AVGO vs. TSM: Broadcom vs. TSMC Stock Comparison
How do Broadcom (AVGO) 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
Broadcom (AVGO) and TSMC (TSM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Broadcom (AVGO) trades as ordinary local shares, while TSMC (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | AVGO | TSM |
|---|---|---|
| Name | Broadcom Inc. | Taiwan Semiconductor Manufacturing Co. Ltd. ADR |
| Country/Region | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 1,778.86 billion USD | 2,343.20 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 6, 2009 | October 9, 1997 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Total Return (1Y) | 36.87% | 94.54% |
| Total Return (3Y, Annualized) | 65.96% | 68.00% |
| Total Return (5Y, Annualized) | 54.06% | 32.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Volatility (1Y, Annualized) | 46.66% | 39.31% |
| Beta (5Y) | 1.45 | 1.37 |
| Max Drawdown (5Y) | -41.15% | -56.47% |
| Avg. Volume (3M) | 26.46M | 13.84M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.71 | 2.30 |
| Sortino Ratio (1Y) | 1.05 | 3.62 |
Profitability
ROE (TTM)
Both Broadcom (AVGO) at 37.28% and TSMC (TSM) at 36.21% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
37.28%
- Max
- 39.69%
- AVGO
- 37.28%
- Q3
- 17.02%
- Median
- 6.75%
- Q1
- -4.42%
- Min
- -35.15%
TSM
Semiconductors & Semiconductor Equipment industry group
36.21%
- Max
- 39.69%
- TSM
- 36.21%
- Q3
- 17.02%
- Median
- 6.75%
- Q1
- -4.42%
- Min
- -35.15%
Net Margin (TTM)
For every dollar of sales, both Broadcom (AVGO) at 38.85% and TSMC (TSM) at 46.51% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AVGO
Semiconductors & Semiconductor Equipment industry group
38.85%
- Max
- 57.72%
- AVGO
- 38.85%
- 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%
Operating Margin (TTM)
Both Broadcom (AVGO) at 48.99% 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.
AVGO
Semiconductors & Semiconductor Equipment industry group
48.99%
- Max
- 61.85%
- AVGO
- 48.99%
- Q3
- 21.10%
- Median
- 10.10%
- Q1
- -7.89%
- Min
- -46.64%
TSM
Semiconductors & Semiconductor Equipment industry group
58.11%
- Max
- 61.85%
- TSM
- 58.11%
- Q3
- 21.10%
- Median
- 10.10%
- Q1
- -7.89%
- Min
- -46.64%
Profitability Metrics
| Metric | AVGO | TSM |
|---|---|---|
| ROE (TTM) | 37.28% | 36.21% |
| ROA (TTM) | 12.12% | 17.32% |
| Net Margin (TTM) | 38.85% | 46.51% |
| Operating Margin (TTM) | 48.99% | 58.11% |
| Gross Margin (TTM) | 76.28% | 61.87% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Revenue Growth (YoY) | 23.87% | 31.61% |
| Revenue Growth (3Y CAGR) | 24.38% | 18.94% |
EPS Growth
EPS Growth Metrics
| Metric | AVGO | TSM |
|---|---|---|
| EPS Growth (YoY) | 287.80% | 46.41% |
| EPS Growth (3Y CAGR) | 21.60% | 19.12% |
Financial Strength
Current Ratio (MRQ)
TSMC (TSM) at 2.49 keeps current ratio within its industry’s typical mid-range, while Broadcom (AVGO) at 2.24 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AVGO.
AVGO
Semiconductors & Semiconductor Equipment industry group
2.24
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.31
- Q1
- 2.40
- AVGO
- 2.24
- 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
Debt / Equity (MRQ)
TSMC (TSM) at 0.18 carries an industry-typical debt-to-equity mix, while Broadcom (AVGO) at 0.74 uses more debt funding than most peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.74
- Max
- 1.44
- AVGO
- 0.74
- Q3
- 0.63
- Median
- 0.23
- 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
Financial Strength Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Current Ratio (MRQ) | 2.24 | 2.49 |
| Debt / Equity (MRQ) | 0.74 | 0.18 |
| Net Debt / EBITDA | 1.08 | -0.80 |
Dividends
Dividend Yield (TTM)
Both Broadcom (AVGO) at 0.70% and TSMC (TSM) at 5.53% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.70%
- AVGO
- 0.70%
- Max
- 0.53%
- Q3
- 0.26%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
5.53%
- TSM
- 5.53%
- Max
- 0.53%
- Q3
- 0.26%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Broadcom (AVGO) at 41.26% and TSMC (TSM) at 27.93% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
AVGO
Semiconductors & Semiconductor Equipment industry group
41.26%
- Max
- 47.82%
- AVGO
- 41.26%
- 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%
Dividend Metrics
| Metric | AVGO | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.70% | 5.53% |
| Dividend Payout Ratio (TTM) | 41.26% | 27.93% |
Valuation
P/E Ratio (TTM)
TSMC (TSM) at 39.25 sits in the cheaper P/E ratio quartile, while Broadcom (AVGO) at 62.11 is closer to its industry’s usual earnings multiple — a discount for TSM, though growth and earnings durability still matter.
AVGO
Semiconductors & Semiconductor Equipment industry group
62.11
- Max
- 243.53
- Q3
- 136.40
- Median
- 67.69
- AVGO
- 62.11
- Q1
- 43.47
- Min
- 10.77
TSM
Semiconductors & Semiconductor Equipment industry group
39.25
- Max
- 243.53
- Q3
- 136.40
- Median
- 67.69
- Q1
- 43.47
- TSM
- 39.25
- Min
- 10.77
P/S Ratio (TTM)
TSMC (TSM) at 0.57 looks cheap on sales in the lower P/S ratio quartile, while Broadcom (AVGO) at 23.57 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
AVGO
Semiconductors & Semiconductor Equipment industry group
23.57
- Max
- 37.09
- AVGO
- 23.57
- Q3
- 19.83
- Median
- 10.07
- Q1
- 4.18
- Min
- 0.01
TSM
Semiconductors & Semiconductor Equipment industry group
0.57
- Max
- 37.09
- Q3
- 19.83
- Median
- 10.07
- Q1
- 4.18
- TSM
- 0.57
- Min
- 0.01
P/B Ratio (MRQ)
Both look rich against book: Broadcom (AVGO) at 20.29 sits in the upper P/B ratio quartile, and TSMC (TSM) at 101.69 prices even higher, above its industry range.
AVGO
Semiconductors & Semiconductor Equipment industry group
20.29
- Max
- 25.39
- AVGO
- 20.29
- Q3
- 13.30
- Median
- 7.38
- Q1
- 3.64
- Min
- 0.19
TSM
Semiconductors & Semiconductor Equipment industry group
101.69
- TSM
- 101.69
- Max
- 25.39
- Q3
- 13.30
- Median
- 7.38
- Q1
- 3.64
- Min
- 0.19
Valuation Metrics
| Metric | AVGO | TSM |
|---|---|---|
| P/E Ratio (TTM) | 62.11 | 39.25 |
| P/S Ratio (TTM) | 23.57 | 0.57 |
| P/B Ratio (MRQ) | 20.29 | 101.69 |
| Free Cash Flow Yield (TTM) | 1.53% | 30.69% |