Added to YB: 2025-03-11
Pitch date: 2025-03-08
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+142.33%
current return
Author Info
Rijnberk InvestInsights shares market-leading companies and top investment ideas through concise, high-conviction analysis. Sign up for the newsletter.
Company Info
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.
Market Cap
TWD 61.5T
Pitch Price
TWD 170.06
Price Target
310.00 (-25%)
Dividend
0.93%
EV/EBITDA
18.54
P/E
27.72
EV/Sales
13.28
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Taiwan Semiconductor ($TSM) – This is now an absolute bargain
TSM: Dominant semiconductor manufacturer (90%+ advanced node market) at 19x FY25 EPS, 1x PEG. 20% 4-yr rev/EPS CAGR, 50% op margin. $100B US expansion. Risks: China tensions, US tariffs. PT $310 (72% upside) in 3yrs. Strong moat, AI growth, capacity constraints. Buy on 23% drop.
Read full article (8 min)