Fundamentals TSM (NYSE) - Taiwan Semiconductor Manufacturing
VR Fundamental Rating 8.58
| VR Piotroski Score | 10.00 |
| Altman-Z Score | 6.62 |
| Tobins Q Ratio | 2.78 |
| Tax Rate | 15.28% |
| Free-Cash-Flow Yield | 3.47% |
| Free-Cash-Flow Margin | 21.72% |
| Net Margin | 50.91% |
| Gross Margin | 59.68% |
| Current Ratio | 2.29 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 0.77 |
| Debt / Free-Cash Flow | 1.71 |
| Interest Expense / Debt | 1.48% |
| RoE Return on Equity | 37.73% |
| RoCE Return on Cap. Employed | 27.04% |
| RoA Return on Assets | 23.02% |
| RoIC Return on Inv. Cap. | 36.99% |
| Analysts Rating | 4.45 |
| Analysts Target Price (is above last close by |
102.98 USD 4.1%) |
VR Piotroski 10.00
1 - Yes: Net Income TTM (1161515.4m) > 10m and > 3% of Revenue TTM (3% = 68443.4m)
2 - Yes: FCF TTM (495486.2m) > 1m and > FCF prev (98%) (423633.9m)
3 - Yes: RoA TTM 23.02% (Net Income TTM 1161515.4m / Total Assets 5045844.3m) >3% and > RoA prev (98%) 17.44% (663126.3m / 3725479.5m)
4 - Yes: Total Cash from Operating Activities TTM 1623672.3m > 1m and > Net Income TTM 1161515.4m
5 - Yes: Net Debt (Debt 848638.0m - CCE 1385233.0m) to EBITDA TTM (1097845.0m) ratio: -0.49 < 3.5
6 - Yes: Current Ratio 2.29 (Total Current Assets 1995727.5m / Total Current Liabilities 0.9m) >= 1 and > Current Ratio prev (98%) 2.17 (1607072.9m / 739503.4m)
7 - Yes: Shares Outstanding last quarter 5185.9m < quarter 12m ago 5186.1m
8 - Yes: Gross Margin 59.68% (Total Revenue 2281446.5m - Cost Of Revenue 919796.4m / Total Revenue) > 20% and > Gross Margin prev (98%) 50.7%
9 - Yes: Asset Turnover 0.45 (Total Revenue 2281446.5m / Total Assets 5045844.3m) > Asset Turnover prev (98%) 0.44 (1663166.9m / 3725479.5m)
10 - Yes: Interest Coverage Ratio 87.32 (EBITDA 1097845.0m / Interest Expense 12572.9m) > 5
2 - Yes: FCF TTM (495486.2m) > 1m and > FCF prev (98%) (423633.9m)
3 - Yes: RoA TTM 23.02% (Net Income TTM 1161515.4m / Total Assets 5045844.3m) >3% and > RoA prev (98%) 17.44% (663126.3m / 3725479.5m)
4 - Yes: Total Cash from Operating Activities TTM 1623672.3m > 1m and > Net Income TTM 1161515.4m
5 - Yes: Net Debt (Debt 848638.0m - CCE 1385233.0m) to EBITDA TTM (1097845.0m) ratio: -0.49 < 3.5
6 - Yes: Current Ratio 2.29 (Total Current Assets 1995727.5m / Total Current Liabilities 0.9m) >= 1 and > Current Ratio prev (98%) 2.17 (1607072.9m / 739503.4m)
7 - Yes: Shares Outstanding last quarter 5185.9m < quarter 12m ago 5186.1m
8 - Yes: Gross Margin 59.68% (Total Revenue 2281446.5m - Cost Of Revenue 919796.4m / Total Revenue) > 20% and > Gross Margin prev (98%) 50.7%
9 - Yes: Asset Turnover 0.45 (Total Revenue 2281446.5m / Total Assets 5045844.3m) > Asset Turnover prev (98%) 0.44 (1663166.9m / 3725479.5m)
10 - Yes: Interest Coverage Ratio 87.32 (EBITDA 1097845.0m / Interest Expense 12572.9m) > 5
Altman-Z 6.62
A = 0.222 = (Total Current Assets 1995727.5m - Total Current Liabilities 873089.9m) / Total Assets 5045844.3m
B = 0.55 = Retained Earnings 2773288.1m / Total Assets 5045844.3m
C = 0.224 = EBIT TTM 1128331.0m / Total Assets 5045844.3m
D = 7.316 = Market Cap 14288570.0m / Total Liabilities 1952946.8m
E = 0.452 = Revenue TTM 2281446.5m / Total Assets 5045844.3m
6.616 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
B = 0.55 = Retained Earnings 2773288.1m / Total Assets 5045844.3m
C = 0.224 = EBIT TTM 1128331.0m / Total Assets 5045844.3m
D = 7.316 = Market Cap 14288570.0m / Total Liabilities 1952946.8m
E = 0.452 = Revenue TTM 2281446.5m / Total Assets 5045844.3m
6.616 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
Current Fundamental Values
Market Cap = 14288570.0m TWD
