Competition & Peer Data API & CSV Delivery

Ase Technology Holding Co Ltd's Competitiveness

A competitive positioning analysis and financial ratio benchmarking of Ase Technology Holding Co Ltd (ASX) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.

Peer Data As of Q4 2025
Competitors Tracked
40
Publicly traded peers
Peer Group Market Share
13.79 %
vs 13.79 % a year ago
Revenue Growth Y/Y
13.30 %
Peers: 13.25 %
Net Margin
6.38 %
Peers: 28.49 %

Key Findings: Ase Technology Holding Co Ltd vs Its Competitors

  • TTM: Trailing 12-month revenue of 20,573M vs 369,203M combined for tracked competitors (5.3% combined share).
  • Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+39.3%) for its tracked peer group.
  • Growth: Ase Technology Holding Co Ltd generated 13.3% revenue growth year over year in Q4 2025, vs 13.3% for its tracked competitors combined.
  • Profitability: Its 6.4% net margin compares with 28.5% for the peer group.
  • Scale: Ase Technology Holding Co Ltd ranks #11 of 117 companies by market capitalization in the Semiconductors industry, holding 0.8% of industry market cap.
  • Peer revenue share: Ase Technology Holding Co Ltd accounted for 13.8% of combined revenue among its tracked peer group, up from 13.8% a year earlier.
  • Peer differentiation: Revenue per employee of $1.44M compares with $1.04M for the peer group (1.4x).

Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).

ASX Sales vs. its Competitors, Q4 2025

Ase Technology Holding Co Ltd reported revenue growth of 13.30 % year on year in Q4 2025, above its competitors' combined revenue growth of 13.25 %.

With a net margin of 6.38 %, Ase Technology Holding Co Ltd reported lower profitability than its competitors (28.49 %).

Ase Technology Holding Co Ltd generated 13.79 % of the combined sales of its peer group, up from 13.79 % a year earlier.

API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/ASX/competitors
https://api.csimarket.com/api/v1/companies/ASX/relationships
https://api.csimarket.com/api/v1/companies/ASX/similar
Programmatic access for models, analytics, and integration workflows.

Ase Technology Holding Co Ltd vs. its Competitors, Q4 2025

Revenue growth, year on year

Ase Technology Holding Co Ltd +13.3 %
Competitors combined +13.3 %

Net income growth, year on year

Ase Technology Holding Co Ltd +27.3 %
Competitors combined +26.4 %

Net margin

Ase Technology Holding Co Ltd +6.4 %
Competitors combined +28.5 %

Revenue run-rate vs trailing 12 months

Ase Technology Holding Co Ltd +300.0 %
Competitors combined +39.3 %

TTM net margin

Ase Technology Holding Co Ltd +6.4 %
Competitors combined +29.2 %

TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.

Competitor Financial Benchmarking - TTM Commercial

TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Ase Technology Holding Co Ltd and its 4 competitor groupings. Available under Commercial License.

Entity TTM Revenue Latest Q ×4 Rev Run-rate vs TTM TTM Net Income TTM Net Margin
Ase Technology Holding Co Ltd $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitors combined $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
High-Confidence Competitors (3) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar-Size Competitors (9) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Similar Growth & Profitability (8) $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitor Financial Benchmarking

TTM revenue, run-rate and net margin benchmarking across Ase Technology Holding Co Ltd's competitor groups requires a Commercial License.

For context: the Semiconductors industry grew revenue 10.5% year over year, combined, vs 13.3% for Ase Technology Holding Co Ltd. Ase Technology Holding Co Ltd's share of combined industry revenue moved from 3.56% to 3.65%, a gain of 0.09 percentage points.

Ase Technology Holding Co Ltd's Competitor Quality Breadth

Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).

Entity Profitable Expanding Above Industry Growth Distressed
Ase Technology Holding Co Ltd Yes Yes Yes No
Competitors combined (40) 83% 90% 58% 20%
High-Confidence Competitors (4) 75% 50% 25% 0%
Similar-Size Competitors (10) 100% 90% 60% 11%
Similar Growth & Profitability (8) 100.00 % (8 of 8) 100.00 % (8 of 8) 75.00 % (6 of 8) 25.00 % (2 of 8)

Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.

Market Share of the Peer Group, Q4 2025

13.8%market share
  • Ase Technology Holding Co Ltd13.8%
  • Competitors combined86.2%

Share of combined quarterly revenue of Ase Technology Holding Co Ltd and its 40 tracked competitors.

