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Taiwan Semiconductor Manufacturing Co Ltd ADR TSM Stock Quote

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Last close prices updated as of Jan 27, 2023, 3:32 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 93.45
  • Sector Technology
  • Industry Semiconductors
  • Investment Style Large Growth
  • Day Range 92.24  –  94.12
  • Year Range 59.43  –  128.66
  • Market Cap 485.1607 Bil
  • Volume / Avg 10.3 Mil /  14.4 Mil
  • Price / Sales 6.48
  • Price / Book 4.96
  • Forward Div Yield 2.01%
  • Trailing Div Yield 1.94%

Morningstar‘s Stock Analysis TSM

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

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Economic Moat


Capital Allocation


TSMC's Long-Term Outlook Supported by Ambitious Expansion in Multiple Sites; Shares Attractive

Phelix Lee Equity Analyst

Analyst Note

| Phelix Lee |

We maintain our fair value estimate on Taiwan Semiconductor Manufacturing, or TSMC, at TWD 850 per share (USD 140 per ADR at current foreign exchange rates) after making minor changes to our model. TSMC’s expansion plans around the globe bolster our confidence in the company’s long-term outlook not only in high performance computing, or HPC, but also in automotives, hence we still view TSMC’s shares as very undervalued. The company’s conservative capital spending budget and recent weak operational data in the supply chain suggest TSMC’s share price may have bottomed—and we believe market sentiment may improve once more positive economic data from China are reported.

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Key Statistics TSM

Company Profile TSM

Business Description

Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.

No. 8, Li-Hsin Road 6, Hsinchu Science Park
Hsinchu, 300-096, TWN
Industry Semiconductors
Employees 65,152

Related Articles TSM

FAQs for Taiwan Semiconductor Manufacturing Co Ltd ADR Stock

Yes. TSM has a forward dividend yield of 2.01%. See TSM’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TSM’s market cap is 485.16 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TSM’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TSM’s price/sales is 6.48.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TSM’s price/forward earnings is 15.85.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TSM’s price/book is 4.96.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TSM’s valuation ratios compared to the Market Index.

TSM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TSM’s historical performance against its industry peers and the overall market.