ASE Technology (ASX) vs Marvell Technology (MRVL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
ASE Technology (ASX) has outperformed Marvell Technology (MRVL) over the past year, gaining 281.6% versus a gain of 196.9%. Over five years, ASX leads with a +557.8% price change compared with +318.4% for MRVL. Marvell Technology is the larger company by market cap ($246.84 billion vs $99.52 billion), about 2.5 times the size.
On valuation, ASE Technology trades at a lower forward P/E (23.2x vs 37.7x for Marvell Technology). Marvell Technology pays a dividend yielding 0.09%, while ASE Technology does not currently pay one. Marvell Technology converts more of its revenue into profit, with a net margin of 32.6% versus 6.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ASX | MRVL |
|---|---|---|
| Share price | $45.26 | $274.66 |
| Market cap | $99.52B | $246.84B |
| 1-day change | -1.09% | -3.52% |
| YTD return | +181.12% | +223.21% |
| 1-year return | +281.62% | +196.93% |
| 5-year return | +557.85% | +318.37% |
| P/E ratio (TTM) | 53.88 | 90.35 |
| Forward P/E | 23.17 | 37.71 |
| EPS (TTM) | $0.84 | $3.04 |
| Dividend yield | 0.92% | 0.09% |
| Annual dividend | $0.00 | $0.24 |
| Revenue (latest FY) | $20.57B | $8.19B |
| Revenue growth (YoY) | +13.30% | +42.09% |
| Net income (latest FY) | $1.28B | $2.67B |
| Gross margin | 17.69% | 51.02% |
| Operating margin | 7.97% | 16.14% |
| Net margin | 6.20% | 32.58% |
| 52-week high | $47.93 | $329.88 |
| 52-week low | $11.07 | $70.69 |
| Distance from 52-week high | -5.57% | -16.74% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +12.68% | +20.21% |
| Average volume | 7.40M | 22.40M |
| Shares outstanding | 2.20B | 876.93M |
| Employees | 114,179 | 7,480 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Marvell Technology is about 2.5 times larger than ASE Technology by market value ($246.84B vs $99.52B).
- ASX has outperformed MRVL by 84.7 percentage points over the past year.
- Marvell Technology trades at a higher earnings multiple (90.3x vs 53.9x trailing P/E).
- Marvell Technology is more profitable, keeping 32.6 cents of every revenue dollar as net income versus 6.2 cents for ASE Technology.
- Marvell Technology grew revenue faster in its latest fiscal year (+42.09% vs +13.30%).
About ASE Technology
ASX stock →ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS.
Technology · Semiconductors · 114,179 employees
About Marvell Technology
MRVL stock →Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.
Technology · Semiconductors · 7,480 employees
ASX vs MRVL FAQ
Which is bigger, ASE Technology or Marvell Technology?
Marvell Technology (MRVL) is larger, with a market capitalization of $246.84B compared with $99.52B for ASE Technology (ASX).
Which stock has performed better over the past year, ASX or MRVL?
ASX returned +281.62% over the past 12 months, compared with +196.93% for MRVL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ASX or MRVL?
ASX has the lower trailing P/E at 53.9, versus 90.3 for MRVL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ASE Technology or Marvell Technology?
ASE Technology has the higher yield at 0.92%, compared with 0.09% for Marvell Technology.
Are ASE Technology and Marvell Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.