See Ase Technology Holding Co Ltd's full market share breakdown »

ASX Stock Performance relative to its Competitors

ASX Competitors (weighted) Percent change over the selected range

Ase Technology Holding Co Ltd's Share Price Performance vs Peer Groups

Trailing 12-month total share price return, and the share of each group that outperformed the U.S.A. 500 over the same period. Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC.
74.4%beat U.S.A. 500
Competitors Combined
(29 of 39)
100%beat U.S.A. 500
High-Confidence
(3 of 3)
90%beat U.S.A. 500
Similar-Size
(9 of 10)
87.5%beat U.S.A. 500
Similar Growth & Profitability
(7 of 8)
Entity TTM Share Price Return
(group: median)
vs U.S.A. 500
Ase Technology Holding Co Ltd 281.80 % Outperformed
Competitors combined (39) 40.4% 63.2%
High-Confidence Competitors (3) 40.4% 63.2%
Similar-Size Competitors (10) 40.4% 63.2%
Similar Growth & Profitability (8) 40.4% 63.2%
Peer Group Share Price Returns

TTM share price return and U.S.A. 500 outperformance for Ase Technology Holding Co Ltd's competitor groups requires a Commercial License.

Source: CSIMarket API (daily market-structure computation). Outperformance is trailing-12-month total return vs the U.S.A. 500 over the same window, not risk-adjusted.

ASX Stock Performance relative to High-Confidence Competitors

ASX High-Confidence Competitors (equal-weighted, 6) Percent change over the selected range

ASX Stock Performance relative to Similar-Size Competitors

ASX Similar-Size Competitors (equal-weighted, 10) Percent change over the selected range

ASX Stock Performance relative to Similar Growth & Profitability Competitors

ASX Similar Growth & Profitability Competitors (equal-weighted, 8) Percent change over the selected range

5 Best-Performing Tracked Competitors, Trailing 12 Months

#CompetitorTTM Share Price Returnvs U.S.A. 500
1 Skywater Technology Inc 282.9% Outperformed
2 Formfactor inc 282.9% Outperformed
3 Cohu Inc 282.9% Outperformed
4 Viavi Solutions Inc 282.9% Outperformed
5 Tower Semiconductor Ltd 282.9% Outperformed
Best-Performing Competitor Returns

TTM share price return and U.S.A. 500 outperformance for Ase Technology Holding Co Ltd's best-performing tracked competitors requires a Commercial License.

Source: CSIMarket API, trailing 12 months.

Ase Technology Holding Co Ltd's Comment on Competition and Industry Peers

The global market for semiconductor packaging and testing markets is highly competitive. We face competition from a number of sources and integrated device manufacturers with in-house packaging and testing capabilities and fabless semiconductor design companies with their own in-house testing capabilities. Some of these integrated device manufacturers have commenced, or may commence, in-house packaging and testing operations in Asia. Substantially all of packaging and testing companies that compete with us have established operations in Taiwan and across the region.

Integrated device manufacturers that use our services continuously evaluate our performance against their own in-house packaging and testing capabilities. These integrated device manufacturers may have access to more sophisticated technologies and greater financial and other resources than we do. We believe, however, that we can offer greater efficiency at lower cost while maintaining equivalent or higher quality for several reasons. First, as we benefit from specialization and economies of scale by providing services to a large base of customers across a wide range of products, we are better able to reduce costs and shorten production cycles through high capacity utilization and process expertise. Second, as a result of our customer base and product offerings, our equipment generally has a longer useful life. Third, as a result of the continuing reduction of investments in in-house packaging and testing capacity and technology at integrated device manufacturers, we are better positioned to meet their packaging and testing requirements on a large scale.

Our packaging and testing business also faces actual and potential competition from companies at other levels of the supply chain, which have the financial resources and technical capabilities to enter and compete effectively with us. For example, TSMC has launched integrated fan-out (“InFO”) technology, which is scheduled to be put into mass production in 2016. InFO is expected to further intensify the competition in the packaging and testing industry.

Our electronic manufacturing services business, operated by our subsidiary Universal Scientific, faces significant competition from other electronic manufacturing services providers, such as Hon Hai Precision Ind. Co., Ltd., with comprehensive integration, wide geographic coverage and large production capabilities that enable them to achieve economies of scale. We believe, however, that we can still achieve satisfactory performance in the market given that we have been able to provide products with high quality and we are capable of designing new products by cooperating with our customers.

