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Taiwan Semiconductor Manufacturing Co Ltd

TSM
294.720USD
+1.750+0.60%
Close 12/05, 16:00ETQuotes delayed by 15 min
1.53TMarket Cap
30.21P/E TTM

Taiwan Semiconductor Manufacturing Co Ltd

294.720
+1.750+0.60%
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison

TradingKey Stock Score of Taiwan Semiconductor Manufacturing Co Ltd

Currency: USD Updated: 2025-12-05

Key Insights

The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Taiwan Semiconductor Manufacturing Co Ltd's Score

Industry at a Glance

Industry Ranking
50 / 103
Overall Ranking
158 / 4582
Industry
Semiconductors & Semiconductor Equipment

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Analyst Rating

Based on 19 analysts
Buy
Current Rating
345.381
Target Price
+17.19%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Taiwan Semiconductor Manufacturing Co Ltd Highlights

StrengthsRisks

Taiwan Semiconductor Manufacturing Company Limited is a leading Taiwanese multinational firm specializing in semiconductor contract manufacturing and design services. Recognized as one of the most valuable semiconductor firms globally, it stands as the largest dedicated independent semiconductor foundry and is considered Taiwan's most significant company, with its headquarters and primary operations situated in the Hsinchu Science Park in Hsinchu, Taiwan. While the Taiwanese government remains the largest single shareholder, a substantial portion of TSMC is owned by international investors. In 2023, the company secured the 44th position on the Forbes Global 2000 list. Taiwan's exports of integrated circuits reached $184 billion in 2022, contributing nearly 25 percent to the nation's GDP. TSMC accounts for roughly 30 percent of the main index of the Taiwan Stock Exchange.

Established in 1987 by Morris Chang, TSMC became the world's first dedicated semiconductor foundry and has consistently led the industry ever since. Upon Chang’s retirement in 2018 after three decades of leadership, Mark Liu assumed the role of chairman, while C. C. Wei became the Chief Executive Officer. The company has been publicly traded on the Taiwan Stock Exchange since 1993 and was the first Taiwanese entity listed on the New York Stock Exchange in 1997. TSMC has recorded a compound annual growth rate (CAGR) of 17.4 percent in revenue and 16.1 percent in earnings since 1994.

Numerous fabless semiconductor companies, including AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm, and Nvidia, rely on TSMC for their production needs, alongside up-and-coming firms such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC. Companies specializing in programmable logic devices, Xilinx and previously Altera, also utilize TSMC's foundry services. Additionally, several integrated device manufacturers with their own fabrication plants, including Intel, NXP, STMicroelectronics, and Texas Instruments, outsource part of their production to TSMC. In fact, semiconductor company LSI re-sells TSMC wafers through its ASIC design services and design IP portfolio.

TSMC pioneered the market in 7-nanometer and 5-nanometer production capabilities and was the first to commercially implement extreme ultraviolet lithography technology developed by ASML at high volumes.

Industry Leader
The company's revenue leads the industry, with the latest annual revenue totaling USD 90.19B.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 18.62% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 9.95%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 9.95%.
Overvalued
The company’s latest PB is 9.31, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 844.16M shares, decreasing 3.26% quarter-over-quarter.
Held by ETHSX
Star Investor ETHSX holds 65.55K shares of this stock.

Financial Health

Currency: USD Updated: 2025-12-05

The company's current financial score is 7.37, which is equal to the Semiconductors & Semiconductor Equipment industry's average of 7.37. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 33.08B, representing a year-over-year increase of 40.49%, while its net profit experienced a year-over-year increase of 49.93%.

Score

Industry at a Glance

Previous score
7.37
Change
0

Financials

7.34

Key Metrics

Cash and cash equivalents
Total assets
Total liabilities
Free cash flow
Relevant data have not been disclosed by the company yet.

Quality of Earnings

7.50

Operational Efficiency

7.42

Growth Potential

7.41

Shareholder Returns

7.19

Taiwan Semiconductor Manufacturing Co Ltd's Company Valuation

Currency: USD Updated: 2025-12-05

The company’s current valuation score is 4.89, which is lower than the Semiconductors & Semiconductor Equipment industry's average of 7.30. Its current P/E ratio is 30.29, which is 12.70% below the recent high of 34.14 and 62.88% above the recent low of 11.24.

Score

Industry at a Glance

Previous score
4.89
Change
0

Valuation Dimensions

P/E
P/B
P/S
P/CF
Industry Ranking 50/103
Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2025-12-05

The company’s current earnings forecast score is 8.74, which is higher than the Semiconductors & Semiconductor Equipment industry's average of 7.65. The average price target for Taiwan Semiconductor Manufacturing Co Ltd is 354.00, with a high of 413.48 and a low of 205.00.

