STOCKROUTINES

Broadcom Inc.

Last Updated
Share Price
$580.02
Market Cap
$236.81B
Dividend Yield
2.87%
EPS
$17.54
P/E
33.07

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, and motion control encoders and subsystems. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.

0%
Income
  • Revenue $27.45B
  • Gross Profit $16.84B
  • Net Income $6.74B
  • Gross Margin 61.36%
  • Net Margin 24.54%
Cash Flow
  • Free Cash Flow (FCF) $13.32B
  • Free Cash Flow To Equity (FCFE) $1.83B
  • Dividends Paid $-6.21B
  • Debt Repayment $-11.49B
  • Net Stock Repurchased $1.13B
Balance Sheet
  • Shareholder Equity $24.99B
  • Debt To Equity (D/E) 202.41%
  • Book Value $24.99B
  • Book Value Per Share (BVPS) $0
  • Return On Invested Capital (ROIC) 16.39%
The financial metrics for Broadcom Inc. presented below are for the financial year 2021.
P/E 32.14 Price To Earnings Ratio
P/S 7.89 Price To Sales Ratio
P/B 8.66 Price To Book Ratio
P/CF 15.73 Price To Operating Cash Flow Ratio
P/FCF 16.25 Price To Free Cash Flow Ratio
P/FCFE 118.57 Price To Levered Free Cash Flow Ratio
P/EBT 32 Price To Pre-Tax Income
PEG 0.37 Trailing Price/Earnings To Growth Ratio
EV/Sales 8.89 Enterprise Value To Sales Ratio
EBIT/EV 0.04 EBIT To Enterprise Value Ratio
EV/EBITDA 16.61 Enterprise Value to EBITDA Ratio
D/E 2.02 Debt To Equity Ratio
ROE 27.56% Return On Equity
ROIC 16.39% Return On Invested Capital
DPR 92.22% Dividend Payout Ratio
Current Ratio 2.64 Current Liquidity Ratio
EPS Growth 86.12% Earnings Per Share Growth Rate
Graham Number $146.73 Benjamin Graham's Number
Piotroski Score N/A Piotroski F-Score
Beta N/A Beta Coefficient Value
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $27.45B$23.89B$22.6B$20.85B$17.64B$13.24B$6.82B$4.27B$2.52B$2.36B$2.34B$2.09B$1.48B$1.7B$1.53B
Cost of Revenue $10.61B$10.37B$10.04B$10.1B$9.13B$7.3B$3.27B$2.39B$1.32B$1.22B$1.19B$1.13B$924M$1.04B$1.17B
Gross Profit $16.84B$13.52B$12.56B$10.75B$8.51B$5.94B$3.55B$1.88B$1.2B$1.14B$1.15B$966M$560M$655M$362M
Gross Profit Margin 61.36%56.58%55.58%51.58%48.25%44.86%52.07%43.97%47.54%48.31%49.1%46.15%37.74%38.55%23.71%
Operating Expenses $8.18B$9.3B$9.12B$5.72B$5.84B$5.35B$1.78B$1.3B$644M$555M$559M$497M$489M$489M$426M
Research & Development Expenses (R&D) $4.85B$4.97B$4.7B$3.77B$3.29B$2.67B$1.05B$695M$398M$335M$317M$280M$245M$265M$205M
Selling, General & Administrative Expenses (SG&A) $1.35B$0$1.71B$1.06B$787M$806M$486M$407M$222M$199M$220M$196M$169M$196M$193M
Other Expenses $1.98B$4.34B$2.71B$900M$1.76B$1.87B$249M$197M$24M$21M$22M$21M$75M$28M$28M
Net Income $6.74B$2.96B$2.72B$12.26B$1.69B$-1.74B$1.36B$263M$552M$563M$552M$415M$-44M$83M$-159M
Net Profit Margin 24.54%12.39%12.05%58.8%9.59%-13.13%19.99%6.16%21.9%23.82%23.63%19.83%-2.96%4.89%-10.41%
Operating Income $8.52B$4.01B$3.44B$5.13B$2.38B$-409M$1.63B$438M$552M$582M$584M$466M$48M$160M$-105M
Other Income & Expenses (Net) $-1.75B$-1.57B$-1.22B$-590M$-558M$-698M$-165M$-96M$16M$3M$-23M$-60M$-84M$-100M$-107M
Depreciation & Amortization $6.04B$6.91B$5.81B$4.08B$4.74B$3.04B$962M$625M$187M$155M$157M$159M$160M$159M$176M
Interest Income $16M$53M$98M$114M$44M$10M$8M$6M$4M$0$1M$0$0$0$0
Interest Expense $1.89B$1.78B$1.44B$628M$454M$585M$191M$110M$1M$1M$4M$34M$77M$86M$109M
Income Tax Expense $29M$-518M$-510M$-8.08B$35M$642M$76M$33M$16M$22M$9M$-9M$8M$3M$8M
Effective Tax Rate 0.43%-21.2%-22.91%-177.87%1.92%0%5.18%9.65%2.82%3.76%1.6%-2.22%0%5%0%
EBITDA $14.69B$11.12B$9.47B$8.88B$6.92B$2.53B$2.59B$1.03B$756M$741M$722M$599M$201M$331M$134M
