AAPL vs. TSM: A Head-to-Head Stock Comparison
Here's a clear look at AAPL and TSM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | AAPL | TSM |
|---|---|---|
| Company Name | Apple Inc. | Taiwan Semiconductor Manufacturing Company Limited |
| Country | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Semiconductors |
| Market Capitalization | 3,656.84 billion USD | 1,694.64 billion USD |
| Currency | USD | USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | December 12, 1980 | October 9, 1997 |
| Security Type | Common Stock | ADR |
AAPL is a standard domestic listing, while TSM trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
AAPL's market capitalization (3,656.84 billion USD) is substantially larger than TSM's (1,694.64 billion USD), indicating a significant difference in their market valuations.
TSM is an American Depositary Receipt (ADR), allowing U.S. investors direct exposure to its non-U.S. operations. AAPL, on the other hand, is a domestic entity.
Historical Performance
This chart compares the performance of AAPL and TSM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| 5-Day Price Return | -1.07% | -1.66% |
| 13-Week Price Return | -8.65% | 24.04% |
| 26-Week Price Return | -2.84% | 45.31% |
| 52-Week Price Return | 11.15% | 17.52% |
| Month-to-Date Return | -5.82% | -10.78% |
| Year-to-Date Return | -8.48% | 14.84% |
| 10-Day Avg. Volume | 42.73M | 36.85M |
| 3-Month Avg. Volume | 46.29M | 38.52M |
| 3-Month Volatility | 23.49% | 30.39% |
| Beta | 1.10 | 1.14 |
With betas of 1.10 for AAPL and 1.14 for TSM, both stocks show similar sensitivity to overall market movements.
Profitability
Return on Equity (TTM)
AAPL
159.94%
Technology Hardware, Storage & Peripherals Industry
- Max
- 62.71%
- Q3
- 29.99%
- Median
- 10.15%
- Q1
- 6.04%
- Min
- -25.52%
AAPL's Return on Equity of 159.94% is exceptionally high, placing it well beyond the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
TSM
35.12%
Semiconductors & Semiconductor Equipment Industry
- Max
- 48.79%
- Q3
- 20.92%
- Median
- 8.73%
- Q1
- 2.09%
- Min
- -24.06%
In the upper quartile for the Semiconductors & Semiconductor Equipment industry, TSM's Return on Equity of 35.12% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
AAPL
27.04%
Technology Hardware, Storage & Peripherals Industry
- Max
- 19.59%
- Q3
- 9.62%
- Median
- 5.23%
- Q1
- 2.51%
- Min
- -1.17%
AAPL's Net Profit Margin of 27.04% is exceptionally high, placing it well beyond the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.
TSM
45.10%
Semiconductors & Semiconductor Equipment Industry
- Max
- 45.10%
- Q3
- 22.41%
- Median
- 11.83%
- Q1
- 2.45%
- Min
- -25.22%
A Net Profit Margin of 45.10% places TSM in the upper quartile for the Semiconductors & Semiconductor Equipment industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
AAPL
32.38%
Technology Hardware, Storage & Peripherals Industry
- Max
- 22.21%
- Q3
- 11.23%
- Median
- 7.39%
- Q1
- 3.57%
- Min
- -1.25%
AAPL's Operating Profit Margin of 32.38% is exceptionally high, placing it well above the typical range for the Technology Hardware, Storage & Peripherals industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
TSM
50.82%
Semiconductors & Semiconductor Equipment Industry
- Max
- 60.38%
- Q3
- 28.32%
- Median
- 13.08%
- Q1
- 5.01%
- Min
- -26.89%
An Operating Profit Margin of 50.82% places TSM in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| Return on Equity (TTM) | 159.94% | 35.12% |
| Return on Assets (TTM) | 33.62% | 23.35% |
| Net Profit Margin (TTM) | 27.04% | 45.10% |
| Operating Profit Margin (TTM) | 32.38% | 50.82% |
| Gross Profit Margin (TTM) | 47.33% | 59.89% |
Financial Strength
Current Ratio (MRQ)
AAPL
0.97
Technology Hardware, Storage & Peripherals Industry
- Max
- 3.32
- Q3
- 2.03
- Median
- 1.46
- Q1
- 1.17
- Min
- 0.70
AAPL's Current Ratio of 0.97 falls into the lower quartile for the Technology Hardware, Storage & Peripherals industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
TSM
2.62
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.51
- Q3
- 4.39
- Median
- 2.91
- Q1
- 2.26
- Min
- 1.09
TSM's Current Ratio of 2.62 aligns with the median group of the Semiconductors & Semiconductor Equipment industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
AAPL
1.03
Technology Hardware, Storage & Peripherals Industry
- Max
- 1.03
- Q3
- 0.77
- Median
- 0.29
- Q1
- 0.14
- Min
- 0.00
AAPL's leverage is in the upper quartile of the Technology Hardware, Storage & Peripherals industry, with a Debt-to-Equity Ratio of 1.03. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
TSM
0.18
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.34
- Q3
- 0.56
- Median
- 0.23
- Q1
- 0.02
- Min
- 0.00
TSM's Debt-to-Equity Ratio of 0.18 is typical for the Semiconductors & Semiconductor Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
AAPL
622.51
Technology Hardware, Storage & Peripherals Industry
- Max
- 41.25
- Q3
- 29.14
- Median
- 8.92
- Q1
- 2.73
- Min
- -23.93
With an Interest Coverage Ratio of 622.51, AAPL demonstrates a superior capacity to service its debt, placing it well above the typical range for the Technology Hardware, Storage & Peripherals industry. This stems from either robust earnings or a conservative debt load.
