Taiwan Semiconductor Manufacturing Company Limited (TSM) vs Walmart Inc. (WMT)

A side-by-side comparison of Taiwan Semiconductor Manufacturing Company Limited and Walmart 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.

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

Total returnTSM vs WMT

growth of $100 · dividends reinvested · last 29y
TSM +14454.2%WMT +2790.0%TSM compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020022007201220172022$14,554$2,890
TSM WMT

TSM vs WMT: by the numbers

  • TSM is the larger company ($2.03T vs $900.06B market cap).
  • TSM trades at the lower trailing earnings multiple (28.90 vs 39.21 P/E), one valuation lens rather than an overall verdict.
  • TSM converts more revenue to profit (50.32% vs 3.13% net margin).
  • TSM grew revenue faster over the past five years (22.50% vs 5.20% CAGR).
  • TSM pays the higher dividend yield (0.88% vs 0.86%).

Metrics side by side

Valuation

MetricTSMWMT
P/E ratio28.9039.21
Forward P/EN/A42.36
P/S ratio14.631.23
P/B ratio10.269.48
PEG ratio0.653.29
EV / EBITDA19.8021.35
FCF yield1.82%1.40%

Profitability

MetricTSMWMT
Gross margin64.17%24.98%
Operating margin55.97%4.16%
Net margin50.32%3.13%
ROE35.29%24.10%
ROIC25.10%11.87%

Dividends

MetricTSMWMT
Dividend yield0.88%0.86%
Payout ratio32.94%35.22%

Growth (annualized)

MetricTSMWMT
Revenue CAGR (5Y)22.50%5.20%
EPS CAGR (5Y)25.67%10.95%
FCF CAGR (5Y)33.46%-9.94%
Total return CAGR (5Y)29.33%20.16%

Frequently asked

Which has the lower trailing P/E, TSM or WMT?
TSM has the lower trailing P/E: TSM trades at 28.90 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, TSM or WMT?
Over the past five years, TSM grew revenue faster — TSM at a 22.50% CAGR versus WMT at 5.20%.
Does TSM or WMT pay a bigger dividend?
TSM yields 0.88% and WMT yields 0.86% based on trailing dividends and the latest price.
Is TSM or WMT more profitable?
TSM runs the higher net margin — TSM at 50.32% versus WMT at 3.13%.
How have TSM and WMT total returns compared?
Over the past 10 years, TSM delivered 32.46% and WMT delivered 18.43% 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 July 28, 2026.