As of 2025-07-18, the Intrinsic Value of Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) is 951.91 TWD. This 2330.TW valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 1,130.00 TWD, the upside of Taiwan Semiconductor Manufacturing Co Ltd is -15.80%.
The range of the Intrinsic Value is 703.76 - 1,560.50 TWD
Based on its market price of 1,130.00 TWD and our intrinsic valuation, Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) is overvalued by 15.80%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 703.76 - 1,560.50 | 951.91 | -15.8% |
| DCF (Growth 10y) | 1,005.65 - 2,214.78 | 1,358.15 | 20.2% |
| DCF (EBITDA 5y) | 942.52 - 1,506.07 | 1,241.78 | 9.9% |
| DCF (EBITDA 10y) | 1,166.22 - 1,915.79 | 1,540.07 | 36.3% |
| Fair Value | 1,262.26 - 1,262.26 | 1,262.26 | 11.70% |
| P/E | 795.76 - 968.80 | 855.14 | -24.3% |
| EV/EBITDA | 553.91 - 1,070.70 | 825.36 | -27.0% |
| EPV | 296.30 - 380.33 | 338.31 | -70.1% |
| DDM - Stable | 460.23 - 1,434.02 | 947.12 | -16.2% |
| DDM - Multi | 784.06 - 1,863.60 | 1,099.78 | -2.7% |
| Market Cap (mil) | 29,303,952.00 |
| Beta | 1.28 |
| Outstanding shares (mil) | 25,932.70 |
| Enterprise Value (mil) | 27,919,172.00 |
| Market risk premium | 5.98% |
| Cost of Equity | 8.42% |
| Cost of Debt | 4.25% |
| WACC | 8.26% |