Taiwan Semiconductor Manufacturing Stock Working Capital
| TSM Stock | USD 139.03 0.77 0.55% |
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.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.3 T | 685.8 B | |
| Change In Working Capital | -1.4 B | -1.3 B | |
| Working Capital | 56.1 B | 30.4 B |
Taiwan | Working Capital |
Taiwan Semiconductor Manufacturing Company Working Capital Analysis
Taiwan Semiconductor's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Taiwan Semiconductor Working Capital | 1.11 T |
Most of Taiwan Semiconductor's fundamental indicators, such as Working Capital, 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 Working Capital 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 Working Capital. 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.
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Taiwan Working Capital Historical Pattern
Today, most investors in Taiwan Semiconductor Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Taiwan Semiconductor's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's working capital growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Taiwan Semiconductor working capital as a starting point in their analysis.
Taiwan Semiconductor Working Capital |
| Timeline |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Taiwan Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, Taiwan Semiconductor Manufacturing has a Working Capital of 1.11 T. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The working capital for all United States stocks is significantly lower than that of the firm.
Taiwan Working Capital 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 Working Capital 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 working capital category among related companies.
Taiwan Semiconductor Current Valuation Drivers
We derive many important indicators used in calculating different scores of Taiwan Semiconductor from analyzing Taiwan Semiconductor's financial statements. These drivers represent accounts that assess Taiwan Semiconductor's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Taiwan Semiconductor's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3T | 5.8T | 79.4T | 86.3T | 77.7T | 81.5T | |
| Enterprise Value | 5.9T | 5.4T | 79.1T | 86.0T | 77.4T | 81.2T |
Taiwan Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.39 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 2.96 T | ||||
| Shares Outstanding | 5.19 B | ||||
| Shares Owned By Institutions | 17.20 % | ||||
| Number Of Shares Shorted | 24.82 M | ||||
| Price To Earning | 21.27 X | ||||
| Price To Book | 6.88 X | ||||
| Price To Sales | 0.34 X | ||||
| Revenue | 2.16 T | ||||
| Gross Profit | 1.35 T | ||||
| EBITDA | 1.45 T | ||||
| Net Income | 838.5 B | ||||
| Cash And Equivalents | 13.52 B | ||||
| Cash Per Share | 7.23 X | ||||
| Total Debt | 959.07 B | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 2.49 X | ||||
| Book Value Per Share | 133.38 X | ||||
| Cash Flow From Operations | 1.24 T | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | 5.00 X | ||||
| Price To Earnings To Growth | 1.63 X | ||||
| Target Price | 145.13 | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 726.91 B | ||||
| Total Asset | 5.53 T | ||||
| Retained Earnings | 2.88 T | ||||
| Working Capital | 1.11 T | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.64 % | ||||
| Net Asset | 5.53 T | ||||
| Last Dividend Paid | 13.0 |
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.
Taiwan Semiconductor Investors Sentiment
The influence of Taiwan Semiconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Taiwan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Taiwan Semiconductor's public news can be used to forecast risks associated with an investment in Taiwan. The trend in average sentiment can be used to explain how an investor holding Taiwan can time the market purely based on public headlines and social activities around Taiwan Semiconductor Manufacturing. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Taiwan Semiconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Taiwan Semiconductor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Taiwan Semiconductor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Taiwan Semiconductor.
Taiwan Semiconductor Implied Volatility | 97.89 |
Taiwan Semiconductor's implied volatility exposes the market's sentiment of Taiwan Semiconductor Manufacturing stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Taiwan Semiconductor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Taiwan Semiconductor stock will not fluctuate a lot when Taiwan Semiconductor's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taiwan Semiconductor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taiwan Semiconductor's short interest history, or implied volatility extrapolated from Taiwan Semiconductor options trading.
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Check out Taiwan Semiconductor Piotroski F Score and Taiwan Semiconductor Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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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.
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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 | 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.