Frontierby eninvs

Language: EN / RU

← Region

Broadcom Inc. (AVGO) USD

Semiconductors and infrastructure software for networking, storage, broadband, and wireless.

At a glance: strengths & risks
✓Revenue growing (+86% y/y, Q3 2026)✓Profit growing (+216% y/y, Q3 2026)✓Margins improving (38%→54%, Q3 2026)✓Cheaper than own history (EV/EBITDA 28.8 vs avg 38.9)

Sector: Technology

US_AVGO

Price chart

323.24 USDDay -4.31%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
323.24 USD · -4.31%
Market cap
1568.7 bn USD

Growth

Δ revenue y/y
85.5%
Δ EBITDA y/y
167.5%

Multiples

P/E (LTM)
41.0x
3y avg: 82.3x
P/B (FY)
19.3x
P/E (ann.)
30.0x
EV/EBITDA (LTM)
28.8x
3y avg: 38.9x
EV/EBITDA (ann.)
24.9x

Cash return

Dividend yield
0.8%
FCF yield (LTM)
2.6%

Value creation

fundamental value/yr, % of market cap
Value created / year
+44.3%
↓ details

Liquidity

Daily turnover (US listing)
9.1 bln USD

Shares: yahoo_fundamentals_timeseries/AVGO

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-08-02Q3 2026 (3M)OK29.6
y/y 85.5%
16.0
y/y 171.0%
0.2
y/y 20.4%
16.1
y/y 167.5%
13.1
y/y 216.1%
14.2-0.5188.1
y/y 13.6%
99.7
y/y 36.0%
18.6%35.4SEC EDGAR
2026-05-03Q2 2026 (3M)OK22.2
y/y 47.9%
10.8
y/y 85.1%
4.5
y/y 3038.0%
15.2
y/y 155.3%
9.3
y/y 87.5%
10.5-0.2179.2
y/y 8.8%
87.7
y/y 26.0%
44.4%50.7SEC EDGAR
2026-02-01Q1 2026 (3M)OK19.3
y/y 29.5%
8.6
y/y 36.8%
2.1
y/y -0.8%
10.7
y/y 27.2%
7.3
y/y 33.5%
8.3-0.2169.9
y/y 2.7%
79.9
y/y 14.4%
36.5%51.9Link
2025-11-02Q4 2025 (3M)OK18.0
y/y 28.2%
7.5
y/y 62.3%
6.2
y/y -34.0%
13.7
y/y -2.3%
8.5
y/y 97.0%
7.7-0.2171.1
y/y 3.3%
81.3
y/y 20.1%
29.9%50.3Link
2025-08-03Q3 2025 (3M)OK16.0
y/y 22.0%
5.9
y/y 55.4%
0.1
y/y -4.7%
6.0
y/y 53.1%
4.1
y/y —
7.2-0.1165.6
y/y -1.4%
73.3
y/y 11.6%
7.7%53.5Link
2025-05-04Q2 2025 (3M)OK15.0
y/y 20.2%
5.8
y/y 96.6%
0.1
y/y -4.7%
6.0
y/y 91.7%
5.0
y/y 134.1%
6.6-0.1164.6
y/y -6.0%
69.6
y/y -0.5%
28.5%57.8Link
2025-02-02Q1 2025 (3M)OK14.9
y/y 24.7%
6.3
y/y 200.5%
2.1
y/y 1437.4%
8.4
y/y 277.9%
5.5
y/y 315.3%
6.1-0.1165.4
y/y -7.0%
69.8
y/y -0.7%
32.0%57.3Link
2024-11-03Q4 2024 (3M)OK14.1
y/y 51.2%
4.6
y/y 9.1%
9.4
y/y 179.5%
14.1
y/y 84.6%
4.3
y/y 22.7%
5.6-0.1165.6
y/y 127.3%
67.7
y/y 182.1%
8.8%59.5Link
2024-08-04Q3 2024 (3M)OK13.1
y/y 47.3%
3.8
y/y -1.8%
0.1
y/y 22.1%
3.9
y/y -1.0%
-1.9
y/y -156.8%
5.0-0.2168.0
y/y 134.6%
65.7
y/y 197.3%
-3.7%60.0Link
2024-05-05Q2 2024 (3M)OK12.5
y/y 43.0%
3.0
y/y -26.0%
0.1
y/y 15.5%
3.1
y/y -24.7%
2.1
y/y -39.1%
4.6-0.7175.2
y/y 144.5%
70.0
y/y 217.9%
12.1%64.2Link
2024-02-04Q1 2024 (3M)OK12.0
y/y 34.2%
2.1
y/y -49.2%
0.1
y/y 9.4%
2.2
y/y -47.5%
1.3
y/y -64.9%
4.8-25.5177.9
y/y 143.7%
70.3
y/y 201.5%
11.2%64.0Link
2023-10-29Q4 2023 (3M)OK9.3
y/y —
4.2
y/y —
3.4
y/y —
7.6
y/y —
3.5
y/y —
4.8-0.272.9
y/y —
24.0
y/y —
61.1%25.4Link
2023-07-30Q3 2023 (3M)OK8.9
y/y —
3.9
y/y —
0.1
y/y —
4.0
y/y —
3.3
y/y —
4.7-0.171.6
y/y —
22.1
y/y —
20.0%27.2Link
2023-04-30Q2 2023 (3M)OK8.7
y/y —
4.0
y/y —
0.1
y/y —
4.1
y/y —
3.5
y/y —
4.5-0.171.7
y/y —
22.0
y/y —
61.5%27.7Link
2023-01-29Q1 2023 (3M)OK8.9
y/y —
4.1
y/y —
0.1
y/y —
4.2
y/y —
3.8
y/y —
4.0-0.173.0
y/y —
23.3
y/y —
—26.6Link

