Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company is also involved in researching, developing, designing, manufacturing, and selling renewable energy and saving related technologies and products; and solid state lighting devices and related applications products and systems, as well as manufactures masks. In addition, it provides marketing and engineering support services; and customer service and technical support services, as well as manufactures and sells electronic parts and solar related products. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.
Generated $0.8 in free cash flow for every $1 of capital expenditure in FY25.
Current Price
$382.66
-1.23%GoodMoat Value
$429.07
12.1% undervaluedTaiwan Semiconductor Manufacturing (TSM) Stock Analysis
TSM Financial Charts
FCF vs CAPEX
Forward estimates use 35.7% FCF growth (CAGR)
Cash vs Debt
Net Cash: 58.8B
Revenue
35.5B
FY19
47.7B
FY20
57.3B
FY21
73.7B
FY22
70.3B
FY23
89.1B
FY24
121.8B
FY25
Net Income
11.8B
FY19
18.2B
FY20
21.4B
FY21
32.3B
FY22
27.7B
FY23
35.7B
FY24
54.3B
FY25
TSM 52-Week Range
Part of the trillion-dollar club with a $1.98T market cap.
Taiwan Semiconductor Manufacturing (TSM) Financial Summary
Taiwan Semiconductor Manufacturing (TSM) is a Technology company in the Semiconductors industry, listed on NYSE. The stock currently trades at $382.66 with a market capitalization of $1.98T.
Key valuation metrics include a P/E ratio of 36.90, price-to-book ratio of 11.59, and EPS of $10.47. The company reports a profit margin of 44.6% and return on equity of 32.1%.
TSM Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $1.98T |
| P/E Ratio | 36.90 |
| EPS | $10.47 |
| P/B Ratio | 11.59 |
| P/S Ratio | 16.10 |
| EV/EBITDA | 21.55 |
| Dividend Yield | 0.75% |
| Profit Margin | 44.6% |
| Return on Equity | 32.1% |
| Debt/Equity | 0.17 |
TSM Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $35.55B | $11.76B |
| FY20 | $47.66B | $18.18B |
| FY21 | $57.31B | $21.38B |
| FY22 | $73.74B | $32.34B |
| FY23 | $70.35B | $27.72B |
| FY24 | $89.08B | $35.65B |
| FY25 | $121.81B | $54.29B |
Taiwan Semiconductor Manufacturing (TSM) Valuation
Based on GoodMoat's DCF model, Taiwan Semiconductor Manufacturing has a fair value estimate of $429.07. At the current price of $382.66, the stock appears 10.8% undervalued relative to our intrinsic value estimate.
TSM Quality Indicators
Taiwan Semiconductor Manufacturing maintains a profit margin of 44.6% and an operating margin of 50.8%. Return on equity stands at 32.1%. The current ratio is 2.51. Debt-to-equity ratio is 0.17.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company is also involved in researching, developing, designing, manufacturing, and selling renewable energy and saving related technologies and products; and solid state lighting devices and related applications products and systems, as well as manufactures masks. In addition, it provides marketing and engineering support services; and customer service and technical support services, as well as manufactures and sells electronic parts and solar related products. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.
TSM Free Cash Flow
Taiwan Semiconductor Manufacturing generated $32.09B in trailing twelve-month free cash flow, representing an FCF yield of 1.62%. This low FCF yield may reflect heavy reinvestment or growth spending.
TSM Shares Outstanding
Taiwan Semiconductor Manufacturing has 5.19 billion shares outstanding at a share price of $382.66, giving it a market capitalization of $1.98T.