TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)

Valuation TSMC (Taiwan Semiconductor Manufacturing Company)

Stocks

2330

TW0002330008

Semiconductors

End-of-day quote Taiwan S.E. Other stock markets 17/06/2026			5-day change	1st Jan Change
2,385.00 ^TWD	-0.63%		+5.76%	+53.87%

07:07am	Trump says Apple to partner with Intel on US chip design, production	RE
04:54am	Marvell in Talks With TSMC For 1.4-Nanometer Chips by 2028	MT

Company Valuation: TSMC (Taiwan Semiconductor Manufacturing Company)

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	15,947,184	11,629,776	15,377,718	27,877,688	40,195,412	61,848,702	-	-
Change	-	-27.07%	32.23%	81.29%	44.18%	53.87%	-	-
Enterprise Value (EV) ¹	15,611,753	10,921,940	14,613,266	26,442,131	38,119,972	59,032,956	57,754,156	55,867,273
Change	-	-30.04%	33.8%	80.95%	44.16%	54.86%	-2.17%	-3.27%
P/E	26.7x	11.4x	18.3x	23.8x	23.4x	24.2x	19.4x	15.4x
PBR	7.35x	3.95x	4.45x	6.5x	7.42x	8.3x	6.17x	4.65x
PEG	-	0.2x	-1x	0.6x	0.5x	0.5x	0.8x	0.6x
Capitalization / Revenue	10x	5.14x	7.11x	9.63x	10.6x	12x	9.48x	7.66x
EV / Revenue	9.83x	4.82x	6.76x	9.14x	10x	11.4x	8.85x	6.92x
EV / EBITDA	14.6x	7.01x	10.1x	13.3x	14.5x	15.6x	12.2x	9.5x
EV / EBIT	24x	9.74x	15.9x	20x	19.7x	19.8x	15.6x	12.3x
EV / FCF	57.2x	20.7x	50x	30.4x	38x	39.9x	28.6x	20.3x
FCF Yield	1.75%	4.83%	2%	3.29%	2.63%	2.51%	3.49%	4.92%
Dividend per Share ²	11	11	13	16.99	22	24.68	30.06	36.25
Rate of return	1.79%	2.45%	2.19%	1.58%	1.42%	1.03%	1.26%	1.52%
EPS ²	23.01	39.2	32.34	45.25	66.25	98.46	123	155.2
Distribution rate	47.8%	28.1%	40.2%	37.5%	33.2%	25.1%	24.4%	23.4%
Net sales ¹	1,587,415	2,263,891	2,161,740	2,894,308	3,809,054	5,170,992	6,525,960	8,069,461
EBITDA ¹	1,072,376	1,558,533	1,453,657	1,984,849	2,624,188	3,790,635	4,734,211	5,878,503
EBIT ¹	649,981	1,121,279	921,466	1,322,053	1,936,092	2,977,107	3,705,196	4,556,813
Net income ¹	596,540	1,016,530	838,498	1,173,268	1,717,883	2,556,838	3,175,389	3,866,860
Net Debt ¹	-335,431	-707,836	-764,452	-1,435,557	-2,075,440	-2,815,746	-4,094,546	-5,981,429
Reference price ²	615.00	448.50	593.00	1,075.00	1,550.00	2,385.00	2,385.00	2,385.00
Nbr of stocks (in thousands)	25,930,380	25,930,380	25,932,071	25,932,733	25,932,524	25,932,370	-	-
Announcement Date	13/01/22	12/01/23	18/01/24	16/01/25	15/01/26	-	-	-

¹TWD in Million²TWD

Estimates

P/E, 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)	24.22x	11.42x	15.57x	1.03%	1,957B
NVIDIA CORPORATION	21.86x	12.25x	18.25x	0.37%	4,957B
BROADCOM INC.	43.48x	17.89x	26.29x	0.67%	1,869B
MICRON TECHNOLOGY, INC.	17.33x	10.13x	12.36x	0.05%	1,176B
SK HYNIX INC.	8.29x	4.77x	5.85x	0.21%	1,179B
AMD (ADVANCED MICRO DEVICES)	94.35x	16.64x	62.79x	-.--%	836B
INTEL CORPORATION	-349.35x	10.54x	31.37x	-.--%	609B
ARM HOLDINGS PLC	343.65x	74.15x	157.27x	-.--%	447B
KIOXIA HOLDINGS CORPORATION	100.93x	23.56x	47.89x	-.--%	327B
TEXAS INSTRUMENTS INCORPORATED	39.28x	13.45x	25.85x	1.9%	275B
Average	34.40x	19.48x	40.35x	0.42%	1,363B
Weighted average by Cap.	24.28x	14.59x	26.13x	0.44%