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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 1.18
TSM's Cash to Debt is ranked higher than
61% of the 1122 Companies
in the Global Semiconductors industry.

( Industry Median: 1.96 vs. TSM: 1.18 )
TSM' s 10-Year Cash to Debt Range
Min: 0.49   Max: No Debt
Current: 1.18

Equity to Asset 0.71
TSM's Equity to Asset is ranked higher than
75% of the 1095 Companies
in the Global Semiconductors industry.

( Industry Median: 0.63 vs. TSM: 0.71 )
TSM' s 10-Year Equity to Asset Range
Min: 0.56   Max: 0.88
Current: 0.71

0.56
0.88
Interest Coverage 79.37
TSM's Interest Coverage is ranked higher than
60% of the 660 Companies
in the Global Semiconductors industry.

( Industry Median: 2416.00 vs. TSM: 79.37 )
TSM' s 10-Year Interest Coverage Range
Min: 2.13   Max: 374.18
Current: 79.37

2.13
374.18
F-Score: 6
Z-Score: 8.03
M-Score: -2.87
WACC vs ROIC
7.29%
31.71%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 38.79
TSM's Operating margin (%) is ranked higher than
99% of the 1107 Companies
in the Global Semiconductors industry.

( Industry Median: 4.84 vs. TSM: 38.79 )
TSM' s 10-Year Operating margin (%) Range
Min: 6.33   Max: 40.1
Current: 38.79

6.33
40.1
Net-margin (%) 34.58
TSM's Net-margin (%) is ranked higher than
98% of the 1107 Companies
in the Global Semiconductors industry.

( Industry Median: 4.02 vs. TSM: 34.58 )
TSM' s 10-Year Net-margin (%) Range
Min: 11.12   Max: 40.89
Current: 34.58

11.12
40.89
ROE (%) 28.61
TSM's ROE (%) is ranked higher than
97% of the 1108 Companies
in the Global Semiconductors industry.

( Industry Median: 4.89 vs. TSM: 28.61 )
TSM' s 10-Year ROE (%) Range
Min: 5.37   Max: 31.43
Current: 28.61

5.37
31.43
ROA (%) 19.53
TSM's ROA (%) is ranked higher than
97% of the 1123 Companies
in the Global Semiconductors industry.

( Industry Median: 2.77 vs. TSM: 19.53 )
TSM' s 10-Year ROA (%) Range
Min: 3.8   Max: 24.6
Current: 19.53

3.8
24.6
ROC (Joel Greenblatt) (%) 35.49
TSM's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 1119 Companies
in the Global Semiconductors industry.

( Industry Median: 7.91 vs. TSM: 35.49 )
TSM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.11   Max: 48.08
Current: 35.49

3.11
48.08
Revenue Growth (3Y)(%) 12.40
TSM's Revenue Growth (3Y)(%) is ranked higher than
89% of the 791 Companies
in the Global Semiconductors industry.

( Industry Median: -1.80 vs. TSM: 12.40 )
TSM' s 10-Year Revenue Growth (3Y)(%) Range
Min: -1.4   Max: 44.2
Current: 12.4

-1.4
44.2
EBITDA Growth (3Y)(%) 13.20
TSM's EBITDA Growth (3Y)(%) is ranked higher than
87% of the 570 Companies
in the Global Semiconductors industry.

( Industry Median: -6.40 vs. TSM: 13.20 )
TSM' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -4.4   Max: 49.6
Current: 13.2

-4.4
49.6
EPS Growth (3Y)(%) 4.50
TSM's EPS Growth (3Y)(%) is ranked higher than
83% of the 488 Companies
in the Global Semiconductors industry.

