Shares Outstanding Shares Outstanding n/a Close	5.19B
Shares Change (YoY) Shares Change (YoY) n/a Close	17.05%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	3.21%
Shares Floating Shares Floating n/a Close	n/a
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	57,722
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.36%

Short Selling Information

The latest short interest is 30.09M, so 0.58% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	30.09M
Short % of Shares Out Short % of Shares Out n/a Close	0.58%
Short % of Float Short % of Float n/a Close	0.58%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	1.95

Valuation Ratios

The PE ratio is 28.61 and the forward PE ratio is 0.57. Taiwan Semiconductor Manufacturing's PEG ratio is 0.76.

PE Ratio PE Ratio n/a Close	28.61
Forward PE Forward PE n/a Close	0.57
PS Ratio PS Ratio n/a Close	11.6
Forward PS Forward PS n/a Close	0.1
PB Ratio PB Ratio n/a Close	7.83
P/FCF Ratio P/FCF Ratio n/a Close	38.58
PEG Ratio PEG Ratio n/a Close	0.76

Financial Ratio History

Enterprise Valuation

Taiwan Semiconductor Manufacturing has an Enterprise Value (EV) of 166,777.5B.

EV / Sales EV / Sales n/a Close	57.62
EV / EBITDA EV / EBITDA n/a Close	84.03
EV / EBIT EV / EBIT n/a Close	91.33
EV / FCF EV / FCF n/a Close	191.66

Financial Position

The company has a current ratio of 2.44, with a Debt / Equity ratio of 0.24.

Current Ratio Current Ratio n/a Close	2.44
Quick Ratio Quick Ratio n/a Close	2.21
Debt / Equity Debt / Equity n/a Close	0.24
Debt / EBITDA Debt / EBITDA n/a Close	0.53
Debt / FCF Debt / FCF n/a Close	1.2
Interest Coverage Interest Coverage n/a Close	125.96

Financial Efficiency

Return on Equity is 27.36% and Return on Invested Capital is 20.09%.

Return on Equity Return on Equity n/a Close	27.36%
Return on Assets Return on Assets n/a Close	17.53%
Return on Invested Capital Return on Invested Capital n/a Close	20.09%
Revenue Per Employee Revenue Per Employee n/a Close	$44,423,931.73
Profits Per Employee Profits Per Employee n/a Close	$18,008,165.52
Employee Count Employee Count n/a Close	65,152
Asset Turnover Asset Turnover n/a Close	0.43
Inventory Turnover Inventory Turnover n/a Close	4.41

Taxes

Income Tax Income Tax n/a Close	233.41B
Effective Tax Rate Effective Tax Rate n/a Close	16.6%

Stock Price Statistics

The stock price has increased by 26.1% in the last 52 weeks. The beta is 1.34, so Taiwan Semiconductor Manufacturing's price volatility has been higher than the market average.

Beta Beta n/a Close	1.34
52-Week Price Change 52-Week Price Change n/a Close	26.1%
50-Day Moving Average 50-Day Moving Average n/a Close	173.72
200-Day Moving Average 200-Day Moving Average n/a Close	185.86
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	68.27
Average Volume (20 Days) Average Volume (20 Days) n/a Close	16,034,607

Income Statement

In the last 12 months, Taiwan Semiconductor Manufacturing had revenue of 2,894.3B and earned 1,173.3B in profits. Earnings per share was 226.25.

Revenue Revenue n/a Close	2,894.3B
Gross Profit Gross Profit n/a Close	1,624.4B
Operating Income Operating Income n/a Close	1,322.1B
Net Income Net Income n/a Close	1,173.3B
EBITDA EBITDA n/a Close	1,984.8B
EBIT EBIT n/a Close	1,322.1B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	226.25

Full Income Statement

Balance Sheet

The company has 2,127.6B in cash and 1,047B in debt, giving a net cash position of 1,080.6B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	2,127.6B
Total Debt Total Debt n/a Close	1,047B
Net Cash Net Cash n/a Close	1,080.6B
Retained Earnings Retained Earnings n/a Close	3,917.3B
Total Assets Total Assets n/a Close	7,133.3B
Working Capital Working Capital n/a Close	1,840.6B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1,826.2B and capital expenditures -956.01B, giving a free cash flow of 870.17B.

Operating Cash Flow Operating Cash Flow n/a Close	1,826.2B
Capital Expenditures Capital Expenditures n/a Close	-956.01B
Free Cash Flow Free Cash Flow n/a Close	870.17B
FCF Per Share FCF Per Share n/a Close	33.56

Full Cash Flow Statement

Margins

Gross margin is 56.12%, with operating and profit margins of 45.68% and 40.54%.

Gross Margin Gross Margin n/a Close	56.12%
Operating Margin Operating Margin n/a Close	45.68%
Pretax Margin Pretax Margin n/a Close	48.57%
Profit Margin Profit Margin n/a Close	40.54%
EBITDA Margin EBITDA Margin n/a Close	68.58%
EBIT Margin EBIT Margin n/a Close	45.68%
FCF Margin FCF Margin n/a Close	30.06%

Dividends & Yields

TSM pays an annual dividend of $2.81, which amounts to a dividend yield of 1.39%.

Dividend Per Share Dividend Per Share n/a Close	$2.81
Dividend Yield Dividend Yield n/a Close	1.39%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	23.53%
Payout Ratio Payout Ratio n/a Close	33.58%
Earnings Yield Earnings Yield n/a Close	3.49%
FCF Yield FCF Yield n/a Close	0.52%

Dividend Details

Analyst Forecast

The average price target for TSM is $232.5, which is 13.2% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$232.5
Price Target Difference Price Target Difference n/a Close	13.2%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$4020.46
Lynch Upside Lynch Upside n/a Close	1856.9%
Graham Number Graham Number n/a Close	410.38
Graham Upside Graham Upside n/a Close	99.75%

Stock Splits

The last stock split was on Jun 20, 2006. It was a forward split with a ratio of 103:100.

Last Split Date Last Split Date n/a Close	Jun 20, 2006
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	103:100

Scores

Altman Z-Score Altman Z-Score n/a Close	2.47
Piotroski F-Score Piotroski F-Score n/a Close	6