Seek Returns

ASML vs. TSM: ASML vs. TSMC Stock Comparison

How do ASML (ASML) and TSMC (TSM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

ASML (ASML) and TSMC (TSM) both belong to the Semiconductors & Semiconductor Equipment industry, though ASML is classified under Semiconductor Materials & Equipment while TSM falls under Semiconductors.

Both ASML (ASML) and TSMC (TSM) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for ASML (ASML) and TSMC (TSM)
Profile ItemASMLTSM
NameASML Holding N.V. New York Registry SharesTaiwan Semiconductor Manufacturing Co. Ltd. ADR
Country/RegionNetherlandsTaiwan
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductor Materials & EquipmentSemiconductors
Market Capitalization692.72 billion USD2,251.50 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 15, 1995October 9, 1997
Security TypeADRADR

Price Performance

Cumulative Growth

ASML
TSM
GSPC
Loading price history…
ASML (ASML) vs. TSMC (TSM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for ASML (ASML) and TSMC (TSM). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for ASML (ASML) and TSMC (TSM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Total Return (1Y)125.84%91.03%
Total Return (3Y, Annualized)37.48%65.58%
Total Return (5Y, Annualized)22.17%31.33%

Risk Profile

Drawdown History

ASML
TSM
GSPC
Loading price history…
ASML (ASML) vs. TSMC (TSM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for ASML (ASML) and TSMC (TSM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Volatility (1Y, Annualized)45.58%39.46%
Beta (5Y)1.781.37
Max Drawdown (5Y)-56.86%-56.47%
Avg. Volume (3M)1.92M13.98M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ASML and TSM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Sharpe Ratio (1Y)2.672.20
Sortino Ratio (1Y)4.203.43

Profitability

ROE (TTM)

Both companies show strong equity returns, but ASML (ASML) at 52.24% is the standout with ROE above its industry range; TSMC (TSM) at 36.21% also sits in the top quartile.

ASML

Semiconductors & Semiconductor Equipment industry group

52.24%

ASML
52.24%
Max
39.69%
Q3
17.11%
Median
6.75%
Q1
-4.42%
Min
-35.15%

TSM

Semiconductors & Semiconductor Equipment industry group

36.21%

Max
39.69%
TSM
36.21%
Q3
17.11%
Median
6.75%
Q1
-4.42%
Min
-35.15%
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both ASML (ASML) at 29.71% and TSMC (TSM) at 46.51% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ASML

Semiconductors & Semiconductor Equipment industry group

29.71%

Max
57.72%
ASML
29.71%
Q3
21.04%
Median
7.16%
Q1
-3.57%
Min
-32.92%

TSM

Semiconductors & Semiconductor Equipment industry group

46.51%

Max
57.72%
TSM
46.51%
Q3
21.04%
Median
7.16%
Q1
-3.57%
Min
-32.92%
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both ASML (ASML) at 36.02% and TSMC (TSM) at 58.11% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

ASML

Semiconductors & Semiconductor Equipment industry group

36.02%

Max
61.85%
ASML
36.02%
Q3
21.10%
Median
10.43%
Q1
-7.89%
Min
-46.64%

TSM

Semiconductors & Semiconductor Equipment industry group

58.11%

Max
61.85%
TSM
58.11%
Q3
21.10%
Median
10.43%
Q1
-7.89%
Min
-46.64%
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
ROE (TTM)52.24%36.21%
ROA (TTM)15.66%17.32%
Net Margin (TTM)29.71%46.51%
Operating Margin (TTM)36.02%58.11%
Gross Margin (TTM)52.60%61.87%

Growth

Revenue Growth

Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their Revenue Growth across different time periods.

Revenue Growth Metrics

Revenue growth metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Revenue Growth (YoY)15.58%31.61%
Revenue Growth (3Y CAGR)15.55%18.94%

EPS Growth

Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their EPS Growth across different time periods.

EPS Growth Metrics

EPS growth metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
EPS Growth (YoY)36.49%46.41%
EPS Growth (3Y CAGR)17.79%19.12%

Financial Strength

Current Ratio (MRQ)

TSMC (TSM) at 2.49 keeps current ratio within its industry’s typical mid-range, while ASML (ASML) at 1.36 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ASML.

