Ase Industrial Holding Stock Current Valuation

ASX Stock

USD 10.10 0.05 0.49%

Valuation analysis of ASE Industrial Holding helps investors to measure ASE Industrial's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to rise to about 1.4 T in 2024, whereas Enterprise Value Over EBITDA is likely to drop 11.36 in 2024. Fundamental drivers impacting ASE Industrial's valuation include:

Price Book

2.5623

Enterprise Value

172.9 B

Enterprise Value Ebitda

0.232

Price Sales

0.0403

Forward PE

12.3001

Overvalued

Today

10.10

Please note that ASE Industrial's price fluctuation is somewhat reliable at this time. Calculation of the real value of ASE Industrial Holding is based on 3 months time horizon. Increasing ASE Industrial's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.

Buy or Sell Advice Valuation Matrix

Our valuation method for ASE Industrial Holding is useful when determining the fair value of the ASE stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of ASE Industrial. Since ASE Industrial is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ASE Stock. However, ASE Industrial's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.

Historical

Market 10.1

Real 8.98

Target 7.77

Hype 10.13

The real value of ASE Stock, also known as its intrinsic value, is the underlying worth of ASE Industrial Holding Company, which is reflected in its stock price. It is based on ASE Industrial's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of ASE Industrial's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ASE Industrial's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.

6.73

Downside

8.98

Real Value

Target Odds

Above Odds

Below Odds

11.23

Upside

Estimating the potential upside or downside of ASE Industrial Holding helps investors to forecast how ASE stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ASE Industrial more accurately as focusing exclusively on ASE Industrial's fundamentals will not take into account other important factors:

Earnings

Estimates (0)

Low	Projected	High
0.14	0.14	0.14

Details

Hype

Prediction

Low	Estimated	High
7.88	10.13	12.38

Details

3 Analysts

Consensus

Low	Target Price	High
7.07	7.77	8.62

Details

ASE Industrial Holding Company Current Valuation Analysis

ASE Industrial's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current ASE Industrial Current Valuation

