(ASX) ASE Industrial Holding - Overview
Exchange: NYSE •
Country: Taiwan •
Currency: USD •
Type: Common Stock •
ISIN: US00215W1009
Stock: Semiconductor Packaging, Testing, EMS, Real Estate
Total Rating 66
Risk 83
Buy Signal -0.03
| Risk 5d forecast | |
|---|---|
| Volatility | 45.5% |
| Relative Tail Risk | -4.54% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.98 |
| Alpha | 84.88 |
| Character TTM | |
|---|---|
| Beta | 1.885 |
| Beta Downside | 1.216 |
| Drawdowns 3y | |
|---|---|
| Max DD | 40.64% |
| CAGR/Max DD | 1.23 |
EPS (Earnings per Share)
Revenue
Description: ASX ASE Industrial Holding March 06, 2026
ASE Technology Holding Co., Ltd. (ASX) provides semiconductor manufacturing services globally, including packaging and testing. The company operates in the semiconductor industry, which is cyclical and capital-intensive.
Its business model includes Electronic Manufacturing Services (EMS) for diverse applications like automotive and server technology, and offers turnkey solutions encompassing packaging, testing, and direct shipment to end-users. This integrated approach is common for large-scale contract manufacturers.
Beyond core semiconductor services, ASX engages in property leasing, real estate development, and other diversified activities. It also produces electronic components and antennas. These non-core ventures can provide additional revenue streams but also introduce complexity.
Further research on ValueRay can provide detailed financial metrics and competitive analysis for ASX.
Headlines to watch out for
- Global semiconductor demand impacts packaging and testing services
- EMS segment revenue tied to electronics manufacturing trends
- Wafer and substrate material costs influence profit margins
- Geopolitical tensions affect supply chain stability
- Capital expenditure on advanced packaging technology drives growth
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 40.45b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -2.42 > 1.0 |
| NWC/Revenue: 10.85% < 20% (prev 7.43%; Δ 3.42% < -1%) |
| CFO/TA 0.15 > 3% & CFO 135.40b > Net Income 40.45b |
| Net Debt (171.63b) to EBITDA (121.32b): 1.41 < 3 |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.23b) vs 12m ago -49.28% < -2% |
| Gross Margin: 17.26% > 18% (prev 0.15%; Δ 1710 % > 0.5%) |
| Asset Turnover: 78.55% > 50% (prev 80.60%; Δ -2.06% > 0%) |
| Interest Coverage Ratio: 9.79 > 6 (EBITDA TTM 121.32b / Interest Expense TTM 5.62b) |
Altman Z'' 2.14
| A: 0.08 (Total Current Assets 313.80b - Total Current Liabilities 244.35b) / Total Assets 889.33b |
| B: 0.14 (Retained Earnings 126.46b / Total Assets 889.33b) |
| C: 0.07 (EBIT TTM 54.99b / Avg Total Assets 815.02b) |
| D: 0.67 (Book Value of Equity 346.90b / Total Liabilities 515.97b) |
| Altman-Z'' Score: 2.14 = BBB |
Beneish M -3.26
| DSRI: 1.03 (Receivables 125.04b/113.42b, Revenue 640.16b/597.03b) |
| GMI: 0.89 (GM 17.26% / 15.38%) |
| AQI: 0.84 (AQ_t 0.16 / AQ_t-1 0.19) |
| SGI: 1.07 (Revenue 640.16b / 597.03b) |
| TATA: -0.11 (NI 40.45b - CFO 135.40b) / TA 889.33b) |
| Beneish M-Score: -3.26 (Cap -4..+1) = AA |
What is the price of ASX shares?
As of March 09, 2026, the stock is trading at USD 21.12 with a total of 7,985,398 shares traded.
Over the past week, the price has changed by -12.73%, over one month by -4.65%, over three months by +34.18% and over the past year by +128.69%.
