Valuation ASE Technology Holding Co., Ltd.

Equities

End-of-day quote Taiwan S.E. Other stock markets 2025-01-21			5-day change	1st Jan Change
172.00 ^TWD	0.00%		+6.83%	+6.17%

Jan. 10	ASE Technology Reports 6% Growth in December Revenue	MT
Jan. 10	ASE Technology Holding Co., Ltd. Reports Unaudited Consolidated Revenue Results for the Month, Fourth Quarter and Full Year Ended December 2024	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	353,805	346,792	455,338	402,951	581,480	746,329	746,329	-
Change	-	-1.98%	31.3%	-11.51%	44.31%	28.35%	0%	-
Enterprise Value (EV) ¹	503,721	493,602	595,967	600,878	697,708	846,250	842,415	821,444
Change	-	-2.01%	20.74%	0.82%	16.11%	21.29%	-0.45%	-2.49%
P/E ratio	21.6x	12.9x	7.4x	6.74x	18.8x	23.5x	16x	11.4x
PBR	1.76x	1.59x	1.79x	1.35x	1.97x	2.3x	2.11x	1.9x
PEG	-	0.2x	0x	-2.11x	-0.4x	11.16x	0.3x	0.3x
Capitalization / Revenue	0.86x	0.73x	0.8x	0.6x	1x	1.26x	1.12x	0.99x
EV / Revenue	1.22x	1.03x	1.05x	0.9x	1.2x	1.43x	1.27x	1.09x
EV / EBITDA	6.81x	5.73x	5.11x	4.43x	7.09x	8.5x	6.74x	5.55x
EV / EBIT	21.4x	14.2x	9.59x	7.49x	17.3x	21.2x	14x	10x
EV / FCF	31.6x	28.3x	48.1x	15.7x	11.5x	52.3x	25.6x	14.7x
FCF Yield	3.16%	3.53%	2.08%	6.38%	8.71%	1.91%	3.91%	6.81%
Dividend per Share ²	2.5	4.2	7	8.79	5.2	4.938	6.154	7.707
Rate of return	3%	5.17%	6.57%	9.36%	3.85%	2.87%	3.58%	4.48%
EPS ²	3.86	6.31	14.4	13.94	7.18	7.331	10.73	15.06
Distribution rate	64.8%	66.6%	48.6%	63.1%	72.4%	67.4%	57.3%	51.2%
Net sales ¹	413,182	476,978	569,997	670,945	581,914	592,432	663,477	756,613
EBITDA ¹	73,993	86,136	116,649	135,628	98,430	99,561	124,998	147,970
EBIT ¹	23,526	34,877	62,125	80,176	40,328	39,875	60,163	81,781
Net income ¹	16,850	27,593	63,908	62,090	31,725	32,052	46,274	66,101
Net Debt ¹	149,916	146,810	140,629	197,927	116,228	99,921	96,085	75,115
Reference price ²	83.20	81.30	106.50	93.90	135.00	172.00	172.00	172.00
Nbr of stocks (in thousands)	4,252,462	4,265,590	4,275,474	4,291,278	4,307,258	4,339,123	4,339,123	-
Announcement Date	2/7/20	2/4/21	2/10/22	2/9/23	2/1/24	-	-	-

¹TWD in Million²TWD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
ASE TECHNOLOGY HOLDING CO., LTD.	23.46x	1.43x	8.5x	+2.87%	22.83B
ASML HOLDING N.V.	39.29x	10.34x	29.98x	+0.87%	306B
LAM RESEARCH CORPORATION	22.78x	5.9x	18.31x	+1.11%	103B
TOKYO ELECTRON LTD.	23.53x	4.97x	16.14x	+2.11%	78.56B
ENTEGRIS, INC.	61.91x	6.11x	21.3x	+0.38%	16.06B
ONTO INNOVATION INC.	52.79x	9.99x	32.52x	-	10.7B
AMKOR TECHNOLOGY, INC.	18.78x	0.95x	5.71x	+1.34%	6.39B
SCREEN HOLDINGS CO., LTD.	13.29x	1.35x	6.17x	+2.14%	6.19B
ZHEJIANG JINGSHENG MECHANICAL & ELECTRICAL CO., LTD.	10.63x	1.93x	6.64x	+1.89%	5.68B
CAMTEK LTD.	43.4x	-	-	-.--%	4.7B
Average	30.99x	4.77x	16.14x	+1.41%	56.02B
Weighted average by Cap.	33.52x	7.96x	23.99x	+1.18%