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ASE Technology Holding Co., Ltd. (3711.TW)

TWD641.00 -29.00 (-4.33%)
TW TAI Technology Semiconductors
Address 26, Chin 3rd Road 811
Kaohsiung, TW
CEO Hung-Pen Chang
IPO 2000-01-04
ISIN TW0003711008

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Also trades on New York Stock Exchange · ASX (USD) Taiwan Stock Exchange · 3711.TW (TWD)
Description

ASE Technology Holding Co., Ltd., established in 1984 and headquartered in Kaohsiung, Taiwan, operates as a prominent global provider of semiconductor packaging, testing, and electronic manufacturing services. The company serves clients across the United States, Taiwan, the wider Asian region, Europe, and other international markets. Its extensive service portfolio includes a broad array of packaging solutions, from conventional options like various BGA, CSP, QFP, and QFN packages, to advanced techniques such as flip chip BGA, fan-out wafer-level packaging, and 2.5D silicon interposer technology. ASE also specializes in stacked die solutions, copper and silver wire bonding, the development of system-in-package (SiP) products and modules, and the provision of interconnect materials, including the assembly of automotive electronic components. Its comprehensive testing capabilities span front-end engineering, wafer probing, and final testing for diverse devices including logic, mixed-signal, RF modules, SiP, MEMS, and discrete components. Beyond its core semiconductor operations, the company is involved in a variety of other ventures, such as real estate development and management, substrate production, information software, equipment leasing, investment advisory, warehousing management, and the processing and trade of computer, communication peripherals, and electronic components.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD641.00 -29.00 (-4.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
25M
Beta
1.48
Float Shares
3.05B
Free Float %
69.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.26% +4.58% +31.26% +57.02% +136.72% +118.76% +277.93% +432.04% +448.00% +859.22% +761.64%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (5 ratings, all time) Buy
Price Targets & DCF
Current price
641.00
DCF (Unlevered) 65.59 -89.8%
DCF (Levered) 226.89 -64.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 8 +1
Buy 11 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.43
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Semiconductors: +12.5%
    +8.4% Q1'26: +17.2% (vs Q1'25)
  • EPS growth Semiconductors: +22.5%
    +27.5% Q1'26: +92.1% (vs Q1'25)
  • FCF margin FCF growth · Semiconductors: +38.2%
    +10.1% Q1'26: -4.4% (vs Q1'25)
  • EBIT margin Semiconductors: +10.7%
    +8.8% Q1'26: +10.1% (vs Q1'25)
  • ROIC Semiconductors: +6.0%
    +8.7% Q1'26: +10.7% (vs Q1'25)
  • Share dilution Semiconductors: +0.0%
    +0.9% Q1'26: +1.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×
    2.12× Q1'26: 1.78× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.40) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 64.57 Current price: 641.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
15 Rev. Ana.
13 EPS Ana.
Dec 2027
16 Rev. Ana.
14 EPS Ana.
Dec 2028
9 Rev. Ana.
5 EPS Ana.
Revenue
283.30B
est: 284.95B (-0.6%)
274.88B
est: 274.37B (+0.2%)
290.44B
est: 287.98B (+0.9%)
371.09B
est: 383.93B (-3.3%)
413.18B
est: 412.68B (+0.1%)
476.98B
est: 468.18B (+1.9%)
570.00B
est: 564.37B (+1.0%)
670.87B
est: 678.33B (-1.1%)
581.91B
est: 587.79B (-1.0%)
595.41B
est: 592.40B (+0.5%)
645.39B
est: 641.25B (+0.6%)
785.08B
767.19B – 814.15B
+22.4% YoY
932.77B
847.65B – 1.03T
+18.8% YoY
1.10T
1.10T – 1.11T
+18.0% YoY
EBITDA
56.72B
est: 56.51B (+0.4%)
58.20B
est: 54.41B (+7.0%)
61.38B
est: 57.11B (+7.5%)
78.43B
est: 76.13B (+3.0%)
77.17B
est: 81.83B (-5.7%)
89.38B
est: 92.84B (-3.7%)
135.97B
est: 111.91B (+21.5%)
138.85B
est: 134.51B (+3.2%)
104.76B
