Taiwan Semiconductor Manufacturing - ADR

Taiwan Semiconductor Manufacturing - ADR

TSM

Market Cap$995.71B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Taiwan Semiconductor Manufacturing - ADRTaiwan Semiconductor Manufacturing - ADR19.51.63%23%0.40.2

Earnings Call Q1 2025

April 17, 2025 - AI Summary

First Quarter Performance: TSMC reported first-quarter revenue of $25.5 billion, a decrease of 5.1% year-over-year, primarily impacted by smartphone seasonality but partially offset by strong AI-related demand. Gross margin decreased slightly to 58.8% and operating margin fell to 48.5%.
Second Quarter Outlook: TSMC expects a significant second-quarter revenue increase, projecting between $28.4 billion and $29.2 billion, a rise of approximately 13% quarter-over-quarter and 38% year-over-year at the midpoint. Guidance reflects strong demand for 3-nanometer and 5-nanometer technologies, driven particularly by high-performance computing (HPC).
Ongoing Impact from Global Expansion: The gross margin is expected to decline by 0.8 percentage points to around 58% in Q2, attributed to the commencement of operations in overseas fabs (Kumamoto and Arizona) and the associated cost structures. The company anticipates a long-term gross margin dilution of 2-3% per year due to these expansions, potentially widening to 3-4% as capacity ramps up.

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$215.00

Target Price by Analysts

9.6% upsideTaiwan Semiconductor Manufacturing Target Price DetailsTarget Price
$22.05

Current Fair Value

88.8% downside

Overvalued by 88.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$995.71 Billion
Enterprise Value$-720,401,878,113.00
Dividend Yield$2.46967 (1.62597459349594%)
Earnings per Share$226.25
Beta1.32
Outstanding Shares5,187,431,850

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio19.49
PEG36
Price to Sales0.38
Price to Book Ratio0.22
Enterprise Value to Revenue-0.27
Enterprise Value to EBIT-0.62
Enterprise Value to Net Income-1
Total Debt to Enterprise-1.37
Debt to Equity0.21

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Taiwan Semiconductor Manufacturing