Broadcom Inc. (AVGO) vs Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Broadcom Inc. and Taiwan Semiconductor Manufacturing Company Ltd. are both Semiconductors companies. Taiwan Semiconductor Manufacturing Company Ltd. is the larger, with a market value of $2.36T against $1.70T — 1.4× the size. Taiwan Semiconductor Manufacturing Company Ltd. trades at the lower P/E: 32.5× against 43.8×. Broadcom Inc. grew revenue faster over the last twelve months: 48.7% against 35.6%. Taiwan Semiconductor Manufacturing Company Ltd. has the higher net margin (49.9% vs 42.9%) and the higher return on invested capital (39.7% vs 19.8%). Both pay a dividend; Broadcom Inc. yields more (1.64% vs 1.64%). Across the 22 metrics below, Taiwan Semiconductor Manufacturing Company Ltd. leads on 12 and Broadcom Inc. on 10.
Valuation
Profitability
| Metric | AVGO | TSM | Semiconductors median |
|---|---|---|---|
| Gross margin | 68.77% | 64.20% | 52.25% |
| Operating margin | 48.05% | 56.05% | 4.85% |
| Net margin | 42.94% | 49.88% | 4.77% |
| Free cash flow margin | 44.22% | 25.08% | 8.65% |
| Return on equity | 44.25% | 39.78% | 3.11% |
| Return on assets | 21.63% | 26.93% | 1.91% |
| Return on invested capital | 19.80% | 39.72% | 2.46% |
Growth
Health
Dividend
Size
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