Net debt structure (leases included, IFRS 16) 2026-08-02

Short-term debt (incl. ST leases)2 252
Long-term debt (incl. LT leases)57 167
− Cash & equivalents23 975
Net debt35 444

Net debt / LTM EBITDA: 0.6x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

020 00040 00060 00080 0002023 FY2024 FY2025 FY

Year-over-year change

0%20%40%60%2023 FY2024 FY2025 FY

Cash flow

Operating and investing cash flow (OCF + ICF) ($ mln)

-10 000010 00020 00030 0002023 FY2024 FY2025 FY

Net debt / cash ($ mln)

020 00040 00060 0002023 FY2024 FY2025 FY

Profit and cash

Worth a look
In a typical year of 2021–2025 operating cash flow came to 1.46x of reported net profit; after capex, 1.42x.
year20212022202320242025
cash flow / profit2.04x1.46x1.28x3.39x1.19x
accruals, % of assets-9.3%-7.2%-5.5%-8.5%-2.6%
Last twelve months (to 2026-08-02): 1.06x of profit came back as operating cash flow.
net debt / EBITDA 1.5x · EBIT covers interest 7.9x · capex 0.1x of depreciation · dividends 44% of free cash flow · share count +83.4% a year
● Capex is 11% of depreciation - the asset base is being consumed faster than replaced.
● Diluted share count grew 83.4% a year.
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +44.3%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-08-02 vs 2025-08-03)
= (16 126 − 6 029) × 3.21
32 429
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (1 568 684 + 35 444) ÷ 51 793
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 18 067 + 3 086 + 7 850 − 0
29 003
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 1.0% × 1 568 684
−15 230
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (32 429 × 21.0 + 29 003 − 15 230) ÷ 1 568 684
+44.3%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • share-count dilution 1.0%/yr (valued at market: -15230)

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth +24% vs +44% the year before — a -20.1 pp move. 3-year CAGR +24%.
revenue growth by year: 2023 +8% · 2024 +44% · 2025 +24%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 31.0x · 3-year 75th pct 55.8x

EV/EBITDA3-year 75th pct

Peer comparison

Group: Technology. Every peer trades on the same market, so no adjustment is needed.

