ICG vs MRVL Stock Comparison

Intchains and Marvell Technology Prices as of Oct 26, 2026 Peers: Industry group
ICG Intchains Group Ltd
$1.43 +62.5% 1M +1.4% 1Y
Market cap
$83.43M
P/E
–
Revenue (TTM)
—
Div. yield
–
Semiconductor Design Technology
MRVL Marvell Technology, Inc.
$233.78 -10.7% 1M +177.9% 1Y
Market cap
$217.14B
P/E
82.3x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
3 wins

Head to Head

3 decided of 12

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

QuestionICGMRVLLeader
Larger companyMarket capitalisation $83.43M $217.14B MRVL
Cheaper on earningsLower P/E, profitable companies only — 82.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 56.7x –
Faster revenue growthRevenue growth, trailing twelve months — +30.6% –
More profitableNet margin, trailing twelve months — 27.9% –
Better return on capitalReturn on invested capital — 5.8% –
Less leveragedLower net debt / EBITDA — 0.4x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +1.4% +177.9% MRVL
Better 5-year returnAnnualised price return, 5 years — +28.1%/yr –
Less volatileAnnualised volatility, 1 year 98.7% 79.1% MRVL
Higher overall scoreMean of the five percentile scores vs peers — 50/100 –

Percentile Scorecard

ICGMRVL

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

AxisICGMRVL
Valuation – 27 #70 of 95
Growth – 90 #10 of 93
Profitability – 60 #37 of 91
Financial Health 95 #6 of 101 48 #53 of 101
Shareholder Returns – 26 #56 of 75
Overall – 50
  • ICG 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

PeriodICGMRVLSPY
1 month +62.5%-10.7% -0.8%
3 months +76.5%+23.6% +3.5%
6 months +10.0%+47.8% +7.0%
Year to date -20.1%+175.1% +12.2%
1 year +1.4%+177.9% +13.0%
3 years -82.5%+394.7% +86.3%
3 years, per year -44.1%+70.4% +23.1%
5 years —+245.3% +68.6%
5 years, per year —+28.1% +11.0%
10 years —+1,644.6% +258.0%
10 years, per year —+33.1% +13.6%

Risk

MeasureICGMRVLSPY
Volatility, 1Y 98.7%79.1% 12.7%
Downside volatility, 1Y 94.7%74.9% 12.7%
Beta vs S&P 500, 1Y 0.873.23 1.00
Return / volatility, 1Y 0.012.25 1.02
Max drawdown, 5Y -95.4%-62.1% -25.4%
From 52-week high -34.1%-26.1% -1.8%
52-week high $2.17$316.43 $779.14
52-week low $0.63$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.

MultipleICGMRVL
P/E now vs peer median —median 42.1x 79.5xmedian 42.1x
P/S now vs peer median —median 7.1x 21.7xmedian 7.1x
EV/EBITDA now vs peer median —median 27.5x 73.0xmedian 27.5x
P/FCF now vs peer median —median 37.2x 118.5xmedian 37.2x
P/B now vs peer median 0.7xmedian 4.2x 11.1xmedian 4.2x
PEG now vs peer median —median 2.23 0.76median 2.23

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 monthsICGMRVL
Revenue – $9.45B
Gross profit – $4.93B
Operating income – $1.56B
Net income – $2.64B
Free cash flow – $1.73B
R&D – $2.44B
EPS (diluted) – $2.87
Cash & equivalents $45.20M $3.93B
Total debt – $4.96B
Shares (diluted) 60.46M 921.20M
Enterprise value -$186.68M $204.01B

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
MetricICGMRVL
P/E – 79.5x
P/FCF – 118.5x
P/Operating cash flow – 93.2x
P/S – 21.7x
P/B 0.7x 11.1x
P/Tangible book 0.7x 12.7x
EV/EBITDA – 73.0x
EV/EBIT – 132.0x
EV/Revenue – 21.8x
EV/FCF – 119.1x
EV/Operating cash flow – 93.6x
PEG (3Y EPS CAGR) – 0.76

Growth

14 metrics
MetricICGMRVL
Revenue growth (1Y) – 30.6%
Revenue CAGR (3Y) – 18.9%
Gross profit growth (1Y) – 52.8%
Gross profit CAGR (3Y) – 25.0%
Operating income growth (1Y) – 1,577%
Operating income CAGR (3Y) – 100.2%
Net income growth (1Y) – 2,653%
Net income CAGR (3Y) – 107.8%
EPS growth (1Y) – 2,512%
EPS CAGR (3Y) – 104.2%
Operating cash flow growth (1Y) – 19.3%
Operating cash flow CAGR (3Y) – 26.6%
Free cash flow growth (1Y) – 12.8%
Free cash flow CAGR (3Y) – 30.6%

Profitability

14 metrics
MetricICGMRVL
Gross margin – 52.2%
EBITDA margin – 29.9%
Operating margin – 16.5%
Pretax margin – 32.4%
Net margin – 27.9%
FCF margin – 18.3%
Operating cash flow margin – 23.3%
Return on equity – 14.4%
Return on assets – 9.7%
Return on invested capital – 5.8%
Return on capital employed – 6.3%
Asset turnover – 0.3x
Cash conversion (OCF / net income) – 0.8x
Stock comp / revenue – 8.8%

Financial Health

11 metrics
MetricICGMRVL
Debt / assets – 18.0%
Debt / equity – 0.3x
Net debt / EBITDA – 0.4x
Debt / FCF – 2.9x
Liabilities / assets 3.9% 32.7%
Equity / assets 96.1% 67.3%
Interest coverage – 7.2x
Current ratio 16.2x 3.2x
Quick ratio 13.6x 2.5x
Cash ratio 13.6x 1.6x
Altman Z-score – 14.48

Shareholder Returns

7 metrics
MetricICGMRVL
Dividend yield – 0.1%
Net buyback yield – -0.1%
Shareholder yield – 0.0%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

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.

ConsensusICGMRVL
Forward P/E – 56.7xFY2026
EPS, next fiscal year $-0.24FY2026 $4.12FY2026
EPS growth, next FY – +45.1%FY2026
EPS growth, the year after – +83.5%
Revenue, next fiscal year $32.87MFY2027 $11.42BFY2026
Revenue growth, next FY +6.2%FY2027 +39.5%FY2026
Revenue growth, the year after – +80.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersICGMRVL
Held by institutions – 78.7%
Institutions holding – 2,214
Change in shares held, QoQ – +0.1%
Institutions buying – 1,430
Institutions selling – 646
Buyers to sellers – 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.

ICGMRVL
ICG 1.00 -0.07
MRVL -0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ICG and MRVL?

Marvell Technology (MRVL) is the largest by market capitalisation: Intchains (ICG) $83.43M, Marvell Technology (MRVL) $217.14B.

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Intchains (ICG) +1.4%, Marvell Technology (MRVL) +177.9%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Marvell Technology (MRVL) has been the steadiest (Intchains (ICG) 98.7%, Marvell Technology (MRVL) 79.1%). Volatility measures how widely the price swings, not the risk of the business.

Do ICG and MRVL move together?

Their daily returns over the past year have a correlation of -0.07, a negative relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, ICG 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, Marvell Technology (MRVL) leads on 3. 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.