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Taiwan Semiconductor Manufacturing CoTSM -0.83%97 3-Year EPS without NRI Growth Rate is 19.60% as of Jun. 2026, which is 22% above its 10-year median of 16.05. GuruFocus rates TSM with a GF Score™ of 97/100 and a GF Value™ of $329.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 758 Semiconductors companies, Taiwan Semiconductor Manufacturing Co ranks better than 74.67% on this metric.
During the past 12 months, Taiwan Semiconductor Manufacturing Co's average EPS without NRI Growth Rate was 51.80% per year.
During the past 3 years, the average EPS without NRI Growth Rate was 19.60% per year.
During the past 5 years, the average EPS without NRI Growth Rate was 25.40% per year.
During the past 10 years, the average EPS without NRI Growth Rate was 19.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 13 years, the highest 3-Year average EPS without NRI Growth Rate of Taiwan Semiconductor Manufacturing Co was 59.70% per year. The lowest was -18.00% per year. And the median was 16.05% per year.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Taiwan Semiconductor Manufacturing Co 3-Year EPS without NRI Growth Rate Related Terms
TSM vs NVDA, AVGO, MU: 3-Year EPS without NRI Growth Rate Comparison
For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing Co's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Taiwan Semiconductor Manufacturing Co 3-Year EPS without NRI Growth Rate vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's 3-Year EPS without NRI Growth Rate falls into.
Taiwan Semiconductor Manufacturing Co 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of 19.60% mean?
Taiwan Semiconductor Manufacturing Co (TSM) has a 3-Year EPS without NRI Growth Rate of 19.60% as of Jun. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Taiwan Semiconductor Manufacturing Co and its competitors. This is 22% above median its historical median of 16.05. According to the industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #192 out of 758 companies in the Semiconductors industry, placing it in the top 25.3%.
Is Taiwan Semiconductor Manufacturing Co's 3-Year EPS without NRI Growth Rate too high?
Taiwan Semiconductor Manufacturing Co's current 3-Year EPS without NRI Growth Rate of 19.60% is 22% above median its 10-year median of 16.05. Based on the distribution chart, Taiwan Semiconductor Manufacturing Co ranks #192 out of 758 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Taiwan Semiconductor Manufacturing Co has a GF Score™ of 97/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Manufacturing Co's 3-Year EPS without NRI Growth Rate compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #192 out of 758 companies for 3-Year EPS without NRI Growth Rate. This puts Taiwan Semiconductor Manufacturing Co in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for a Semiconductors company?
A good 3-Year EPS without NRI Growth Rate depends on the Semiconductors industry context. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Taiwan Semiconductor Manufacturing Co and its competitors. Taiwan Semiconductor Manufacturing Co's current 3-Year EPS without NRI Growth Rate is 19.60%, which is 22% above median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Semiconductor Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co (TSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $329.58, compared to a current price of $435.36 — trading 32.1% above its estimated fair value. The current 3-Year EPS without NRI Growth Rate is 19.60%, which is 22% above median its 10-year median of 16.05. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (TSM), the current 3-Year EPS without NRI Growth Rate is 19.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Taiwan Semiconductor Manufacturing Co (TSM) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co stock appears to be overvalued.
The current stock price of $435.36 is trading 32.1% above its estimated GF Value™ of $329.58.
GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Significantly Overvalued.
Key valuation signals for TSM:
3-Year EPS without NRI Growth Rate: 19.60% (22% above median its 10-year median of 16.05)
GF Value™: $329.58 vs. price of $435.36 (32.1% above fair value)
No single metric tells the full story. See the TSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with about 70% market share in 2025. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.
97GF Score
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