Predictions
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€88.30
24.03.23
24.03.23
€89.00
24.03.24
24.03.24
6.12%
26.05.23
26.05.23
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€82.70
13.03.23
13.03.23
€102.55
13.03.24
13.03.24
56.95%
14.03.24
14.03.24
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€86.90
07.02.23
07.02.23
€90.00
07.02.24
07.02.24
1.61%
24.03.23
24.03.23
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€84.10
23.01.23
23.01.23
€120.00
23.01.24
23.01.24
4.04%
04.02.23
04.02.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€82.90
18.01.23
18.01.23
€88.00
18.01.24
18.01.24
4.83%
07.02.23
07.02.23
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€78.20
12.01.23
12.01.23
€90.00
12.01.24
12.01.24
18.67%
13.01.24
13.01.24
Could be worthwhile Investment >10% per year
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€73.10
19.12.22
19.12.22
€75.00
19.12.23
19.12.23
13.41%
18.01.23
18.01.23
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€78.50
05.12.22
05.12.22
€100.00
05.12.23
05.12.23
13.50%
24.08.23
24.08.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€77.60
02.12.22
02.12.22
€100.00
02.12.23
02.12.23
16.11%
03.12.23
03.12.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€79.50
23.11.22
23.11.22
-
23.12.22
23.12.22
-11.95%
24.12.22
24.12.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€78.90
17.11.22
17.11.22
€110.00
17.11.25
17.11.25
8.24%
16.02.23
16.02.23
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Very Future proof/growth oriented business model
Higher risks for its business
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€77.70
15.11.22
15.11.22
€92.00
15.11.23
15.11.23
9.27%
15.02.23
15.02.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€71.00
01.10.22
01.10.22
-
01.10.23
01.10.23
0.00%
02.01.23
02.01.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€82.00
03.09.22
03.09.22
-
03.09.23
03.09.23
-5.98%
14.05.23
14.05.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€87.90
17.08.22
17.08.22
€100.00
17.08.23
17.08.23
-16.84%
19.12.22
19.12.22
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Fair valuation
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€87.10
14.05.22
14.05.22
€100.00
14.05.23
14.05.23
-9.87%
05.12.22
05.12.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€96.70
24.02.22
24.02.22
-
24.03.22
24.03.22
0.93%
25.03.22
25.03.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€111.00
10.02.22
10.02.22
-
10.02.23
10.02.23
-19.19%
11.02.23
11.02.23
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€111.00
23.01.22
23.01.22
-
23.01.23
23.01.23
-26.13%
03.09.22
03.09.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€120.20
13.01.22
13.01.22
€150.00
13.01.23
13.01.23
-32.61%
14.01.23
14.01.23
Could be worthwhile Investment >10% per year
Top 10 in its market
Small cyclical dependencies
Known brand
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€106.00
06.12.21
06.12.21
€120.00
06.12.22
06.12.22
-26.79%
06.12.22
06.12.22
Could be worthwhile Investment >10% per year
Market Leader or Top 3
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€105.60
09.11.21
09.11.21
€110.00
09.11.22
09.11.22
-39.20%
22.10.22
22.10.22
Could be worthwhile Investment >10% per year
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€101.20
08.11.21
08.11.21
-
08.11.22
08.11.22
-16.11%
21.07.22
21.07.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€99.20
18.10.21
18.10.21
-
18.10.22
18.10.22
-19.86%
14.09.22
14.09.22
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
Start price
Target price
Perf. (%)
€104.20
13.09.21
13.09.21
€130.00
13.09.22
13.09.22
-6.33%
26.02.22
26.02.22