TSM Taiwan Semiconductor Manufacturing Company Limited
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel rising
Closed below support (US$417.30). Treat the buy level with caution.
- 9-month channel
- US$417.74 – US$490.17 · rising, +38% a year
- 12-month channel read from
- US$417.30 – US$590.05 · rising, +62% a year
- Price in channel
- −11% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$490.17
- Published levels
- Buy and target are not from this channel — see below.
Price history, with the path projected 3 months forward
Updated 3:59 PM ET (9 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
Hit rate too low on this symbol (2/7) — no published call or alerts; levels below are for reference.
Buy at or below
US$398.67
level as at 3 Nov 2026
Our target
US$494.32
by 31 Jan 2027
Projected move
24.0%
gross, before costs
Price is at or below our buy.
Target: the projected upper line.
7 settled calls · 2 reached target (28.6%) · average best move 12.6%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 3
- Fit confidence
- 57%
- Fitted
- 3 Nov 2026
Company information
About Taiwan Semiconductor Manufacturing Company Limited
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. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Che Chia Wei
- Employees
- 65,152
- Country
- TW
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 42/100
- Profitability
- 100/100
- Financial health
- 92/100
- Cash generation
- 62/100
Key statistics
- Market cap
- US$2.22T
- Enterprise value
- US$59.21T
- Beta
- 1.38
- Avg volume
- 12.22M
- Revenue per share
- 953.56
- Dividend yield
- 1.01%
- 52-week range
- 266.82-487.47
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 24.27
- PEG
- 0.40
- Price / sales
- 12.51
- Price / book
- 8.84
- EV / EBITDA
- 16.14
- Gross margin
- 65.85%
- Operating margin
- 57.91%
- Net margin
- 51.53%
- Current ratio
- 2.58
- Quick ratio
- 2.37
- Debt / equity
- 0.14
- Interest cover
- 497.13
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$3.81T | US$2.28T | US$1.94T | US$1.70T | US$331.25 |
| 2024 | US$2.89T | US$1.62T | US$1.32T | US$1.16T | US$230.80 |
| 2023 | US$2.16T | US$1.18T | US$921.47B | US$851.74B | US$159.65 |
| 2022 | US$2.26T | US$1.35T | US$1.12T | US$992.92B | US$198.60 |
| 2021 | US$1.59T | US$819.54B | US$649.98B | US$592.36B | US$113.95 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$7.93T | US$2.54T | US$5.36T |
| 2024 | US$6.69T | US$2.41T | US$4.24T |
| 2023 | US$5.53T | US$2.08T | US$3.43T |
| 2022 | US$4.96T | US$2.05T | US$2.90T |
| 2021 | US$3.73T | US$1.57T | US$2.15T |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$2.27T | US$992.42B | US$1.72T |
| 2024 | US$1.83T | US$870.17B | US$1.17T |
| 2023 | US$1.24T | US$286.57B | US$838.50B |
| 2022 | US$1.61T | US$520.97B | US$1.14T |
| 2021 | US$1.11T | US$262.72B | US$663.13B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2024 | US$226.97 | US$2.90T | 7 |
| 2025 | US$323.34 | US$3.81T | 8 |
| 2026 | US$546.95 | US$5.49T | 10 |
| 2027 | US$731.88 | US$7.57T | 11 |
| 2028 | US$928.41 | US$9.53T | 5 |
| 2029 | US$949.56 | US$11.54T | 4 |
Analyst view
- Target (mean)
- US$585.57
- Target (high)
- US$700.00
- Target (low)
- US$500.00
- Strong buy
- 0
- Buy
- 18
- Hold
- 7
- Sell
- 0
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.