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Taiwan Semiconductor Manufacturing NYSE:TSM Stock Report

Last Price

US$197.21

Market Cap

US$823.2b

7D

-1.9%

1Y

91.2%

Updated

22 Dec, 2024

Data

Company Financials +

Taiwan Semiconductor Manufacturing Company Limited

NYSE:TSM Stock Report

Market Cap: US$823.2b

TSM Stock Overview

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. More details

TSM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends5/6

My Notes

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US$629.70
FV
68.7% undervalued intrinsic discount
26.00%
Revenue growth p.a.
7users have liked this narrative
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8users have followed this narrative
3 months ago author updated this narrative

Taiwan Semiconductor Manufacturing Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Taiwan Semiconductor Manufacturing
Historical stock prices
Current Share PriceNT$197.21
52 Week HighNT$212.60
52 Week LowNT$98.80
Beta1.24
1 Month Change3.75%
3 Month Change12.85%
1 Year Change91.19%
3 Year Change63.42%
5 Year Change237.34%
Change since IPO3,489.73%

Recent News & Updates

TSMC: A Chinese Invasion Of Taiwan Would Devastate Global Markets And Itself

Dec 02

Taiwan Semiconductor: A Golden Buying Opportunity

Nov 22

Taiwan Semiconductor: Greater Certainty In Stormy AI Race

Nov 11

Taiwan Semiconductor: Don't Discount The Competition

Oct 26

Recent updates

TSMC: A Chinese Invasion Of Taiwan Would Devastate Global Markets And Itself

Dec 02

Taiwan Semiconductor: A Golden Buying Opportunity

Nov 22

Taiwan Semiconductor: Greater Certainty In Stormy AI Race

Nov 11

Taiwan Semiconductor: Don't Discount The Competition

Oct 26

Taiwan Semiconductor Q3 Earnings: 'Demand Right Now Is Insane'

Oct 18

Taiwan Semiconductor: One Of The Best (And Cheapest) AI Plays

Oct 12

TSMC: Still A Long-Term Buy Given Its Technological Leadership And AI Growth Story

Oct 06

TSMC: 2nm Wafers Can Outperform The Already Strong Ramp In 3nm Wafers

Sep 25

Taiwan Semiconductor: Valuation Dips Go Great With Chips

Sep 12

Taiwan Semiconductor: Chip Giant Is Still A Buy Despite Short-Term Risks

Sep 05

Taiwan Semiconductor: Still Buy On AI

Aug 29

TSMC: A Huge Opportunity To Buy The Crown Jewel Of Semiconductors

Aug 07

TSMC: Focus On Fundamentals, Ignore The Noise

Jul 31

TSMC: Buy Status Vs. Rising Geopolitical Risks

Jul 25

3 Key Takeaways From TSMC's Q2 2024 Beat And Raise

Jul 18

TSMC: Taiwan Discount

Jul 11

TSMC: Strategic Alliances Lift Stock To New All-Time Highs

Jul 01

Taiwan Semiconductor: A Sure Bet On AI

Jun 25

TSMC: By Far The Strongest Chip Company

Jun 18

TSMC: One Of The Cheapest Big Tech/AI Stocks

Jun 10

Taiwan Semiconductor Stock: April Sales Soar From Advanced Nodes

Jun 04

TSMC: Derisking China Invasion Threats

May 17

TSMC: Charting A Path To $185

May 08

Third Point - Taiwan Semiconductor: The 'Toll Road' For AI Compute

May 02

Taiwan Semiconductor Stock Is Breaking Out (Technical Analysis)

Apr 17

TSMC: Don't Be Ruined By Over-Optimism (Downgrade)

Apr 09

TSMC: Robust Growth To Continue

Apr 03

Best Chip Stock To Ride The AI Frenzy: Taiwan Semiconductor (SA Quant)

Mar 26

Taiwan Semiconductor: A Long-Term Winner Amidst Short-Term Hype

Mar 15

Taiwan Semiconductor Raising Prices 8.7% In 2024 As Revenue Growth Underperforms Customers

Mar 05

Investing In Innovation: Why Taiwan Semiconductor Is A Smart Choice For Long-Term Growth

