AMAT vs MRVL: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Marvell Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-06.
Applied Materials, Inc. · Technology
$603.04
-45.0% upside to fair value
Grade C
High Quality
VS
Marvell Technology, Inc. · Technology
$310.58
-18.5% upside to fair value
Grade D
QuantHub Verdict
MRVL has more upside to fair value
(-18.5%).
AMAT trades at a lower forward P/E
(56.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
MRVL |
| Current Price |
$603.04 |
$310.58 |
| Fair Value Estimate |
$331.67 |
$253.23 |
| Upside to Fair Value |
-45.0%
|
-18.5%
|
| Market Cap |
$478.8B |
$271.7B |
| Forward P/E |
56.4x
|
105.7x
|
| EV / EBITDA |
43.0x
|
59.1x
|
| Price / Sales |
16.5x
|
31.2x
|
| Price / FCF |
80.3x
|
163.2x
|
| Revenue Growth YoY |
+11.4%
|
+27.6%
|
| Gross Margin |
49.0%
|
50.6%
|
| Operating Margin |
29.5%
|
16.2%
|
| Return on Equity |
39.8%
|
16.8%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.25%
|
0.61%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Applied Materials, Inc. is a leading semiconductor equipment company with a strong competitive moat in multiple wafer fab equipment segments, driven by its scale, infrastructure, and technology leadership in AI-critical process steps. The company benefits from a seasoned management team led by CEO Gary Dickerson, who has over 12 years at the helm and a track record of strong revenue and profitabi…
Marvell Technology, Inc. designs and supplies semiconductor solutions primarily focused on data infrastructure markets including cloud, AI, carrier 5G, and custom silicon. The company benefits from a narrow but widening moat driven by strong IP and hyperscaler relationships, led by an experienced CEO with a track record of transformational M&A. Despite strong revenue growth of 42% year-over-year …
Accumulation Zones
| Metric |
AMAT |
MRVL |
| Zone Low |
$248.75 |
$189.92 |
| Zone High |
$281.92 |
$215.25 |
| In Buy Zone? |
No
|
No
|