ASE Technology Holding (3711) Stock Overview
Provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
3711 Community Fair Values
Create NarrativeSee what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
ASE Technology Holding Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$691.00 |
| 52 Week High | NT$729.00 |
| 52 Week Low | NT$162.50 |
| Beta | 1.57 |
| 1 Month Change | 17.72% |
| 3 Month Change | 5.82% |
| 1 Year Change | 295.99% |
| 3 Year Change | 533.95% |
| 5 Year Change | 514.22% |
| Change since IPO | 760.52% |
Recent News & Updates
Narrative Update • Sep 10
3711: Future Returns Will Rely On Stable Margins And Panel Packaging
Analysts have modestly raised their price target for ASE Technology Holding to NT$707.47 from NT$692.74, reflecting updated views on fair value, profit margin assumptions, and future P/E expectations, while keeping the discount rate unchanged. What's in the News ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026, providing updated expectations for revenue and operating margin performance.Narrative Update • Aug 21
3711: Future Returns Will Rely On Panel Packaging And Higher Margins
Analysts have lifted their fair value estimate for ASE Technology Holding from about NT$536.53 to around NT$692.74, citing updated assumptions for revenue growth, profit margins and a slightly lower discount rate, along with a revised future P/E outlook. What's in the News for ASE Technology Holding ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026.
Narrative Update • Aug 07
3711: Future Panel-Level Packaging Ramp Will Likely Leave Shares Overstretched
Analysts have updated their price target for ASE Technology Holding to NT$455.77 from NT$384.47, citing revised assumptions for revenue growth, profit margin and future P/E as key drivers of the new valuation. What's in the News ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026, indicating that consolidated revenue in NT dollar terms is expected to grow by 21% to 22% quarter over quarter.Recent updates
Narrative Update • Sep 10
3711: Future Returns Will Rely On Stable Margins And Panel Packaging
Analysts have modestly raised their price target for ASE Technology Holding to NT$707.47 from NT$692.74, reflecting updated views on fair value, profit margin assumptions, and future P/E expectations, while keeping the discount rate unchanged. What's in the News ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026, providing updated expectations for revenue and operating margin performance.Narrative Update • Aug 21
3711: Future Returns Will Rely On Panel Packaging And Higher Margins
Analysts have lifted their fair value estimate for ASE Technology Holding from about NT$536.53 to around NT$692.74, citing updated assumptions for revenue growth, profit margins and a slightly lower discount rate, along with a revised future P/E outlook. What's in the News for ASE Technology Holding ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026.Narrative Update • Aug 07
3711: Future Panel-Level Packaging Ramp Will Likely Leave Shares Overstretched
Analysts have updated their price target for ASE Technology Holding to NT$455.77 from NT$384.47, citing revised assumptions for revenue growth, profit margin and future P/E as key drivers of the new valuation. What's in the News ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026, indicating that consolidated revenue in NT dollar terms is expected to grow by 21% to 22% quarter over quarter.Narrative Update • Jul 24
3711: Future Panel-Level Packaging Expansion Will Likely Leave Shares Overstretched
ASE Technology Holding's updated analyst price target has shifted from around NT$169 to roughly NT$384. Analysts point to revised assumptions for revenue growth, profit margins and future P/E as the key drivers behind the new view.
