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Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is a Taiwanese semiconductor company, contract manufacturer and designer. It's also one of the world's largest semiconductor companies. TSMC primarily serves other semiconductor manufacturers without chip fabrication capabilities, such as NVIDIA and AMD, as well as consumer devices companies, such as Apple. TSMC has an international semiconductor production capacity exceeding 13 million wafers.
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| 52-week range | US$78.0991 - US$140.6053 |
|---|---|
| 50-day moving average | US$117.4591 |
| 200-day moving average | US$117.2452 |
| Target price | US$143.82 |
| PE ratio | 29.9586 |
| Dividend yield | US$10.5 (1.58%) |
| Earnings per share (TTM) | US$3.86 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $116.15
| 1 week (2021-09-21) | 1.04% |
|---|---|
| 1 month (2021-08-27) | -1.97% |
| 3 months (2021-06-28) | -2.89% |
| 6 months (2021-03-26) | -0.35% |
| 1 year (2020-09-28) | 45.61% |
|---|---|
| 2 years (2019-09-27) | 155.22% |
| 3 years (2018-09-28) | 163.02% |
| 5 years (2016-09-28) | 282.95% |
Valuing Taiwan Semiconductor Manufacturing Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Taiwan Semiconductor Manufacturing Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Taiwan Semiconductor Manufacturing Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Taiwan Semiconductor Manufacturing Company shares trade at around 30x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Taiwan Semiconductor Manufacturing Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8896. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Taiwan Semiconductor Manufacturing Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Taiwan Semiconductor Manufacturing Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$994.3 billion (£734.6 billion).
The EBITDA is a measure of a Taiwan Semiconductor Manufacturing Company's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | US$1,452.5 billion |
|---|---|
| Operating margin TTM | 41.56% |
| Gross profit TTM | US$711.1 billion |
| Return on assets TTM | 13.62% |
| Return on equity TTM | 29.85% |
| Profit margin | 38.15% |
| Book value | 384.065 |
| Market capitalisation | US$599.7 billion |
TTM: trailing 12 months
There are currently 13.3 million Taiwan Semiconductor Manufacturing Company shares held short by investors – that's known as Taiwan Semiconductor Manufacturing Company's "short interest". This figure is 25.8% down from 17.9 million last month.
There are a few different ways that this level of interest in shorting Taiwan Semiconductor Manufacturing Company shares can be evaluated.
Taiwan Semiconductor Manufacturing Company's "short interest ratio" (SIR) is the quantity of Taiwan Semiconductor Manufacturing Company shares currently shorted divided by the average quantity of Taiwan Semiconductor Manufacturing Company shares traded daily (recently around 7.9 million). Taiwan Semiconductor Manufacturing Company's SIR currently stands at 1.69. In other words for every 100,000 Taiwan Semiconductor Manufacturing Company shares traded daily on the market, roughly 1690 shares are currently held short.
However Taiwan Semiconductor Manufacturing Company's short interest can also be evaluated against the total number of Taiwan Semiconductor Manufacturing Company shares, or, against the total number of tradable Taiwan Semiconductor Manufacturing Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Taiwan Semiconductor Manufacturing Company's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Taiwan Semiconductor Manufacturing Company shares in existence, roughly 0 shares are currently held short) or 0.0028% of the tradable shares (for every 100,000 tradable Taiwan Semiconductor Manufacturing Company shares, roughly 3 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Taiwan Semiconductor Manufacturing Company.
Find out more about how you can short Taiwan Semiconductor Manufacturing Company stock.
Dividend payout ratio: 47.3% of net profits
Recently Taiwan Semiconductor Manufacturing Company has paid out, on average, around 47.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Taiwan Semiconductor Manufacturing Company shareholders could enjoy a 1.58% return on their shares, in the form of dividend payments. In Taiwan Semiconductor Manufacturing Company's case, that would currently equate to about $10.5 per share.
While Taiwan Semiconductor Manufacturing Company's payout ratio might seem fairly standard, it's worth remembering that Taiwan Semiconductor Manufacturing Company may be investing much of the rest of its net profits in future growth.
Taiwan Semiconductor Manufacturing Company's most recent dividend payout was on 12 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2021 (the "ex-dividend date").
Taiwan Semiconductor Manufacturing Company's shares were split on a 1005:1000 basis on 14 July 2009. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1005 shares. This wouldn't directly have changed the overall worth of your Taiwan Semiconductor Manufacturing Company shares – just the quantity. However, indirectly, the new 0.5% lower share price could have impacted the market appetite for Taiwan Semiconductor Manufacturing Company shares which in turn could have impacted Taiwan Semiconductor Manufacturing Company's share price.
Over the last 12 months, Taiwan Semiconductor Manufacturing Company's shares have ranged in value from as little as US$78.0991 up to US$140.6053. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Taiwan Semiconductor Manufacturing Company's is 1. This would suggest that Taiwan Semiconductor Manufacturing Company's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in HsinChu, Taiwan.
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