Ase Industrial Stock Analysis

ASX
 Stock
  

USD 6.08  0.19  3.23%   

The current indifference towards the small price fluctuations of Ase Industrial Holding could raise concerns from investors as the firm is trading at a share price of 6.08 on 5,848,930 in volume. The company management teams did not add any value to Ase Industrial investors in July. However, most investors can still diversify their portfolios with Ase Industrial Holding to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.68. The current volatility is consistent with the ongoing market swings in July 2022 as well as with Ase Industrial unsystematic, company-specific events.
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The Ase Industrial stock analysis report makes it easy to digest most publicly released information about Ase Industrial and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Ase Industrial Stock analysis module also helps to analyze the Ase Industrial price relationship with some important fundamental indicators such as market cap and management efficiency.

Ase Industrial Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.06. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ase Industrial Holding has Price/Earnings To Growth (PEG) ratio of 0.18. The entity next dividend is scheduled to be issued on the 3rd of September 2021. The firm had 1029:1000 split on the 30th of April 2018. ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan. Ase Industrial operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 97800 people. For more info on Ase Industrial Holding please contact ShihKang Hsu at 886 7 361 7131 or go to https://www.aseglobal.com.

Ase Industrial Quarterly Cost of Revenue

126.05 Billion

Ase Industrial Holding Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ase Industrial's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ase Industrial Holding or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ase Industrial Holding was previously known as ASE TECHNOLOGY HOLDING and was traded on New York Stock Exchange under the symbol ASX.
On 4th of August 2022 Ase Industrial paid $ 0.4791 per share dividend to its current shareholders
Latest headline from www.marketscreener.com: ASE Technology ESG Report 2021 - Marketscreener.com

Ase Industrial Holding Upcoming and Recent Events

Earnings reports are used by Ase Industrial to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ase Industrial previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Ase Industrial SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Ase Industrial prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Ase Industrial investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Ase Industrial Holding specific information freely available to individual and institutional investors to make a timely investment decision.

Ase Industrial Thematic Classifications

In addition to having Ase Industrial stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Semiconductor
Semiconductor materials and production

Ase Industrial Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 12.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ase Industrial's market, we take the total number of its shares issued and multiply it by Ase Industrial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Ase Industrial Profitablity

Ase Industrial's profitability indicators refer to fundamental financial ratios that showcase Ase Industrial's ability to generate income relative to its revenue or operating costs. If, let's say, Ase Industrial is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ase Industrial's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ase Industrial's profitability requires more research than a typical breakdown of Ase Industrial's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 11.77 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 20.3 %, which entails that for every 100 dollars of revenue, it generated 0.2 of operating income.
Last ReportedProjected for 2022
Return on Average Assets 0.1  0.08 
Return on Average Equity 0.25  0.21 
Return on Invested Capital 0.15  0.14 
Return on Sales 0.14  0.13 

Management Efficiency

The entity has Return on Asset of 7.05 % which means that on every $100 spent on asset, it made $7.05 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 28.76 %, implying that it generated $28.76 on every 100 dollars invested. Ase Industrial management efficiency ratios could be used to measure how well ase industrial holding manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to drop to 0.08 in 2022. Return on Average Equity is likely to drop to 0.21 in 2022. Total Assets is likely to drop to about 592.5 B in 2022. Current Assets is likely to drop to about 250.9 B in 2022
Last ReportedProjected for 2022
Book Value per Share 297.87  249.80 
Enterprise Value over EBIT 4.00  4.11 
Enterprise Value over EBITDA 2.67  3.53 
Price to Book Value 0.72  0.98 
Tangible Assets Book Value per Share 683.69  567.61 
Enterprise Value13.1 B13.1 B
Tangible Asset Value597 B531.4 B

Technical Drivers

As of the 10th of August, Ase Industrial shows the mean deviation of 2.18, and Risk Adjusted Performance of 0.0036. Ase Industrial Holding technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Ase Industrial Holding, which can be compared to its rivals. Please confirm Ase Industrial Holding market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Ase Industrial Holding is priced correctly, providing market reflects its regular price of 6.08 per share. Given that Ase Industrial has jensen alpha of 0.0032, we suggest you to validate Ase Industrial Holding's prevailing market performance to make sure the company can sustain itself at a future point.

Ase Industrial Holding Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ase Industrial middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ase Industrial Holding. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Ase Industrial Technical and Predictive Indicators

Ase Industrial Forecast Models

Ase Industrial time-series forecasting models is one of many Ase Industrial's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ase Industrial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Ase Industrial Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ase Industrial stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ase Industrial shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Ase Industrial. By using and applying Ase Industrial Stock analysis, traders can create a robust methodology for identifying Ase Industrial entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.24  0.21 
Gross Margin 0.19  0.18 
Profit Margin 0.11  0.1 
ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan. Ase Industrial operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 97800 people.

Current Ase Industrial Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ase Industrial analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ase Industrial analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
9.5Strong Buy1Odds
Ase Industrial Holding current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ase Industrial analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ase Industrial stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ase Industrial Holding, talking to its executives and customers, or listening to Ase Industrial conference calls.
Ase Industrial Analyst Advice Details

Ase Industrial Stock Analysis Indicators

Ase Industrial Holding stock analysis indicators help investors evaluate how Ase Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ase Industrial shares will generate the highest return on investment. By understating and applying Ase Industrial stock analysis, traders can identify Ase Industrial position entry and exit signals to maximize returns.
Quick Ratio0.70
Trailing Annual Dividend Rate4.20
Fifty Two Week Low4.88
Revenue Growth26.40%
Payout Ratio30.47%
Average Daily Volume Last 10 Day5.42M
Shares Short Prior Month6.62M
Average Daily Volume In Three Month6.23M
Earnings Growth56.70%
Shares Percent Shares Out0.24%
Earnings Quarterly Growth54.60%
Gross Margins20.14%
Forward Price Earnings6.57
Float Shares2B
Fifty Two Week High9.41
Fifty Day Average6.08
Enterprise Value To Ebitda1.30
Two Hundred Day Average6.93
Enterprise Value To Revenue0.26
Trailing Annual Dividend Yield69.08%
Please continue to Trending Equities. Note that the Ase Industrial Holding information on this page should be used as a complementary analysis to other Ase Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Ase Industrial Stock analysis

When running Ase Industrial Holding price analysis, check to measure Ase Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ase Industrial is operating at the current time. Most of Ase Industrial's value examination focuses on studying past and present price action to predict the probability of Ase Industrial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ase Industrial's price. Additionally, you may evaluate how the addition of Ase Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Ase Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ase Industrial. If investors know Ase Industrial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ase Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.57
Market Capitalization
12.6 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0705
Return On Equity
0.29
The market value of Ase Industrial Holding is measured differently than its book value, which is the value of Ase Industrial that is recorded on the company's balance sheet. Investors also form their own opinion of Ase Industrial's value that differs from its market value or its book value, called intrinsic value, which is Ase Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ase Industrial's market value can be influenced by many factors that don't directly affect Ase Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ase Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine Ase Industrial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ase Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.