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ASE Technology (ASX) Competitors

ASE Technology logo
$9.76 -0.10 (-1.01%)
(As of 11/20/2024 ET)

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

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), Hubbell (HUBB), GlobalFoundries (GFS), Nokia Oyj (NOK), STMicroelectronics (STM), Ubiquiti (UI), United Microelectronics (UMC), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.

ASE Technology vs.

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

NXP Semiconductors pays an annual dividend of $4.06 per share and has a dividend yield of 1.8%. ASE Technology pays an annual dividend of $0.23 per share and has a dividend yield of 2.4%. NXP Semiconductors pays out 38.7% of its earnings in the form of a dividend. ASE Technology pays out 51.1% 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 beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500. Comparatively, ASE Technology has a beta of 1.22, suggesting that its share price is 22% more volatile than the S&P 500.

90.5% of NXP Semiconductors shares are owned by institutional investors. Comparatively, 6.8% of ASE Technology shares are owned by institutional investors. 0.1% of NXP Semiconductors shares are owned by insiders. Comparatively, 22.9% of ASE Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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
NXP Semiconductors20.98% 33.57% 13.21%
ASE Technology 5.47%10.05%4.69%

NXP Semiconductors presently has a consensus target price of $276.76, indicating a potential upside of 25.61%. Given NXP Semiconductors' higher probable upside, analysts plainly believe NXP Semiconductors is more favorable than ASE Technology.

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

NXP Semiconductors received 731 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 73.70% of users gave NXP Semiconductors an outperform vote while only 64.27% of users gave ASE Technology an outperform vote.

CompanyUnderperformOutperform
NXP SemiconductorsOutperform Votes
1107
73.70%
Underperform Votes
395
26.30%
ASE TechnologyOutperform Votes
376
64.27%
Underperform Votes
209
35.73%

In the previous week, NXP Semiconductors had 16 more articles in the media than ASE Technology. MarketBeat recorded 18 mentions for NXP Semiconductors and 2 mentions for ASE Technology. NXP Semiconductors' average media sentiment score of 0.98 beat ASE Technology's score of 0.81 indicating that NXP Semiconductors is being referred to more favorably in the media.

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

NXP Semiconductors has higher earnings, but lower revenue 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
NXP Semiconductors$13.28B4.22$2.80B$10.4821.02
ASE Technology$593.73B0.04$1.16B$0.4521.69

Summary

NXP Semiconductors beats ASE Technology on 15 of the 20 factors compared between the two stocks.

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.
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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.
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ASX vs. The Competition

MetricASE TechnologySemiconductors & related devices IndustryComputer SectorNYSE Exchange
Market Cap$21.64B$60.48B$23.64B$19.87B
Dividend Yield2.35%2.45%2.77%3.52%
P/E Ratio21.6936.86269.7642.95
Price / Sales0.0436.293,234.5919.16
Price / Cash7.1723.8032.4517.86
Price / Book2.086.847.365.52
Net Income$1.16B$981.45M$660.95M$986.45M
7 Day Performance1.77%-1.44%0.24%0.45%
1 Month Performance-5.29%-3.29%0.82%1.05%
1 Year Performance13.75%10.39%18.79%24.67%

ASE Technology Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASX
ASE Technology
4.3837 of 5 stars
$9.76
-1.0%
N/A+12.6%$21.64B$18.69B21.6992,894
NXPI
NXP Semiconductors
4.842 of 5 stars
$220.34
+0.2%
$276.76
+25.6%
+8.4%$55.89B$13.28B21.0234,200
VRT
Vertiv
4.1224 of 5 stars
$137.56
-2.4%
$138.50
+0.7%
+208.7%$52.90B$6.86B91.7127,000Dividend Increase
Analyst Forecast
Positive News
LHX
L3Harris Technologies
4.6238 of 5 stars
$244.36
+0.3%
$267.50
+9.5%
+31.0%$46.20B$19.42B38.6050,000Ex-Dividend
Positive News
HUBB
Hubbell
3.9557 of 5 stars
$445.58
-1.5%
$445.56
0.0%
+48.1%$24.28B$5.37B32.1018,317
GFS
GlobalFoundries
3.4952 of 5 stars
$41.66
-1.7%
$50.21
+20.5%
-28.7%$23.38B$7.39B31.0912,000Analyst Forecast
NOK
Nokia Oyj
1.2775 of 5 stars
$4.24
+2.2%
$4.56
+7.6%
+18.1%$22.63B$24.09B53.0086,689Gap Up
STM
STMicroelectronics
4.1455 of 5 stars
$24.51
-0.2%
$37.63
+53.6%
-47.1%$22.17B$17.29B10.0851,323
UI
Ubiquiti
2.0281 of 5 stars
$340.73
-0.9%
$310.50
-8.9%
+185.3%$20.80B$1.93B52.741,515Ex-Dividend
UMC
United Microelectronics
2.0671 of 5 stars
$6.80
-2.6%
$7.40
+8.8%
-14.5%$17.49B$7.25B10.4619,833
ALAB
Astera Labs
1.4676 of 5 stars
$97.42
+2.4%
$94.67
-2.8%
N/A$15.10B$115.79M0.00225Analyst Forecast
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This page (NYSE:ASX) was last updated on 11/21/2024 by MarketBeat.com Staff
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