Score

Industry at a Glance

Previous score
8.74
Change
0

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 19 analysts
Buy
Current Rating
345.381
Target Price
+17.19%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

73
Total
8
Median
14
Average
Company name
Ratings
Analysts
Taiwan Semiconductor Manufacturing Co Ltd
TSM
19
NVIDIA Corp
NVDA
66
Advanced Micro Devices Inc
AMD
55
Broadcom Inc
AVGO
49
Intel Corp
INTC
46
Micron Technology Inc
MU
45
1
2
3
...
15

Financial Forecasting

EPS
Revenue
Net Profit
EBIT
Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2025-12-05

The company’s current price momentum score is 9.48, which is higher than the Semiconductors & Semiconductor Equipment industry's average of 8.79. Sideways: Currently, the stock price is trading between the resistance level at 308.07 and the support level at 274.09, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score
9.55
Change
-0.07

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators
Sell(1)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
2.492
Neutral
RSI(14)
55.656
Neutral
STOCH(KDJ)(9,3,3)
83.777
Neutral
ATR(14)
9.097
High Vlolatility
CCI(14)
117.826
Buy
Williams %R
17.893
Overbought
TRIX(12,20)
-0.044
Sell
StochRSI(14)
84.041
Overbought
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
292.574
Buy
MA10
288.872
Buy
MA20
286.955
Buy
MA50
291.416
Buy
MA100
268.500
Buy
MA200
228.418
Buy

Institutional Confidence

Currency: USD Updated: 2025-12-05

The company’s current institutional recognition score is 3.00, which is lower than the Semiconductors & Semiconductor Equipment industry's average of 6.75. The latest institutional shareholding proportion is 16.26%, representing a quarter-over-quarter decrease of 0.64%. The largest institutional shareholder is Ken Fisher, holding a total of 17.83M shares, representing 0.34% of shares outstanding, with 0.98% decrease in holdings.

Score

Industry at a Glance

Previous score
3.00
Change
0

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name
Shares Held
Chg %
Fidelity Management & Research Company LLC
58.97M
+18.24%
Sanders Capital, LLC
38.28M
-7.81%
Capital World Investors
31.89M
+3.66%
Capital International Investors
25.62M
+4.77%
Fisher Investments
Star Investors
17.66M
-1.89%
Van Eck Associates Corporation
17.19M
-1.35%
JP Morgan Asset Management
17.66M
+4.36%
MFS Investment Management
13.87M
-3.91%
Jennison Associates LLC
12.05M
+26.69%
T. Rowe Price Associates, Inc.
Star Investors
13.15M
+7.58%
1
2

Risk Assessment

Currency: USD Updated: 2025-12-05

The company’s current risk assessment score is 7.82, which is higher than the Semiconductors & Semiconductor Equipment industry's average of 4.86. The company's beta value is 1.32. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.

Score

Industry at a Glance

Previous score
7.82
Change
0
Beta vs S&P 500 index
1.30
VaR
+3.47%
240-Day Maximum Drawdown
+37.06%
240-Day Volatility
+43.68%

Return

Best Daily Return
60 days
+7.92%
120 days
+7.92%
5 years
+12.29%
Worst Daily Return
60 days
-6.41%
120 days
-6.41%
5 years
-13.33%
Sharpe Ratio
60 days
+1.64
120 days
+2.29
5 years
+0.71

Risk Assessment

Maximum Drawdown
240 days
+37.06%
3 years
+37.06%
5 years
+57.14%
Return-to-Drawdown Ratio
240 days
+1.39
3 years
+1.90
5 years
+0.47
Skewness
240 days
-0.27
3 years
+0.25
5 years
+0.31

Volatility

Realised Volatility
240 days
+43.68%
5 years
+38.26%
Standardised True Range
240 days
+2.45%
5 years
+1.42%
Downside Risk-Adjusted Return
120 days
+428.17%
240 days
+428.17%
Maximum Daily Upside Volatility
60 days
+29.17%
Maximum Daily Downside Volatility
60 days
+31.18%

Liquidity

Average Turnover Rate
60 days
+0.04%
120 days
+0.05%
5 years
--
Turnover Deviation
20 days
-26.00%
60 days
-20.99%
120 days
-4.66%

Peer Comparison

Semiconductors & Semiconductor Equipment
Taiwan Semiconductor Manufacturing Co Ltd
Taiwan Semiconductor Manufacturing Co Ltd
TSM
7.30 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Monolithic Power Systems Inc
Monolithic Power Systems Inc
MPWR
8.82 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
NXP Semiconductors NV
NXP Semiconductors NV
NXPI
8.67 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Cirrus Logic Inc
Cirrus Logic Inc
CRUS
8.44 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
GlobalFoundries Inc
GlobalFoundries Inc
GFS
8.42 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
KLA Corp
KLA Corp
KLAC
8.33 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
View more

FAQs

How does TradingKey generate the Stock Score of Taiwan Semiconductor Manufacturing Co Ltd?

The TradingKey Stock Score provides a comprehensive assessment of Taiwan Semiconductor Manufacturing Co Ltd based on 34 indicators derived from over 100 underlying data points.
These indicators are categorised into six key dimensions: financial health, company profile, earnings forecasts, price momentum, institutional confidence, and risk assessment, collectively providing investors with a thorough analysis of Taiwan Semiconductor Manufacturing Co Ltd’s performance and outlook.

