MKSI vs. TSM: MKS vs. Taiwan Semiconductor Mfg Stock Comparison

November 11, 2026

How do MKS (MKSI) and Taiwan Semiconductor Mfg (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

MKS (MKSI) and Taiwan Semiconductor Mfg (TSM) both belong to the Semiconductors & Semiconductor Equipment industry, though MKSI is classified under Semiconductor Materials & Equipment while TSM falls under Semiconductors.

MKS (MKSI) trades as ordinary local shares, while Taiwan Semiconductor Mfg (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Profile Item	MKSI	TSM
Name	MKS Inc.	Taiwan Semiconductor Manufacturing Company 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	Semiconductor Materials & Equipment	Semiconductors
Market Capitalization	13.00 billion USD	1,947.21 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	March 30, 1999	October 9, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

MKSI

TSM

GSPC

MKS (MKSI) vs. Taiwan Semiconductor Mfg (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

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Trailing total returns for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Total Return (1Y)	35.07%	37.26%
Total Return (3Y, Annualized)	46.46%	64.12%
Total Return (5Y, Annualized)	6.02%	28.19%

Risk Profile

Drawdown History

MKSI

TSM

GSPC

MKS (MKSI) vs. Taiwan Semiconductor Mfg (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

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Distribution of monthly total returns for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Volatility (1Y, Annualized)	62.92%	41.69%
Beta (5Y)	2.12	1.45
Max Drawdown (5Y)	-66.57%	-56.47%
Avg. Volume (3M)	1.36M	11.20M

Risk-Adjusted Performance

Risk-Return Positioning

MKSI 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 MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Sharpe Ratio (1Y)	0.49	0.79
Sortino Ratio (1Y)	0.70	1.15

Profitability

ROE (TTM)

Taiwan Semiconductor Mfg (TSM) at 41.86% sits in the top ROE quartile, while MKS (MKSI) at 20.46% is closer to the peer norm — stronger capital efficiency for TSM.

MKSI

Semiconductors & Semiconductor Equipment industry group

20.46%

Max: 52.82%
Q3: 22.26%
MKSI: 20.46%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

TSM

Semiconductors & Semiconductor Equipment industry group

41.86%

Max: 52.82%
TSM: 41.86%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Taiwan Semiconductor Mfg (TSM) at 51.12% retains a top-quartile share of revenue as profit, ahead of MKS (MKSI) at 12.62%, which keeps about the industry-typical share.

MKSI

Semiconductors & Semiconductor Equipment industry group

12.62%

Max: 63.80%
Q3: 28.36%
MKSI: 12.62%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

TSM

Semiconductors & Semiconductor Equipment industry group

51.12%

Max: 63.80%
TSM: 51.12%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Taiwan Semiconductor Mfg (TSM) at 58.66% operates in the top operating margin quartile, ahead of MKS (MKSI) at 23.21%, which runs around its industry’s norm.

MKSI

Semiconductors & Semiconductor Equipment industry group

23.21%

Max: 58.66%
Q3: 30.23%
MKSI: 23.21%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

TSM

Semiconductors & Semiconductor Equipment industry group

58.66%

TSM: 58.66%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
ROE (TTM)	20.46%	41.86%
ROA (TTM)	6.28%	20.58%
Net Margin (TTM)	12.62%	51.12%
Operating Margin (TTM)	23.21%	58.66%
Gross Margin (TTM)	47.26%	65.85%

Growth

Revenue Growth

Taiwan Semiconductor Mfg (TSM) at 31.61% sits in the top revenue growth quartile, while MKS (MKSI) at 9.62% is closer to the peer norm — faster top-line expansion for TSM.

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both MKS (MKSI) at 55.52% and Taiwan Semiconductor Mfg (TSM) at 46.41% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Revenue Growth (YoY)	9.62%	31.61%
Revenue Growth (3Y CAGR)	3.49%	18.94%
EPS Growth (YoY)	55.52%	46.41%
EPS Growth (3Y CAGR)	-7.71%	19.12%

Financial Strength

Current Ratio (MRQ)

Taiwan Semiconductor Mfg (TSM) at 2.51 keeps current ratio within its industry’s typical mid-range, while MKS (MKSI) at 1.19 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MKSI.

