Taiwan Semiconductor Manufacturing Stock Return On Asset

TSM Stock  USD 136.05  0.64  0.47%   
Taiwan Semiconductor Manufacturing fundamentals help investors to digest information that contributes to Taiwan Semiconductor's financial success or failures. It also enables traders to predict the movement of Taiwan Stock. The fundamental analysis module provides a way to measure Taiwan Semiconductor's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Taiwan Semiconductor stock.
As of the 29th of March 2024, Return On Assets is likely to drop to 0.13.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Taiwan Return On Asset Analysis

Taiwan Semiconductor's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2021 2022 2023 2024 (projected)
Interest Expense5.4B11.7B18.3B19.2B
Depreciation And Amortization441.0B468.5B532.2B558.8B

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Taiwan Semiconductor Return On Asset

    
  0.11  
Most of Taiwan Semiconductor's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taiwan Semiconductor Manufacturing is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Taiwan Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Taiwan Semiconductor is extremely important. It helps to project a fair market value of Taiwan Stock properly, considering its historical fundamentals such as Return On Asset. Since Taiwan Semiconductor's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Taiwan Semiconductor's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Taiwan Semiconductor's interrelated accounts and indicators.
0.850.99-0.810.990.440.930.930.83-0.360.980.99-0.030.340.930.450.960.980.24-0.490.650.93-0.28-0.630.90.840.870.870.770.72
0.850.85-0.680.830.030.670.750.890.130.810.83-0.460.170.780.170.860.8-0.21-0.310.240.82-0.03-0.580.860.80.890.770.720.83
0.990.85-0.861.00.410.940.940.83-0.320.960.990.010.390.880.370.930.980.27-0.530.620.93-0.33-0.660.850.810.830.840.730.72
-0.81-0.68-0.86-0.86-0.36-0.84-0.86-0.560.26-0.71-0.84-0.24-0.41-0.64-0.28-0.7-0.86-0.40.45-0.55-0.710.570.74-0.54-0.58-0.51-0.64-0.55-0.5
0.990.831.0-0.860.470.950.960.8-0.380.960.990.040.350.890.430.930.990.31-0.490.680.93-0.34-0.650.850.80.820.850.740.68
0.440.030.41-0.360.470.630.55-0.06-0.870.480.450.490.330.360.730.330.460.58-0.320.780.41-0.2-0.190.240.230.20.410.28-0.21
0.930.670.94-0.840.950.630.950.61-0.50.910.950.230.460.830.560.840.920.43-0.560.740.86-0.43-0.690.730.710.680.760.670.48
0.930.750.94-0.860.960.550.950.68-0.450.890.940.140.30.80.440.830.940.38-0.420.730.93-0.36-0.650.740.720.730.810.660.57
0.830.890.83-0.560.8-0.060.610.680.060.80.79-0.330.140.790.00.840.79-0.07-0.350.270.81-0.07-0.430.860.780.870.720.630.95
-0.360.13-0.320.26-0.38-0.87-0.5-0.450.06-0.41-0.37-0.61-0.09-0.35-0.64-0.29-0.43-0.730.13-0.87-0.360.240.04-0.2-0.2-0.13-0.35-0.190.18
0.980.810.96-0.710.960.480.910.890.8-0.410.98-0.090.260.960.540.980.950.21-0.420.690.92-0.19-0.570.940.860.90.880.810.68
0.990.830.99-0.840.990.450.950.940.79-0.370.980.010.330.920.480.950.980.28-0.470.670.92-0.34-0.680.880.830.840.850.780.68
-0.03-0.460.01-0.240.040.490.230.14-0.33-0.61-0.090.010.37-0.120.13-0.210.060.85-0.320.42-0.04-0.560.01-0.37-0.27-0.46-0.19-0.28-0.38
0.340.170.39-0.410.350.330.460.30.14-0.090.260.330.370.150.110.170.260.22-0.940.080.18-0.36-0.360.090.130.070.160.120.07
0.930.780.88-0.640.890.360.830.80.79-0.350.960.92-0.120.150.570.970.90.19-0.320.620.89-0.09-0.460.950.880.870.830.840.68
0.450.170.37-0.280.430.730.560.440.0-0.640.540.480.130.110.570.490.430.3-0.110.640.390.02-0.190.470.430.340.470.58-0.15
0.960.860.93-0.70.930.330.840.830.84-0.290.980.95-0.210.170.970.490.940.1-0.330.610.89-0.15-0.570.970.890.940.870.840.74
0.980.80.98-0.860.990.460.920.940.79-0.430.950.980.060.260.90.430.940.33-0.410.710.92-0.33-0.610.850.80.820.840.720.68
0.24-0.210.27-0.40.310.580.430.38-0.07-0.730.210.280.850.220.190.30.10.33-0.270.660.28-0.48-0.05-0.040.01-0.170.120.03-0.15
-0.49-0.31-0.530.45-0.49-0.32-0.56-0.42-0.350.13-0.42-0.47-0.32-0.94-0.32-0.11-0.33-0.41-0.27-0.12-0.360.350.35-0.27-0.19-0.25-0.22-0.15-0.21
0.650.240.62-0.550.680.780.740.730.27-0.870.690.670.420.080.620.640.610.710.66-0.120.64-0.3-0.330.510.570.450.70.570.2
0.930.820.93-0.710.930.410.860.930.81-0.360.920.92-0.040.180.890.390.890.920.28-0.360.64-0.08-0.440.850.810.830.840.730.71
-0.28-0.03-0.330.57-0.34-0.2-0.43-0.36-0.070.24-0.19-0.34-0.56-0.36-0.090.02-0.15-0.33-0.480.35-0.3-0.080.690.020.060.050.010.1-0.01
-0.63-0.58-0.660.74-0.65-0.19-0.69-0.65-0.430.04-0.57-0.680.01-0.36-0.46-0.19-0.57-0.61-0.050.35-0.33-0.440.69-0.46-0.44-0.47-0.46-0.42-0.39
0.90.860.85-0.540.850.240.730.740.86-0.20.940.88-0.370.090.950.470.970.85-0.04-0.270.510.850.02-0.460.890.970.860.840.76
0.840.80.81-0.580.80.230.710.720.78-0.20.860.83-0.270.130.880.430.890.80.01-0.190.570.810.06-0.440.890.850.950.940.8
0.870.890.83-0.510.820.20.680.730.87-0.130.90.84-0.460.070.870.340.940.82-0.17-0.250.450.830.05-0.470.970.850.850.780.79
0.870.770.84-0.640.850.410.760.810.72-0.350.880.85-0.190.160.830.470.870.840.12-0.220.70.840.01-0.460.860.950.850.910.72
0.770.720.73-0.550.740.280.670.660.63-0.190.810.78-0.280.120.840.580.840.720.03-0.150.570.730.1-0.420.840.940.780.910.63
0.720.830.72-0.50.68-0.210.480.570.950.180.680.68-0.380.070.68-0.150.740.68-0.15-0.210.20.71-0.01-0.390.760.80.790.720.63
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Taiwan Total Assets

