SMCI vs TSM: Which Is the Better Buy?
Side-by-side comparison of Super Micro Computer, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-07.
Super Micro Computer, Inc. · Technology
$34.66
+45.0% upside to fair value
Grade B
High Quality
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$366.24
+45.0% upside to fair value
Grade C
High Quality
QuantHub Verdict
SMCI trades at a lower forward P/E
(11.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
SMCI |
TSM |
| Current Price |
$34.66 |
$366.24 |
| Fair Value Estimate |
$50.26 |
$531.05 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$20.8B |
$1,899.5B |
| Forward P/E |
11.6x
|
27.2x
|
| EV / EBITDA |
17.9x
|
17.3x
|
| Price / Sales |
0.6x
|
12.8x
|
| Price / FCF |
-3.0x
|
51.6x
|
| Revenue Growth YoY |
+122.7%
|
+36.5%
|
| Gross Margin |
8.4%
|
61.9%
|
| Operating Margin |
4.5%
|
53.2%
|
| Return on Equity |
26.0%
|
36.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
—
|
1.94%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Super Micro Computer, Inc. is a technology company specializing in server and storage systems, with a dominant 97% revenue share from this segment driven by AI and cloud infrastructure demand. The company benefits from a founder-led management team with deep engineering expertise and strong insider ownership of approximately 46-48%, aligning interests with shareholders. Despite explosive revenue …
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 |
SMCI |
TSM |
| Zone Low |
$37.70 |
$398.29 |
| Zone High |
$42.72 |
$451.39 |
| In Buy Zone? |
Yes
|
Yes
|