Broadcom Inc
AVGO
Market Cap$583.44B
Close$
Earnings Call Q1 2024
March 7, 2024 - AI Summary
Broadcom reported strong financial results for the first quarter of fiscal year 2024, with consolidated net revenue of $12 billion, up 34% YoY.
Semiconductor solutions revenue increased 4% YoY to $7.4 billion, driven by strong demand for custom AI accelerators in networking.
Infrastructure software revenue grew 153% YoY to $4.6 billion, primarily due to the contribution from VMware.
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$883.32
27.9% downside
Current Fair Value
27.9% downsideOvervalued by 27.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $583.44 Billion |
|---|---|
| Enterprise Value | $647.48 Billion |
| Dividend Yield | $19.4699 (1.55%) |
| Earnings per Share | $26.65 |
| Beta | 1.9 |
| Outstanding Shares | 463,421,237 |
| Avg 30 Day Volume | 2,642,890 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 50.15 |
|---|---|
| PEG | -77.29 |
| Price to Sales | 14.75 |
| Price to Book Ratio | 8.11 |
| Enterprise Value to Revenue | 16.66 |
| Enterprise Value to EBIT | 42.78 |
| Enterprise Value to Net Income | 55 |
| Total Debt to Enterprise | 0.12 |
| Debt to Equity | 1.08 |
Revenue Sources
No data
ESG Score
No data
About Broadcom Inc
CEO: Hock Tan