Target Corporation (TGT) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of Target Corporation 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: TGT is classified in Consumer Defensive; TSM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
TGT
Target Corporation
$155.83Consumer DefensiveDelayed 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 — TGT vs TSM
growth of $100 · dividends reinvested · last 10yTGT +207.6% (+11.9%/yr)TSM +1668.7% (+33.3%/yr)TSM compounded faster over this window
Log scale — wide-divergence pair
TGT TSM
TGT vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $70.78B market cap).
- •TGT trades at the lower trailing earnings multiple (16.16 vs 31.37 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 4.08% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs -0.29% CAGR).
- •TGT pays the higher dividend yield (2.91% vs 0.82%).
Metrics side by side
Valuation
| Metric | TGT | TSM |
|---|---|---|
| P/E ratio | 16.16 | 31.37 |
| Forward P/E | 15.46 | N/A |
| P/S ratio | 0.66 | 15.88 |
| P/B ratio | 3.97 | 11.14 |
| EV / EBITDA | 9.14 | 21.58 |
| FCF yield | 6.43% | 1.68% |
Profitability
| Metric | TGT | TSM |
|---|---|---|
| Gross margin | 29.30% | 64.17% |
| Operating margin | 5.59% | 55.97% |
| Net margin | 4.08% | 50.32% |
| ROE | 24.61% | 35.29% |
| ROIC | 11.35% | 27.56% |
Dividends
| Metric | TGT | TSM |
|---|---|---|
| Dividend yield | 2.91% | 0.82% |
| Payout ratio | 47.51% | 25.31% |
Growth (annualized)
| Metric | TGT | TSM |
|---|---|---|
| Revenue CAGR (5Y) | -0.29% | 22.50% |
| EPS CAGR (5Y) | -1.34% | 25.67% |
| FCF CAGR (5Y) | -6.17% | 33.46% |
| Total return CAGR (5Y) | -5.58% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, TGT or TSM?
- TGT has the lower trailing P/E: TGT trades at 16.16 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, TGT or TSM?
- Over the past five years, TSM grew revenue faster — TGT at a -0.29% CAGR versus TSM at 22.50%.
- Does TGT or TSM pay a bigger dividend?
- TGT yields 2.91% and TSM yields 0.82% based on trailing dividends and the latest price.
- Is TGT or TSM more profitable?
- TSM runs the higher net margin — TGT at 4.08% versus TSM at 50.32%.
- How have TGT and TSM total returns compared?
- Over the past 10 years, TGT delivered 11.93% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Target P/E ratioTaiwan Semiconductor Manufacturing P/E ratioTarget dividend yieldTaiwan Semiconductor Manufacturing dividend yieldTarget ROETaiwan Semiconductor Manufacturing ROETarget operating marginTaiwan Semiconductor Manufacturing operating marginTarget revenue growthTaiwan Semiconductor Manufacturing revenue growthTarget free cash flowTaiwan Semiconductor Manufacturing free cash flow
Target & 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.