Marvell Technology, Inc.

MRVL

Quality scores

Data as of Sep 5, 2026

8 / 9

Strong

8/9 — SOLID fundamentals (high quality).

PassROA > 0 — ROA last year = 11.98 %
PassFCF > 0 — FCF last year = 1,396.40 mill.
FailFCF > net income (accrual quality) — FCF 1,396.40 vs. net income 2,670.10 (mill.)
PassRising ROA — ROA 11.98 % vs. prior year -4.38 %

PassLower long-term leverage — long-term debt/assets 0.18 vs. prior 0.19
PassRising current ratio (more liquidity) — Current ratio 2.01 vs. prior 1.54
PassNo dilution (shares do not grow) — Shares 847.30 mill. vs. prior 866.00 mill.

Z-Score (original)

15.05

Safe zone

Z''-Score (non-manufacturing)

6.68

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.15
X2 — Retained earnings / Total assets	0.06
X3 — EBIT / Total assets	0.06
X4 — Market cap / Total liabilities	23.70
X4 — Book equity / Total liabilities	1.79
X5 — Sales / Total assets	0.37