Profil de l'entreprise · Technology

Taiwan Semiconductor Manufacturing Co. Ltd.

2330 · Taïwan
Autres cotationsTSM · États-Unis
Bourse
Taïwan
Pays / Région
Taiwan
Date d'introduction en bourse
5 septembre 1994
Effectif
76 907
Site web
www.tsmc.com
Cours actuel
2,575
En direct · 5 octobre 2026
Achat raisonnable
≤ 2,050
Point d'entrée avec marge de sécurité
Score de croissance Baillie
57/100
Moyen
Buffett Score
82/100
Élite
Valeur intrinsèque · Fourchette en trois niveaux Cours actuel 2,575 En direct · Dans la fourchette de valeur intrinsèque raisonnable

Fourchette de valorisation composite · prudent 1,850–2,050 / raisonnable 2,350–3,150 / optimiste 4,250–4,700. À 2,575, Dans la fourchette de valeur intrinsèque raisonnable.

À la publication 2,425 (31 juillet 2026)

Capitalisation61,72 Bn TWD
Chiffre d'affaires (TTM)4,1 Bn TWD
EBITDA2,86 Bn TWD
Marge nette46,51 %
ROE36,21 %
PER (TTM)32,29
PER prévisionnel23,92
PEG1,16
BPA73,71 TWD
Rendement du dividende1,02 %
Fourchette sur 52 semaines976,43 TWD – 2 415,00 TWD

Données EODHD, présentées dans la devise de reporting ; à titre indicatif uniquement, ne constitue pas un conseil en investissement.

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. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Historique

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a platform manufacturer built on a pure-play wafer foundry model, complemented by advanced packaging, testing, and mask/design ecosystem services. It does not design or sell own-brand chips, instead manufacturing to customers' proprietary designs and therefore not competing with them. Its principal management and most core production facilities are located in Taiwan, alongside operations such as a fab in Nanjing, China. Since 2024, C.C. Wei has served as both Chairman and CEO.

Position dans le secteur

TSMC is the global leader in advanced logic foundry and advanced packaging, holding an estimated 67.6%-70.4% share of the pure-play foundry market versus roughly 7.1% for Samsung's foundry. In 2025 it served 534 customers across 12,682 products, posted revenue of NT$3.81 trillion, and operated capacity exceeding 17 million 12-inch equivalent wafers, with processes at 7nm and below making up 74% of wafer revenue. Its strongest competitor is Samsung's foundry, with Intel Foundry a longer-term challenger, while UMC, GlobalFoundries, and SMIC hold positions in mature nodes.

57/100 Conserver TSMC: Earnings Have Outrun the Share Price to a 28.1x Trailing Multiple, but a Limit-Up Close at NT$2,425 Leaves Only a Limited Margin of Safety The world's largest pure-play semiconductor foundry, monetizing process technology, manufacturing scale and customer trust across advanced logic and packaging, with high-performance computing at 66% of Q2 revenue and 7-nanometer-and-below nodes at 77% of wafer revenue. Since the 2026-05-22 edition the ordinary share rose 8.5% while trailing EPS rose about 16.0%, compressing the trailing P/E from roughly 30.0 to 28.1 times, though almost the entire move arrived in one 9.98% limit-up session on the base date. Rating Hold: earnings have outrun the price, but the current quote lacks a conservative margin of safety against margin and geopolitical tail risk. Taiwan Semiconductor Manufacturing Company Limited2330 · TaïwanSemiconductors31 juillet 2026 56/100 Surveiller TSMC : une étude approfondie d'investissement dans la valeur Le premier fondeur mondial de logique avancée, détenant environ 70% du marché de la fonderie pure-play, avec un chiffre d'affaires de l'exercice 2025 de NT$3.81 billions et une marge brute de 59.9%. Au cours actuel de l'action taïwanaise de NT$2235 et un P/E TTM proche de 29.5x, l'action se négocie déjà au-dessus de sa juste valeur et n'offre qu'une faible marge de sécurité. Note Surveiller : une entreprise de classe mondiale, mais le cours ne laisse plus de coussin de sécurité. Taiwan Semiconductor Manufacturing Company Limited2330 · TaïwanAI Chips22 mai 2026