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.
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.
SPCX
Space Exploration Technologies Corp.
$151.21IndustrialsDelayed 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 — SPCX vs TSM
growth of $100 · dividends reinvested · last 1ySPCX -7.9% (-7.9%/yr)TSM +3.3% (+3.3%/yr)TSM compounded faster over this window
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
| Metric | SPCX | TSM |
|---|---|---|
| P/E ratio | N/A | 31.37 |
| P/S ratio | N/A | 15.88 |
| P/B ratio | 15.54 | 11.14 |
| EV / EBITDA | N/A | 21.58 |
| FCF yield | N/A | 1.68% |
Profitability
| Metric | SPCX | TSM |
|---|---|---|
| Gross margin | 49.39% | 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
| Metric | SPCX | TSM |
|---|---|---|
| Dividend yield | N/A | 0.82% |
| Payout ratio | N/A | 25.31% |
Growth (annualized)
| Metric | SPCX | TSM |
|---|---|---|
| Revenue CAGR (5Y) | N/A | 22.50% |
| EPS CAGR (5Y) | N/A | 25.67% |
| FCF CAGR (5Y) | N/A | 33.46% |
| Total return CAGR (5Y) | N/A | 30.04% |
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%.
Go deeper
Dig into the metrics
Taiwan Semiconductor Manufacturing P/E ratioTaiwan Semiconductor Manufacturing dividend yieldSpace Exploration Technologies ROETaiwan Semiconductor Manufacturing ROESpace Exploration Technologies operating marginTaiwan Semiconductor Manufacturing operating marginSpace Exploration Technologies revenue growthTaiwan Semiconductor Manufacturing revenue growthSpace Exploration Technologies free cash flowTaiwan Semiconductor Manufacturing free cash flow
Space Exploration Technologies & 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 10, 2026.