ALAB vs QCOM vs MRVL Stock Comparison

Astera Labs, Qualcomm and Marvell Technology Prices as of Oct 23, 2026 Peers: Industry group
ALAB Astera Labs, Inc.
$257.16 -28.7% 1M +57.1% 1Y
Market cap
$44.74B
P/E
121.1x
Revenue (TTM)
$1.20B
Div. yield
–
Semiconductor Design Technology
2 wins
QCOM Qualcomm Inc/De
$175.91 -10.8% 1M +3.5% 1Y
Market cap
$189.99B
P/E
20.5x
Revenue (TTM)
$44.07B
Div. yield
0.02%
Semiconductor Design Technology
6 wins
MRVL Marvell Technology, Inc.
$228.51 -12.4% 1M +176.1% 1Y
Market cap
$209.82B
P/E
79.5x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
3 wins

Head to Head

11 decided of 12

Qualcomm leads on 6 of the 12 questions below (Qualcomm 6, Marvell Technology 3, Astera Labs 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALABQCOMMRVLLeader
Larger companyMarket capitalisation $44.74B $189.99B $209.82B MRVL
Cheaper on earningsLower P/E, profitable companies only 121.1x 20.5x 79.5x QCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 68.9x 16.3x 55.5x QCOM
Faster revenue growthRevenue growth, trailing twelve months +98.5% +1.9% +30.6% ALAB
More profitableNet margin, trailing twelve months 30.7% 21.0% 27.9% ALAB
Better return on capitalReturn on invested capital — 29.1% 5.8% QCOM
Less leveragedLower net debt / EBITDA — -0.5x 0.4x QCOM
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +57.1% +3.5% +176.1% MRVL
Better 5-year returnAnnualised price return, 5 years — +6.0%/yr +28.1%/yr MRVL
Less volatileAnnualised volatility, 1 year 98.4% 54.0% 79.1% QCOM
Higher overall scoreMean of the five percentile scores vs peers 61/100 65/100 50/100 QCOM

Percentile Scorecard

ALABQCOMMRVL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALABQCOMMRVL
Valuation 9 #87 of 95 81 #19 of 95 26 #71 of 95
Growth 91 #9 of 93 34 #62 of 93 90 #10 of 93
Profitability 79 #20 of 91 88 #12 of 91 60 #37 of 91
Financial Health 92 #9 of 102 43 #59 of 102 50 #52 of 102
Shareholder Returns 35 #50 of 76 80 #16 of 76 25 #57 of 76
Overall 61 65 50
  • ALAB ranked among 104 companies in Semiconductors
  • QCOM ranked among 104 companies in Semiconductors
  • MRVL ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALABQCOMMRVLSPY
1 month -28.7%-10.8%-12.4% -1.0%
3 months -11.8%+5.4%+17.6% +2.9%
6 months +20.8%+18.2%+39.1% +6.4%
Year to date +54.6%+2.8%+168.9% +11.4%
1 year +57.1%+3.5%+176.1% +13.1%
3 years —+60.8%+361.7% +79.4%
3 years, per year —+17.2%+66.6% +21.5%
5 years —+33.6%+244.6% +67.7%
5 years, per year —+6.0%+28.1% +10.9%
10 years —+159.0%+1,671.4% +255.2%
10 years, per year —+10.0%+33.3% +13.5%

