ASE TECHNOLOGY HOLDING -ADR (ASX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASX - US00215W1009 - ADR
17.64 USD
+0.31 (+1.79%)
17.7999 USD
+0.16 (+0.91%)
Taking everything into account, ASX scores 4 out of 10 in our fundamental rating. ASX was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of ASX while its profitability can be described as average. ASX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ASX had positive earnings in each of the past 5 years.
Each year in the past 5 years ASX had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.19%, ASX is doing good in the industry, outperforming 65.49% of the companies in the same industry.
With a decent Return On Equity value of 11.14%, ASX is doing good in the industry, outperforming 73.45% of the companies in the same industry.
The Return On Invested Capital of ASX (5.60%) is better than 65.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASX is below the industry average of 10.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.19% | ||
| ROE | 11.14% | ||
| ROIC | 5.6% |
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
With a decent Profit Margin value of 5.61%, ASX is doing good in the industry, outperforming 60.18% of the companies in the same industry.
ASX's Profit Margin has improved in the last couple of years.
The Operating Margin of ASX (7.03%) is better than 60.18% of its industry peers.
ASX's Operating Margin has improved in the last couple of years.
ASX's Gross Margin of 16.85% is on the low side compared to the rest of the industry. ASX is outperformed by 82.30% of its industry peers.
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 | 7.03% | ||
| PM (TTM) | 5.61% | ||
| GM | 16.85% |
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
The number of shares outstanding for ASX has been increased compared to 1 year ago.
ASX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ASX is higher compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.87 indicates that ASX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.87, ASX is doing worse than 83.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.13 indicates that ASX should not have too much problems paying its short term obligations.
ASX has a Current ratio of 1.13. This is amonst the worse of the industry: ASX underperforms 89.38% of its industry peers.
ASX has a Quick Ratio of 1.13. This is a bad value and indicates that ASX is not financially healthy enough and could expect problems in meeting its short term obligations.
ASX has a Quick ratio of 0.88. This is amonst the worse of the industry: ASX underperforms 87.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
ASX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.55%.
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
Measured over the past years, ASX shows a small growth in Revenue. The Revenue has been growing by 7.58% on average per year.
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
ASX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 37.52% yearly.
ASX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.13% yearly.
EPS Next Y20.19%
EPS Next 2Y35.37%
EPS Next 3Y33.16%
EPS Next 5Y37.52%
Revenue Next Year7.85%
Revenue Next 2Y10.83%
Revenue Next 3Y10.07%
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.
ASX's earnings are expected to grow with 33.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.37%
EPS Next 3Y33.16%
5. Dividend
5.1 Amount
ASX has a Yearly Dividend Yield of 1.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 0.53, ASX pays a better dividend. On top of this ASX pays more dividend than 90.27% of the companies listed in the same industry.
ASX's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
The dividend of ASX is nicely growing with an annual growth rate of 63.82%!
ASX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)63.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
65.21% of the earnings are spent on dividend by ASX. This is not a sustainable payout ratio.
ASX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP65.21%
EPS Next 2Y35.37%
EPS Next 3Y33.16%
17.64
+0.31 (+1.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners30.72%
Inst Owner Change0.04%
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap38.48B
Revenue(TTM)629.74B
Net Income(TTM)35.32B
Analysts82.96
Price Target16.58 (-6.01%)
Short Float %0.43%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly DividendN/A
Dividend Growth(5Y)63.82%
DP65.21%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.66%
Min EPS beat(2)-25.64%
Max EPS beat(2)16.32%
EPS beat(4)1
Avg EPS beat(4)-5.21%
Min EPS beat(4)-25.64%
Max EPS beat(4)16.32%
EPS beat(8)4
Avg EPS beat(8)-1.4%
EPS beat(12)7
Avg EPS beat(12)1.89%
EPS beat(16)11
Avg EPS beat(16)7.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-1.94%
Max Revenue beat(2)1.48%
Revenue beat(4)3
Avg Revenue beat(4)0.13%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)1.48%
Revenue beat(8)3
Avg Revenue beat(8)-0.58%
Revenue beat(12)3
Avg Revenue beat(12)-1.17%
Revenue beat(16)6
Avg Revenue beat(16)-0.39%
PT rev (1m)0.4%
PT rev (3m)38.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.92%
EPS NY rev (1m)0.22%
EPS NY rev (3m)6.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0.95%
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 | 4.19% | ||
| ROE | 11.14% | ||
| ROCE | 7.59% | ||
| ROIC | 5.6% | ||
| ROICexc | 5.9% | ||
| ROICexgc | 6.62% | ||
| OM | 7.03% | ||
| PM (TTM) | 5.61% | ||
| GM | 16.85% | ||
| 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 Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.53 | ||
| Cap/Depr | 246.82% | ||
| Cap/Sales | 25.47% | ||
| Interest Coverage | 6.05 | ||
| Cash Conversion | 97.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.88 | ||
| 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 Y20.19%
EPS Next 2Y35.37%
EPS Next 3Y33.16%
EPS Next 5Y37.52%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y1.46%
Revenue growth 5Y7.58%
Sales Q2Q%5.29%
Revenue Next Year7.85%
Revenue Next 2Y10.83%
Revenue Next 3Y10.07%
Revenue Next 5Y13.13%
EBIT growth 1Y-6.4%
EBIT growth 3Y-14.25%
EBIT growth 5Y10.73%
EBIT Next Year189.59%
EBIT Next 3Y64.52%
EBIT Next 5YN/A
FCF growth 1Y-198.69%
FCF growth 3Y1.13%
FCF growth 5Y-7.97%
OCF growth 1Y-9.41%
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 of ASE TECHNOLOGY HOLDING -ADR (ASX) stock?
ChartMill assigns a valuation rating of 1 / 10 to ASE TECHNOLOGY HOLDING -ADR (ASX). This can be considered as Overvalued.
Can you provide the profitability details for ASE TECHNOLOGY HOLDING -ADR?
ASE TECHNOLOGY HOLDING -ADR (ASX) has a profitability rating of 6 / 10.
What is the financial health of ASE TECHNOLOGY HOLDING -ADR (ASX) stock?
The financial health rating of ASE TECHNOLOGY HOLDING -ADR (ASX) is 1 / 10.
Can you provide the dividend sustainability for ASX stock?
The dividend rating of ASE TECHNOLOGY HOLDING -ADR (ASX) is 5 / 10 and the dividend payout ratio is 65.21%.