Publicly Traded Peers of Ase Technology Holding Co Ltd

Revenue and income for trailing 12 months, in millions of $, except employees
Company Market Cap Revenues Income Employees
Ase Technology Holding Co Ltd 96,985.06 20,573.41 1,313.24 14,258
Taiwan Semiconductor Manufacturing Company Limited 2,348,690.03 121,423.20 54,036.50 70,871
Asml Holding Nv 688,901.35 36,586.96 10,762.53 44,209
Lam Research Corporation 396,578.75 23,232.69 7,265.40 23,300
Applied Materials Inc 389,408.00 30,837.00 9,267.00 36,500
Thermo Fisher Scientific Inc 251,760.60 46,336.00 6,989.00 125,000
SUBTOTAL 5,077,885.27 609,264.37 109,786.87 577,899
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Sources: Ase Technology Holding Co Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Ase Technology Holding Co Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.

Ase Technology Holding Co Ltd's Competitors Named by the Company

Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.
Competitor Basis Confidence Active Sources
Amkor Technology Inc Named by the company 85% 2022 to 2026 3
Infineon Named by the company 85% 2022 to 2026 3
Altera Corporation Named by the company 85% 2022 to 2026 3
Intel Corporation Named by the company 85% 2022 to 2026 3
Fairchild Semiconductor International Named by the company 85% 2022 to 2026 3
ON Semiconductor Corporation Named by the company 85% 2022 to 2026 3
Competitor Evidence Detail

Filing basis, confidence, active dates and source counts for Ase Technology Holding Co Ltd's named competitors require a Commercial License.

Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.

Ase Technology Holding Co Ltd's Business Segment Mix vs Peers

Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).
Company Largest Segment 2nd Segment 3rd Segment
Lam Research Corporation Reportable 100.00 % - -
Applied Materials Inc Semiconductor Systems 75.41 % Applied Global Services 21.05 % -
Thermo Fisher Scientific Inc Clinical Research 19.98 % Research and Safety Market Channel 16.98 % Pharma Services 15.78 %
Kla Corporation Semiconductor Process Control 90.30 % PCB and Component Inspection 4.91 % Specialty Semiconductor Process 4.80 %
Danaher Corporation Diagnostics 39.36 % Biotechnology 30.65 % Life Sciences 29.99 %

Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).

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Ase Technology Holding Co Ltd's Productivity vs Peers Comparison

Revenue and income per employee, trailing 12 months, in $; market cap in millions of $
CompanyMarket CapRevenue / EmployeeIncome / Employee
Ase Technology Holding Co Ltd 96,985 1,442,938 92,106
Taiwan Semiconductor Manufacturing Company Limited 2,348,690 1,713,299 762,463
Asml Holding Nv 688,901 827,591 243,447
Lam Research Corporation 396,579 997,111 311,820
Applied Materials Inc 389,408 844,849 253,890
Thermo Fisher Scientific Inc 251,761 370,688 55,912
PEERS TOTAL 4,980,900 1,044,443 192,452
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Ase Technology Holding Co Ltd's Geographic Revenue Exposure vs Peers

Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.
Company Largest Market 2nd Market 3rd Market
Asml Holding Nv Rest of Europe and Middle East 1.43 % Rest of Asia 0.01 % -
Lam Research Corporation China 33.83 % Taiwan 22.48 % Korea, Republic of 19.39 %
Applied Materials Inc Taiwan 27.24 % China 26.38 % Korea, Republic of 19.87 %
Thermo Fisher Scientific Inc North America 51.27 % Europe 27.61 % Asia Pacific 17.54 %
Kla Corporation Taiwan 25.45 % China 24.29 % Korea, Republic of 19.94 %

Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.

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Ase Technology Holding Co Ltd's Position in Industry Market Structure

Market-capitalization share and concentration across all 109 companies in Ase Technology Holding Co Ltd's industry classification, broader than the peer set above. Market cap in millions of $.

Ase Technology Holding Co Ltd ranks #11 of 109 companies by market capitalization in its industry, holding 0.77 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,389, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).

Rank Company Market Cap Industry Share
1 Nvidia Corp 5,648,317 44.54 %
2 Broadcom Inc 1,783,853 14.07 %
3 Micron Technology Inc 1,220,833 9.63 %
4 Advanced Micro Devices Inc 1,024,665 8.08 %
5 Intel Corporation 1,234 5.2%
6 Applied Materials Inc 1,234 5.2%
7 Arm Holdings Plc 1,234 5.2%
8 Texas Instruments Incorporated 1,234 5.2%
9 Marvell Technology Inc 1,234 5.2%
10 Analog Devices Inc 1,234 5.2%
11 Ase Technology Holding Co Ltd 97,450 0.77 %
Full Industry Market Structure

Market cap and industry share for the rest of Ase Technology Holding Co Ltd's industry peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.

