Broadcom Inc. (AVGO) Stock

About Broadcom Inc.

Broadcom Inc. is a prominent global technology enterprise focused on the innovation, development, and supply of advanced semiconductor solutions and critical infrastructure software. The company's headquarters are situated in San Jose, California, and it maintains a significant team of 19,000 full-time staff. Its operations are segmented into four primary divisions: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. Broadcom’s diverse product range is integrated into numerous end-user technologies, including enterprise and data center networking, residential internet solutions, digital television receivers, telecommunications apparatus, mobile phones, data center servers and storage architectures, industrial automation, alternative and power generation systems, and electronic display technologies. The company's product offerings extend from fundamental discrete components to intricate sub-systems incorporating various device categories. This also encompasses specialized firmware designed to facilitate interaction between analog and digital systems, alongside mechanical hardware engineered to connect with optoelectronic or capacitive sensing technologies.

Broadcom Inc. is led by CEO Hock E. Tan, employs 37,000 people, headquartered in Palo Alto, US, publicly traded since 2009.

Broadcom Inc. (AVGO) stock trades at $427.76 with a market capitalization of $2.04T. The stock is valued at a price-to-earnings (P/E) ratio of 83.98, price-to-book of 25.50, price-to-sales of 23.75. Over the past 52 weeks the stock has ranged between $175.82 and $427.76, and currently trades at its 52-week high. It pays a dividend yielding 0.66%.

On profitability, Broadcom Inc. generates a return on equity (ROE) of 33.37% — well above the market average, a sign of a high-quality business, return on capital employed of 31.35%, an operating margin of 39.89%, a net profit margin of 38.85%.

In its most recent fiscal year, Broadcom Inc. reported annual revenue of $63.9B, net profit of $23.1B, revenue has compounded at 21.7% a year over the last five years, profit at 50.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.74, a current ratio of 1.71, total assets of $171.1B, $16.2B in cash and equivalents.

AVGO has an average daily trading volume of 25,720,000 shares, a beta of 1.43 (more volatile than the overall market).

Official website: www.broadcom.com