172.85 B

Most of ASE Industrial's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASE Industrial Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ASE Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for ASE Industrial is extremely important. It helps to project a fair market value of ASE Stock properly, considering its historical fundamentals such as Current Valuation. Since ASE Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ASE Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ASE Industrial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.97	0.78	0.74	0.98	0.98	0.42	0.87	0.99	0.82	-0.33	0.81	0.91	0.94	0.7	0.93	-0.75	0.57	0.35	0.02	0.91	0.59	0.82	0.54
Total Stockholder Equity	0.97		0.64	0.85	0.95	0.98	0.39	0.77	0.97	0.85	-0.2	0.77	0.84	0.86	0.54	0.92	-0.82	0.63	0.44	-0.07	0.85	0.51	0.82	0.63
Net Debt	0.78	0.64		0.21	0.79	0.7	0.45	0.94	0.74	0.51	-0.5	0.68	0.84	0.88	0.94	0.7	-0.35	0.32	0.11	0.2	0.78	0.56	0.59	0.14
Retained Earnings	0.74	0.85	0.21		0.7	0.81	0.06	0.43	0.77	0.72	-0.06	0.48	0.53	0.54	0.09	0.73	-0.83	0.68	0.45	-0.06	0.66	0.34	0.8	0.74
Accounts Payable	0.98	0.95	0.79	0.7		0.97	0.39	0.89	0.98	0.77	-0.33	0.82	0.9	0.93	0.74	0.9	-0.76	0.59	0.37	0.12	0.92	0.6	0.82	0.47
Net Receivables	0.98	0.98	0.7	0.81	0.97		0.35	0.81	0.98	0.83	-0.33	0.77	0.89	0.92	0.61	0.94	-0.79	0.64	0.35	0.08	0.93	0.59	0.87	0.64
Short Term Investments	0.42	0.39	0.45	0.06	0.39	0.35		0.42	0.4	0.44	0.01	0.41	0.36	0.42	0.51	0.33	-0.17	0.13	0.11	-0.35	0.19	0.27	0.05	-0.06
Total Liab	0.87	0.77	0.94	0.43	0.89	0.81	0.42		0.86	0.6	-0.41	0.74	0.83	0.87	0.86	0.75	-0.56	0.5	0.24	0.1	0.84	0.57	0.75	0.25
Total Current Assets	0.99	0.97	0.74	0.77	0.98	0.98	0.4	0.86		0.84	-0.26	0.75	0.84	0.89	0.66	0.87	-0.76	0.57	0.32	0.01	0.88	0.6	0.83	0.5
Short Term Debt	0.82	0.85	0.51	0.72	0.77	0.83	0.44	0.6	0.84		0.01	0.48	0.6	0.69	0.34	0.67	-0.52	0.33	0.11	-0.13	0.67	0.44	0.65	0.65
Common Stock	-0.33	-0.2	-0.5	-0.06	-0.33	-0.33	0.01	-0.41	-0.26	0.01		-0.49	-0.55	-0.55	-0.52	-0.46	0.24	-0.3	0.16	-0.44	-0.6	-0.41	-0.5	-0.24
Current Deferred Revenue	0.81	0.77	0.68	0.48	0.82	0.77	0.41	0.74	0.75	0.48	-0.49		0.84	0.83	0.72	0.83	-0.78	0.47	0.37	0.04	0.78	0.55	0.63	0.35
Long Term Debt	0.91	0.84	0.84	0.53	0.9	0.89	0.36	0.83	0.84	0.6	-0.55	0.84		0.96	0.78	0.95	-0.65	0.56	0.4	0.16	0.9	0.63	0.74	0.48
Good Will	0.94	0.86	0.88	0.54	0.93	0.92	0.42	0.87	0.89	0.69	-0.55	0.83	0.96		0.81	0.91	-0.63	0.51	0.19	0.2	0.94	0.61	0.77	0.48
Intangible Assets	0.7	0.54	0.94	0.09	0.74	0.61	0.51	0.86	0.66	0.34	-0.52	0.72	0.78	0.81		0.61	-0.36	0.25	0.08	0.23	0.68	0.56	0.45	-0.09
Property Plant Equipment	0.93	0.92	0.7	0.73	0.9	0.94	0.33	0.75	0.87	0.67	-0.46	0.83	0.95	0.91	0.61		-0.78	0.68	0.5	0.08	0.9	0.54	0.8	0.64
Treasury Stock	-0.75	-0.82	-0.35	-0.83	-0.76	-0.79	-0.17	-0.56	-0.76	-0.52	0.24	-0.78	-0.65	-0.63	-0.36	-0.78		-0.76	-0.54	-0.1	-0.73	-0.53	-0.79	-0.54
Net Tangible Assets	0.57	0.63	0.32	0.68	0.59	0.64	0.13	0.5	0.57	0.33	-0.3	0.47	0.56	0.51	0.25	0.68	-0.76		0.54	0.19	0.64	0.3	0.75	0.56
Long Term Investments	0.35	0.44	0.11	0.45	0.37	0.35	0.11	0.24	0.32	0.11	0.16	0.37	0.4	0.19	0.08	0.5	-0.54	0.54		-0.18	0.21	0.11	0.24	0.2
Short Long Term Debt	0.02	-0.07	0.2	-0.06	0.12	0.08	-0.35	0.1	0.01	-0.13	-0.44	0.04	0.16	0.2	0.23	0.08	-0.1	0.19	-0.18		0.33	0.24	0.27	0.03
Net Invested Capital	0.91	0.85	0.78	0.66	0.92	0.93	0.19	0.84	0.88	0.67	-0.6	0.78	0.9	0.94	0.68	0.9	-0.73	0.64	0.21	0.33		0.62	0.92	0.62
Cash And Equivalents	0.59	0.51	0.56	0.34	0.6	0.59	0.27	0.57	0.6	0.44	-0.41	0.55	0.63	0.61	0.56	0.54	-0.53	0.3	0.11	0.24	0.62		0.58	0.24
Net Working Capital	0.82	0.82	0.59	0.8	0.82	0.87	0.05	0.75	0.83	0.65	-0.5	0.63	0.74	0.77	0.45	0.8	-0.79	0.75	0.24	0.27	0.92	0.58		0.69
Capital Stock	0.54	0.63	0.14	0.74	0.47	0.64	-0.06	0.25	0.5	0.65	-0.24	0.35	0.48	0.48	-0.09	0.64	-0.54	0.56	0.2	0.03	0.62	0.24	0.69

Click cells to compare fundamentals

ASE Current Valuation Historical Pattern

Today, most investors in ASE Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ASE Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ASE Industrial current valuation as a starting point in their analysis.

