RGTI vs. TSM: Rigetti Computing vs. Taiwan Semiconductor Mfg Stock Comparison

Company Profile

Rigetti Computing (RGTI) and Taiwan Semiconductor Mfg (TSM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Taiwan Semiconductor Mfg (TSM) is a mega-cap company at 1,947.21 billion USD, while Rigetti Computing (RGTI) is mid-cap at 3.92 billion USD — a noticeably different scale category that can shape how their valuation multiples are read.

Taiwan Semiconductor Mfg (TSM) has more than two decades of public-market history since October 9, 1997, whereas Rigetti Computing (RGTI) listed on April 22, 2021 and has a much shorter record to draw on.

Rigetti Computing (RGTI) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Rigetti Computing (RGTI) reports a negative ROE of -43.77%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Taiwan Semiconductor Mfg (TSM) reports 41.86%, ranking against industry peers normally.

Taiwan Semiconductor Mfg (TSM) at 51.12% keeps a top-quartile share of each sales dollar as profit, while Rigetti Computing (RGTI) at 0.00% keeps a bottom-quartile share.

Rigetti Computing (RGTI) reports a negative operating margin of -546.17%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Taiwan Semiconductor Mfg (TSM) reports 58.66%, ranking against industry peers normally.

Profitability Metrics

Growth

Taiwan Semiconductor Mfg (TSM) at 31.61% sits in the top revenue growth quartile, while Rigetti Computing (RGTI) at -34.31% is in the bottom quartile, showing a clear gap in revenue momentum.

Only one side can be read here: Taiwan Semiconductor Mfg (TSM) reports EPS growth of 46.41%, ranked against its industry; Rigetti Computing (RGTI) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Both Rigetti Computing (RGTI) at 3.94 and Taiwan Semiconductor Mfg (TSM) at 2.51 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

Rigetti Computing (RGTI) at 0.01 keeps leverage in the lower industry quartile, while Taiwan Semiconductor Mfg (TSM) at 0.12 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Rigetti Computing (RGTI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Taiwan Semiconductor Mfg (TSM) reports a yield of 1.70%, ranking against industry peers normally.

Rigetti Computing (RGTI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Taiwan Semiconductor Mfg (TSM) reports a payout of 24.46%, ranking against industry peers normally.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Taiwan Semiconductor Mfg (TSM) trades at 24.33 times trailing earnings, ranked against its peers, while Rigetti Computing (RGTI) has no P/E ratio this period.

Taiwan Semiconductor Mfg (TSM) at 0.39 sits in the cheaper P/S ratio quartile while Rigetti Computing (RGTI) at 293.70 prices above its industry range — a wide gap in sales valuation between them.

Rigetti Computing (RGTI) at 7.29 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.

Valuation Metrics