TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)

Valuation TSMC (Taiwan Semiconductor Manufacturing Company)

Equities

2330

TW0002330008

Semiconductors

End-of-day quote Taiwan S.E. Other stock markets 06/02/2026			5-day change	1st Jan Change
1,780.00 ^TWD	+0.85%		+0.28%	+14.84%

07/02	How far are these giants from their peak?
06/02	Intel, AMD notify customers in China of lengthy waits for CPUs	RE

Company Valuation: TSMC (Taiwan Semiconductor Manufacturing Company)

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,37,43,101	1,59,47,184	1,16,29,776	1,53,77,718	2,78,77,688	4,61,59,893	4,61,59,893	-
Change	-	16.04%	-27.07%	32.23%	81.29%	65.58%	0%	-
Enterprise Value (EV) ¹	1,34,28,194	1,56,11,753	1,09,21,940	1,46,13,266	2,64,42,131	3,81,19,972	4,35,46,935	4,23,09,506
Change	-	16.26%	-30.04%	33.8%	80.95%	44.16%	-1.97%	-2.84%
P/E ratio	26.5x	26.7x	11.4x	18.3x	23.8x	23.4x	19.9x	16.5x
PBR	7.43x	7.35x	3.95x	4.45x	6.5x	7.42x	6.41x	4.9x
PEG	-	1.8x	0.2x	-1x	0.6x	0.5x	0.5x	0.8x
Capitalization / Revenue	10.3x	10x	5.14x	7.11x	9.63x	10.6x	9.35x	7.59x
EV / Revenue	10x	9.83x	4.82x	6.76x	9.14x	10x	8.82x	6.95x
EV / EBITDA	14.9x	14.6x	7.01x	10.1x	13.3x	14.5x	12.5x	9.89x
EV / EBIT	23.7x	24x	9.74x	15.9x	20x	19.7x	16.1x	13.1x
EV / FCF	42.6x	57.2x	20.7x	50x	30.4x	38x	30.1x	21.6x
FCF Yield	2.35%	1.75%	4.83%	2%	3.29%	2.63%	3.32%	4.63%
Dividend per Share ²	10	11	11	13	16.99	20.3	24.3	29.71
Rate of return	1.89%	1.79%	2.45%	2.19%	1.58%	1.14%	1.36%	1.67%
EPS ²	19.98	23.01	39.2	32.34	45.25	66.25	89.64	107.7
Distribution rate	50.1%	47.8%	28.1%	40.2%	37.5%	31.4%	27.1%	27.6%
Net sales ¹	13,39,255	15,87,415	22,63,891	21,61,740	28,94,308	38,09,054	49,36,070	60,85,161
EBITDA ¹	8,98,509	10,72,376	15,58,533	14,53,657	19,84,849	26,24,188	34,89,734	42,79,484
EBIT ¹	5,66,784	6,49,981	11,21,279	9,21,466	13,22,053	19,36,092	27,09,874	32,40,033
Net income ¹	5,17,885	5,96,540	10,16,530	8,38,498	11,73,268	17,17,883	23,07,397	28,10,792
Net Debt ¹	-3,14,907	-3,35,431	-7,07,836	-7,64,452	-14,35,557	-20,75,440	-26,12,957	-38,50,387
Reference price ²	530.00	615.00	448.50	593.00	1,075.00	1,780.00	1,780.00	1,780.00
Nbr of stocks (in thousands)	2,59,30,380	2,59,30,380	2,59,30,380	2,59,32,071	2,59,32,733	2,59,32,524	2,59,32,524	-
Announcement Date	14/01/21	13/01/22	12/01/23	18/01/24	16/01/25	15/01/26	-	-

¹TWD in Million²TWD

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)	27.55x	11.7x	17.02x	1.14%	1,45900Cr
NVIDIA CORPORATION	40.37x	20.79x	32.52x	0.02%	4,50500Cr
BROADCOM INC.	43.25x	16.52x	24.98x	0.79%	1,57800Cr
MICRON TECHNOLOGY, INC.	12.42x	5.69x	8.26x	0.12%	44TCr
SK HYNIX INC.	14.9x	5.98x	9.62x	0.22%	40TCr
AMD (ADVANCED MICRO DEVICES)	46.62x	7.08x	30.22x	-.--%	34TCr
INTEL CORPORATION	-311.5x	4.99x	16.44x	-.--%	25TCr
TEXAS INSTRUMENTS INCORPORATED	34.53x	10.72x	22.18x	2.59%	20TCr
ANALOG DEVICES, INC.	44.09x	12.23x	20.48x	1.31%	16TCr
QUALCOMM, INC.	16.08x	3.44x	9.68x	2.61%	15TCr
Average	-3.17x	9.91x	19.14x	0.88%	94.79TCr
Weighted average by Cap.	26.91x	15.82x	25.50x	0.45%