Taiwan Semiconductor Manufacturing Company Limited
Company & revenue
About Taiwan Semiconductor Manufacturing Company Limited
Financial breakdown: year ended 2025-12-31 · Research updated Oct 2, 2026
Who they are
Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes.
How they make money
TSMC operates as a dedicated semiconductor foundry, manufacturing integrated circuits and other semiconductor devices based on designs provided by its customers. The company does not design, manufacture, or market semiconductor products under its own brand, ensuring it does not compete with its customers.
Products & services
Manufacturing of integrated circuits, packaging, testing, computer-aided design of semiconductor devices, and manufacturing of masks.
Product / operating segments
Calculated from reported segment revenue. Percentages use consolidated company revenue unless a different denominator is stated.
Customer types
Customer concentrationPREMIUM
The company's second largest customer accounted for 17% of net revenue in 2025, as disclosed in the 2025 Annual Report.
Risks
- Concentrated customer base leading to seasonal demand fluctuationsSource
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
57
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
87
Strong
Financial Strength
76
Business Quality / Moat
100
Management
100
Growth Quality
69
Risk / Durability
89
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
67
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
71/100
Building Historical Record
Model Score 71/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
WSS currently rates the company as mixed to moderately strong.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently positive.
- •Insider activity signal is favorable
- •Valuation is a weaker part of the current profile
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for TSM
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can TSM maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is TSM's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •How is TSM likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What future growth or profitability would be needed to justify TSM's current valuation?
Essential Investment Snapshot
Wall Street Score
57
Opportunity Score
67
Market Cap
$2.45T
P/E Ratio
33.6
EPS
$13.64
52-Week High
$479.00
52-Week Low
$266.82
Beta
1.39
Intrinsic Value
$525.19
Analyst Target
$554.00
Shares Outstanding
5.19B
Total Revenue
$139.48B
Total Debt
$33.49B
Dividend Yield
0.94%
Liquidation Value / Share
$39.13
Annual Dividend
$4.45
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TSM
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Community Sentiment
0 active · 0 total callsNo personal call yet on TSM.
What the Bulls Say
- +Strong technology differentiation.
- +Broad customer base.
- +Product opportunity: Manufacturing of integrated circuits, packaging, testing, computer-aided design of semiconductor devices, and manufacturing of masks.
- +Positive free cash flow may provide capacity to invest in growth.
What the Bears Say
- −Concentrated customer base leading to seasonal demand fluctuations.
Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
4 historical score records availablePrevious Score
52
Jul 24, 2026
Change
+5.2
points
Current Score
57
Oct 1, 2026
Category Changes
TSM increased 5.2 points because Valuation improved by 28.8 points, Buffett improved by 2.8 points.
Positive Contributors
- + Valuation improved by 28.8 points
- + Buffett improved by 2.8 points
Projected Score
Projected Score
62
Projected Change
+5.2%
Preliminary comparable-period financial changes suggest improvement of approximately 5.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Near Fair ValueCurrent Price
$472.78
Intrinsic Value
$525.19
Difference
−$52.41
-10.0% vs IV
Margin of Safety
10.0%
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