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 2026-04-20.
Marvell Technology, Inc. · Technology
$133.37
+23.0% upside to fair value
High Conviction
Grade B
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$366.24
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
TSM has more upside to fair value
(+45.0%).
TSM trades at a lower forward P/E
(27.2x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MRVL |
TSM |
| Current Price |
$133.37 |
$366.24 |
| Fair Value Estimate |
$164.02 |
$531.05 |
| Upside to Fair Value |
+23.0%
|
+45.0%
|
| Market Cap |
$116.6B |
$1,899.5B |
| Forward P/E |
42.4x
|
27.2x
|
| EV / EBITDA |
—
|
17.3x
|
| Price / Sales |
14.2x
|
12.8x
|
| Price / FCF |
83.7x
|
51.6x
|
| Revenue Growth YoY |
+7.0%
|
+36.5%
|
| Gross Margin |
50.1%
|
61.9%
|
| Operating Margin |
16.3%
|
53.2%
|
| Return on Equity |
19.4%
|
36.9%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
1.2%
|
1.94%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Marvell Technology designs semiconductors for data infrastructure, including storage, networking, connectivity for AI, cloud, 5G, and automotive; the business excels with a dominant Data Center segment driving 42% FY2026 revenue growth to $8.2B amid AI demand, strong leadership under long-tenured CEO Matt Murphy, and robust 50% gross margins, though offset by earnings decline and non-Data Center …
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world's leading pure-play semiconductor foundry, commanding approximately 60% of the global advanced node foundry market. The company benefits from a durable competitive moat driven by its pioneering foundry model, massive scale, advanced manufacturing capabilities, and strong customer relationships with major technology firms. TSMC…
Accumulation Zones
| Metric |
MRVL |
TSM |
| Zone Low |
$123.02 |
$398.29 |
| Zone High |
$139.42 |
$451.39 |
| In Buy Zone? |
Yes
|
Yes
|