MRVL vs TSM: Which Is the Better Buy?
Side-by-side comparison of Marvell Technology, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
Marvell Technology, Inc. · Technology
$258.95
-11.4% upside to fair value
Med Conviction
Grade C
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$452.00
+13.9% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
TSM has more upside to fair value
(+13.9%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
MRVL |
TSM |
| Current Price |
$258.95 |
$452.00 |
| Fair Value Estimate |
$229.46 |
$515.00 |
| Upside to Fair Value |
-11.4%
|
+13.9%
|
| Market Cap |
$226.8B |
$2,344.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
48.0x
|
19.2x
|
| Price / Sales |
24.0x
|
0.5x
|
| Price / FCF |
134.3x
|
2.1x
|
| Revenue Growth YoY |
+36.5%
|
+36.0%
|
| Gross Margin |
51.4%
|
64.2%
|
| Operating Margin |
16.7%
|
56.0%
|
| Return on Equity |
16.2%
|
39.3%
|
| Dividend Yield |
0.09% |
0.96% |
| FCF Yield |
0.74%
|
47.62%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Marvell Technology is a data infrastructure semiconductor specialist that designs custom AI accelerators, electro-optics DSPs, ethernet switching, storage controllers and interconnect silicon for hyperscale data centers, communications and carrier markets, employing roughly 7,480 people under CEO Matthew J. Murphy. Business quality is genuinely high on the demand side: revenue grew 36.5% year ove…
Taiwan Semiconductor Manufacturing Company is the world's largest contract chipmaker, manufacturing advanced logic, mixed-signal, RF, and embedded memory wafers for high-performance computing, smartphones, IoT, and automotive customers from a base of 65,152 employees headquartered in Hsinchu, Taiwan. The business quality is exceptionally high: TTM gross margin is 64.2%, TTM operating margin is 56…
Accumulation Zones
| Metric |
MRVL |
TSM |
| Zone Low |
$172.09 |
$386.25 |
| Zone High |
$195.04 |
$437.75 |
| In Buy Zone? |
No
|
No
|