Marvell Technology, Inc. (MRVL) vs QUALCOMM Incorporated (QCOM)

Marvell Technology, Inc. and QUALCOMM Incorporated are both Semiconductors companies. Marvell Technology, Inc. is the larger, with a market value of $232.1B against $205.7B — 1.1× the size. QUALCOMM Incorporated trades at the lower P/E: 23.1× against 85.3×. Marvell Technology, Inc. grew revenue faster over the last twelve months: 30.6% against 1.87%. Marvell Technology, Inc. has the higher net margin (27.9% vs 21.0%) and the lower return on invested capital (4.99% vs 18.5%). Both pay a dividend; QUALCOMM Incorporated yields more (2.25% vs 0.34%). Across the 23 metrics below, QUALCOMM Incorporated leads on 17 and Marvell Technology, Inc. on 6.

Valuation

Metric MRVL QCOM Semiconductors median
P/E 85.32 23.14 49.41
P/S 24.87 4.84 8.58
P/B 12.68 7.72 5.49
Price to free cash flow 136.44 20.47 47.02
EV/EBITDA 83.82 18.67 30.78
EV/Sales 25.04 5.00 8.79
Earnings yield 1.17% 4.32% 0.62%
Free cash flow yield 0.73% 4.89% 0.59%

Profitability

Metric MRVL QCOM Semiconductors median
Gross margin 52.21% 54.23% 52.25%
Operating margin 16.52% 23.19% 4.85%
Net margin 27.93% 21.01% 4.77%
Free cash flow margin 18.23% 23.67% 8.65%
Return on equity 16.52% 33.75% 3.11%
Return on assets 10.97% 16.50% 1.91%
Return on invested capital 4.99% 18.45% 2.46%

Growth

Metric MRVL QCOM Semiconductors median
Revenue growth (TTM) 30.62% 1.87% 16.66%
EPS growth (last fiscal year) 400.98% (44.15%) —
Revenue growth, 5-year CAGR 22.51% 13.48% 5.60%
Net income growth, 5-year CAGR 0.00% 1.29% 0.00%

Health

Metric MRVL QCOM Semiconductors median
Debt to equity 0.27 0.55 0.05
Current ratio 3.17 2.02 3.35
Net debt to EBITDA 0.70 0.17 0.58

Dividend

Metric MRVL QCOM Semiconductors median
Dividend yield 0.34% 2.25% 1.93%
Payout ratio — 0.40 0.00

Size

Metric MRVL QCOM Semiconductors median
Market cap 232.09b 205.71b 5.67b

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