ASE TECHNOLOGY HOLDING -ADR (ASX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASX - US00215W1009 - ADR
15.21 USD
+0.05 (+0.33%)
15.24 USD
+0.03 (+0.2%)
ASX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. ASX has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past 5 years ASX has always been profitable.
ASX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASX has a better Return On Assets (4.46%) than 70.54% of its industry peers.
Looking at the Return On Equity, with a value of 11.61%, ASX is in the better half of the industry, outperforming 77.68% of the companies in the same industry.
The Return On Invested Capital of ASX (6.22%) is better than 69.64% of its industry peers.
ASX had an Average Return On Invested Capital over the past 3 years of 8.26%. This is below the industry average of 10.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 11.61% | ||
| ROIC | 6.22% |
ROA(3y)5.97%
ROA(5y)6.43%
ROE(3y)13.77%
ROE(5y)15.7%
ROIC(3y)8.26%
ROIC(5y)8.22%
1.3 Margins
Looking at the Profit Margin, with a value of 5.49%, ASX is in the better half of the industry, outperforming 61.61% of the companies in the same industry.
ASX's Profit Margin has improved in the last couple of years.
ASX has a better Operating Margin (6.85%) than 60.71% of its industry peers.
ASX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 16.68%, ASX is doing worse than 83.04% of the companies in the same industry.
In the last couple of years the Gross Margin of ASX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.85% | ||
| PM (TTM) | 5.49% | ||
| GM | 16.68% |
OM growth 3Y-15.49%
OM growth 5Y2.93%
PM growth 3Y-21.35%
PM growth 5Y5.99%
GM growth 3Y-5.62%
GM growth 5Y0.9%
2. Health
2.1 Basic Checks
ASX has more shares outstanding than it did 1 year ago.
ASX has more shares outstanding than it did 5 years ago.
ASX has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.74 indicates that ASX is somewhat dependend on debt financing.
ASX has a worse Debt to Equity ratio (0.74) than 76.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ASX has a Current Ratio of 1.02. This is a normal value and indicates that ASX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.02, ASX is doing worse than 91.07% of the companies in the same industry.
A Quick Ratio of 0.79 indicates that ASX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.79, ASX is doing worse than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.55% over the past year.
The Earnings Per Share has been growing by 13.35% on average over the past years. This is quite good.
The Revenue for ASX has decreased by -13.32% in the past year. This is quite bad
The Revenue has been growing slightly by 7.58% on average over the past years.
EPS 1Y (TTM)6.55%
EPS 3Y-20.43%
EPS 5Y13.35%
EPS Q2Q%11.06%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y1.46%
Revenue growth 5Y7.58%
Sales Q2Q%5.29%
3.2 Future
The Earnings Per Share is expected to grow by 37.52% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.13% on average over the next years. This is quite good.
EPS Next Y17.35%
EPS Next 2Y34.63%
EPS Next 3Y32.48%
EPS Next 5Y37.52%
Revenue Next Year7.82%
Revenue Next 2Y10.63%
Revenue Next 3Y11.92%
Revenue Next 5Y13.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of ASX may justify a higher PE ratio.
A more expensive valuation may be justified as ASX's earnings are expected to grow with 32.48% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.63%
EPS Next 3Y32.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.32%, ASX has a reasonable but not impressive dividend return.
ASX's Dividend Yield is rather good when compared to the industry average which is at 2.13. ASX pays more dividend than 91.07% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ASX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
The dividend of ASX is nicely growing with an annual growth rate of 63.82%!
