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ASE Technology Holding Co Ltd
TWSE:3711

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ASE Technology Holding Co Ltd
TWSE:3711
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Price: 478 TWD -2.15% Market Closed
Market Cap: NT$2.1T

EV/GP

19.7
Current
194%
More Expensive
vs 3-y average of 6.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
19.7
=
Enterprise Value
NT$1.7T
/
Gross Profit
NT$114.2B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
19.7
=
Enterprise Value
NT$1.7T
/
Gross Profit
NT$114.2B

Valuation Scenarios

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

If EV/GP returns to its 3-Year Average (6.7), the stock would be worth NT$162.4 (66% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-69%
Maximum Upside
No Upside Scenarios
Average Downside
57%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 19.7 NT$478
0%
3-Year Average 6.7 NT$162.4
-66%
5-Year Average 6 NT$146.89
-69%
Industry Average 12 NT$292.15
-39%
Country Average 9.2 NT$224.17
-53%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
TW
ASE Technology Holding Co Ltd
TWSE:3711
2.1T TWD 19.7 52.8
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 31 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 44.1 79.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 20.8 29.3
US
Micron Technology Inc
NASDAQ:MU
583.4B USD 17.9 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
577.8B USD 33.8 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 11.7 16.1
US
Intel Corp
NASDAQ:INTC
474.6B USD 26.8 -157.7
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 24.9 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
224.3B USD 48.6 280
US
Analog Devices Inc
NASDAQ:ADI
194.2B USD 26.8 71.7

Market Distribution

Higher than 80% of companies in Taiwan
Percentile
80th
Based on 775 companies
80th percentile
19.7
Low
0.2 — 6.4
Typical Range
6.4 — 14.1
High
14.1 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 6.4
Median 9.2
70th Percentile 14.1
Max 10 648.4

ASE Technology Holding Co Ltd
Glance View

Market Cap
2.1T TWD
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.

Intrinsic Value
324.84 TWD
Overvaluation 32%
Intrinsic Value
Price NT$478
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