Broadcom Inc. (AVGO) stock analysis
Company overview and business model
Source fact: Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software. The company offers networking connectivity, such as custom silicon solutions, ethernet switching & routing, ethernet NIC controllers, physical layer devices, and fiber optic components; wireless device connectivity, including RF semiconductor devices, connectivity solutions, custom touch controllers, and inductive charging ASICS; servers and storage system solutions, such as PCIE switches, SAS & raid products, fibre channel products, and HDD & SSD solutions; broadband solutions, includes set-top box, and broadband access; and industrial. The company also offers a private cloud software portfolio, including the VMware Cloud Foundation, Edge, vSphere foundation, telco cloud platform, private AI, live recovery, application networking and security, application development and data services; mainframe software, such as AIOPS & automation, database & data management, DEVX & DEVOPS, cybersecurity & compliance management, beyond code programs, foundational & open mainframe solutions; cybersecurity, such as endpoint, network, information, application security, and identity & access management; enterprise software; and fc san management. Its products are used in various applications in enterprise and data center networking, including artificial intelligence networking and connectivity, home connectivity, set-top boxes, broadband access, telecommunication equipment, wireless device and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
Classification: NASDAQ · Technology · Semiconductors
Revenue and growth
Source fact: Revenue was USD 63.89 billion for the period ending 2025-10-31.
Caverian calculation: Revenue changed +23.9% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 23.13 billion in the latest reported period.
Source metric: Reported net margin was 36.2%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 16.18 billion.
Source fact: Total debt was USD 65.14 billion.
Source metric: Current ratio was 1.71x.
Cash-flow analysis
Source fact: Operating cash flow was USD 27.54 billion.
Source fact: Free cash flow was USD 26.91 billion.
Valuation
Source metrics: Trailing P/E 60.60x; Forward P/E 18.86x; Price to book 19.99x; Price to sales 23.23x; EV/EBITDA 42.73x.
Caverian model output: Value score was 47/100.
Competitive position
Classification: Peer context: Semiconductors within Technology.
Caverian model output: Quality score was 85/100.
Caverian model output: Growth score was 78/100.
Material risks
Caverian calculation: Altman Z-score was 12.76 (safe zone).
Caverian calculation: Piotroski F-score was 8/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles