Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
ASE Industrial Holding Co Ltd ADR(ASX)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ASX
11/06/2026: ASX (5-star) is currently NOT-A-BUY. Pass it for now.
ASE Industrial Holding Co Ltd ADR is the world's largest provider of semiconductor assembly and testing services, acting as a critical link in the global chip manufacturing ecosystem. The company is known for its strong scale, extensive technological capabilities in advanced packaging, and its ability to service a diverse range of high-profile technology customers. Its primary growth story centers on the rising demand for sophisticated packaging solutions needed for artificial intelligence and high-performance computing. Key risks include intense competition from foundries and inherent sensitivity to the cyclical nature of semiconductor demand. The stock may suit investors seeking a solid industry player with consistent dividends, while they monitor developments in advanced packaging adoption.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While tied to semiconductor growth, the company operates in a mature, capital-intensive segment. |
| Momentum investor | Strong fit while signal remains positive | The stock can track cycles in the semiconductor industry and AI-related news sentiment. |
| Value investor | Strong fit | ASE often trades at reasonable valuations relative to high-growth chip designers. |
| Dividend investor | Strong fit | The company provides a consistent dividend yield, suitable for income-focused portfolios. |
| Low-risk investor | Mixed fit | Exposure to cyclical semiconductor demand introduces moderate price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock is sensitive to semiconductor industry cycles and market sentiment. |
| Valuation risk | Medium | Valuation fluctuates based on cyclical earnings expectations. |
| Competition risk (Foundry-led packaging) | Medium / high | Foundries are increasingly offering advanced packaging, potentially competing for ASE's premium services. |
| Business quality | Strong | As the world's largest OSAT, the company benefits from significant economies of scale. |
| Dividend income | Medium | Dividends are reliable but subject to the company's capital expenditure needs. |
| Execution risk | Medium | Successfully scaling complex new packaging technologies is critical to long-term success. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 140.76% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 69.83B USD | Price to earnings Ratio 30.41 | 1Y Target Price 54.94 |
Price to earnings Ratio 30.41 | 1Y Target Price 54.94 | ||
Volume (30-day avg) 9.2M shares | Beta 1.52 | 52 Weeks Range 13.22 - 47.93 | Updated Date 11/08/2026 |
52 Weeks Range 13.22 - 47.93 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.04 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| ATM (Assembly, Testing, and Materials) | Advanced packaging (SiP, WLP) and testing for various chip types. | This is the core, high-margin part of the business that makes the chips ready for devices. |
| EMS (Electronic Manufacturing Services) | Design and assembly of finished electronic products and modules. | This segment provides stable revenue by assembling end-user electronic products. |
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 2026-10-29 | When Before Market | Estimate 0.34 | Actual 0.37 |
Profitability
Profit Margin 9.77% | Operating Margin (TTM) 13.57% |
Management Effectiveness
Return on Assets (TTM) 5.36% | Return on Equity (TTM) 19.9% |
Valuation
Trailing PE 30.41 | Forward PE 12.3 | Enterprise Value 78.86B | Price to Sales(TTM) 0.09 |
Enterprise Value 78.86B | Price to Sales(TTM) 0.09 | ||
Enterprise Value to Revenue 3.32 | Enterprise Value to EBITDA 14.26 | Shares Outstanding 2.21B | Shares Floating 1.63B |
Shares Outstanding 2.21B | Shares Floating 1.63B | ||
Percent Insiders - | Percent Institutions 7.22 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.