We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
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.
Our top pick for
US stocks
Our top pick for
Overall broker
Our top pick for
Low-cost broker
| 52-week range | US$82.76 - US$143.868 |
|---|---|
| 50-day moving average | US$92.0636 |
| 200-day moving average | US$110.3077 |
| Target price | US$145.39 |
| PE ratio | 19.6542 |
| Dividend yield | US$11 (2.29%) |
| Earnings per share (TTM) | US$4.28 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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 $83.65
| 1 week (2022-06-24) | -2.64% |
|---|---|
| 1 month (2022-06-01) | -11.72% |
| 6 months (2021-12-31) | -30.47% |
| 1 year (2021-07-01) | -29.36% |
|---|---|
| 2 years (2020-07-01) | 47.22% |
| 3 years (2019-07-01) | 102.15% |
| 5 years (2017-06-30) | 139.27% |
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 20x. In other words, Taiwan Semiconductor Manufacturing Company shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 0.9371. 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$1,150.5 billion (£947.2 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$1,716.1 billion |
|---|---|
| Operating margin TTM | 42.19% |
| Gross profit TTM | US$819.5 billion |
| Return on assets TTM | 13.09% |
| Return on equity TTM | 30.98% |
| Profit margin | 38.44% |
| Book value | 446.28 |
| Market capitalisation | US$436.2 billion |
TTM: trailing 12 months
Dividend payout ratio: 33.6% of net profits
Recently Taiwan Semiconductor Manufacturing Company has paid out, on average, around 33.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.29% 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 2.29% return on their shares, in the form of dividend payments. In Taiwan Semiconductor Manufacturing Company's case, that would currently equate to about $11 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 13 October 2022. The latest dividend was paid out to all shareholders who bought their shares by 16 June 2022 (the "ex-dividend date").
Taiwan Semiconductor Manufacturing Company's shares were split on a 1005:1000 basis on 15 July 2009. So if you had owned 1000 shares the day before the split, the next day you would own 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$82.76 up to US$143.868. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Taiwan Semiconductor Manufacturing Company's is 1.0557. 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, 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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support, account management, and engineering services, as well as manufactures masks. Its products are used in mobile devices, high performance computing, automotive electronics, and internet of things markets. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
Everything we know about the Australia Sunny Glass Group IPO, plus information on how to buy in.
Steps to owning and managing Kincora Copper shares.
Everything we know about the Dragon Mountain Gold IPO, plus information on how to buy in.
Steps to owning and managing Arcadia Minerals shares.
Steps to owning and managing Nexgen Energy shares.
Steps to owning and managing Keypath Education shares.
If you want to directly fund climate solutions a green bond is a great place to start. Here is how they work.
What's the best way to invest money in Australia? Find out about robo advisors, index funds, cryptocurrency and more in this guide.
Steps to owning and managing EBR Systems shares.
Steps to owning and managing 5E Advanced Materials shares.
