Broadcom Inc


Market Cap$592.23B

Compare Broadcom

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Broadcom IncBroadcom Inc42.11.49%59%17.21.6
marketMarket Avg49.51.28%13%6.20.1
TechnologyTechnology Avg17.30.64%48%110.9

Earnings Call Q4 2023

December 7, 2023 - AI Summary

Broadcom reported fourth quarter fiscal year 2023 consolidated net revenue of $9.3 billion, up 4% YoY.
Semiconductor solutions revenue increased 3% YoY to $7.3 billion, driven by strong demand from hyperscalers for custom AI accelerators and networking products.
Infrastructure software revenue grew 7% YoY to $2 billion, with a focus on VMware's core business of creating private and hybrid cloud environments.
Broadcom closed the acquisition of VMware in November 2023 and expects VMware to contribute $12 billion in revenue in fiscal year 2024.
The company forecasts fiscal year 2024 consolidated revenue of $50 billion, representing 40% YoY growth, with semiconductor revenue expected to grow mid- to high-single-digit percent YoY.
Broadcom plans to increase its quarterly common stock cash dividend by 14% to $5.25 per share in Q1 fiscal 2024, targeting an annual dividend of $21 per share. Note: This summary does not include all details provided in the earnings call transcript.

Target Price by Analysts

17.9% downsideBroadcom Target Price DetailsTarget Price

Current Fair Value

3.8% downside

Overvalued by 3.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$592.23 Billion
Enterprise Value$617.27 Billion
Dividend Yield$18.8267 (1.49%)
Earnings per Share$32.98
Outstanding Shares468,140,569
Avg 30 Day Volume2,765,800


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio42.06
Price to Sales17.17
Price to Book Ratio25.59
Enterprise Value to Revenue17.23
Enterprise Value to EBIT37.51
Enterprise Value to Net Income43
Total Debt to Enterprise0.06
Debt to Equity1.64

Revenue Sources

No data

ESG Score

No data

About Broadcom Inc

CEO: Hock Tan