WallStSmart

Penguin Solutions, Inc. (PENG)vsTaiwan Semiconductor Manufacturing (TSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Taiwan Semiconductor Manufacturing generates 295400% more annual revenue ($4.44T vs $1.50B). TSM leads profitability with a 49.9% profit margin vs 6.5%. TSM trades at a lower P/E of 35.5x. TSM earns a higher WallStSmart Score of 86/100 (A).

PENG

Buy

60

out of 100

Grade: C+

Growth: 7.3Profit: 5.5Value: 4.7Quality: 5.5
Piotroski: 4/9Altman Z: 1.80

TSM

Exceptional Buy

86

out of 100

Grade: A

Growth: 9.3Profit: 10.0Value: 7.3Quality: 9.0
Piotroski: 6/9Altman Z: 3.85
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for PENG.

TSMUndervalued (+55.0%)

Margin of Safety

+55.0%

Fair Value

$897.55

Current Price

$420.04

$477.51 discount

UndervaluedFair: $897.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PENG2 strengths · Avg: 10.0/10
Revenue GrowthGrowth
47.6%10/10

Revenue surging 47.6% year-over-year

EPS GrowthGrowth
544.0%10/10

Earnings expanding 544.0% YoY

TSM6 strengths · Avg: 10.0/10
Market CapQuality
$2.09T10/10

Mega-cap, among the largest globally

Return on EquityProfitability
34.9%10/10

Every $100 of equity generates 35 in profit

Profit MarginProfitability
49.9%10/10

Keeps 50 of every $100 in revenue as profit

Operating MarginProfitability
60.3%10/10

Strong operational efficiency at 60.3%

Revenue GrowthGrowth
36.0%10/10

Revenue surging 36.0% year-over-year

EPS GrowthGrowth
77.4%10/10

Earnings expanding 77.4% YoY

Areas to Watch

PENG4 concerns · Avg: 3.5/10
P/E RatioValuation
38.2x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.804/10

Grey zone — moderate risk

Profit MarginProfitability
6.5%3/10

6.5% margin — thin

Debt/EquityHealth
1.143/10

Elevated debt levels

TSM2 concerns · Avg: 3.0/10
P/E RatioValuation
35.5x4/10

Premium valuation, high expectations priced in

Price/BookValuation
87.5x2/10

Trading at 87.5x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : PENG

The strongest argument for PENG centers on Revenue Growth, EPS Growth. Revenue growth of 47.6% 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 49.9% and operating margin at 60.3%. Revenue growth of 36.0% demonstrates continued momentum.

Bear Case : PENG

The primary concerns for PENG are P/E Ratio, Altman Z-Score, Profit Margin.

Bear Case : TSM

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

Key Dynamics to Monitor

PENG profiles as a hypergrowth stock while TSM is a growth play — different risk/reward profiles.

PENG carries more volatility with a beta of 2.83 — expect wider price swings.

PENG is growing revenue faster at 47.6% — sustainability is the question.

TSM generates stronger free cash flow (287.4B), providing more financial flexibility.

Bottom Line

TSM scores higher overall (86/100 vs 60/100), backed by strong 49.9% margins and 36.0% revenue growth. Both earn "Exceptional Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Penguin Solutions, Inc.

TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES · USA

Penguin Solutions, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. The company is headquartered in Grand Cayman, Cayman Islands.

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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