Ase Technology Holding Co Ltd's Same-Size Peers & Stock Performance

Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.
Rank Company Market Cap TTM Return 3M Momentum Beta Sharpe (1Y)
6 Applied Materials Inc 387,236 142.51 % -19.73 % 2.01 1.73
7 Arm Holdings Plc 306,308 103.91 % -9.03 % 2.82 1.25
8 Texas Instruments Incorporated 255,760 52.71 % -5.15 % 1.37 1.12
9 Marvell Technology Inc 228,223 204.84 % 4.16 % 2.59 1.75
10 Analog Devices Inc 1,234 12.3% 4.5% 1.10 0.80
11 Ase Technology Holding Co Ltd 97,450 281.85 % 4.51 % 1.75 2.64
12 Monolithic Power Systems Inc 1,234 12.3% 4.5% 1.10 0.80
13 Astera Labs Inc 1,234 12.3% 4.5% 1.10 0.80
14 Nxp Semiconductors N v 1,234 12.3% 4.5% 1.10 0.80
15 United Microelectronics Corporation 1,234 12.3% 4.5% 1.10 0.80
16 Stmicroelectronics N v 1,234 12.3% 4.5% 1.10 0.80
Full Same-Size Peer Performance

Market cap, return, momentum, beta and Sharpe ratio for the rest of Ase Technology Holding Co Ltd's same-size peers requires a Commercial License.

Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.

Ase Technology Holding Co Ltd's Profitability & Cost Structure

Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Semiconductors industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (151 companies).
Metric Company Industry Difference
Gross Margin 17.69 % 34.40 % (avg) -16.7 pp
Operating Margin 7.97 % industry median +6.6 pp
EBITDA Margin 7.95 % 7.07 % (avg) +0.9 pp
Capital Intensity (Capex / Revenue) 0.01 % 9.39 % (avg) -9.4 pp

Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.

Ase Technology Holding Co Ltd's Valuation vs Competitive Position

Valuation multiples vs the Semiconductors industry average (151 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.
Metric Company Industry Average Difference
P/E 24.7x 43.3x -18.6x
EV / EBITDA - 22.7x -
P/B - 6.6x -
Return on Equity 11.18 % industry aggregate -18.02 %
Return on Invested Capital 5.07 % -0.16 % (avg) 5.23 %

Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.

Ase Technology Holding Co Ltd's Multi-Year Financial Trajectory

Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.
Metric 202320242025
Revenue Growth -12.95 %-4.45 %13.30 %
Operating Margin 7.16 %6.77 %7.97 %
Return on Invested Capital 5.48 %4.73 %5.07 %
P/E 15.6x22.2x24.7x

Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.

Ase Technology Holding Co Ltd's Strategic Group Map

Every company in Ase Technology Holding Co Ltd's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Ase Technology Holding Co Ltd is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.

Revenue Growth (TTM, %)Operating Margin (%)TSEMSIMOAse Technology Holding Co LtdAMKRPENGPLXSFLEXDIODELTK

Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.

Ase Technology Holding Co Ltd's BCG Growth-Share Matrix

Relative market share (vs Ase Technology Holding Co Ltd's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.

Question Mark Star Dog Cash Cow Relative Market Share (vs largest competitor) Industry Revenue Growth (%) Ase Technology Holding Co Ltd

Ase Technology Holding Co Ltd falls in the Question Mark quadrant: relative market share of 0.02x vs its largest competitor, in an industry growing revenue 10.3% (median, trailing 12 months).

Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Nvidia Corp alone holds 45% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.

Ase Technology Holding Co Ltd's Competitive Forces (Porter's Five Forces)

Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.
Force Assessment Basis
Competitive Rivalry Moderate Industry HHI of 2,389 (see Industry Market Structure & Concentration above)
Barriers to Entry Lower than typical for the industry Capital intensity (capex / revenue) of 0.01 % vs industry average 9.39 % (see Profitability & Cost Structure above)
Supplier Power Not covered on this page See Ase Technology Holding Co Ltd's dedicated suppliers page for concentration and dependency data
Buyer Power Not covered on this page See Ase Technology Holding Co Ltd's dedicated customers page for concentration and dependency data
Threat of Substitutes - No systematic data source for cross-product substitution exists in this system; not estimated

Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.

Ase Technology Holding Co Ltd's Industry Attractiveness & Competitive Strength

A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.

High Strength
Medium Strength
Low Strength
High Attractiveness
Invest / Grow
Invest / Grow
Selective
Medium Attractiveness
Invest / Grow
Selective Ase Technology Holding Co Ltd
Harvest
Low Attractiveness
Selective
Harvest
Harvest / Divest

Ase Technology Holding Co Ltd falls in the Medium attractiveness / Medium strength cell: Selective.

Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.

Ase Technology Holding Co Ltd's SWOT

Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.

Strengths

  • Operating margin 6.6 points above the industry median.
  • Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
  • Outperforming the U.S.A. 500 over the trailing 12 months.

Weaknesses

  • Return on equity 18.0 points below the industry aggregate.
  • Low relative market share vs the industry leader (0.02x).

Opportunities

  • Industry revenue growing at a healthy 10.3% median pace.
  • Trades at a lower P/E than the industry average (24.7x vs 43.3x) despite a higher return on invested capital -- a possible re-rating opportunity.

Threats

  • Industry dominated by Nvidia Corp, holding 44.54 % of industry market cap.

Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.

Ase Technology Holding Co Ltd's Financial Strength vs Peers Comparison

Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months
CompanyQuick RatioWorking CapitalDebt / EquityAsset Turnover
Ase Technology Holding Co Ltd 0.37 1.26 0.11 0.73
Taiwan Semiconductor Manufacturing Company Limited 1.82 2.51 0.02 0.48
Asml Holding Nv - 1.26 0.22 0.65
Lam Research Corporation 0.96 2.38 0.38 1.06
Applied Materials Inc 0.79 2.53 0.29 0.79
Thermo Fisher Scientific Inc 0.32 1.62 0.78 0.42
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.

Ase Technology Holding Co Ltd's Revenue and Income Growth vs Peers

Quarterly revenue and net income growth, year over year and quarter over quarter
CompanyPeriodRevenue Y/YRevenue Q/QIncome Y/YIncome Q/Q
Ase Technology Holding Co Ltd Q4 2025+13.3 %+13.3 %+27.3 %+27.3 %
Taiwan Semiconductor Manufacturing Company LimitedQ4 2025+37.6 %+37.6 %+53.1 %+53.1 %
Asml Holding NvQ4 2025+15.6 %+15.6 %+26.9 %+26.9 %
Lam Research CorporationQ2 2026+30.0 %+15.1 %+32.4 %+24.8 %
Applied Materials IncQ2 2026+24.8 %+15.2 %+42.7 %-9.6 %
Thermo Fisher Scientific Inc Q2 2026+10.5 %+9.0 %+7.6 %+5.1 %
PEERS TOTAL+20.4 %+16.9 %+48.1 %+40.9 %
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.

Ase Technology Holding Co Ltd's Peers' Costs of Sales and Capital Expenditures

Context for revenue growth: peer costs and capex, year over year and quarter over quarter
CompanyPeriodCosts Y/YCosts Q/QCapex Y/YCapex Q/Q
Ase Technology Holding Co Ltd Q4 2025+11.4 %+11.4 %+129.4 %+129.4 %
Taiwan Semiconductor Manufacturing Company LimitedQ4 2025+25.7 %+25.7 %+39.1 %+39.1 %
Asml Holding NvQ4 2025+11.9 %+11.9 %-21.7 %-21.7 %
Lam Research CorporationQ2 2026+25.6 %+10.7 %+9.6 %+925.1 %
Applied Materials IncQ2 2026+21.1 %+14.3 %+21.1 %-
Thermo Fisher Scientific Inc Q2 2026+142.5 %+140.8 %+53.1 %+19.7 %
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Ase Technology Holding Co Ltd's Returns and Turnover vs Peers

ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover
CompanyROAROIROEReceivables TurnoverInventory Turnover
Ase Technology Holding Co Ltd 4.63%6.38%11.18%5.16-
Taiwan Semiconductor Manufacturing Company Limited21.37%26.29%31.41%13.65-
Asml Holding Nv19.00%36.53%49.00%10.811.35
Lam Research Corporation33.19%41.27%67.41%5.642.76
Applied Materials Inc23.70%28.79%41.02%5.052.52
Thermo Fisher Scientific Inc 6.36%7.71%13.37%5.083.26
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).

Ase Technology Holding Co Ltd's Valuation vs Peers

P/E, price to sales, PEG, price to cash flow and price to book
CompanyP/EPrice / SalesPEGP/CFPrice / Book
Ase Technology Holding Co Ltd 76.024.710.6339.778.25
Taiwan Semiconductor Manufacturing Company Limited84.6519.34-34.6313.65
Asml Holding Nv71.6918.834.891,575.9431.36
Lam Research Corporation54.6017.07--31.80
Applied Materials Inc42.0712.631.03237.4415.20
Thermo Fisher Scientific Inc 36.525.432.95-4.78
PEERS AVERAGE46.258.3366.7710.98
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.