ASX

ASE Technology Holding Co., Ltd.

Fundamental data last updated:June 6, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Technology

industry

Semiconductors

Exchange

NYSE

County of HQ

TW

Next Earnings Date

07/30/2026

Business Summary

ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It offers packaging services, including flip chip ball grid array (BGA) and chip scale package (CSP), advanced chip scale packages, quad flat packages, low profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, and 3D chip packages; stacked die solutions in various packages; and copper and silver wire bonding solutions. The company also provides advanced packages, such as flip chip BGA; heat-spreader FCBGA; flip-chip CSP; hybrid FCCSP; flip chip package in package and package on package (POP); advanced single sided substrate; high-bandwidth POP; fan-out wafer-level packaging; SESUB; and 2.5D silicon interposer. In addition, it offers IC wire bonding packages; system-in-package products (SiP) and modules; and interconnect materials, as well as assembles automotive electronic products. Further, the company provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, logic/mixed-signal/RF module and SiP/MEMS/discrete final testing, and other test-related services, as well as drop shipment services. Additionally, it develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan.

 


VALUATION

P/E

3.15

Market Cap ($M USD)

$74.66B

Forward P/E

0.53

PEG

0.00

PRICE TO SALES

3.77

PRICE TO BOOK

7.20

EV / EBITDA

20.25

5-Year Average P/E

Free Cash Flow Yield

-0.19%

DCF Value

$3.75

Graham Number

$139.61

Price to FCF

-538.14

EV to FCF

-574.09

Earnings Yield

1.87%

FCF Yield

-0.19%

DIVIDEND

Yield

0.92%

Annual Payout

$5.30

Payout Ratio

48.75%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$10.81

Next Year EPS Growth Estimate

$63.85

Next Year Revenue Growth Estimate

$110.57T

Return on Equity (ROE)

14.45%

FREE CASH FLOW

Operating Margin

8.74%

Debt-to-Equity

0.76

Piotroski F-Score

6

Altman Z-Score

3.83

Return on Invested Capital (ROIC)

8.84%

Current Ratio

1.15

Quick Ratio

0.89

Net Debt to EBITDA

1.27

Interest Coverage

9.90

Gross Profit margin

18.51%

FCF PER SHARE

$-1.08

REVENUE PER SHARE

$153.41

Gainseekers Quantitative Analysis

Summary

The market appears to be dramatically mispricing ASE Technology Holding Co., Ltd. relative to its intrinsic value. With a Forward P/E of just 0.55, the stock is trading at a fraction of its earnings potential, suggesting significant upside. The Altman Z-score of 3.40 indicates financial stability, while the Earnings Yield of 2.01% is modest but not alarming. However, the DCF value suggests the stock has been trading well below its fair value, highlighting a potential deep value opportunity for savvy investors.

AI Exposure / Tech Reliance

Positioned within the semiconductor industry, ASE Technology is well-suited to capitalize on AI and tech advancements. As demand for semiconductors grows with AI integration, the company stands to benefit from increased sales and innovation. Its strategic positioning in a high-growth sector underscores its resilience and adaptability.

The Bull Case

For value and GARP investors, ASE Technology presents a compelling opportunity. The ROIC of 8.84% reflects efficient capital use, while a Piotroski F-Score of 6 suggests solid financial health. Despite a negative FCF Yield, the company's operating margin of 8.74% indicates robust pricing power. These metrics collectively paint a picture of a company with strong operational execution and potential for future growth.

The Bear Case

Despite its strengths, ASE Technology faces notable risks. The Price/Book ratio of 6.70 and Price/Sales of 3.51 suggest the stock is expensive relative to its assets and revenue. Additionally, the negative FCF Yield and Price to FCF ratio highlight troubling cash flow issues. Trading near its 52-week high, the stock may be technically overextended, posing a risk for potential investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.40

Insider Buying % (6 Mo)

Distance to 52-Week High

20.78%

Distance to 52-Week Low

72.67%

EARNINGS SURPRISE %

17.44%

50-DAY SMA

$30.24

200-DAY SMA

$19.54

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.