WallStSmart

Cerebras Systems Inc. Class A Common Stock (CBRS)vsTaiwan Semiconductor Manufacturing (TSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Taiwan Semiconductor Manufacturing generates 804601% more annual revenue ($4.10T vs $509.99M). CBRS leads profitability with a 46.6% profit margin vs 46.5%. TSM trades at a lower P/E of 36.1x. TSM earns a higher WallStSmart Score of 84/100 (A-).

CBRS

Hold

45

out of 100

Grade: D+

Growth: 8.0Profit: 6.0Value: 4.0Quality: 5.0

TSM

Exceptional Buy

84

out of 100

Grade: A-

Growth: 9.3Profit: 10.0Value: 6.7Quality: 9.0
Piotroski: 6/9Altman Z: 3.85
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for CBRS.

TSMUndervalued (+49.5%)

Margin of Safety

+49.5%

Fair Value

$841.95

Current Price

$404.52

$437.43 discount

UndervaluedFair: $841.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CBRS4 strengths · Avg: 9.8/10
Return on EquityProfitability
38.4%10/10

Every $100 of equity generates 38 in profit

Profit MarginProfitability
46.6%10/10

Keeps 47 of every $100 in revenue as profit

Revenue GrowthGrowth
1474.0%10/10

Revenue surging 1474.0% year-over-year

Market CapQuality
$56.39B9/10

Large-cap with strong market position

TSM6 strengths · Avg: 10.0/10
Market CapQuality
$2.19T10/10

Mega-cap, among the largest globally

Return on EquityProfitability
36.2%10/10

Every $100 of equity generates 36 in profit

Profit MarginProfitability
46.5%10/10

Keeps 47 of every $100 in revenue as profit

Operating MarginProfitability
58.1%10/10

Strong operational efficiency at 58.1%

Revenue GrowthGrowth
35.1%10/10

Revenue surging 35.1% year-over-year

EPS GrowthGrowth
58.4%10/10

Earnings expanding 58.4% YoY

Areas to Watch

CBRS4 concerns · Avg: 2.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

P/E RatioValuation
626.3x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-392.79M2/10

Negative free cash flow — burning cash

Operating MarginProfitability
-30.6%1/10

Operating margin of -30.6%

TSM2 concerns · Avg: 3.0/10
P/E RatioValuation
36.1x4/10

Premium valuation, high expectations priced in

Price/BookValuation
61.9x2/10

Trading at 61.9x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : CBRS

The strongest argument for CBRS centers on Return on Equity, Profit Margin, Revenue Growth. Profitability is solid with margins at 46.6% and operating margin at -30.6%. Revenue growth of 1474.0% demonstrates continued momentum.

Bull Case : TSM

The strongest argument for TSM centers on Market Cap, Return on Equity, Profit Margin. Profitability is solid with margins at 46.5% and operating margin at 58.1%. Revenue growth of 35.1% demonstrates continued momentum.

Bear Case : CBRS

The primary concerns for CBRS are EPS Growth, P/E Ratio, Free Cash Flow. A P/E of 626.3x leaves little room for execution misses.

Bear Case : TSM

The primary concerns for TSM are P/E Ratio, Price/Book.

Key Dynamics to Monitor

CBRS is growing revenue faster at 1474.0% — sustainability is the question.

TSM generates stronger free cash flow (377.1B), providing more financial flexibility.

Monitor SEMICONDUCTORS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TSM scores higher overall (84/100 vs 45/100), backed by strong 46.5% margins and 35.1% revenue growth. Both earn "Exceptional Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Cerebras Systems Inc. Class A Common Stock

TECHNOLOGY · SEMICONDUCTORS · USA

Cerebras Systems Inc. designs and develops processors for artificial intelligence (AI) training and inference in the United States, Europe, and Asia. The company is headquartered in Sunnyvale, California.

Taiwan Semiconductor Manufacturing

TECHNOLOGY · SEMICONDUCTORS · USA

Taiwan Semiconductor Manufacturing Company, Limited is a Taiwanese multinational semiconductor contract manufacturing and design company. It is one of Taiwan's largest companies, the world's most valuable semiconductor company, and the world's largest dedicated independent (pure-play) semiconductor foundry, with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. It is majority owned by foreign investors.

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