ASE Technology Holding Co., Ltd. ASX
- Market cap
- $96.9B
- P/E
- 50.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.39 | 5.04 | 3.51 | 3.46 | 3.17 | 5.92 | 4.45 | 6.21 | 8.10 | 6.94 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 6.23 | 7.52 | 8.00 | 5.70 | 5.94 | 9.62 | 8.15 | 9.55 | 12.86 | 16.51 |
High Price
|
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| 68,100 | 68,753 | 93,891 | 96,528 | 101,981 | 95,727 | 97,079 | 92,894 | 97,079 | 105,947 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 8,484 | 9,799 | 12,123 | 13,814 | 16,986 | 20,548 | 21,831 | 19,004 | 18,158 | 20,573 |
Revenue
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| 19.35% | 18.16% | 16.48% | 15.56% | 16.35% | 19.36% | 20.11% | 15.77% | 16.28% | 17.69% |
Gross Margin
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| 865 | 1,047 | 1,043 | 778 | 1,274 | 2,891 | 2,661 | 1,392 | 1,273 | 1,635 |
EBT
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| 10.20% | 10.68% | 8.61% | 5.63% | 7.50% | 14.07% | 12.19% | 7.32% | 7.01% | 7.95% |
EBT Margin
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| 865 | 1,047 | 1,043 | 778 | 1,274 | 2,891 | 2,661 | 1,392 | 1,273 | 1,635 |
Net Income
|
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| 908 | 985 | 1,395 | 1,687 | 1,825 | 1,966 | 1,804 | 1,898 | 1,824 | 2,150 |
Depreciation
|
|||
| 4.43 | 4.80 | 5.71 | 6.54 | 7.96 | 9.55 | 10.21 | 8.85 | 8.41 | 9.48 |
Revenue/Sh
|
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| 0.35 | 0.37 | 0.40 | 0.26 | 0.44 | 1.03 | 0.98 | 0.47 | 0.47 | 0.60 |
Earnings/Sh
|
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| 0.84 | 0.78 | 0.79 | 1.14 | 1.25 | 1.37 | 1.69 | 1.74 | 1.28 | 2.09 |
Cash Flow/Sh
|
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| (0.43) | (0.39) | (0.63) | (0.92) | (0.98) | (1.19) | (1.11) | (0.82) | (1.14) | (2.40) |
Capex/Sh
|
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| 0.41 | 0.40 | 0.16 | 0.23 | 0.27 | 0.17 | 0.58 | 0.92 | 0.14 | (0.31) |
Free CF/Sh
|
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| 2.69 | 3.33 | 3.37 | 3.37 | 3.87 | 4.49 | 4.77 | 4.79 | 4.83 | 5.41 |
Book Value/Sh
|
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| 1,916 | 2,040 | 2,123 | 2,113 | 2,133 | 2,153 | 2,137 | 2,148 | 2,159 | 2,171 |
Shares
|
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| 14.46 | 16.55 | 9.38 | 21.38 | 13.27 | 7.44 | 6.39 | 16.34 | 21.89 | 26.39 |
PE Ratio
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| 1.15 | 1.38 | 0.66 | 0.85 | 0.73 | 0.82 | 0.61 | 1.03 | 1.20 | 1.70 |
PS Ratio
|
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| 1.89 | 1.99 | 1.11 | 1.65 | 1.51 | 1.74 | 1.31 | 1.90 | 2.08 | 2.97 |
PB Ratio
|
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| 1.33 | 1.40 | 0.92 | 1.12 | 0.95 | 0.98 | 0.74 | 1.13 | 1.32 | 1.89 |
EV/Sales
|
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| 5.31 | 5.04 | 9.48 | 35.94 | 32.63 | 77.55 | 15.03 | 11.75 | 129.95 | (49.33) |
EV/FCF
|
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| 1,608 | 1,600 | 1,669 | 2,417 | 2,673 | 2,946 | 3,612 | 3,737 | 2,769 | 4,535 |
Op' Cash Flow
|
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| (819) | (793) | (1,334) | (1,941) | (2,091) | (2,571) | (2,374) | (1,767) | (2,463) | (5,207) |
Capex
|
|||
| 789 | 807 | 334 | 476 | 582 | 375 | 1,238 | 1,970 | 306 | (672) |
FCF
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| 1,106 | 1,234 | 1,402 | 1,595 | 1,760 | 2,708 | 2,312 | 1,165 | 1,246 | 2,082 |
Working Cap'
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| 2,781 | 1,975 | 5,060 | 5,938 | 5,725 | 6,271 | 4,811 | 4,261 | 4,837 | 7,038 |
Total Debt
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| 1,493 | 242 | 3,140 | 3,789 | 3,735 | 3,418 | 2,700 | 1,930 | 2,218 | 3,843 |
Net Debt
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| 5,150 | 6,792 | 7,155 | 7,115 | 8,253 | 9,667 | 10,194 | 10,279 | 10,438 | 11,751 |
Sh' Equity
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| 5.94% | 7.09% | 5.76% | 3.16% | 4.87% | 9.63% | 8.46% | 5.17% | 4.45% | 5.01% |
ROA
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| 7.52% | 7.59% | 5.36% | 4.46% | 6.57% | 10.90% | 12.81% | 6.96% | 6.07% | 6.57% |
ROIC
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| 12.90% | 13.84% | 12.28% | 7.99% | 12.50% | 24.20% | 20.15% | 11.31% | 9.53% | 11.50% |
