Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ASE Technology Holding Co., Ltd. (3711.TW)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$311.81 - $1,589.28$640.26
Multi-Stage$177.60 - $193.92$185.61
Blended Fair Value$412.94
Current Price$147.50
Upside179.96%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.15%8.46%5.108.596.804.101.932.412.412.542.783.47
YoY Growth---40.65%26.17%65.86%112.21%-19.79%0.09%-5.36%-8.41%-19.96%53.48%
Dividend Yield--3.56%5.72%6.05%3.96%1.80%4.11%3.51%3.03%3.58%4.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)35,219.94
(-) Cash Dividends Paid (M)23,034.58
(=) Cash Retained (M)12,185.35
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7,043.994,402.492,641.50
Cash Retained (M)12,185.3512,185.3512,185.35
(-) Cash Required (M)-7,043.99-4,402.49-2,641.50
(=) Excess Retained (M)5,141.377,782.869,543.86
(/) Shares Outstanding (M)4,407.254,407.254,407.25
(=) Excess Retained per Share1.171.772.17
LTM Dividend per Share5.235.235.23
(+) Excess Retained per Share1.171.772.17
(=) Adjusted Dividend6.396.997.39
WACC / Discount Rate7.66%7.66%7.66%
Growth Rate5.50%6.50%7.50%
Fair Value$311.81$640.26$1,589.28
Upside / Downside111.39%334.07%977.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)35,219.9437,509.2339,947.3342,543.9145,309.2648,254.3649,702.00
Payout Ratio65.40%70.32%75.24%80.16%85.08%90.00%92.50%
Projected Dividends (M)23,034.5826,377.1330,056.8834,103.5638,549.3143,428.9345,974.35

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.66%7.66%7.66%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)24,269.6424,499.6924,729.73
Year 2 PV (M)25,445.7825,930.4526,419.69
Year 3 PV (M)26,564.8527,327.4428,104.47
Year 4 PV (M)27,628.6928,691.2129,784.09
Year 5 PV (M)28,639.0630,022.3331,458.55
PV of Terminal Value (M)650,158.61681,561.52714,166.28
Equity Value (M)782,706.64818,032.64854,662.82
Shares Outstanding (M)4,407.254,407.254,407.25
Fair Value$177.60$185.61$193.92
Upside / Downside20.40%25.84%31.47%

High-Yield Dividend Screener

« Prev Page 64 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WAC.DEWacker Neuson SE2.39%$0.6066.56%
002984.SZQingdao Sentury Tire Co., Ltd.2.38%$0.5036.63%
003650.KSMichang Oil Ind .Co.,Ltd.2.38%$2,999.969.11%
008420.KSMoonbaesteel Co.,Ltd2.38%$49.9345.80%
033270.KSKorea United Pharm Inc.2.38%$452.5915.84%
2200.SRArabian Pipes Company2.38%$0.1119.59%
600916.SSChina National Gold Group Gold Jewellery Co.,Ltd.2.38%$0.1975.48%
6683.TWOKeystone Microtech Corporation2.38%$9.9865.32%
8255.TAxial Retailing Inc.2.38%$27.3926.77%
CPIN.JKPT Charoen Pokphand Indonesia Tbk2.38%$108.0046.06%
ECILC.ISEIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.2.38%$1.9955.96%
MALEE.BKMalee Group Public Company Limited2.38%$0.1027.58%
MERC4.SAMercantil Financeira S.A. - Crédito, Financiamento e Investimento2.38%$0.3033.30%
002734.SZLimin Group Co., Ltd.2.37%$0.3841.84%
0RC6.LPharma Mar, S.A.2.37%$0.7933.20%
601066.SSCSC Financial Co., Ltd.2.37%$0.6349.15%
601199.SSJiangsu Jiangnan Water Co., Ltd.2.37%$0.1330.40%
6752.TPanasonic Holdings Corporation2.37%$48.0035.05%
8732.TMoney Partners Group Co.,Ltd.2.37%$11.2256.03%
TMILL.BKT S Flour Mill Public Company Limited2.37%$0.0550.08%
000923.SZHBIS Resources Co., Ltd.2.36%$0.5062.02%
003100.KQSUN KWANG CO.,Ltd.2.36%$450.009.05%
0322.HKTingyi (Cayman Islands) Holding Corp.2.36%$0.2837.83%
092780.KSDYP Co.,Ltd2.36%$80.0413.83%
194370.KSJS Corporation2.36%$289.3014.00%
300498.SZWens Foodstuff Group Co., Ltd.2.36%$0.4033.81%
3715.TWDynamic Holding Co., Ltd.2.36%$3.0087.49%
601126.SSBeijing Sifang Automation Co.,Ltd2.36%$0.7174.03%
603167.SSBohai Ferry Group Co., Ltd.2.36%$0.2236.07%
6062.TCharm Care Corporation2.36%$29.9333.34%
6197.TSolasto Corporation2.36%$20.0442.12%
6586.TMakita Corporation2.36%$111.8037.02%
GUNA.JKGunanusa Eramandiri Tbk.2.36%$7.1827.33%
LLQ.SWLalique Group S.A.2.36%$0.8354.12%
003480.KSHanjin Heavy Industries & Construction Holdings Co., Ltd.2.35%$109.434.27%
007310.KSOtoki Corporation2.35%$9,000.8630.39%
200130.KQKolmar BNH Co., Ltd.2.35%$308.5362.12%
5263.KLSunway Construction Group Bhd2.35%$0.1363.40%
7522.TWatami Co., Ltd.2.35%$22.6923.93%
ALMOU.PAMoulinvest S.A.2.35%$0.5245.03%
AMFG.JKPT Asahimas Flat Glass Tbk2.35%$80.2525.12%
DIF.BKDigital Telecommunications Infrastructure Fund2.35%$0.2219.79%
002959.SZBear Electric Appliance Co.,Ltd.2.34%$0.9944.00%
069080.KQWebzen Inc.2.34%$303.4628.97%
2421.TWSunonwealth Electric Machine Industry Co., Ltd.2.34%$3.7151.15%
300470.SZSinoseal Holding Co., Ltd.2.34%$0.8845.78%
3031.TRACCOON HOLDINGS, Inc.2.34%$15.1438.54%
4260.SRUnited International Transportation Company2.34%$1.4533.16%
600211.SSTibet Rhodiola Pharmaceutical Holding Co.2.34%$1.0032.69%
600739.SSLiaoning Cheng Da Co., Ltd.2.34%$0.2646.23%