EBIT $8.65B$4.22B$3.66B$4.8B$2.18B$-512M$1.63B$406M$569M$586M$565M$440M$41M$172M$-42M
EBT N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Shares Outstanding 410M402M398M418M405M366M264M251M247M245M245M238M219M214M214M
Diluted Shares Outstanding 429M421M419M431M421M383M281M267M252M250M252M246M219M219M214M
EPS $15.7$6.62$6.77$29.33$4.43$-4.75$5.17$1.05$2.23$2.3$2.25$1.74$-0.2$0.39$-0.74
Diluted EPS $15$6.33$6.43$28.44$4.27$-4.86$4.85$0.99$2.19$2.25$2.19$1.69$-0.2$0.38$-0.74
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Operating Cash Flow $13.76B$12.06B$9.7B$8.88B$6.55B$3.41B$2.32B$1.18B$722M$693M$726M$510M$139M$208M$146M
Net Income $6.74B$2.96B$2.72B$12.26B$1.69B$-1.74B$1.36B$263M$552M$563M$552M$415M$-44M$83M$-159M
Depreciation & Amortization $6.04B$6.91B$5.81B$4.08B$4.74B$3.04B$962M$625M$187M$155M$157M$159M$160M$159M$176M
Deferred Income Tax $-809M$-1.14B$-934M$-8.27B$-173M$365M$-90M$-50M$25M$13M$0$0$0$0$0
Stock-Based Compensation $1.7B$1.98B$2.19B$1.23B$921M$679M$232M$163M$77M$53M$38M$25M$12M$15M$12M
Change In Working Capital $-127M$1.09B$-184M$-826M$-625M$483M$-166M$209M$-91M$-87M$-35M$-99M$-6M$-34M$-3M
Other Non-Cash Items $219M$269M$98M$409M$-1M$581M$16M$-35M$-28M$-4M$14M$10M$17M$-15M$120M
Cash From Investing $-245M$-11.11B$-15.42B$-4.67B$-674M$-9.84B$-241M$-5.88B$-652M$-244M$-122M$-86M$-63M$-94M$5M
Purchases Of Investments $0$0$-5M$-249M$-207M$-58M$-14M$0$-15M$-4M$-9M$-9M$-7M$-78M$-27M
Sales / Maturities of Investments $169M$0$5M$54M$200M$104M$0$35M$13M$0$0$0$0$0$0
Property, Plant & Equipment Investments $-443M$-463M$-432M$-635M$-1.07B$-723M$-593M$-409M$-236M$-241M$-112M$-79M$-57M$-65M$-37M
Net Acquisitions $37M$-10.65B$-15.08B$-4.03B$-30M$-9.16B$256M$-5.51B$-414M$0$0$0$0$0$0
Other Investing Activites $-8M$8M$86M$183M$432M$-6M$110M$0$0$1M$-1M$2M$1M$49M$69M
Cash From Financing $-8.97B$1.61B$6.49B$-11.12B$2.23B$7.7B$-1.86B$5.33B$-169M$-194M$-336M$-335M$183M$-210M$-114M
Debt Repayment $-11.49B$-20.1B$-16.8B$-994M$-13.68B$-11.32B$-1.82B$-13M$-2M$-2M$-233M$-366M$-115M$-202M$-108M
Dividend Payments $-6.21B$-5.53B$-4.24B$-3B$-1.75B$-750M$-408M$-284M$-198M$-137M$-86M$0$0$0$0
Payout Ratio 92.22%186.96%155.47%24.46%103.13%-43.13%29.91%107.98%35.87%24.33%15.58%0%0%0%0%
Net Common Stock Repurchased $1.13B$489M$6.15B$7.1B$-257M$-295M$-241M$-112M$-6M$66M$23M$-28M$-298M$5M$2M
Common Stock Repurchased $-1.3B$-765M$-6.41B$-7.26B$0$0$0$-12M$-95M$-110M$-93M$0$-6M$-5M$-2M
Common Stock Issued $1.13B$489M$6.15B$7.1B$-257M$-295M$-241M$-112M$-6M$66M$23M$-28M$-298M$5M$2M
Other Financing Activites $9.86B$27.73B$33.68B$-24M$17.4B$19.48B$125M$5.51B$25M$11M$6M$3M$0$-3M$-4M
Accounts Receivables $210M$981M$486M$-652M$-267M$-491M$-187M$-70M$-26M$-13M$-42M$-96M$0$38M$-31M
Accounts Payables $243M$-3M$-42M$-325M$-97M$33M$29M$13M$22M$-2M$25M$23M$-16M$-29M$29M
Inventory $-294M$-31M$250M$417M$-39M$996M$62M$193M$-55M$0$-5M$-26M$27M$-45M$28M
Other Working Capital $-286M$146M$-878M$-266M$-222M$-55M$-70M$73M$-32M$-72M$-13M$-27M$22M$15M$-3M
Capital Expenditure (CAPEX) $-443M$-463M$-432M$-635M$-1.07B$-723M$-593M$-409M$-236M$-241M$-112M$-79M$-58M$-71M$-37M
Effect Of Foreign Exchange On Cash $0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Change In Cash $4.54B$2.56B$763M$-6.91B$8.11B$1.27B$218M$619M$-99M$255M$268M$89M$259M$-96M$37M
Free Cash Flow (FCF) $13.32B$11.6B$9.27B$8.24B$5.48B$2.69B$1.73B$766M$486M$452M$614M$431M$81M$137M$109M
