pay out 21.05% of their earnings out as a dividend.
Recent Dividends
| May 1, 2024 | $0.06 |
| Jan 31, 2024 | $0.06 |
| Oct 25, 2023 | $0.06 |
| Jul 26, 2023 | $0.06 |
| Apr 26, 2023 | $0.06 |
| Jan 25, 2023 | $0.06 |
| Oct 26, 2022 | $0.06 |
| Jul 27, 2022 | $0.06 |
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