AVGO vs TSM
Broadcom Inc. Common Stock vs Taiwan Semiconductor Manufacturing Company Ltd.. Scores ACCE, valorisation, rentabilité et croissance côte à côte.
$TSM wins — and it's not particularly close
$TSM carries an ACCE score of 90/100 versus $AVGO's 74/100, and the gap is most visible in two areas: valuation and quality.
On valuation, $TSM trades at a forward P/E of 27.2 and an EV/EBITDA of 19.25. $AVGO sits at a forward P/E of 33.3 and EV/EBITDA of 44.36 — more than double. $AVGO's 6-model fair value comes in at $242.64 against a current price of $381.29, implying 36.4% downside. $TSM's analyst consensus target of $467.84 points to upside from its current $424.38.
On quality, $TSM's net margin of 46.5% and FCF yield of 50.3% are exceptional. $AVGO posts a solid 38.9% net margin but carries a D/E of 0.80 versus $TSM's lean 0.19.
$AVGO does grow faster — revenue +47.9% and earnings +85.4% year-over-year versus $TSM's +35.1% and +58.4% — but that growth comes at a steep premium. $TSM's 1Y return of 97.0% already reflects strong momentum (score: 97/100), and it delivers that performance with superior margins, minimal leverage, and a far more reasonable valuation.