ASML

Semiconductors & Semiconductor Equipment industry group

1.36

Max
11.30
Q3
6.01
Median
3.31
Q1
2.40
ASML
1.36
Min
0.51

TSM

Semiconductors & Semiconductor Equipment industry group

2.49

Max
11.30
Q3
6.01
Median
3.31
TSM
2.49
Q1
2.40
Min
0.51
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both ASML (ASML) at 0.13 and TSMC (TSM) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ASML

Semiconductors & Semiconductor Equipment industry group

0.13

Max
1.44
Q3
0.63
Median
0.23
ASML
0.13
Q1
0.05
Min
0.00

TSM

Semiconductors & Semiconductor Equipment industry group

0.18

Max
1.44
Q3
0.63
Median
0.23
TSM
0.18
Q1
0.05
Min
0.00
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Current Ratio (MRQ)1.362.49
Debt / Equity (MRQ)0.130.18
Net Debt / EBITDA-0.45-0.80

Dividends

Dividend Yield (TTM)

ASML (ASML) at 0.33% earns its spot in the top quartile of its industry’s yields; TSMC (TSM) at 5.49% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

ASML

Semiconductors & Semiconductor Equipment industry group

0.33%

Max
0.63%
ASML
0.33%
Q3
0.26%
Median
0.00%
Q1
0.00%
Min
0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

5.49%

TSM
5.49%
Max
0.63%
Q3
0.26%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both ASML (ASML) at 25.82% and TSMC (TSM) at 27.93% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

ASML

Semiconductors & Semiconductor Equipment industry group

25.82%

Max
47.82%
ASML
25.82%
Q3
20.31%
Median
0.00%
Q1
0.00%
Min
0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

27.93%

Max
47.82%
TSM
27.93%
Q3
20.31%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
Dividend Yield (TTM)0.33%5.49%
Dividend Payout Ratio (TTM)25.82%27.93%

Valuation

P/E Ratio (TTM)

TSMC (TSM) at 37.75 sits in the cheaper P/E ratio quartile, while ASML (ASML) at 60.97 is closer to its industry’s usual earnings multiple — a discount for TSM, though growth and earnings durability still matter.

ASML

Semiconductors & Semiconductor Equipment industry group

60.97

Max
240.23
Q3
131.85
Median
66.66
ASML
60.97
Q1
44.38
Min
11.03

TSM

Semiconductors & Semiconductor Equipment industry group

37.75

Max
240.23
Q3
131.85
Median
66.66
Q1
44.38
TSM
37.75
Min
11.03
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

TSMC (TSM) at 0.55 looks cheap on sales in the lower P/S ratio quartile, while ASML (ASML) at 20.56 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ASML

Semiconductors & Semiconductor Equipment industry group

20.56

Max
39.03
ASML
20.56
Q3
20.18
Median
10.05
Q1
4.22
Min
0.01

TSM

Semiconductors & Semiconductor Equipment industry group

0.55

Max
39.03
Q3
20.18
Median
10.05
Q1
4.22
TSM
0.55
Min
0.01
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both ASML (ASML) at 1,617.67 and TSMC (TSM) at 98.35 look expensive — each P/B ratio sits above its industry’s benchmark range.

ASML

Semiconductors & Semiconductor Equipment industry group

1,617.67

ASML
1,617.67
Max
26.14
Q3
13.12
Median
7.47
Q1
3.68
Min
0.19

TSM

Semiconductors & Semiconductor Equipment industry group

98.35

TSM
98.35
Max
26.14
Q3
13.12
Median
7.47
Q1
3.68
Min
0.19
Loading chart…
ASML (ASML) vs. TSMC (TSM): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for ASML (ASML) and TSMC (TSM)
MetricASMLTSM
P/E Ratio (TTM)60.9737.75
P/S Ratio (TTM)20.560.55
P/B Ratio (MRQ)1,617.6798.35
Free Cash Flow Yield (TTM)1.19%31.94%