MA vs TSM: Which Is the Better Buy?
Side-by-side comparison of Mastercard Incorporated and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-11.
Mastercard Incorporated · Financial Services
$498.66
+22.3% upside to fair value
High Conviction
Grade A-
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$365.90
-3.8% upside to fair value
Med Conviction
Grade B+
QuantHub Verdict
MA has more upside to fair value
(+22.3%).
MA trades at a lower forward P/E
(25.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MA |
TSM |
| Current Price |
$498.66 |
$365.90 |
| Fair Value Estimate |
$610.00 |
$352.00 |
| Upside to Fair Value |
+22.3%
|
-3.8%
|
| Market Cap |
$445.0B |
$1,897.7B |
| Forward P/E |
25.5x
|
26.0x
|
| EV / EBITDA |
22.4x
|
18.1x
|
| Price / Sales |
13.6x
|
13.3x
|
| Price / FCF |
26.0x
|
54.0x
|
| Revenue Growth YoY |
+16.4%
|
+33.0%
|
| Gross Margin |
83.4%
|
59.9%
|
| Operating Margin |
59.2%
|
50.8%
|
| Return on Equity |
198.4%
|
35.1%
|
| Dividend Yield |
0.65% |
1.05% |
| FCF Yield |
3.84%
|
1.85%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Mastercard operates one of the world's two dominant payment networks, processing over $9 trillion in gross dollar volume annually across 220+ countries. The business generates 83% gross margins and 46% net margins with zero credit risk because Mastercard never lends money, only collecting tolls on every transaction. Value-Added Services (analytics, fraud prevention, cybersecurity) now comprise 41…
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 |
MA |
TSM |
| Zone Low |
$460.00 |
$265.00 |
| Zone High |
$515.00 |
$310.00 |
| In Buy Zone? |
Yes
|
No
|