MARA

Marathon Digital Holdings, Inc.

There isn't enough reported data to score MARA yet.

TSM

Taiwan Semiconductor Manufacturing Company Limited

76
Fundamentals92/ 100
Valuation50/ 100
Upside potential59/ 100
Risk potential18/ 100

TSM lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.

MARA Fundamentals

MetricStatus
Weak
Weak
N/A
N/A

MARA's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like MARA.

TSM Fundamentals

MetricStatus
Unavailable
Unavailable
Unavailable
Strong

TSM's balance sheet is currently strong. There isn't enough data to rate its revenue, profitability and cash flow.

MARA PE Valuation

MARA has no meaningful PE right now: it lost money over the past year.

TSM PE Valuation

TSM has no meaningful PE right now: it lost money over the past year.

MARA Forward outlook

MetricOutlook
--
Losses shrinking
Stable
--
Limited
Low

Analysts expect MARA's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.

TSM Forward outlook

MetricOutlook
--
Strong growth
Strong growth
Improving
Limited
Moderate

Analysts expect strong earnings and revenue growth for TSM, with profitability improving.

MARA Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $7.20 on Nov 12.

There is not enough scenario data to compare MARA and TSM's risk to reward.

TSM Risk to reward

ScenarioChangePrice
Upside+25%$508.50
Downside-18%$334.36

Calculated from the latest close: $405.49 on Nov 12.

There is not enough scenario data to compare MARA and TSM's risk to reward.

MARA Earnings Per Share

Q4 2023: $0.92Q1 2024: $2.23Q2 2024: $1.64Q3 2024: $0.87Q4 2024: $1.72Q1 2025: $-1.09Q2 2025: $1.47Q3 2025: $2.16Q4 2025: $-3.69Q1 2026: $-5.45Q2 2026: $-8.89Q3 2026: $-7.88
Q4 2023: $0.92Q1 2024: $2.23Q2 2024: $1.64Q3 2024: $0.87Q4 2024: $1.72Q1 2025: $-1.09Q2 2025: $1.47Q3 2025: $2.16Q4 2025: $-3.69Q1 2026: $-5.45Q2 2026: $-8.89Q3 2026: $-7.88
QuarterTTM EPSYoY
Q3 2026-$7.88-465%
Q2 2026-$8.89-705%
Q1 2026-$5.45-$4.36
Q4 2025-$3.69-315%
Q3 2025$2.16+148%
Q2 2025$1.47-10%
Q1 2025-$1.09-149%
Q4 2024$1.72+87%

MARA has swung to a loss: it lost $7.88 per share over the past year, after a profit the year before.

TSM Earnings Per Share

TSM and MARA do not have enough comparable growth data to identify a winner.

MARA Quarterly Revenue

Q4 2023: $157MQ1 2024: $165MQ2 2024: $145MQ3 2024: $132MQ4 2024: $214MQ1 2025: $214MQ2 2025: $238MQ3 2025: $252MQ4 2025: $202MQ1 2026: $175MQ2 2026: $175MQ3 2026: $164M
Q4 2023: $157MQ1 2024: $165MQ2 2024: $145MQ3 2024: $132MQ4 2024: $214MQ1 2025: $214MQ2 2025: $238MQ3 2025: $252MQ4 2025: $202MQ1 2026: $175MQ2 2026: $175MQ3 2026: $164M
QuarterRevenueYoY
Q3 2026$164.2M-35%
Q2 2026$174.9M-27%
Q1 2026$174.6M-18%
Q4 2025$202.3M-5.6%
Q3 2025$252.4M+92%
Q2 2025$238.5M+64%
Q1 2025$213.9M+29%
Q4 2024$214.4M+37%

MARA's revenue has slid since its 2025 peak: $164M last quarter, down 35% from the same quarter a year ago.

TSM Quarterly Revenue

Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --
Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --

TSM and MARA do not have enough comparable growth data to identify a winner.

MARA Free Cash Flow

Q4 2023: −$93MQ1 2024: −$97MQ2 2024: −$132MQ3 2024: −$198MQ4 2024: −$500MQ1 2025: −$254MQ2 2025: −$282MQ3 2025: −$284MQ4 2025: −$389MQ1 2026: −$327MQ2 2026: −$239MQ3 2026: −$264M
Q4 2023: −$93MQ1 2024: −$97MQ2 2024: −$132MQ3 2024: −$198MQ4 2024: −$500MQ1 2025: −$254MQ2 2025: −$282MQ3 2025: −$284MQ4 2025: −$389MQ1 2026: −$327MQ2 2026: −$239MQ3 2026: −$264M
QuarterFree cash flowYoY
Q3 2026-$263.6M+$20.3M
Q2 2026-$238.5M+$43.8M
Q1 2026-$327M-$72.7M
Q4 2025-$389.2M+$110.7M
Q3 2025-$283.9M-$85.8M
Q2 2025-$282.4M-$150M
Q1 2025-$254.3M-$156.9M
Q4 2024-$499.9M-$407M

MARA's free cash flow was −$1.2B over the past year, against −$1.3B the year before. Free cash flow isn't a meaningful measure for financial services companies like MARA.

TSM Free Cash Flow

Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --
Q4 2023: --Q1 2024: --Q2 2024: --Q3 2024: --Q4 2024: --Q1 2025: --Q2 2025: --Q3 2025: --Q4 2025: --Q1 2026: --Q2 2026: --Q3 2026: --

TSM and MARA do not have enough comparable growth data to identify a winner.

