Marvell Technology, Inc. (MRVL) vs SAP SE (SAP)

SAP leads on 13 of 17 compared metrics.

A side-by-side comparison of Marvell Technology, Inc. and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 7, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — MRVL vs SAP

growth of $100 · last 26y
MRVL +1660.4%SAP +223.4%MRVL compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020052010201520202025$1,760$323
MRVL SAP

MRVL vs SAP: by the numbers

  • MRVL is the larger company ($200.67B vs $191.31B market cap).
  • SAP trades at the lower earnings multiple (21.53 vs 85.70 P/E).
  • MRVL converts more revenue to profit (28.99% vs 19.58% net margin).
  • MRVL grew revenue faster over the past five years (22.90% vs 6.51% CAGR).
  • SAP pays the higher dividend yield (1.83% vs 0.10%).

Which is better, MRVL or SAP?

Metric tally: MRVL 4 · SAP 13

It depends on what you're optimizing for:

ValueSAP(lower P/E)
GrowthMRVL(faster 5Y revenue CAGR)
IncomeSAP(higher dividend yield)
QualitySAP(higher ROIC)

Metrics side by side

Valuation

MetricMRVLSAP
P/E ratio85.7021.53
Forward P/E87.6321.80
P/S ratio25.544.29
P/B ratio12.223.62
PEG ratio19.040.27
EV / EBITDA83.2113.32
FCF yield0.75%5.02%

Profitability

MetricMRVLSAP
Gross margin50.64%72.79%
Operating margin16.20%26.87%
Net margin28.99%19.58%
ROE13.87%16.51%
ROIC5.98%12.45%

Dividends

MetricMRVLSAP
Dividend yield0.10%1.83%
Payout ratio7.74%41.45%

Growth (annualized)

MetricMRVLSAP
Revenue CAGR (5Y)22.90%6.51%
EPS CAGR (5Y)4.50%5.95%
FCF CAGR (5Y)26.05%3.62%
Total return CAGR (5Y)34.62%3.88%

Frequently asked

Which is better, MRVL or SAP?
It depends on your goal. value: SAP (lower P/E); growth: MRVL (faster 5Y revenue CAGR); income: SAP (higher dividend yield); quality: SAP (higher ROIC). Across all compared metrics, SAP leads 13 to 4.
Is MRVL or SAP cheaper?
On trailing earnings, SAP is cheaper: MRVL trades at a 85.70 P/E and SAP at 21.53.
Which has grown faster, MRVL or SAP?
Over the past five years, MRVL grew revenue faster — MRVL at a 22.90% CAGR versus SAP at 6.51%.
Does MRVL or SAP pay a bigger dividend?
MRVL yields 0.10% and SAP yields 1.83% based on trailing dividends and the latest price.
Is MRVL or SAP more profitable?
MRVL runs the higher net margin — MRVL at 28.99% versus SAP at 19.58%.
Which has been the better investment, MRVL or SAP?
Over the past 10-year, MRVL delivered the higher annualized total return — MRVL at 39.75% versus SAP at 9.92%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 7, 2026.