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 11/07/2025			5-day change	1st Jan Change
1,100.00 ^TWD	0.00%		+1.38%	+2.33%

11/07	S&P 500, Nasdaq post record closes, Nvidia closing valuation $4 trillion	RE
11/07	S&P 500, Nasdaq post record closes, Nvidia closing valuation $4 trillion	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	2,85,25,877	-	-
Change	-	16.04%	-27.07%	32.23%	81.29%	2.33%	-	-
Enterprise Value (EV) ¹	1,34,28,194	1,56,11,753	1,09,21,940	1,46,13,266	2,64,42,131	2,68,19,877	2,61,85,635	2,52,99,964
Change	-	16.26%	-30.04%	33.8%	80.95%	1.43%	-2.36%	-3.38%
P/E ratio	26.5x	26.7x	11.4x	18.3x	23.8x	18.7x	16.2x	13.8x
PBR	7.43x	7.35x	3.95x	4.45x	6.5x	5.3x	4.33x	3.56x
PEG	-	1.8x	0.2x	-1x	0.6x	0.6x	1x	0.8x
Capitalization / Revenue	10.3x	10x	5.14x	7.11x	9.63x	7.84x	6.76x	5.73x
EV / Revenue	10x	9.83x	4.82x	6.76x	9.14x	7.37x	6.21x	5.08x
EV / EBITDA	14.9x	14.6x	7.01x	10.1x	13.3x	10.9x	9.26x	7.59x
EV / EBIT	23.7x	24x	9.74x	15.9x	20x	15.5x	13.2x	10.9x
EV / FCF	42.6x	57.2x	20.7x	50x	30.4x	32.2x	22.9x	13.5x
FCF Yield	2.35%	1.75%	4.83%	2%	3.29%	3.11%	4.38%	7.4%
Dividend per Share ²	10	11	11	13	16.99	18.87	21.77	26.31
Rate of return	1.89%	1.79%	2.45%	2.19%	1.58%	1.72%	1.98%	2.39%
EPS ²	19.98	23.01	39.2	32.34	45.25	58.83	68	79.84
Distribution rate	50.1%	47.8%	28.1%	40.2%	37.5%	32.1%	32%	33%
Net sales ¹	13,39,255	15,87,415	22,63,891	21,61,740	28,94,308	36,39,143	42,18,587	49,77,089
EBITDA ¹	8,98,509	10,72,376	15,58,533	14,53,657	19,84,849	24,57,493	28,26,643	33,33,467
EBIT ¹	5,66,784	6,49,981	11,21,279	9,21,466	13,22,053	17,26,849	19,83,595	23,27,843
Net income ¹	5,17,885	5,96,540	10,16,530	8,38,498	11,73,268	15,31,448	17,64,198	20,60,300
Net Debt ¹	-3,14,907	-3,35,431	-7,07,836	-7,64,452	-14,35,557	-17,06,000	-23,40,242	-32,25,913
Reference price ²	530.00	615.00	448.50	593.00	1,075.00	1,100.00	1,100.00	1,100.00
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	2,59,32,616	-	-
Announcement Date	14/01/21	13/01/22	12/01/23	18/01/24	16/01/25	-	-	-

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)	18.7x	7.37x	10.91x	1.72%	98TCr
NVIDIA CORPORATION	40.39x	19.7x	32.85x	0.02%	4,02400Cr
BROADCOM INC.	62.1x	21.28x	32.03x	0.86%	1,29100Cr
AMD (ADVANCED MICRO DEVICES)	77.44x	7.24x	34.66x	-.--%	24TCr
TEXAS INSTRUMENTS INCORPORATED	40x	12.13x	26.33x	2.48%	20TCr
QUALCOMM, INC.	16.01x	3.88x	10.04x	2.22%	17TCr
ARM HOLDINGS PLC	130.47x	31.4x	64.86x	-.--%	15TCr
SK HYNIX INC.	6.91x	2.33x	3.86x	0.51%	15TCr
MICRON TECHNOLOGY, INC.	17.6x	3.9x	8.01x	0.37%	14TCr
ANALOG DEVICES, INC.	53.98x	11.8x	26.54x	1.6%	12TCr
Average	46.36x	12.10x	25.01x	0.98%	74.65TCr
Weighted average by Cap.	42.90x	16.87x	28.72x	0.55%