MARA Total Shares

Q1 2024: 268MQ2 2024: 279MQ3 2024: 295MQ4 2024: 312MQ1 2025: 344MQ2 2025: 441MQ3 2025: 470MQ1 2026: 380MQ2 2026: 382MQ3 2026: 496M
Q1 2024: 268MQ2 2024: 279MQ3 2024: 295MQ4 2024: 312MQ1 2025: 344MQ2 2025: 441MQ3 2025: 470MQ1 2026: 380MQ2 2026: 382MQ3 2026: 496M
PeriodChange %Net change
Quarterly+30%+115M shares
1 year+13%+55.5M shares
3 years+212%+337M shares
5 years+416%+400M shares

MARA has 496M diluted shares, up 13% from a year ago.

TSM Total Shares

Q4 2023: 5.2BQ1 2024: 5.2BQ2 2024: 5.2BQ3 2024: 5.2BQ4 2024: 5.2BQ1 2025: 5.2BQ2 2025: 5.2BQ3 2025: 5.2BQ4 2025: 5.2BQ1 2026: 5.2BQ2 2026: 5.2BQ3 2026: 5.2B
Q4 2023: 5.2BQ1 2024: 5.2BQ2 2024: 5.2BQ3 2024: 5.2BQ4 2024: 5.2BQ1 2025: 5.2BQ2 2025: 5.2BQ3 2025: 5.2BQ4 2025: 5.2BQ1 2026: 5.2BQ2 2026: 5.2BQ3 2026: 5.2B
PeriodChange %Net change
Quarterly0%+45.8K shares
1 year0%+391K shares
3 years0%+528K shares
5 years0%+324K shares
Available history0%+324K shares

TSM has the edge over MARA on shareholder dilution, with a more favorable share count trend.

MARA Net Leverage

Q4 2023: -0.1xQ1 2024: 0.0xQ2 2024: 0.1xQ3 2024: 0.9xQ4 2024: 2.9xQ2 2025: 2.5xQ3 2025: 2.1x
Q4 2023: -0.1xQ1 2024: 0.0xQ2 2024: 0.1xQ3 2024: 0.9xQ4 2024: 2.9xQ2 2025: 2.5xQ3 2025: 2.1x
QuarterNet LeverageStatus
Q3 20252.1xModerate
Q2 20252.5xModerate
Q4 20242.9xModerate
Q3 20240.9xVery low
Q2 20240.1xVery low
Q1 20240.0xVery low
Q4 2023-0.1xNet Cash
Q3 20232.6xModerate

MARA's net debt is about 2.1 years of its operating earnings (EBITDA), up from less than a year a year ago. Net leverage isn't a meaningful measure for financial services companies like MARA.

TSM Net Leverage

Q4 2023: -0.3xQ1 2024: -0.4xQ2 2024: -0.5xQ3 2024: -0.5xQ4 2024: -0.5xQ1 2025: -0.6xQ2 2025: -0.6xQ3 2025: -0.6xQ4 2025: -0.6xQ1 2026: -0.7xQ2 2026: -0.6xQ3 2026: -0.7x
Q4 2023: -0.3xQ1 2024: -0.4xQ2 2024: -0.5xQ3 2024: -0.5xQ4 2024: -0.5xQ1 2025: -0.6xQ2 2025: -0.6xQ3 2025: -0.6xQ4 2025: -0.6xQ1 2026: -0.7xQ2 2026: -0.6xQ3 2026: -0.7x
QuarterNet LeverageStatus
Q3 2026-0.7xNet Cash
Q2 2026-0.6xNet Cash
Q1 2026-0.7xNet Cash
Q4 2025-0.6xNet Cash
Q3 2025-0.6xNet Cash
Q2 2025-0.6xNet Cash
Q1 2025-0.6xNet Cash
Q4 2024-0.5xNet Cash

TSM has more cash than debt.

MARA Weekly Momentum

MetricValueStatus
RSI38.4Neutral
Stochastic10.2Oversold

MARA's weekly RSI is 38 (neutral) and its Stochastic is 10 (oversold).

TSM Weekly Momentum

MetricValueStatus
RSI48.8Neutral
Stochastic28.9Neutral

TSM's weekly RSI is 49 (neutral) and its Stochastic is 29 (neutral).

MARA PE vs Financial Services Sector

MetricMARASector medianRelative
PEN/A13x—

MARA has no meaningful PE right now: it lost money over the past year.

TSM PE vs Technology Sector

MetricTSMSector medianRelative
PE27x28x3.3% below
PE %453510 pts above

TSM has no meaningful PE right now: it lost money over the past year.

MARA Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$8.5416% below
20 week MA$10.330% below
50 week MA$10.632% below
100 week MA$13.346% below
200 week MA$14.450% below

MARA is in a downtrend: it's below all five of its weekly moving averages, and 50% below its 200-week average.

TSM Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$424.44.4% below
20 week MA$422.44% below
50 week MA$386.54.9% above
100 week MA$304.533% above
200 week MA$215.688% above

TSM has the edge over MARA on trend strength, trading above more of its moving averages.

MARA Yearly ROI

YearStart priceEnd priceROI
2020$0.90$10.9+1113%
2021$10.9$38.1+249%
2022$38.1$3.62-91%
2023$3.62$23.5+549%
2024$23.5$18.4-21%
2025$18.4$9.59-48%
2026 YTD$9.59$7.20-25%

MARA's yearly returns have swung widely, from +1113% in 2020 to −91% in 2022. It's down 25% so far in 2026.

TSM Yearly ROI

YearStart priceEnd priceROI
2020$58.5$106.0+81%
2021$106.0$120.7+14%
2022$120.7$74.9-38%
2023$74.9$104.0+39%
2024$104.0$201.6+94%
2025$201.6$302.8+50%
2026 YTD$302.8$405.5+34%

TSM has the edge over MARA on returns for 2026, with the stronger performance.

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