Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-06), Taiwan Semiconductor Manufacturing Co's 12-1 Month Momentum % is 95.27%.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Taiwan Semiconductor Manufacturing Co 12-1 Month Momentum % Related Terms
TSM vs NVDA, AVGO, MU: 12-1 Month Momentum % Comparison
For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's 12-1 Month Momentum % falls into.
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Taiwan Semiconductor Manufacturing Co (TSM) has a 12-1 Month Momentum % of 95.27% as of Aug. 06, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. According to the industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #312 out of 993 companies in the Semiconductors industry, placing it in the top 31.4%.
Is Taiwan Semiconductor Manufacturing Co's 12-1 Month Momentum % too high?
Taiwan Semiconductor Manufacturing Co's current 12-1 Month Momentum % is 95.27%. The Semiconductors industry median 12-1 Month Momentum % is 42.92. Taiwan Semiconductor Manufacturing Co's value of 95.27% is 122% above this industry median. Based on the distribution chart, Taiwan Semiconductor Manufacturing Co ranks #312 out of 993 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 12-1 Month Momentum % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Taiwan Semiconductor Manufacturing Co ranks #312 out of 993 companies for 12-1 Month Momentum %. This puts Taiwan Semiconductor Manufacturing Co in the upper half of its industry. The industry median 12-1 Month Momentum % is 42.92. Taiwan Semiconductor Manufacturing Co's value of 95.27% is 122% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Semiconductors company?
The median 12-1 Month Momentum % among Semiconductors companies is 42.92, based on 993 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Semiconductor Manufacturing Co's current 12-1 Month Momentum % of 95.27% is 122% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. For the Semiconductors industry, the median 12-1 Month Momentum % is 42.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Semiconductor Manufacturing Co's current 12-1 Month Momentum % is 95.27%. 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 $306.53, compared to a current price of $418.20 — trading 36.4% above its estimated fair value. The current 12-1 Month Momentum % is 95.27% and 122% above the Semiconductors industry median of 42.92. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (TSM), the current 12-1 Month Momentum % is 95.27% as of Aug. 06, 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 $418.20 is trading 36.4% above its estimated GF Value™ of $306.53.
GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Significantly Overvalued.
Key valuation signals for TSM:
12-1 Month Momentum %: 95.27%
GF Value™: $306.53 vs. price of $418.20 (36.4% above fair value)
Industry Position: 122% above the Semiconductors median (#312 of 993)
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
Get the complete analysis for TSM
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSM has been successfully added to your 
