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ADI vs. ASX: Analog Devices vs. ASE Stock Comparison

How do Analog Devices (ADI) and ASE (ASX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Analog Devices (ADI) and ASE (ASX) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Analog Devices (ADI) trades as ordinary local shares, while ASE (ASX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Analog Devices (ADI) and ASE (ASX)
Profile ItemADIASX
NameAnalog Devices, Inc.ASE Technology Holding Co., Ltd. ADR
Country/RegionUnited StatesTaiwan
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization176.17 billion USD69.83 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 17, 1980October 2, 2000
Security TypeCommon StockADR

Price Performance

Cumulative Growth

ADI
ASX
GSPC
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Analog Devices (ADI) vs. ASE (ASX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Analog Devices (ADI) and ASE (ASX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Analog Devices (ADI) and ASE (ASX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Total Return (1Y)71.72%127.56%
Total Return (3Y, Annualized)34.43%67.56%
Total Return (5Y, Annualized)17.89%41.55%

Risk Profile

Drawdown History

ADI
ASX
GSPC
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Analog Devices (ADI) vs. ASE (ASX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Analog Devices (ADI) and ASE (ASX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Volatility (1Y, Annualized)38.89%62.95%
Beta (5Y)1.261.83
Max Drawdown (5Y)-32.20%-40.64%
Avg. Volume (3M)3.74M7.76M

Risk-Adjusted Performance

Risk-Return Positioning

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ADI and ASX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Sharpe Ratio (1Y)1.731.96
Sortino Ratio (1Y)2.562.77

Profitability

ROE (TTM)

Both Analog Devices (ADI) at 12.23% and ASE (ASX) at 19.90% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ADI

Semiconductors & Semiconductor Equipment industry group

12.23%

Max
52.82%
Q3
22.26%
ADI
12.23%
Median
10.58%
Q1
1.29%
Min
-16.89%

ASX

Semiconductors & Semiconductor Equipment industry group

19.90%

Max
52.82%
Q3
22.26%
ASX
19.90%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Analog Devices (ADI) at 29.79% retains a top-quartile share of revenue as profit, ahead of ASE (ASX) at 9.78%, which keeps about the industry-typical share.

ADI

Semiconductors & Semiconductor Equipment industry group

29.79%

Max
63.80%
ADI
29.79%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%

ASX

Semiconductors & Semiconductor Equipment industry group

9.78%

Max
63.80%
Q3
28.36%
Median
11.44%
ASX
9.78%
Q1
0.90%
Min
-37.77%
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Analog Devices (ADI) at 39.50% operates in the top operating margin quartile, ahead of ASE (ASX) at 13.57%, which runs around its industry’s norm.

ADI

Semiconductors & Semiconductor Equipment industry group

39.50%

Max
58.66%
ADI
39.50%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%

ASX

Semiconductors & Semiconductor Equipment industry group

13.57%

Max
58.66%
Q3
30.23%
Median
15.91%
ASX
13.57%
Q1
7.54%
Min
-25.74%
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
ROE (TTM)12.23%19.90%
ROA (TTM)6.41%5.36%
Net Margin (TTM)29.79%9.78%
Operating Margin (TTM)39.50%13.57%
Gross Margin (TTM)65.80%20.80%

Growth

Revenue Growth

Both Analog Devices (ADI) at 16.89% and ASE (ASX) at 8.39% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Analog Devices (ADI) vs. ASE (ASX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Analog Devices (ADI) at 39.02% sits in the top EPS growth quartile, while ASE (ASX) at 22.96% is closer to the peer norm — faster per-share earnings growth for ADI.

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Analog Devices (ADI) vs. ASE (ASX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Revenue Growth (YoY)16.89%8.39%
Revenue Growth (3Y CAGR)-2.84%-1.28%
EPS Growth (YoY)39.02%22.96%
EPS Growth (3Y CAGR)-4.59%-13.66%

Financial Strength

Current Ratio (MRQ)

Both Analog Devices (ADI) at 1.25 and ASE (ASX) at 1.16 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

ADI

Semiconductors & Semiconductor Equipment industry group

1.25

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
ADI
1.25
Min
1.03

ASX

Semiconductors & Semiconductor Equipment industry group

1.16

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
ASX
1.16
Min
1.03
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Analog Devices (ADI) at 0.27 carries an industry-typical debt-to-equity mix, while ASE (ASX) at 0.87 uses more debt funding than most peers.

ADI

Semiconductors & Semiconductor Equipment industry group

0.27

Max
1.46
Q3
0.65
ADI
0.27
Median
0.27
Q1
0.04
Min
0.00

ASX

Semiconductors & Semiconductor Equipment industry group

0.87

Max
1.46
ASX
0.87
Q3
0.65
Median
0.27
Q1
0.04
Min
0.00
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Current Ratio (MRQ)1.251.16
Debt / Equity (MRQ)0.270.87
Net Debt / EBITDA0.991.85

Dividends

Dividend Yield (TTM)

ASE (ASX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.

ADI

Semiconductors & Semiconductor Equipment industry group

1.19%

Max
1.37%
ADI
1.19%
Q3
0.65%
Median
0.00%
Q1
0.00%
Min
0.00%

ASX

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
ASX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both Analog Devices (ADI) at 49.64% and ASE (ASX) at 39.77% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

ADI

Semiconductors & Semiconductor Equipment industry group

49.64%

ADI
49.64%
Max
49.64%
Q3
21.71%
Median
0.00%
Q1
0.00%
Min
0.00%

ASX

Semiconductors & Semiconductor Equipment industry group

39.77%

Max
49.64%
ASX
39.77%
Q3
21.71%
Median
0.00%
Q1
0.00%
Min
0.00%
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
Dividend Yield (TTM)1.19%0.00%
Dividend Payout Ratio (TTM)49.64%39.77%

Valuation

P/E Ratio (TTM)

Both Analog Devices (ADI) at 43.18 and ASE (ASX) at 30.41 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ADI

Semiconductors & Semiconductor Equipment industry group

43.18

Max
110.34
Q3
66.81
ADI
43.18
Median
37.02
Q1
23.96
Min
8.12

ASX

Semiconductors & Semiconductor Equipment industry group

30.41

Max
110.34
Q3
66.81
Median
37.02
ASX
30.41
Q1
23.96
Min
8.12
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

ASE (ASX) at 0.09 looks cheap on sales in the lower P/S ratio quartile, while Analog Devices (ADI) at 12.69 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ADI

Semiconductors & Semiconductor Equipment industry group

12.69

Max
21.42
ADI
12.69
Q3
12.27
Median
5.76
Q1
2.73
Min
0.00

ASX

Semiconductors & Semiconductor Equipment industry group

0.09

Max
21.42
Q3
12.27
Median
5.76
Q1
2.73
ASX
0.09
Min
0.00
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Analog Devices (ADI) at 5.25 and ASE (ASX) at 5.34 are valued close to their industries’ norm against book — neither stands out from peers.

ADI

Semiconductors & Semiconductor Equipment industry group

5.25

Max
14.06
Q3
7.44
ADI
5.25
Median
4.29
Q1
2.30
Min
0.20

ASX

Semiconductors & Semiconductor Equipment industry group

5.34

Max
14.06
Q3
7.44
ASX
5.34
Median
4.29
Q1
2.30
Min
0.20
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Analog Devices (ADI) vs. ASE (ASX): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Analog Devices (ADI) and ASE (ASX)
MetricADIASX
P/E Ratio (TTM)43.1830.41
P/S Ratio (TTM)12.690.09
P/B Ratio (MRQ)5.255.34
Free Cash Flow Yield (TTM)2.35%-275.26%