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

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 August 23, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMRVL vs SAP

growth of $100 · dividends reinvested · last 10y
MRVL +1978.9% (+35.5%/yr)SAP +192.4% (+11.3%/yr)MRVL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$2,079$292
MRVL SAP

MRVL vs SAP: by the numbers

  • SAP is the larger company ($254.81B vs $207.59B market cap).
  • SAP trades at the lower trailing earnings multiple (27.67 vs 81.50 P/E), one valuation lens rather than an overall verdict.
  • MRVL converts more revenue to profit (28.99% vs 20.40% net margin).
  • MRVL grew revenue faster over the past five years (22.90% vs 6.60% CAGR).
  • SAP pays the higher dividend yield (1.34% vs 0.10%).

Metrics side by side

Valuation

MetricMRVLSAP
P/E ratio81.5027.67
Forward P/E83.3330.85
P/S ratio24.295.71
P/B ratio11.624.96
EV / EBITDA79.1618.91
FCF yield0.79%3.97%

Profitability

MetricMRVLSAP
Gross margin50.64%72.75%
Operating margin16.20%26.78%
Net margin28.99%20.40%
ROE13.87%17.70%
ROIC4.96%13.02%

Dividends

MetricMRVLSAP
Dividend yield0.10%1.34%
Payout ratio7.74%41.45%

Growth (annualized)

MetricMRVLSAP
Revenue CAGR (5Y)22.90%6.60%
EPS CAGR (5Y)4.50%5.95%
FCF CAGR (5Y)26.05%5.34%
Total return CAGR (5Y)32.16%9.93%

Frequently asked

Which has the lower trailing P/E, MRVL or SAP?
SAP has the lower trailing P/E: MRVL trades at 81.50 and SAP at 27.67. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 6.60%.
Does MRVL or SAP pay a bigger dividend?
MRVL yields 0.10% and SAP yields 1.34% 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 20.40%.
How have MRVL and SAP total returns compared?
Over the past 10 years, MRVL delivered 35.57% and SAP delivered 11.21% annualized total return. 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 August 23, 2026.