TSM vs TTD: Which Is the Better Buy?
Side-by-side comparison of Taiwan Semiconductor Manufacturing Company Limited and The Trade Desk, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
Taiwan Semiconductor Manufacturing Company Limited · Technology
$365.90
-3.8% upside to fair value
Med Conviction
Grade B+
VS
The Trade Desk, Inc. · Technology
$22.76
+488.8% upside to fair value
High Conviction
Grade A-
QuantHub Verdict
TTD has more upside to fair value
(+488.8%).
TTD trades at a lower forward P/E
(24.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
TSM |
TTD |
| Current Price |
$365.90 |
$22.76 |
| Fair Value Estimate |
$352.00 |
$134.00 |
| Upside to Fair Value |
-3.8%
|
+488.8%
|
| Market Cap |
$1,897.7B |
$10.8B |
| Forward P/E |
26.0x
|
24.6x
|
| EV / EBITDA |
18.1x
|
—
|
| Price / Sales |
13.3x
|
3.7x
|
| Price / FCF |
54.0x
|
13.8x
|
| Revenue Growth YoY |
+33.0%
|
+14.5%
|
| Gross Margin |
59.9%
|
78.6%
|
| Operating Margin |
50.8%
|
20.3%
|
| Return on Equity |
35.1%
|
16.9%
|
| Dividend Yield |
1.05% |
— |
| FCF Yield |
1.85%
|
7.3%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
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…
The Trade Desk is the largest independent demand-side platform for programmatic advertising with 78.6% gross margins. After recent sell-off, stock trades at 3.2x forward P/S vs historical higher multiples, offering upside if growth stabilizes at 15%+. A-tier business at cheap valuation.[1]
Accumulation Zones
| Metric |
TSM |
TTD |
| Zone Low |
$265.00 |
$100.00 |
| Zone High |
$310.00 |
$114.00 |
| In Buy Zone? |
No
|
Yes
|