SKHY vs. TSM: SK hynix vs. TSMC Stock Comparison

Company Profile

SK hynix (SKHY) 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.

TSMC (TSM) has been public since October 9, 1997, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.

Both SK hynix (SKHY) and TSMC (TSM) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

SK hynix (SKHY) reports a negative beta of -0.33, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. TSMC (TSM) has a non-negative beta of 1.38.

Risk-Adjusted Performance

Risk-Return Positioning

Both SKHY and TSM need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Both companies show strong equity returns, but SK hynix (SKHY) at 354.06% is the standout with ROE above its industry range; TSMC (TSM) at 39.97% also sits in the top quartile.

SK hynix (SKHY) at 85.62% keeps the most of each sales dollar — above its industry’s net margin range — and TSMC (TSM) at 49.92% also retains a top-quartile share.

Before financing and tax, both SK hynix (SKHY) at 76.33% and TSMC (TSM) at 60.34% run unusually efficient core operations — each operating margin clears its industry’s benchmark range.

Profitability Metrics

Growth

Both SK hynix (SKHY) at 46.76% and TSMC (TSM) at 31.61% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Both SK hynix (SKHY) at 112.46% and TSMC (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.

Growth Metrics

Financial Strength

TSMC (TSM) at 2.46 keeps current ratio within its industry’s typical mid-range, while SK hynix (SKHY) at 17.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

TSMC (TSM) at 0.17 carries an industry-typical debt-to-equity mix, while SK hynix (SKHY) at 0.72 uses more debt funding than most peers.

Financial Strength Metrics

Dividends

Both SK hynix (SKHY) at 1,991.50% and TSMC (TSM) at 6.07% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

SK hynix (SKHY) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile TSMC (TSM) reports a payout of 25.74%, ranking against industry peers normally.

Dividend Metrics

Valuation

Both SK hynix (SKHY) at 11.10 and TSMC (TSM) at 31.95 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

Both SK hynix (SKHY) at 0.01 and TSMC (TSM) at 0.51 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

Measured against book value, both SK hynix (SKHY) at 408.78 and TSMC (TSM) at 88.66 look expensive — each P/B ratio sits above its industry’s benchmark range.

Valuation Metrics