Seek Returns

ALAB vs. ASX: Astera Labs vs. ASE Stock Comparison

How do Astera Labs (ALAB) 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

Astera Labs (ALAB) 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.

ASE (ASX) carries decades of public-market history since October 2, 2000, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the ASX side.

Astera Labs (ALAB) 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 Astera Labs (ALAB) and ASE (ASX)
Profile ItemALABASX
NameAstera Labs, 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 Capitalization33.33 billion USD69.83 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 20, 2024October 2, 2000
Security TypeCommon StockADR

Price Performance

Cumulative Growth

ALAB
ASX
GSPC
Loading price history…
Astera Labs (ALAB) 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

Loading price history…
Trailing total returns for Astera Labs (ALAB) and ASE (ASX). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Astera Labs (ALAB) and ASE (ASX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Total Return (1Y)31.42%127.56%
Total Return (3Y, Annualized)--67.56%
Total Return (5Y, Annualized)--41.55%

Risk Profile

Drawdown History

ALAB
ASX
GSPC
Loading price history…
Astera Labs (ALAB) 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

Loading price history…
Distribution of monthly total returns for Astera Labs (ALAB) and ASE (ASX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Volatility (1Y, Annualized)101.55%62.95%
Beta (5Y)3.951.83
Max Drawdown (5Y)-63.69%-40.64%
Avg. Volume (3M)4.15M7.76M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ALAB 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 Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Sharpe Ratio (1Y)0.271.96
Sortino Ratio (1Y)0.392.77

Profitability

ROE (TTM)

Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while ASE (ASX) at 19.90% is closer to the peer norm — stronger capital efficiency for ALAB.

ALAB

Semiconductors & Semiconductor Equipment industry group

28.21%

Max
52.82%
ALAB
28.21%
Q3
22.26%
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%
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Astera Labs (ALAB) at 29.64% retains a top-quartile share of revenue as profit, ahead of ASE (ASX) at 9.78%, which keeps about the industry-typical share.

ALAB

Semiconductors & Semiconductor Equipment industry group

29.64%

Max
63.80%
ALAB
29.64%
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%
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of ASE (ASX) at 13.57%, which runs around its industry’s norm.

ALAB

Semiconductors & Semiconductor Equipment industry group

30.61%

Max
58.66%
ALAB
30.61%
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%
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
ROE (TTM)28.21%19.90%
ROA (TTM)13.41%5.36%
Net Margin (TTM)29.64%9.78%
Operating Margin (TTM)30.61%13.57%
Gross Margin (TTM)73.89%20.80%

Growth

Revenue Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than ASE (ASX) at 8.39%, which is closer to a typical peer reading.

Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: ASE (ASX) reports EPS growth of 22.96%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Revenue Growth (YoY)115.13%8.39%
Revenue Growth (3Y CAGR)120.18%-1.28%
EPS Growth (YoY)--22.96%
EPS Growth (3Y CAGR)---13.66%

Financial Strength

Current Ratio (MRQ)

Astera Labs (ALAB) at 8.03 carries current ratio above its industry’s typical mid-range, while ASE (ASX) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

ALAB

Semiconductors & Semiconductor Equipment industry group

8.03

Max
10.33
ALAB
8.03
Q3
5.62
Median
3.33
Q1
2.35
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
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Astera Labs (ALAB) at 0.02 keeps leverage in the lower quartile, while ASE (ASX) at 0.87 sits in the higher-leverage quartile.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.02

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
ALAB
0.02
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
Loading chart…
Astera Labs (ALAB) 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 Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Current Ratio (MRQ)8.031.16
Debt / Equity (MRQ)0.020.87
Net Debt / EBITDA-3.231.85

Dividends

Dividend Yield (TTM)

Neither Astera Labs (ALAB) nor ASE (ASX) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
ALAB
0.00%
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%
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASE (ASX) reports a payout of 39.77%, ranking against industry peers normally.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
49.64%
Q3
21.71%
ALAB
0.00%
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%
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%39.77%

Valuation

P/E Ratio (TTM)

ASE (ASX) at 30.41 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.38

Max
110.34
ALAB
75.38
Q3
66.81
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
Loading chart…
Astera Labs (ALAB) 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 Astera Labs (ALAB) at 21.42 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.42

ALAB
21.42
Max
21.42
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
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

ASE (ASX) at 5.34 sits near its industry’s typical P/B ratio, while Astera Labs (ALAB) at 16.67 prices above its benchmark range — ALAB looks rich relative to book.

ALAB

Semiconductors & Semiconductor Equipment industry group

16.67

ALAB
16.67
Max
14.06
Q3
7.44
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
Loading chart…
Astera Labs (ALAB) vs. ASE (ASX): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and ASE (ASX)
MetricALABASX
P/E Ratio (TTM)75.3830.41
P/S Ratio (TTM)21.420.09
P/B Ratio (MRQ)16.675.34
Free Cash Flow Yield (TTM)0.39%-275.26%