( Industry Median: -8.90 vs. TSM: 4.50 )
TSM' s 10-Year EPS Growth (3Y)(%) Range
Min: -17.1   Max: 77.3
Current: 4.5

-17.1
77.3
» TSM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

TSM Guru Trades in Q1 2014

Caxton Associates 16,500 sh (New)
David Dreman 2,957 sh (New)
Steven Cohen 383,695 sh (New)
Sarah Ketterer 1,314,233 sh (+143.74%)
Ron Baron 560,500 sh (+28.58%)
Howard Marks 2,736,084 sh (+26.65%)
First Pacific Advisors 1,386,500 sh (+3.74%)
Ken Fisher 17,251,645 sh (+2.37%)
Richard Pzena 388,650 sh (+0.73%)
John Hussman 55,000 sh (unchged)
Jim Simons 25,289,551 sh (-12.97%)
Jeremy Grantham 2,857,300 sh (-26.42%)
Pioneer Investments 167,206 sh (-41.68%)
» More
Q2 2014

TSM Guru Trades in Q2 2014

Ron Baron 767,000 sh (+36.84%)
Ken Fisher 21,688,880 sh (+25.72%)
Howard Marks 3,238,784 sh (+18.37%)
Jim Simons 26,354,151 sh (+4.21%)
Sarah Ketterer 1,342,833 sh (+2.18%)
John Hussman 55,000 sh (unchged)
Pioneer Investments Sold Out
David Dreman Sold Out
Caxton Associates Sold Out
Richard Pzena 386,375 sh (-0.59%)
First Pacific Advisors 772,100 sh (-44.31%)
Jeremy Grantham 709,900 sh (-75.15%)
» More
Q3 2014

TSM Guru Trades in Q3 2014

Caxton Associates 31,600 sh (New)
Jeremy Grantham 1,447,700 sh (+103.93%)
Howard Marks 4,415,484 sh (+36.33%)
Sarah Ketterer 1,668,833 sh (+24.28%)
Ron Baron 850,000 sh (+10.82%)
Richard Pzena 386,375 sh (unchged)
John Hussman 55,000 sh (unchged)
Ken Fisher 19,979,699 sh (-7.88%)
Jim Simons 21,506,551 sh (-18.39%)
First Pacific Advisors 430,800 sh (-44.2%)
» More
Q4 2014

TSM Guru Trades in Q4 2014

Sarah Ketterer 3,482,833 sh (+108.7%)
Jeremy Grantham 1,654,800 sh (+14.31%)
Ken Fisher 22,342,554 sh (+11.83%)
Howard Marks 4,887,784 sh (+10.7%)
Ron Baron 900,000 sh (+5.88%)
John Hussman 55,000 sh (unchged)
Richard Pzena 386,375 sh (unchged)
Caxton Associates Sold Out
Jim Simons 15,607,071 sh (-27.43%)
First Pacific Advisors 161,700 sh (-62.47%)
» More
» Details

Insider Trades

Latest Guru Trades with TSM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ken Fisher 2014-12-31 Add 11.83%0.11%$19.44 - $23.47 $ 24.3312%22342554
Ken Fisher 2014-06-30 Add 25.72%0.2%$19.62 - $21.69 $ 24.3318%21688880
Ron Baron 2014-06-30 Add 36.84%0.02%$19.62 - $21.69 $ 24.3318%767000
David Dreman 2014-06-30 Sold Out $19.62 - $21.69 $ 24.3318%0
Ron Baron 2014-03-31 Add 28.58%0.01%$16.46 - $19.64 $ 24.3336%560500
David Dreman 2014-03-31 New Buy$16.46 - $19.64 $ 24.3336%2957
Ron Baron 2013-12-31 Add 1795.22%0.03%$16.99 - $19.16 $ 24.3337%435900
Richard Pzena 2013-12-31 Add 193.69%0.03%$16.99 - $19.16 $ 24.3337%385844
Richard Pzena 2013-09-30 New Buy0.01%$15.75 - $18.54 $ 24.3343%131379
Ron Baron 2013-09-30 Add 91.67%$15.75 - $18.54 $ 24.3343%23000
Ken Fisher 2013-06-30 Reduce -49.36%0.74%$16.73 - $20.21 $ 24.3332%17122760
Richard Pzena 2013-06-30 Sold Out 0.01%$16.73 - $20.21 $ 24.3332%0
Ron Baron 2013-06-30 New Buy$16.73 - $20.21 $ 24.3332%12000
Richard Pzena 2012-12-31 Reduce -74.9%0.02%$15.03 - $17.27 $ 24.3349%42903
Ken Fisher 2012-09-30 Add 185.49%0.97%$12.65 - $15.82 $ 24.3373%33402757
Ken Fisher 2012-06-30 Add 29.44%0.11%$13.04 - $16.1 $ 24.3368%11700231
Ken Fisher 2011-12-31 Add 20.07%0.06%$11.31 - $13.22 $ 24.3394%8629566
Richard Pzena 2011-12-31 Reduce -46.92%0.02%$11.31 - $13.22 $ 24.3394%168500
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 17.40
TSM's P/E(ttm) is ranked higher than
84% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 57.00 vs. TSM: 17.40 )
TSM' s 10-Year P/E(ttm) Range
Min: 9.99   Max: 34.35
Current: 17.4

