Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Taiwan Semiconductor Manufacturing Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 5,186 Mil.
Taiwan Semiconductor Manufacturing Co (STU:TSFA) Shares Outstanding (Basic Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Taiwan Semiconductor Manufacturing Co Shares Outstanding (Basic Average) Related Terms
Taiwan Semiconductor Manufacturing Co Shares Outstanding (Basic Average) Historical Data
* 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 Shares Outstanding (Basic Average) Chart
Taiwan Semiconductor Manufacturing Co Shares Outstanding (Basic Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Basic Average) of 5,186 Mil mean?
Taiwan Semiconductor Manufacturing Co (STU:TSFA) has a Shares Outstanding (Basic Average) of 5,186 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors.
Is Taiwan Semiconductor Manufacturing Co's Shares Outstanding (Basic Average) too high?
Taiwan Semiconductor Manufacturing Co's current Shares Outstanding (Basic Average) is 5,186 Mil. Overall, Taiwan Semiconductor Manufacturing Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Manufacturing Co's Shares Outstanding (Basic Average) compare to NVDA and AVGO?
Taiwan Semiconductor Manufacturing Co's Shares Outstanding (Basic Average) of 5,186 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Semiconductors company?
A good Shares Outstanding (Basic Average) depends on the Semiconductors industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. Taiwan Semiconductor Manufacturing Co's current Shares Outstanding (Basic Average) is 5,186 Mil. 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 (STU:TSFA) is currently considered Significantly Overvalued. The stock's GF Value™ is €252.61, compared to a current price of €384.50 — trading 52.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 5,186 Mil. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (STU:TSFA), the current Shares Outstanding (Basic Average) is 5,186 Mil as of Mar. 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 (STU:TSFA) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co stock appears to be overvalued.
The current stock price of €384.50 is trading 52.2% above its estimated GF Value™ of €252.61.
GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Significantly Overvalued.
Key valuation signals for STU:TSFA:
Shares Outstanding (Basic Average): 5,186 Mil
GF Value™: €252.61 vs. price of €384.50 (52.2% above fair value)
No single metric tells the full story. See the STU:TSFA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Semiconductor Manufacturing Co Business Description
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.
88GF Score
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