ASE Technology Holding Co., Ltd.

NYSE:ASX 주식 리포트

시가총액: US$75.2b

ASE Technology Holding 향후 성장

Future 기준 점검 5/6

ASE Technology Holding (는) 각각 연간 33.2% 및 17.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 33.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 24.9% 로 예상됩니다.

핵심 정보

33.2%

이익 성장률

33.89%

EPS 성장률

Semiconductor 이익 성장26.3%
매출 성장률17.8%
향후 자기자본이익률24.91%
애널리스트 커버리지

Good

마지막 업데이트06 May 2026

최근 향후 성장 업데이트

업데이트 없음

Recent updates

Seeking Alpha • Mar 31

ASE Technology: The Next Era Of Advanced Packaging Is Here

Summary ASE Technology remains well-positioned to benefit from persistent advanced packaging bottlenecks, especially as TSMC’s capacity expansion still lags demand. ASX’s diversified customer base and rapid expansion of LEAP services (expected to double to $3.2bn) support a positive long-term outlook. Key risks include macro volatility, capex planning challenges, and heavy reliance on TSMC’s strategic decisions amid ongoing supply chain constraints. Read the full article on Seeking Alpha
Seeking Alpha • Sep 17

ASE: Still The Global OSAT Powerhouse (Rating Downgrade)

Summary ASE Technology's revenue declined by 12% in 2023, mainly due to a downturn in the communications end market and key smartphone AP players' contraction. Despite the decline, ASE remains the OSAT market leader, with advanced packaging capabilities driving potential growth as the semiconductor market is projected to rebound in 2024. Taiwanese OSATs underperformed compared to Chinese counterparts, but ASE's partnership with TSMC and exposure to the US market provide a competitive edge. We expect ASE's revenue growth to exceed the OSAT market CAGR, but we rate the company as a Hold as its stock price has reached our price target. Read the full article on Seeking Alpha
Seeking Alpha • Jul 31

ASE Technology Holding: Headwinds Have Gained Strength

Summary ASE Technology stock moved higher for many months and a new 52-weeks high was set in mid-July, but the stock has collapsed in the last few weeks. Several factors combined to take down ASX and other semis, including geopolitical tensions, but demand that is weaker than anticipated also played a role. A look at the charts suggests a bounce in the stock may soon be due, with potential support getting closer. The headwinds giving ASX problems are likely to remain for some time, which means that continued caution is warranted. Read the full article on Seeking Alpha
Seeking Alpha • Apr 29

ASE Technology Q1: Hold With Caution In Mind

Summary The latest quarterly report from ASX gave reason for optimism, but also for caution since demand is not recovering as expected. ASX is sticking with its prior FY2024 outlook, but it also gave rise to the possibility a downward revision may be needed. There are a number of possible clues to be gained by looking at the charts with an existing uptrend, but also the possibility of downside in the short term. Sticking with ASX is warranted for several reasons, but being a buyer is arguably not wise at this point. Read the full article on Seeking Alpha
Seeking Alpha • Feb 04

ASE Technology Holding: May Be Due For A Bigger Correction

Summary ASX released its latest report on February 1, which had some positive things to say, but also some less than positive things worth mentioning. FY2023 was a down year for ASX with both the top and the bottom line shrinking, but the FY204 outlook sees change coming this year. The charts have a number of interesting things worth noting, which could provide clues as to how to position oneself in the near term. Long ASX makes sense if viewed from a long-term perspective, but in the short term, it is a more dicey proposition. Read the full article on Seeking Alpha
Seeking Alpha • Nov 06

ASE Technology Holding: Might Be Getting Ready For A Breakout

Summary ASX has gotten caught in sideways action for months, but there is reason to believe change is coming. ASX has a number of things in its favor, but none more so than an expected return to YoY growth and an end to the recent downturn. While there are many who are expecting an imminent end to the downturn, it is possible semiconductor demand could surprise by staying weaker than expected. ASX is a stock worth holding on to for several reasons, but it may be premature to be putting new money to work. Read the full article on Seeking Alpha
Seeking Alpha • Aug 26

ASE Technology And Its Real Value

Summary ASE Technology has seen growth due to increased consumer electronic purchases during the pandemic. Chip shortage for automakers has led to an abundance of orders for ASE to fulfill. Anticipation of growth in the artificial intelligence industry could provide potential sales for ASE and other OSAT companies. This article focuses on the fundamentals, the real value versus the current share price, and if ASE Technology is currently worth investing in. Read the full article on Seeking Alpha
Seeking Alpha • Jul 22

