Taiwan Semiconductor Manufacturing Company Limited TSM NYSE

Taiwan Semiconductor Manufacturing Company Limited (TSM) has shown exceptional revenue growth over the past 3 years, expanding from $2.26T to $3.85T (average +20.8%/yr). Net income reached $1.74T, reflecting exceptional earnings expansion at +24.1%/yr on average. The net profit margin is 45.1%, which is exceptional. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 59.9% (high), with a +0.3pp trend over the period. With a $2.0T market cap and MOAT composite score of 96/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (100/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 29-year history, the company was profitable in 29 of 29 years — a perfect long-term track record
• INCOME (100/100, Pass) — proves strong profitability and pricing power
• MOAT (96/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 89/100 with 6/7 criteria passed.