Recent News
June 16, 2026 — Amkor announced a long-term partnership with TSMC to accelerate advanced packaging initiatives in the United States.
July 23, 2026 — Amkor disclosed a strategic partnership with NVIDIA to expand advanced packaging and test capabilities for next‑generation AI infrastructure.
June 8, 2026 — The company concluded its 2026 Investor Day and participated in a Nasdaq closing bell ceremony, highlighting its U.S. expansion plans.
August 12, 2026 — Board approved a quarterly cash dividend of $0.08352 per share.
Technical Analysis
ADX / DI+ / DI-: ADX at 19.5 indicates no clear trend; DI- sits at 33.49 and is increasing, signaling prevailing downside directional pressure, while DI+ registered a dip-and-reversal to 22.85, signaling emerging bullish participation. The juxtaposition suggests a short-term tug‑of‑war where sellers currently hold nominal control but buyers show early re-entry, which limits conviction for trend-following moves against the valuation backdrop.
MACD: MACD reads -3.39 with a dip-and-reversal trend and sits marginally above the signal line (-3.41), representing a bullish momentum cross despite negative absolute values. That cross implies momentum bottoming and increases the likelihood of short-term mean reversion toward moving averages unless momentum rolls over again.
MRO (Momentum/Regression Oscillator): MRO at -9.99 with an increasing trajectory indicates price sits below WMDST’s target and carries upward pressure toward that target; the increasing MRO supports the MACD’s nascent bullish momentum but does not negate the elevated valuation signal.
RSI: RSI at 41.61 with a dip-and-reversal shows recovery from a recent pullback but remains below neutral (50), consistent with limited buyer strength and room for continued accumulation before any overbought conditions develop.
Price vs. Moving Averages and Volatility: Close of $47.30 sits below the 20‑day average ($52.77), 50‑day average ($62.92), and 200‑day average ($55.66), and the 12‑day EMA trends lower at $51.16, underlining that price remains below key trend anchors. Price sits slightly below the one‑standard‑deviation lower Bollinger band ($47.82), hinting at a modest oversold condition that aligns with momentum indicators showing a recovery attempt. Short‑term volatility measures (42‑day beta 4.74, 52‑week beta 3.43) imply outsized price moves versus the market, raising execution risk for any breakout attempts.
Fundamental Analysis
Profitability and margins: EBIT stands at $220,146,000 and EBIT margin equals 11.60%; that margin increased QoQ by 71.38% and YoY by 75.26%. The EBIT margin remains below the industry peer mean of 38.23% and the industry peer median of 38.52%, indicating Amkor operates with lower relative margin capture versus peers despite strong recent improvement.
Revenue and earnings: Total revenue reached $1,897,965,000. EPS actual for the period equals $0.70 versus an estimate of $0.48, producing an EPS surprise of $0.22 or +45.83% relative to expectations. Earnings growth stands positive overall (112.12%) but shows negative QoQ movement in the most recent growth metric (earningsGrowthQoQ -314.90%), reflecting quarter-to-quarter volatility in the growth series.
Cash flow and capital spending: Operating cash flow equals $203,453,000, while free cash flow registers at -$227,334,000 and free cash flow yield at -1.32%. Capital expenditures totaled $463,820,000, representing a capex-to-revenue ratio of -24.44%, signaling heavy reinvestment into capacity. Cash plus short-term investments total $2,512,162,000 and the cash ratio equals 1.18, supporting near-term funding of expansion despite negative free cash flow.
Leverage and liquidity: Total debt stands at $2,586,539,000; debt-to-equity equals 55.62% and debt-to-EBITDA equals 6.47x, indicating meaningful leverage relative to current earnings. Current ratio sits at 2.17 and quick ratio at 1.91, both above 1.0 and within ranges that support operational liquidity during the capex cycle.
Operational efficiency: Asset turnover equals 0.2107 and compares to an industry peer mean of 0.2211, a marginal underperformance in revenue generation per asset. Cash conversion cycle stands at 44.35 days, near the lower bound of the industry peer range provided, supporting working-capital efficiency during expansion.