MKSI

Semiconductors & Semiconductor Equipment industry group

1.19

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
MKSI: 1.19
Min: 1.03

TSM

Semiconductors & Semiconductor Equipment industry group

2.51

Max: 10.33
Q3: 5.62
Median: 3.33
TSM: 2.51
Q1: 2.35
Min: 1.03

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Taiwan Semiconductor Mfg (TSM) at 0.12 carries an industry-typical debt-to-equity mix, while MKS (MKSI) at 1.22 uses more debt funding than most peers.

MKSI

Semiconductors & Semiconductor Equipment industry group

1.22

Max: 1.46
MKSI: 1.22
Q3: 0.65
Median: 0.27
Q1: 0.04
Min: 0.00

TSM

Semiconductors & Semiconductor Equipment industry group

0.12

Max: 1.46
Q3: 0.65
Median: 0.27
TSM: 0.12
Q1: 0.04
Min: 0.00

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Current Ratio (MRQ)	1.19	2.51
Debt / Equity (MRQ)	1.22	0.12
Net Debt / EBITDA	2.67	-0.89

Dividends

Dividend Yield (TTM)

MKS (MKSI) at 0.55% pays an industry-typical yield; Taiwan Semiconductor Mfg (TSM) at 1.70% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

MKSI

Semiconductors & Semiconductor Equipment industry group

0.55%

Max: 1.37%
Q3: 0.65%
MKSI: 0.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

1.70%

TSM: 1.70%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

MKS (MKSI) at 11.48% pays out a band-typical share of earnings, while Taiwan Semiconductor Mfg (TSM) at 24.46% distributes more than its industry norm — less retained, thinner cover.

MKSI

Semiconductors & Semiconductor Equipment industry group

11.48%

Max: 49.64%
Q3: 21.71%
MKSI: 11.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

24.46%

Max: 49.64%
TSM: 24.46%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
Dividend Yield (TTM)	0.55%	1.70%
Dividend Payout Ratio (TTM)	11.48%	24.46%

Valuation

P/E Ratio (TTM)

MKS (MKSI) at 22.75 sits in the cheaper P/E ratio quartile, while Taiwan Semiconductor Mfg (TSM) at 24.33 is closer to its industry’s usual earnings multiple — a discount for MKSI, though growth and earnings durability still matter.

MKSI

Semiconductors & Semiconductor Equipment industry group

22.75

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
MKSI: 22.75
Min: 8.12

TSM

Semiconductors & Semiconductor Equipment industry group

24.33

Max: 110.34
Q3: 66.81
Median: 37.02
TSM: 24.33
Q1: 23.96
Min: 8.12

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Both MKS (MKSI) at 2.72 and Taiwan Semiconductor Mfg (TSM) at 0.39 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

MKSI

Semiconductors & Semiconductor Equipment industry group

2.72

Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
MKSI: 2.72
Min: 0.00

TSM

Semiconductors & Semiconductor Equipment industry group

0.39

Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
TSM: 0.39
Min: 0.00

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

MKS (MKSI) at 3.96 sits near its industry’s typical P/B ratio, while Taiwan Semiconductor Mfg (TSM) at 71.65 prices above its benchmark range — TSM looks rich relative to book.

MKSI

Semiconductors & Semiconductor Equipment industry group

3.96

Max: 14.06
Q3: 7.44
Median: 4.29
MKSI: 3.96
Q1: 2.30
Min: 0.20

TSM

Semiconductors & Semiconductor Equipment industry group

71.65

TSM: 71.65
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

MKS (MKSI) vs. Taiwan Semiconductor Mfg (TSM): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for MKS (MKSI) and Taiwan Semiconductor Mfg (TSM)
Metric	MKSI	TSM
P/E Ratio (TTM)	22.75	24.33
P/S Ratio (TTM)	2.72	0.39
P/B Ratio (MRQ)	3.96	71.65
Free Cash Flow Yield (TTM)	4.02%	61.78%