DHR vs TSM: Which Is the Better Buy?
Side-by-side comparison of Danaher Corporation and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-04.
Danaher Corporation · Healthcare
$174.04
+13.2% upside to fair value
Grade B
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$366.24
+5153.7% upside to fair value
Grade C
High Quality
QuantHub Verdict
TSM has more upside to fair value
(+5153.7%).
TSM trades at a lower forward P/E
(27.2x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
DHR |
TSM |
| Current Price |
$174.04 |
$366.24 |
| Fair Value Estimate |
$197.01 |
$19,241.17 |
| Upside to Fair Value |
+13.2%
|
+5153.7%
|
| Market Cap |
$123.2B |
$1,899.5B |
| Forward P/E |
33.4x
|
27.2x
|
| EV / EBITDA |
20.3x
|
17.3x
|
| Price / Sales |
5.0x
|
12.8x
|
| Price / FCF |
23.3x
|
51.6x
|
| Revenue Growth YoY |
+3.7%
|
+36.5%
|
| Gross Margin |
60.7%
|
61.9%
|
| Operating Margin |
21.0%
|
53.2%
|
| Return on Equity |
7.1%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.3%
|
1.94%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Danaher Corporation is a diversified healthcare company focused on medical diagnostics, life sciences, and biotechnology, generating approximately $24 billion in revenue with a strong recurring revenue base of over 81%. The company benefits from a high gross margin of 60.7% and solid operating margin of 21%, supported by a seasoned management team with a proven capital allocation track record inc…
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world's leading pure-play semiconductor foundry, commanding approximately 60% of the global advanced node foundry market. The company benefits from a durable competitive moat driven by its pioneering foundry model, massive scale, advanced manufacturing capabilities, and strong customer relationships with major technology firms. TSMC…
Accumulation Zones
| Metric |
DHR |
TSM |
| Zone Low |
$147.76 |
$14,430.88 |
| Zone High |
$167.46 |
$16,354.99 |
| In Buy Zone? |
No
|
Yes
|