Company comparison

Taiwan vs Nvidia

In short

Taiwan Semiconductor Manufacturing Company Limited (TSM) and Nvidia Corp are both in Semiconductors. ET&A currently rates Taiwan Semiconductor Manufacturing Company Limited (TSM) Buy and Nvidia Corp Buy. Against ET&A's Fair Value, Nvidia Corp's share price currently looks better value — it sits further below what we think it is worth. Their investment styles differ (Quality/Growth/Value and Quality/Growth), so they may suit different goals.

ET&A ViewBuyET&A sees significant upside from the current price with an attractive risk/reward profile.BuyET&A sees significant upside from the current price with an attractive risk/reward profile.
ET&A Score9.29.3highest
Fair ValueMembersMembers
12M Price TargetMembersMembers
Preferred EntryMembersMembers
Expected 12M Total ReturnMembersMembers
Is it expensive?MembersMembers
Business HealthYes — very healthyYes — very healthy

Fair Value is what ET&A estimates each company is worth today; the 12M Price Target is what we think it should be worth in about twelve months; Preferred Entry is the price range where the expected return becomes attractive enough for the risk. Expected returns are measured from the price at each valuation date. This tool shows the differences and trade-offs — it does not pick a winner. See membership

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Our view on eachOur reasoning, what could drive each higher and what could go wrong.
Insight

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See our full reasoning, what could drive the shares higher or go wrong, our Fair Value and Preferred Entry, and how our view has changed.

  • Our View in full
  • What could drive it higher / go wrong
  • Fair Value & Preferred Entry
  • How our view has changed
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Price against valueWhere each price sits between its Preferred Entry and Fair Value.
Insight

Fair Value & Preferred Entry

See what ET&A thinks each company is worth, the price range where we'd be happy to buy, and whether today's price looks cheap or expensive.

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Business Health, area by areaEach area's rating on ET&A's scales, side by side.
Revenue——
EarningsExcellentExcellent
MarginsExcellentExcellent
Cash generation——
Balance sheetExcellentExcellent
DividendWeakWeak

The figures behind each rating are on each company’s page.

Who each suitsInvestment style and the goals each fits.
Investment styleQuality/Growth/ValueQuality/Growth
Capital Preservation——
Income——
Balanced✓—
Growth✓✓
Aggressive Growth✓✓
Related ET&A research6 articles mentioning these companies.
Research ViewOpen the full researchValuation multiples and the reported financial figures, side by side.

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Valuation multiplesP/E, EV/EBITDA, Price/Sales and other multiples.
P/E RatioMembersMembers
Forward P/EMembersMembers
EV / EBITDAMembersMembers
Price / SalesMembersMembers
Price / BookMembersMembers
Dividend yieldMembersMembers
Financial figuresSize, returns and financial strength, as reported.
Scale & returns
Market CapTWD 2.23T$5.34T
RevenueTWD 4.44T$302.97B
EBITDATWD 3.17T$201.27B
EPSTWD 13.76$7.91
Forward EPSTWD 22.30$15.91
Dividend yield0.85%0.44%
Annual dividendTWD 26.00$0.28
Financial strength
Net Debt / (Cash)(TWD 2.45T)($23.61B)
Shares Outstanding5.19B24.15B

Values are shown in each company’s listing currency. “—” means the figure isn’t available.