est: 117.18B (-10.6%)
106.33B
est: 118.10B (-10.0%)
124.34B
est: 127.84B (-2.7%)
156.51B
152.94B – 162.31B
+22.4% YoY
185.95B
168.98B – 205.67B
+18.8% YoY
219.38B
218.30B – 220.46B
+18.0% YoY
EBIT
27.28B
est: 29.25B (-6.7%)
28.77B
est: 28.16B (+2.2%)
32.29B
est: 29.56B (+9.2%)
36.14B
est: 39.41B (-8.3%)
27.30B
est: 42.36B (-35.6%)
38.68B
est: 48.06B (-19.5%)
82.19B
est: 57.93B (+41.9%)
84.51B
est: 69.63B (+21.4%)
47.75B
est: 61.17B (-21.9%)
47.59B
est: 61.65B (-22.8%)
56.90B
est: 66.73B (-14.7%)
81.70B
79.84B – 84.72B
+22.4% YoY
97.07B
88.21B – 107.36B
+18.8% YoY
114.52B
113.95B – 115.08B
+18.0% YoY
Net Income
19.05B
est: 21.63B (-11.9%)
21.69B
est: 22.32B (-2.8%)
22.99B
est: 24.21B (-5.0%)
25.26B
est: 21.50B (+17.5%)
17.06B
est: 16.97B (+0.6%)
26.97B
est: 25.49B (+5.8%)
60.15B
est: 46.95B (+28.1%)
61.50B
est: 61.78B (-0.5%)
31.73B
est: 31.63B (+0.3%)
32.38B
est: 34.12B (-5.1%)
40.66B
est: 38.97B (+4.3%)
74.39B
67.89B – 79.00B
+90.9% YoY
97.76B
65.25B – 120.20B
+31.4% YoY
129.76B
100.72B – 160.42B
+32.7% YoY
SGA
14.30B
est: 13.45B (+6.3%)
15.10B
est: 12.95B (+16.6%)
15.77B
est: 13.60B (+16.0%)
19.55B
est: 18.13B (+7.9%)
22.39B
est: 19.48B (+14.9%)
23.81B
est: 22.10B (+7.7%)
27.19B
est: 26.65B (+2.0%)
30.38B
est: 32.03B (-5.1%)
25.93B
est: 27.45B (-5.6%)
28.94B
est: 27.67B (+4.6%)
30.59B
est: 29.95B (+2.1%)
36.67B
35.83B – 38.03B
+22.4% YoY
43.57B
39.59B – 48.19B
+18.8% YoY
51.40B
51.15B – 51.65B
+18.0% YoY
EPS
4.98
est: 4.93 (+1.1%)
5.66
est: 5.08 (+11.4%)
5.64
est: 5.51 (+2.3%)
5.95
est: 4.90 (+21.5%)
3.96
est: 3.86 (+2.5%)
6.47
est: 5.80 (+11.5%)
14.84
est: 10.69 (+38.8%)
14.53
est: 14.07 (+3.3%)
7.27
est: 7.34 (-1.0%)
7.52
est: 7.38 (+1.9%)
9.37
est: 8.71 (+7.5%)
16.37
15.33 – 17.84
+87.9% YoY
23.44
14.73 – 27.14
+43.2% YoY
31.73
22.74 – 36.21
+35.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-11 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-08 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-07 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-06 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-05 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-05-04 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-04-30 B+ 3/5 3/5 4/5 4/5 3/5 2/5 2/5
2026-04-29 B 3/5 3/5 3/5 4/5 1/5 3/5 3/5
2026-04-28 B 3/5 3/5 3/5 4/5 1/5 3/5 3/5
2026-04-27 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-24 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-23 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-22 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-21 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-20 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-17 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-16 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5
2026-04-15 B 3/5 3/5 3/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
26.45B
OE per share TTM
5.86
Owner's Yield
1.08%
Maintenance CapEx ratio
218.25%
Maint CapEx / Avg PPE
51.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
590.0K
Shares Outstanding
4.39B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Andrew Tang Chief Procurement Officer & Representative Director male
Anne Chang Senior Vice President of Sales & Marketing female
Bo-Lian Li Senior Vice President male
Chen-Yen Wei Chairman, President of Universal Scientific Industrial & GM of UGTW male
Chi-Wen Tsai Chairman & President of Siliconware Precision Industries Co., Ltd male
Du-Tsuen Uang Chief Administrative Officer & Chief Corporate Governance Officer male
Gichol Lee General Manager of ASE Korea male
Gilles Benhamou Chief Executive Officer of Asteelflash Technologie & Chairman Asteelflash Suzhou Co., Ltd. male
Hung-Pen Chang Vice Chairman, GM & President male
Joseph Tung Group Chief Financial Officer male
Kenneth Hsiang Head of Investor Relations & Senior Vice President male
Kwai Mun Lee President of Southeast Asia Operations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits