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AMKR · NasdaqGS

Amkor Technology, Inc.

Semiconductor Equipment & Materials · United States

USD 38.1010.5% daily changeQuote 2026-11-11 · USD
Market cap (USD)
US$9.44B
Trailing P/E
15.36x
Forward P/E
13.73x
Quarterly revenue growth
0.2%
Trailing net margin
8.3%
Indicated dividend yield
0.9%

Snapshot 2026-11-11 · Latest financial period 2026-09-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Company background

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, burn-in, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage. The company provides wafer-level CSP packages for power management, transceivers, sensors, wireless charging, codecs, and specialty silicon; wafer-level fan-out packages used in power management, transceivers, radar, and specialty silicon; silicon wafer integrated fan-out technology that replaces a laminate substrate with a thinner structure; leadframe packages for electronic devices and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate. In addition, it offers micro-electro-mechanical systems packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. Further, the company provides wafer, package, and system level test services, as well as burn-in test and test development services. It serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.

Company website

Q3 2026

Go beyond the headline.

AMKR Stock: Flat Sales, Higher Profit — When Does Cash Catch Up? | Q3 2026

Published 2026-10-26

Q3 2026 REPORT HIGHLIGHTS

What’s changed for AMKR

Amkor earns more on nearly flat sales, but capital spending still outruns operating cash; mix, utilization and investment returns determine the value.

  1. More profit without more sales.

    Revenue rose only0.2%, while attributable earnings rose 50.6%; consolidated margin explains the change.

  2. The mix broadens.

    Computing reached26% of revenue and auto/industrial22%, offsetting weaker communications.

  3. The prior guide was mixed.

    Revenue and EPS landed inside July ranges, but 18.3% gross margin missed the18.5% floor.

  4. Cash investment still leads.

    Nine-month cash PP&E exceeded operating cash by $368M under our simple FCF definition.

  5. The spending ceiling narrows.

    FY2026 capex guidance is now≈$2.5B; returns on that investment remain the valuation test.

Comparable businesses

AMKR peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricAMKRAmkor Technology, Inc.Snapshot 2026-11-11Financial period: 2026-09-30NVMINova Ltd.Snapshot 2026-11-11Financial period: 2026-09-30FORMFormFactor, Inc.Snapshot 2026-11-11Financial period: 2026-09-26Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$9.44BUS$10.83BUS$7.49BUS$9.16Bn=2
Forward P/EProvider forward earnings estimate13.73x24.54x22.30x23.42xn=2
EV / EBITDAEnterprise value / trailing EBITDA6.31x30.99x25.19x28.09xn=2
Revenue growthLatest quarter vs prior-year quarter0.2%28.2%38.4%33.3%n=2
Operating marginLatest reported quarter9.5%30.1%22.0%26.1%n=2
Free cash flow yieldTrailing cash flow / market cap-6.3%1.4%2.1%1.8%n=2
Net debt / EBITDANet debt / trailing EBITDA0.24x-0.85x-1.46x-1.15xn=2
Debt / equityTotal debt / positive book equity0.56x0.53x0.02x0.28xn=2
Trailing P/ETrailing twelve-month earnings15.36x39.02x43.94x41.48xn=2
Price / bookPrice / positive book equity per share1.97x7.17x6.36x6.76xn=2
EV / salesEnterprise value / trailing revenue1.20x10.08x6.47x8.28xn=2
Earnings growthLatest quarter vs prior-year quarter49.0%38.9%365.0%201.9%n=2
Gross marginTrailing twelve months16.6%57.4%50.2%53.8%n=2
Net marginTrailing twelve months8.3%29.9%17.7%23.8%n=2
Return on equityProvider trailing return; positive equity only13.6%22.3%15.8%19.1%n=2
Free cash flow marginTrailing free cash flow / revenue-7.9%15.2%16.4%15.8%n=2
Dividend yieldIndicated annual dividend / price0.9%———
Earnings payoutProvider trailing dividend payout13.5%0.0%0.0%0.0%n=2
Current ratioCurrent assets / current liabilities2.17x6.21x3.68x4.95xn=2
BetaProvider historical market sensitivity2.401.881.281.58n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-11-11. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for AMKR

All available reporting periods
Q3 20262026-10-26
Q2 20262026-07-28
Q1 20262026-04-28

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.