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 2026-09-23.
JPMorgan Chase & Co. · Financial Services
$350.13
+26.9% upside to fair value
Med Conviction
Grade A-
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$452.00
+13.9% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
JPM has more upside to fair value
(+26.9%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
JPM |
TSM |
| Current Price |
$350.13 |
$452.00 |
| Fair Value Estimate |
$444.48 |
$515.00 |
| Upside to Fair Value |
+26.9%
|
+13.9%
|
| Market Cap |
$938.2B |
$2,344.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
20.0x
|
19.2x
|
| Price / Sales |
3.1x
|
0.5x
|
| Price / FCF |
—
|
2.1x
|
| Revenue Growth YoY |
+17.9%
|
+36.0%
|
| Gross Margin |
62.6%
|
64.2%
|
| Operating Margin |
28.2%
|
56.0%
|
| Return on Equity |
17.8%
|
39.3%
|
| Dividend Yield |
1.71% |
0.96% |
| FCF Yield |
—
|
47.62%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
JPMorgan Chase is a diversified global bank spanning consumer banking, cards, payments, commercial banking, investment banking, markets, treasury services, and asset and wealth management, with an unusually high-quality franchise supported by funding scale, distribution, leading market positions and cross-selling across 86.6 million U.S. consumers and more than 90% of Fortune 500 companies. Busin…
Taiwan Semiconductor Manufacturing Company is the world's largest contract chipmaker, manufacturing advanced logic, mixed-signal, RF, and embedded memory wafers for high-performance computing, smartphones, IoT, and automotive customers from a base of 65,152 employees headquartered in Hsinchu, Taiwan. The business quality is exceptionally high: TTM gross margin is 64.2%, TTM operating margin is 56…
Accumulation Zones
| Metric |
JPM |
TSM |
| Zone Low |
$333.36 |
$386.25 |
| Zone High |
$377.81 |
$437.75 |
| In Buy Zone? |
Yes
|
No
|