Tower Semiconductor Ltd

NASDAQ:TSEM USA Semiconductors
Market Cap
$15.50 Billion
Market Cap Rank
#1276 Global
#971 in USA
Share Price
$137.86
Change (1 day)
-0.44%
52-Week Range
$29.65 - $147.53
All Time High
$147.53
Categories
Companies in USA Semiconductors Technology AI & Machine Learning
About

Tower Semiconductor Ltd., an independent semiconductor foundry, provides technology, development, and process platforms for integrated circuits in the United States, Japan, rest of Asia, and Europe. The company provides customizable process technologies, including SiGe, SiPho, mixed signal CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, wafers, and integrated power management. It also offe… Read more

Tower Semiconductor Ltd (TSEM) - Net Assets

Latest net assets as of December 2025: $2.90 Billion USD

Based on the latest financial reports, Tower Semiconductor Ltd (TSEM) has net assets worth $2.90 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.32 Billion) and total liabilities ($417.71 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $2.90 Billion
% of Total Assets 87.43%
Annual Growth Rate 13.23%
5-Year Change 79.81%
10-Year Change 325.51%
Growth Volatility 59.7

Tower Semiconductor Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Tower Semiconductor Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Tower Semiconductor Ltd (1994–2025)

The table below shows the annual net assets of Tower Semiconductor Ltd from 1994 to 2025.

Year Net Assets Change
2025-12-31 $2.90 Billion +10.01%
2024-12-31 $2.64 Billion +8.78%
2023-12-31 $2.43 Billion +28.51%
2022-12-31 $1.89 Billion +16.91%
2021-12-31 $1.62 Billion +11.03%
2020-12-31 $1.45 Billion +8.03%
2019-12-31 $1.35 Billion +8.94%
2018-12-31 $1.24 Billion +20.05%
2017-12-31 $1.03 Billion +50.85%
2016-12-31 $682.61 Million +77.03%
2015-12-31 $385.59 Million +97.17%
2014-12-31 $195.56 Million +38.45%
2013-12-31 $141.25 Million -35.80%
2012-12-31 $220.03 Million +25.94%
2011-12-31 $174.70 Million +48.33%
2010-12-31 $117.78 Million +110.27%
2009-12-31 $56.01 Million -49.21%
2008-12-31 $110.28 Million +146.66%
2007-12-31 $44.71 Million -66.38%
2006-12-31 $132.99 Million +542.31%
2005-12-31 $-30.07 Million -117.90%
2004-12-31 $167.98 Million -26.79%
2003-12-31 $229.46 Million -23.09%
2002-12-31 $298.33 Million +18.01%
2001-12-31 $252.81 Million +87.75%
2000-12-31 $134.65 Million +10.26%
1999-12-31 $122.12 Million -12.77%
1998-12-31 $140.00 Million -16.12%
1997-12-31 $166.90 Million +3.92%
1996-12-31 $160.60 Million -5.75%
1995-12-31 $170.40 Million +176.18%
1994-12-31 $61.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tower Semiconductor Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock $2.90 Billion 100.00%
Total Equity $2.90 Billion 100.00%

Tower Semiconductor Ltd Competitors by Market Cap

The table below lists competitors of Tower Semiconductor Ltd ranked by their market capitalization.

Company Market Cap
Pentair PLC
NYSE:PNR
 		$14.48 Billion
CK Asset Holdings Limited
PINK:CNGKY
 		$14.49 Billion
ASICS Corporation
PINK:ASCCF
 		$14.51 Billion
Standard Bank Group Ltd PK
PINK:SGBLY
 		$14.52 Billion
CSPC Pharmaceutical Group Limited
PINK:CSPCY
 		$14.45 Billion
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
 		$14.43 Billion
NN Group N.V
PINK:NNGPF
 		$14.43 Billion
Bureau Veritas SA
PINK:BVVBY
 		$14.42 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tower Semiconductor Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,653,318,000 to 2,904,583,000, a change of 251,265,000 (9.5%).
  • Net income of 220,470,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 74,188,000.
  • Other factors decreased equity by 43,393,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $220.47 Million +7.59%
Other Comprehensive Income $74.19 Million +2.55%
Other Changes $-43.39 Million -1.49%
Total Change $- 9.47%