CompanyMarketCap, $bnEV/EBITDA
MICRON TECHNOLOGY INCUS1027.99.1x
ORACLE CORPUS390.515.4x
INTERNATIONAL BUSINESS MACHINES CORPUS238.619.5x
MICROSOFT CORPUS3972.120.9x
NVIDIA CORPUS5394.826.9x
CISCO SYSTEMS, INC.US423.227.3x
TEXAS INSTRUMENTS INCUS259.928.4x
Apple Inc.US5081.929.8x
APPLIED MATERIALS INC /DEUS324.333.3x
KLA CORPUS213.636.0x
LAM RESEARCH CORPUS326.337.6x
Arista Networks, Inc.US235.150.2x
Group median27.8x
Group average27.9x
This companyUS1639.328.8x

Group median 27.8x; this company 28.8x — a 3% premium.

Group average 27.9x; against the average this company is at a 3% premium.

At the adjusted group median the market cap would be -3% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 20.9x, Russia 3.7x, South Africa 5.0x, Kazakhstan 4.7x, India 18.8x, Indonesia 5.1x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-22; the company's own is live.

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-09-210.65 USDEx-dividend: 0.65 USD per sharePaidYahoo Finance (ex-div)
2026-06-220.65 USDEx-dividend: 0.65 USD per sharePaidYahoo Finance (ex-div)
2026-03-230.65 USDEx-dividend: 0.65 USD per sharePaidYahoo Finance (ex-div)
2025-12-220.65 USDEx-dividend: 0.65 USD per sharePaidYahoo Finance (ex-div)
2025-09-220.59 USDEx-dividend: 0.59 USD per sharePaidYahoo Finance (ex-div)
2025-06-200.59 USDEx-dividend: 0.59 USD per sharePaidYahoo Finance (ex-div)
2025-03-200.59 USDEx-dividend: 0.59 USD per sharePaidYahoo Finance (ex-div)
2024-12-230.59 USDEx-dividend: 0.59 USD per sharePaidYahoo Finance (ex-div)
2024-09-190.53 USDEx-dividend: 0.53 USD per sharePaidYahoo Finance (ex-div)
2024-06-240.525 USDEx-dividend: 0.525 USD per sharePaidYahoo Finance (ex-div)
2024-03-200.525 USDEx-dividend: 0.525 USD per sharePaidYahoo Finance (ex-div)
2023-12-190.525 USDEx-dividend: 0.525 USD per sharePaidYahoo Finance (ex-div)
2023-09-200.46 USDEx-dividend: 0.46 USD per sharePaidYahoo Finance (ex-div)
2023-06-210.46 USDEx-dividend: 0.46 USD per sharePaidYahoo Finance (ex-div)
2023-03-210.46 USDEx-dividend: 0.46 USD per sharePaidYahoo Finance (ex-div)
2022-12-190.46 USDEx-dividend: 0.46 USD per sharePaidYahoo Finance (ex-div)
2022-09-210.41 USDEx-dividend: 0.41 USD per sharePaidYahoo Finance (ex-div)
2022-06-210.41 USDEx-dividend: 0.41 USD per sharePaidYahoo Finance (ex-div)
2022-03-210.41 USDEx-dividend: 0.41 USD per sharePaidYahoo Finance (ex-div)
2021-12-210.41 USDEx-dividend: 0.41 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Broadcom Inc. (AVGO) — from primary filings.

Frequently asked questions

What is Broadcom Inc. (AVGO)'s P/E ratio?
Broadcom Inc. (AVGO) trades at a P/E of 41.0x (price to trailing 12-month earnings).
What is Broadcom Inc. (AVGO)'s EV/EBITDA?
Broadcom Inc. (AVGO) trades at 28.8x EV/EBITDA.
What is Broadcom Inc. (AVGO)'s P/B ratio?
Broadcom Inc. (AVGO) trades at a P/B of 19.3x.
What is Broadcom Inc. (AVGO)'s dividend yield?
Broadcom Inc. (AVGO)'s trailing 12-month dividend yield is 0.8%.
What is Broadcom Inc. (AVGO)'s return on equity (ROE)?
Broadcom Inc. (AVGO)'s ROE is 18.6%.
What is Broadcom Inc. (AVGO)'s market capitalization?
Broadcom Inc. (AVGO)'s market cap is 1568.7 bn USD.

See also: AI & Semiconductor Stocks by Valuation (2026): The Cheapest Ways to Own the AI Boom · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map