Free Cash Flow To Equity (FCFE) $1.83B$-8.5B$-7.54B$7.25B$-8.2B$-8.63B$-92M$753M$484M$450M$381M$65M$-34M$-65M$1M
    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Total Assets $75.57B$75.93B$67.49B$50.12B$54.42B$49.97B$10.59B$10.49B$3.42B$2.86B$2.45B$2.16B$1.97B$1.87B$1.95B
Total Current Assets $16.59B$11.89B$9.92B$9.11B$15.82B$7.13B$3.77B$3.83B$1.82B$1.69B$1.39B$1.09B$864M$619M$717M
Cash & Short-Term Investments $12.16B$7.62B$5.05B$4.29B$11.2B$3.1B$1.82B$1.6B$999M$1.08B$829M$561M$472M$213M$309M
Cash & Cash Equivalents $12.16B$7.62B$5.05B$4.29B$11.2B$3.1B$1.82B$1.6B$985M$1.08B$829M$561M$472M$213M$309M
Short-Term Investments $0$0$0$0$0$0$0$0$14M$0$0$0$0$0$0
Net Receivables $2.07B$2.3B$3.26B$3.39B$2.45B$2.18B$1.02B$782M$437M$341M$328M$285M$186M$184M$218M
Inventory $1.3B$1B$874M$1.12B$1.45B$1.4B$524M$519M$285M$194M$194M$189M$162M$188M$140M
Other Current Assets $1.05B$977M$729M$301M$724M$447M$410M$930M$97M$72M$42M$52M$44M$34M$50M
Total Non-Current Assets $58.98B$64.04B$57.58B$41.02B$38.59B$42.84B$6.82B$6.66B$1.6B$1.17B$1.05B$1.07B$1.11B$1.25B$1.23B
Property, Plant & Equipment (PP&E) $2.35B$2.51B$2.56B$2.63B$2.6B$2.51B$1.46B$1.16B$661M$503M$316M$281M$264M$299M$292M
Goodwill & Intangible Assets $54.82B$60.23B$54.27B$37.67B$35.54B$39.8B$4.95B$5.21B$883M$602M$676M$745M$818M$890M$899M
Goodwill $43.45B$43.45B$36.71B$26.91B$24.71B$24.73B$1.67B$1.6B$391M$180M$177M$172M$171M$169M$122M
Intangible Assets $11.37B$16.78B$17.55B$10.76B$10.83B$15.07B$3.28B$3.62B$492M$422M$499M$573M$647M$721M$777M
Long-Term Investments $0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Non-Current Assets $1.81B$1.3B$743M$538M$458M$532M$406M$285M$53M$66M$61M$44M$24M$63M$43M
Other Assets $0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities $50.58B$52.03B$42.55B$23.47B$31.23B$28.09B$5.88B$7.25B$529M$443M$440M$652M$930M$1.09B$1.26B
Total Current Liabilities $6.28B$6.37B$6.9B$2.34B$2.53B$3.08B$1.12B$1.02B$423M$346M$350M$565M$633M$328M$321M
Accounts Payables $1.09B$836M$855M$811M$1.1B$1.26B$617M$515M$278M$248M$221M$198M$154M$174M$194M
Short-Term Debt $290M$827M$2.79B$0$117M$454M$46M$46M$1M$1M$2M$232M$366M$2M$2M
Deferred Revenue $2.62B$2.62B$1.5B$164M$0$0$0$0$11M$8M$10M$0$0$0$0
Other Current Liabilities $2.29B$2.09B$1.76B$1.36B$1.31B$1.36B$456M$455M$133M$89M$117M$135M$113M$152M$125M
Total Non-Current Liabilities $44.3B$45.66B$35.65B$21.13B$28.7B$25.01B$4.76B$6.23B$106M$97M$90M$87M$297M$763M$937M
Long-Term Debt $39.44B$40.23B$30.04B$17.49B$17.43B$13.19B$3.9B$5.46B$0$0$0$0$230M$703M$903M
Other Non-Current Liabilities $4.29B$4.6B$4.13B$2.79B$1.25B$1.54B$856M$769M$106M$97M$90M$87M$67M$60M$34M
Total Debt $39.73B$41.06B$32.83B$17.49B$17.55B$13.64B$3.95B$5.51B$2M$3M$6M$236M$596M$705M$905M
Total Shareholder Equity $24.99B$23.9B$24.97B$26.66B$20.29B$18.89B$4.71B$3.24B$2.89B$2.42B$2.01B$1.5B$1.04B$780M$693M
Common Stock $0$0$0$23.29B$20.5B$19.24B$2.55B$2.01B$1.59B$0$0$0$0$0$0
Retained Earnings $748M$0$0$3.49B$-129M$-215M$2.24B$1.28B$1.3B$951M$525M$59M$-356M$-312M$-386M
Accumulated Other Comprehensive Income Loss (AOCL) $-116M$-108M$-140M$-115M$-91M$-134M$-73M$-50M$-6M$-11M$2M$-4M$3M$8M$4M
Other Shareholder Equity $0$0$25.08B$0$0$0$0$0$0$1.48B$1.48B$1.45B$1.39B$1.08B$1.08B
Total Investments $0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Debt $27.57B$33.44B$27.77B$13.2B$6.34B$10.54B$2.13B$3.9B$-983M$-1.08B$-823M$-325M$124M$492M$596M
Book Value $24.99B$23.9B$24.94B$26.66B$23.19B$21.88B$4.71B$3.24B$2.89B$2.42B$2.01B$1.5B$1.04B$780M$693M

