CVX vs TSM: Which Is the Better Buy?
Side-by-side comparison of Chevron Corporation and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-17.
Chevron Corporation · Energy
$175.91
-3.4% upside to fair value
Grade D
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$409.74
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
TSM has more upside to fair value
(+45.0%).
CVX trades at a lower forward P/E
(30.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CVX |
TSM |
| Current Price |
$175.91 |
$409.74 |
| Fair Value Estimate |
$169.96 |
$594.12 |
| Upside to Fair Value |
-3.4%
|
+45.0%
|
| Market Cap |
$350.3B |
$2,125.1B |
| Forward P/E |
30.4x
|
38.8x
|
| EV / EBITDA |
9.4x
|
17.6x
|
| Price / Sales |
1.9x
|
14.5x
|
| Price / FCF |
26.2x
|
58.4x
|
| Revenue Growth YoY |
+3.2%
|
+36.0%
|
| Gross Margin |
25.4%
|
61.9%
|
| Operating Margin |
8.4%
|
53.2%
|
| Return on Equity |
6.2%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.82%
|
1.71%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Chevron Corporation operates as a leading integrated oil and gas company within the energy sector, demonstrating medium business quality with a stable competitive position but facing earnings pressure as evidenced by a 36.9% decline in earnings in the most recent quarter. The stock trades at a premium valuation with a P/E trailing and forward of 30.38, EV/EBITDA of 9.41, and a P/FCF of 26.2, refl…
Taiwan Semiconductor Manufacturing Company Limited (TSM) is a leading semiconductor foundry specializing in advanced chip manufacturing technologies. The company exhibits high business quality with a durable competitive moat driven by cost advantages, intangible assets, and strong brand recognition. It demonstrates robust profitability with a net margin of 47.0% and a return on equity of 36.9%. R…
Accumulation Zones
| Metric |
CVX |
TSM |
| Zone Low |
$127.47 |
$445.59 |
| Zone High |
$144.47 |
$505.00 |
| In Buy Zone? |
No
|
Yes
|