ASE Technology Holding (3711) Earnings: September Sales Surge 9% to NT$60.56 Billion

ASE Technology Holding on Smartkarma

Analysts on Smartkarma have provided mixed coverage on ASE Technology Holding. Patrick Liao‘s report titled “ASEH (3711.TT): FX Impact; AI Gains Attention; 3Q25 Grows, but GM and OPM Decline QoQ.” indicates expectations of revenue growth in Q3 but with declining margins. Despite an AI boom, ASEH sticks to its advanced packaging guidance, aiming for long-term success through alignment with foundries.

On the contrary, Vincent Fernando, CFA, in his report “ASE Technology: Demand Pull-Ins and Tariff Fears Create an Uneven Outlook for Backend Services,” expresses a bearish sentiment, rating ASE Neutral. Concerns include global slowdown risks, valuation, and limited exposure to AI/advanced packaging drivers. The report notes that while LEAP and AI testing are scaling, ASE’s reliance on mature chip markets poses vulnerabilities amid economic uncertainties.

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., a company based in Taiwan, offers assembly and testing services in the semiconductor industry. With balanced Smartkarma Smart Scores across Value, Dividend, Growth, Resilience, and Momentum, ASE Technology Holding is positioned for a stable long-term outlook. A score of 3 in Value, Dividend, Growth, and Resilience indicates a solid foundation and consistent performance in these areas. Additionally, a score of 4 in Momentum suggests the company is showing strong positive market trends, which could contribute to its overall growth potential.

In conclusion, ASE Technology Holding’s Smart Scores paint a picture of a company with a steady performance across key factors and a promising momentum in the market. As the company continues to provide assembly and testing services in the semiconductor sector, its overall outlook appears favorable for long-term investors seeking a balanced investment opportunity.

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.
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