TSM
8.32
Semiconductors & Semiconductor Equipment Industry
- Max
- 158.70
- Q3
- 65.13
- Median
- 17.46
- Q1
- 2.75
- Min
- -42.79
TSM's Interest Coverage Ratio of 8.32 is positioned comfortably within the norm for the Semiconductors & Semiconductor Equipment industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| Current Ratio (MRQ) | 0.97 | 2.62 |
| Quick Ratio (MRQ) | 0.94 | 2.42 |
| Debt-to-Equity Ratio (MRQ) | 1.03 | 0.18 |
| Interest Coverage Ratio (TTM) | 622.51 | 8.32 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 15.65% | 20.45% |
| Revenue Growth (TTM vs Prior YoY) | 10.07% | 31.61% |
| 3-Year Revenue CAGR | 1.81% | 18.94% |
| 5-Year Revenue CAGR | 8.68% | 23.25% |
EPS Growth
EPS Growth at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 18.54% | 34.97% |
| EPS Growth (TTM vs Prior YoY) | 25.65% | 46.42% |
| 3-Year EPS CAGR | 6.89% | 19.11% |
| 5-Year EPS CAGR | 17.91% | 27.10% |
Dividend
Dividend Yield (TTM)
AAPL
0.42%
Technology Hardware, Storage & Peripherals Industry
- Max
- 6.14%
- Q3
- 3.38%
- Median
- 1.91%
- Q1
- 0.03%
- Min
- 0.00%
AAPL's Dividend Yield of 0.42% is consistent with its peers in the Technology Hardware, Storage & Peripherals industry, providing a dividend return that is standard for its sector.
TSM
0.98%
Semiconductors & Semiconductor Equipment Industry
- Max
- 2.18%
- Q3
- 1.06%
- Median
- 0.45%
- Q1
- 0.00%
- Min
- 0.00%
TSM's Dividend Yield of 0.98% is consistent with its peers in the Semiconductors & Semiconductor Equipment industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
AAPL
13.15%
Technology Hardware, Storage & Peripherals Industry
- Max
- 136.56%
- Q3
- 69.54%
- Median
- 38.88%
- Q1
- 0.00%
- Min
- 0.00%
AAPL's Dividend Payout Ratio of 13.15% is within the typical range for the Technology Hardware, Storage & Peripherals industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
TSM
27.17%
Semiconductors & Semiconductor Equipment Industry
- Max
- 168.19%
- Q3
- 77.31%
- Median
- 26.23%
- Q1
- 0.00%
- Min
- 0.00%
TSM's Dividend Payout Ratio of 27.17% is within the typical range for the Semiconductors & Semiconductor Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.42% | 0.98% |
| Dividend Payout Ratio (TTM) | 13.15% | 27.17% |
Valuation
Price-to-Earnings Ratio (TTM)
AAPL
31.01
Technology Hardware, Storage & Peripherals Industry
- Max
- 31.01
- Q3
- 23.25
- Median
- 14.04
- Q1
- 12.10
- Min
- 7.09
A P/E Ratio of 31.01 places AAPL in the upper quartile for the Technology Hardware, Storage & Peripherals industry. This high valuation relative to peers suggests the market holds elevated expectations for the company's future growth.
TSM
27.78
Semiconductors & Semiconductor Equipment Industry
- Max
- 104.33
- Q3
- 60.17
- Median
- 44.10
- Q1
- 29.50
- Min
- 13.36
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, TSM's P/E Ratio of 27.78 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Price-to-Sales Ratio (TTM)
AAPL
8.39
Technology Hardware, Storage & Peripherals Industry
- Max
- 5.32
- Q3
- 2.77
- Median
- 0.92
- Q1
- 0.46
- Min
- 0.03
With a P/S Ratio of 8.39, AAPL trades at a valuation that eclipses even the highest in the Technology Hardware, Storage & Peripherals industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
TSM
12.53
Semiconductors & Semiconductor Equipment Industry
- Max
- 26.34
- Q3
- 12.53
- Median
- 5.61
- Q1
- 3.02
- Min
- 1.07
TSM's P/S Ratio of 12.53 aligns with the market consensus for the Semiconductors & Semiconductor Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
AAPL
45.87
Technology Hardware, Storage & Peripherals Industry
- Max
- 9.86
- Q3
- 5.67
- Median
- 1.96
- Q1
- 1.07
- Min
- 0.31
At 45.87, AAPL's P/B Ratio is at an extreme premium to the Technology Hardware, Storage & Peripherals industry. This signifies that the market's valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
TSM
7.27
Semiconductors & Semiconductor Equipment Industry
- Max
- 15.44
- Q3
- 7.99
- Median
- 3.98
- Q1
- 1.93
- Min
- 0.69
TSM's P/B Ratio of 7.27 is within the conventional range for the Semiconductors & Semiconductor Equipment industry. This shows a balanced market view, where the stock's price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AAPL | TSM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 31.01 | 27.78 |
| Price-to-Sales Ratio (TTM) | 8.39 | 12.53 |
| Price-to-Book Ratio (MRQ) | 45.87 | 7.27 |
| Price-to-Free Cash Flow Ratio (TTM) | 29.62 | 47.59 |