ANET vs. ASX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ANET and ASX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
ANET is a standard domestic listing, while ASX trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
| Symbol | ANET | ASX |
|---|---|---|
| Company Name | Arista Networks Inc | ASE Technology Holding Co., Ltd. |
| Country | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Communications Equipment | Semiconductors & Semiconductor Equipment |
| Market Capitalization | 197.78 billion USD | 25.79 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 6, 2014 | October 2, 2000 |
| Security Type | Common Stock | ADR |
Historical Performance
This chart compares the performance of ANET and ASX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | ANET | ASX |
|---|---|---|
| 5-Day Price Return | 8.93% | 7.06% |
| 13-Week Price Return | 48.06% | 22.03% |
| 26-Week Price Return | 120.79% | 17.11% |
| 52-Week Price Return | 60.34% | 34.82% |
| Month-to-Date Return | 8.00% | 6.40% |
| Year-to-Date Return | 42.37% | 7.72% |
| 10-Day Avg. Volume | 7.36M | 21.51M |
| 3-Month Avg. Volume | 9.31M | 16.17M |
| 3-Month Volatility | 51.95% | 31.61% |
| Beta | 1.39 | 1.17 |
Profitability
Return on Equity (TTM)
ANET
32.30%
Communications Equipment Industry
- Max
- 32.30%
- Q3
- 20.90%
- Median
- 9.10%
- Q1
- 4.29%
- Min
- -13.50%
In the upper quartile for the Communications Equipment industry, ANET’s Return on Equity of 32.30% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
ASX
11.02%
Semiconductors & Semiconductor Equipment Industry
- Max
- 47.13%
- Q3
- 23.50%
- Median
- 9.94%
- Q1
- 0.86%
- Min
- -20.69%
ASX’s Return on Equity of 11.02% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
ANET
40.89%
Communications Equipment Industry
- Max
- 23.65%
- Q3
- 12.56%
- Median
- 5.62%
- Q1
- 2.50%
- Min
- -3.09%
ANET’s Net Profit Margin of 40.89% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.
ASX
5.49%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 23.88%
- Median
- 10.17%
- Q1
- 1.21%
- Min
- -32.15%
ASX’s Net Profit Margin of 5.49% is aligned with the median group of its peers in the Semiconductors & Semiconductor Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
ANET
43.14%
Communications Equipment Industry
- Max
- 25.23%
- Q3
- 13.72%
- Median
- 6.44%
- Q1
- 3.00%
- Min
- -10.95%
ANET’s Operating Profit Margin of 43.14% is exceptionally high, placing it well above the typical range for the Communications Equipment industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
ASX
6.79%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.54%
- Median
- 11.18%
- Q1
- 3.31%
- Min
- -28.36%
ASX’s Operating Profit Margin of 6.79% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ANET | ASX |
|---|---|---|
| Return on Equity (TTM) | 32.30% | 11.02% |
| Return on Assets (TTM) | 22.45% | 4.56% |
| Net Profit Margin (TTM) | 40.89% | 5.49% |
| Operating Profit Margin (TTM) | 43.14% | 6.79% |
| Gross Profit Margin (TTM) | 64.24% | 16.68% |
Financial Strength
Current Ratio (MRQ)
ANET
3.33
Communications Equipment Industry
- Max
- 3.33
- Q3
- 2.13
- Median
- 1.55
- Q1
- 1.15
- Min
- 0.91
ANET’s Current Ratio of 3.33 is in the upper quartile for the Communications Equipment industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
ASX
1.02
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.58
- Q3
- 4.24
- Median
- 2.73
- Q1
- 2.13
- Min
- 1.02
ASX’s Current Ratio of 1.02 falls into the lower quartile for the Semiconductors & Semiconductor Equipment industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
ANET
0.00
Communications Equipment Industry
- Max
- 1.44
- Q3
- 0.86
- Median
- 0.53
- Q1
- 0.22
- Min
- 0.00
Falling into the lower quartile for the Communications Equipment industry, ANET’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
ASX
0.79
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.09
- Q3
- 0.48
- Median
- 0.25
- Q1
- 0.01
- Min
- 0.00
ASX’s leverage is in the upper quartile of the Semiconductors & Semiconductor Equipment industry, with a Debt-to-Equity Ratio of 0.79. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio (TTM)
ANET
171.78
Communications Equipment Industry
- Max
- 55.49
- Q3
- 34.19
- Median
- 7.59
- Q1
- 3.73
- Min
- -9.94
With an Interest Coverage Ratio of 171.78, ANET demonstrates a superior capacity to service its debt, placing it well above the typical range for the Communications Equipment industry. This stems from either robust earnings or a conservative debt load.
