Ase Industrial Holding Stock Today
| ASX Stock | USD 10.32 0.14 1.38% |
Performance4 of 100
| Odds Of DistressLess than 6
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ASE Industrial is trading at 10.32 as of the 24th of April 2024; that is 1.38% increase since the beginning of the trading day. The stock's open price was 10.18. ASE Industrial has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for ASE Industrial Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 15th of December 1995 | Category Technology | Classification Information Technology |
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. The company has 2.16 B outstanding shares of which 11.32 M shares are presently shorted by investors with about 1.41 days to cover. More on ASE Industrial Holding
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ASE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ASE Industrial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ASE Industrial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | ShihKang Hsu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NYSE Composite, SPASX 300, SPASX 200 Accumulated, SPASX All Australian, SPASX 100, SPASX 50, Australia All Ordinaries, SPASX 200, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering ASE Industrial report their recommendations after researching ASE Industrial's financial statements, talking to executives and customers, or listening in on ASE Industrial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ASE Industrial Holding. The ASE consensus assessment is calculated by taking the average forecast from all of the analysts covering ASE Industrial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of ASE Industrial's profitability, liquidity, and operating efficiency, ASE Industrial Holding may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of ASE Industrial Holding is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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ASE Industrial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ASE Industrial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ASE Industrial's financial leverage. It provides some insight into what part of ASE Industrial's total assets is financed by creditors.
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ASE Industrial Holding (ASX) is traded on New York Stock Exchange in USA. It is located in 26, Chin 3rd Road, Kaohsiung, Taiwan, 811 and employs 92,908 people. ASE Industrial is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 21.98 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 those looking for more risk prefer small-cap and mid-cap equities. ASE Industrial Holding runs under Semiconductors & Semiconductor Equipment sector within Information Technology industry. The entity has 2.16 B outstanding shares of which 11.32 M shares are presently shorted by investors with about 1.41 days to cover.
ASE Industrial Holding has about 10.4 B in cash with 105.97 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.85, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ASE Industrial Probability Of Bankruptcy
Ownership AllocationASE Industrial holds a total of 2.16 Billion outstanding shares. Almost 93.0 percent of ASE Industrial outstanding shares are held by general public with 6.94 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ASE Ownership Details
ASE Stock Price Odds Analysis
Based on a normal probability distribution, the odds of ASE Industrial jumping above the current price in 90 days from now is about 45.46%. The ASE Industrial Holding probability density function shows the probability of ASE Industrial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6543. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ASE Industrial will likely underperform. Additionally, aSE Industrial Holding has an alpha of 0.0611, implying that it can generate a 0.0611 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ASE Industrial to move above the current price in 90 days from now is about 45.46 (This ASE Industrial Holding probability density function shows the probability of ASE Stock to fall within a particular range of prices over 90 days) .
ASE Stock Institutional Holders
Institutional Holdings refers to the ownership stake in ASE Industrial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ASE Industrial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ASE Industrial's value.| Instituion | Recorded On | Shares | |
| Rafferty Asset Management, Llc | 2023-12-31 | 3.9 M | |
| Cullen Capital Management, Llc | 2023-12-31 | 2.9 M | |
| Envestnet Asset Management Inc | 2023-12-31 | 2.7 M | |
| Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 2.6 M | |
| Natixis Advisors, Llc. | 2023-12-31 | 2.4 M | |
| Barclays Plc | 2023-12-31 | 2.4 M | |
| Sei Investments Co | 2023-12-31 | 1.9 M | |
| American Century Companies Inc | 2023-12-31 | 1.7 M | |
| Crossmark Global Holdings, Inc. | 2023-12-31 | 1.7 M | |
| Lazard Asset Management Llc | 2023-12-31 | 20.7 M | |
| Fisher Asset Management, Llc | 2023-12-31 | 17.3 M |
ASE Industrial Historical Income Statement
ASE Industrial Holding Income Statement is one of the three primary financial statements used for reporting ASE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ASE Industrial Holding revenue and expense. ASE Industrial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ASE Industrial's Selling And Marketing Expenses is fairly stable compared to the past year. View More FundamentalsASE Stock Against Markets
Picking the right benchmark for ASE Industrial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ASE Industrial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ASE Industrial is critical whether you are bullish or bearish towards ASE Industrial Holding at a given time. Please also check how ASE Industrial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ASE Industrial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ASE Industrial Corporate Directors
ASE Industrial corporate directors refer to members of an ASE Industrial board of directors. The board of directors generally takes responsibility for the ASE Industrial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ASE Industrial's board members must vote for the resolution. The ASE Industrial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Freddie Liu | Director | Profile | |
| Tien Wu | Group Chief Operating Officer, Director | Profile | |
| TaLin Hsu | Independent Director | Profile | |
| Peter Warne | Independent Non-Executive Director | Profile |
How to buy ASE Stock?
Before investing in ASE Industrial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ASE Industrial. To buy ASE Industrial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ASE Industrial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ASE Industrial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ASE Industrial Holding stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ASE Industrial Holding stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ASE Industrial Holding, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ASE Stock please use our How to Invest in ASE Industrial guide.
Already Invested in ASE Industrial Holding?
The danger of trading ASE Industrial Holding is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASE Industrial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASE Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASE Industrial Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 0.5 | 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.