(ASX) ASE Industrial Holding - Ratings and Ratios
Semiconductors, Packaging, Testing, Electronic Manufacturing, Real Estate
ASX EPS (Earnings per Share)
ASX Revenue
Description: ASX ASE Industrial Holding
ASE Industrial Holding Co Ltd ADR (NYSE:ASX) is a subsidiary of ASE Technology Holding Co., Ltd., a leading provider of semiconductor packaging and testing services, as well as electronic manufacturing services. The company operates globally, with a presence in the United States, Taiwan, Asia, Europe, and other international markets.
Beyond its core semiconductor business, ASX has diversified revenue streams through its subsidiaries, including real estate development and management, substrate production, information software, equipment leasing, investment advisory, and warehousing management services. This diversification can help mitigate risks and create opportunities for growth.
To evaluate the companys performance, we can examine key performance indicators (KPIs) such as revenue growth, gross margin, and operating margin. A review of these metrics can provide insights into ASXs ability to generate profits, manage costs, and invest in growth initiatives. For instance, a high gross margin can indicate a strong competitive position, while a rising operating margin can suggest effective cost management.
From a valuation perspective, we can analyze the companys price-to-earnings (P/E) ratio, which is currently 19.94. Comparing this to the industry average and the companys historical P/E ratio can help determine if the stock is undervalued or overvalued. Additionally, the forward P/E ratio of 12.30 suggests expected earnings growth, which can be a positive indicator for investors.
The return on equity (RoE) of 11.01% indicates that ASX is generating returns for shareholders, although this metric should be evaluated in the context of the companys cost of capital and industry benchmarks. A more detailed analysis of ASXs financials and industry trends can provide a more comprehensive understanding of the companys prospects and investment potential.
ASX Stock Overview
| Market Cap in USD | 21,489m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 1995-12-15 |
ASX Stock Ratings
| Growth Rating | 59.2% |
| Fundamental | 45.5% |
| Dividend Rating | 64.2% |
| Return 12m vs S&P 500 | -10.8% |
| Analyst Rating | 4.67 of 5 |
ASX Dividends
| Dividend Yield 12m | 3.64% |
| Yield on Cost 5y | 11.09% |
| Annual Growth 5y | 18.81% |
| Payout Consistency | 77.5% |
| Payout Ratio | 17.0% |
ASX Growth Ratios
| Growth Correlation 3m | 15% |
| Growth Correlation 12m | 24.1% |
| Growth Correlation 5y | 82.7% |
| CAGR 5y | 25.44% |
| CAGR/Max DD 5y | 0.55 |
| Sharpe Ratio 12m | 1.14 |
| Alpha | -18.29 |
| Beta | 1.545 |
| Volatility | 35.51% |
| Current Volume | 9060.5k |
| Average Volume 20d | 6663.6k |
| Stop Loss | 9.6 (-3.1%) |
| Signal | 0.11 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (34.05b TTM) > 0 and > 6% of Revenue (6% = 37.28b TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA -5.00pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 0.81% (prev 6.84%; Δ -6.03pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 114.12b > Net Income 34.05b (YES >=105%, WARN >=100%) |
| Net Debt (159.51b) to EBITDA (109.31b) ratio: 1.46 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.02 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (2.20b) change vs 12m ago 0.37% (target <= -2.0% for YES) |
| Gross Margin 16.68% (prev 15.87%; Δ 0.81pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 85.80% (prev 86.07%; Δ -0.26pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 6.67 (EBITDA TTM 109.31b / Interest Expense TTM 6.94b) >= 6 (WARN >= 3) |
Altman Z'' 1.26
| (A) 0.01 = (Total Current Assets 254.00b - Total Current Liabilities 248.97b) / Total Assets 765.17b |
| (B) 0.14 = Retained Earnings (Balance) 108.12b / Total Assets 765.17b |
| (C) 0.06 = EBIT TTM 46.28b / Avg Total Assets 724.05b |
| (D) 0.31 = Book Value of Equity 140.79b / Total Liabilities 450.24b |
| Total Rating: 1.26 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 45.53
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 1.12% = 0.56 |
| 3. FCF Margin 1.47% = 0.37 |
| 4. Debt/Equity 0.79 = 2.20 |
| 5. Debt/Ebitda 2.13 = -0.25 |
| 6. ROIC - WACC -1.58% = -1.97 |
| 7. RoE 11.00% = 0.92 |
| 8. Rev. Trend -25.15% = -1.26 |
| 9. Rev. CAGR -7.83% = -1.30 |
| 10. EPS Trend -29.30% = -0.73 |
| 11. EPS CAGR -26.54% = -2.50 |
What is the price of ASX shares?
