Space Exploration Technologies Corp. (SPCX) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

A side-by-side comparison of Space Exploration Technologies Corp. and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: SPCX is classified in Industrials; TSM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnSPCX vs TSM

growth of $100 · dividends reinvested · last 1y
SPCX -7.9% (-7.9%/yr)TSM +3.3% (+3.3%/yr)TSM compounded faster over this window
80100120Start $100$92$103
SPCX TSM

SPCX vs TSM: by the numbers

  • TSM is the larger company ($2.25T vs $1.98T market cap).
  • TSM is profitable (50.32% net margin) while SPCX runs a net loss (-26.44%).
  • TSM pays a dividend (0.82% yield), while SPCX has no payments in the available dividend history.

Metrics side by side

Valuation

MetricSPCXTSM
P/E ratioN/A31.37
P/S ratioN/A15.88
P/B ratio15.5411.14
EV / EBITDAN/A21.58
FCF yieldN/A1.68%

Profitability

MetricSPCXTSM
Gross margin49.39%64.17%
Operating margin-13.86%55.97%
Net margin-26.44%50.32%
ROE-11.95%35.29%
ROIC-3.62%27.56%

Dividends

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

Growth (annualized)

MetricSPCXTSM
Revenue CAGR (5Y)N/A22.50%
EPS CAGR (5Y)N/A25.67%
FCF CAGR (5Y)N/A33.46%
Total return CAGR (5Y)N/A30.04%

Frequently asked

Does SPCX or TSM pay a bigger dividend?
TSM pays a dividend (0.82% yield), while SPCX has no payments in the available dividend history.
Is SPCX or TSM more profitable?
TSM runs the higher net margin — SPCX at -26.44% versus TSM at 50.32%.

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 10, 2026.