ASE Technology Holding (3711) Earnings: May Sales Reach NT$49.03 Billion with 3.2% Growth

ASE Technology Holding on Smartkarma

ASE Technology Holding has garnered mixed analyst coverage on Smartkarma. Vincent Fernando, CFA, leans bearish, citing concerns over global slowdown risks, non-cheap valuation, and limited exposure to AI and advanced packaging drivers. Although LEAP packaging and AI testing are scaling up, they represent only a small portion of revenue. Patrick Liao, on the other hand, offers a more optimistic view, anticipating slight upside in 2Q25 despite uncertainties in the second half due to tariffs. Liao highlights growth in OSAT revenue and strong high-end demand, tempered by declines in EMS revenue and ongoing inventory corrections.

Overall, the analyst sentiment on ASE Technology Holding appears to be divided, with cautious outlooks based on macroeconomic factors and valuation considerations balanced against expectations of growth and market opportunities. Investors may need to weigh these differing viewpoints in their decision-making process regarding ASE’s potential performance and strategic positioning in the semiconductor industry.

A look at ASE Technology Holding Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ASE Technology Holding Co., Ltd. has received mixed feedback on its long-term outlook according to Smartkarma Smart Scores. The company scored a 3 for Value, indicating a neutral stance on its current valuation. In contrast, ASE Technology Holding scored a respectable 4 for Dividend, suggesting a promising income-generating potential for investors. The Growth score of 3 reflects a moderate growth prospect for the company. However, its Resilience score of 2 raises concerns about its ability to withstand economic challenges. On a positive note, the Momentum score of 4 suggests a strong upward trend in the company’s performance.

ASE Technology Holding Co., Ltd. is known for offering assembly and testing services in Taiwan. The company specializes in outsourced assembly, semiconductor testing, packaging, and related services. With a combination of average value and growth scores, investors may find ASE Technology Holding a reliable dividend-paying option. While there are some resilience concerns, the company’s strong momentum score indicates a potential for sustained positive performance over the long term.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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