WallStSmart

Toast Inc (TOST)vsTaiwan Semiconductor Manufacturing (TSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Taiwan Semiconductor Manufacturing generates 66598% more annual revenue ($4.10T vs $6.15B). TSM leads profitability with a 46.5% profit margin vs 5.6%. TOST appears more attractively valued with a PEG of 0.24. TSM earns a higher WallStSmart Score of 84/100 (A-).

TOST

Strong Buy

65

out of 100

Grade: B-

Growth: 9.3Profit: 6.0Value: 7.3Quality: 7.3
Piotroski: 4/9Altman Z: 3.54

TSM

Exceptional Buy

84

out of 100

Grade: A-

Growth: 9.3Profit: 10.0Value: 6.7Quality: 9.0
Piotroski: 6/9Altman Z: 3.86
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

TOSTUndervalued (+47.0%)

Margin of Safety

+47.0%

Fair Value

$52.92

Current Price

$28.52

$24.40 discount

UndervaluedFair: $52.92Overvalued
TSMUndervalued (+72.4%)

Margin of Safety

+72.4%

Fair Value

$1399.41

Current Price

$396.06

$1003.35 discount

UndervaluedFair: $1399.41Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

TOST4 strengths · Avg: 9.5/10
PEG RatioValuation
0.2410/10

Growing faster than its price suggests

EPS GrowthGrowth
228.2%10/10

Earnings expanding 228.2% YoY

Altman Z-ScoreHealth
3.5410/10

Safe zone — low bankruptcy risk

Revenue GrowthGrowth
22.0%8/10

Revenue surging 22.0% year-over-year

TSM6 strengths · Avg: 10.0/10
Market CapQuality
$2.04T10/10

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

TOST2 concerns · Avg: 2.5/10
Profit MarginProfitability
5.6%3/10

5.6% margin — thin

P/E RatioValuation
51.8x2/10

Premium valuation, high expectations priced in

TSM2 concerns · Avg: 3.0/10
P/E RatioValuation
33.7x4/10

Premium valuation, high expectations priced in

Price/BookValuation
60.6x2/10

Trading at 60.6x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : TOST

The strongest argument for TOST centers on PEG Ratio, EPS Growth, Altman Z-Score. Revenue growth of 22.0% demonstrates continued momentum. PEG of 0.24 suggests the stock is reasonably priced for its growth.

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 : TOST

The primary concerns for TOST are Profit Margin, P/E Ratio. A P/E of 51.8x leaves little room for execution misses.

Bear Case : TSM

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

Key Dynamics to Monitor

TOST carries more volatility with a beta of 1.90 — expect wider price swings.

TSM is growing revenue faster at 35.1% — sustainability is the question.

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

Monitor SOFTWARE - INFRASTRUCTURE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TSM scores higher overall (84/100 vs 65/100), backed by strong 46.5% margins and 35.1% revenue growth. TOST offers better value entry with a 47.0% margin of safety. Both earn "Exceptional Buy" and "Strong 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.

Toast Inc

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · USA

Toast, Inc. operates a cloud-based technology platform for the restaurant industry in the United States and Ireland. The company is headquartered in Boston, Massachusetts.

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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