Book Value vs Market Value Analysis

This analysis compares Tower Semiconductor Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.39x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 1.14x to 5.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 $120.65 $137.86 x
1995-12-31 $217.69 $137.86 x
1996-12-31 $180.74 $137.86 x
1997-12-31 $177.63 $137.86 x
1998-12-31 $157.82 $137.86 x
1999-12-31 $137.45 $137.86 x
2000-12-31 $145.79 $137.86 x
2001-12-31 $186.98 $137.86 x
2002-12-31 $140.14 $137.86 x
2003-12-31 $71.37 $137.86 x
2004-12-31 $32.27 $137.86 x
2005-12-31 $-5.59 $137.86 x
2006-12-31 $23.85 $137.86 x
2007-12-31 $5.57 $137.86 x
2008-12-31 $12.12 $137.86 x
2009-12-31 $4.87 $137.86 x
2010-12-31 $7.41 $137.86 x
2011-12-31 $8.46 $137.86 x
2012-12-31 $9.92 $137.86 x
2013-12-31 $3.56 $137.86 x
2014-12-31 $3.24 $137.86 x
2015-12-31 $5.34 $137.86 x
2016-12-31 $6.81 $137.86 x
2017-12-31 $9.78 $137.86 x
2018-12-31 $12.12 $137.86 x
2019-12-31 $12.61 $137.86 x
2020-12-31 $13.44 $137.86 x
2021-12-31 $14.77 $137.86 x
2022-12-31 $17.08 $137.86 x
2023-12-31 $21.87 $137.86 x
2024-12-31 $23.62 $137.86 x
2025-12-31 $25.57 $137.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tower Semiconductor Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 7.59%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.08%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.14x
  • Recent ROE (7.59%) is above the historical average (-26.51%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 12.64% 13.52% 0.61x 1.54x $1.63 Million
1995 11.97% 20.48% 0.42x 1.41x $3.36 Million
1996 6.23% 10.21% 0.45x 1.35x $-6.06 Million
1997 11.50% 15.25% 0.58x 1.30x $2.51 Million
1998 -11.07% -22.27% 0.39x 1.29x $-29.50 Million
1999 -16.76% -29.32% 0.45x 1.27x $-32.68 Million
2000 -2.96% -3.81% 0.58x 1.33x $-17.45 Million
2001 -15.24% -73.55% 0.11x 1.87x $-63.80 Million
2002 -17.23% -99.23% 0.07x 2.40x $-81.24 Million
2003 -49.80% -186.19% 0.08x 3.44x $-137.21 Million
2004 -82.01% -109.29% 0.15x 5.05x $-154.57 Million
2005 0.00% -199.12% 0.15x 0.00x $-200.08 Million
2006 -65.36% -46.38% 0.27x 5.26x $-100.23 Million
2007 -300.15% -58.13% 0.34x 15.36x $-138.67 Million
2008 -96.52% -42.29% 0.36x 6.40x $-117.46 Million
2009 -215.05% -40.31% 0.46x 11.62x $-126.06 Million
2010 -35.97% -8.32% 0.64x 6.81x $-54.15 Million
2011 -10.61% -3.03% 0.71x 4.91x $-36.00 Million
2012 -31.94% -11.00% 0.78x 3.70x $-92.27 Million
2013 -76.22% -21.32% 0.72x 5.00x $-121.78 Million
2014 2.08% 0.51% 0.94x 4.31x $-16.23 Million
2015 -7.46% -3.09% 0.99x 2.43x $-69.38 Million
2016 29.55% 16.32% 0.91x 2.00x $134.92 Million
2017 28.76% 21.48% 0.83x 1.62x $194.41 Million
2018 10.91% 10.40% 0.73x 1.44x $11.28 Million
2019 6.65% 7.30% 0.64x 1.43x $-45.41 Million
2020 5.65% 6.50% 0.60x 1.44x $-63.48 Million
2021 9.25% 9.95% 0.68x 1.38x $-12.19 Million
2022 13.99% 15.77% 0.66x 1.35x $75.45 Million
2023 21.32% 36.44% 0.49x 1.20x $275.24 Million
2024 7.83% 14.47% 0.47x 1.16x $-57.47 Million
2025 7.59% 14.08% 0.47x 1.14x $-69.99 Million

Industry Comparison

This section compares Tower Semiconductor Ltd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $1,032,397,694
  • Average return on equity (ROE) among peers: -33.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tower Semiconductor Ltd (TSEM) $2.90 Billion 12.64% 0.14x $14.48 Billion
Analog Devices Inc (ADI) $3.80 Billion 22.85% 0.39x $150.01 Billion
Arteris Inc (AIP) $-14.63 Million 0.00% 0.00x $535.54 Million
Astera Labs, Inc. (ALAB) $-85.29 Million 0.00% 0.00x $17.81 Billion
Allegro Microsystems Inc (ALGM) $634.13 Million 5.83% 0.29x $3.98 Billion
Aeluma, Inc (ALMU) $5.10 Million -67.68% 0.16x $159.25 Million
Ambiq Micro, Inc. (AMBQ) $89.01 Million -28.47% 0.18x $419.98 Million
Advanced Micro Devices Inc (AMD) $187.00 Million -215.51% 19.14x $318.29 Billion
AMSSD (AMSSD) $1.91 Billion -84.67% 2.89x $27.31K
Alpha and Omega Semiconductor Ltd (AOSL) $260.25 Million 14.53% 0.34x $512.72 Million
Arm Holdings plc American Depositary Shares (ARM) $3.55 Billion 15.47% 0.83x $17.42 Billion