ASE Technology Holding Co.Ltd - ADR

ASE Technology Holding Co.Ltd - ADR

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Market Cap$83.63B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
ASE Technology Holding Co.Ltd - ADRASE Technology Holding Co.Ltd - ADR54.60.9%14%0.10.7

Earnings Call Q4 2025

February 5, 2026 - AI Summary

Strong Revenue Growth: ASE Technology Holdings reported a 12% increase in consolidated revenue for the year 2025, with revenue from the Advanced Packaging business (ATM) rising 23%. The LEAP (Leading Edge Advanced Packaging) services revenue also saw significant growth, reaching $1.6 billion, up from $0.6 billion in 2024. For 2026, there is a forecast to double LEAP revenue to $3.2 billion, supported by AI proliferation and general market recovery.
Improving Margins: The gross margin improved to 19.5% in Q4 2025 from 17.7% for the full year, driven by higher factory utilization and favorable product mix. Expectations suggest ATM gross margin could trend toward the high end of the structural margin range throughout 2026, indicating efficient operational leverage and ongoing profitability improvements.
Strategic Focus and Investments: ASE is strategically focusing on expanding its footprint outside of Taiwan, particularly in Penang, Korea, and the Philippines, to capture non-Taiwan wafer production. The company will invest aggressively in CapEx, adding an additional $1.5 billion on top of last year’s $3.4 billion to support growth opportunities.

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$12.86

Current Fair Value

66.3% downside

Overvalued by 66.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$83.63 Billion
Enterprise Value$252.74 Billion
Dividend Yield$0.36 (0.90%)
Earnings per Share$18.74
Beta1.48
Outstanding Shares2,186,574,000

Return

Return on Equity13.52%ROE
Return on Assets4.95%
Return on Invested Capital9.24%

Valuation & Multiples

P/E Ratio54.6P/E Ratio
PEG61.2PEG
Price to Sales0.12Price to Sales
Price to Book Ratio0.22Price to Book Ratio
Enterprise Value to Revenue0.37
Enterprise Value to EBIT4.13
Enterprise Value to Net Income5
Total Debt to Enterprise1.02
Debt to Equity0.73Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 29, 2026
EPS Estimate
$0.17
Average shareholder expectation
Revenue Estimate
$5.32 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 30, 2026
EPS Estimate
$0.24
Average shareholder expectation
Revenue Estimate
$5.93 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0552 20.21%
Total Calls2,077,900 284.58%
Total Puts114,700 17.48%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %7.24% 0.14%
Total Invested$3.40B 31.35%
Investors Holding383 57.00%

ESG Score

No data

About ASE Technology Holding Co.Ltd

CEO: C.S. Chang

Relevant Senate Committees

Finance

This powerful committee controls taxation and trade policy. Decisions on corporate tax rates, R&D tax credits, and international trade tariffs directly impact the profitability, investment decisions, and global supply chain costs of a semiconductor manufacturer.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine precise funding for defense programs, scientific research, and infrastructure, which translates into direct contracts and demand for semiconductor products and technologies.

Judiciary

This committee oversees antitrust laws and intellectual property (IP). IP protection (patents, trade secrets) is absolutely critical for semiconductor design and manufacturing, while antitrust enforcement can impact industry consolidation and competitive landscapes.

Armed Services

Semiconductors are essential components in modern defense systems. This committee authorizes the annual NDAA, directly determining funding for military procurement and R&D for emerging military technologies, creating significant demand for advanced chips.

Select Committee on Intelligence

Semiconductors are foundational for national security, defense, and intelligence systems. Members receive classified briefings on global threats and technological advancements, creating high potential for non-public material information impacting the strategic importance and demand for advanced chips.

Commerce, Science, and Transportation

This committee has broad jurisdiction over interstate commerce, technology (science), and telecommunications. It directly impacts 'Big Tech' through privacy and competition laws, and funds R&D, which are all critical for the semiconductor ecosystem and its end-user markets.

Foreign Relations

As a global semiconductor manufacturer, the company is highly susceptible to U.S. foreign policy, sanctions, and trade agreements. Decisions on international relations, export controls, and geopolitical stability (e.g., US-China relations) directly impact semiconductor supply chains, market access, and strategic importance.