Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM

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Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM
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Price: 207 USD 0.89% Market Closed
Market Cap: 1.1T USD

Relative Value

The Relative Value of one TSM stock under the Base Case scenario is 230.65 USD. Compared to the current market price of 207 USD, Taiwan Semiconductor Manufacturing Co Ltd is Undervalued by 10%.

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
230.65 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
19
Median 3Y
7.5
Median 5Y
8.3
Industry
2.8
Forward
7.2
vs History
57
vs Industry
35
Median 3Y
18.3
Median 5Y
21.9
Industry
24.7
Forward
17.1
vs History
52
vs Industry
39
Median 3Y
11.3
Median 5Y
14
Industry
15.9
vs History
55
vs Industry
24
Median 3Y
29.7
Median 5Y
29.9
Industry
24.1
vs History
49
vs Industry
13
Median 3Y
5.2
Median 5Y
5.9
Industry
2.1
vs History
50
vs Industry
18
Median 3Y
6.9
Median 5Y
8
Industry
2.8
Forward
6.8
vs History
57
vs Industry
31
Median 3Y
12.4
Median 5Y
15.4
Industry
9.5
vs History
53
vs Industry
40
Median 3Y
10.1
Median 5Y
12.4
Industry
14.8
Forward
9.9
vs History
57
vs Industry
34
Median 3Y
15.4
Median 5Y
19.4
Industry
19.8
Forward
14.2
vs History
52
vs Industry
38
Median 3Y
10.8
Median 5Y
13.5
Industry
15
vs History
74
vs Industry
22
Median 3Y
30.6
Median 5Y
44.5
Industry
20.4
vs History
41
vs Industry
17
Median 3Y
4.4
Median 5Y
5.4
Industry
2

Multiples Across Competitors

TSM Competitors Multiples
Taiwan Semiconductor Manufacturing Co Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Taiwan Semiconductor Manufacturing Co Ltd
NYSE:TSM
27.1T USD 8.6 20.7 11.8 17.1
US
NVIDIA Corp
NASDAQ:NVDA
3.5T USD 23.4 45.3 38.6 39.6
US
Broadcom Inc
NASDAQ:AVGO
1.1T USD 20.1 88.9 38.6 55.5
JP
Shinko Electric Industries Co Ltd
TSE:6967
135.1T JPY 628.4 7 559 2 600.8 5 327.1
US
Advanced Micro Devices Inc
NASDAQ:AMD
196.8B USD 7.1 88.3 32.6 68.6
US
Texas Instruments Inc
NASDAQ:TXN
181.1B USD 11.3 37.4 26.4 34.3
US
Qualcomm Inc
NASDAQ:QCOM
171B USD 4 15.5 12.7 14.6
UK
Arm Holdings PLC
NASDAQ:ARM
146.5B USD 36.6 185 141.7 172.9
US
Micron Technology Inc
NASDAQ:MU
124B USD 4 26.6 9.1 21
KR
SK Hynix Inc
KRX:000660
159.1T KRW 2.2 6.1 4 5.8
US
Analog Devices Inc
NASDAQ:ADI
113B USD 11.5 61.7 26.9 51