Taiwan Semiconductor Manufacturing

TSM · NYSE · USD

$459.20Change from previous close: +0.66%Absolute change: +$3.01

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$2.38T
Enterprise value
$16.65T
P/E (trailing 12 months)
34.2
Forward P/E
20.9
PEG
0.87
Price/book
94.4
Price/sales
0.54
EV/EBITDA
5.26
EV/revenue
3.75

Profitability and growth

Gross margin
64.2%
Operating margin
60.3%
Net margin
49.9%
ROE
40.0%
ROA
19.0%
Revenue growth (year over year)
36.0%
Earnings growth (year over year)
77.4%

Financial health

Total cash
$3.52T
Total debt
$1.07T
Debt/equity
0.17
Current ratio
2.46
Quick ratio
2.13

Dividends

Annual dividend per share
$4.07
Dividend yield
0.9%
Payout ratio
25.7%
Ex-dividend date
December 10, 2026

Analysts and estimates

Average price target
$552.26
Median price target
$538.50
High price target
$700.00
Low price target
$440.00
Analysts with a price target
20
Forward EPS
$21.93
EPS estimate, current year
$16.93

Shares and trading

Beta
1.25
Average volume
11.53M
Shares outstanding
5.19B
Float
37.84B
Institutional ownership
15.5%
Insider ownership
0.0%
Short interest (% of float)
0.6%
Short ratio (days)
2.88