CRM vs TSM: Which Is the Better Buy?
Side-by-side comparison of Salesforce, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-23.
Salesforce, Inc. · Technology
$236.42
+11.6% upside to fair value
Med Conviction
Grade B
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$452.00
+13.9% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
TSM has more upside to fair value
(+13.9%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
CRM |
TSM |
| Current Price |
$236.42 |
$452.00 |
| Fair Value Estimate |
$263.88 |
$515.00 |
| Upside to Fair Value |
+11.6%
|
+13.9%
|
| Market Cap |
$193.6B |
$2,344.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
14.4x
|
19.2x
|
| Price / Sales |
4.4x
|
0.5x
|
| Price / FCF |
12.8x
|
2.1x
|
| Revenue Growth YoY |
+10.8%
|
+36.0%
|
| Gross Margin |
77.3%
|
64.2%
|
| Operating Margin |
21.4%
|
56.0%
|
| Return on Equity |
20.2%
|
39.3%
|
| Dividend Yield |
0.73% |
0.96% |
| FCF Yield |
7.82%
|
47.62%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
Salesforce is the leading enterprise customer relationship management platform, spanning Sales, Service, Platform, Marketing, Commerce, Tableau, MuleSoft, and Slack under the Customer 360 umbrella, with 83,334 employees and a business that converts $53.65 of revenue per share into $18.48 of free cash flow per share. Business quality is high: TTM gross margin of 77.3%, TTM operating margin of 21.4…
Taiwan Semiconductor Manufacturing Company is the world's largest contract chipmaker, manufacturing advanced logic, mixed-signal, RF, and embedded memory wafers for high-performance computing, smartphones, IoT, and automotive customers from a base of 65,152 employees headquartered in Hsinchu, Taiwan. The business quality is exceptionally high: TTM gross margin is 64.2%, TTM operating margin is 56…
Accumulation Zones
| Metric |
CRM |
TSM |
| Zone Low |
$197.91 |
$386.25 |
| Zone High |
$224.30 |
$437.75 |
| In Buy Zone? |
No
|
No
|