Warning: This security is no longer trading. Advanced Semiconductor Engineering and Siliconware Precision Industries have finally received all anti-trust approvals for the proposed and long-awaited merger
ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) (ASX): Price and Financial Metrics
ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) (ASX) Company Bio
Advanced Semiconductor Engineering, Inc. provides semiconductor packaging and testing services in the United States, Taiwan, Asia, Europe, and internationally. It operates through Packaging, Testing, and Electronic Manufacturing Services (EMS) segments. The company was founded in 1984 and is based in Kaohsiung, Taiwan.
ASX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ASE Technology Holding Co Ltd. To summarize, we found that ASE Technology Holding Co Ltd ranked in the 100th percentile in terms of potential gain offered. Our DCF analysis implies the stock could yield a return of 70292.5% if fairly valued; such returns are always unlikely, though, so further investigation is likely warranted. As for the metrics that stood out in our discounted cash flow analysis of ASE Technology Holding Co Ltd, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 69. Notably, its equity weight is greater than only 22.82% of US equities in the Technology sector yielding a positive free cash flow.
ASE Technology Holding Co Ltd's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 18.08% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ASX, try TRCK, SGMA, TDOC, PRSP, and SEDG.