QM · rank #6 · 2026-10-26
ASX
NYSE · $89.65B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +296.69% |
|---|---|
| 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 2026-09-25 | $44.31 |
| Anchor (far) Close on 2025-09-26 | $11.17 |
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 is the world's largest outsourced semiconductor assembly and test provider, generating ~65% of revenue from ATM services with rapidly accelerating demand from AI/HPC advanced packaging (LEAP).
Rationale
The momentum_12_1 of 2.97 is directly supported by fundamental acceleration—3Q26 revenue +44.8% YoY, ATM +51%, operating profit +107%—while ROE of 17% and improving 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, threatening the capacity-scarcity premium that is driving ASE's current pricing power and margin expansion.
- 2Earnings are reported 3 days after the as-of-date (October 29, 2026), creating binary event risk on a name trading at elevated momentum multiples where any guidance miss or capex ROI concern could sharply reverse the signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.