ROE
|
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ASE Technology Holding Co., Ltd. peers in Semiconductors
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MPWR Monolithic Power Systems, Inc. | $66.6B | 83.3× | Compare |
| ALAB Astera Labs, Inc. | $63.7B | 168× | Compare |
| UMC United Microelectronics Corporation | $61.4B | 22.7× | Compare |
| NXPI NXP Semiconductors N.V. | $58.5B | 20.2× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ADI Analog Devices, Inc. | $186.8B | 46.5× | Compare |
| STM STMicroelectronics N.V. | $46.6B | 98.0× | Compare |
| QCOM QUALCOMM Incorporated | $205.7B | 23.1× | Compare |
| MCHP Microchip Technology Incorporated | $41.0B | 117× | Compare |
ASE Technology Holding Co., Ltd. (ASX) key facts
- ASE Technology Holding Co., Ltd. (ASX) is a Semiconductors company in the Technology sector, listed on the New York Stock Exchange.
- ASE Technology Holding Co., Ltd.’s revenue for fiscal 2025 (year ended December 2025) was TWD 20.6 billion, up 13.3% from fiscal 2024.
- As of September 25, 2026, ASX traded at $44.31, a market capitalization of $96.9 billion.
- ASE Technology Holding Co., Ltd. pays an annual dividend of $0.57 per share, a yield of 3.67%, with a payout ratio of 85.8%.
- Return on equity was 11.5% and debt-to-equity 0.56.
ASE Technology Holding Co., Ltd. (ASX) Latest News
24 Sep
ASE Technology Holding Co., Ltd. (ASX) passes Zacks' Recent Price Strength screen, signaling sustained upside. The stock rose 2.2% over 12 weeks and 17.9% over the last four weeks, and trades at about 95.4% of its 52-week high-low range, suggesting breakout potential. Fundamentals look favorable: Zacks ranks ASX #1 (Strong Buy) and its Average Broker Recommendation sits at #1, reflecting optimistic near-term price performance driven by earnings estimate revisions and EPS surprises. The article notes a large-set of stocks passing the screen and positions ASX among trend plays, with tools like Zacks Research Wizard touted for backtesting. The implied message is that the rally could continue in the absence of contrary signals. Near-term momentum indicators and top-ranked fundamentals suggest potential upside but may be offset by broader market conditions.
22 Sep
ASE Technology Holding is raising its 2026 capital expenditure to about $10.5 billion, adding $2 billion to fund capacity expansion for AI-related packaging and testing. About $4 billion goes to factories and facilities and $6.5 billion to equipment, driven mainly by higher demand for its LEAP service and broader need for advanced packaging capacity. The company is nearing its limits in current capacity, with Q2 2026 blended utilization at 80%–85% and most capacity close to full as equipment goes into service. It has 13 greenfield and eight brownfield projects expected to add capacity through 2028 and into 2029. LEAP revenue is expected to exceed the prior $3.5 billion target in 2026 and double in 2027, though near-term cash flow may stay negative due to CapEx. Massive CapEx to expand AI packaging capacity and LEAP revenues could materially boost growth, but near-term cash burn and execution risk limit near-term gains.
10 Sep
ASE Technology Holding Co., Ltd. (ASX) shows strong LEAP momentum that may support long-term growth. LEAP momentum suggests moderate influence on ASE Technology long-term growth without guaranteed fundamental shifts.
31 Aug
Amkor is broadening its global manufacturing footprint to improve service and strengthen relationships with key semiconductor customers worldwide. Competitor Amkor's footprint growth could modestly pressure ASE's positioning in advanced packaging.
24 Aug
ASE Technology Holding Co., Ltd. (ASX) shows strong ATM momentum that may continue supporting margin growth. ATM momentum could influence ASX margins and financial performance.
19 Aug
Amkor Technology explores advanced packaging strategies to gain advantage over competitors including ASE Technology Holding in the semiconductor assembly market. Amkor's potential packaging edge could moderately pressure ASE's competitive position and market share.
14 Aug
Strong LEAP demand may position ASE Technology to challenge Amkor and Intel in advanced packaging and semiconductor services. Potential LEAP demand growth could improve ASE's competitive positioning versus Amkor and Intel but remains balanced by broader market factors.