ASE Technology: Reasons On Why Its Cheap

Summary ASE Technology, a Taiwan-based semiconductor business, is currently undervalued despite doubling its business in the last six years and maintaining a profitable operation with low debt. The global chip industry is facing challenges due to a slowdown in electronic devices, with many semiconductor companies expecting a recovery only by 2024; ASE Technology has seen a decline in net revenues in the last three months. With a supply glut and a demand slowdown already having such an effect on ASE, it is uncertain how much more this could be amplified by a recession in 2024. The company's undervaluation could also be due to geopolitical risks, particularly China's interest in Taiwan, and the potential impact of a conflict on the semiconductor industry. Read the full article on Seeking Alpha
Seeking Alpha • Feb 09

ASE Technology GAAP EPADS of $0.228 beats by $0.02, revenue of NT$177.42B

ASE Technology press release (NYSE:ASX): Q4 GAAP EPADS of $0.228 beats by $0.02. Revenue of NT$177.42B (+2.6% Y/Y). Gross margin decreased by 0.9 percentage points to 19.2% in 4Q22 from 20.1% in 3Q22. Operating margin was 11.1% in 4Q22, compared to 12.6% in 3Q22. Current ratio was 1.35 and net debt to equity ratio was 0.43 as of December 31, 2022. Capital expenditures in 4Q22 totaled $339M.
Seeking Alpha • Feb 02

ASE Technology: Shares Remain Underpriced Despite An Expected YoY Earnings Drop

Summary Growth stocks surged to start 2023, outperforming value. Chip stocks are dealing with fears of a supply glut, but the space is rallying, climbing the wall of worry. I see upside potential with ASE Technology given a low valuation and eventual return to growth while its chart is in an uptrend. Strong free cash flow should support ASX's high yield. Growth stocks outpaced value to kick off 2023. BofA reported that it was a 3% relative win for long-duration names compared with the cheap side of the market. Semiconductor equities performed particularly well despite fears of a chip glut. What's more, non-US stocks continue to pace well compared to domestic equities. One semiconductor packaging name has been on the rise, but is it too late to join the party? Let's take a look at ASE Technology. Growth > Value In January BofA Global Research According to Bank of America Global Research, ASE Technology Holding (ASX) is the no.1 outsourced assembly and testing (OSAT) firm globally, in terms of market share by revenue. ASE acquired Siliconware Precision (SPIL) in 2018 and acquired USI in 2010, which became its EMS business segment providing synergies in system-level packaging. 2 shares = 1 ADR. The Taiwan-based $14.3 billion market cap Semiconductors & Semiconductor Equipment industry company within the Information Technology sector trades at a low 6.2 trailing 12-month GAAP price-to-earnings ratio and pays a high 7.5% dividend yield, according to The Wall Street Journal. The company reported a y/y revenue drop for December in its monthly interim report issued on January 10, but revenues for the year were higher by 10.7% - more y/y losses could be in store, though. On valuation, analysts at BofA see earnings continuing to decline this year after a forecasted fall of 7.5% in 2022. Per-share profits should be back on the rise come 2024, though. Dividends are often volatile and move commensurate with earnings with non-US firms, and that is the case here, but the yield should remain above 6%, per BofA. What's encouraging to me is that ASX's free cash flow yield is very strong in 2023 even with the earnings drop - the FCF multiple is under 10. Both the company's operating and GAAP P/Es are exceptionally low while its EV/EBITDA ratio is also attractive compared to the market average. ASE Tech: Earnings, Valuation, Dividend Forecasts BofA Global Research Looking ahead, corporate event data provided by Wall Street Horizon show a confirmed Q4 2022 earnings date of Thursday, February 9, with a conference call immediately after results hit the tape in the overnight NY time Wednesday into Thursday. You can listen live here. The following session, ASE reports January interim sales data, so expect volatility to spike as we get closer to that timeframe. Corporate Event Risk Calendar Wall Street Horizon The Options Angle Digging into the upcoming earnings report, data from Option Research & Technology Services (ORATS) show a consensus EPS forecast of $0.21 which would be a 58% decrease from $0.50 of per-share profits earned in the same quarter a year ago. What's bullish though is that the company has topped analysts' earnings forecasts in each of the last nine quarters while the stock price has traded higher post-reporting in the last five quarters. Options traders, meanwhile, have priced in a small 3.6% earnings-related stock price move calculated by comparing the cost of the at-the-money straddle expiring soonest after the earnings date divided by the share price. That is a small figure compared to history, even with the past two reactions being muted. I am inclined to be long premium at that price. Inexpensive Options Ahead of Earnings Next Week ORATS The Technical Take With a still favorable valuation and bullish clues in the options world, how's the chart look? I see more optimism here. Back in Q3, I was sanguine on the stock, and shares are indeed higher. But it was not a perfect call as the stock blew right past resistance I noted around $6.50 and dipped below my support level. A near-term peak was put in at $6.88, and a pullback met buyers right at the 200-day moving average. That proved to be a bull flag, and ASX's stock is now near 1-year highs in the mid-$7s. I see upside resistance in the low $8s while the mid-2021 high of $9.62 could be a further area of potential profit-taking.
Seeking Alpha • Jan 19

