Taiwan Semiconductor Mfg. Co. Ltd. vs Zoetis Inc — how do they compare? Taiwan Semiconductor Mfg. Co. Ltd. trades at $424.9 (market cap $1.88T), while Zoetis Inc trades at $76.07 (market cap $31.95B). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 58.8× Zoetis Inc's market cap, and Zoetis Inc pays the higher dividend (2.78%). Which is the better fit depends on your goals.
| TSM | ZTS | |
|---|---|---|
Market Cap | $1.88T | $31.95B |
Sector | Technology | Health |
52-Week High | $477.57 | $156.76 |
52-Week Low | $227.33 | $71.91 |
Enterprise Value | $1.81T | $39.24B |
Dividend Yield | 0.94% | 2.78% |
Trailing returns across standard periods
Latest headlines on both assets
Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns slightly less than half of total revenue from production animals (cattle, pigs, poultry, and so on), and more than half from companion animal (dogs, horses, cats) products make up the other half. Its U.S. business is heavily skewed toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.
Read more on ZTS →