Ase Industrial Holding Stock Cash Per Share

ASX Stock  USD 9.72  0.23  2.42%   
ASE Industrial Holding fundamentals help investors to digest information that contributes to ASE Industrial's financial success or failures. It also enables traders to predict the movement of ASE Stock. The fundamental analysis module provides a way to measure ASE Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ASE Industrial stock.
Last ReportedProjected for Next Year
Cash Per Share 16.61  17.44 
Cash Per Share is likely to rise to 17.44 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

ASE Industrial Holding Company Cash Per Share Analysis

ASE Industrial's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current ASE Industrial Cash Per Share

    
  36.85 X  
Most of ASE Industrial's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASE Industrial Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ASE Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for ASE Industrial is extremely important. It helps to project a fair market value of ASE Stock properly, considering its historical fundamentals such as Cash Per Share. Since ASE Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ASE Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ASE Industrial's interrelated accounts and indicators.
0.970.780.740.980.980.420.870.990.53-0.330.810.910.940.70.93-0.750.570.350.020.910.590.820.54
0.970.640.850.950.970.390.770.970.46-0.20.770.840.860.540.92-0.820.630.44-0.070.850.510.820.63
0.780.640.210.790.720.450.940.740.6-0.490.680.840.880.940.69-0.350.320.110.20.770.560.590.13
0.740.850.210.70.790.060.430.770.19-0.060.480.530.540.090.73-0.830.680.45-0.060.660.340.80.74
0.980.950.790.70.980.390.890.980.54-0.330.820.90.930.740.9-0.760.590.370.120.920.60.820.47
0.980.970.720.790.980.350.810.970.43-0.340.780.90.930.620.94-0.780.640.350.110.930.570.860.63
0.420.390.450.060.390.350.420.40.60.010.410.360.420.510.33-0.170.130.11-0.350.190.270.05-0.06
0.870.770.940.430.890.810.420.860.65-0.410.740.830.870.860.75-0.560.50.240.10.840.570.750.25
0.990.970.740.770.980.970.40.860.6-0.260.750.840.890.660.87-0.760.570.320.010.880.60.830.5
0.530.460.60.190.540.430.60.650.60.190.270.30.410.570.22-0.190.0-0.03-0.160.310.390.28-0.14
-0.33-0.2-0.49-0.06-0.33-0.340.01-0.41-0.260.19-0.49-0.55-0.55-0.52-0.460.24-0.30.16-0.44-0.6-0.41-0.5-0.24
0.810.770.680.480.820.780.410.740.750.27-0.490.840.830.720.83-0.780.470.370.040.780.550.630.35
0.910.840.840.530.90.90.360.830.840.3-0.550.840.960.780.95-0.650.560.40.160.90.630.740.48
0.940.860.880.540.930.930.420.870.890.41-0.550.830.960.810.91-0.630.510.190.20.940.610.770.48
0.70.540.940.090.740.620.510.860.660.57-0.520.720.780.810.61-0.360.250.080.230.680.560.45-0.09
0.930.920.690.730.90.940.330.750.870.22-0.460.830.950.910.61-0.780.680.50.080.90.540.80.64
-0.75-0.82-0.35-0.83-0.76-0.78-0.17-0.56-0.76-0.190.24-0.78-0.65-0.63-0.36-0.78-0.76-0.54-0.1-0.73-0.53-0.79-0.54
0.570.630.320.680.590.640.130.50.570.0-0.30.470.560.510.250.68-0.760.540.190.640.30.750.56
0.350.440.110.450.370.350.110.240.32-0.030.160.370.40.190.080.5-0.540.54-0.180.210.110.240.2
0.02-0.070.2-0.060.120.11-0.350.10.01-0.16-0.440.040.160.20.230.08-0.10.19-0.180.330.240.270.03
0.910.850.770.660.920.930.190.840.880.31-0.60.780.90.940.680.9-0.730.640.210.330.620.920.62
0.590.510.560.340.60.570.270.570.60.39-0.410.550.630.610.560.54-0.530.30.110.240.620.580.24
0.820.820.590.80.820.860.050.750.830.28-0.50.630.740.770.450.8-0.790.750.240.270.920.580.69
0.540.630.130.740.470.63-0.060.250.5-0.14-0.240.350.480.48-0.090.64-0.540.560.20.030.620.240.69
Click cells to compare fundamentals

ASE Cash Per Share Historical Pattern

Today, most investors in ASE Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ASE Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ASE Industrial cash per share as a starting point in their analysis.
   ASE Industrial Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

ASE Common Stock Shares Outstanding

Common Stock Shares Outstanding

2.6 Billion

At this time, ASE Industrial's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, ASE Industrial Holding has a Cash Per Share of 36.85 times. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and notably higher than that of the Information Technology industry. The cash per share for all United States stocks is notably lower than that of the firm.

ASE Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASE Industrial's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASE Industrial could also be used in its relative valuation, which is a method of valuing ASE Industrial by comparing valuation metrics of similar companies.
ASE Industrial is currently under evaluation in cash per share category among its peers.

ASE Industrial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ASE Industrial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ASE Industrial's managers, analysts, and investors.
Environmental
Governance
Social

ASE Fundamentals

About ASE Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASE Industrial Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASE Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASE Industrial Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for ASE Stock Analysis

When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.