TSM vs RGTI Stock Comparison

Taiwan Semiconductor Manufacturing and Rigetti Computing Prices as of Oct 26, 2026 Peers: Industry group
RGTI Rigetti Computing, Inc.
$11.44 -31.3% 1M -70.5% 1Y
Market cap
$3.82B
P/E
–
Revenue (TTM)
$13.35M
Div. yield
–
Quantum Computing Technology
1 win

Head to Head

7 decided of 12

Taiwan Semiconductor Manufacturing leads on 6 of the 12 questions below (Taiwan Semiconductor Manufacturing 6, Rigetti Computing 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTSMRGTILeader
Larger companyMarket capitalisation $2.20T $3.82B TSM
Cheaper on earningsLower P/E, profitable companies only 28.0x -16.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.3x — –
Faster revenue growthRevenue growth, trailing twelve months +34.4% +68.5% RGTI
More profitableNet margin, trailing twelve months 55.0% -1,787.4% TSM
Better return on capitalReturn on invested capital 33.4% — –
Less leveragedLower net debt / EBITDA -1.0x — –
Higher dividend yieldTrailing dividend yield 0.90% — –
Better 1-year returnPrice return, last 12 months +43.9% -70.5% TSM
Better 5-year returnAnnualised price return, 5 years +30.1%/yr +2.1%/yr TSM
Less volatileAnnualised volatility, 1 year 39.2% 93.9% TSM
Higher overall scoreMean of the five percentile scores vs peers 78/100 40/100 TSM

Percentile Scorecard

TSMRGTI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTSMRGTI
Valuation 77 #8 of 32 31 #45 of 65
Growth 97 #2 of 30 29 #40 of 56
Profitability 93 #3 of 28 16 #44 of 52
Financial Health 76 #10 of 38 87 #10 of 69
Shareholder Returns 50 #12 of 23 35 #16 of 24
Overall 78 40
  • TSM ranked among 40 companies in Semiconductors
  • RGTI ranked among 75 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTSMRGTISPY
1 month -5.8%-31.3% -0.8%
3 months +6.3%-26.9% +3.5%
6 months +4.8%-32.3% +7.0%
Year to date +39.7%-48.4% +12.2%
1 year +43.9%-70.5% +13.0%
3 years +393.5%+921.4% +86.3%
3 years, per year +70.3%+117.1% +23.1%
5 years +273.1%+11.1% +68.6%
5 years, per year +30.1%+2.1% +11.0%
10 years +1,259.8%— +258.0%
10 years, per year +29.8%— +13.6%

Risk

MeasureTSMRGTISPY
Volatility, 1Y 39.2%93.9% 12.7%
Downside volatility, 1Y 39.1%90.6% 12.7%
Beta vs S&P 500, 1Y 2.133.87 1.00
Return / volatility, 1Y 1.12-0.75 1.02
Max drawdown, 5Y -57.1%-96.9% -25.4%
From 52-week high -12.7%-74.2% -1.8%
52-week high $485.91$44.27 $779.14
52-week low $275.06$11.44 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTSMRGTI
P/E now vs peer median 28.0xmedian 42.4x -16.0xmedian 50.3x
P/S now vs peer median 15.4xmedian 9.8x 285.9xmedian 2.5x
EV/EBITDA now vs peer median 20.6xmedian 32.0x -39.2xmedian 35.4x
P/FCF now vs peer median 26.0xmedian 32.1x -43.6xmedian 18.0x
P/B now vs peer median 10.9xmedian 4.0x 7.1xmedian 1.5x
PEG now vs peer median 0.79median 2.73 4.04median 1.58

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTSMRGTI
Revenue $142.94B $13.35M
Gross profit $91.71B $4.62M
Operating income $80.08B -$97.16M
Net income $74.55B -$238.67M
Free cash flow $84.59B -$87.58M
R&D $8.68B $73.05M
EPS (diluted) $15.16 $-0.72
Cash & equivalents $98.36B $27.76M
Total debt $22.36B –
Shares (diluted) 5.19B 333.22M
Enterprise value $1.83T $2.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTSMRGTI
P/E 28.0x -16.0x
P/FCF 26.0x -43.6x
P/Operating cash flow 26.0x -62.9x
P/S 15.4x 285.9x
P/B 10.9x 7.1x
P/Tangible book 10.9x 7.1x
EV/EBITDA 20.6x -39.2x
EV/EBIT 26.3x -35.2x
EV/Revenue 14.7x 256.4x
EV/FCF 24.9x -39.1x
EV/Operating cash flow 24.9x -56.4x
PEG (3Y EPS CAGR) 0.79 4.04

