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 2026-07-17.
Taiwan Semiconductor Manufacturing Company Limited · Technology
$409.74
+45.0% upside to fair value
Grade C
High Quality
VS
The Trade Desk, Inc. · Communication Services
$18.51
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
TTD trades at a lower forward P/E
(20.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
TSM |
TTD |
| Current Price |
$409.74 |
$18.51 |
| Fair Value Estimate |
$594.12 |
$26.84 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$2,125.1B |
$8.7B |
| Forward P/E |
38.8x
|
20.3x
|
| EV / EBITDA |
17.6x
|
10.5x
|
| Price / Sales |
14.5x
|
2.9x
|
| Price / FCF |
58.4x
|
10.4x
|
| Revenue Growth YoY |
+36.0%
|
+11.8%
|
| Gross Margin |
61.9%
|
77.8%
|
| Operating Margin |
53.2%
|
20.3%
|
| Return on Equity |
36.9%
|
16.9%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.71%
|
9.62%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Taiwan Semiconductor Manufacturing Company Limited (TSM) is a leading semiconductor foundry specializing in advanced chip manufacturing technologies. The company exhibits high business quality with a durable competitive moat driven by cost advantages, intangible assets, and strong brand recognition. It demonstrates robust profitability with a net margin of 47.0% and a return on equity of 36.9%. R…
The Trade Desk operates a leading demand-side platform in the advertising technology sector, specializing in programmatic ad buying with a strong focus on connected TV, retail media, audio, and international markets. The company benefits from a durable competitive moat driven by founder-led management with over 15 years of continuity, a differentiated open-internet infrastructure, and a dominant …
Accumulation Zones
| Metric |
TSM |
TTD |
| Zone Low |
$445.59 |
$20.13 |
| Zone High |
$505.00 |
$22.81 |
| In Buy Zone? |
Yes
|
Yes
|