Taiwan Semiconductor Manufacturing Company Limited

NYSE:TSM Stock Report

Market Cap: US$641.4b

Taiwan Semiconductor Manufacturing Future Growth

Future criteria checks 4/6

Taiwan Semiconductor Manufacturing is forecast to grow earnings and revenue by 15.9% and 15% per annum respectively. EPS is expected to grow by 15.9% per annum. Return on equity is forecast to be 24.4% in 3 years.

Key information

15.9%

Earnings growth rate

15.9%

EPS growth rate

Semiconductor earnings growth24.0%
Revenue growth rate15.0%
Future return on equity24.4%
Analyst coverage

Good

Last updated18 Apr 2024

Recent future growth updates

Recent updates

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

Taiwan Semiconductor And Buffett: Why He Bought And Sold

Jun 05

Taiwan Semiconductor: It's Not The Time To Be Greedy (Technical Analysis)

Feb 21

Taiwan Semiconductor says it will increase Arizona chip investment

Feb 14

TSMC Responds To Intel

Feb 08

TSMC: Exposure For Healthy Recovery In Semi Market

Jan 30

Taiwan Semiconductor: Long Term Perspective

Jan 24

TSMC: Riding Tailwinds In 2023

Jan 18

TSM’s Dividend History is Another Reason to Like the Stock

Jan 15
TSM’s Dividend History is Another Reason to Like the Stock

Taiwan Semiconductor rises even as company reports December revenue slowdown

Jan 10

Taiwan Semiconductor: Profit Margins May Be Compressed Ahead - Chip Wars Still Developing

Dec 22

Taiwan Semiconductor: A Great Deal Amid Political Crisis

Dec 14

Taiwan Semiconductor: Costly CapEx Upgrade Needs To Be Assessed Carefully

Dec 06

Why Buffett Just Invested Billions In Taiwan Semiconductor

Nov 15

Taiwan Semiconductor: Best Of Both Worlds

Nov 08

Earnings and Revenue Growth Forecasts

NYSE:TSM - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20263,676,7771,439,4851,178,732N/A19
12/31/20253,238,0231,248,946861,494N/A29
12/31/20242,720,8191,014,871653,272N/A23
3/31/20242,245,747856,996N/AN/AN/A
12/31/20232,161,736838,498286,6351,241,967N/A
9/30/20232,161,739895,690212,6631,334,020N/A
6/30/20232,228,149965,556290,8701,452,073N/A
3/31/20232,281,4481,020,784493,9951,623,674N/A
12/31/20222,263,8911,016,530520,9851,610,599N/A
9/30/20222,076,549886,858511,6991,501,917N/A
6/30/20221,878,076762,251495,1491,407,925N/A
3/31/20221,716,081659,582394,1701,256,515N/A
12/31/20211,587,415596,540263,9241,112,161N/A
9/30/20211,510,759565,933294,262993,092N/A
6/30/20211,452,515546,985256,398864,557N/A
3/31/20211,391,068533,448275,468847,452N/A
12/31/20201,339,255510,744305,885822,666N/A
9/30/20201,294,959499,838164,307766,490N/A
6/30/20201,231,578463,598115,551718,072N/A
3/31/20201,161,878409,54180,383665,498N/A
12/31/20191,069,985353,948145,387615,139N/A
9/30/20191,042,519341,134188,455601,557N/A
6/30/20191,009,821329,136169,147553,886N/A
3/31/20191,002,099334,662237,243565,899N/A
12/31/20181,031,474363,053251,273573,954N/A
9/30/20181,019,274352,320321,488588,708N/A
6/30/20181,011,033353,174352,266611,409N/A
3/31/2018991,611347,154280,502585,036N/A
12/31/2017977,447344,998N/A585,318N/A
9/30/2017962,104341,492N/A566,412N/A
6/30/2017970,403348,326N/A576,038N/A
3/31/2017978,357354,561N/A579,314N/A
12/31/2016947,938331,714N/A539,835N/A
9/30/2016889,230303,161N/A499,287N/A
6/30/2016841,329281,731N/A491,017N/A
3/31/2016824,959288,642N/A495,408N/A
12/31/2015843,497302,851N/A529,879N/A
9/30/2015862,500304,142N/A538,876N/A
6/30/2015859,045305,144N/A511,982N/A
3/31/2015836,625285,425N/A482,663N/A
12/31/2014762,807254,301N/A421,524N/A
9/30/2014686,091224,537N/A370,628N/A
6/30/2014639,619200,158N/A375,185N/A
3/31/2014612,484192,268N/A368,675N/A
12/31/2013597,024183,978N/A347,384N/A
9/30/2013582,663178,103N/A329,409N/A
6/30/2013561,585175,530N/A309,003N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSM's forecast earnings growth (15.9% per year) is above the savings rate (2.3%).

Earnings vs Market: TSM's earnings (15.9% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: TSM's earnings are forecast to grow, but not significantly.

Revenue vs Market: TSM's revenue (15% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: TSM's revenue (15% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TSM's Return on Equity is forecast to be high in 3 years time (24.4%)

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