Discounted Cash Flow

Use the Discounted Cash Flow (DCF) tool to estimate the intrinsic value of Broadcom Inc. stock.

Assumptions
Forecast Period
Required Return
  Low Mid High
Revenue Growth
FCFE Margin
Perpetual Growth
Terminal P/FCFE
Assumptions

The number of assumptions to make for each forecast.

Forecast Period

The number of years to forecast future cash flows. These future cash flows are used to determine the intrinsic present value for the stock.

It is generally recommended to select a longer period for more established companies with stable financial histories.

Forecast Period

The compounding annual rate of return required, according to your investment objectives. This is used to discount back future cash flows.

Revenue Growth

Estimate the annual compounding revenue growth rate. You can use the historical compounding annual growth rates provided below as a guide.

  • 1 Year 13.86%
  • 3 Years 8.8%
  • 5 Years 13.24%
  • 10 Years 29.32%
Levered Free Cash Flow Margin

Estimate levered free cash flow (FCFE) as a percentage of revenue. You can use the historical margins provided below as a guide.

  • 1 Year 6.65%
  • 3 Years -20.76%
  • 5 Years -14.8%
  • 10 Years -8.46%
Perpetual Growth Rate

Estimate the compounding annual growth rate at which revenues will grow in perpetuity after the forecast period. This is the first method used to calculate the terminal value.

Values of between 2% and 5% are generally recommended.

Price To Levered Free Cash Flow

Estimate the price to levered free cash flow (P/FCFE) for the stock after the forecast period. This is the second method used to calculate the terminal value.

This method for calculating the terminal value can be preferred for shorter forecast periods. You can use the historical rations provided below as a guide.

  • 1 Year 118.57
  • 3 Years 28.62
  • 5 Years 17.1
  • 10 Years -28.13
Chief Executive Officer (CEO) Mr. Hock Tan
Full-Time Employees 20K
Industry Semiconductors
Sector Technology
Country US
Website https://www.broadcom.com

Copyright © 2022 STOCKROUTINES