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ASE Industrial Holding Co Ltd ADR (ASX)



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Upturn Advisory Summary
10/15/2025: ASX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $13.19
1 Year Target Price $13.19
2 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -19.39% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 24.62B USD | Price to earnings Ratio 24.09 | 1Y Target Price 13.19 |
Price to earnings Ratio 24.09 | 1Y Target Price 13.19 | ||
Volume (30-day avg) 3 | Beta 0.94 | 52 Weeks Range 6.70 - 11.98 | Updated Date 10/15/2025 |
52 Weeks Range 6.70 - 11.98 | Updated Date 10/15/2025 | ||
Dividends yield (FY) 45.18% | Basic EPS (TTM) 0.47 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-10-23 | When - | Estimate 0.1315 | Actual - |
Profitability
Profit Margin 5.49% | Operating Margin (TTM) 6.76% |
Management Effectiveness
Return on Assets (TTM) 3.67% | Return on Equity (TTM) 11.06% |
Valuation
Trailing PE 24.09 | Forward PE 12.3 | Enterprise Value 28573646722 | Price to Sales(TTM) 0.04 |
Enterprise Value 28573646722 | Price to Sales(TTM) 0.04 | ||
Enterprise Value to Revenue 1.4 | Enterprise Value to EBITDA 7.72 | Shares Outstanding 2174617116 | Shares Floating 3104788389 |
Shares Outstanding 2174617116 | Shares Floating 3104788389 | ||
Percent Insiders - | Percent Institutions 7.78 |
Upturn AI SWOT
ASE Industrial Holding Co Ltd ADR

Company Overview
History and Background
ASE Industrial Holding Co Ltd ADR (ASX) was formed in 2018 through the merger of Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL). ASE was founded in 1984 and SPIL in 1984. The merger aimed to create a global leader in semiconductor manufacturing services.
Core Business Areas
- Assembly and Testing: Provides a wide range of packaging and testing services for integrated circuits, including wire bonding, flip chip, and wafer-level packaging. ASE's services ensure the functionality and reliability of semiconductor devices.
- Electronic Manufacturing Services (EMS): Offers comprehensive EMS, including design, manufacturing, and supply chain management services for electronics products. The division supports customers in diverse industries, such as communications, computing, and consumer electronics.
Leadership and Structure
The company is led by a board of directors and a management team with expertise in semiconductor manufacturing and operations. The organizational structure is designed to support efficient operations across its global facilities.
Top Products and Market Share
Key Offerings
- Advanced Packaging: Offers advanced packaging solutions, including 2.5D and 3D packaging, to meet the demands of high-performance computing and AI. ASE controls about 30% of the outsourced semiconductor assembly and test (OSAT) market. Competitors include Amkor, JCET, and Powertech Technology.
- IC Testing: Provides comprehensive testing services for integrated circuits to ensure quality and reliability. ASE has 21% market share in IC Testing market. Competitors include Teradyne and Advantest.
Market Dynamics
Industry Overview
The semiconductor industry is characterized by rapid technological advancements, increasing demand for high-performance computing, and globalization of supply chains. The industry is cyclical and sensitive to economic conditions.
Positioning
ASE Industrial Holding Co Ltd ADR is positioned as a leading provider of outsourced semiconductor manufacturing services. Its competitive advantages include its scale, technology leadership, and global footprint.
Total Addressable Market (TAM)
The global OSAT market is projected to reach $50 Billion by 2027. ASE is positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Global scale and capacity
- Advanced packaging technologies
- Strong customer relationships
- Broad service portfolio
Weaknesses
- High capital expenditure requirements
- Exposure to cyclical industry trends
- Dependence on key customers
- Complex global operations
Opportunities
- Growing demand for advanced packaging
- Expansion into new markets
- Strategic acquisitions
- Increased outsourcing trends
Threats
- Intense competition
- Technological obsolescence
- Economic downturns
- Geopolitical risks
Competitors and Market Share
Key Competitors
- AMKR
- JCET
- PTI
Competitive Landscape
ASE benefits from its technological prowess and global scale. However, intense competition and cyclical industry trends present challenges.
Major Acquisitions
SPIL
- Year: 2018
- Acquisition Price (USD millions): 2100
- Strategic Rationale: To create a global leader in semiconductor manufacturing services and enhance technological capabilities.
Growth Trajectory and Initiatives
Historical Growth: Historically, ASE has grown through organic expansion and strategic acquisitions, capitalizing on the increasing demand for outsourced semiconductor services.
Future Projections: Analysts project continued growth for ASE, driven by increasing demand for advanced packaging and testing solutions.
Recent Initiatives: Recent initiatives include investments in advanced packaging technologies and expansion of manufacturing capacity in key markets.
Summary
ASE Industrial Holding Co Ltd ADR is a strong player in the outsourced semiconductor manufacturing market, with leading technologies and significant global presence. The company benefits from increasing demand for advanced packaging. However, it needs to manage risks related to intense competition and cyclical industry trends. Strategic investments and acquisitions will be critical for sustaining growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ASE Industrial Holding Co Ltd ADR
Exchange NYSE | Headquaters - | ||
IPO Launch date 1995-12-15 | CEO - | ||
Sector Technology | Industry Semiconductors | Full time employees 100450 | Website https://www.aseglobal.com |
Full time employees 100450 | Website https://www.aseglobal.com |
ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, EMS, and Others segments. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development, construction, sale, and management of real estate properties; management of parking lot; leasing of properties for shopping center; and management of commercial complex services and department store trading activities, as well as offers social, marketing and sales, information software, leasing and investing, and after-sales and sales support services. Further, it engages in the substrates production; investment advisory and warehousing management; design and manufacturing of electronic components and new electronic applications; technical advisory; management, training, and consulting of organization and human resources; projection of plastic; manufacture and sale of antennas, RF amplifiers and wave straps, PCBs, and tuners; and research and development activities. The company was founded in 1984 and is based in Kaohsiung, Taiwan.

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