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ASE Technology Holding Co Ltd
NYSE:ASX

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ASE Technology Holding Co Ltd
NYSE:ASX
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Price: 29.95 USD 1.18%
Market Cap: $64.7B

EV/EBIT

43.1
Current
175%
More Expensive
vs 3-y average of 15.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
43.1
=
Enterprise Value
$1.7T
/
EBIT
NT$50.8B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
43.1
=
Enterprise Value
$1.7T
/
EBIT
NT$50.8B

Valuation Scenarios

ASE Technology Holding Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (15.7), the stock would be worth $10.88 (64% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-70%
Maximum Upside
No Upside Scenarios
Average Downside
54%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 43.1 $29.95
0%
3-Year Average 15.7 $10.88
-64%
5-Year Average 12.9 $8.98
-70%
Industry Average 30.1 $20.93
-30%
Country Average 20.9 $14.49
-52%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$1.7T
/
Jan 2026
NT$50.8B
=
43.1
Current
$1.7T
/
Dec 2026
NT$84B
=
20.1
Forward
$1.7T
/
Dec 2027
NT$116.2B
=
14.6
Forward
$1.7T
/
Dec 2028
NT$138.7B
=
12.2
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
TW
ASE Technology Holding Co Ltd
NYSE:ASX
2T USD 43.1 51.4
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 37.3 41.1
US
Broadcom Inc
NASDAQ:AVGO
2T USD 73.3 81.3
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
53.2T TWD 23.6 28.7
US
Micron Technology Inc
NASDAQ:MU
549.9B USD 19.4 22.7
US
Advanced Micro Devices Inc
NASDAQ:AMD
494.6B USD 134.4 116.5
KR
SK Hynix Inc
KRX:000660
701.7T KRW 17.7 19.5
US
Intel Corp
NASDAQ:INTC
326B USD -15 037.9 -1 263.8
US
Texas Instruments Inc
NASDAQ:TXN
214.3B USD 42.8 51
UK
Arm Holdings PLC
NASDAQ:ARM
208.8B USD 247.7 275.2
US
Analog Devices Inc
NASDAQ:ADI
186.2B USD 57.8 73.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
ASE Technology Holding Co Ltd
NYSE:ASX
Average EV/EBIT: 69.7
43.1
40%
1.1
US
NVIDIA Corp
NASDAQ:NVDA
37.3
43%
0.9
US
Broadcom Inc
NASDAQ:AVGO
73.3
70%
1
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
23.6
28%
0.8
US
Micron Technology Inc
NASDAQ:MU
19.4
87%
0.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
134.4
94%
1.4
KR
SK Hynix Inc
KRX:000660
17.7
52%
0.3
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -15 037.9 N/A N/A
US
Texas Instruments Inc
NASDAQ:TXN
42.8
18%
2.4
UK
Arm Holdings PLC
NASDAQ:ARM
247.7
58%
4.3
US
Analog Devices Inc
NASDAQ:ADI
57.8
38%
1.5

Market Distribution

Lower than 100% of companies in Taiwan
Percentile
0th
Based on 671 companies
0th percentile
1.4
Low
0.2 — 14.9
Typical Range
14.9 — 30.2
High
30.2 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 14.9
Median 20.9
70th Percentile 30.2
Max 1 677.9

ASE Technology Holding Co Ltd
Glance View

Market Cap
64.7B USD
Industry
Semiconductors

ASE Technology Holding Co., Ltd. finds itself at the heart of a pivotal industry, quietly powering the global technology sphere with its advanced semiconductor packaging and testing services. Founded in 1984 and headquartered in Kaohsiung City, Taiwan, ASE Technology has grown into a critical player in the semiconductor supply chain, offering a suite of services that are indispensable to the creation of electronic devices. Focused on encapsulating and protecting delicate chips, the company specializes in turning semiconductor wafers into operational miracles that can conduct electricity and process information. The intricate dance of semiconductor design and manufacturing takes a pivotal turn at ASE Technology, where raw semiconductor wafers are encased in reliable packages that can withstand the rigors of practical use, all while being tested for functionality and quality. The company's business model thrives on long-term collaborations with industry giants – think leading chipmakers, consumer electronics companies, and automotive enterprises. These alliances bolster ASE's ability to innovate and invest in cutting-edge facilities capable of sophisticated processes such as wafer-level packaging and system-in-package solutions. Beyond sheer manufacturing might, ASE leverages its expertise in engineering and logistics to create value-added solutions, ensuring its components meet the nuanced needs of varied applications, from high-performance computing to mobile communications. Revenue streams are robust, derived from a diversified portfolio that spans consumer electronics, communications, computing, and automotive sectors, reflecting ASE Technology's role as a linchpin in an increasingly digital world. By continuously evolving in a sector marked by rapid technological shifts, ASE Technology not only secures enduring relevance but also expands its footprint as a beacon of innovation and reliability.

ASX Intrinsic Value
19.88 USD
Overvaluation 34%
Intrinsic Value
Price $29.95
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