ASX Stock Analysis – Understanding ASE Technology Fundamentals

Shares of Semiconductors company ASE Technology climbed 5.0% this afternoon. Here are some quick facts to get you started if you are interested in the stock:

  • ASE Technology has logged a 33.2% 52 week change, compared to 27.2% for the S&P 500

  • ASX has an average analyst rating of buy and is 20.7% away from its mean target price of $8.77 per share

  • Its trailing earnings per share (EPS) is $0.46, which brings its trailing Price to Earnings (P/E) ratio to 23.0. The Technology sector's average P/E ratio is 35.0

  • The company's forward earnings per share (EPS) is $0.84 and its forward P/E ratio is 12.6

  • The company has a Price to Book (P/B) ratio of 0.15 in contrast to the Technology sector's average P/B ratio is 7.92

  • The current ratio is currently 1.3, which consists in its liquid assets divided by any liabilities due within in the next 12 months

  • ASX has reported YOY quarterly earnings growth of -40.5% and gross profit margins of 0.2%

  • ASE Technology's revenues have an average growth rate of 14.8% with operating expenses growing at 11.2%. The company's current operating margins stand at 12.1%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.