Taiwan Semiconductor Manufacturing risk profile

22 Normal where most of the sector sits

Measured 1 September 2026 from TSM's filed statements. Recomputed nightly.

22 (Normal), driven by Market expectation at 34, over 5 weighted categories on the MANUFACTURER profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation34NormalStableOne-year price volatility — 40.1%
Operating pressure18ContainedEasingOperating-margin drift — +1.3 percentage points
Cash conversion32NormalWorseningCapital spending against operating cash — 0.56x
Leverage and coverage5ContainedStableCurrent ratio — 2.51x
Competitive position24NormalStableR&D-intensity gap against peers — -8.2 percentage points
ConcentrationReads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company.

These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.

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Financials, valuation and price history for Taiwan Semiconductor Manufacturing