ASE TECHNOLOGY HOLDING -ADR (ASX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ASX - US00215W1009 - ADR
15.55 USD
+0.02 (+0.13%)
15.55 USD
0 (0%)
ASX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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. While showing a medium growth rate, ASX is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
Each year in the past 5 years ASX has been profitable.
ASX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASX's Return On Assets of 4.19% is fine compared to the rest of the industry. ASX outperforms 65.49% of its industry peers.
ASX's Return On Equity of 11.14% is fine compared to the rest of the industry. ASX outperforms 73.45% of its industry peers.
ASX has a better Return On Invested Capital (5.60%) 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 10.77%.
| 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
ASX has a better Profit Margin (5.61%) than 60.18% of its industry peers.
ASX's Profit Margin has improved in the last couple of years.
ASX's Operating Margin of 7.03% is fine compared to the rest of the industry. ASX outperforms 60.18% 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 16.85%, ASX is doing worse than 82.30% 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 | 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
ASX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ASX has been increased compared to 5 years ago.
ASX has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.87 indicates that ASX is somewhat dependend on debt financing.
ASX's Debt to Equity ratio of 0.87 is on the low side compared to the rest of the industry. ASX is outperformed by 84.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
ASX has a Current Ratio of 1.13. This is a normal value and indicates that ASX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ASX (1.13) is worse than 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.
Looking at the Quick ratio, with a value of 0.88, ASX is doing worse than 87.61% of the companies in the same industry.
| 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%.
ASX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.35% yearly.
ASX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.32%.
ASX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.58% yearly.
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
Based on estimates for the next years, ASX will show a quite strong growth in Revenue. The Revenue will grow by 13.13% on average per year.
EPS Next Y19.93%
EPS Next 2Y35.76%
EPS Next 3Y33.03%
EPS Next 5Y37.52%
Revenue Next Year8.01%
Revenue Next 2Y10.95%
Revenue Next 3Y10.13%
Revenue Next 5Y13.13%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
ASX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ASX's earnings are expected to grow with 33.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y35.76%
EPS Next 3Y33.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.39%, 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 0.56. ASX pays more dividend than 92.04% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, ASX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
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.
The dividend of ASX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP65.21%
EPS Next 2Y35.76%
EPS Next 3Y33.03%
15.55
+0.02 (+0.13%)
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 Cap33.92B
Revenue(TTM)629.74B
Net Income(TTM)35.32B
Analysts82.96
Price TargetN/A
Short Float %0.49%
Short Ratio1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly DividendN/A
Dividend Growth(5Y)63.82%
DP65.21%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)34.4%
PT rev (3m)39.62%
EPS NQ rev (1m)1.14%
EPS NQ rev (3m)14.91%
EPS NY rev (1m)2.19%
EPS NY rev (3m)5.3%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.61%
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 | 5.6% | ||
| ROICexgc | 6.25% | ||
| 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 | 2.6 | ||
| Cap/Depr | 258.2% | ||
| Cap/Sales | 25.47% | ||
| Interest Coverage | 6.05 | ||
| Cash Conversion | 100.28% | ||
| 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 Y19.93%
EPS Next 2Y35.76%
EPS Next 3Y33.03%
EPS Next 5Y37.52%
Revenue 1Y (TTM)-13.32%
Revenue growth 3Y1.46%
Revenue growth 5Y7.58%
Sales Q2Q%5.29%
Revenue Next Year8.01%
Revenue Next 2Y10.95%
Revenue Next 3Y10.13%
Revenue Next 5Y13.13%
EBIT growth 1Y-6.4%
EBIT growth 3Y-14.25%
EBIT growth 5Y10.73%
EBIT Next Year190.11%
EBIT Next 3Y64.35%
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 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 19.93% in the next year.