How do we generate the financial health score of Taiwan Semiconductor Manufacturing Co Ltd?

To generate the financial health score of Taiwan Semiconductor Manufacturing Co Ltd, we analyse various key financial indicators across several core dimensions, including financial fundamentals, earnings quality, operational efficiency, growth potential, and shareholder returns.
By integrating these comprehensive data, the financial health score not only reflects Taiwan Semiconductor Manufacturing Co Ltd's overall stability, operational efficiency, and growth potential but also captures the investment returns delivered to shareholders. This score aims to support rational decision-making for investors and other stakeholders. A higher score indicates a better financial health of Taiwan Semiconductor Manufacturing Co Ltd.

How do we generate the company valuation score of Taiwan Semiconductor Manufacturing Co Ltd?

To generate the company valuation score of Taiwan Semiconductor Manufacturing Co Ltd, we use several key financial ratios, including P/E, P/B, P/S, and P/CF. These metrics compare Taiwan Semiconductor Manufacturing Co Ltd’s market value to its earnings, assets, sales, and cash flow, serving as core indicators for assessing company value.
By analysing these ratios in an all-round manner, the valuation score reflects not only the market’s current perception of Taiwan Semiconductor Manufacturing Co Ltd’s value but also its future profitability and growth potential, thereby supporting more informed investment decisions. A higher score indicates a fairer valuation of Taiwan Semiconductor Manufacturing Co Ltd.

How do we generate the earnings forecast score of Taiwan Semiconductor Manufacturing Co Ltd?

To calculate the earnings forecast score of Taiwan Semiconductor Manufacturing Co Ltd, we consider various key indicators such as analyst ratings, financial forecasts, support and resistance levels, and peer comparisons:
Current ratings and price targets directly reflect analysts’ expectations, while the upside space indicates their views on the stock’s growth potential.
Financial metrics like earnings per share (EPS), revenue, net income, and earnings before interest and taxes (EBIT) are core measures for assessing profitability.
By analysing the high, median, and low ranges of the target price, we can identify price trends and determine key support and resistance levels.
Comparing these indicators against peers provides context for the stock’s performance and helps anchor more realistic expectations.
These factors together form a comprehensive earnings forecast score that accurately reflects the stock’s expected financial performance and growth potential. A higher score suggests that analysts have a more optimistic outlook on Taiwan Semiconductor Manufacturing Co Ltd’s future.

How do we generate the price momentum score of Taiwan Semiconductor Manufacturing Co Ltd?

When generating the price momentum score for Taiwan Semiconductor Manufacturing Co Ltd, we examine momentum indicators including support and resistance levels as well as volume metrics.
Support levels represent price points where buying interest is strong enough to prevent further declines, while resistance levels indicate prices where selling pressure may hinder upward movement. By analysing typical price volume alongside total volume, we assess overall market activity and liquidity. These indicators help identify price trends and potential shifts, enabling more accurate predictions of future earnings.
This comprehensive approach can reflect market sentiment and enable rational forecasts of Taiwan Semiconductor Manufacturing Co Ltd’s prices. A higher score indicates a more stable short-term price trend for Taiwan Semiconductor Manufacturing Co Ltd.

How do we generate the institutional confidence score of Taiwan Semiconductor Manufacturing Co Ltd?

To generate the institutional confidence score of Taiwan Semiconductor Manufacturing Co Ltd, we analyse both the proportion of shares held by institutions and the number of shares they own. A higher institutional ownership percentage indicates strong confidence of professional investors, which is generally a positive signal about Taiwan Semiconductor Manufacturing Co Ltd’s potential. By examining the number of shares held, we gain deeper insight into institutions’ commitment and attitude toward the stock, as institutional investors typically conduct thorough analysis before making investment decisions. Understanding institutional confidence helps us refine earnings forecasts and provides a more reliable perspective on the company’s future performance and market stability. A higher score indicates greater institutional endorsement of Taiwan Semiconductor Manufacturing Co Ltd.

How do we generate the risk management score of Taiwan Semiconductor Manufacturing Co Ltd?

To assess the risk management score of Taiwan Semiconductor Manufacturing Co Ltd, we examine multiple key indicators related to returns, risk, volatility, and liquidity.
The highest and lowest daily returns reflect the potential size of gains and losses, while the Sharpe ratio measures risk-adjusted return performance. On the risk side, we analyse maximum drawdown and the return-to-drawdown ratio to identify extreme loss scenarios. Skewness helps assess the distribution of returns and whether performance may be biased. Volatility indicators—such as realised volatility and standardised true range—reveal price fluctuations. Downside risk-adjusted returns provide insight into potential losses and gains. Lastly, liquidity metrics like average turnover rate and turnover deviation indicate how actively the stock is traded.
These indicators together provide a multi-dimensional understanding of Taiwan Semiconductor Manufacturing Co Ltd’s risk-return profile, serving as core factors of the risk management score. A higher score indicates lower risk on the side of Taiwan Semiconductor Manufacturing Co Ltd.
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