TSM vs VST: Which Is the Better Buy?
Side-by-side comparison of Taiwan Semiconductor Manufacturing Company Limited and Vistra Corp. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-23.
Taiwan Semiconductor Manufacturing Company Limited · Technology
$452.00
+13.9% upside to fair value
Med Conviction
Grade B
High Quality
VS
Vistra Corp. · Utilities
$140.67
-23.0% upside to fair value
Med Conviction
Grade C
QuantHub Verdict
TSM has more upside to fair value
(+13.9%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
TSM |
VST |
| Current Price |
$452.00 |
$140.67 |
| Fair Value Estimate |
$515.00 |
$108.27 |
| Upside to Fair Value |
+13.9%
|
-23.0%
|
| Market Cap |
$2,344.3B |
$47.4B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
19.2x
|
10.3x
|
| Price / Sales |
0.5x
|
3.0x
|
| Price / FCF |
2.1x
|
34.7x
|
| Revenue Growth YoY |
+36.0%
|
-5.5%
|
| Gross Margin |
64.2%
|
13.0%
|
| Operating Margin |
56.0%
|
2.3%
|
| Return on Equity |
39.3%
|
41.5%
|
| Dividend Yield |
0.96% |
0.65% |
| FCF Yield |
47.62%
|
2.88%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Taiwan Semiconductor Manufacturing Company is the world's largest contract chipmaker, manufacturing advanced logic, mixed-signal, RF, and embedded memory wafers for high-performance computing, smartphones, IoT, and automotive customers from a base of 65,152 employees headquartered in Hsinchu, Taiwan. The business quality is exceptionally high: TTM gross margin is 64.2%, TTM operating margin is 56…
Vistra Corp. is a vertically integrated independent power producer and retail electricity supplier operating roughly 38,700 megawatts of generation across natural gas, nuclear, coal, solar, and battery storage, serving about 4.3 million retail customers in 20 states and the District of Columbia. The business quality is mixed: the diversified PJM and ERCOT fleet plus retail load is a genuine struc…
Accumulation Zones
| Metric |
TSM |
VST |
| Zone Low |
$386.25 |
$81.20 |
| Zone High |
$437.75 |
$92.03 |
| In Buy Zone? |
No
|
No
|