Top International Stocks Under $10 For 2023

Summary For the last decade, small caps have outperformed large caps. With Fed hikes and inflation top of mind, consider diversifying your portfolio with international small-cap stocks. Our picks under $10 are Strong Buys with a quant score rank close to #1 in their industry. They offer above-average growth, strong balance sheets, excellent profitability, and solid fundamentals. Although small-cap stocks can be more volatile than large-cap, as emerging companies, they can often have high return potential. Trending into the New Year, small-cap ETF (IWM) is up 6.8%, outperforming large-cap ETF (IWB), up 3.87%. Investors should consider bargain-hunting for stocks as global economies face a challenging macroeconomic environment. These picks offer value, growth, profitability, and positive analysts' earnings revisions. These traits are the essential qualities driving stock prices and future upside demand.
Seeking Alpha • Jan 10

ASE Technology December revenue down 19.2% Y/Y; FY revenues higher by 10.7%

ASE Technology (NYSE:ASX) has reported December net revenue of ~$1.74B, down 8.0% sequentially and down 19.2% Y/Y. On a pro forma basis, revenue was down 16.0% Y/Y and down 8.0% over the prior month. Net revenue for ATM assembly, testing and material business was ~$930M, down 9.4% sequentially and -16.9% Y/Y. On a pro forma basis, revenue for ATM assembly, testing and material business was down 9.4% sequentially and down 10.2% Y/Y. For Q4, the company reports preliminary net revenues of $5,655M which is down 9.7% Q/Q and 9.2% down Y/Y; for FY revenues are seen higher by 10.7%. Analysts consensus estimates for Q4 stands at $6.00B. Q4 Net revenues for ATM assembly, testing and material business declined 9.2% Y/Y in revenues, and growth of 4.8% in FY revenues.
Seeking Alpha • Dec 09

ASE Technology November revenue down 13.3% Y/Y

ASE Technology (NYSE:ASX) has reported November net revenue of ~$1.89B, down 6.8% sequentially and down 13.3% Y/Y. On a pro forma basis, revenue was down 9.9% Y/Y and down 6.8% over the prior month. Net revenue for ATM assembly, testing and material business was ~$1.03B, down 2.1% sequentially and -6.4% Y/Y. On a pro forma basis, revenue for ATM assembly, testing and material business was down 2.1% sequentially but grew 1.1% Y/Y.
Seeking Alpha • Nov 09

ASE Technology October revenue up 6.9% Y/Y

ASE Technology (NYSE:ASX) has reported October net revenue of ~$2.03B, down 6.9% sequentially but up 6.9% Y/Y. On a pro forma basis, revenue was up 11.7% Y/Y and down 6.9% over the prior month. Net revenue for ATM assembly, testing and material business was ~$1.05B, down 1.2% sequentially and -4.2% Y/Y. On a pro forma basis, revenue for ATM assembly, testing and material business fell 1.2% sequentially but grew 3.4% Y/Y. ASX shares were up around 1% premarket
Seeking Alpha • Oct 26

ASE Technology Q3 2022 Earnings Preview

ASE Technology (NYSE:ASX) is scheduled to announce Q3 earnings results on Thursday, October 27th, before market open. The consensus EPS Estimate is $0.24 (+4.3% Y/Y) and the consensus Revenue Estimate is $5.59B (-96.3% Y/Y). Over the last 3 months, EPS estimates have seen 2 upward revisions and 0 downward. Revenue estimates have seen 12 upward revisions and 1 downward.
Seeking Alpha • Oct 11