Narrative Update • Jul 10
3711: Panel-Level Packaging Shift Will Support Future AI And HPC Upside
Analysts have revised their fair value estimate for ASE Technology Holding from NT$750.00 to NT$840.00, citing updated assumptions for revenue growth, profit margin and future P/E, which modestly adjust their long term outlook for the stock. What's in the News for ASE Technology Holding Advanced Semiconductor Engineering Inc., part of ASE Technology Holding, announced an automated 310 mm × 310 mm panel-level packaging production line designed to allow a shift from wafer-level to panel-level packaging while keeping design rules consistent across FOCoS and FOCoS-Bridge platforms.Narrative Update • Jun 26
3711: Panel-Level Packaging Expansion Will Support Future AI And HPC Upside
ASE Technology Holding's analyst fair value estimate has shifted from NT$340.00 to NT$750.00. Analysts cite revised assumptions for revenue growth, profit margins, discount rate and future P/E as key drivers of the updated price target framework.Narrative Update • Jun 09
3711: Future Returns Will Rely On Panel Packaging While P/E Stays Rich
Analysts have maintained their NT$536.53 price target for ASE Technology Holding, indicating consistent views on fair value, discount rate, revenue growth assumptions, and profit margin expectations. What's in the News Advanced Semiconductor Engineering Inc.Narrative Update • May 25
3711: Future Returns Will Depend On Richer P/E Despite Margin Assumptions
Analysts have lifted their fair value estimate for ASE Technology Holding from about NT$365.92 to around NT$536.53, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. What's in the News ASE Technology Holding reported unaudited consolidated net revenues of TWD 61,577 million for March 2026, compared with TWD 53,748 million for March 2025 (Key Developments).Narrative Update • Apr 29
3711: Future Returns Will Rely On Elevated P/E Despite Stable Margins
Analysts have raised their fair value estimate for ASE Technology Holding from NT$352.53 to NT$365.92, citing adjustments to discount rate assumptions and a slightly higher future P/E multiple. What's in the News ASE Technology Holding reported unaudited consolidated net revenues of TWD 61,577 million for March 2026.Narrative Update • Apr 09
3711: Future Returns Will Depend On Sustained High P/E Despite Margin Risks
Analysts have raised their NT$ price target for ASE Technology Holding to reflect updated fair value estimates of around NT$352.53, compared with about NT$346.42 previously. The revision is supported by updated assumptions regarding discount rates, revenue growth, profit margins, and forward P/E levels.Narrative Update • Mar 26
3711: Future Returns Will Depend On Stable Margins And Sustained Elevated P/E
Analysts have nudged their price target on ASE Technology Holding slightly higher to NT$346.42 from NT$343.64, reflecting small adjustments to fair value assumptions, the discount rate, and the expected future P/E. Valuation Changes Fair Value: NT$343.64 to NT$346.42, a small upward adjustment based on refreshed inputs.Narrative Update • Mar 11
3711: Future Returns Will Rely On Stable Margins Supporting Elevated P/E
Analysts have modestly adjusted their view on ASE Technology Holding, with the average price target moving from about NT$342 to about NT$344. This reflects updated assumptions around discount rate, fair value and expected future P/E levels.Narrative Update • Feb 25
3711: Future Returns Will Depend On Sustained Margins Supporting Elevated P/E
Analysts have nudged their price target for ASE Technology Holding higher to NT$341.97, reflecting slightly lower assumed discount rates and steady expectations for revenue growth, profit margins, and future P/E. Valuation Changes Fair Value: NT$341.97 remains unchanged, indicating no adjustment to the central value estimate.Narrative Update • Feb 11
3711: Fair Pricing Will Rely On Stronger Margins And Higher Future P/E
Analysts have lifted their fair value estimate for ASE Technology Holding from about $270 to roughly $342, citing updated assumptions for slightly faster revenue growth, improved profit margins, a lower discount rate, and a higher future P/E multiple. Valuation Changes Fair Value Estimate increased from NT$269.54 to NT$341.97, a sizable uplift in the implied long-term valuation anchor.Narrative Update • Jan 27
3711: Modest Multiple Assumptions Will Sustain Overvaluation Despite Steady Margins
Analysts have nudged their price target for ASE Technology Holding higher, with fair value moving from US$266.76 to US$269.54. This reflects updated views on its discount rate, revenue growth, profit margin and expected future P/E.Narrative Update • Jan 12
