Taiwan Semiconductor Manufacturing Company Limited (TSM) vs VICI Properties Inc. (VICI)
A side-by-side comparison of Taiwan Semiconductor Manufacturing Company Limited and VICI Properties Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: TSM is classified in Technology; VICI is classified in Real Estate. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
TSM
Taiwan Semiconductor Manufacturing Company Limited
$392.31TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
VICI
VICI Properties Inc.
$27.10Real EstateDelayed quote: Jul 28, 2026, 4:02 PM EDT
Total return — TSM vs VICI
growth of $100 · dividends reinvested · last 9yTSM +1164.6%VICI +127.4%TSM compounded faster
Log scale — wide-divergence pair
TSM VICI
TSM vs VICI: by the numbers
- •TSM is the larger company ($2.03T vs $28.97B market cap).
- •VICI trades at the lower trailing earnings multiple (9.16 vs 28.90 P/E), one valuation lens rather than an overall verdict.
- •VICI converts more revenue to profit (76.69% vs 50.32% net margin).
- •VICI grew revenue faster over the past five years (24.66% vs 22.50% CAGR).
- •VICI pays the higher dividend yield (6.73% vs 0.88%).
Metrics side by side
Valuation
| Metric | TSM | VICI |
|---|---|---|
| P/E ratio | 28.90 | 9.16 |
| Forward P/E | N/A | 9.08 |
| P/S ratio | 14.63 | 7.06 |
| P/B ratio | 10.26 | 1.01 |
| PEG ratio | 0.65 | 5.52 |
| EV / EBITDA | 19.80 | 11.46 |
| FCF yield | 1.82% | N/A |
Profitability
| Metric | TSM | VICI |
|---|---|---|
| Gross margin | 64.17% | 99.22% |
| Operating margin | 55.97% | 98.67% |
| Net margin | 50.32% | 76.69% |
| ROE | 35.29% | 11.01% |
| ROIC | 25.10% | 8.77% |
Dividends
| Metric | TSM | VICI |
|---|---|---|
| Dividend yield | 0.88% | 6.73% |
| Payout ratio | 32.94% | 68.97% |
Growth (annualized)
| Metric | TSM | VICI |
|---|---|---|
| Revenue CAGR (5Y) | 22.50% | 24.66% |
| EPS CAGR (5Y) | 25.67% | 8.20% |
| FCF CAGR (5Y) | 33.46% | N/A |
| Total return CAGR (5Y) | 29.33% | 2.02% |
Frequently asked
- Which has the lower trailing P/E, TSM or VICI?
- VICI has the lower trailing P/E: TSM trades at 28.90 and VICI at 9.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TSM or VICI?
- Over the past five years, VICI grew revenue faster — TSM at a 22.50% CAGR versus VICI at 24.66%.
- Does TSM or VICI pay a bigger dividend?
- TSM yields 0.88% and VICI yields 6.73% based on trailing dividends and the latest price.
- Is TSM or VICI more profitable?
- VICI runs the higher net margin — TSM at 50.32% versus VICI at 76.69%.
- How have TSM and VICI total returns compared?
- Over the past 5 years, TSM delivered 32.46% and VICI delivered 2.02% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Taiwan Semiconductor Manufacturing P/E ratioVICI Properties P/E ratioTaiwan Semiconductor Manufacturing dividend yieldVICI Properties dividend yieldTaiwan Semiconductor Manufacturing ROEVICI Properties ROETaiwan Semiconductor Manufacturing operating marginVICI Properties operating marginTaiwan Semiconductor Manufacturing revenue growthVICI Properties revenue growthTaiwan Semiconductor Manufacturing free cash flowVICI Properties free cash flow
Taiwan Semiconductor Manufacturing & VICI Properties 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 July 28, 2026.