Feb 21

Taiwan Semiconductor: Highly Wanted Advanced Technology

Feb 05

Taiwan Semiconductor: Beijing Is A Threat

Jan 29

Taiwan Semiconductor Is Becoming A Dividend Growth Machine

Jan 23

TSMC: DPP Taiwan Election Win Could Mean Greater Risks For The Stock

Jan 17

TSMC Is Probably The Most Important Company In The World Right Now

Jan 11

TSMC: Major Apple Risk Persists But Stock Still Investible (Rating Upgrade)

Jan 01

TSMC Vs. Intel: Only 1 Can Win

Dec 24

Taiwan Semiconductor: The 800-Pound Chip Gorilla That's An Underappreciated Play On AI

Nov 25

Taiwan Semiconductor: Taking The Temperature Of AI

Nov 14

Taiwan Semiconductor: Bottoming Semiconductor Cycle With Increasingly Diversified Footprint

Oct 27

Q3 Earnings: Navigating TSMC's Risk/Rewards And Future Outlook

Oct 20

Taiwan Semiconductor - Maintaining Buy: Headwinds Priced In And Rebound Ahead

Oct 10

TSMC: Why Near-Term Downside Is Highly Probable (Rating Downgrade)

Oct 03

Taiwan Semiconductor Makes Chips For 3 Of The Top 4 Greatest Growth Technologies

Sep 26

TSMC: AI Winner At Attractive Valuation

Sep 20

Taiwan Semiconductor: More Room For Optimism

Sep 12

Taiwan Semiconductor Can Gain From Intel's Challenges

Aug 30

Accumulate Taiwan Semiconductor, Especially If Mr. Market Brings It Down

Aug 24

Taiwan Semiconductor: A Rare Undervalued AI Idea

Aug 14

Taiwan Semiconductor: Short-Term Pain For Long-Term Gain (Rating Upgrade)

Aug 04

Taiwan Semiconductor: The Most Important Chip Manufacturer For Smartphones

Jul 27

Taiwan Semiconductor Q2 Earnings: Consider Buying The Dip

Jul 20

Taiwan Semiconductor: Overstated Fears With Shares Still Cheap

Jul 14

Taiwan Semiconductor: Undervalued King Of Semiconductors

Jul 05

Taiwan Semiconductor: Driving Profitability On Secular Shift To Innovative Nodes

Jun 21

Taiwan Semiconductor Manufacturing Offers An Excellent Entry Point (Technical Analysis)

Jun 12

Shareholder Returns

TSMUS SemiconductorUS Market
7D-1.9%-1.7%-2.4%
1Y91.2%71.1%23.4%

Return vs Industry: TSM exceeded the US Semiconductor industry which returned 71.1% over the past year.

Return vs Market: TSM exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is TSM's price volatile compared to industry and market?
TSM volatility
TSM Average Weekly Movement5.5%
Semiconductor Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: TSM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TSM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aC. C. Weiwww.tsmc.com

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also offers customer and engineering support services; manufactures masks; and invests in technology start-up companies; researches, designs, develops, manufactures, packages, tests, and sells color filters; and provides investment services.

Taiwan Semiconductor Manufacturing Company Limited Fundamentals Summary

How do Taiwan Semiconductor Manufacturing's earnings and revenue compare to its market cap?
TSM fundamental statistics
Market capUS$823.17b
Earnings (TTM)US$31.81b
Revenue (TTM)US$81.32b

25.9x

P/E Ratio

10.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSM income statement (TTM)
RevenueNT$2.65t
Cost of RevenueNT$1.21t
Gross ProfitNT$1.44t
Other ExpensesNT$406.44b
EarningsNT$1.04t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)40.00
Gross Margin54.45%
Net Profit Margin39.12%
Debt/Equity Ratio24.7%

How did TSM perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

40%

Payout Ratio

Does TSM pay a reliable dividends?

See TSM dividend history and benchmarks
When do you need to buy TSM by to receive an upcoming dividend?
Taiwan Semiconductor Manufacturing dividend dates
Ex Dividend DateDec 12 2024
Dividend Pay DateJan 09 2025
Days until Ex dividend10 days
Days until Dividend pay date18 days

Does TSM pay a reliable dividends?

See TSM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Taiwan Semiconductor Manufacturing Company Limited is covered by 76 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ge BaiABCI Securities Company Limited
Warren LauAletheia Analyst Network Limited
Brett SimpsonArete Research Services LLP