ASE Technology September revenues grew 12.2% Y/Y to $2,176 million

ASE Technology Holding (NYSE:ASX) reports September net revenues of $2.18B, up 12.2% Y/Y and 2.0% over the prior month; on proforma basis revenues was up 16.9% Y/Y and 2.0% over the prior month. Q3 net revenues of $6.26B, up 15.5% Y/Y and 14.3% over the prior month; on proforma basis revenues was up 21.0% Y/Y and 14.3% over the prior month. Net revenues for ATM assembly, testing, and material business are $1.06B, -3.1 Y/Y, and declined 3.5% M/M; on proforma basis revenues was up 4.4% Y/Y and declined 3.5% M/M over the prior month. Q3 net revenues for ATM assembly, testing, and material business are $98.83B, +9.7 Y/Y, and +4.0% M/M; on proforma basis revenues was up 9.5% Y/Y and +1.2% M/M over the prior month. Shares are up 2.29% after-hours.
Seeking Alpha • Sep 12

ASE Technology: A Cheap Chip Stock With Interim Data Early This Week

Summary Global semiconductor companies bottomed in early July, but then gave back a chunk of those gains in the last few weeks. A major playing the assemble and testing chip market has key sales data Monday after the stock rebounded late last week. With a compelling valuation, big dividend yield, and a mixed chart, bullish factors outweigh the risks. Global semiconductor stocks sharply outperformed the broad international equity market from early July through early August. The recent relative pullback, retracing about half the summer run-up, could be an opportunity to get back in on this cyclical niche of the market. One ADR, based in Taiwan, has endured tough supply chain challenges but features upside through its prime chip assembly and testing business. Global Semi ETF Dips vs. The Total Stock Market since Early August Stockcharts.com According to Bank of America Global Research, established in 1984 and headquartered in Taiwan, ASE Technology Holding (ASX) is the no.1 outsourced assembly and testing ((OSAT)) player globally, in terms of market share by revenue. ASE finalized a merger with SPIL in 2018 and acquired USI in 2010, which became its EMS business segment, providing synergies in system-level packaging. ASX provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. The $11.4 billion market cap Semiconductor & Semiconductor Equipment industry company within the Information Technology sector trades at just 4.9 times last year’s earnings and pays a massive 9.9% dividend yield, according to The Wall Street Journal. Seeking Alpha notes that the firm is at high risk of slashing its dividend, however. The diversified packaging semi stock grew July revenues by 17% on a year-on-year basis – we'll get another interim sales report on Monday. In its last full-quarter earnings report, the ASX beat on both the top and bottom lines. On valuation, earnings are seen as dipping this year amid the tough supply chain environment, but profits per share should then grow in 2023 and accelerate in 2024. BofA sees the dividend increasing as free cash flow remains solid in the years ahead. Given a high yield, low P/E, and attractive EV/EBITDA multiple, valuation looks great here. ASX: Earnings, Valuation, Dividend Forecasts BofA Global Research As mentioned earlier, ASE Technology has its monthly revenue report tomorrow. Interim data is critical to pay attention to as it presents the latest information about a firm and even an industry. Wall Street Horizon’s data also show an unconfirmed Q3 earnings date of Thursday, Oct. 27 BMO. The company just recently presented at two sector conferences. Corporate Event Calendar: August Sales Data Comes Out Monday Wall Street Horizon The Technical Take ASX shares bottomed in early July – well after the broad market’s June low. Following a rally from under $5 to above $6, the stock gave back about two-thirds of the July-August rally on its recent dip to $5.39. Three straight positive days with intraday buying (as indicated by the white real body candles) suggests the bulls are making another run here.
Seeking Alpha • Aug 09

ASE Technology July revenues grew 17.0% Y/Y to $1,954 million

ASE Technology Holding (NYSE:ASX) reports July net revenues of $1.95B, up 17.0% Y/Y and declined 0.6% over the prior month; on proforma basis revenues was up 23.2% Y/Y and 31.7% over the prior month. Net revenues for ATM assembly, testing, and material business are $1.12B, +7.0 Y/Y, and 0.8% M/M; on proforma basis revenues was up 16.3% Y/Y and 0.8% M/M over the prior month.
Seeking Alpha • Jul 28

