Micron Technology (MU) vs. TSMC (TSM)
This page compares Micron Technology (MU) with TSMC (TSM) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Micron Technology (MU) 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.
Micron Technology (MU) trades as a standard ordinary-equity line, while TSMC (TSM) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | MU | TSM |
|---|---|---|
| Name | Micron Technology, 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 | 1,055.43 billion USD | 2,219.40 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 1, 1984 | October 9, 1997 |
| Security Type | Common Stock | ADR |
Valuation
Price-to-Earnings Ratio (TTM)
Both Micron Technology (MU) at 44.25 and TSMC (TSM) at 36.76 trade in the lower-multiple quartile for Price-to-Earnings Ratio (TTM) among industry peers, indicating lower trailing earnings multiples than typical peers.
MU
Semiconductors & Semiconductor Equipment industry group
44.25
- Max
- 249.03
- Q3
- 128.05
- Median
- 64.96
- Q1
- 44.86
- Min
- 6.63
TSM
Semiconductors & Semiconductor Equipment industry group
36.76
- Max
- 249.03
- Q3
- 128.05
- Median
- 64.96
- Q1
- 44.86
- Min
- 6.63
Price-to-Sales Ratio (TTM)
TSMC (TSM) at 0.54 sits in the cheaper Price-to-Sales Ratio (TTM) quartile while Micron Technology (MU) at 18.16 prices around its industry’s middle — TSM costs less per dollar of sales, though read it alongside growth and margins.
MU
Semiconductors & Semiconductor Equipment industry group
18.16
- Max
- 37.59
- Q3
- 20.61
- Median
- 9.67
- Q1
- 4.25
- Min
- 0.01
TSM
Semiconductors & Semiconductor Equipment industry group
0.54
- Max
- 37.59
- Q3
- 20.61
- Median
- 9.67
- Q1
- 4.25
- Min
- 0.01
Price-to-Book Ratio (MRQ)
Both look rich against book: Micron Technology (MU) at 14.57 sits in the upper Price-to-Book Ratio (MRQ) quartile, and TSMC (TSM) at 65.46 prices even higher, above its industry range.
MU
Semiconductors & Semiconductor Equipment industry group
14.57
- Max
- 25.80
- Q3
- 14.33
- Median
- 7.69
- Q1
- 3.77
- Min
- 0.22
TSM
Semiconductors & Semiconductor Equipment industry group
65.46
- Max
- 25.80
- Q3
- 14.33
- Median
- 7.69
- Q1
- 3.77
- Min
- 0.22
Valuation at a Glance
| Symbol | MU | TSM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 44.25 | 36.76 |
| Price-to-Sales Ratio (TTM) | 18.16 | 0.54 |
| Price-to-Book Ratio (MRQ) | 14.57 | 65.46 |
| Free Cash Flow Yield | 0.27% | 32.40% |
Profitability
Return on Equity (TTM)
Both Micron Technology (MU) at 39.82% and TSMC (TSM) at 36.21% rank in the top quartile for Return on Equity (TTM) among industry peers, indicating strong returns on shareholders’ equity.
MU
Semiconductors & Semiconductor Equipment industry group
39.82%
- Max
- 39.82%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
TSM
Semiconductors & Semiconductor Equipment industry group
36.21%
- Max
- 39.82%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
Net Profit Margin (TTM)
For every dollar of sales, both Micron Technology (MU) at 41.49% and TSMC (TSM) at 46.51% retain more as net profit than most peers, landing in the top Net Profit Margin (TTM) quartile of their industries.
MU
Semiconductors & Semiconductor Equipment industry group
41.49%
- Max
- 57.72%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
TSM
Semiconductors & Semiconductor Equipment industry group
46.51%
- Max
- 57.72%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
Operating Profit Margin (TTM)
Micron Technology (MU) at 67.62% runs the leaner core operation — above its industry’s Operating Profit Margin (TTM) range — and TSMC (TSM) at 58.11% also operates in the top quartile.
MU
Semiconductors & Semiconductor Equipment industry group
67.62%
- Max
- 65.60%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
TSM
Semiconductors & Semiconductor Equipment industry group
58.11%
- Max
- 65.60%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
Profitability at a Glance
| Symbol | MU | TSM |
|---|---|---|
| Return on Equity (TTM) | 39.82% | 36.21% |
| Return on Assets (TTM) | 20.15% | 17.32% |
| Net Profit Margin (TTM) | 41.49% | 46.51% |
| Operating Profit Margin (TTM) | 67.62% | 58.11% |
| Gross Profit Margin (TTM) | 58.44% | 61.87% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | MU | TSM |
|---|---|---|
| 1-Year Revenue Growth | 48.85% | 31.61% |
| 3-Year Revenue CAGR | 6.71% | 18.94% |
EPS Growth
EPS Growth at a Glance
| Symbol | MU | TSM |
|---|---|---|
| 1-Year EPS Growth | 984.29% | 46.41% |
| 3-Year EPS CAGR | -0.69% | 19.12% |
Financial Strength
Current Ratio (MRQ)
Both Micron Technology (MU) at 2.90 and TSMC (TSM) at 2.49 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.
MU
Semiconductors & Semiconductor Equipment industry group
2.90
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- Q1
- 2.37
- Min
- 0.51
TSM
Semiconductors & Semiconductor Equipment industry group
2.49
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- Q1
- 2.37
- Min
- 0.51
Debt-to-Equity Ratio (MRQ)
Both Micron Technology (MU) at 0.15 and TSMC (TSM) at 0.18 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.
MU
Semiconductors & Semiconductor Equipment industry group
0.15
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.04
- Min
- 0.00
TSM
Semiconductors & Semiconductor Equipment industry group
0.18
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.04
- Min
- 0.00
Financial Strength at a Glance
| Symbol | MU | TSM |
|---|---|---|
| Current Ratio (MRQ) | 2.90 | 2.49 |
| Debt-to-Equity Ratio (MRQ) | 0.15 | 0.18 |
| Net Debt / EBITDA | -0.10 | -0.80 |
Dividends
Dividend Yield (TTM)
TSMC (TSM) at 0.89% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Micron Technology (MU) at 0.06%, which sits around the industry mid-range.
MU
Semiconductors & Semiconductor Equipment industry group
0.06%
- Max
- 1.15%
- Q3
- 0.46%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
0.89%
- Max
- 1.15%
- Q3
- 0.46%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Micron Technology (MU) at 2.17% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. TSMC (TSM) at 27.93% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
MU
Semiconductors & Semiconductor Equipment industry group
2.17%
- Max
- 41.26%
- Q3
- 19.10%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
27.93%
- Max
- 41.26%
- Q3
- 19.10%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | MU | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.06% | 0.89% |
| Dividend Payout Ratio (TTM) | 2.17% | 27.93% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | MU | TSM |
|---|---|---|
| 1-Year Return | 776.52% | 110.59% |
| 1-Year Volatility | 68.82% | 36.47% |
| Beta | 2.17 | 1.37 |
| 3-Month Avg. Volume | 49.48M | 13.57M |