9.99
34.35
Forward P/E 13.62
TSM's Forward P/E is ranked higher than
92% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 13.62 )
N/A
PE(NRI) 17.40
TSM's PE(NRI) is ranked higher than
84% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 56.70 vs. TSM: 17.40 )
TSM' s 10-Year PE(NRI) Range
Min: 10   Max: 34.39
Current: 17.4

10
34.39
P/B 3.73
TSM's P/B is ranked lower than
52% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 2.05 vs. TSM: 3.73 )
TSM' s 10-Year P/B Range
Min: 2   Max: 4.11
Current: 3.73

2
4.11
P/S 5.69
TSM's P/S is ranked lower than
55% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 1.99 vs. TSM: 5.69 )
TSM' s 10-Year P/S Range
Min: 2.82   Max: 8.39
Current: 5.69

2.82
8.39
PFCF 68.10
TSM's PFCF is ranked higher than
69% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 92.33 vs. TSM: 68.10 )
TSM' s 10-Year PFCF Range
Min: 6   Max: 292.11
Current: 68.1

6
292.11
POCF 10.53
TSM's POCF is ranked higher than
82% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 23.65 vs. TSM: 10.53 )
TSM' s 10-Year POCF Range
Min: 4.39   Max: 13.96
Current: 10.53

4.39
13.96
EV-to-EBIT 14.91
TSM's EV-to-EBIT is ranked higher than
82% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 40.75 vs. TSM: 14.91 )
TSM' s 10-Year EV-to-EBIT Range
Min: 6.6   Max: 574
Current: 14.91

6.6
574
PEG 1.12
TSM's PEG is ranked higher than
95% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 1.12 )
TSM' s 10-Year PEG Range
Min: 0.58   Max: 5.4
Current: 1.12

0.58
5.4
Shiller P/E 24.09
TSM's Shiller P/E is ranked higher than
93% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 24.09 )
TSM' s 10-Year Shiller P/E Range
Min: 10.23   Max: 31.16
Current: 24.09

10.23
31.16
Current Ratio 2.76
TSM's Current Ratio is ranked higher than
71% of the 1113 Companies
in the Global Semiconductors industry.

( Industry Median: 2.54 vs. TSM: 2.76 )
TSM' s 10-Year Current Ratio Range
Min: 1.18   Max: 6.34
Current: 2.76

1.18
6.34
Quick Ratio 2.39
TSM's Quick Ratio is ranked higher than
75% of the 1113 Companies
in the Global Semiconductors industry.

