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STOCK COMPARISON

Taiwan Semiconductor Manufacturing Co. vs Nvidia: Fair Value & Quality

Both stocks run through our valuation models. Here is how Taiwan Semiconductor Manufacturing Co. (2330) and Nvidia (NVDA) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees Taiwan Semiconductor Manufacturing Co. as the less overvalued of the two: Taiwan Semiconductor Manufacturing Co. trades at TWD 2,370 versus a fair value of TWD 1,325 (-44%), while Nvidia trades at $219 versus $96.91 (-56%).
Taiwan Semiconductor Manufacturing Co.
2330.TW · TWD · Information Technology
-44%
upside to fair value
overvalued
PriceTWD 2,370
Fair ValueTWD 1,325
Quality74/100
Nvidia
NVDA · USD · Information Technology
-56%
upside to fair value
overvalued
Price$219
Fair Value$96.91
Quality68/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Taiwan Semiconductor Manufacturing Co.Nvidia
Valuation
26.8×P/E (TTM)32.3×
14.47×P/S (TTM)20.16×
10.96×P/B32.48×
20.1×EV/EBITDA30.9×
0.91×PEG0.65×
Dividend yield0.0%
TWD 24.00Dividend per share$0.04
Profitability
47%Net margin63%
58%Operating margin66%
36%Return on equity114%
17%Return on assets53%
Growth
35%Revenue growth (YoY)85%
18.9%Avg. growth/yr (3Y)100.0%
23.3%Avg. growth/yr (5Y)66.9%
Balance & size
0.17×Debt / equity0.05×
$1.8TMarket cap$5.1T
expensiveGrowth qualityhealthy

Nvidia leads: 4 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Taiwan Semiconductor Manufacturing Co.of which business quality 73 · market factors 75 Nvidiaof which business quality 74 · market factors 52
ProfitabilityMargins and returns on capital today
76
96
Quality GrowthAre margins and returns improving?
80
34
CashflowEarnings quality: real cash, not paper profit
69
81
Fin. StrengthBalance sheet, leverage, solvency risk
98
83
InvestmentDisciplined investing over empire-building
5
32
Low VolatilityCalm price path (market factor)
51
26
MomentumPrice trend over the last 3–12 months (market factor)
79
59
52W MomentumDistance to the 52-week high (market factor)
94
68
Net IssuanceBuybacks instead of dilution
82
91

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Taiwan Semiconductor Manufacturing Co.

DCF ModelsTWD 1,640
Earnings-BasedTWD 1,147
Dividend DiscountTWD 344
MultiplesTWD 976
Asset-BasedTWD 140
Growth DCFTWD 1,082
Economic ProfitTWD 888
Growth EarningsTWD 1,608

25 of 26 models see the stock below the current price.

Nvidia

DCF Models$128
Earnings-Based$148
Dividend Discount$0.77
Multiples$47.03
Asset-Based$4.35
Growth DCF$92.69
Economic Profit$106
Growth Earnings$179

25 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Taiwan Semiconductor Manufacturing Co.
Bear TWD 845Fair Value TWD 1,325Bull TWD 2,090
TWD 2,370 = current price (white tick)
Nvidia
Bear $53.60Fair Value $96.91Bull $178
$219 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Taiwan Semiconductor Manufacturing Co. · Information Technology

Quality score74 · Top 25%
Fair value upside-44% · below median

Nvidia · Information Technology

Quality score68 · Top 25%
Fair value upside-56% · below median

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees Taiwan Semiconductor Manufacturing Co. as the less overvalued of the two: Taiwan Semiconductor Manufacturing Co. trades at TWD 2,370 versus a fair value of TWD 1,325 (-44%), while Nvidia trades at $219 versus $96.91 (-56%).

Taiwan Semiconductor Manufacturing Co. has the higher quality score (74/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.