ASE Industrial Current Valuation

Timeline

Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Competition

Predict ASE Industrial

Enterprise Value Over Time

In accordance with the recently published financial statements, ASE Industrial Holding has a Current Valuation of 172.85 B. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The current valuation for all United States stocks is significantly lower than that of the firm.

ASE Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASE Industrial's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASE Industrial could also be used in its relative valuation, which is a method of valuing ASE Industrial by comparing valuation metrics of similar companies.

ASE Industrial is currently under evaluation in current valuation category among related companies.

ASE Industrial Current Valuation Drivers

We derive many important indicators used in calculating different scores of ASE Industrial from analyzing ASE Industrial's financial statements. These drivers represent accounts that assess ASE Industrial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ASE Industrial's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	707.1B	699.7B	930.0B	823.1B	1.2T	1.3T
Enterprise Value	861.9B	851.4B	1.1T	959.6B	1.4T	1.4T

ASE Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0367
	Profit Margin	0.05 %
	Operating Margin	0.07 %
	Current Valuation	172.85 B
	Shares Outstanding	2.16 B
	Shares Owned By Institutions	6.94 %
	Number Of Shares Shorted	10.9 M
	Price To Earning	12.08 X
	Price To Book	2.56 X
	Price To Sales	0.04 X
	Revenue	581.91 B
	Gross Profit	134.93 B
	EBITDA	98.43 B
	Net Income	31.73 B
	Cash And Equivalents	10.4 B
	Cash Per Share	36.85 X
	Total Debt	179.22 B
	Debt To Equity	0.74 %
	Current Ratio	1.18 X
	Book Value Per Share	69.06 X
	Cash Flow From Operations	105.97 B
	Short Ratio	1.88 X
	Earnings Per Share	0.49 X
	Price To Earnings To Growth	1.38 X
	Target Price	10.61
	Number Of Employees	92.91 K
	Beta	1.09
	Market Capitalization	22.39 B
	Total Asset	666.58 B
	Retained Earnings	95.81 B
	Working Capital	78.11 B
	Current Asset	156.73 B
	Current Liabilities	122.7 B
	Annual Yield	0.06 %
	Five Year Return	3.37 %
	Net Asset	666.58 B

About ASE Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASE Industrial Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASE Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASE Industrial Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with ASE Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASE Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASE Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASE Stock

0.72	MU	Micron Technology Aggressive Push	Pair Corr
0.89	TSM	Taiwan Semiconductor Aggressive Push	Pair Corr

Moving against ASE Stock

0.85	WFCF	Where Food Comes	Pair Corr
0.75	U	Unity Software Aggressive Push	Pair Corr
0.71	UI	Ubiquiti Networks Earnings Call This Week	Pair Corr
0.7	WDAY	Workday Financial Report 23rd of May 2024	Pair Corr
0.61	S	SentinelOne Financial Report 6th of June 2024	Pair Corr

The ability to find closely correlated positions to ASE Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASE Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASE Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASE Industrial Holding to buy it.

The correlation of ASE Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASE Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASE Industrial Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ASE Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:

How To Invest In ASE

Details

Is ASE Stock a good investment?

Details

What is ASE Industrial's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

Check out ASE Industrial Piotroski F Score and ASE Industrial Altman Z Score analysis.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for ASE Stock analysis

When running ASE Industrial's 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 the 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 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

(0.41)

Earnings Share

0.49

Revenue Per Share

270.918

Quarterly Revenue Growth

(0.1)

Return On Assets

0.0367

The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE 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 if ASE Industrial is a good investment 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.

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Ase Industrial Holding Stock Current Valuation

ASE Industrial Holding Company Current Valuation Analysis

Enterprise Value

Market Cap + Debt

-

Cash

Current ASE Industrial Current Valuation

ASE Current Valuation Driver Correlations

ASE Current Valuation Historical Pattern

ASE Current Valuation Peer Comparison

ASE Industrial Current Valuation Drivers

ASE Fundamentals

About ASE Industrial Fundamental Analysis

Pair Trading with ASE Industrial

Moving together with ASE Stock

Moving against ASE Stock

Complementary Tools for ASE Stock analysis

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