Market Cap in USD = 465707.4m (14288570.0m TWD * 0.0326 TWDUSD)
Revenue TTM = 2281446.5m
Ebit TTM = 1128331.0m
Debt = 848638.0m (short 0.0m + long 848638.0m) last quarter
CCE = 1385233.0m last quarter
Enterprise Value = 13751975.0m (Market Cap 14288570.0m + Debt 848638.0m - CCE 1385233.0m)
Net Debt = -536595.0 (848638.0m Debt - 1385233.0m Cash and Cash Equilavents)
EBITDA = 1097845.0m (TTM)
FCF Yield = 3.47% (FCF TTM 495486.2m / Market Cap 14288570.0m)
FCF Margin = 21.72% (FCF TTM 495486.2m / Revenue TTM 2281446.5m)
Net Margin = 50.91% (Net Income TTM 1161515.4m / Revenue TTM 2281446.5m)
Gross Margin = 59.68% ((Revenue TTM 2281446.5m - Cost of Revenue TTM 919796.4m) / Revenue TTM 2281446.5m)
Tobins Q-Ratio = 2.783 (Market Cap 14288570.0m / Book Value Of Equity 5134506.8m)
Interest Expense / Debt = 1.48% (Interest Expense TTM 12.57km / Debt 848.6km)
Interest Coverage Ratio = 87.32 (EbitDA TTM 1098km) / Interest Expense TTM 12.57km)
Taxrate = 15.28% last quarter (Income Tax Expense 37.33km / Income Before Tax 244.3km)
nopat = 955918.9m (Operating Income TTM 1128km * (1 - Taxrate 0.15))
Current Ratio = 2.29 (Total Current Assets 1996km / Total Current Liabilities 873.1km)
Debt / Equity = 0.28 (Debt 848638m / last Quarter total Stockholder Equity 3078233m)
Debt / EBITDA = 0.77 (Debt 848638m / EBITDA 1097845m)
Debt / FCF = 1.71 (Debt 848638m / FCF TTM 495486m)
RoA = 23.02%
RoE = 37.73% (Net Income TTM 1161515m / Total Stockholder Equity 3078233m)
RoCE = 27.04% (Ebit TTM 1128km / x)
RoIC = 36.99% (Ebit TTM 1128km / (Total Assets 5046km - Total Current Assets 1996km) )
WACC = 9.73% ((Market Cap / EV) * CAPM 0.09) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 10y: 0.00 - Cagr: -0.00% (-0.00)
EPS Kendall: 82.86 - EPS Cagr: 3.87% (3.21)
Rev Kendall: 88.73 - Rev Cagr: 2.93% (2.60)
Market Cap in USD = 465707.4m (14288570.0m TWD * 0.0326 TWDUSD)
Revenue TTM = 2281446.5m
Ebit TTM = 1128331.0m
Debt = 848638.0m (short 0.0m + long 848638.0m) last quarter
CCE = 1385233.0m last quarter
Enterprise Value = 13751975.0m (Market Cap 14288570.0m + Debt 848638.0m - CCE 1385233.0m)
Net Debt = -536595.0 (848638.0m Debt - 1385233.0m Cash and Cash Equilavents)
EBITDA = 1097845.0m (TTM)
FCF Yield = 3.47% (FCF TTM 495486.2m / Market Cap 14288570.0m)
FCF Margin = 21.72% (FCF TTM 495486.2m / Revenue TTM 2281446.5m)
Net Margin = 50.91% (Net Income TTM 1161515.4m / Revenue TTM 2281446.5m)
Gross Margin = 59.68% ((Revenue TTM 2281446.5m - Cost of Revenue TTM 919796.4m) / Revenue TTM 2281446.5m)
Tobins Q-Ratio = 2.783 (Market Cap 14288570.0m / Book Value Of Equity 5134506.8m)
Interest Expense / Debt = 1.48% (Interest Expense TTM 12.57km / Debt 848.6km)
Interest Coverage Ratio = 87.32 (EbitDA TTM 1098km) / Interest Expense TTM 12.57km)
Taxrate = 15.28% last quarter (Income Tax Expense 37.33km / Income Before Tax 244.3km)
nopat = 955918.9m (Operating Income TTM 1128km * (1 - Taxrate 0.15))
Current Ratio = 2.29 (Total Current Assets 1996km / Total Current Liabilities 873.1km)
Debt / Equity = 0.28 (Debt 848638m / last Quarter total Stockholder Equity 3078233m)
Debt / EBITDA = 0.77 (Debt 848638m / EBITDA 1097845m)
Debt / FCF = 1.71 (Debt 848638m / FCF TTM 495486m)
RoA = 23.02%
RoE = 37.73% (Net Income TTM 1161515m / Total Stockholder Equity 3078233m)
RoCE = 27.04% (Ebit TTM 1128km / x)
RoIC = 36.99% (Ebit TTM 1128km / (Total Assets 5046km - Total Current Assets 1996km) )
WACC = 9.73% ((Market Cap / EV) * CAPM 0.09) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 10y: 0.00 - Cagr: -0.00% (-0.00)
EPS Kendall: 82.86 - EPS Cagr: 3.87% (3.21)
Rev Kendall: 88.73 - Rev Cagr: 2.93% (2.60)