TSM Fair Value Estimate
$429.0712.1% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
Taiwan Semiconductor Manufacturing
Exchange: NYSESector: TechnologyIndustry: Semiconductors
Values in USD · ADR · Reports in TWD
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.
Did you know?
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% undervaluedProfile
Valuation (TTM)
Market Cap$1.98T
P/E36.90
EV—
P/B11.59
Shares Out5.19B
P/Sales16.10
Revenue$123.29B
EV/EBITDA21.55
Taiwan Semiconductor Manufacturing (TSM) Valuation
TSM Valuation Metrics
FCF$32.09B
FCF Growth Rate35.65%
EPS Growth (CAGR)29.04%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →TSM Valuation & Fair Value Analysis
Taiwan Semiconductor Manufacturing (TSM) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Taiwan Semiconductor Manufacturing is $429.07. The current stock price is $382.66, suggesting the stock is 12.1% undervalued.
The price-to-earnings (P/E) ratio is 36.90. Price-to-book ratio is 11.59. Price-to-sales ratio is 16.10. Enterprise value to EBITDA is 21.55. PEG ratio is 1.06.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Taiwan Semiconductor Manufacturing's intrinsic value.