ASE Technology Holding Co., Ltd.

α : -6.33

Ticker: 3711.TW

Fundamental α

i
Weighted: -2.6
Layer / Ratio / Statistic TTM PY1 PY2
Overall Composite Score -2.5 -2.0 -3.8
Income Statement Composite -5.1 -5.1 -5.0
↳ 3-Year Revenue CAGR
↳ Capped Z-Score -0.26
↳ Sector Median Analytics
↳ Gross Margin
↳ Capped Z-Score -1.54 -1.45 -1.41
↳ Sector Median Analytics
↳ Operating Margin
↳ Capped Z-Score -0.52 -0.53 -0.51
↳ Sector Median Analytics
↳ Net Profit Margin
↳ Capped Z-Score -0.50 -0.56 -0.54
↳ Sector Median Analytics
Cash Flow Composite -3.0 -2.8 -2.1
↳ 3-Year OCF CAGR
↳ Capped Z-Score 0.10
↳ Sector Median Analytics
↳ Operating Cash Flow Margin
↳ Capped Z-Score 0.06 -0.08 -0.34
↳ Sector Median Analytics
↳ Free Cash Flow Margin
↳ Capped Z-Score -1.63 -1.29 -0.31
↳ Sector Median Analytics
Balance Sheet Composite 5.6 5.9 3.3
↳ Return on Assets
↳ Capped Z-Score -0.50 -0.42 -0.41
↳ Sector Median Analytics
↳ Capital Intensity Ratio
↳ Capped Z-Score -3.50 -3.50 -1.35
↳ Sector Median Analytics
↳ Asset Turnover
↳ Capped Z-Score 0.03 0.53 0.88
↳ Sector Median Analytics
↳ Equity Multiplier
↳ Capped Z-Score 1.95 1.45 0.76
↳ Sector Median Analytics
↳ Return on Equity
↳ Capped Z-Score -0.16 -0.08 -0.30
↳ Sector Median Analytics
↳ Return on Invested Capital (ROIC)
↳ Capped Z-Score -0.62 -0.50 -0.42
↳ Sector Median Analytics

Market α

i
Weighted: -4.2
Certain Market alpha components limited due to negative cash flows.
Metric/Statistic Ticker Value
Market Valuation Composite -6.0
↳ Trailing P/E
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↳ Sector Median
↳ Forward P/E
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↳ Sector Median
↳ PEG Ratio
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↳ Sector Median
↳ EV/EBITDA
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↳ Sector Median
↳ EV/Revenue
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↳ Sector Median
↳ Potential Upside/(Downside) - Street Estimate
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↳ Sector Median
Relative (Discount)/ Premium - Operations
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↳ Actual Enterprise Value/Invested Capital:
↳ Predicted EV/Invested Capital:
↳ Fundamental Surplus:
Implied FCFF Growth Rate CURRENT
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↳ Weighted Historic FCFF Growth:
↳ Sector Median FCFF Growth:
↳ FCFF Growth Surplus:
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↳ FCFF Growth Surplus z-score:
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Implied FCFE Growth Rate CURRENT
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↳ Weighted Historic FCFE Growth:
↳ Sector Median FCFE Growth:
↳ FCFE Growth Surplus:
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↳ FCFE Growth Surplus z-score:
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WACC
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↳ Cost/Weight of Equity:
↳ Cost/Weight of Debt:

Company Profile & Operations

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ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development, construction, sale, and management of real estate properties; management of parking lot; leasing of properties for shopping center; and management of commercial complex services and department store trading activities, as well as offers social, marketing and sales, information software, leasing and investing, and after-sales and sales support services. Further, it engages in the substrates production; investment advisory and warehousing management; design and manufacturing of electronic components and new electronic applications; technical advisory; management, training, and consulting of organization and human resources; projection of plastic; manufacture and sale of antennas, RF amplifiers and wave straps, PCBs, and tuners; and research and development activities. ASE Technology Holding Co., Ltd. was founded in 1984 and is based in Kaohsiung, Taiwan.