ASE Technology GAAP EPS of NT$3.61, revenue of NT$160.4B

ASE Technology press release (NYSE:ASX): Q2 GAAP EPS of NT$3.61. Revenue of NT$160.4B (+26.4% Y/Y). Net revenues contribution from packaging operations, testing operations, EMS operations and others, each represented approximately 49%, 9%, 41% and 1%, respectively, of the total net revenues of the quarter.
Seeking Alpha • Jul 08

ASE Technology June revenues grew 25.6% Y/Y to $1,966 million

ASE Technology Holding (NYSE:ASX) reports June net revenues of $1.97B, up 25.6% Y/Y and 7.8% over the prior month; on proforma basis revenues was up 32.0% Y/Y and 7.8% over the prior month. Reported Q2 net revenues of $5.48B, up 21.0% Y/Y and 5.8% over the prior month; on proforma basis revenues was up 27.2% Y/Y and 5.8% over the prior month. Net revenues for ATM assembly, testing, and material business are $1.11B, +14.5 Y/Y, and 3.8% M/M; on proforma basis revenues was up 24.2% Y/Y and 3.8% M/M over the prior month. Reported Q2 net revenues for ATM assembly, testing, and material business of $3.25B, up 15.2% Y/Y and 7.7% over the prior month; on proforma basis revenues was up 25.0% Y/Y and 7.7% over the prior month.
Seeking Alpha • Jun 29

ASE Technology: A Diversified Semiconductor Packaging Play

ASX provides packaging services to semiconductors companies. Both its product and geographical diversification strategies deserve to be highlighted in light of the competition and supply chain issues. Revenues are also growing at double-digit figures for the world's number one OSAT play, and profitability metrics are also superior. On the flip side, there is the dividend cut warning by SA, plus potential stock volatility at the end of July when second-quarter financial results are announced. Offsetting the above two factors are diversification, profitability, operating cash flow generation, and valuations, which all make ASX a buy. While we tend to focus our attention on the big foundry plays like Taiwan Semiconductor Manufacturing Company (TSM), there are other smaller chip plays like ASE Technology Holding Co., Ltd. (ASX), with a market cap of $13.6 billion. They tend to go unnoticed, but deserve our attention as supply chain problems come to the fore. The company has become attractive after a drop of more than 30% from its July 2021 high of $9.6 as shown in the chart below. It now trades for around $6. Data by YCharts The aim of this thesis is to assess whether the company constitutes an investment case by considering the fundamentals, together with key data from the first quarter of 2022 financial results published at the end of April. I start with ASX's strategy in a highly competitive semis (semiconductor) market which is now being increasingly geared by geopolitical factors like the trade war between the U.S. and China, amid more calls for regionalization of supply chains. ASX's Strategy for a Competitive Environment The company provides IC or integrated circuit packaging services. This is normally the final step in transforming semis manufactured by the likes of TSMC, for example, into functional smartphone processors for customers like Qualcomm (QCOM), which, as a fabless play, outsources the manufacturing of the chips it designs to foundry operators in East Asia. Now, TSMC is a major foundry operator with a $424.7 billion market cap, which in addition to producing chips has also diversified into packaging technology and testing, and can be viewed as an integrated chip play in the semiconductor supply chain. Thus, with pure-plays as well as foundry operators diversifying into packaging, this is a highly dynamic and competitive marketplace. Here, ASX's strategy has been two-pronged. First, it has evolved from traditional packaging to more of an OSAT (outsourced semiconductor assembly and test) play, as it offers third-party IC packaging and testing services. In other words, it packages silicon devices made in foundries into finished products and also tests the devices prior to shipping them. In this respect, the Taiwanese company competes with U.S.-based Amkor (AMKR) as another contract OSAT supplier, with the companies possessing a combined 43% of the global sales market share as of September last year. However, in contrast to Amcor, ASX has diversified beyond OSAT, and is also a key provider of electronics manufacturing services, or EMS, with its USI (Universal Scientific Industrial) subsidiary. Additionally, it acquired French-based Asteelflash Group in December 2020 for $421.5 million. Consequently, with EMS revenues constituting 42% of overall sales in Q1, it can be said that the company has successfully diversified revenues away from the highly competitive packaging market. Segmental income in Q1-2022 (www.seekingalpha.com) The second part of ASX's strategy is that, in addition to product diversification, the company is also positioning itself to avert geopolitical risks. Thus, the Europe-based Asteelflash (with operations in the U.S.) acquisition was a judicious one in view of a rethink and redefining of the semiconductor supply chain from a globalized one centered around East Asia to a more regionalized one. At the same time, the company has been disposing of its factories in China since 2020, as I will further elaborate in the finances section below. Revenues and Profitability ASX is at the top spot in the list of the ten largest OSAT plays by revenues in the third quarter of 2021. Now, its double-digit rate of growth of 20.86% for the last reported quarter, compared to only 20.41% for Amkor, shows that it is growing much more rapidly. For this purpose, the Taiwan-based company was able to more than offset weakness in certain sectors with strength in others, such as networking, high-performance computing, and automotive. The upbeat revenue growth was also achieved on the back of China lockdowns, which resulted in component and chip shortages. Now, due to high competition and the need to continuously innovate, OSAT implies a high level of capital expenses and R&D costs, signifying that it is also important to assess profitability. In this case, operating profit margins have been trending slightly lower, as shown in the table below during the last two quarters as a result of the rising cost of business, which is in turn due to high inflation throughout the world. Operating expenses also increased by $1.9 billion as a result of the scaling of both the ATM (Assembly Testing and Material) and EMS businesses. Still, when compared to Q1-2021, higher margins were obtained in the last reported quarter due to an improvement in operating efficiency and product mix. Revenues and profitability for Q1 (www.seekingalpha.com) Pursuing further, the company had cash and equivalents of $3.1 billion at the end of the first quarter with a debt of $5.3 billion. Part of the cash generated was due to selling assets in China amounting to $6.8 billion for the fourth quarter of 2021 and $5.6 billion during the same period in 2020. The net debt-to-equity ratio was 52% as reported in Q1. Looking forward, while the company has reduced its Chinese footprint, it still faces potential disruptions for its manufacturing facilities in that country due to the strict nature of the Covid-19 mitigation strategy in place. Thus, lockdowns that started on March 27 and lasted for more than two months could have an impact on sales for the second quarter, which starts in April and ends in June of this year. Therefore, expect some volatility in the stock price at the end of July when second-quarter financial results are disclosed. In this case, as seen with Cisco (CSCO) for its third quarter of 2022 financial results, component-related supply disruption from China caused a revenue shortfall of $300 million, sending the stock lower by about 15% in May. Consequently, as ASX's second quarter generally constitutes a seasonal trough signifying lower shipments, the company could either be impacted by lower production volumes or face higher expenditure incurred as a result of expedited shipping, which could in turn adversely impact profitability. Thus, there are risks of further downside. Valuations and Key Takeaways In this respect, the 30% downside shown in the introductory chart has resulted in attractive valuation metrics. Thus, ASX is undervalued with respect to the median for the IT sector by at least 60% as shown in the table below. The company could climb back to the $7-7.2 level after a 20% upside. Moreover, the company's profitability grade is very good with an EBITDA margin outclassing the sector median by nearly 7%.
Seeking Alpha • Apr 14

ASE Technology Holding: OSAT Revenue Growth Outweighs Declining Margins

In this analysis, we analyzed its OSAT business (58% of its total revenue) and expect its growth to be driven by advanced packaging solutions. Moreover, we highlighted its revenue breakdown by customer end market and determined its communications market segment is supported by its customer relationships with smartphone chipmakers as well as Apple. While its profit margins have increased in 2021, we expect its margins to be weighed down by the higher growth EMS segment that commands lower margins.
Seeking Alpha • Mar 13

ASE Technology Holding: Up Is Likely Next

ASX is in the doldrums with the stock going nowhere, but that cannot continue indefinitely for a couple of reasons. The stock may not show it, but earnings growth is strong and likely to remain so, making ASX a compelling option with multiples where they are. Recent outperformance and chart patterns suggest the stock may be looking to make a move with the odds in favor of up. Betting on ASX is not without risks in a tough environment for stocks, but it’s still worth it all things considered.
Seeking Alpha • Dec 27

ASE Technology: Double Down On The Dividend On Any Pullback

Although the technicals (below) look poised to deliver a sell signal, ASE continues to deliver excellent numbers. Management has just paid out an annual dividend of $0.30 to shareholders. We look at the strength of the dividend and the potential for the pay-out to keep increasing at an elevated rate.
Seeking Alpha • Oct 08

