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Amkor Technology, Inc (AMKR) Fair Value & Analysis

Technology · US · Market cap $15.6B

AT Amkor Technology, Inc logo Amkor Technology, Inc AMKR · US
Price$54.16
Fair Value$21.37
Upside-60.5%
Quality49/100
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Mixed Growth
Thin margins · 6.2% net margin
Low debt · generates free cash flow
0.49% dividend yield
Mixed vs. peers (8/15)
Narrow moat 41/100
Evidence: High Range $14.12 – $32.29 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Share price −17.1% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($32.29). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($14.12 to $32.29) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$93.55 $14.55 Fair Value $21.37 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range $14.55 – $93.55 · fair‑value band $14.12 – $32.29 · the $54.16 price screens above the $21.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Amkor Technology, Inc (AMKR) currently trades at $54.16, while our model-based Fair Value estimate is $21.37, implying the stock looks roughly 60.5% overvalued today. We read business quality at 49/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Amkor Technology, Inc generated revenue of $7.1B at a net margin of 6.2%. Revenue grew 27.5% year over year. It earns a return on equity of 10.0%. Net debt stands at $187M. Fundamentals as of Jul 17, 2026

Our scenario range runs from $14.12 (bear case) to $32.29 (bull case); at $54.16, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 32% below its 52-week high and 181% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -61%, AMKR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $9.22 $13.40 $19.35 80
Residual Income $15.15 $16.35 $20.04 76
Rev-Margin DCF $14.03 $23.35 $33.89 74
All 26 models by family
DCF Models
FCF DCF $9.06 $13.75 $20.84 38
Owner Earnings $5.44 $8.17 $12.30 31
5Y Revenue Exit $14.03 $23.47 $35.60 39
5Y EBITDA Exit $28.60 $50.54 $76.27 41
5Y P/E Exit $16.48 $28.02 $40.11 38
10Y Revenue Exit $11.62 $19.81 $30.89 36
10Y EBITDA Exit $21.40 $38.53 $61.73 37
10Y P/E Exit $13.69 $22.95 $34.31 35
Earnings-Based
Graham-Dodd $10.26 $30.83 $40.85 54
Lynch FV $6.55 $9.35 $12.16 50
PEG = 1.0 $6.55 $9.35 $12.16 46
EPV $15.71 $18.27 $20.50 59
Dividend Discount
Gordon GGM $3.04 $6.31 $10.01 70
DDM Multi-Stage $3.04 $4.94 $6.62 61
Multiples
P/E Multiple $22.63 $30.17 $37.71 63
P/S Multiple $19.23 $25.64 $32.05 58
P/B Multiple $19.23 $25.64 $32.05 55
EV/EBIT $25.84 $34.33 $42.81 53
EV/EBITDA $44.02 $58.57 $73.11 54
EV/Revenue $17.54 $24.90 $32.25 43
Asset-Based
NCAV (Graham) $9.02 $12.09 $18.04 50
Growth DCF
Growth DCF $9.22 $13.40 $19.35 80
Rev-Margin DCF $14.03 $23.35 $33.89 74
Economic Profit
Residual Income $15.15 $16.35 $20.04 76
ROIC Compounder $15.71 $18.41 $22.94 72
Growth Earnings
Growth-Adj P/E $18.58 $26.54 $34.50 68

Widest divergence: Growth Earnings ($26.54) versus Dividend Discount ($4.94). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $7.1B
Revenue growth (YoY) +27.5%
Net margin 6.2%
Return on equity 10.0%
Free cash flow $191M FY2025
P/E ratio 36.2
More key figures
Operating margin 6.0%
EPS (TTM) $1.74
Dividend yield 0.5%
EPS growth (YoY) +286%
Net debt $187M FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 55 · Market factors (momentum, volatility) 44

Profitability 38
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Full company description

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 description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Amkor Technology, Inc reported revenue of $6.7B in FY2025 versus $6.1B in FY2021, a compound +2.2%/yr. Reported net income was $374M in FY2025, compounding −12.7%/yr from FY2021.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$6.7B
Latest YoY
+6.2%
Avg. growth/yr (3Y)
−1.8%
Avg. growth/yr (5Y)
+5.8%
Avg. growth/yr (28Y)
+5.6%
Revenue +2.2%/yr
FY21 $6.1B
FY22 $7.1B
FY23 $6.5B
FY24 $6.3B
FY25 $6.7B
Net income −12.7%/yr
FY21 $643M
FY22 $766M
FY23 $360M
FY24 $354M
FY25 $374M

AMKR screens 61% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Amkor Technology, Inc Fair Value". https://www.fairvalue-calculator.com/stock/AMKR

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Semiconductor Equipment & Materials · 208 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Below median
Fair Value upside −61% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 6% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 28% · Above median
Dividend yield (TTM) 0.5% · Below median
Debt / equity 0.29× · Higher than 75% of peers

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 36.2× · Cheaper than median
P/B 3.49× · Cheaper than median
P/S (TTM) 2.21× · Cheaper than median
P/FCF 81.8× · Pricier than 75% of peers
EV/EBITDA 13.0× · Cheaper than median
PEG 0.76× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 58
PAST 40 · sector 30
HEALTH 86 · sector 96
DIVIDEND 10 · sector 17

VALUE 0: the price sits above our fair-value range.

Insider activity: 42/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is Amkor Technology, Inc (AMKR) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of $21.37 versus a price of $54.16, about −61% (overvalued).
What is the fair value of AMKR?
Our model-based fair value for Amkor Technology, Inc is $21.37 (as of Jul 17, 2026), built from audited fundamentals. The current price is $54.16.
What is the quality score of AMKR?
Amkor Technology, Inc has a Quality Score of 49/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Amkor Technology, Inc (AMKR)?
Amkor Technology, Inc reported trailing-twelve-month revenue of about $7.1B (latest available figure, as of Jul 17, 2026).
What is the net profit margin of AMKR?
The net profit margin of Amkor Technology, Inc is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Amkor Technology, Inc pay a dividend?
Amkor Technology, Inc currently shows a dividend yield of about 0.44% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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