ASE Technology Holding Future Growth
Future criteria checks 4/6
ASE Technology Holding is forecast to grow earnings and revenue by 32.9% and 11.2% per annum respectively. EPS is expected to grow by 33% per annum. Return on equity is forecast to be 17.1% in 3 years.
Key information
32.9%
Earnings growth rate
33.0%
EPS growth rate
| Semiconductor earnings growth | 26.9% |
| Revenue growth rate | 11.2% |
| Future return on equity | 17.1% |
| Analyst coverage | Good |
| Last updated | 01 Jan 2025 |
Recent future growth updates
No updates
Recent updates
ASE: Still The Global OSAT Powerhouse (Rating Downgrade)
Sep 17ASE Technology Holding: Headwinds Have Gained Strength
Jul 31ASE Technology Q1: Hold With Caution In Mind
Apr 29ASE Technology Holding: May Be Due For A Bigger Correction
Feb 04ASE Technology Holding: Might Be Getting Ready For A Breakout
Nov 06ASE Technology And Its Real Value
Aug 26ASE Technology: Reasons On Why Its Cheap
Jul 22ASE Technology GAAP EPADS of $0.228 beats by $0.02, revenue of NT$177.42B
Feb 09ASE Technology: Shares Remain Underpriced Despite An Expected YoY Earnings Drop
Feb 02Top International Stocks Under $10 For 2023
Jan 19ASE Technology December revenue down 19.2% Y/Y; FY revenues higher by 10.7%
Jan 10ASE Technology November revenue down 13.3% Y/Y
Dec 09ASE Technology October revenue up 6.9% Y/Y
Nov 09ASE Technology Q3 2022 Earnings Preview
Oct 26ASE Technology September revenues grew 12.2% Y/Y to $2,176 million
Oct 11ASE Technology: A Cheap Chip Stock With Interim Data Early This Week
Sep 12ASE Technology July revenues grew 17.0% Y/Y to $1,954 million
Aug 09ASE Technology GAAP EPS of NT$3.61, revenue of NT$160.4B
Jul 28ASE Technology June revenues grew 25.6% Y/Y to $1,966 million
Jul 08ASE Technology: A Diversified Semiconductor Packaging Play
Jun 29ASE Technology Holding: OSAT Revenue Growth Outweighs Declining Margins
Apr 14ASE Technology Holding: Up Is Likely Next
Mar 13ASE Technology: Double Down On The Dividend On Any Pullback
Dec 27ASE Technology: Smashed By Politics, But Still Holding A Huge Potential
Oct 08Why ASE Technology Stock Will Break Out
Jun 30ASE Technology May revenues rise 26.2% Y/Y to $1.51 billion
Jun 10ASE Technology April revenues rise 24% Y/Y to $1.45B
May 10ASE Technology EPS beats by $0.02, misses on revenue
Apr 28ASE Technology EPS beats by $0.06
Feb 04ASE Technology Q4 revenues up 36%
Jan 08ASE Technology reports robust November revenues
Dec 09ASE Technology: Value Investing In The Future
Nov 09ASE Technology EPS beats by $0.03
Oct 30Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 755,994 | 66,101 | 55,937 | 133,324 | 11 |
| 12/31/2025 | 663,180 | 46,274 | 32,956 | 101,950 | 17 |
| 12/31/2024 | 592,043 | 32,052 | 16,189 | 94,062 | 17 |
| 9/30/2024 | 593,727 | 32,496 | 42,044 | 102,370 | N/A |
| 6/30/2024 | 587,789 | 31,606 | 46,541 | 101,188 | N/A |
| 3/31/2024 | 583,826 | 31,590 | 48,472 | 100,358 | N/A |
| 12/31/2023 | 581,914 | 31,725 | 59,878 | 114,422 | N/A |
