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← CockpitCompetitor Analysis › AMKR Amkor Technology, Inc.Open in the cockpit ↗

Amkor Technology, Inc.AMKRCompetitor analysis, valuation and peers

United States · USD·Information Technology›Semiconductors

One of the world's largest independent chip packaging and testing (OSAT) companies.

≈ A US-based peer of Taiwan's ASE in chip packagingMomentum laggard 5
Mkt cap
$8.13B
US dollars, full cap
Free float
24%
of shares outstanding
$/day
$234M
20-day average traded
Fwd P/E
12.1×
forward earnings
ROIC−WACC
-2.9 pp
WACC 14.0%
Hurdle
n/a
no reverse DCF
Official | Implied
BB / BB
agencies · bond market
Next earnings
101 days
15 Feb 2027
Close · USD$32.82
1D+7.6%
1W-16.9%
1M-35.6%
3M-37.9%
6M-57.2%
YTD-16.7%
1Y-9.8%
ATR %8.9%
Beta3.24
52w lowhigh66.0% off high

What Amkor Technology does

One of the world's largest independent chip packaging and testing (OSAT) companies.

Charges per unit packaged and tested, for chip designers and chipmakers that send finished wafers for it to assemble, with large smartphone and automotive volumes. Equipment is costly, so plant utilization drives profit. Founder James Kim's family remains the largest shareholder, and an Arizona plant for advanced packaging is planned.

In one line: A US-based peer of Taiwan's ASE in chip packaging.

Products and services

  • Chip packaging & assembly
  • Semiconductor testing
  • Advanced packaging (SiP, flip-chip)

Customers

  • Fabless chip designers (broad base)
  • Apple (via suppliers)
  • Automotive/industrial chip makers

Where it sits in the supply chain

  • Semiconductors
  • Outsourced assembly & test (OSAT)
  • Chip packaging & testing

What could go right

  • AI advanced-packaging demand
  • US onshoring of packaging

What could go wrong

  • Cyclical, capital-intensive business
  • Pricing competition from Asian OSATs

Moat: narrow (scale, installed base, customer qualification). Large global packaging/test footprint, but competes with ASE and China-based OSATs on price and capacity.

Headquarters: Tempe, Arizona, US · Founded: 1968 · Employees: 30,800

Named competitors

Amkor Technology at a glance

Size Amkor Technology (AMKR) is a United States Information Technology company (Semiconductors) with a market value of $8.13B, the 875th largest of 3,117 United States companies the cockpit tracks. Shares closed at $32.82 on 6 Nov 2026.

Performance Over six months the shares fell 57.2%, against -15.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.

Growth Revenue grew 15.7% over the last twelve months (peer median +23.5%); the operating margin is 9.8% (peer median 11.1%).

Valuation It trades at 12.1× forward earnings against a peer median of 19.1× (5th cheapest of 18).

Capital Return on invested capital runs 2.9 points below its cost of capital (14.0% WACC).

Credit Amkor Technology has 1 bond outstanding ($500M), rated BB by the agencies and trading like BB at a weighted spread of 195 bp.

Short interest Short interest is 4.0% of the free float (15 Oct 2026).

Next results Next results expected around 15 Feb 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 84AMKR 43
Six months, rebased to 100: Amkor Technology against the median of its 20 peers (local-currency closes).

Amkor Technology financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$7.46B$6.71B$6.32B$6.50B$7.09B
Revenue growth—+6%-3%-8%—
Gross profit$1.24B$939M$933M$943M$1.33B
EBITDA$1.43B$1.11B$1.03B$1.10B$1.51B
Net income$619M$374M$354M$360M$766M
Free cash flow-$156M$191M$345M$521M$190M
Capital expenditure$1.67B$905M$744M$749M$908M
Total debt$2.71B$1.67B$1.42B$1.38B$1.53B

Quarterly statements and history in the cockpit →

Amkor Technology competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-60%-40%-20%0%001309300666RMBS6885213006610021856770688249688469WAAREEENERSLAB366130346887836882136479600703SMTC5347AMKR6-month return →1-month return →
Up and to the right = strong over both horizons. Amkor Technology is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%0×50×100×001309300666RMBS30066132230021856770688249688469WAAREEENERSLAB36613034688213AMKRRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Amkor Technology is the large dot.

