WallStSmart

Roadzen Inc. (RDZN)vsTaiwan Semiconductor Manufacturing (TSM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Taiwan Semiconductor Manufacturing generates 8157943% more annual revenue ($4.10T vs $50.30M). TSM leads profitability with a 46.5% profit margin vs -30.6%. TSM earns a higher WallStSmart Score of 84/100 (A-).

RDZN

Avoid

23

out of 100

Grade: F

Growth: 7.3Profit: 2.5Value: 6.7Quality: 5.0

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

RDZNUndervalued (+61.8%)

Margin of Safety

+61.8%

Fair Value

$3.95

Current Price

$2.22

$1.73 discount

UndervaluedFair: $3.95Overvalued
TSMUndervalued (+72.4%)

Margin of Safety

+72.4%

Fair Value

$1396.69

Current Price

$397.67

$999.02 discount

UndervaluedFair: $1396.69Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RDZN1 strengths · Avg: 8.0/10
Revenue GrowthGrowth
18.8%8/10

18.8% revenue growth

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

RDZN4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$176.85M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Free Cash FlowQuality
$-825.52B2/10

Negative free cash flow — burning cash

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

Premium valuation, high expectations priced in

Price/BookValuation
60.8x2/10

Trading at 60.8x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : RDZN

The strongest argument for RDZN centers on Revenue Growth. Revenue growth of 18.8% 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 46.5% and operating margin at 58.1%. Revenue growth of 35.1% demonstrates continued momentum.

Bear Case : RDZN

The primary concerns for RDZN are EPS Growth, Market Cap, Return on Equity.

Bear Case : TSM

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

Key Dynamics to Monitor

TSM carries more volatility with a beta of 1.25 — 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 - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TSM scores higher overall (84/100 vs 23/100), backed by strong 46.5% margins and 35.1% revenue growth. RDZN offers better value entry with a 61.8% margin of safety. Both earn "Exceptional Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Roadzen Inc.

TECHNOLOGY · SOFTWARE - APPLICATION · USA

RoadZen, lnc. The company is headquartered in New Delhi, India.

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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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