| 9/30/2023 | 598,751 | 38,064 | 54,913 | 117,770 | N/A |
| 6/30/2023 | 633,209 | 46,753 | 49,649 | 115,508 | N/A |
| 3/31/2023 | 657,373 | 55,000 | 43,464 | 114,579 | N/A |
| 12/31/2022 | 670,873 | 62,090 | 37,983 | 111,001 | N/A |
| 9/30/2022 | 666,392 | 73,518 | 24,248 | 93,743 | N/A |
| 6/30/2022 | 628,431 | 70,230 | 17,334 | 89,958 | N/A |
| 3/31/2022 | 594,918 | 64,580 | 18,554 | 93,163 | N/A |
| 12/31/2021 | 569,997 | 60,150 | 9,760 | 81,734 | N/A |
| 9/30/2021 | 545,938 | 43,036 | 5,338 | 76,937 | N/A |
| 6/30/2021 | 518,469 | 35,572 | 9,168 | 75,590 | N/A |
| 3/31/2021 | 499,091 | 32,171 | 13,533 | 77,364 | N/A |
| 12/31/2020 | 476,979 | 26,971 | 12,009 | 75,061 | N/A |
| 9/30/2020 | 444,124 | 23,932 | 14,518 | 78,523 | N/A |
| 6/30/2020 | 438,486 | 22,953 | 10,474 | 78,116 | N/A |
| 3/31/2020 | 421,678 | 18,705 | 7,080 | 69,734 | N/A |
| 12/31/2019 | 413,182 | 16,850 | 14,089 | 72,303 | N/A |
| 9/30/2019 | 411,188 | 15,913 | 8,530 | 59,570 | N/A |
| 6/30/2019 | 401,228 | 16,436 | 18,424 | 63,764 | N/A |
| 3/31/2019 | 394,988 | 25,209 | 13,126 | 58,360 | N/A |
| 12/31/2018 | 371,092 | 25,262 | 9,110 | 51,075 | N/A |
| 9/30/2018 | 341,050 | 26,061 | 9,755 | 46,386 | N/A |
| 6/30/2018 | 307,331 | 26,141 | N/A | 38,624 | N/A |
| 3/31/2018 | 288,856 | 22,525 | N/A | 40,074 | N/A |
| 12/31/2017 | 290,441 | 22,988 | N/A | 47,431 | N/A |
| 9/30/2017 | 283,584 | 23,727 | N/A | 48,665 | N/A |
| 6/30/2017 | 282,489 | 23,547 | N/A | 52,055 | N/A |
| 3/31/2017 | 279,064 | 20,001 | N/A | 54,184 | N/A |
| 12/31/2016 | 274,884 | 21,324 | N/A | 52,108 | N/A |
| 9/30/2016 | 273,304 | 18,566 | N/A | 59,957 | N/A |
| 6/30/2016 | 273,390 | 19,796 | N/A | 57,792 | N/A |
| 3/31/2016 | 281,011 | 19,145 | N/A | 55,535 | N/A |
| 12/31/2015 | 283,303 | 19,732 | N/A | 57,548 | N/A |
| 9/30/2015 | 284,399 | 23,370 | N/A | 47,182 | N/A |
| 6/30/2015 | 278,161 | 23,201 | N/A | 46,356 | N/A |
| 3/31/2015 | 266,554 | 24,656 | N/A | 48,723 | N/A |
| 12/31/2014 | 256,591 | 22,229 | N/A | 45,863 | N/A |
| 9/30/2014 | 244,111 | 20,980 | N/A | 45,500 | N/A |
| 6/30/2014 | 234,228 | 18,194 | N/A | 44,309 | N/A |
| 3/31/2014 | 226,372 | 16,908 | N/A | 44,116 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASX's forecast earnings growth (32.9% per year) is above the savings rate (2.6%).
Earnings vs Market: ASX's earnings (32.9% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: ASX's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASX's revenue (11.2% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: ASX's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASX's Return on Equity is forecast to be low in 3 years time (17.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 10:01 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ASE Technology Holding Co., Ltd. is covered by 41 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lu | Barclays |
| Szeho Ng | BNP Paribas Securities (Asia) |
| Brad Lin | BofA Global Research |