Taiwan Semiconductor Manufacturing Intrinsic Stock Value – Taiwan Semiconductor Manufacturing Sees Significant Rise in Earnings for Fourth Quarter of FY2022
January 30, 2023

Earnings report
Taiwan Semiconductor Manufacturing Intrinsic Stock Value – Taiwan Semiconductor Manufacturing ($TWSE:2330) (TSMC) recently announced its financial results for the fourth quarter of FY2022, which ended on December 31, 2022. On January 12, 2023, TSMC reported total revenue of TWD 295.9 billion for the quarter, representing a 78.0% increase from the same period last year.
Additionally, reported net income for the quarter was TWD 625.5 billion, a 42.8% year-on-year increase. It manufactures integrated circuits (ICs) and other semiconductor components on behalf of many of the world’s leading technology companies, including Apple, Qualcomm, and Nvidia. It also provides services ranging from research and development to design and production. The impressive fourth quarter results are attributed to strong demand for TSMC’s advanced semiconductor products. The company’s leading-edge technology also enabled it to capture higher margins due to the complexity of the products it produces. In addition to its impressive earnings growth, TSMC has made significant investments in research and development, as well as in advanced manufacturing capacity. These investments have enabled TSMC to maintain its competitive advantage in an increasingly competitive market. Overall, TSMC’s robust fourth quarter earnings are a testament to the company’s leading-edge technology, its commitment to research and development, and its ability to capture higher margins due to the complexity of its products. This combination has enabled TSMC to remain a key player in the global semiconductor industry and will likely continue to drive growth for the company in the years to come.
Market Price
On Thursday, Taiwan Semiconductor Manufacturing (TSMC) saw a significant rise in earnings for the fourth quarter of FY2022. The stock opened at NT$487.5 and closed at NT$486.5, up by 0.4% from the previous closing price of 484.5. This marks a positive trend for the company’s performance and suggests that TSMC is likely to continue to see positive results in the near future. This news is a major boost for TSMC’s shareholders, as it indicates a strong financial performance from the company.
In addition, it indicates that the company has a stable financial outlook and is likely to continue to be profitable in the foreseeable future. This is in line with the company’s growth strategy, which focuses on expanding its operations in new markets, developing innovative products and services, and creating new partnerships with other firms. The rise in TSMC’s stock price demonstrates that investors are confident in the company’s long-term prospects. This is due to TSMC’s ability to remain competitive in the semiconductor market and capitalize on opportunities presented by new technologies. This means that TSMC can continue to provide investors with a healthy return on their investment. This suggests that TSMC is well-positioned to capitalize on the growing demand for semiconductors and remain competitive in the market. As such, this news is likely to have a positive effect on TSMC’s stock price in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Taiwan Semiconductor Manufacturing. More…
| Total Revenues | Net Income | Net Margin |
| 2.26M | 1.02M | 44.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Taiwan Semiconductor Manufacturing. More…
| Operations | Investing | Financing |
| 1.61M | -1.19M | -195.91k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Taiwan Semiconductor Manufacturing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.96M | 2M | 105.59 |
Key Ratios Snapshot
Some of the financial key ratios for Taiwan Semiconductor Manufacturing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.4% | 25.1% | 33.3% |
| FCF Margin | ROE | ROA |
| 23.1% | 17.2% | 9.5% |
VI Analysis – Taiwan Semiconductor Manufacturing Intrinsic Stock Value
An analysis by VI app on TSMC’s fundamentals reveals that the fair value of the company’s stock is around NT$671.9. At the moment, TSMC is trading at NT$486.5, which is undervalued by 28%. This could be a good opportunity for investors to buy into the company. The company has a strong financial position with healthy cash reserves and low debt. In addition, TSMC’s revenue and profits have been growing steadily over the past few years, largely due to its strong customer base and innovative products. The company has also been increasing its investment in research and development, which should help it to remain competitive in the long run. In terms of growth potential, TSMC is currently focusing on expanding into new markets and product lines. This should enable TSMC to capitalize on new opportunities and further strengthen its market position. Overall, TSMC’s fundamentals suggest that it is undervalued at the current price. With a strong financial performance and a commitment to innovation, the company looks set to remain a leader in the semiconductor industry for years to come. More…
VI Peers
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is one of the world’s leading semiconductor suppliers, and its competitors include Sondrel (Holdings) PLC, Rockley Photonics Holdings Ltd, and Parade Technologies Ltd. These companies are all major players in the rapidly evolving semiconductor industry, offering innovative solutions and specialized products.
– Sondrel (Holdings) PLC ($LSE:SND)
Sondrel (Holdings) PLC is a global leader in the design, development and manufacture of advanced integrated circuits. The company has been in business for over 25 years and has a strong reputation for providing innovative, reliable and cost-effective solutions to its clients. As of 2023, Sondrel (Holdings) PLC has a market capitalization of 26.69 million and a Return on Equity of 34.78%. This indicates that the company is performing well and is able to generate returns on its investments. The company’s strong financial performance is indicative of its ability to effectively manage its business operations, create value for its shareholders, and provide quality services to its customers.
– Rockley Photonics Holdings Ltd ($TPEX:4966)
Parade Technologies Ltd is a leading provider of high-speed interface, video and display connectivity products. With a market cap of 70.72B, Parade Technologies is well-positioned to capitalize on continued industry trends and maintain its position as a leader in the global technology sector. Furthermore, with a Return on Equity of 20.34%, the company is well-positioned to generate value for its shareholders through a combination of organic and strategic growth initiatives.
Summary
Investing in Taiwan Semiconductor Manufacturing (TSMC) is looking increasingly attractive after the company announced its fourth quarter earnings results for fiscal year 2022. Revenue for the quarter was up 78.0% year-on-year, reaching TWD 295.9 billion, while reported net income was TWD 625.5 billion, up 42.8%. This strong performance indicates that TSMC is well-positioned to continue its growth trajectory in the coming year. The company’s success can be largely attributed to its leading-edge semiconductor technology, which is utilized by many of the world’s leading technology companies.
In addition, TSMC has been proactive in expanding its production capacity, allowing it to capitalize on the explosive growth of the global semiconductor market. This has enabled the company to invest heavily in research and development, thus increasing its future earnings potential. TSMC has also been able to benefit from its location in Taiwan, which is home to a large number of high-tech companies. This has enabled the company to take advantage of the country’s relatively low labor costs, as well as its close proximity to many of the world’s leading technology markets. In conclusion, TSMC appears to be well-positioned for continued growth in the coming year. The company’s strong financial results, coupled with its leading-edge technology and strategic location make it an attractive investment opportunity. Investors should keep an eye on the company’s performance over the next few quarters and consider adding it to their portfolios.
Recent Posts









