Taiwan Semiconductor Manufacturing Stock Z Score
| TSM Stock | USD 132.27 6.76 4.86% |
Taiwan | Z Score |
Taiwan Semiconductor Manufacturing Company Z Score Analysis
Taiwan Semiconductor's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Taiwan Z Score 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 Z Score. 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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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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Based on the company's disclosures, Taiwan Semiconductor Manufacturing has a Z Score of 0.0. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.
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 Semiconductor Institutional Holders
Institutional Holdings refers to the ownership stake in Taiwan Semiconductor that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Taiwan Semiconductor's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Taiwan Semiconductor's value.| Shares | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 14.1 M | Fiera Capital Corporation | 2023-12-31 | 13.4 M | Wellington Management Company Llp | 2023-12-31 | 12 M | Harding Loevner L.p. | 2023-12-31 | 11.6 M | Van Eck Associates Corporation | 2023-12-31 | 11.4 M | William Blair Investment Management, Llc | 2023-12-31 | 11.2 M | Vanguard Group Inc | 2023-12-31 | 10.8 M | Schroder Investment Management Group | 2023-12-31 | 9.6 M | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 9.1 M | Sanders Capital, Llc | 2023-12-31 | 44.5 M | Capital World Investors | 2023-12-31 | 41.4 M |
Taiwan Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.39 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 2.93 T | ||||
| Shares Outstanding | 5.19 B | ||||
| Shares Owned By Institutions | 17.17 % | ||||
| 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 | 4.99 X | ||||
| Price To Earnings To Growth | 1.63 X | ||||
| Target Price | 145.13 | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 685.35 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 | 68.21 |
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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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 Valuation analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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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 4.99 | 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.