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Taiwan Semiconductor Manufacturing Company (TSMC34) Fair Value & Analysis

Technology · BR · Market cap R$11.6T

TS Taiwan Semiconductor Manufacturing Company TSMC34 · SA
PriceR$271.93
Fair ValueR$131.58
Upside-51.6%
Quality75/100
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Evidence: High Range R$92.03 – R$269.09

Fair value as of: Jul 12, 2026

From 25 valuation models · updated 2 days ago

Fair value updated Jul 12, 2026 — revised from R$828.06 to R$131.58 (−84.1%) since Jun 24, 2026. Share price +0.4% over the past month.

Price vs Fair Value (12 months)

R$307.60 R$154.44 Fair Value R$131.58 Jul 2025 Jul 2026

12‑month range R$154.44 – R$307.60 · fair‑value band R$92.03 – R$269.09 · the R$271.93 price screens above the R$131.58 fair value. As of Jul 12, 2026.

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Analysis

Taiwan Semiconductor Manufacturing Company (TSMC34) currently trades at R$271.93, while our model-based Fair Value estimate is R$131.58 — implying the stock looks roughly 51.6% overvalued today. We read business quality at 75/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Taiwan Semiconductor Manufacturing Company generated revenue of R$4.1T at a net margin of 46.5%. Revenue grew 35.1% year over year. It earns a return on equity of 36.2%. The stock trades on a trailing P/E of 37.0. Fundamentals as of Jul 12, 2026

Our scenario range runs from R$92.03 (bear case) to R$269.09 (bull case); at R$271.93, the current price sits above that range. The share trades about 4% below its 52-week high and 93% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -44% fair-value upside — at -52%, TSMC34 screens richer than that median.

Key figures & financial health

Revenue (TTM) R$4.1T
Revenue growth (YoY) +35.1%
Net margin 46.5%
Return on equity 36.2%
Free cash flow R$992B FY2025
P/E ratio 37.6
More key figures
Operating margin 58.1%
EPS (TTM) R$7.45
Dividend yield 8.5%
EPS growth (YoY) +58.4%

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

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 …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taiwan Semiconductor Manufacturing Company reported revenue of R$3.8T in FY2025 versus R$1.6T in FY2021, a compound +24.5%/yr. Reported net income was R$1.7T in FY2025, compounding +30.3%/yr from FY2021.

Revenue +24.5%/yr
FY21 R$1.6T
FY22 R$2.3T
FY23 R$2.2T
FY24 R$2.9T
FY25 R$3.8T
Net income +30.3%/yr
FY21 R$597B
FY22 R$1.0T
FY23 R$838B
FY24 R$1.2T
FY25 R$1.7T

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Cite: Fair Value Calculator (2026). "Taiwan Semiconductor Manufacturing Company Fair Value". https://www.fairvalue-calculator.com/stock/TSMC34

Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

10 more Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

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NVIDIA Corporation NVDA $205.10 $115.06 -44%
Broadcom Inc AVGO $392.13 $130.91 -67%
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Advanced Micro Devices, Inc 1AMD €464.70 €56.33 -88%
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TSMWF TSMWF $17.24 $57.00 +231%
Texas Instruments Incorporated TXN $304.36 $59.89 -80%
Marvell Technology, Inc MRVL $307.86 $36.61 -88%
1YD 1YD €341.70 €845.22 +147%

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Frequently asked questions

Is Taiwan Semiconductor Manufacturing Company (TSMC34) undervalued?
As of Jul 12, 2026, our model estimates a fair value of R$131.58 versus a price of R$271.93 — about −52% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TSMC34?
Our model-based fair value for Taiwan Semiconductor Manufacturing Company is R$131.58 (as of Jul 12, 2026), built from audited fundamentals. The current price is R$271.93.
What is the quality score of TSMC34?
Taiwan Semiconductor Manufacturing Company has a Quality Score of 75/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Taiwan Semiconductor Manufacturing Company (TSMC34)?
Taiwan Semiconductor Manufacturing Company reported trailing-twelve-month revenue of about R$4.1T (latest available figure, as of Jul 12, 2026).
What is the net profit margin of TSMC34?
The net profit margin of Taiwan Semiconductor Manufacturing Company is about 46.5%, meaning it keeps roughly 46.5% of revenue as net income. Based on the latest reported figures.
Does Taiwan Semiconductor Manufacturing Company pay a dividend?
Taiwan Semiconductor Manufacturing Company currently shows a dividend yield of about 8.64% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.