Stocktoria

ASE Technology Holding Co., Ltd. 3711.TW

TW · Taiwan Stock Exchange · XTAI · stock · Technology · website

ASE Technology Holding Co., Ltd. statistics & valuation

Market capNT$3.21T
P / E80.2×
P / S5.0×
P / B9.4×
Net margin6.2%
FCF margin-3.7%
Net debtNT$171.2B
Enterprise value USD$107.4B
Earnings yield EBIT/EV1.5%
Return on capital8%
Graham number -81.7%NT$114.65

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (NT$114.65); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.20% 6.10% 5.40% 6.20% 2022202320242025
Gross margin (%)
20.10% 15.80% 16.30% 17.70% 2022202320242025
Operating margin (%)
12.20% 7.20% 6.80% 8.00% 2022202320242025
Return on equity (%)
20.90% 12.00% 10.10% 11.70% 2022202320242025
Shares outstanding
5.21B 5.21B 5.21B 5.21B 2022202320242025
Net debt (NT$)
NT$132.03B NT$111.93B NT$124.92B NT$171.19B 2022202320242025
Share buybacks (NT$)
NT$205.6M NT$0 NT$0 2022202320242025
Return on assets (%)
8.70% 5.30% 4.40% 4.50% 2022202320242025
Free cash flow margin (%)
5.60% 10.30% 1.50% -3.70% 2022202320242025
Debt / equity (×)
0.65× 0.61× 0.63× 0.77× 2022202320242025
EPS (NT$)
NT$13.81 NT$7.18 NT$7.23 NT$8.89 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ASE Technology Holding Co., Ltd. trades at about 70.4× earnings — above its 10-year norm (10-year range 7.2×–33.4×, median 24.5×).

7.2× 70.4×

Shaded band = 10-year range (7.2×–33.4×); dot = today's 70.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin17.7%16.3%15.8%20.1%
Operating margin8.0%6.8%7.2%12.2%
Net margin6.2%5.4%6.1%9.2%
FCF margin-3.7%1.5%10.3%5.6%
Return on assets4.5%4.4%5.3%8.7%
Return on equity11.7%10.1%12.0%20.9%
Debt / equity0.63×0.44×0.35×0.47×
Current ratio1.261.171.161.31

Computed from company filings · TW · as of 2025-12-31. Figures in TWD. Facts plus Stocktoria's own computed scores — not investment advice.