ASE Technology Holding Co (TPE:3711) EV-to-EBITDA: 21.48 (As of Aug. 30, 2026) — 222% Above Median

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TPE:3711 ASE Technology Holding Co Ltd TPE:3711
66 GF Score
Price NT$621.00
GF Value NT$195.04
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is ASE Technology Holding Co EV-to-EBITDA?

ASE Technology Holding Co TPE:3711 +2.64% 66 EV-to-EBITDA is 21.48 as of Aug. 30, 2026, which is 222% above its 10-year median of 6.67. GuruFocus rates TPE:3711 with a GF Score™ of 66/100 and a GF Value™ of NT$195.04 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 773 Semiconductors companies, ASE Technology Holding Co ranks worse than 50.06% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ASE Technology Holding Co's enterprise value is NT$3,405,768 Mil. ASE Technology Holding Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$158,520 Mil. Therefore, ASE Technology Holding Co's EV-to-EBITDA for today is 21.48.

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

TPE:3711' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.13   Med: 6.67   Max: 21.8
Current: 21.48

During the past 13 years, the highest EV-to-EBITDA of ASE Technology Holding Co was 21.80. The lowest was 3.13. And the median was 6.67.

TPE:3711's EV-to-EBITDA is ranked worse than
50.06% of 773 companies
in the Semiconductors industry
Industry Median: 21.48 vs TPE:3711: 21.48

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-30), ASE Technology Holding Co's stock price is NT$621.00. ASE Technology Holding Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$13.340. Therefore, ASE Technology Holding Co's PE Ratio (TTM) for today is 46.55.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


ASE Technology Holding Co  (TPE:3711) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

ASE Technology Holding Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=621.00/13.340
=46.55

ASE Technology Holding Co's share price for today is NT$621.00.
ASE Technology Holding Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$13.340.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


ASE Technology Holding Co EV-to-EBITDA Related Terms


ASE Technology Holding Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ASE Technology Holding Co's EV-to-EBITDA 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.

ASE Technology Holding Co EV-to-EBITDA Chart

ASE Technology Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.42 3.87 6.63 7.77 10.17

ASE Technology Holding Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial 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 7.22 8.04 10.17 11.70 20.25

TPE:3711 vs NVDA, AVGO, MU: EV-to-EBITDA Comparison

For the Semiconductors subindustry, ASE Technology Holding Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Semiconductors Industry

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

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


TPE:3711
66GF Score
ASE Technology Holding Co Ltd TPE:3711
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASE Technology Holding Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3405767.661/158519.863
=21.48

ASE Technology Holding Co's current Enterprise Value is NT$3,405,768 Mil.
ASE Technology Holding Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$158,520 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 21.48 mean?
ASE Technology Holding Co (TPE:3711) has a EV-to-EBITDA of 21.48 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ASE Technology Holding Co. This is 222% above median its historical median of 6.67. Over the past decade, ASE Technology Holding Co's EV-to-EBITDA has ranged from 3.13 to 21.80. According to the industry distribution chart, ASE Technology Holding Co ranks #387 out of 773 companies in the Semiconductors industry, placing it in the top 50.1%.
Is ASE Technology Holding Co's EV-to-EBITDA too high?
ASE Technology Holding Co's current EV-to-EBITDA of 21.48 is 222% above median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 21.80. The Semiconductors industry median EV-to-EBITDA is 21.48. ASE Technology Holding Co's value of 21.48 is 0% at this industry median. Based on the distribution chart, ASE Technology Holding Co ranks #387 out of 773 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASE Technology Holding Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASE Technology Holding Co's EV-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASE Technology Holding Co ranks #387 out of 773 companies for EV-to-EBITDA. This places ASE Technology Holding Co in the lower half of its industry. The industry median EV-to-EBITDA is 21.48. ASE Technology Holding Co's value of 21.48 is 0% at this benchmark. Historically, ASE Technology Holding Co's own EV-to-EBITDA has ranged from 3.13 to 21.80 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 21.48, ASE Technology Holding Co has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 21.48, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASE Technology Holding Co's current EV-to-EBITDA of 21.48 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ASE Technology Holding Co. For the Semiconductors industry, the median EV-to-EBITDA is 21.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASE Technology Holding Co's current EV-to-EBITDA is 21.48, which is 222% above median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASE Technology Holding Co stock overvalued right now?
Based on GuruFocus' analysis, ASE Technology Holding Co (TPE:3711) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$195.04, compared to a current price of NT$621.00 — trading 218.4% above its estimated fair value. The current EV-to-EBITDA is 21.48, which is 222% above median its 10-year median of 6.67 and 0% at the Semiconductors industry median of 21.48. ASE Technology Holding Co's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For ASE Technology Holding Co (TPE:3711), the current EV-to-EBITDA is 21.48 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASE Technology Holding Co (TPE:3711) Overvalued in 2026?

Based on GuruFocus' analysis, ASE Technology Holding Co stock appears to be overvalued. The current stock price of NT$621.00 is trading 218.4% above its estimated GF Value™ of NT$195.04. GuruFocus considers ASE Technology Holding Co to be Significantly Overvalued.

Key valuation signals for TPE:3711:

  • EV-to-EBITDA: 21.48 (222% above median its 10-year median of 6.67)
  • GF Value™: NT$195.04 vs. price of NT$621.00 (218.4% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 0% at the Semiconductors median (#387 of 773)

No single metric tells the full story. See the TPE:3711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASE Technology Holding Co Business Description

Address No. 26, Chin Third Road, Nantze Export Processing Zone, Nanzih District, Kaoshiung, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, Electronic Manufacturing Services and others. Of these, Packaging segment contribute the maximum revenue. The packaging segment 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 manufactures, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but generates over half its sales from firms in the United States.
66GF Score

Get the complete analysis for TPE:3711

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$621.00
Price
NT$195.04
GF Value