Professional
Added to YB: 2024-03-27
Pitch date: 2023-12-31
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+191.8%
current return
Author Info
No bio for this author
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 38.1T
Pitch Price
TWD 100.08
Price Target
N/A
Dividend
1.16%
EV/EBITDA
14.61
P/E
24.25
EV/Sales
10.03
Sector
Semiconductors and Semiconductor Equipment
Category
value
New Addition to Ariel Investments Global Fund Portfolio Holding: Taiwan Semiconductor Manufacturing Company Limited
TSM: Dominant foundry with 60% share. Near-term smartphone & PC demand stabilizing, but long-term growth from AI. Quality business trading at attractive 14x P/E after industry downturn. Secular growth trends & tech leadership provide upside.
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