Manhattan Associates, Inc. (MANH) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

A side-by-side comparison of Manhattan Associates, 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.

Compare

Total returnMANH vs TSM

growth of $100 · dividends reinvested · last 10y
MANH +249.4% (+13.3%/yr)TSM +1624.5% (+32.9%/yr)TSM compounded faster over this window
05001k2k2kStart $10020182020202220242026$349$1,724
MANH TSM

MANH vs TSM: by the numbers

  • TSM is the larger company ($2.25T vs $11.77B market cap).
  • TSM trades at the lower trailing earnings multiple (31.37 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • TSM converts more revenue to profit (50.32% vs 18.67% net margin).
  • TSM grew revenue faster over the past five years (22.50% vs 12.69% CAGR).
  • TSM pays a dividend (0.82% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricMANHTSM
P/E ratio57.8331.37
Forward P/E36.71N/A
P/S ratio10.4515.88
P/B ratio74.7111.14
EV / EBITDA41.4521.58
FCF yield3.39%1.68%

Profitability

MetricMANHTSM
Gross margin54.65%64.17%
Operating margin24.33%55.97%
Net margin18.67%50.32%
ROE133.48%35.29%
ROIC90.92%27.56%

Dividends

MetricMANHTSM
Dividend yieldN/A0.82%
Payout ratioN/A25.31%

Growth (annualized)

MetricMANHTSM
Revenue CAGR (5Y)12.69%22.50%
EPS CAGR (5Y)21.59%25.67%
FCF CAGR (5Y)19.51%33.46%
Total return CAGR (5Y)4.78%30.04%

Frequently asked

Which has the lower trailing P/E, MANH or TSM?
TSM has the lower trailing P/E: MANH trades at 57.83 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, MANH or TSM?
Over the past five years, TSM grew revenue faster — MANH at a 12.69% CAGR versus TSM at 22.50%.
Does MANH or TSM pay a bigger dividend?
TSM pays a dividend (0.82% yield), while MANH has no payments in the available dividend history.
Is MANH or TSM more profitable?
TSM runs the higher net margin — MANH at 18.67% versus TSM at 50.32%.
How have MANH and TSM total returns compared?
Over the past 10 years, MANH delivered 13.30% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.

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.