ASX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)63.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ASX pays out 65.83% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ASX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP65.83%
EPS Next 2Y34.63%
EPS Next 3Y32.48%
15.21
+0.05 (+0.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners32.8%
Inst Owner Change-2.79%
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap33.18B
Revenue(TTM)629.74B
Net Income(TTM)34.12B
Analysts82.96
Price Target16.52 (8.61%)
Short Float %0.44%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly DividendN/A
Dividend Growth(5Y)63.82%
DP65.83%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.35%
Min EPS beat(2)-25.64%
Max EPS beat(2)-11.06%
EPS beat(4)1
Avg EPS beat(4)-8.86%
Min EPS beat(4)-25.64%
Max EPS beat(4)1.68%
EPS beat(8)3
Avg EPS beat(8)-3.78%
EPS beat(12)7
Avg EPS beat(12)1.02%
EPS beat(16)10
Avg EPS beat(16)6.73%
Revenue beat(2)1
Avg Revenue beat(2)-0.65%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)0.64%
Revenue beat(4)2
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)0.64%
Revenue beat(8)2
Avg Revenue beat(8)-0.99%
Revenue beat(12)3
Avg Revenue beat(12)-0.98%
Revenue beat(16)5
Avg Revenue beat(16)-0.67%
PT rev (1m)32.38%
PT rev (3m)35.27%
EPS NQ rev (1m)0.95%
EPS NQ rev (3m)3.13%
EPS NY rev (1m)4.27%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.44%
Revenue NY rev (1m)0.93%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | N/A | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)N/A
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpSN/A
BVpSN/A
TBVpSN/A
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 11.61% | ||
| ROCE | 8.24% | ||
| ROIC | 6.22% | ||
| ROICexc | 7.24% | ||
| ROICexgc | 8.41% | ||
| OM | 6.85% | ||
| PM (TTM) | 5.49% | ||
| GM | 16.68% | ||
| FCFM | N/A |
ROA(3y)5.97%
ROA(5y)6.43%
ROE(3y)13.77%
ROE(5y)15.7%
ROIC(3y)8.26%
ROIC(5y)8.22%
ROICexc(3y)9.6%
ROICexc(5y)9.59%
ROICexgc(3y)11.43%
ROICexgc(5y)11.59%
ROCE(3y)11.1%
ROCE(5y)11.04%
ROICexgc growth 3Y-18.08%
ROICexgc growth 5Y4.88%
ROICexc growth 3Y-16.93%
ROICexc growth 5Y6.46%
OM growth 3Y-15.49%
OM growth 5Y2.93%
PM growth 3Y-21.35%
PM growth 5Y5.99%
GM growth 3Y-5.62%
GM growth 5Y0.9%
F-Score4
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 214.34% | ||
| Cap/Sales | 21.75% | ||
| Interest Coverage | 6.07 | ||
| Cash Conversion | 108.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | N/A |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)121.14%
Cap/Depr(5y)124.09%
Cap/Sales(3y)11.36%
Cap/Sales(5y)12.03%
Profit Quality(3y)92.23%
Profit Quality(5y)66.71%
High Growth Momentum
Growth
EPS 1Y (TTM)6.55%
EPS 3Y-20.43%
EPS 5Y13.35%
EPS Q2Q%11.06%
EPS Next Y17.35%
EPS Next 2Y34.63%
EPS Next 3Y32.48%
EPS Next 5Y37.52%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y1.46%
Revenue growth 5Y7.58%
Sales Q2Q%5.29%
Revenue Next Year7.82%
Revenue Next 2Y10.63%
Revenue Next 3Y11.92%
Revenue Next 5Y13.13%
EBIT growth 1Y-9.92%
EBIT growth 3Y-14.25%
EBIT growth 5Y10.73%
EBIT Next Year178.53%
EBIT Next 3Y62.2%
EBIT Next 5YN/A
FCF growth 1Y-142.77%
FCF growth 3Y1.13%
FCF growth 5Y-7.97%
OCF growth 1Y-1.2%
OCF growth 3Y3.56%
OCF growth 5Y4.66%
ASE TECHNOLOGY HOLDING -ADR / ASX FAQ
What is the fundamental rating for ASX stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASX.
What is the valuation status for ASX stock?
ChartMill assigns a valuation rating of 1 / 10 to ASE TECHNOLOGY HOLDING -ADR (ASX). This can be considered as Overvalued.
What is the profitability of ASX stock?
ASE TECHNOLOGY HOLDING -ADR (ASX) has a profitability rating of 6 / 10.
What is the earnings growth outlook for ASE TECHNOLOGY HOLDING -ADR?
The Earnings per Share (EPS) of ASE TECHNOLOGY HOLDING -ADR (ASX) is expected to grow by 17.35% in the next year.