AVGO — Broadcom Inc. $377.75

Generated 2026-06-30 21:49
USAIND

Quality Scorecard Growth

A92/100
✅ Pricing power (gross margin) 76% Gross margin 76% — wide margins, likely pricing power
✅ Return on equity 37% ROE 37% — high returns on capital
✅ Leverage (net debt / EBITDA) 1.1x Net debt / EBITDA 1.1x — low leverage
✅ Interest coverage 8x EBIT covers interest 8x — comfortably covered
✅ Earnings consistency (revenue) 0/3 down 0 revenue-down year(s) in 3 — no down years
✅ Earnings growth (net income YoY) +292% Net income +292% YoY — earnings growing
✅ Cash conversion (CFO/NI) 119% Operating cash ÷ net income 119% — earnings convert to cash
✅ Operating margin trend improving Operating margin improving
✅ Revenue growth 48% Revenue +48% — strong demand growth
🟡 Growth trajectory holding steady YoY +24% vs +26% prior 2-yr avg — holding steady
🟡 Dilution control +1.5%/yr Shares +1.5% YoY — some dilution
✅ Rule of 40 90 growth 48% + FCF margin 42% = 90 — healthy growth + profitability

Growth-stage checklist (proxy metrics from yfinance). 12 of 12 criteria scored. Not financial advice.

Buy-Now Score

84/100
Quality ×40%92
Trajectory ×30%92
Valuation ×30%66

Comparative rank: 40% Quality + 30% Trajectory + 30% Valuation — higher = better buy now. Not financial advice.

Valuation

$94.36$576.10
Price $377.75DCF $104.84 (-72%)Analyst $523.73 (+39%)MarketGist fair $439.95 (+16%)

DCF: 24% start growth → 2.5%, 11.7% discount (band $87.06–$138.02). Analyst: 45 analysts. MarketGist fair = 80% analyst + 20% DCF. Not financial advice.

Key Trends (6-yr)

GAAP EPS
▲ +287.8% YoY
Sales
▲ +23.9% YoY
Shares Outstanding
▲ +1.6% YoY

Company Overview

Basic Information

Company Name: Broadcom Inc.
Symbol: AVGO
Exchange: NMS
Sector: Technology
Industry: Semiconductors

Company Details

Country: United States
City: Palo Alto
Employees: 33,000
Market Cap: $1.80T
Website: https://www.broadcom.com

Business Description

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.

Key Metrics

Price & Valuation

Current Price
$377.75
Market Cap
$1.80T
P/E Ratio
62.96
Forward P/E
19.48
PEG Ratio
0.66
Price to Book
20.50

Profitability

Profit Margin: 38.85%
Operating Margin: 48.99%
Gross Margin: 76.28%
Return on Equity (ROE): 37.28%
Return on Assets (ROA): 12.12%
Revenue Growth: 47.90%

Financial Health

Current Ratio: 2.24
Quick Ratio: 1.93
Debt to Equity: 74.02
Total Debt: $64.91B
Total Cash: $19.63B
Beta: 1.43

Trading & Analyst Info

52-Week Range

52-Week High: $495.00
52-Week Low: $262.66
50-Day Average: $411.44
200-Day Average: $361.33

Analyst Recommendations

Recommendation: STRONG_BUY
Target Mean Price: $523.73
Target High: $650.00
Target Low: $215.88

Price graph

Price vs Rates, Inflation & Volume (long-term)

Dotted = market-implied expectation (next ~12 mo), not a prediction.

Quarterly Verdict

🟢 100/100

Worth buying

Quality grade A; 6 improving / 1 weakening metrics YoY.

➕ Pricing power (gross margin): Gross margin 76% — wide margins, likely pricing power
➕ Return on equity: ROE 37% — high returns on capital
➕ Leverage (net debt / EBITDA): Net debt / EBITDA 1.1x — low leverage
➕ Interest coverage: EBIT covers interest 8x — comfortably covered
➕ Earnings consistency (revenue): 0 revenue-down year(s) in 3 — no down years
➕ Earnings growth (net income YoY): Net income +292% YoY — earnings growing
➕ Cash conversion (CFO/NI): Operating cash ÷ net income 119% — earnings convert to cash
➕ Operating margin trend: Operating margin improving
➕ Revenue growth: Revenue +48% — strong demand growth
➕ Rule of 40: growth 48% + FCF margin 42% = 90 — healthy growth + profitability
➕ Revenue +47.9% YoY
➕ Net income +87.5% YoY
➕ Operating margin +9.5 pts YoY
➕ Free cash flow +60.1% YoY
➕ Cash +107.2% YoY
➕ Debt -3.5% YoY
➖ Shares outstanding +1.2% YoY

Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.

