Defensive investors who need a safe bet on semiconductors ought to add Advanced Semiconductor Engineering (NYSE:ASX) to their portfolio. I discovered the inherent great value of this Taiwanese company through Alpha Omega Mathematica (AOM). The high-math valuation system of AOM rates ASX as a Strong Buy. The aggregate score of 93% of ASX is due to its excellent Value and Momentum indicators.
Compared to its market, sector, and industry peers, ASX is underpriced. Advanced Semiconductor Engineering has lower TTM and Forward P/E, PEG, P/S, P/B and P/Cash ratios. It also pays a higher dividend rate than its peers in the technology sector and Semiconductor Equipment and Materials industry.
The valuation engine of Alpha Omega Mathematica...
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