31 Jul
ASE Technology Holding Co., Ltd. (ASX) Q2 earnings surpassed estimates fueled by AI-driven LEAP and ATM growth. AI-driven LEAP and ATM growth after earnings beat signals major trajectory shift for semiconductor operations and investor outlook.
ASE Technology Holding Co., Ltd. (ASX) emphasized AI capacity expansion during its Q2 earnings call. AI capacity push signals major strategic move likely to alter ASX trajectory and investor sentiment.
30 Jul
ASE Technology Holding raises 2026 capex by $2 billion on strong demand. Major capex increase signals expanded capacity and growth trajectory shift.
ASE Technology reported Q2 results with updates on revenue, margins, segment performance, and forward guidance for its semiconductor assembly and testing operations. Q2 earnings data and guidance directly inform near-term financial expectations and investor positioning for the company.
ASE Technology Holding Co., Ltd. reported its unaudited consolidated financial results for the second quarter of 2026. Quarterly financial results deliver metrics that can shift short-term stock movements and investor views.
28 Jul
ASE Technology Holding Co. is set to report Q2 earnings with market focus on resulting stock movement. Quarterly earnings release may affect near-term financial perceptions and trading activity.
16 Jul
ASE Technology Holding Co., Ltd. (ASX) chip stock has nearly quadrupled in value. Nearly quadrupled stock value points to substantial past growth with moderate future performance effects.
9 Jul
AI packaging demand holds potential to boost ASE Technology's long-term growth. AI packaging demand represents a major growth driver for ASE's semiconductor assembly operations.
2 Jul
AMKR's 2.5D packaging pipeline raises questions on its ability to fuel long-term growth in advanced semiconductor packaging, with potential effects on competitors including ASE Technology. AMKR 2.5D packaging advances may moderately shift competitive dynamics for ASE in semiconductor services.
1 Jul
ASE Technology Holding Co., Ltd. (ASX) unveils industry-first automated panel-level packaging production line planned for 2027. Industry-first automated production line strengthens ASE manufacturing edge and long-term positioning.
26 Jun
ASE Technology Holding explores opportunities to supply semiconductor packaging and testing services amid rising demand from AI data center buildouts and infrastructure projects. AI-driven chip demand directly expands ASE's advanced packaging volumes and revenue potential.
ASE Technology Holding Co., Ltd. (ASX) maintains positive stock momentum expected to persist due to ongoing favorable market conditions and company performance factors. Continued positive momentum for ASX stock may moderately boost short-term market sentiment and investor interest without altering core operations.
24 Jun
ASE Technology Holding is adding 15 new sites to expand chip capacity and meet rising AI demand. Capacity expansion across 15 sites directly supports AI-driven revenue growth and strengthens competitive positioning.
ASE Technology Holding Co., Ltd. is expanding production capacity to meet rising AI demand. Capacity expansion for AI directly boosts ASE revenue potential in high-growth semiconductor packaging segment.
19 Jun
ASE Technology faces uncertainty over sustaining recent margin expansion due to potential industry headwinds and operational challenges that may limit profitability gains. Questions on margin sustainability point to possible effects on ASE Technology financial results without indicating major strategic shifts.
12 Jun
ASE Technology Holding Co., Ltd. (ASX) projects LEAP revenues exceeding $3.5 billion in 2026, signaling potential for additional growth. Projected LEAP revenues above $3.5B in 2026 point to major revenue growth and trajectory shift for ASE Technology Holding.
3 Jun
ASE Technology is positioned as an emerging AI beneficiary through its advanced semiconductor packaging and testing capabilities that support high-performance computing and AI chip demand. ASE's advanced packaging role in AI chips can drive major revenue growth and reposition the company in the semiconductor supply chain.
29 May
ASE Technology Holding capitalizes on surging AI demand and advanced packaging trends, boosting its market position and raising questions on buy potential amid sector growth. AI and advanced packaging boom drives major growth trajectory shifts and investor sentiment for ASE Technology.
27 May
ASE Technology Holding Co., Ltd. (ASX) reports robust growth that fuels market buzz around its AI semiconductor operations and outlook. Robust AI-driven growth signals major upside for ASE's trajectory and investor sentiment.
26 May
ASE Technology Holding Co., Ltd. launches automated 310mm panel-level packaging to accelerate AI innovation. Advanced packaging launch targets core AI semiconductor demand and can materially lift ASE revenue and positioning.
23 May
ASE Technology Holding Co. (ASX) announces strategic collaboration with WUS Printed Circuit Co. Strategic collaboration may moderately enhance ASE supply chain and circuit board capabilities.
7 May
ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated financial results for Q1 2026. Quarterly financial results disclosure significantly impacts stock performance and investor sentiment.
ASE Technology Holding (ASX) stock surges with momentum, driven by factors ensuring the upward trend's sustainability. Sustainable upward trend indicates major positive shifts in market dynamics and investor sentiment for ASX.