ASX
83.06
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 74.71
- Median
- 26.06
- Q1
- 6.43
- Min
- -7.80
ASX’s Interest Coverage Ratio of 83.06 is in the upper quartile for the Semiconductors & Semiconductor Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | ANET | ASX |
|---|---|---|
| Current Ratio (MRQ) | 3.33 | 1.02 |
| Quick Ratio (MRQ) | 2.58 | 0.79 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.79 |
| Interest Coverage Ratio (TTM) | 171.78 | 83.06 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
ANET
0.00%
Communications Equipment Industry
- Max
- 8.13%
- Q3
- 3.29%
- Median
- 0.94%
- Q1
- 0.00%
- Min
- 0.00%
ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
ASX
2.98%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.72%
- Q3
- 1.51%
- Median
- 0.69%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 2.98%, ASX offers a more attractive income stream than most of its peers in the Semiconductors & Semiconductor Equipment industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
ANET
0.00%
Communications Equipment Industry
- Max
- 111.16%
- Q3
- 70.91%
- Median
- 30.78%
- Q1
- 0.00%
- Min
- 0.00%
ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
ASX
232.35%
Semiconductors & Semiconductor Equipment Industry
- Max
- 205.27%
- Q3
- 88.01%
- Median
- 27.13%
- Q1
- 0.00%
- Min
- 0.00%
At 232.35%, ASX’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Semiconductors & Semiconductor Equipment industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.
Dividend at a Glance
| Symbol | ANET | ASX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.98% |
| Dividend Payout Ratio (TTM) | 0.00% | 232.35% |
Valuation
Price-to-Earnings Ratio (TTM)
ANET
56.16
Communications Equipment Industry
- Max
- 103.74
- Q3
- 61.65
- Median
- 26.20
- Q1
- 18.12
- Min
- 4.19
ANET’s P/E Ratio of 56.16 is within the middle range for the Communications Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
ASX
22.12
Semiconductors & Semiconductor Equipment Industry
- Max
- 106.30
- Q3
- 61.93
- Median
- 38.96
- Q1
- 23.71
- Min
- 13.06
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, ASX’s P/E Ratio of 22.12 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Price-to-Sales Ratio (TTM)
ANET
22.97
Communications Equipment Industry
- Max
- 6.86
- Q3
- 6.24
- Median
- 2.44
- Q1
- 1.02
- Min
- 0.48
With a P/S Ratio of 22.97, ANET trades at a valuation that eclipses even the highest in the Communications Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
ASX
1.21
Semiconductors & Semiconductor Equipment Industry
- Max
- 19.99
- Q3
- 10.21
- Median
- 5.23
- Q1
- 2.88
- Min
- 1.13
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, ASX’s P/S Ratio of 1.21 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
Price-to-Book Ratio (MRQ)
ANET
11.79
Communications Equipment Industry
- Max
- 6.28
- Q3
- 5.73
- Median
- 3.32
- Q1
- 2.02
- Min
- 0.42
At 11.79, ANET’s P/B Ratio is at an extreme premium to the Communications Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
ASX
2.23
Semiconductors & Semiconductor Equipment Industry
- Max
- 14.22
- Q3
- 6.94
- Median
- 4.29
- Q1
- 1.99
- Min
- 0.67
ASX’s P/B Ratio of 2.23 is within the conventional range for the Semiconductors & Semiconductor Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | ANET | ASX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 56.16 | 22.12 |
| Price-to-Sales Ratio (TTM) | 22.97 | 1.21 |
| Price-to-Book Ratio (MRQ) | 11.79 | 2.23 |
| Price-to-Free Cash Flow Ratio (TTM) | 45.94 | 82.88 |