3711: Penang Manufacturing Deal Will Support Steady Margins With Measured Outlook
Analysts now see higher upside for ASE Technology Holding, lifting their price target by about US$14 per share, as small adjustments to fair value estimates, discount rates, revenue growth, profit margin and future P/E assumptions feed into a modestly richer outlook for the stock. What's in the News ASE Technology Holding and Analog Devices Inc.Narrative Update • Dec 19
3711: Penang Facility Partnership Will Support Steady Margins With Balanced Outlook
Analysts have marginally raised their price target on ASE Technology Holding, reflecting an improved fair value estimate of approximately 252 dollars from about 250 dollars. This change is supported by slightly higher projected profit margins and a modestly richer future earnings multiple, despite largely unchanged growth expectations and a slightly higher discount rate.Narrative Update • Dec 05
3711: Penang Facility Acquisition Will Support Steady Operations With Balanced Outlook
Analysts have modestly raised their price target on ASE Technology Holding to about $249.69, up roughly $3.53. This change reflects slightly lower perceived risk, steady growth expectations, and a marginally higher assumed future earnings multiple.Narrative Update • Nov 21
3711: Penang Facility Acquisition And Long-Term Supply Deal Will Drive Upside
Analysts have increased their price target for ASE Technology Holding from $239.69 to $246.16. This reflects modestly improved outlooks for fair value and future price-to-earnings ratios in the latest assessment.Narrative Update • Nov 06
3711: Global Expansion And Facility Acquisition Will Support Balanced Performance Ahead
Analysts have raised their price target for ASE Technology Holding from $176.29 to $239.69. They cite improved outlooks for revenue growth and profit margins as key drivers behind this more optimistic valuation.Narrative Update • Oct 23
Analysts Lift ASE Technology Price Target Amid Acquisition News and Stronger Growth Forecasts
Narrative Update: ASE Technology Holding Analyst Price Target Revision Analysts have raised their price target for ASE Technology Holding from $172.76 to $176.29. They cite expectations of improved revenue growth and profit margins as reasons for the revision.
New Narrative • Nov 07
Expanding Operations And Decisive Partnerships Propel Future Growth In Advanced Packaging
Shifts towards advanced packaging and testing services are expected to boost revenue and improve gross margins due to higher service complexity.Shareholder Returns
| 3711 | TW Semiconductor | TW Market | |
|---|---|---|---|
| 7D | 16.7% | 5.1% | 4.0% |
| 1Y | 296.0% | 112.6% | 82.4% |
Return vs Industry: 3711 exceeded the TW Semiconductor industry which returned 112.6% over the past year.
Return vs Market: 3711 exceeded the TW Market which returned 82.4% over the past year.
Price Volatility
| 3711 volatility | |
|---|---|
| 3711 Average Weekly Movement | 9.6% |
| Semiconductor Industry Average Movement | 9.0% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in TW Market | 11.0% |
| 10% least volatile stocks in TW Market | 2.4% |
Stable Share Price: 3711's share price has been volatile over the past 3 months compared to the TW market.
Volatility Over Time: 3711's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of TW stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | n/a | Richard Chang | www.aseglobal.com |
ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications.
ASE Technology Holding Co., Ltd. Fundamentals Summary
| 3711 fundamental statistics | |
|---|---|
| Market cap | NT$2.92t |
| Earnings (TTM) | NT$60.78b |
| Revenue (TTM) | NT$711.21b |
50.0x
P/E Ratio4.3x
P/S RatioIs 3711 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3711 income statement (TTM) | |
|---|---|
| Revenue | NT$711.21b |
| Cost of Revenue | NT$572.63b |
| Gross Profit | NT$138.58b |
| Other Expenses | NT$77.80b |
| Earnings | NT$60.78b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 13.82 |
| Gross Margin | 19.49% |
| Net Profit Margin | 8.55% |
| Debt/Equity Ratio | 68.2% |
How did 3711 perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield65%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/22 15:01 |
| End of Day Share Price | 2026/09/22 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ASE Technology Holding Co., Ltd. is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stefan Chang | Aletheia Analyst Network Limited |
| S. H. Lin | Aletheia Analyst Network Limited |
| Andrew Lu | Barclays |