Valuation: WMDST values the stock as over‑valued. Key valuation metrics include a trailing PE of 99.44 and a price-to-sales ratio of 9.09, while forward PE sits near 100.32. Negative free cash flow yield and elevated capex guidance create pressure on valuation multiples despite recent operating leverage gains.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-27 |
| NEXT REPORT DATE: | 2026-10-26 |
| CASH FLOW | Begin Period Cash Flow | $ 1.2 B |
| Operating Cash Flow | $ 203.5 M | |
| Capital Expenditures | $ -463.82 M | |
| Change In Working Capital | $ -86.60 M | |
| Dividends Paid | $ -20.71 M | |
| Cash Flow Delta | $ 551.2 M | |
| End Period Cash Flow | $ 1.7 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.9 B | |
| Forward Revenue | $ 477.8 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.6 B | |
| Depreciation | $ 179.7 M | |
| Depreciation and Amortization | $ 179.7 M | |
| Research and Development | $ 39.8 M | |
| Total Operating Expenses | $ 1.7 B | |
| PROFITABILITY | ||
| Gross Profit | $ 318.6 M | |
| EBITDA | $ 399.8 M | |
| EBIT | $ 220.1 M | |
| Operating Income | $ 199.9 M | |
| Interest Income | $ 20.2 M | |
| Interest Expense | $ 17.0 M | |
| Net Interest Income | $ 3.2 M | |
| Income Before Tax | $ 203.2 M | |
| Tax Provision | $ 28.3 M | |
| Tax Rate | 13.932 % | |
| Net Income | $ 173.8 M | |
| Net Income From Continuing Operations | $ 174.9 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.48 | |
| EPS Actual | $ 0.70 | |
| EPS Difference | $ 0.22 | |
| EPS Surprise | 45.833 % | |
| Forward EPS | $ 0.71 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 9.7 B | |
| Intangible Assets | $ 17.4 M | |
| Net Tangible Assets | $ 4.6 B | |
| Total Current Assets | $ 4.6 B | |
| Cash and Short-Term Investments | $ 2.5 B | |
| Cash | $ 1.6 B | |
| Net Receivables | $ 1.4 B | |
| Inventory | $ 560.7 M | |
| Long-Term Investments | $ 526.7 M | |
| LIABILITIES | ||
| Accounts Payable | $ 880.7 M | |
| Short-Term Debt | $ 150.8 M | |
| Total Current Liabilities | $ 2.1 B | |
| Net Debt | $ 933.8 M | |
| Total Debt | $ 2.6 B | |
| Total Liabilities | $ 5.0 B | |
| EQUITY | ||
| Total Equity | $ 4.7 B | |
| Retained Earnings | $ 2.8 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 18.75 | |
| Shares Outstanding | 247.986 M | |
| Revenue Per-Share | $ 7.65 | |
| VALUATION | Market Capitalization | $ 17.3 B |
| Enterprise Value | $ 17.3 B | |
| Enterprise Multiple | 43.362 | |
| Enterprise Multiple QoQ | -2.216 % | |
| Enterprise Multiple YoY | 117.534 % | |
| Enterprise Multiple IPRWA | high: 204.721 median: 161.974 mean: 149.598 AMKR: 43.362 low: -293.876 |
|
| EV/R | 9.134 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.089 | |
| Asset To Liability | 1.932 | |
| Debt To Capital | 0.357 | |
| Debt To Assets | 0.266 | |
| Debt To Assets QoQ | 45.066 % | |
| Debt To Assets YoY | 20.61 % | |
| Debt To Assets IPRWA | high: 0.423 AMKR: 0.266 median: 0.159 mean: 0.148 low: 0.002 |
|
| Debt To Equity | 0.556 | |
| Debt To Equity QoQ | 65.575 % | |
| Debt To Equity YoY | 37.269 % | |
| Debt To Equity IPRWA | high: 1.213 AMKR: 0.556 mean: 0.331 median: 0.299 low: -0.075 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.712 | |
| Price To Book QoQ | 29.84 % | |
| Price To Book YoY | 183.114 % | |
| Price To Book IPRWA | high: 31.988 median: 29.291 mean: 24.67 AMKR: 3.712 low: -9.2 |
|
| Price To Earnings (P/E) | 99.438 | |
| Price To Earnings QoQ | -37.252 % | |
| Price To Earnings YoY | 6.865 % | |
| Price To Earnings IPRWA | high: 234.604 median: 202.248 mean: 185.747 AMKR: 99.438 low: -129.292 |
|
| PE/G Ratio | 0.887 | |
| Price To Sales (P/S) | 9.095 | |
| Price To Sales QoQ | 18.222 % | |
| Price To Sales YoY | 149.78 % | |
| Price To Sales IPRWA | high: 145.73 median: 68.545 mean: 59.704 AMKR: 9.095 low: 6.505 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 100.316 | |
| Forward PE/G | 0.895 | |
| Forward P/S | 36.127 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 7.353 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.211 | |
| Asset Turnover Ratio QoQ | 2.78 % | |
| Asset Turnover Ratio YoY | 1.96 % | |
| Asset Turnover Ratio IPRWA | high: 0.342 mean: 0.221 AMKR: 0.211 median: 0.203 low: 0.004 |
|
| Receivables Turnover | 1.402 | |
| Receivables Turnover Ratio QoQ | 9.933 % | |
| Receivables Turnover Ratio YoY | 1.013 % | |
