(ASX) ASE Industrial Holding - Overview
Sector: Technology | Industry: Semiconductors | Exchange: NYSE (USA) | Market Cap: 48.727m USD | Total Return: 203% in 12m
Semiconductor Packaging, Testing, EMS, Real Estate
Total Rating 62
Safety 87
Buy Signal 0.83
Semiconductors
Industry Rotation: +7.6
Industry Rotation: +7.6
Market Cap:
48.7B
Avg Turnover: 136M USD
Avg Turnover: 136M USD
ATR:
3.97%
Peers RS (IBD): 92.6
Peers RS (IBD): 92.6
Risk 5d forecast
Volatility38.3%
Rel. Tail Risk-3.52%
Reward TTM
Sharpe Ratio2.77
Alpha139.03
Character TTM
Beta1.858
Beta Downside1.265
Drawdowns 3y
Max DD40.64%
CAGR/Max DD1.22
EPS (Earnings per Share)
EPS CAGR: -55.15%
EPS Trend: 50.5%
EPS Trend: 50.5%
Last SUE: -0.13
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 2.84%
Rev. Trend: 11.0%
Rev. Trend: 11.0%
Last SUE: 0.17
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: ASX ASE Industrial Holding
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.
- 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)
6.0
| Net Income: 47.68b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.24 > 0.02 and ΔFCF/TA 25.88 > 1.0 |
| NWC/Revenue: 10.36% < 20% (prev 1.78%; Δ 8.58% < -1%) |
| CFO/TA -0.06 > 3% & CFO -55.52b > Net Income 47.68b |
| Net Debt (171.63b) to EBITDA (129.61b): 1.32 < 3 |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.23b) vs 12m ago 1.43% < -2% |
| Gross Margin: 18.18% > 18% (prev 0.16%; Δ 1.80k% > 0.5%) |
| Asset Turnover: 80.59% > 50% (prev 78.96%; Δ 1.63% > 0%) |
| Interest Coverage Ratio: 10.06 > 6 (EBITDA TTM 129.61b / Interest Expense TTM 6.09b) |
Altman Z''
2.12
| A: 0.08 (Total Current Assets 313.80b - Total Current Liabilities 244.35b) / Total Assets 889.33b |
| B: 0.13 (Retained Earnings 112.30b / Total Assets 889.33b) |
| C: 0.07 (EBIT TTM 61.24b / Avg Total Assets 831.75b) |
| D: 0.67 (Book Value of Equity 346.90b / Total Liabilities 515.97b) |
| Altman-Z'' Score: 2.12 = BBB |
Beneish M
-3.01
| DSRI: 1.04 (Receivables 125.04b/109.72b, Revenue 670.28b/611.28b) |
| GMI: 0.86 (GM 18.18% / 15.63%) |
| AQI: 0.87 (AQ_t 0.16 / AQ_t-1 0.18) |
| SGI: 1.10 (Revenue 670.28b / 611.28b) |
| TATA: 0.12 (NI 47.68b - CFO -55.52b) / TA 889.33b) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of ASX shares?
As of April 08, 2026, the stock is trading at USD 22.19 with a total of 4,821,409 shares traded.
Over the past week, the price has changed by +2.35%, over one month by +2.45%, over three months by +25.94% and over the past year by +202.96%.
Over the past week, the price has changed by +2.35%, over one month by +2.45%, over three months by +25.94% and over the past year by +202.96%.
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?
| Analysts Target Price | 23.3 | 5% |
ASE Industrial Holding (ASX) - Fundamental Data Overview
as of 04 April 2026
Market Cap TWD = 1555.77b (48.73b USD * 31.928 USD.TWD)P/E Trailing = 40.5091
P/E Forward = 12.3001
P/S = 0.0755
P/B = 4.5523
P/EG = 4.9625
Revenue TTM = 670.28b TWD
EBIT TTM = 61.24b TWD
EBITDA TTM = 129.61b TWD
Long Term Debt = 214.08b TWD (from longTermDebt, last fiscal year)
Short Term Debt = 50.02b TWD (from shortTermDebt, last quarter)
Debt = 264.10b TWD (from shortLongTermDebtTotal, last quarter)
Net Debt = 171.63b TWD (from netDebt column, last quarter)
Enterprise Value = 1718.17b TWD (1555.77b + Debt 264.10b - CCE 101.70b)
Interest Coverage Ratio = 10.06 (Ebit TTM 61.24b / Interest Expense TTM 6.09b)
EV/FCF = 8.01x (Enterprise Value 1718.17b / FCF TTM 214.52b)
FCF Yield = 12.49% (FCF TTM 214.52b / Enterprise Value 1718.17b)
FCF Margin = 32.00% (FCF TTM 214.52b / Revenue TTM 670.28b)
Net Margin = 7.11% (Net Income TTM 47.68b / Revenue TTM 670.28b)
Gross Margin = 18.18% ((Revenue TTM 670.28b - Cost of Revenue TTM 548.40b) / Revenue TTM)
Gross Margin QoQ = 19.52% (prev 19.52%)
Tobins Q-Ratio = 1.93 (Enterprise Value 1718.17b / Total Assets 889.33b)
Interest Expense / Debt = 0.65% (Interest Expense 1.73b / Debt 264.10b)
Taxrate = 17.79% (3.28b / 18.43b)
NOPAT = 50.35b (EBIT 61.24b * (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 = 1.32 (Net Debt 171.63b / EBITDA 129.61b)
Debt / FCF = 0.80 (Net Debt 171.63b / FCF TTM 214.52b)
Total Stockholder Equity = 326.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.73% (Net Income 47.68b / Total Assets 889.33b)
RoE = 14.62% (Net Income TTM 47.68b / Total Stockholder Equity 326.15b)
RoCE = 11.34% (EBIT 61.24b / Capital Employed (Equity 326.15b + L.T.Debt 214.08b))
RoIC = 8.72% (NOPAT 50.35b / Invested Capital 577.19b)
WACC = 10.78% (E(1555.77b)/V(1819.86b) * Re(12.52%) + D(264.10b)/V(1819.86b) * Rd(0.65%) * (1-Tc(0.18)))
Discount Rate = 12.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -28.79%
[DCF] Terminal Value 59.20% ; FCFF base≈214.52b ; Y1≈140.84b ; Y5≈64.41b
[DCF] Fair Price = 316.2 (EV 863.10b - Net Debt 171.63b = Equity 691.47b / Shares 2.19b; r=10.78% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 50.48 | EPS CAGR: -55.15% | SUE: -0.13 | # QB: 0
Revenue Correlation: 11.03 | Revenue CAGR: 2.84% | SUE: 0.17 | # 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=+17.0%
EPS next Year (2027-12-31): EPS=1.20 | Chg7d=+0.200 | Chg30d=+0.200 | Revisions Net=+1 | Growth EPS=+38.2% | Growth Revenue=+15.1%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 10.1% (Discount Rate 12.5% - Earnings Yield 2.5%)
[Growth] Growth Spread = +7.5% (Analyst 17.6% - Implied 10.1%)
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