Total Assets

5.81 Trillion

At this time, Taiwan Semiconductor's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Taiwan Semiconductor Manufacturing has a Return On Asset of 0.1097. This is 103.8% lower than that of the Semiconductors & Semiconductor Equipment sector and 47.76% lower than that of the Information Technology industry. The return on asset for all United States stocks is 178.36% lower than that of the firm.

Taiwan Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taiwan Semiconductor's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taiwan Semiconductor could also be used in its relative valuation, which is a method of valuing Taiwan Semiconductor by comparing valuation metrics of similar companies.
Taiwan Semiconductor is currently under evaluation in return on asset category among related companies.

Taiwan Fundamentals

About Taiwan Semiconductor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Taiwan Semiconductor Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taiwan Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taiwan Semiconductor Manufacturing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Return On Assets 0.15  0.13 

Currently Active Assets on Macroaxis

When determining whether Taiwan Semiconductor is a strong investment it is important to analyze Taiwan Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Taiwan Semiconductor's future performance. For an informed investment choice regarding Taiwan Stock, refer to the following important reports:
Check out Taiwan Semiconductor Piotroski F Score and Taiwan Semiconductor Altman Z Score analysis.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Taiwan Stock analysis

When running Taiwan Semiconductor's price analysis, check to measure Taiwan Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Taiwan Semiconductor is operating at the current time. Most of Taiwan Semiconductor's value examination focuses on studying past and present price action to predict the probability of Taiwan Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Semiconductor's price. Additionally, you may evaluate how the addition of Taiwan Semiconductor to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
CEOs Directory
Screen CEOs from public companies around the world
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Is Taiwan Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taiwan Semiconductor. If investors know Taiwan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taiwan Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
13
Earnings Share
5.07
Revenue Per Share
52.1069
Return On Assets
0.1097
The market value of Taiwan Semiconductor is measured differently than its book value, which is the value of Taiwan that is recorded on the company's balance sheet. Investors also form their own opinion of Taiwan Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Taiwan Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taiwan Semiconductor's market value can be influenced by many factors that don't directly affect Taiwan Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taiwan Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taiwan Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taiwan Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.