KEYS vs. TSM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at KEYS and TSM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
KEYS is a standard domestic listing, while TSM trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
| Symbol | KEYS | TSM |
|---|---|---|
| Company Name | Keysight Technologies, Inc. | Taiwan Semiconductor Manufacturing Company Limited |
| Country | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Semiconductors & Semiconductor Equipment |
| Market Capitalization | 30.26 billion USD | 1,470.04 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 20, 2014 | October 9, 1997 |
| Security Type | Common Stock | ADR |
Historical Performance
This chart compares the performance of KEYS 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 | KEYS | TSM |
|---|---|---|
| 5-Day Price Return | -2.42% | -3.05% |
| 13-Week Price Return | 9.58% | 21.19% |
| 26-Week Price Return | 8.48% | 49.43% |
| 52-Week Price Return | 13.83% | 17.52% |
| Month-to-Date Return | -2.13% | -4.67% |
| Year-to-Date Return | 11.47% | 33.02% |
| 10-Day Avg. Volume | 1.29M | 31.79M |
| 3-Month Avg. Volume | 1.04M | 33.56M |
| 3-Month Volatility | 28.64% | 25.73% |
| Beta | 1.19 | 1.29 |
Profitability
Return on Equity (TTM)
KEYS
10.15%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
KEYS’s Return on Equity of 10.15% is on par with the norm for the Electronic Equipment, Instruments & Components industry, indicating its profitability relative to shareholder equity is typical for the sector.
TSM
34.44%
Semiconductors & Semiconductor Equipment Industry
- Max
- 49.05%
- Q3
- 22.19%
- Median
- 7.96%
- Q1
- 0.99%
- Min
- -15.65%
In the upper quartile for the Semiconductors & Semiconductor Equipment industry, TSM’s Return on Equity of 34.44% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
KEYS
10.38%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
A Net Profit Margin of 10.38% places KEYS in the upper quartile for the Electronic Equipment, Instruments & Components industry, signifying strong profitability and more effective cost management than most of its peers.
TSM
43.70%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 24.47%
- Median
- 11.88%
- Q1
- 0.60%
- Min
- -25.46%
A Net Profit Margin of 43.70% 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)
KEYS
16.96%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
An Operating Profit Margin of 16.96% places KEYS in the upper quartile for the Electronic Equipment, Instruments & Components industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
TSM
49.48%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.76%
- Median
- 12.14%
- Q1
- 3.29%
- Min
- -32.60%
An Operating Profit Margin of 49.48% 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 | KEYS | TSM |
|---|---|---|
| Return on Equity (TTM) | 10.15% | 34.44% |
| Return on Assets (TTM) | 5.46% | 22.52% |
| Net Profit Margin (TTM) | 10.38% | 43.70% |
| Operating Profit Margin (TTM) | 16.96% | 49.48% |
| Gross Profit Margin (TTM) | 62.37% | 58.98% |
Financial Strength
Current Ratio (MRQ)
KEYS
3.59
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
KEYS’s Current Ratio of 3.59 is in the upper quartile for the Electronic Equipment, Instruments & Components industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
TSM
2.69
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.57
- Q3
- 4.28
- Median
- 2.86
- Q1
- 2.22
- Min
- 1.02
TSM’s Current Ratio of 2.69 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)
KEYS
0.45
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
KEYS’s Debt-to-Equity Ratio of 0.45 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
TSM
0.19
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.18
- Q3
- 0.48
- Median
- 0.24
- Q1
- 0.01
- Min
- 0.00
TSM’s Debt-to-Equity Ratio of 0.19 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)
KEYS
55.28
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
KEYS’s Interest Coverage Ratio of 55.28 is in the upper quartile for the Electronic Equipment, Instruments & Components industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
TSM
8.32
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 81.21
- Median
- 22.37
- Q1
- 6.43
- Min
- -7.80
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 | KEYS | TSM |
|---|---|---|
| Current Ratio (MRQ) | 3.59 | 2.69 |
| Quick Ratio (MRQ) | 2.74 | 2.47 |
| Debt-to-Equity Ratio (MRQ) | 0.45 | 0.19 |
| Interest Coverage Ratio (TTM) | 55.28 | 8.32 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
KEYS
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
KEYS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
TSM
1.19%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.58%
- Q3
- 1.59%
- Median
- 0.61%
- Q1
- 0.00%
- Min
- 0.00%
TSM’s Dividend Yield of 1.19% 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)
KEYS
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
KEYS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
TSM
27.78%
Semiconductors & Semiconductor Equipment Industry
- Max
- 211.90%
- Q3
- 88.01%
- Median
- 25.84%
- Q1
- 0.00%
- Min
- 0.00%
TSM’s Dividend Payout Ratio of 27.78% 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 | KEYS | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.19% |
| Dividend Payout Ratio (TTM) | 0.00% | 27.78% |
Valuation
Price-to-Earnings Ratio (TTM)
KEYS
56.57
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
A P/E Ratio of 56.57 places KEYS in the upper quartile for the Electronic Equipment, Instruments & Components industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
TSM
23.37
Semiconductors & Semiconductor Equipment Industry
- Max
- 95.58
- Q3
- 58.67
- Median
- 34.77
- Q1
- 25.45
- Min
- 12.63
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, TSM’s P/E Ratio of 23.37 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Price-to-Sales Ratio (TTM)
KEYS
5.87
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
KEYS’s P/S Ratio of 5.87 is in the upper echelon for the Electronic Equipment, Instruments & Components industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
TSM
10.21
Semiconductors & Semiconductor Equipment Industry
- Max
- 18.34
- Q3
- 10.38
- Median
- 5.38
- Q1
- 2.49
- Min
- 0.32
TSM’s P/S Ratio of 10.21 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)
KEYS
4.97
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
KEYS’s P/B Ratio of 4.97 is in the upper tier for the Electronic Equipment, Instruments & Components industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
TSM
6.77
Semiconductors & Semiconductor Equipment Industry
- Max
- 16.22
- Q3
- 8.33
- Median
- 4.39
- Q1
- 1.79
- Min
- 0.30
TSM’s P/B Ratio of 6.77 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 | KEYS | TSM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 56.57 | 23.37 |
| Price-to-Sales Ratio (TTM) | 5.87 | 10.21 |
| Price-to-Book Ratio (MRQ) | 4.97 | 6.77 |
| Price-to-Free Cash Flow Ratio (TTM) | 21.75 | 41.71 |