Amkor Technology competitors and peer comparison

Head to head with its named competitors (AMKR vs ASX vs 600584.SS vs 6239.TW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Amkor Technology AMKR$8.13B-57%+16%10%12.1×n/a
ASE Technology ASX$84.1B-8%+24%11%17.0×29.0%
JCET 600584.SS$14.1B+15%+4%6%40.2×n/a
Powertech Technology 6239.TW$4.61B-11%+24%13%13.2×n/a
TongFu Microelectronics 002156.SZ$10.5B-15%+21%7%28.7×n/a
Tianshui Huatian Technology 002185.SZ$7.74B+10%+33%4%45.0×n/a
ChipMOS Technologies 8150.TW$1.49B-17%+19%8%12.2×n/a
King Yuan Electronics 2449.TW$8.00B-42%+35%27%19.5×n/a
Hana Micron 067310.KS$1.18B-39%+54%14%6.1×0.4%

How Amkor Technology compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Amkor Technology against its 20 peers (data as of 6 Nov 2026)
MeasureAMKRPeer medianRank in peer set
1-month return-35.6%-19.3%4th lowest of 21
6-month return-57.2%-15.3%3rd lowest of 20
Distance from 52-week high-66.0%-47.8%4th lowest of 21
Revenue growth (TTM)+15.7%+23.5%7th lowest of 21
Operating margin9.8%11.1%10th lowest of 21
Forward P/E12.1×19.1×5th cheapest of 18
ROIC minus cost of capital-2.9 pp-3.6 pp10th highest of 21
EV / EBITDA5.9×17.9×cheapest of 9
Net debt / EBITDA0.2×-1.1×4th most indebted of 11
Bond spread195 bpn/a—

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Amkor Technology AMKRUnited States$8.13B-57%+16%10%12.1×n/an/a
Shenzhen Techwinsemi Technology 001309.SZChina$8.12B-64%+317%35%6.7×n/an/a
Konfoong Materials International 300666.SZChina$8.09B+9%+35%10%53.5×n/an/a
RMBS RMBSUnited States$7.98B-42%+17%37%19.9×24.5%+23.5%
VeriSilicon Microelectronics (Shanghai) 688521.SSChina$8.31B-63%+39%-23%n/a40.5%+15.9%
SG Micro 300661.SZChina$8.33B-12%+46%17%55.7×35.9%+26.7%
Ingenic Semiconductor 3223.HKHong Kong$7.76Bn/a+100%35%10.9×-3.9%+16.1%
Tianshui Huatian Technology 002185.SZChina$7.74B+10%+33%4%45.0×n/an/a
Powerchip Semiconductor Manufacturing 6770.TWTaiwan$7.54B-5%+22%-5%7.6×11.3%+0.5%
Nexchip Semiconductor 688249.SSChina$8.80B-17%+14%7%66.4×n/an/a
United Nova Technology 688469.SSChina$8.92B+4%+42%-10%102.1×n/an/a
WAAREE Energies WAAREEENER.NSIndia$7.41B-24%+75%16%17.3×n/an/a
Silicon Laboratories SLABUnited States$7.39B+2%+22%-3%60.3×n/an/a
Alchip Technologies Limitd 3661.TWTaiwan$7.35B-32%-51%23%14.4×n/an/a
Novatek Microelectronics 3034.TWTaiwan$9.16B+18%+2%20%14.1×-4.2%+4.7%
Xi'an ESWIN Material Technology 688783.SSChina$9.34B-36%+25%-25%n/an/an/a
Smartsens Technology (Shanghai) 688213.SSChina$7.01B+21%+27%13%30.9×23.1%+42.7%
Minebea Mitsumi 6479.TJapan$6.97B-13%+12%7%11.9×10.8%+11.0%
Sanan Optoelectronics 600703.SSChina$6.87B-33%-22%-7%n/an/an/a
Semtech SMTCUnited States$9.63B-15%+18%12%19.1×51.8%+12.0%
Vanguard International Semiconductor 5347.TWOTaiwan$6.82B-22%+10%17%17.7×n/an/a

Amkor Technology bonds and credit

Amkor Technology has 1 bond outstanding with $500M face value. The agencies rate it BB; its bonds trade like BB. Weighted yield 6.66%, a spread of 195 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are Amkor Technology's main competitors?
Named competitors: ASE Technology Holding (ASX), JCET Group (600584.SS), Powertech Technology (6239.TW), Tongfu Microelectronics (002156.SZ), Tianshui Huatian Technology (002185.SZ), ChipMOS Technologies (8150.TW). The cockpit's measured peer set (industry) also includes Shenzhen Techwinsemi Technology (001309.SZ), Konfoong Materials International (300666.SZ), RMBS (RMBS), VeriSilicon Microelectronics (Shanghai) (688521.SS), SG Micro (300661.SZ), Ingenic Semiconductor (3223.HK).
Is Amkor Technology expensive compared with its peers?
On forward p/e it trades at 12.1× against a peer median of 19.1×, 5th cheapest of 18 in its peer set.
How has Amkor Technology stock performed?
Over six months to 6 Nov 2026 the shares returned -57.2% against -15.3% for the median peer; over one year -9.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.