JPM vs TSM: Which Is the Better Buy?
Side-by-side comparison of JPMorgan Chase & Co. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-17.
JPMorgan Chase & Co. · Financial Services
$334.53
+45.0% upside to fair value
Grade B
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$409.74
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
JPM trades at a lower forward P/E
(14.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
JPM |
TSM |
| Current Price |
$334.53 |
$409.74 |
| Fair Value Estimate |
$485.07 |
$594.12 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$896.4B |
$2,125.1B |
| Forward P/E |
14.3x
|
38.8x
|
| EV / EBITDA |
12.4x
|
17.6x
|
| Price / Sales |
5.4x
|
14.5x
|
| Price / FCF |
6.4x
|
58.4x
|
| Revenue Growth YoY |
-168.4%
|
+36.0%
|
| Gross Margin |
78.6%
|
61.9%
|
| Operating Margin |
33.7%
|
53.2%
|
| Return on Equity |
17.8%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
15.72%
|
1.71%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
JPMorgan Chase & Co. operates as a leading diversified bank within the financial services sector, demonstrating a high-quality business model characterized by a strong return on equity of 17.8% and robust profitability margins including a net margin of 38.9%. Despite a significant revenue decline of 168.4% year-over-year in the most recent quarter, earnings grew by 41.2%, reflecting operational e…
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 |
JPM |
TSM |
| Zone Low |
$363.80 |
$445.59 |
| Zone High |
$412.31 |
$505.00 |
| In Buy Zone? |
Yes
|
Yes
|