TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a current P/E ratio of 58.0, compared to its historical median P/E of 17.1. The stock is currently considered Expensive based on its historical valuation range.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a 5-year average return on invested capital (ROIC) of 16.8%. This indicates strong capital allocation and a potential competitive advantage.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a market capitalization of $10.5T. It is classified as a mega-cap stock.
Yes, TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) pays a dividend with a trailing twelve-month yield of 3.96%.
Based on historical P/E analysis, TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) appears expensive. The current P/E of 58.0 is 239% above its historical median of 17.1. The estimated fair value CAGR (P/E method) is 19.0%.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) operates in the Semiconductors & Related Devices industry, within the Technology sector.
ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISORS Not applicable.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 2.9T | 2.9T | 2.2T | 2.3T | 1.6T | 1.3T |
| Net Income | 35.3B | 35.3B | 27.8B | 32.3B | 21.4B | 18.2B |
| EPS | $1.36 | $1.36 | $1.07 | $1.25 | $0.82 | $0.70 |
| Free Cash Flow | 26.5B | 26.5B | 9.5B | 17.2B | 9.8B | 11.2B |
| ROIC | 16.3% | 16.3% | 14.5% | 19.6% | 15.6% | 17.9% |
| Gross Margin | 1.7% | 1.7% | 1.8% | 1.9% | 1.9% | 1.9% |
| Debt/Equity | 0.02 | 0.02 | 0.00 | 0.01 | 0.06 | 0.05 |
| Dividends/Share | $15.98 | $15.98 | $12.23 | $11.03 | $10.69 | $9.97 |
| Operating Income | 40.3B | 40.3B | 30.1B | 36.5B | 23.4B | 20.2B |
| Operating Margin | 1.4% | 1.4% | 1.4% | 1.6% | 1.5% | 1.5% |
| ROE | 27.0% | 29.0% | 26.8% | 37.5% | 29.9% | 30.5% |
| Shares Outstanding | 25,957M | 25,957M | 25,975M | 25,859M | 26,064M | 25,998M |
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD passes 6 of 9 quality checks, suggesting mixed fundamentals.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD trades at 58.0x trailing earnings, compared to its 15-year median P/E of 17.1x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 77.2x vs a median of 11.0x. The company's 5-year average ROIC is 16.8% with a gross margin of 1.8%. Total shareholder yield (dividends) is 4.0%. At current prices, the estimated annualized return to fair value is +19.4%.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported annual revenue of $2894.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a net profit margin of 1.2%. This is a modest margin.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) generated $26.5 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a debt-to-equity ratio of 0.02. This indicates a conservatively financed balance sheet.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported earnings per share (EPS) of $1.36 in its most recent fiscal year.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a return on equity (ROE) of 29.0%. This indicates the company generates strong returns for shareholders.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a 5-year average gross margin of 1.8%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 10 years of financial data for TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) has a book value per share of $5.03, based on its most recent annual SEC filing.
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