(ASX) ASE Industrial Holding - Ratings and Ratios

ASE Technology Holding Co., Ltd. (NYSE:ASX), a global leader in semiconductor packaging, testing, and electronic manufacturing services, operates across the United States, Taiwan, Asia, Europe, and other international markets. The company provides advanced semiconductor manufacturing services, including front-end engineering, wafer probing, and final testing. It also offers comprehensive electronics manufacturing solutions, including PCB assembly, system integration, and after-sales support. Beyond semiconductors, ASE manages a diverse portfolio of businesses, including real estate development, substrate production, and peripheral electronics manufacturing. The company also provides software solutions, equipment leasing, and supply chain management services. ASE was founded in 1984 and is headquartered in Kaohsiung, Taiwan, with a significant presence in global technology supply chains.

ASE Technology Holding Co., Ltd. has established itself as a critical player in the semiconductor industry, serving major chipmakers and electronics manufacturers worldwide. Its services encompass the entire semiconductor production cycle, from design to manufacturing and testing. The company’s real estate division focuses on industrial and commercial properties, primarily in Taiwan and other Asian markets. ASE also produces substrates for the semiconductor industry, a critical component in advanced packaging solutions. Its peripheral electronics business includes the production of computer and communication peripherals, motherboards, and telecommunications equipment. The company’s global operations are supported by a network of facilities and partnerships, ensuring a robust supply chain and customer service capabilities.

### 3-Month Forecast Based on the provided data: - Technical Outlook: The stock is currently trading below its 20-day, 50-day, and 200-day moving averages, indicating bearish momentum. However, the narrowing gap between the 20-day (8.52) and 50-day (9.53) SMAs suggests potential stabilization. The ATR of 0.41 reflects moderate volatility, which may decrease further if price action remains constrained. - Fundamental Outlook: With a forward P/E of 12.30 and a P/S ratio of 0.03, the stock appears undervalued relative to its earnings potential. The RoE of 10.03% indicates healthy profitability. The market cap of $17.54B reflects its large-cap status, suggesting stability but limiting near-term growth upside. - Price Target: Based on technical and fundamental factors, the stock is expected to trade in a narrow range between $7.60 and $8.80 over the next three months, with potential upside driven by earnings surprises or improved semiconductor demand.