NKE vs TSM: Which Is the Better Buy?

Side-by-side comparison of NIKE, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-20.
NIKE, Inc. · Consumer Cyclical
$42.62
+38.4% upside to fair value
Med Conviction Grade B+
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$366.24
+45.0% upside to fair value
Grade C High Quality
QuantHub Verdict
TSM has more upside to fair value (+45.0%). TSM trades at a lower forward P/E (27.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric NKE TSM
Current Price $42.62 $366.24
Fair Value Estimate $58.98 $531.05
Upside to Fair Value +38.4% +45.0%
Market Cap $63.0B $1,899.5B
Forward P/E 27.9x 27.2x
EV / EBITDA 20.7x 17.3x
Price / Sales 1.4x 12.8x
Price / FCF 19.4x 51.6x
Revenue Growth YoY -9.8% +36.5%
Gross Margin 42.7% 61.9%
Operating Margin 8.0% 53.2%
Return on Equity 24.4% 36.9%
Dividend Yield 3.8% 0%
FCF Yield 5.2% 1.94%
Analyst Consensus Buy Strong Buy
Investment Thesis
NKE — NIKE, Inc.
Nike is the world's largest athletic footwear and apparel company with $46.3B in FY2025 revenue, operating across 190+ countries with the Nike, Jordan, and Converse brands. The stock trades near its 9-year low at $42.62 after an 11% single-day crash following a Q3 FY2026 earnings report that showed 35% net income decline and weak Q4 guidance calling for a further 2-4% revenue decline. FY2025 reve…
TSM — Taiwan Semiconductor Manufacturing Company Limited
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 NKE TSM
Zone Low $44.23 $398.29
Zone High $50.13 $451.39
In Buy Zone? Yes Yes
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