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 2026-07-17.
Marvell Technology, Inc. · Technology
$310.58
-18.5% upside to fair value
Grade D
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$409.74
+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
(38.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MRVL |
TSM |
| Current Price |
$310.58 |
$409.74 |
| Fair Value Estimate |
$253.23 |
$594.12 |
| Upside to Fair Value |
-18.5%
|
+45.0%
|
| Market Cap |
$271.7B |
$2,125.1B |
| Forward P/E |
105.7x
|
38.8x
|
| EV / EBITDA |
59.1x
|
17.6x
|
| Price / Sales |
31.2x
|
14.5x
|
| Price / FCF |
163.2x
|
58.4x
|
| Revenue Growth YoY |
+27.6%
|
+36.0%
|
| Gross Margin |
50.6%
|
61.9%
|
| Operating Margin |
16.2%
|
53.2%
|
| Return on Equity |
16.8%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
0.61%
|
1.71%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
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 …
Taiwan Semiconductor Manufacturing Company Limited (TSM) is a leading semiconductor foundry specializing in advanced chip manufacturing technologies. The company exhibits high business quality with a durable competitive moat driven by cost advantages, intangible assets, and strong brand recognition. It demonstrates robust profitability with a net margin of 47.0% and a return on equity of 36.9%. R…
Accumulation Zones
| Metric |
MRVL |
TSM |
| Zone Low |
$189.92 |
$445.59 |
| Zone High |
$215.25 |
$505.00 |
| In Buy Zone? |
No
|
Yes
|