Is Amkor Technology, Inc. overvalued or undervalued?

As of 5 August 2025, the valuation grade for Amkor Technology, Inc. moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 18, a Price to Book Value of 1.36, and an EV to EBITDA of 5.31. In comparison to peers, Fabrinet has a significantly higher P/E of 41.84, while Skyworks Solutions, Inc. has a P/E of 20.61, suggesting that Amkor is positioned more conservatively within its industry.
Despite the recent downgrade in valuation, Amkor has shown strong short-term performance, with a 1-month return of 21.25% compared to the S&P 500's 2.33%, although it lags behind the S&P 500 over the 1-year period with a return of -3.57% versus 17.14%. Overall, Amkor Technology, Inc. is fairly valued relative to its peers and market performance.