DE vs TSM: Which Is the Better Buy?

Side-by-side comparison of Deere & Company and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-06-20.
Deere & Company · Industrials
$589.24
-29.6% upside to fair value
Grade D High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$462.12
+45.0% upside to fair value
Grade C High Quality
QuantHub Verdict
TSM has more upside to fair value (+45.0%). TSM trades at a lower forward P/E (32.4x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric DE TSM
Current Price $589.24 $462.12
Fair Value Estimate $414.61 $670.07
Upside to Fair Value -29.6% +45.0%
Market Cap $159.1B $2,396.8B
Forward P/E 33.3x 32.4x
EV / EBITDA 18.8x 20.5x
Price / Sales 3.4x 15.2x
Price / FCF 42.2x 61.4x
Revenue Growth YoY +6.7% +35.1%
Gross Margin 35.4% 61.9%
Operating Margin 18.4% 53.2%
Return on Equity 18.3% 36.9%
Dividend Yield 0% 0%
FCF Yield 2.37% 1.63%
Analyst Consensus Hold Strong Buy
Investment Thesis
DE — Deere & Company
Deere & Company is a leading global manufacturer of agricultural, construction, and forestry machinery with a durable competitive moat anchored by its number one market share in large agricultural equipment and a dense dealer network. The company benefits from embedded precision agriculture technology that widens its competitive gap, particularly in North America where it holds 40 to 60 percent m…
TSM — Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world's leading semiconductor foundry, commanding over 60-70% global market share in advanced process nodes. The company benefits from a very strong and widening moat driven by unmatched EUV-intensive capacity and a conservative, shareholder-friendly capital allocation strategy. TSMC's business quality is high, with robust profitabi…
Accumulation Zones
Metric DE TSM
Zone Low $310.96 $502.55
Zone High $352.42 $569.56
In Buy Zone? No Yes
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