EBITDAEarnings Before Interest, Taxes, Depreciation, and Amortization — a measure of operating profitability before financing and accounting decisions. EV/EBITDA compares a company's full value (including debt) to this figure, often used to compare companies with different capital structures.
5yr EBITDA growth 29.6%
PEG ratioPrice/Earnings-to-Growth: the P/E ratio divided by expected earnings growth. Below 1.0 is often read as cheap relative to growth; above suggests the market is pricing in a lot of future growth already. Different providers use different growth-rate assumptions, so figures vary by source.
2.63
Capex
$391.00M (TTM)
Fundamentals sourced as cited below; figures vary slightly by provider and reporting date, consistent with real-world data variance across sources. EBITDA, PEG ratio, and capex sourced from public filings and financial-data aggregators (GuruFocus, StockAnalysis, company earnings releases). PEG ratio is sourced primarily from GuruFocus where available; different providers calculate PEG using different growth-rate assumptions (trailing vs. forward, 1-year vs. 5-year), so figures from other sources for the same stock can vary by several multiples — a known limitation of PEG as a metric, not unique to any name here.
Why it's on the list
Marvell designs custom AI silicon (ASICs) for hyperscalers as an alternative to buying off-the-shelf NVIDIA GPUs — a different, complementary bet on the same AI-buildout theme than anything else currently in the book.
Why it's not in the book yet
The stock already trades at a very rich multiple (80x+ trailing earnings) pricing in a lot of custom-silicon success, and I don't yet have high conviction on which hyperscaler AI-chip programs will actually scale versus stay pilot-sized.
What would move me to buy
More disclosed detail on customer concentration and program-specific revenue, since custom-silicon deals are lumpy and customer-concentrated by nature — I want to see the backlog, not just the narrative.
Sources: SEC Form 8-K, public.com, fullratio.com, companiesmarketcap.com (as of July 11, 2026). This is a watchlist entry, not a position — see Watchlist for the full list and Investment Policy Statement for what it takes for a name to become a real position. Not investment advice.