Marvell Technology Group Ltd. (NASDAQ:MRVL)

cibient (< 20) Submitted: 12/21/2011 3:52:02 PM : Start Price: $13.90 MRVL Score: -9.82

Magic Formula screener stock. Still a growth stock, along with tons of balance sheet cash with no debt. On another note, semi-related stocks are now the largest industry in my portfolio but most of them have huge cash piles, ready to weather a downturn.Results for ticker 'MRVL' (Marvell Technology Group Ltd.):Earnings Yield:   12.3%Tangible Return on Capital:   112.1%MagicDiligence Research for 'MRVL':No research available.Instant Diligence:The Earnings Yield of 12.3% is High.The Tangible Return on Capital of 112.1% is Very High.Near-term Financial Health appears to be Excellent. The current ratio is 4.91.Calculations:(for quarter ended 2011-10-31)Market Cap   =   Stock_Price * Shares   =   13.90 * 613.50   =   8527.00Excess Cash   =   Cash - MAX(0; (Current Liabilities - Current Assets + Cash))   =   2424.70 - MAX(0; (661.77 - 3247.51 + 2424.70))   =   2424.70Enterprise Value   =   Market Cap + Total Debt - Excess Cash   =   8527.00 + 0.00 - 2424.70   =   6102.30Tangible Invested Capital   =   Total Assets - Goodwill - Intangibles - Current Liabilities + Short Term Debt - Excess Cash - Minority Interest   =   5867.38 - 2009.66 - 102.43 - 661.77 + 0.00 - 2424.70 - 0.00   =   668.82Earnings Yield   =   (Operating Earnings - Minority Interest) / Enterprise Value   =   (749.86 - 0.00) / 6102.30   =   0.123 (12.3%)MFI Return on Capital   =   Operating Earnings / Tangible Invested Capital   =   749.86 / 668.82   =   1.121 (112.1%)