Cisco Systems, Inc. (CSCO) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of Cisco Systems, Inc. and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
CSCO
Cisco Systems, Inc.
$112.13TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — CSCO vs TSM
growth of $100 · dividends reinvested · last 10yCSCO +364.8% (+16.6%/yr)TSM +1618.1% (+32.9%/yr)TSM compounded faster over this window
CSCO TSM
CSCO vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $441.95B market cap).
- •TSM trades at the lower trailing earnings multiple (31.37 vs 33.67 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 20.95% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs 5.09% CAGR).
- •CSCO pays the higher dividend yield (1.55% vs 0.82%).
Metrics side by side
Valuation
| Metric | CSCO | TSM |
|---|---|---|
| P/E ratio | 33.67 | 31.37 |
| Forward P/E | 21.91 | N/A |
| P/S ratio | 6.98 | 15.88 |
| P/B ratio | 8.79 | 11.14 |
| EV / EBITDA | 25.93 | 21.58 |
| FCF yield | 2.93% | 1.68% |
Profitability
| Metric | CSCO | TSM |
|---|---|---|
| Gross margin | 64.52% | 64.17% |
| Operating margin | 24.27% | 55.97% |
| Net margin | 20.95% | 50.32% |
| ROE | 26.38% | 35.29% |
| ROIC | 12.96% | 27.56% |
Dividends
| Metric | CSCO | TSM |
|---|---|---|
| Dividend yield | 1.55% | 0.82% |
| Payout ratio | 49.85% | 25.31% |
Growth (annualized)
| Metric | CSCO | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 5.09% | 22.50% |
| EPS CAGR (5Y) | 6.03% | 25.67% |
| FCF CAGR (5Y) | -0.58% | 33.46% |
| Total return CAGR (5Y) | 16.38% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, CSCO or TSM?
- TSM has the lower trailing P/E: CSCO trades at 33.67 and TSM at 31.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CSCO or TSM?
- Over the past five years, TSM grew revenue faster — CSCO at a 5.09% CAGR versus TSM at 22.50%.
- Does CSCO or TSM pay a bigger dividend?
- CSCO yields 1.55% and TSM yields 0.82% based on trailing dividends and the latest price.
- Is CSCO or TSM more profitable?
- TSM runs the higher net margin — CSCO at 20.95% versus TSM at 50.32%.
- How have CSCO and TSM total returns compared?
- Over the past 10 years, CSCO delivered 16.70% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cisco Systems P/E ratioTaiwan Semiconductor Manufacturing P/E ratioCisco Systems dividend yieldTaiwan Semiconductor Manufacturing dividend yieldCisco Systems ROETaiwan Semiconductor Manufacturing ROECisco Systems operating marginTaiwan Semiconductor Manufacturing operating marginCisco Systems revenue growthTaiwan Semiconductor Manufacturing revenue growthCisco Systems free cash flowTaiwan Semiconductor Manufacturing free cash flow
Cisco Systems & Taiwan Semiconductor Manufacturing appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.