Risk

MeasureALABQCOMMRVLSPY
Volatility, 1Y 98.4%54.0%79.1% 12.7%
Downside volatility, 1Y 100.9%52.3%74.9% 12.7%
Beta vs S&P 500, 1Y 3.882.113.23 1.00
Return / volatility, 1Y 0.580.062.23 1.03
Max drawdown, 5Y -63.7%-45.6%-62.1% -25.4%
From 52-week high -46.8%-29.9%-27.8% -2.5%
52-week high $483.02$251.02$316.43 $779.14
52-week low $100.27$124.07$73.73 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALABQCOMMRVL
P/E now vs peer median 120.0xmedian 41.5x 20.1xmedian 41.5x 77.7xmedian 41.5x
P/S now vs peer median 37.1xmedian 6.9x 4.2xmedian 6.9x 21.2xmedian 6.9x
EV/EBITDA now vs peer median 151.9xmedian 27.3x 15.3xmedian 27.3x 71.4xmedian 27.3x
P/FCF now vs peer median 161.2xmedian 35.6x 17.9xmedian 35.6x 115.8xmedian 35.6x
P/B now vs peer median 25.9xmedian 4.2x 6.7xmedian 4.2x 10.8xmedian 4.2x
PEG now vs peer median —median 2.31 4.83median 2.31 0.75median 2.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALABQCOMMRVL
Revenue $1.20B $44.07B $9.45B
Gross profit $903.00M $23.90B $4.93B
Operating income $273.45M $10.22B $1.56B
Net income $369.49M $9.26B $2.64B
Free cash flow $276.68M $10.42B $1.73B
R&D $434.25M $9.89B $2.44B
EPS (diluted) $2.02 $8.66 $2.87
Cash & equivalents $111.45M $4.53B $3.93B
Total debt – $2.49B $4.96B
Shares (diluted) 183.34M 1.07B 921.20M
Enterprise value $39.98B $149.91B $196.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALABQCOMMRVL
P/E 120.0x 20.1x 77.7x
P/FCF 161.2x 17.9x 115.8x
P/Operating cash flow 132.9x 15.0x 91.1x
P/S 37.1x 4.2x 21.2x
P/B 25.9x 6.7x 10.8x
P/Tangible book 25.9x 7.1x 12.4x
EV/EBITDA 151.9x 15.3x 71.4x
EV/EBIT 158.6x 17.6x 129.0x
EV/Revenue 36.1x 4.1x 21.3x
EV/FCF 156.7x 17.3x 116.4x
EV/Operating cash flow 129.2x 14.5x 91.5x
PEG (3Y EPS CAGR) – 4.83 0.75

Growth

14 metrics
MetricALABQCOMMRVL
Revenue growth (1Y) 98.5% 1.9% 30.6%
Revenue CAGR (3Y) – 4.5% 18.9%
Gross profit growth (1Y) 97.5% -0.8% 52.8%
Gross profit CAGR (3Y) – 3.2% 25.0%
Operating income growth (1Y) 546.3% -15.0% 1,577%
Operating income CAGR (3Y) – 0.6% 100.2%
Net income growth (1Y) 268.9% -20.0% 2,653%
Net income CAGR (3Y) – 2.4% 107.8%
EPS growth (1Y) 258.4% -17.8% 2,512%
EPS CAGR (3Y) – 4.2% 104.2%
Operating cash flow growth (1Y) 34.8% -2.1% 19.3%
Operating cash flow CAGR (3Y) – 12.7% 26.6%
Free cash flow growth (1Y) 31.5% -10.4% 12.8%
Free cash flow CAGR (3Y) – 14.9% 30.6%

Profitability

14 metrics
MetricALABQCOMMRVL
Gross margin 75.1% 54.2% 52.2%
EBITDA margin 23.7% 26.8% 29.9%
Operating margin 22.8% 23.2% 16.5%
Pretax margin 26.8% 25.4% 32.4%
Net margin 30.7% 21.0% 27.9%
FCF margin 23.0% 23.6% 18.3%
Operating cash flow margin 27.9% 28.1% 23.3%
Return on equity 23.0% 33.7% 14.4%
Return on assets 20.6% 16.2% 9.7%
Return on invested capital – 29.1% 5.8%
Return on capital employed 16.8% 22.3% 6.3%
Asset turnover 0.7x 0.8x 0.3x
Cash conversion (OCF / net income) 0.9x 1.3x 0.8x
Stock comp / revenue 16.2% 7.4% 8.8%

