HD vs TSM: Which Is the Better Buy?

Side-by-side comparison of The Home Depot, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-11.
The Home Depot, Inc. · Consumer Cyclical
$337.34
+12.1% upside to fair value
Med Conviction Grade B
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$365.90
-3.8% upside to fair value
Med Conviction Grade B+
QuantHub Verdict
HD has more upside to fair value (+12.1%). HD trades at a lower forward P/E (23.0x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric HD TSM
Current Price $337.34 $365.90
Fair Value Estimate $378.00 $352.00
Upside to Fair Value +12.1% -3.8%
Market Cap $336.0B $1,897.7B
Forward P/E 23.0x 26.0x
EV / EBITDA 18.1x 18.1x
Price / Sales 2.3x 13.3x
Price / FCF 29.7x 54.0x
Revenue Growth YoY +3.2% +33.0%
Gross Margin 33.3% 59.9%
Operating Margin 12.7% 50.8%
Return on Equity 110.5% 35.1%
Dividend Yield 2.44% 1.05%
FCF Yield 3.37% 1.85%
Analyst Consensus Buy Strong Buy
Investment Thesis
HD — The Home Depot, Inc.
Home Depot remains the world's largest home improvement retailer with 2,350+ stores, dominant 52% market share, and a rapidly growing Pro contractor segment bolstered by the SRS Distribution acquisition. The stock has declined 21% from its $427 high to $337, but now trades at 2.28x P/S, near the 5-year median of 2.31x, and 26.5x P/E which is above the 5-year median of 23.5x. EPS declined 4.6% in …
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 HD TSM
Zone Low $285.00 $265.00
Zone High $320.00 $310.00
In Buy Zone? No No
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