| Receivables Turnover Ratio IPRWA | high: 1.831 mean: 1.467 median: 1.419 AMKR: 1.402 low: 0.55 |
|
| Inventory Turnover | 2.993 | |
| Inventory Turnover Ratio QoQ | -3.473 % | |
| Inventory Turnover Ratio YoY | -21.04 % | |
| Inventory Turnover Ratio IPRWA | AMKR: 2.993 high: 1.395 mean: 0.559 median: 0.399 low: 0.148 |
|
| Days Sales Outstanding (DSO) | 65.103 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 44.353 | |
| Cash Conversion Cycle Days QoQ | -7.619 % | |
| Cash Conversion Cycle Days YoY | 11.968 % | |
| Cash Conversion Cycle Days IPRWA | high: 567.451 median: 269.15 mean: 233.965 AMKR: 44.353 low: 40.819 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.764 | |
| CapEx To Revenue | -0.244 | |
| CapEx To Depreciation | -2.582 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 7.0 B | |
| Net Invested Capital | $ 7.1 B | |
| Invested Capital | $ 7.1 B | |
| Net Tangible Assets | $ 4.6 B | |
| Net Working Capital | $ 2.5 B | |
| LIQUIDITY | ||
| Cash Ratio | 1.183 | |
| Current Ratio | 2.171 | |
| Current Ratio QoQ | 8.026 % | |
| Current Ratio YoY | 14.738 % | |
| Current Ratio IPRWA | high: 10.33 median: 2.508 mean: 2.27 AMKR: 2.171 low: 1.334 |
|
| Quick Ratio | 1.907 | |
| Quick Ratio QoQ | 9.293 % | |
| Quick Ratio YoY | 12.417 % | |
| Quick Ratio IPRWA | high: 8.33 AMKR: 1.907 median: 1.804 mean: 1.593 low: 0.804 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.47 | |
| Cost Of Debt | 0.711 % | |
| Interest Coverage Ratio | 12.972 | |
| Interest Coverage Ratio QoQ | 101.488 % | |
| Interest Coverage Ratio YoY | 118.005 % | |
| Interest Coverage Ratio IPRWA | high: 150.669 mean: 53.897 median: 47.739 AMKR: 12.972 low: -444.6 |
|
| Operating Cash Flow Ratio | 0.096 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 54.055 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 8.39 | |
| Dividend Payout Ratio | 0.119 | |
| Dividend Rate | $ 0.08 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 17.081 % | |
| Revenue Growth | 12.659 % | |
| Revenue Growth QoQ | -217.539 % | |
| Revenue Growth YoY | -11.864 % | |
| Revenue Growth IPRWA | high: 36.183 % AMKR: 12.659 % mean: 9.829 % median: 7.1 % low: -6.721 % |
|
| Earnings Growth | 112.121 % | |
| Earnings Growth QoQ | -314.898 % | |
| Earnings Growth YoY | -22.378 % | |
| Earnings Growth IPRWA | high: 126.667 % AMKR: 112.121 % mean: 14.482 % median: 11.702 % low: -31.148 % |
|
| MARGINS | ||
| Gross Margin | 16.786 % | |
| Gross Margin QoQ | 18.311 % | |
| Gross Margin YoY | 39.477 % | |
| Gross Margin IPRWA | high: 85.054 % median: 53.99 % mean: 53.867 % AMKR: 16.786 % low: 13.903 % |
|
| EBIT Margin | 11.599 % | |
| EBIT Margin QoQ | 71.38 % | |
| EBIT Margin YoY | 75.264 % | |
| EBIT Margin IPRWA | high: 47.037 % median: 38.519 % mean: 38.226 % AMKR: 11.599 % low: -55.266 % |
|
| Return On Sales (ROS) | 10.53 % | |
| Return On Sales QoQ | 76.886 % | |
| Return On Sales YoY | 73.048 % | |
| Return On Sales IPRWA | high: 42.486 % median: 37.057 % mean: 35.91 % AMKR: 10.53 % low: -48.45 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -227.33 M | |
| Free Cash Flow Yield | -1.317 % | |
| Free Cash Flow Yield QoQ | 114.495 % | |
| Free Cash Flow Yield YoY | -164.559 % | |
| Free Cash Flow Yield IPRWA | high: 0.775 % median: 0.294 % mean: 0.255 % AMKR: -1.317 % low: -1.49 % |
|
| Free Cash Growth | 185.89 % | |
| Free Cash Growth QoQ | -235.254 % | |
| Free Cash Growth YoY | -161.676 % | |
| Free Cash Growth IPRWA | AMKR: 185.89 % high: 154.431 % median: 31.318 % mean: 12.851 % low: -217.099 % |
|
| Free Cash To Net Income | -1.308 | |
| Cash Flow Margin | 10.72 % | |
| Cash Flow To Earnings | 1.171 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.929 % | |
| Return On Assets QoQ | 90.237 % | |
| Return On Assets YoY | 159.274 % | |
| Return On Assets IPRWA | high: 10.276 % mean: 7.273 % median: 7.201 % AMKR: 1.929 % low: -7.716 % |
|
| Return On Capital Employed (ROCE) | 2.899 % | |
| Return On Equity (ROE) | 0.037 | |
| Return On Equity QoQ | 103.154 % | |
| Return On Equity YoY | 188.272 % | |
| Return On Equity IPRWA | high: 0.279 mean: 0.148 median: 0.134 AMKR: 0.037 low: -0.171 |
|
| DuPont ROE | 3.784 % | |
| Return On Invested Capital (ROIC) | 2.655 % | |
| Return On Invested Capital QoQ | 58.887 % | |
| Return On Invested Capital YoY | 131.473 % | |
| Return On Invested Capital IPRWA | high: 14.252 % median: 11.665 % mean: 11.236 % AMKR: 2.655 % low: -11.245 % |
|