Free Trial

ASE Technology (ASX) Competitors

ASE Technology logo
$10.00 +0.09 (+0.91%)
(As of 12/20/2024 05:40 PM ET)

ASX vs. NXPI, VRT, LHX, NOK, GFS, HUBB, STM, UI, ALAB, and UMC

Should you be buying ASE Technology stock or one of its competitors? The main competitors of ASE Technology include NXP Semiconductors (NXPI), Vertiv (VRT), L3Harris Technologies (LHX), Nokia Oyj (NOK), GlobalFoundries (GFS), Hubbell (HUBB), STMicroelectronics (STM), Ubiquiti (UI), Astera Labs (ALAB), and United Microelectronics (UMC). These companies are all part of the "electronic equipment" industry.

ASE Technology vs.

ASE Technology (NYSE:ASX) and NXP Semiconductors (NASDAQ:NXPI) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.

ASE Technology has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, NXP Semiconductors has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500.

6.8% of ASE Technology shares are held by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are held by institutional investors. 22.9% of ASE Technology shares are held by insiders. Comparatively, 0.1% of NXP Semiconductors shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

NXP Semiconductors received 732 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 73.72% of users gave NXP Semiconductors an outperform vote while only 64.27% of users gave ASE Technology an outperform vote.

CompanyUnderperformOutperform
ASE TechnologyOutperform Votes
376
64.27%
Underperform Votes
209
35.73%
NXP SemiconductorsOutperform Votes
1108
73.72%
Underperform Votes
395
26.28%

NXP Semiconductors has lower revenue, but higher earnings than ASE Technology. NXP Semiconductors is trading at a lower price-to-earnings ratio than ASE Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ASE Technology$593.73B0.04$1.16B$0.4522.22
NXP Semiconductors$12.93B4.13$2.80B$10.4820.06

In the previous week, NXP Semiconductors had 12 more articles in the media than ASE Technology. MarketBeat recorded 14 mentions for NXP Semiconductors and 2 mentions for ASE Technology. ASE Technology's average media sentiment score of 1.35 beat NXP Semiconductors' score of 0.41 indicating that ASE Technology is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ASE Technology
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NXP Semiconductors
5 Very Positive mention(s)
5 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

ASE Technology pays an annual dividend of $0.23 per share and has a dividend yield of 2.3%. NXP Semiconductors pays an annual dividend of $4.05 per share and has a dividend yield of 1.9%. ASE Technology pays out 51.1% of its earnings in the form of a dividend. NXP Semiconductors pays out 38.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

NXP Semiconductors has a consensus target price of $274.14, indicating a potential upside of 30.40%. Given NXP Semiconductors' higher probable upside, analysts clearly believe NXP Semiconductors is more favorable than ASE Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ASE Technology
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
NXP Semiconductors
1 Sell rating(s)
5 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.65

NXP Semiconductors has a net margin of 20.98% compared to ASE Technology's net margin of 5.47%. NXP Semiconductors' return on equity of 33.57% beat ASE Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
ASE Technology5.47% 10.05% 4.69%
NXP Semiconductors 20.98%33.57%13.21%

Summary

NXP Semiconductors beats ASE Technology on 14 of the 20 factors compared between the two stocks.

Get ASE Technology News Delivered to You Automatically

Sign up to receive the latest news and ratings for ASX and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ASX vs. The Competition

MetricASE TechnologySemiconductors & related devices IndustryComputer SectorNYSE Exchange
Market Cap$21.95B$59.92B$25.69B$19.18B
Dividend Yield2.24%2.11%2.77%3.59%
P/E Ratio22.2239.85241.2441.28
Price / Sales0.0445.193,316.0417.59
Price / Cash7.5225.5235.6621.28
Price / Book2.137.528.075.32
Net Income$1.16B$983.89M$678.74M$989.88M
7 Day Performance-1.57%-0.36%0.45%-3.54%
1 Month Performance2.41%12.77%7.00%-3.68%
1 Year Performance10.13%8.92%23.04%12.14%

ASE Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASX
ASE Technology
4.6924 of 5 stars
$10.00
+0.9%
N/A+12.8%$21.95B$593.73B22.2292,894Positive News
High Trading Volume
NXPI
NXP Semiconductors
4.7655 of 5 stars
$218.23
+0.6%
$274.14
+25.6%
-5.7%$55.46B$12.93B20.6934,200
VRT
Vertiv
4.5978 of 5 stars
$125.90
+0.1%
$140.09
+11.3%
+154.1%$47.25B$7.53B83.1527,000
LHX
L3Harris Technologies
4.958 of 5 stars
$222.53
-0.3%
$269.13
+20.9%
+3.4%$42.21B$21.14B35.3550,000Insider Trade
NOK
Nokia Oyj
3.5396 of 5 stars
$4.48
flat
$5.42
+20.9%
+36.3%$24.43B$19.77B56.0086,689
GFS
GlobalFoundries
3.5578 of 5 stars
$44.12
+0.5%
$50.21
+13.8%
-28.1%$24.34B$6.77B32.7512,000Positive News
HUBB
Hubbell
4.1363 of 5 stars
$452.37
-0.3%
$472.13
+4.4%
+32.9%$24.28B$5.37B32.6818,317
STM
STMicroelectronics
3.6017 of 5 stars
$25.67
-2.4%
$36.26
+41.2%
-49.9%$23.19B$17.29B10.5651,323Ex-Dividend
Gap Down
UI
Ubiquiti
2.5837 of 5 stars
$349.55
+1.4%
$310.50
-11.2%
+154.4%$21.14B$1.93B53.391,515Positive News
ALAB
Astera Labs
2.49 of 5 stars
$130.47
-1.3%
$94.67
-27.4%
N/A$20.69B$305.71M0.00225Analyst Forecast
Gap Down
UMC
United Microelectronics
2.5715 of 5 stars
$6.40
+0.2%
$7.40
+15.6%
-16.4%$16.04B$7.25B9.8319,833Positive News

Related Companies and Tools


This page (NYSE:ASX) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners