TaiwanUS$406.13-5.95%
Click any ratio for an explanation.
Revenue grew +24.5% a year over the last 4 fiscal years, fast for a listed company. Profit per share grew faster (+26.8% a year), so margins are widening as it scales. Analysts expect further profit growth next year: the forward multiple is +51.6% below the trailing one.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| +26.8% | -5% → +20% | 100 | 40% | |
| +24.5% | -2% → +15% | 100 | 35% | |
| +51.6% | -10% → +30% | 100 | 25% |
The windows point in different directions (-2.0% in 3 months against +40.8% over a year), so the trend has recently turned. A one-year gain of this size is what lifts the score toward the top of the range.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| -2.0% | -20% → +20% | 45 | 35% | |
| -2.5% | -25% → +30% | 41 | 30% | |
| +40.8% | -30% → +45% | 94 | 35% |
The company holds more cash than debt, so lenders are no constraint on it. Debt equals 12% of equity, so the equity cushion is thick. The Piotroski F-Score of 8/9 confirms improving fundamentals.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| -0.9x | 3.5x → -1.0x | 97 | 30% | |
| 12% | 200% → 10% | 99 | 20% | |
| 20.6% | 0% → 15% | 100 | 15% | |
| 2.51 | 0.8x → 2.0x | 100 | 10% | |
| 8/9 | 3/9 → 8/9 | 100 | 10% | |
| 3.1 | 1.8 → 5.0 | 40 | 10% | |
| 166x | 2x → 20x | 100 | 5% |
Return on equity of 41.9% means the company earns far more on its capital than it costs to fund. About 51% of every euro of revenue survives as net profit, which points to real pricing power. ROIC of 51.8% confirms the returns are not just an effect of leverage.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| 41.9% | 5% → 35% | 100 | 30% | |
| 58.7% | 3% → 30% | 100 | 25% | |
| 51.1% | 2% → 25% | 100 | 20% | |
| 51.8% | 4% → 20% | 100 | 15% | |
| 59.9% | 15% → 60% | 100 | 10% |
At 26.3x trailing earnings investors already pay up for future growth. The forward P/E of 17.4 is lower, so expected profit growth makes it look cheaper looking ahead. EV/EBITDA of 3.8 confirms the cheap reading including debt. Based on 75% of the inputs — the rest is not published for this instrument.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| 26.3x | 40x → 8x | 43 | 30% | |
| 17.4x | 32x → 7x | 59 | 20% | |
| 3.8x | 22x → 6x | 100 | 15% | |
| 0.93% | 0% → 6% | 16 | 10% | |
| n/a | 1.6x → 0.7x | — | 25% |
Annualised volatility of 31.8% is normal for a single share. The worst fall in the past year was -15.4%, a meaningful but ordinary correction. A beta of 1.24 amplifies market moves in both directions.
| Ratio | Value | Weak → Strong | Score | Wt |
|---|---|---|---|---|
| 31.8% | 55% → 15% | 58 | 40% | |
| -15.4% | -40% → -8% | 77 | 35% | |
| 1.24 | 1.8 → 0.7 | 51 | 25% |
Source: Yahoo Finance + EODHD + FMP + Finnhub
Last 5 fiscal years plus the current year. Click any row for an explanation.
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Recent analyst actions
Buy · 2 Sept 2026
Buy · 13 Feb 2026
Neutral → Positive · 17 Apr 2023
- Mean target
- US$584.39
- Target range
- US$440.00 – US$1,000.00
- Implied upside
- +43.9%
- Consensus score
- 1.38
Quarterly results (estimated) · 14 Jan 2027
Next reporting date published by the company
Dividend · 10 Dec 2026
Payment 2027-01-07 · Ex-dividend 2026-12-10
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Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, 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 various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
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