Growth

14 metrics
MetricTSMRGTI
Revenue growth (1Y) 34.4% 68.5%
Revenue CAGR (3Y) 25.3% -2.5%
Gross profit growth (1Y) 47.2% 43.8%
Gross profit CAGR (3Y) 29.2% -26.6%
Operating income growth (1Y) 52.1% -25.6%
Operating income CAGR (3Y) 32.0% -0.3%
Net income growth (1Y) 57.8% -44.8%
Net income CAGR (3Y) 33.5% -42.8%
EPS growth (1Y) 80.8% -29.6%
EPS CAGR (3Y) 35.6% -4.0%
Operating cash flow growth (1Y) 27.1% -12.9%
Operating cash flow CAGR (3Y) 21.4% 0.3%
Free cash flow growth (1Y) 27.1% -33.6%
Free cash flow CAGR (3Y) 21.4% -3.5%

Profitability

14 metrics
MetricTSMRGTI
Gross margin 64.2% 34.6%
EBITDA margin 71.4% -653.3%
Operating margin 56.0% -727.6%
Pretax margin 60.0% -1,787%
Net margin 55.0% -1,787%
FCF margin 59.2% -655.9%
Operating cash flow margin 59.2% -454.7%
Return on equity 37.3% -42.6%
Return on assets 7.1% -36.7%
Return on invested capital 33.4% –
Return on capital employed 8.4% -17.8%
Asset turnover 0.1x 0.0x
Cash conversion (OCF / net income) 1.1x 0.3x
Stock comp / revenue 0.0% 170.7%

Financial Health

11 metrics
MetricTSMRGTI
Debt / assets 2.3% –
Debt / equity 0.0x –
Net debt / EBITDA -1.0x –
Debt / FCF 0.1x –
Liabilities / assets 31.4% 17.1%
Equity / assets 68.6% 82.9%
Interest coverage 191.8x –
Current ratio 2.5x 3.9x
Quick ratio 2.0x 3.8x
Cash ratio 1.8x 3.7x
Altman Z-score 17.43 19.06

Shareholder Returns

7 metrics
MetricTSMRGTI
Dividend yield 0.9% –
Net buyback yield – -1.3%
Shareholder yield 0.9% -1.3%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTSMRGTI
Forward P/E 25.3xFY2026 –
EPS, next fiscal year $16.79FY2026 $-0.20FY2026
EPS growth, next FY +60.1%FY2026 –
EPS growth, the year after +39.8% –
Revenue, next fiscal year $178.35BFY2026 $22.61MFY2026
Revenue growth, next FY +47.8%FY2026 +218.9%FY2026
Revenue growth, the year after +40.5% +115.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTSMRGTI
Held by institutions 14.8% 52.1%
Institutions holding 3,568 475
Change in shares held, QoQ -0.6% +0.0%
Institutions buying 1,902 306
Institutions selling 1,292 87
Buyers to sellers 1.47 3.52

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TSMRGTI
TSM 1.00 0.42
RGTI 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TSM and RGTI?

Taiwan Semiconductor Manufacturing (TSM) is the largest by market capitalisation: Taiwan Semiconductor Manufacturing (TSM) $2.20T, Rigetti Computing (RGTI) $3.82B.

Which company is growing faster?

Rigetti Computing (RGTI) grew revenue fastest over the trailing twelve months: Taiwan Semiconductor Manufacturing (TSM) +34.4%, Rigetti Computing (RGTI) +68.5%.

Which company is more profitable?

Taiwan Semiconductor Manufacturing (TSM) has the highest net margin (Taiwan Semiconductor Manufacturing (TSM) 55.0%, Rigetti Computing (RGTI) -1,787.4%).

Which stock has performed better?

Over the past year Taiwan Semiconductor Manufacturing (TSM) returned the most: Taiwan Semiconductor Manufacturing (TSM) +43.9%, Rigetti Computing (RGTI) -70.5%. Over five years, Taiwan Semiconductor Manufacturing (TSM) compounded fastest (Taiwan Semiconductor Manufacturing (TSM) +30.1%/yr, Rigetti Computing (RGTI) +2.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Taiwan Semiconductor Manufacturing (TSM) 0.90%. Rigetti Computing (RGTI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Taiwan Semiconductor Manufacturing (TSM) has been the steadiest (Taiwan Semiconductor Manufacturing (TSM) 39.2%, Rigetti Computing (RGTI) 93.9%). Volatility measures how widely the price swings, not the risk of the business.

Do TSM and RGTI move together?

Their daily returns over the past year have a correlation of 0.42, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, TSM and RGTI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Taiwan Semiconductor Manufacturing (TSM) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.