QM · rank #6 · 2026-10-23
ASX
NYSE · $89.65B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +275.47% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +17.0% |
| Profit margin Net profit margin, trailing 12 months. | +8.6% |
| Market cap (USD) Size filter: > $500M required. | $89.65B |
| Anchor (recent) Close on 2026-09-23 | $43.93 |
| Anchor (far) Close on 2025-09-23 | $11.70 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
ASE Industrial Holding (ASX) is the world's largest outsourced semiconductor assembly and test provider, generating ~65% of revenue from ATM operations with rapidly growing exposure to AI/HPC advanced packaging via its LEAP platform.
Rationale
The momentum_12_1 of 2.75 is directly anchored in fundamental acceleration—3Q26 revenue +44.8% YoY and ATM +51%—while ROE of 17% and improving operating margins confirm the quality screen is capturing real earnings power, not multiple expansion alone.
Material risks
- 1Amkor and TSMC are actively expanding competing advanced-packaging capacity and customer partnerships, which threatens the durability of ASE's capacity-scarcity premium and could erode the pricing power underpinning current margin expansion.
- 2Earnings are reported 6 days post as-of-date (October 29, 2026), creating binary event risk where any guidance miss or capex ROI concern on the US$10.5B spend could sharply reverse momentum in a name trading on AI-cycle optimism.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.