Financial Health

11 metrics
MetricALABQCOMMRVL
Debt / assets – 4.3% 18.0%
Debt / equity – 0.1x 0.3x
Net debt / EBITDA – -0.5x 0.4x
Debt / FCF – 0.2x 2.9x
Liabilities / assets 10.7% 51.8% 32.7%
Equity / assets 89.3% 48.2% 67.3%
Interest coverage – 14.8x 7.2x
Current ratio 10.1x 2.0x 3.2x
Quick ratio 8.8x 1.1x 2.5x
Cash ratio 7.6x 0.7x 1.6x
Altman Z-score 132.26 6.02 14.17

Shareholder Returns

7 metrics
MetricALABQCOMMRVL
Dividend yield – 2.1% 0.1%
Net buyback yield 0.0% 4.7% -0.1%
Shareholder yield 0.0% 6.8% 0.0%
Payout ratio (earnings) – 41.3% –
Payout ratio (FCF) – 36.7% –
Dividend growth (1Y) – 0.8% –
Dividend CAGR (3Y) – 3.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALABQCOMMRVL
Forward P/E 68.9xFY2026 16.3xFY2026 55.5xFY2026
EPS, next fiscal year $3.73FY2026 $10.79FY2026 $4.12FY2026
EPS growth, next FY +102.7%FY2026 -10.3%FY2026 +45.1%FY2026
EPS growth, the year after +64.9% -2.9% +83.5%
Revenue, next fiscal year $2.01BFY2026 $45.55BFY2026 $11.42BFY2026
Revenue growth, next FY +135.3%FY2026 +3.2%FY2026 +39.5%FY2026
Revenue growth, the year after +46.5% -5.0% +80.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALABQCOMMRVL
Held by institutions 73.6% 79.7% 78.7%
Institutions holding 986 3,029 2,214
Change in shares held, QoQ +5.8% +2.8% +0.1%
Institutions buying 660 1,416 1,430
Institutions selling 253 1,332 646
Buyers to sellers 2.61 1.06 2.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALABQCOMMRVL
ALAB 1.00 0.32 0.61
QCOM 0.32 1.00 0.44
MRVL 0.61 0.44 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, ALAB, QCOM and MRVL?

Marvell Technology (MRVL) is the largest by market capitalisation: Astera Labs (ALAB) $44.74B, Qualcomm (QCOM) $189.99B, Marvell Technology (MRVL) $209.82B.

Which stock is cheaper, ALAB, QCOM and MRVL?

Qualcomm (QCOM) trades on the lowest price-to-earnings ratio (Astera Labs (ALAB) 121.1x, Qualcomm (QCOM) 20.5x, Marvell Technology (MRVL) 79.5x). On next year's consensus earnings, Qualcomm (QCOM) is cheapest (Astera Labs (ALAB) 68.9x, Qualcomm (QCOM) 16.3x, Marvell Technology (MRVL) 55.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Astera Labs (ALAB) grew revenue fastest over the trailing twelve months: Astera Labs (ALAB) +98.5%, Qualcomm (QCOM) +1.9%, Marvell Technology (MRVL) +30.6%.

Which company is more profitable?

Astera Labs (ALAB) has the highest net margin (Astera Labs (ALAB) 30.7%, Qualcomm (QCOM) 21.0%, Marvell Technology (MRVL) 27.9%). On return on invested capital, Qualcomm (QCOM) leads (Qualcomm (QCOM) 29.1%, Marvell Technology (MRVL) 5.8%).

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Astera Labs (ALAB) +57.1%, Qualcomm (QCOM) +3.5%, Marvell Technology (MRVL) +176.1%. Over five years, Marvell Technology (MRVL) compounded fastest (Qualcomm (QCOM) +6.0%/yr, Marvell Technology (MRVL) +28.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Astera Labs (ALAB) 0.00%, Qualcomm (QCOM) 0.02%, Marvell Technology (MRVL) 0.00%. Astera Labs (ALAB) and Marvell Technology (MRVL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Qualcomm (QCOM) has been the steadiest (Astera Labs (ALAB) 98.4%, Qualcomm (QCOM) 54.0%, Marvell Technology (MRVL) 79.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALAB, QCOM and MRVL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Qualcomm (QCOM) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.