Over the past week, the price has changed by +0.51%, over one month by -5.44%, over three months by +7.87% and over the past year by +4.36%.
Is ASE Industrial Holding a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ASX is around 10.75 USD . This means that ASX is currently overvalued and has a potential downside of 8.48%.
Is ASX a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the ASX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13.2 | 33.1% |
| Analysts Target Price | 11 | 11.1% |
| ValueRay Target Price | 12 | 21.3% |
Last update: 2025-08-21 11:10
ASX Fundamental Data Overview
CCE Cash And Equivalents = 76.90b TWD (Cash And Short Term Investments, last quarter)
P/E Trailing = 19.66
P/E Forward = 12.3001
P/S = 0.0339
P/B = 2.1617
P/EG = 1.38
Beta = 0.908
Revenue TTM = 621.27b TWD
EBIT TTM = 46.28b TWD
EBITDA TTM = 109.31b TWD
Long Term Debt = 178.99b TWD (from longTermDebt, last quarter)
Short Term Debt = 53.30b TWD (from shortTermDebt, last quarter)
Debt = 232.29b TWD (Calculated: Short Term 53.30b + Long Term 178.99b)
Net Debt = 159.51b TWD (from netDebt column, last quarter)
Enterprise Value = 811.11b TWD (655.72b + Debt 232.29b - CCE 76.90b)
Interest Coverage Ratio = 6.67 (Ebit TTM 46.28b / Interest Expense TTM 6.94b)
FCF Yield = 1.12% (FCF TTM 9.11b / Enterprise Value 811.11b)
FCF Margin = 1.47% (FCF TTM 9.11b / Revenue TTM 621.27b)
Net Margin = 5.48% (Net Income TTM 34.05b / Revenue TTM 621.27b)
Gross Margin = 16.68% ((Revenue TTM 621.27b - Cost of Revenue TTM 517.63b) / Revenue TTM)
Tobins Q-Ratio = 5.76 (Enterprise Value 811.11b / Book Value Of Equity 140.79b)
Interest Expense / Debt = 0.52% (Interest Expense 1.20b / Debt 232.29b)
Taxrate = 18.97% (from yearly Income Tax Expense: 7.92b / 41.73b)
NOPAT = 37.50b (EBIT 46.28b * (1 - 18.97%))
Current Ratio = 1.02 (Total Current Assets 254.00b / Total Current Liabilities 248.97b)
Debt / Equity = 0.79 (Debt 232.29b / last Quarter total Stockholder Equity 293.77b)
Debt / EBITDA = 2.13 (Net Debt 159.51b / EBITDA 109.31b)
Debt / FCF = 25.51 (Debt 232.29b / FCF TTM 9.11b)
Total Stockholder Equity = 309.55b (last 4 quarters mean)
RoA = 4.45% (Net Income 34.05b, Total Assets 765.17b )
RoE = 11.00% (Net Income TTM 34.05b / Total Stockholder Equity 309.55b)
RoCE = 9.47% (Ebit 46.28b / (Equity 309.55b + L.T.Debt 178.99b))
RoIC = 7.18% (NOPAT 37.50b / Invested Capital 522.49b)
WACC = 8.76% (E(655.72b)/V(888.02b) * Re(11.71%)) + (D(232.29b)/V(888.02b) * Rd(0.52%) * (1-Tc(0.19)))
Shares Correlation 5-Years: 60.0 | Cagr: 0.32%
Discount Rate = 11.71% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 70.45% ; FCFE base≈22.37b ; Y1≈27.60b ; Y5≈47.08b
Fair Price DCF = 208.9 (DCF Value 454.31b / Shares Outstanding 2.17b; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: -25.15 | Revenue CAGR: -7.83%
Rev Growth-of-Growth: 14.07
EPS Correlation: -29.30 | EPS CAGR: -26.54%
EPS Growth-of-Growth: 71.21
Additional Sources for ASX Stock
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