( Industry Median: 1.94 vs. TSM: 2.39 )
TSM' s 10-Year Quick Ratio Range
Min: 1.03   Max: 5.85
Current: 2.39

1.03
5.85
Days Inventory 49.97
TSM's Days Inventory is ranked higher than
84% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 90.39 vs. TSM: 49.97 )
TSM' s 10-Year Days Inventory Range
Min: 33.32   Max: 52.58
Current: 49.97

33.32
52.58
Days Sales Outstanding 55.13
TSM's Days Sales Outstanding is ranked higher than
73% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 70.27 vs. TSM: 55.13 )
TSM' s 10-Year Days Sales Outstanding Range
Min: 0.02   Max: 77.29
Current: 55.13

0.02
77.29

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.05
TSM's Dividend Yield is ranked higher than
60% of the 544 Companies
in the Global Semiconductors industry.

( Industry Median: 1.66 vs. TSM: 2.05 )
TSM' s 10-Year Dividend Yield Range
Min: 1.59   Max: 9.18
Current: 2.05

1.59
9.18
Dividend Payout 0.28
TSM's Dividend Payout is ranked higher than
88% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 0.28 )
TSM' s 10-Year Dividend Payout Range
Min: 0.82   Max: 11.94
Current: 0.28

0.82
11.94
Yield on cost (5-Year) 1.62
TSM's Yield on cost (5-Year) is ranked lower than
54% of the 578 Companies
in the Global Semiconductors industry.

( Industry Median: 1.80 vs. TSM: 1.62 )
TSM' s 10-Year Yield on cost (5-Year) Range
Min: 1.23   Max: 7.1
Current: 1.62

1.23
7.1

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 47.18
TSM's Price/Net Current Asset Value is ranked higher than
69% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 47.18 )
TSM' s 10-Year Price/Net Current Asset Value Range
Min: 6.68   Max: 1116.67
Current: 47.18

6.68
1116.67
Price/Tangible Book 3.78
TSM's Price/Tangible Book is ranked higher than
52% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 2.48 vs. TSM: 3.78 )
TSM' s 10-Year Price/Tangible Book Range
Min: 1.82   Max: 6.28
Current: 3.78

1.82
6.28
Price/DCF (Projected) 2.50
TSM's Price/DCF (Projected) is ranked higher than
84% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 2.50 )
TSM' s 10-Year Price/DCF (Projected) Range
Min: 0.71   Max: 69.24
Current: 2.5

0.71
69.24
Price/Median PS Value 1.15
TSM's Price/Median PS Value is ranked higher than
68% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 1.19 vs. TSM: 1.15 )
TSM' s 10-Year Price/Median PS Value Range
Min: 0.57   Max: 2.16
Current: 1.15

0.57
2.16
Price/Peter Lynch Fair Value 1.03
TSM's Price/Peter Lynch Fair Value is ranked higher than
97% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. TSM: 1.03 )
TSM' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.47   Max: 4.94
Current: 1.03

0.47
4.94
Price/Graham Number 1.78
TSM's Price/Graham Number is ranked higher than
75% of the 1177 Companies
in the Global Semiconductors industry.

( Industry Median: 3.83 vs. TSM: 1.78 )
TSM' s 10-Year Price/Graham Number Range
Min: 0.79   Max: 5.52
Current: 1.78

0.79
5.52
Earnings Yield (Greenblatt) 6.70
TSM's Earnings Yield (Greenblatt) is ranked higher than
81% of the 1110 Companies
in the Global Semiconductors industry.

( Industry Median: 2.90 vs. TSM: 6.70 )
TSM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 15.2
Current: 6.7

0.2
15.2
Forward Rate of Return (Yacktman) 18.01
TSM's Forward Rate of Return (Yacktman) is ranked higher than
86% of the 436 Companies
in the Global Semiconductors industry.

( Industry Median: 6.46 vs. TSM: 18.01 )
TSM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.6   Max: 29.1
Current: 18.01

1.6
29.1

Business Description

Industry: Semiconductors » Semiconductors
Compare:INTC, BRCM, ARMH, ADI, AUO » details
Traded in other countries:2330.Taiwan, TSFA.Germany, TSM N.Mexico,
Taiwan Semiconductor Manufacturing Co Ltd was incorporated on February 21, 1987. The Company engages in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices, it also manufactures masks.
» More Articles for TSM

Headlines

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