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MU vs TSM

Micron Technology Inc. Common Stock vs Taiwan Semiconductor Manufacturing Company Ltd.. Side-by-side ACCE scores, valuation, profitability, and growth.

ACCE scores
MU
TSM
Composite score
Out of 100
88
92
Growth
100
100
Value
54
70
Quality
100
100
Momentum
97
97
Valuation
MU
TSM
Price
1015.80
434.67
Market cap
1.15T
2.25T
Trailing P/E
22.94
32.46
Forward P/E
6.55
20.70
EV / EBITDA
16.51
18.19
Dividend yield
0.1%
0.9%
Profitability
MU
TSM
ROE
66.6%
40.0%
Net margin
55.9%
49.9%
Debt / equity
0.22
0.19
Free cash flow
1.67B
1.10T
Growth
MU
TSM
Revenue growth (YoY)
3.5%
36.0%
Earnings growth (YoY)
13.7%
77.4%
Analyst target
1513.11
552.26
ACCE verdict

$TSM vs $MU — ACCE Verdict

$TSM wins this matchup, and the data makes the case cleanly.

$TSM carries an ACCE score of 89/100 versus $MU's 82/100, with a perfect Quality score of 100 compared to $MU's 96. The standout figure: $TSM's FCF yield of 45.8%, which is extraordinary for a $2.40T market-cap company and signals genuine cash generation, not just accounting profit. A 46.5% net margin and 0.19 debt-to-equity ratio round out a fortress balance sheet.

$MU's story is harder to dismiss — a 1Y return of +830.9%, ROE of 39.8%, and a forward P/E of just 10.5x suggest the market is pricing in a sharp earnings recovery. Revenue grew 196.3% and earnings grew 756.0% year-over-year, which is explosive. But the trailing P/E of 53.4x, EV/EBITDA of 34.41, and Value score of just 34/100 reflect how much of that recovery is already priced in. The analyst target of $945.60 sits below $MU's current price of $1,133.99 — a rare red flag.

$TSM trades near its analyst target of $473.40 at $462.12, offers a more defensible valuation at 29.7x forward earnings, and generates cash at a scale $MU cannot match today. $TSM is the cleaner long.

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