Unlocking the Growth Potential of TAIWAN SEMICONDUCTOR-SP ADR (NYSE:TSM).

In this article we will dive into TAIWAN SEMICONDUCTOR-SP ADR (NYSE:TSM) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TAIWAN SEMICONDUCTOR-SP ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of TAIWAN SEMICONDUCTOR-SP ADR

• In the most recent financial report, TAIWAN SEMICONDUCTOR-SP ADR reported a 56.89% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• TAIWAN SEMICONDUCTOR-SP ADR has demonstrated strong q2q revenue growth of 38.84%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• TAIWAN SEMICONDUCTOR-SP ADR has achieved 25.28% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• With a solid Return on Equity (ROE) of 27.36%, TAIWAN SEMICONDUCTOR-SP ADR exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• The Relative Strength (RS) of TAIWAN SEMICONDUCTOR-SP ADR has been consistently solid, with a current 86.47 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. TAIWAN SEMICONDUCTOR-SP ADR exhibits strong prospects for further price appreciation.
• TAIWAN SEMICONDUCTOR-SP ADR exhibits a favorable Debt-to-Equity ratio at 0.22. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With institutional shareholders at 36.98%, TAIWAN SEMICONDUCTOR-SP ADR demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

What is the technical picture of NYSE:TSM telling us.

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 4 out of 10 to TSM. Although TSM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• When comparing the yearly performance of all stocks, we notice that TSM is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, TSM also shows a nice and consistent pattern of rising prices.
• TSM is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. TSM outperforms 87% of them.
• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• TSM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSM is lagging the market slightly.

For an up to date full technical analysis you can check the technical report of TSM

What is the full fundamental picture of NYSE:TSM telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Overall TSM gets a fundamental rating of 6 out of 10. We evaluated TSM against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While TSM has a great profitability rating, there are some minor concerns on its financial health. TSM is valued quite expensively, but it does show have an excellent growth rating. This makes TSM very considerable for growth investing!

For an up to date full fundamental analysis you can check the fundamental report of TSM

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.