BAC vs TSM: Which Is the Better Buy?

Side-by-side comparison of Bank of America Corporation and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-11.
Bank of America Corporation · Financial Services
$52.54
+7.3% upside to fair value
Grade B+
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$365.90
-3.8% upside to fair value
Med Conviction Grade B+
QuantHub Verdict
BAC has more upside to fair value (+7.3%). BAC trades at a lower forward P/E (12.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric BAC TSM
Current Price $52.54 $365.90
Fair Value Estimate $56.39 $352.00
Upside to Fair Value +7.3% -3.8%
Market Cap $377.1B $1,897.7B
Forward P/E 12.1x 26.0x
EV / EBITDA 12.8x 18.1x
Price / Sales 2.0x 13.3x
Price / FCF 29.9x 54.0x
Revenue Growth YoY -0.5% +33.0%
Gross Margin 56.1% 59.9%
Operating Margin 19.7% 50.8%
Return on Equity 10.1% 35.1%
Dividend Yield 2.09% 1.05%
FCF Yield 3.35% 1.85%
Analyst Consensus Buy Strong Buy
Investment Thesis
BAC — Bank of America Corporation
Bank of America is a top-two U.S. bank by assets with $3.4 trillion on its balance sheet, generating $30.5 billion in net income in 2025 on the back of 12.5% earnings growth. The bank benefits from scale in consumer deposits, a recovering investment banking franchise, and an expanding digital platform serving 47 million active users. At 12.7x trailing earnings and 1.97x sales, BAC trades at a fai…
TSM — Taiwan Semiconductor Manufacturing Company Limited
TSMC remains the single most critical company in the global semiconductor supply chain, manufacturing virtually every leading-edge AI chip for NVIDIA, Apple, AMD, and the hyperscalers. The company delivered exceptional 2025 results with 33% revenue growth and 50% net income growth, driven by HPC surging to 55% of Q4 revenue. At the 3nm node, TSMC maintains production yields of 70-80% versus Samsu…
Accumulation Zones
Metric BAC TSM
Zone Low $42.29 $265.00
Zone High $47.93 $310.00
In Buy Zone? No No
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