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ASE Technology Holding Co (ASE Technology Holding Co) EV-to-EBIT

: 16.81 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ASE Technology Holding Co's Enterprise Value is $26,296 Mil. ASE Technology Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,564 Mil. Therefore, ASE Technology Holding Co's EV-to-EBIT for today is 16.81.

The historical rank and industry rank for ASE Technology Holding Co's EV-to-EBIT or its related term are showing as below:

ASX' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.93   Med: 12.86   Max: 20.8
Current: 15.55

During the past 13 years, the highest EV-to-EBIT of ASE Technology Holding Co was 20.80. The lowest was 4.93. And the median was 12.86.

ASX's EV-to-EBIT is ranked better than
66.62% of 665 companies
in the Semiconductors industry
Industry Median: 23.29 vs ASX: 15.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ASE Technology Holding Co's Enterprise Value for the quarter that ended in Dec. 2023 was $24,366 Mil. ASE Technology Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,564 Mil. ASE Technology Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.42%.


ASE Technology Holding Co EV-to-EBIT Historical Data

The historical data trend for ASE Technology Holding Co's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ASE Technology Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.27 12.88 7.32 6.37 14.53

ASE Technology Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.37 7.97 9.09 11.33 14.53

Competitive Comparison

For the Semiconductors subindustry, ASE Technology Holding Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ASE Technology Holding Co EV-to-EBIT Distribution

For the Semiconductors industry and Technology sector, ASE Technology Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ASE Technology Holding Co's EV-to-EBIT falls into.



ASE Technology Holding Co EV-to-EBIT Calculation

ASE Technology Holding Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26296.033/1563.936
=16.81

ASE Technology Holding Co's current Enterprise Value is $26,296 Mil.
ASE Technology Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,564 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ASE Technology Holding Co  (NYSE:ASX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ASE Technology Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1563.936/24365.9554
=6.42 %

ASE Technology Holding Co's Enterprise Value for the quarter that ended in Dec. 2023 was $24,366 Mil.
ASE Technology Holding Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,564 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ASE Technology Holding Co EV-to-EBIT Related Terms

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ASE Technology Holding Co (ASE Technology Holding Co) Business Description

Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.