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 2026-06-05			5-day change	1st Jan Change
2,365.00 ^TWD	-0.84%		+0.42%	+52.58%

06-05	TSMC Says Burgeoning AI Chip Demand Straining Supply Chain	MT
06-04	Wall St rises and Dow touches record high while chip selloff caps Nasdaq's gains	RE

Company Valuation: TSMC (Taiwan Semiconductor Manufacturing Company)

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	15,947,184	11,629,776	15,377,718	27,877,688	40,195,412	61,330,055	-	-
Change	-	-27.07%	32.23%	81.29%	44.18%	52.58%	-	-
Enterprise Value (EV) ¹	15,611,753	10,921,940	14,613,266	26,442,131	38,119,972	58,514,309	57,235,509	55,348,626
Change	-	-30.04%	33.8%	80.95%	44.16%	53.5%	-2.19%	-3.3%
P/E ratio	26.7x	11.4x	18.3x	23.8x	23.4x	24.1x	19.3x	15.5x
PBR	7.35x	3.95x	4.45x	6.5x	7.42x	8.24x	6.13x	4.63x
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	11.9x	9.41x	7.66x
EV / Revenue	9.83x	4.82x	6.76x	9.14x	10x	11.3x	8.78x	6.91x
EV / EBITDA	14.6x	7.01x	10.1x	13.3x	14.5x	15.5x	12.1x	9.46x
EV / EBIT	24x	9.74x	15.9x	20x	19.7x	19.7x	15.5x	12.2x
EV / FCF	57.2x	20.7x	50x	30.4x	38x	39.7x	28.4x	20.3x
FCF Yield	1.75%	4.83%	2%	3.29%	2.63%	2.52%	3.52%	4.93%
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%	1.04%	1.27%	1.53%
EPS ²	23.01	39.2	32.34	45.25	66.25	98.02	122.4	152.2
Distribution rate	47.8%	28.1%	40.2%	37.5%	33.2%	25.2%	24.6%	23.8%
Net sales ¹	1,587,415	2,263,891	2,161,740	2,894,308	3,809,054	5,166,783	6,517,497	8,004,483
EBITDA ¹	1,072,376	1,558,533	1,453,657	1,984,849	2,624,188	3,783,431	4,720,764	5,850,303
EBIT ¹	649,981	1,121,279	921,466	1,322,053	1,936,092	2,970,450	3,695,254	4,534,136
Net income ¹	596,540	1,016,530	838,498	1,173,268	1,717,883	2,550,648	3,166,142	3,846,000
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	2,365.00	2,365.00	2,365.00
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	1/13/22	1/12/23	1/18/24	1/16/25	1/15/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY)	24.13x	11.33x	15.47x	1.04%	1,943B
NVIDIA CORPORATION	21.84x	12.28x	18.26x	0.37%	4,968B
BROADCOM INC.	42.83x	17.46x	25.82x	0.68%	1,826B
MICRON TECHNOLOGY, INC.	14.66x	8.53x	10.44x	0.06%	975B
SK HYNIX INC.	7.04x	3.96x	4.84x	0.23%	942B
AMD (ADVANCED MICRO DEVICES)	85.89x	15.12x	57.22x	-.--%	760B
INTEL CORPORATION	-283.9x	8.67x	25.8x	-.--%	498B
ARM HOLDINGS PLC	280.98x	60.62x	128.47x	-.--%	366B
TEXAS INSTRUMENTS INCORPORATED	37.09x	12.72x	24.46x	2.02%	259B
MARVELL TECHNOLOGY GROUP LTD	142.57x	20.02x	53.05x	0.09%	230B
Average	37.31x	17.07x	36.38x	0.45%	1,277B
Weighted average by Cap.	25.35x	13.54x	23.86x	0.46%