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5425.TWO$103.50-2.82%
Fair $103.50+0.0%

5425.TWO

Taiwan Semiconductor Co., Ltd.

Technology / SemiconductorsTaipei Exchange

$103.50

-3.00 (-2.82%)

Fairly Valued+0.0%Fair Value $103.50Fund rank 36/100 · Data gapFallback financials|
SA 60/B
F-Score: 7/9
Margin Compression

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $1.9B · quality 73.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 82/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

60/100

B

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Operating margin has declined for 3 consecutive years
Thesis & Journal · 5425.TWOLocal privado en este navegador · Taiwan Semiconductor Co., Ltd.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$25.3B

P/E

50.0x

↑

EV/EBITDA

10.1x

↓

ROE

6.7%

↑

Gross Margin

29.5%

↓

Debt/Equity

0.75

↑
52-Week Range$104
$45$126

TradingView lightweight chart

5425.TWO price, volumen y niveles de valoración

Último $103.50Periodo +112.3%
Fair value: $103.50

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+4.6%

FCF CAGR

+7.4%

FCF margin

10.6%

FCF / Net income

3.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $17.95B · net income $509.6M · FCF $1.91B

2022-FY → 2025-FY

Gross margin

29.5%-4.6% pts

Operating margin

8.3%-9.5% pts

Net margin

2.8%-7.1% pts

FCF margin

10.6%+0.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$17.95B$17.95B$14.83B$14.62B$15.69B
Net Income$509.6M$509.6M$463.9M$718.6M$1.56B
EBITDA$2.73B$2.73B$2.47B$2.91B$3.99B
EPS——1.872.886.23
Gross Margin29.5%29.5%28.6%30.7%34.1%
Operating Margin8.3%8.3%8.4%12.2%17.8%
Net Margin2.8%2.8%3.1%4.9%10.0%
Balance Sheet
Debt/Equity0.750.750.810.380.38
Current Ratio2.302.30———
Cash Flow
Free Cash Flow$1.91B$1.91B$1.14B$1.92B$1.54B
Returns
ROE6.7%6.7%6.0%9.3%19.4%
Valuation
P/E50.0050.0028.1328.8512.49
EV/EBITDA10.1010.106.406.984.77
P/B3.313.311.682.682.42
Growth & Yield
Revenue Growth21.1%21.1%1.5%-6.8%—
EPS Growth——-35.1%-53.8%—
Dividend Yield1.9%1.9%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +125.9%

Total return

+125.9%

Start / end P/E

n/dx → n/dx

EPS bridge

1.87 → n/d

Residual

+124.0%

EPS growthn/d
Multiple reratingn/d
Dividend+1.9%
Residual / FX / buybacks / cross-term+124.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.