Over the past week, the price has changed by -12.73%, over one month by -4.65%, over three months by +34.18% and over the past year by +128.69%.
Is ASX a buy, sell or hold?
ASE Industrial Holding has received a consensus analysts rating of 4.67.
Therefore, it is recommended to buy ASX.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ASX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.3 | 10.4% |
| Analysts Target Price | 23.3 | 10.4% |
ASX Fundamental Data Overview March 06, 2026
P/E Trailing = 39.4643
P/E Forward = 12.3001
P/S = 0.0749
P/B = 4.4173
P/EG = 4.9625
Revenue TTM = 640.16b USD
EBIT TTM = 54.99b USD
EBITDA TTM = 121.32b USD
Long Term Debt = 218.95b USD (from longTermDebt, two quarters ago)
Short Term Debt = 50.02b USD (from shortTermDebt, last quarter)
Debt = 264.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 171.63b USD (from netDebt column, last quarter)
Enterprise Value = 210.73b USD (48.33b + Debt 264.10b - CCE 101.70b)
Interest Coverage Ratio = 9.79 (Ebit TTM 54.99b / Interest Expense TTM 5.62b)
EV/FCF = -14.13x (Enterprise Value 210.73b / FCF TTM -14.91b)
FCF Yield = -7.08% (FCF TTM -14.91b / Enterprise Value 210.73b)
FCF Margin = -2.33% (FCF TTM -14.91b / Revenue TTM 640.16b)
Net Margin = 6.32% (Net Income TTM 40.45b / Revenue TTM 640.16b)
Gross Margin = 17.26% ((Revenue TTM 640.16b - Cost of Revenue TTM 529.70b) / Revenue TTM)
Gross Margin QoQ = 19.52% (prev 17.13%)
Tobins Q-Ratio = 0.24 (Enterprise Value 210.73b / Total Assets 889.33b)
Interest Expense / Debt = 0.65% (Interest Expense 1.73b / Debt 264.10b)
Taxrate = 17.79% (3.28b / 18.43b)
NOPAT = 45.21b (EBIT 54.99b * (1 - 17.79%))
Current Ratio = 1.28 (Total Current Assets 313.80b / Total Current Liabilities 244.35b)
Debt / Equity = 0.76 (Debt 264.10b / totalStockholderEquity, last quarter 346.90b)
Debt / EBITDA = 1.41 (Net Debt 171.63b / EBITDA 121.32b)
Debt / FCF = -11.51 (negative FCF - burning cash) (Net Debt 171.63b / FCF TTM -14.91b)
Total Stockholder Equity = 317.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.96% (Net Income 40.45b / Total Assets 889.33b)
RoE = 12.75% (Net Income TTM 40.45b / Total Stockholder Equity 317.31b)
RoCE = 10.25% (EBIT 54.99b / Capital Employed (Equity 317.31b + L.T.Debt 218.95b))
RoIC = 8.14% (NOPAT 45.21b / Invested Capital 555.14b)
WACC = 2.44% (E(48.33b)/V(312.43b) * Re(12.86%) + D(264.10b)/V(312.43b) * Rd(0.65%) * (1-Tc(0.18)))
Discount Rate = 12.86% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -28.39%
[DCF] Fair Price = unknown (Cash Flow -14.91b)
EPS Correlation: 50.11 | EPS CAGR: 107.4% | SUE: 3.31 | # QB: 3
Revenue Correlation: 3.29 | Revenue CAGR: 5.40% | SUE: 0.05 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.18 | Chg7d=+0.004 | Chg30d=-0.006 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=0.87 | Chg7d=+0.035 | Chg30d=+0.008 | Revisions Net=-1 | Growth EPS=+52.1% | Growth Revenue=+17.2%