Financial Statements

Income Statement (Annual)

Item2025-10-312024-10-312023-10-312022-10-312021-10-31
Tax Effect Of Unusual Items$-127.68M$-584.01M$-15.61M$-16.95MN/A
Tax Rate For Calcs$0.21$0.38$0.07$0.07N/A
Normalized EBITDA$35.32B$25.42B$20.79B$19.38BN/A
Total Unusual Items$-608.00M$-1.54B$-233.00M$-226.00MN/A
Total Unusual Items Excluding Goodwill$-608.00M$-1.54B$-233.00M$-226.00MN/A
Net Income From Continuing Operation Net Minority Interest$23.13B$6.17B$14.08B$11.49BN/A
Reconciled Depreciation$8.78B$10.01B$3.83B$4.98BN/A
Reconciled Cost Of Revenue$13.85B$12.30B$8.69B$7.64BN/A
EBITDA$34.71B$23.88B$20.55B$19.16BN/A
EBIT$25.94B$13.87B$16.72B$14.17BN/A
Net Interest Income$-2.86B$-3.49B$-1.09B$-1.64BN/A
Interest Expense$3.21B$3.95B$1.62B$1.74BN/A
Interest Income$347.00M$461.00M$535.00M$100.00MN/A
Normalized Income$23.61B$7.13B$14.30B$11.70BN/A
Net Income From Continuing And Discontinued Operation$23.13B$5.89B$14.08B$11.49BN/A

Showing 15 of 50 rows

Balance Sheet (Annual)

Item2025-10-312024-10-312023-10-312022-10-312021-10-31
Treasury Shares NumberN/AN/A$0.00N/AN/A
Preferred Shares NumberN/AN/AN/AN/A$4.00M
Ordinary Shares Number$4.74B$4.69B$4.14B$4.18BN/A
Share Issued$4.74B$4.69B$4.14B$4.18BN/A
Net Debt$48.96B$58.18B$24.99B$27.04BN/A
Total Debt$65.14B$67.57B$39.23B$39.52BN/A
Tangible Book Value$-48.78B$-70.78B$-23.53B$-28.02BN/A
Invested Capital$146.43B$135.21B$63.17B$62.16BN/A
Working Capital$13.06B$2.90B$13.44B$11.45BN/A
Net Tangible Assets$-48.78B$-70.78B$-23.53B$-28.02BN/A
Capital Lease Obligations$0.00$39.00M$49.00M$59.00MN/A
Common Stock Equity$81.29B$67.68B$23.99B$22.71BN/A
Preferred Stock EquityN/AN/AN/AN/A$27.00M
Total Capitalization$143.28B$133.96B$61.60B$61.76BN/A
Total Equity Gross Minority Interest$81.29B$67.68B$23.99B$22.71BN/A

Showing 15 of 76 rows

Cash Flow Statement (Annual)

Item2025-10-312024-10-312023-10-312022-10-312021-10-31
Free Cash Flow$26.91B$19.41B$17.63B$16.31BN/A
Repurchase Of Capital Stock$-6.31B$-12.39B$-7.68B$-8.46BN/A
Repayment Of Debt$-18.48B$-19.61B$-403.00M$-2.36BN/A
Issuance Of Debt$15.67B$39.95B$0.00$1.94BN/A
Issuance Of Capital Stock$221.00M$190.00M$122.00M$114.00MN/A
Capital Expenditure$-623.00M$-548.00M$-452.00M$-424.00MN/A
Interest Paid Supplemental Data$2.67B$3.25B$1.50B$1.39BN/A
Income Tax Paid Supplemental Data$2.59B$3.15B$1.78B$908.00MN/A
End Cash Position$16.18B$9.35B$14.19B$12.42BN/A
Beginning Cash Position$9.35B$14.19B$12.42B$12.16BN/A
Changes In Cash$6.83B$-4.84B$1.77B$253.00MN/A
Financing Cash Flow$-20.13B$-1.73B$-15.62B$-15.82BN/A
Cash Flow From Continuing Financing Activities$-20.13B$-1.73B$-15.62B$-15.82BN/A
Net Other Financing Charges$-84.00M$-63.00M$-12.00M$-17.00MN/A
Cash Dividends Paid$-11.14B$-9.81B$-7.64B$-7.03BN/A

Showing 15 of 58 rows

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