Discounted Cash Flow
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $947.9b | $331.7b | $539.8b | 35.0% | $12.79 |
| 2017 | $33.0b (-96.5%) | $11.6b (-96.5%) | $11.6b (-97.8%) | 35.3% (0.9%) | $0.45 (-96.5%) |
| 2018 | $33.7b (2.2%) | $11.9b (1.9%) | $11.9b (1.9%) | 35.2% (-0.3%) | $0.46 (2.2%) |
| 2019 | $35.8b (6.2%) | $11.8b (-0.2%) | $11.8b (-0.2%) | 33.1% (-6.0%) | $0.46 (0.0%) |
| 2020 | $47.7b (33.3%) | $18.2b (53.7%) | $18.2b (53.7%) | 38.1% (15.3%) | $0.70 (52.2%) |
| 2021 | $57.2b (20.0%) | $21.4b (17.4%) | $21.4b (17.4%) | 37.3% (-2.2%) | $0.82 (17.1%) |
| 2022 | $73.7b (28.7%) | $32.3b (51.3%) | $32.3b (51.3%) | 43.9% (17.5%) | $1.25 (52.4%) |
| 2023 | $70.6b (-4.2%) | $27.8b (-13.9%) | $27.8b (-13.9%) | 39.4% (-10.2%) | $1.07 (-14.4%) |
| 2024 | $88.3b (25.0%) | $35.3b (27.0%) | $35.3b (27.0%) | 40.0% (1.6%) | $1.36 (27.1%) |
| 2025 | $3.8t (4215.3%) | $1.7t (4698.4%) | $992.4b (2709.1%) | 44.5% (11.2%) | $65.47 (4714.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.