RTX vs TSM: Which Is the Better Buy?

Side-by-side comparison of RTX Corporation and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-06-20.
RTX Corporation · Industrials
$185.60
-25.2% upside to fair value
Grade D
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$462.12
+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 (32.4x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric RTX TSM
Current Price $185.60 $462.12
Fair Value Estimate $138.81 $670.07
Upside to Fair Value -25.2% +45.0%
Market Cap $249.9B $2,396.8B
Forward P/E 34.3x 32.4x
EV / EBITDA 18.3x 20.5x
Price / Sales 2.8x 15.2x
Price / FCF 29.9x 61.4x
Revenue Growth YoY +8.7% +35.1%
Gross Margin 20.2% 61.9%
Operating Margin 10.9% 53.2%
Return on Equity 11.2% 36.9%
Dividend Yield 0% 0%
FCF Yield 3.34% 1.63%
Analyst Consensus Buy Strong Buy
Investment Thesis
RTX — RTX Corporation
RTX Corporation is a leading aerospace and defense company with a strong competitive moat driven by scale and an installed base in commercial aerospace via Pratt & Whitney and Collins Aerospace, and defense through Raytheon. The company benefits from a large multi-year backlog of approximately $270 billion supporting steady cash flow and mid-single-digit organic growth. Despite solid revenue grow…
TSM — Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world's leading semiconductor foundry, commanding over 60-70% global market share in advanced process nodes. The company benefits from a very strong and widening moat driven by unmatched EUV-intensive capacity and a conservative, shareholder-friendly capital allocation strategy. TSMC's business quality is high, with robust profitabi…
Accumulation Zones
Metric RTX TSM
Zone Low $104.11 $502.55
Zone High $117.99 $569.56
In Buy Zone? No Yes
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