# Tower Semiconductor Ltd. (TSEM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $222.34, market value $25.1 billion.

## Valuation
- **P/E (trailing): 87.9×** (5-yr avg 28.4×, 3-yr avg 31.6×). Tower Semiconductor Ltd. trades at 87.9× trailing earnings, well above its own five-year average of 28.4×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 34.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 7.01**. A PEG of 7.01 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 14.7×**. Each dollar of revenue is priced at 14.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 8.1×**. The shares trade at 8.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 38.7×**. Enterprise value is 38.7× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.2%** (5-yr avg 2.5%). Free cash flow equals 1.2% of the market value, below its five-year average of 2.5%, so the shares are pricier on cash than usual.
- **Earnings yield: 1.1%**. The inverse of the P/E: 1.1% of the price is earned each year.

## Profitability
- **Gross margin: 26.9%**. Tower Semiconductor Ltd. keeps 26.9% of revenue after the direct cost of what it sells.
- **Operating margin: 16.2%**. 16.2% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 14.1%**. 14.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.6%**. 7.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 8.8%**. Return on all capital, debt included, is 8.8%.
- **Return on assets: 8.7%**. Each dollar of assets produces 8.7% of profit.

## Growth
- **Revenue growth (1 yr): 9.1%** (3-yr -2.3%/yr, 5-yr 4.4%/yr). Revenue grew 9.1% over the last year, against 4.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 4.9%** (3-yr -6.7%/yr, 5-yr 20.6%/yr). Earnings per share rose 4.9%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.06**. Debt is 0.06 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Tower Semiconductor Ltd. holds more cash than debt.
- **Altman Z-score: 37.99**. A Z-score of 37.99 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Tower Semiconductor Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (8 analysts). 8 analysts cover Tower Semiconductor Ltd.; the consensus is strong_buy, with an average price target of $314.91 (+42% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 253.1%** (YTD 89.4%, 3-mo -5.6%). The shares are up 253.1% over twelve months including dividends.
- **From 52-week high: -30.5%** (246.5% above the low). Trading 31% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 2.82** (volatility 79%). Beta of 2.82 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TSEM · Page: https://foliofundamentals.com/stocks/tsem

Not investment advice.