Valuation as at 2026-08-29 · see also the S&P 500 Most Undervalued screen
About Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities.
Source: Yahoo Finance company profile · factual description, not KashVector commentary
Taiwan Semiconductor Manufacturing Company Limited TSM
Technology · Semiconductors
Taiwan Semiconductor Manufacturing Company Limited's price & financial trends
Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.
Data as at 2026-08-29
Share price · last 2 years
Earnings per share (diluted) Per quarter
Free cash flow Per quarter
Dividend per share Per quarter
Value investing scale · Buffett · Dalio · Graham
📊 Cyclical company — this uses the average FCF margin across the last 4 years (23.0% of revenue) instead of the latest year alone, to avoid over- or under-valuing at a cycle extreme. Yahoo's data only covers up to 4 years, shorter than a full commodity cycle — a known limitation, not hidden here.
Intrinsic value estimate · 5-year forecast
Assumptions used in this valuation
Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.
| Bear | Base | Bull | |
|---|---|---|---|
| 5-yr FCF growth | 12.5% | 25.0% | 30.0% |
| Terminal growth | 2.5% | 2.5% | 2.5% |
| WACC (discount rate) | 12.47% | 11.47% | 10.47% |
Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.67% + 1.26 × 5.50% = 11.59% · WACC = weighted by 98%/2% capital structure
These numbers come from running Taiwan Semiconductor Manufacturing Company Limited's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or TSM's competitive position. What is DCF?
Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with TSM →
Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.
About this valuation
Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.
Frequently asked questions
Is Taiwan Semiconductor Manufacturing Company Limited (TSM) undervalued?
The Base-case DCF estimates intrinsic value at $185.47 vs a price of $417.52 on 2026-08-29 — a -55.6% margin, so the Base case reads overvalued. This is a mechanical output, not advice.