ASE Technology: Smashed By Politics, But Still Holding A Huge Potential

ASE Technology stock has been falling dramatically for the last couple of months. It can only be explained by the existing geopolitical risk in the form of China-Taiwan tensions. However, I believe that open conflict is less likely to become reality due to the abundance of factors. At least in the medium term, I don't expect China to invade Taiwan. If I'm right, this drop presents investors with a unique opportunity to buy shares in a company that controls a huge part of the market. ASX is also experiencing an unprecedented demand for its products and services and is trading at a large discount to its "fair" value. I expect strong September sales - they can result in large volumes and a sharp upward movement of the stock.
Seeking Alpha • Jun 30

Why ASE Technology Stock Will Break Out

ASE posted strong May 2021 revenue growth Y/Y. Stock stuck in a trading range. Fair value of $12 for a 46% upside discussed.

이익 및 매출 성장 예측

NYSE:ASX - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/20281,111,277129,764-17,231234,4469
12/31/2027930,60697,758-70,136202,71416
12/31/2026791,84974,387-103,345160,06715
3/31/2026670,89747,252-14,730158,663N/A
12/31/2025645,38840,658-23,401142,249N/A
9/30/2025629,73635,257-53,154106,689N/A
6/30/2025621,27234,120-20,347114,126N/A
3/31/2025610,76034,376-11,43794,067N/A
12/31/2024595,41032,4829,70990,788N/A
9/30/2024593,72732,56242,044102,370N/A
6/30/2024587,78931,60646,541101,188N/A
3/31/2024583,82631,56948,472100,358N/A
12/31/2023581,91431,72559,878114,422N/A
9/30/2023598,75138,06454,913117,770N/A
6/30/2023633,20946,75349,649115,508N/A
3/31/2023657,37355,00043,464114,579N/A
12/31/2022670,87362,09037,983111,001N/A
9/30/2022666,39273,51824,24893,743N/A
6/30/2022628,43170,23017,33489,958N/A
3/31/2022594,91864,58018,55493,163N/A
12/31/2021569,99760,1509,76081,734N/A
9/30/2021545,93843,0365,33876,937N/A
6/30/2021518,46935,5729,16875,590N/A
3/31/2021499,09132,17113,53377,364N/A
12/31/2020476,97926,97112,00975,061N/A
9/30/2020444,12423,93214,51878,523N/A
6/30/2020438,48622,95310,47478,116N/A
3/31/2020421,67818,7057,08069,734N/A
12/31/2019413,18216,850N/A72,303N/A
9/30/2019411,18815,913N/A59,570N/A
6/30/2019401,22816,436N/A63,764N/A
3/31/2019394,98825,209N/A58,360N/A
12/31/2018371,09225,262N/A51,075N/A
9/30/2018341,05026,061N/A46,386N/A
6/30/2018307,33126,141N/A38,624N/A
3/31/2018288,85622,525N/A40,074N/A
12/31/2017290,44122,988N/A47,431N/A
9/30/2017283,58423,727N/A48,665N/A
6/30/2017282,48923,547N/A52,055N/A
3/31/2017279,06420,001N/A54,184N/A
12/31/2016274,88421,324N/A52,108N/A
9/30/2016273,30418,566N/A59,957N/A
6/30/2016273,39019,796N/A57,792N/A
3/31/2016281,01119,145N/A55,535N/A
12/31/2015283,30319,732N/A57,548N/A
9/30/2015284,39923,370N/A47,182N/A
6/30/2015278,16123,201N/A46,356N/A

애널리스트 향후 성장 전망

수입 대 저축률: ASX 의 연간 예상 수익 증가율(33.2%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: ASX 의 연간 수익(33.2%)이 US 시장(16.4%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 수익: ASX 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.

수익 대 시장: ASX 의 수익(연간 17.8%)이 US 시장(연간 11.4%)보다 빠르게 성장할 것으로 예상됩니다.

고성장 매출: ASX 의 수익(연간 17.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: ASX의 자본 수익률은 3년 후 24.9%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/07 13:09
종가2026/05/07 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.

분석 모델 및 스노우플레이크

이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.

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산업 및 섹터 지표

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분석가 소스

ASE Technology Holding Co., Ltd.는 33명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Stefan ChangAletheia Analyst Network Limited
Andrew LuBarclays
Mark LiBernstein