EPS next Year (2027-12-31): EPS=1.20 | Chg7d=+0.200 | Chg30d=+0.200 | Revisions Net=+1 | Growth EPS=+38.2% | Growth Revenue=+14.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 10.3% (Discount Rate 12.9% - Earnings Yield 2.5%)
[Growth] Growth Spread = +7.8% (Analyst 18.1% - Implied 10.3%)
P/E Forward = 12.3001
P/S = 0.0749
P/B = 4.4173
P/EG = 4.9625
Revenue TTM = 640.16b USD
EBIT TTM = 54.99b USD
EBITDA TTM = 121.32b USD
Long Term Debt = 218.95b USD (from longTermDebt, two quarters ago)
Short Term Debt = 50.02b USD (from shortTermDebt, last quarter)
Debt = 264.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 171.63b USD (from netDebt column, last quarter)
Enterprise Value = 210.73b USD (48.33b + Debt 264.10b - CCE 101.70b)
Interest Coverage Ratio = 9.79 (Ebit TTM 54.99b / Interest Expense TTM 5.62b)
EV/FCF = -14.13x (Enterprise Value 210.73b / FCF TTM -14.91b)
FCF Yield = -7.08% (FCF TTM -14.91b / Enterprise Value 210.73b)
FCF Margin = -2.33% (FCF TTM -14.91b / Revenue TTM 640.16b)
Net Margin = 6.32% (Net Income TTM 40.45b / Revenue TTM 640.16b)
Gross Margin = 17.26% ((Revenue TTM 640.16b - Cost of Revenue TTM 529.70b) / Revenue TTM)
Gross Margin QoQ = 19.52% (prev 17.13%)
Tobins Q-Ratio = 0.24 (Enterprise Value 210.73b / Total Assets 889.33b)
Interest Expense / Debt = 0.65% (Interest Expense 1.73b / Debt 264.10b)
Taxrate = 17.79% (3.28b / 18.43b)
NOPAT = 45.21b (EBIT 54.99b * (1 - 17.79%))
Current Ratio = 1.28 (Total Current Assets 313.80b / Total Current Liabilities 244.35b)
Debt / Equity = 0.76 (Debt 264.10b / totalStockholderEquity, last quarter 346.90b)
Debt / EBITDA = 1.41 (Net Debt 171.63b / EBITDA 121.32b)
Debt / FCF = -11.51 (negative FCF - burning cash) (Net Debt 171.63b / FCF TTM -14.91b)
Total Stockholder Equity = 317.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.96% (Net Income 40.45b / Total Assets 889.33b)
RoE = 12.75% (Net Income TTM 40.45b / Total Stockholder Equity 317.31b)
RoCE = 10.25% (EBIT 54.99b / Capital Employed (Equity 317.31b + L.T.Debt 218.95b))
RoIC = 8.14% (NOPAT 45.21b / Invested Capital 555.14b)
WACC = 2.44% (E(48.33b)/V(312.43b) * Re(12.86%) + D(264.10b)/V(312.43b) * Rd(0.65%) * (1-Tc(0.18)))
Discount Rate = 12.86% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -28.39%
[DCF] Fair Price = unknown (Cash Flow -14.91b)
EPS Correlation: 50.11 | EPS CAGR: 107.4% | SUE: 3.31 | # QB: 3
Revenue Correlation: 3.29 | Revenue CAGR: 5.40% | SUE: 0.05 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.18 | Chg7d=+0.004 | Chg30d=-0.006 | Revisions Net=+0 | Analysts=2
EPS current Year (2026-12-31): EPS=0.87 | Chg7d=+0.035 | Chg30d=+0.008 | Revisions Net=-1 | Growth EPS=+52.1% | Growth Revenue=+17.2%
EPS next Year (2027-12-31): EPS=1.20 | Chg7d=+0.200 | Chg30d=+0.200 | Revisions Net=+1 | Growth EPS=+38.2% | Growth Revenue=+14.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 10.3% (Discount Rate 12.9% - Earnings Yield 2.5%)
[Growth] Growth Spread = +7.8% (Analyst 18.1% - Implied 10.3%)