Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM

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Taiwan Semiconductor Manufacturing Co Ltd Logo
Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM
Watchlist
Price: 197.15 USD 0.51% Market Closed
Market Cap: 1T USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TSM stock under the Base Case scenario is 237.54 USD. Compared to the current market price of 197.15 USD, Taiwan Semiconductor Manufacturing Co Ltd is Undervalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TSM Relative Value
Base Case
237.54 USD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

8
P/S
P/S
Price to Sales
8
vs History
55
vs Industry
19
Median 3Y
7.5
Median 5Y
8.3
Industry
2.8
Forward
6.7
More Details
19.2
P/E
P/E
Price to Earnings
19.2
vs History
58
vs Industry
35
Median 3Y
18.3
Median 5Y
21.9
Industry
23.9
Forward
15.8
More Details
12.4
P/OCF
P/OCF
Price to OCF
12.4
vs History
53
vs Industry
39
Median 3Y
11.3
Median 5Y
14
Industry
15.7
More Details
26.9
P/FCFE
P/FCFE
Price to FCFE
26.9
vs History
63
vs Industry
24
Median 3Y
29.7
Median 5Y
30
Industry
24.3
More Details
5.5
P/B
P/B
Price to Book Value
5.5
vs History
53
vs Industry
13
Median 3Y
5.2
Median 5Y
5.9
Industry
2.1
More Details
7.4
EV/S
EV/S
Enterprise Value to Sales
7.4
vs History
57
vs Industry
18
Median 3Y
6.9
Median 5Y
8
Industry
2.8
Forward
6.2
More Details
12.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
12.9
vs History
58
vs Industry
31
Median 3Y
12.4
Median 5Y
15.4
Industry
9.3
More Details
10.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.8
vs History
57
vs Industry
40
Median 3Y
10.1
Median 5Y
12.4
Industry
14.2
Forward
9.1
More Details
15.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.8
vs History
60
vs Industry
34
Median 3Y
15.4
Median 5Y
19.4
Industry
19.1
Forward
13
More Details
11.6
EV/OCF
EV/OCF
Enterprise Value to OCF
11.6
vs History
55
vs Industry
38
Median 3Y
10.8
Median 5Y
13.5
Industry
14.6
More Details
25.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.8
vs History
79
vs Industry
22
Median 3Y
30.6
Median 5Y
46.9
Industry
19.5
More Details
5.4
EV/IC
EV/IC
Enterprise Value to IC
5.4
vs History
47
vs Industry
17
Median 3Y
4.4
Median 5Y
5.4
Industry
1.9
More Details

Multiples Across Competitors

TSM Competitors Multiples
Taiwan Semiconductor Manufacturing Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM
25.1T USD 8 19.2 10.8 15.8
US
NVIDIA Corp
NASDAQ:NVDA
3.4T USD 26 46.5 40.1 41
US
Broadcom Inc
NASDAQ:AVGO
1.1T USD 20.8 112.4 41.3 62.9
US
Advanced Micro Devices Inc
NASDAQ:AMD
182.7B USD 6.5 81.6 30.3 63.6
US
Texas Instruments Inc
NASDAQ:TXN
168.2B USD 10.4 34.5 24.5 31.9
US
Qualcomm Inc
NASDAQ:QCOM
163.2B USD 3.8 14.7 12.1 13.9
UK
Arm Holdings PLC
NASDAQ:ARM
135.4B USD 33.7 170.4 130.1 158.8
US
Micron Technology Inc
NASDAQ:MU
108.2B USD 3.4 23.1 8 18.5
US
Analog Devices Inc
NASDAQ:ADI
106.4B USD 10.9 58.4 25.5 48.3
KR
SK Hynix Inc
KRX:000660
146.4T KRW 2 5.6 3.7 5.4
US
Intel Corp
NASDAQ:INTC
88.3B USD 1.7 -4.6 15.2 -27.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM
Average EV/EBIT: 46
15.8
23%
0.7
US
NVIDIA Corp
NASDAQ:NVDA
41
32%
1.3
US
Broadcom Inc
NASDAQ:AVGO
62.9
50%
1.3
US
Advanced Micro Devices Inc
NASDAQ:AMD
63.6
86%
0.7
US
Texas Instruments Inc
NASDAQ:TXN
31.9
17%
1.9
US
Qualcomm Inc
NASDAQ:QCOM
13.9
15%
0.9
UK
Arm Holdings PLC
NASDAQ:ARM
158.8
68%
2.3
US
Micron Technology Inc
NASDAQ:MU
18.5
131%
0.1
US
Analog Devices Inc
NASDAQ:ADI
48.3
41%
1.2
KR
SK Hynix Inc
KRX:000660
5.4
21%
0.3
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -27.1 N/A N/A

See Also

Summary
TSM intrinsic value, competitors valuation, and company profile.
DCF Valuation
TSM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TSM stock valuation using valuation multiples.
Wall Street Estimates
TSM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TSM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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