Taiwan Semiconductor Manufacturing Company Ltd.

TSM Technology Semiconductors

Taiwan Semiconductor Manufacturing Company Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $121.4 billion, up 37.6% from fiscal 2024.

Revenue
+32.7%
EPS
+74.5%
Free cash flow
+24.6%
Total debt
+2.92%

Quarter to June 2026, against a year earlier

373.59 20.49 +5.80%
Market cap
$1.83T
P/E
25.7×
Fwd P/E
—
Dividend yield
1.06%
F-score
8/9
Altman Z
14.22
Beneish M
−1.87
Dividend safety
80/100

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Taiwan Semiconductor Manufacturing Company Ltd. (TSM) trades at a EV/FCF of 49.8×. Over the past ten years it has ranged from 0.8× (July 2017) to 109× (September 2020); the current reading is higher than 66% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 47.7× 27.95%
FY2024 37.3× (30.28%)
FY2023 53.5× 151.44%
FY2022 21.3× (66.66%)
FY2021 63.8× 26.56%
FY2020 50.4× (14.72%)
FY2019 59.1× 178.98%
FY2018 21.2× (10.15%)
FY2017 23.6× 7.45%
FY2016 21.9× 73.00%

Quarterly newest first

Period EV/FCF Change
Jun 2026 67.5× 35.87%
Mar 2026 49.6× 4.09%
Dec 2025 47.7× (2.18%)
Sep 2025 48.8× 27.00%
42 more quarters

Against its own ten years

Low 0.8× High 109×
Ten-year median 35.4×
Current reading's percentile 62

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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