ASX vs. AVGO: ASE vs. Broadcom Stock Comparison

November 11, 2026

How do ASE (ASX) and Broadcom (AVGO) 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

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

Broadcom (AVGO) 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 ASE (ASX) and Broadcom (AVGO)
Profile Item	ASX	AVGO
Name	ASE Technology Holding Co., Ltd. ADR	Broadcom Inc.
Country/Region	Taiwan	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	69.83 billion USD	1,401.97 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 2000	August 6, 2009
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

ASX

AVGO

GSPC

ASE (ASX) vs. Broadcom (AVGO), 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 ASE (ASX) and Broadcom (AVGO). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Total Return (1Y)	127.56%	-8.02%
Total Return (3Y, Annualized)	67.56%	53.49%
Total Return (5Y, Annualized)	41.55%	44.26%

Risk Profile

Drawdown History

ASX

AVGO

GSPC

ASE (ASX) vs. Broadcom (AVGO), 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 ASE (ASX) and Broadcom (AVGO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Volatility (1Y, Annualized)	62.95%	48.06%
Beta (5Y)	1.83	1.50
Max Drawdown (5Y)	-40.64%	-41.15%
Avg. Volume (3M)	7.76M	23.75M

Risk-Adjusted Performance

Risk-Return Positioning

ASX and AVGO 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 ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Sharpe Ratio (1Y)	1.96	-0.26
Sortino Ratio (1Y)	2.77	-0.35

Profitability

ROE (TTM)

Broadcom (AVGO) at 44.25% sits in the top ROE quartile, while ASE (ASX) at 19.90% is closer to the peer norm — stronger capital efficiency for AVGO.

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%

AVGO

Semiconductors & Semiconductor Equipment industry group

44.25%

Max: 52.82%
AVGO: 44.25%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

ASE (ASX) vs. Broadcom (AVGO): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Broadcom (AVGO) at 42.94% retains a top-quartile share of revenue as profit, ahead of ASE (ASX) at 9.78%, which keeps about the industry-typical share.

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%

AVGO

Semiconductors & Semiconductor Equipment industry group

42.94%

Max: 63.80%
AVGO: 42.94%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

ASE (ASX) vs. Broadcom (AVGO): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Broadcom (AVGO) at 54.31% operates in the top operating margin quartile, ahead of ASE (ASX) at 13.57%, which runs around its industry’s norm.

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%

AVGO

Semiconductors & Semiconductor Equipment industry group

54.31%

Max: 58.66%
AVGO: 54.31%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ASE (ASX) vs. Broadcom (AVGO): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
ROE (TTM)	19.90%	44.25%
ROA (TTM)	5.36%	15.37%
Net Margin (TTM)	9.78%	42.94%
Operating Margin (TTM)	13.57%	54.31%
Gross Margin (TTM)	20.80%	75.52%

Growth

Revenue Growth

Both ASE (ASX) at 8.39% and Broadcom (AVGO) at 23.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

ASE (ASX) vs. Broadcom (AVGO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Broadcom (AVGO) at 287.80% clears its industry range for EPS growth, a much stronger earnings trajectory than ASE (ASX) at 22.96%, which is closer to a typical peer reading.

ASE (ASX) vs. Broadcom (AVGO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Revenue Growth (YoY)	8.39%	23.87%
Revenue Growth (3Y CAGR)	-1.28%	24.38%
EPS Growth (YoY)	22.96%	287.80%
EPS Growth (3Y CAGR)	-13.66%	21.60%

Financial Strength

Current Ratio (MRQ)

Broadcom (AVGO) at 2.50 keeps current ratio within its industry’s typical mid-range, while ASE (ASX) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ASX.

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

AVGO

Semiconductors & Semiconductor Equipment industry group

2.50

Max: 10.33
Q3: 5.62
Median: 3.33
AVGO: 2.50
Q1: 2.35
Min: 1.03

ASE (ASX) vs. Broadcom (AVGO): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Broadcom (AVGO) at 0.60 carries an industry-typical debt-to-equity mix, while ASE (ASX) at 0.87 uses more debt funding than most peers.

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

AVGO

Semiconductors & Semiconductor Equipment industry group

0.60

Max: 1.46
Q3: 0.65
AVGO: 0.60
Median: 0.27
Q1: 0.04
Min: 0.00

ASE (ASX) vs. Broadcom (AVGO): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Current Ratio (MRQ)	1.16	2.50
Debt / Equity (MRQ)	0.87	0.60
Net Debt / EBITDA	1.85	0.68

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 Broadcom (AVGO) reports a yield of 0.89%, ranking against industry peers normally.

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%

AVGO

Semiconductors & Semiconductor Equipment industry group

0.89%

Max: 1.37%
AVGO: 0.89%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE (ASX) vs. Broadcom (AVGO): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both ASE (ASX) at 39.77% and Broadcom (AVGO) at 32.44% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

AVGO

Semiconductors & Semiconductor Equipment industry group

32.44%

Max: 49.64%
AVGO: 32.44%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE (ASX) vs. Broadcom (AVGO): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
Dividend Yield (TTM)	0.00%	0.89%
Dividend Payout Ratio (TTM)	39.77%	32.44%

Valuation

P/E Ratio (TTM)

Both ASE (ASX) at 30.41 and Broadcom (AVGO) at 37.51 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

AVGO

Semiconductors & Semiconductor Equipment industry group

37.51

Max: 110.34
Q3: 66.81
AVGO: 37.51
Median: 37.02
Q1: 23.96
Min: 8.12

ASE (ASX) vs. Broadcom (AVGO): 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 Broadcom (AVGO) at 15.73 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

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

AVGO

Semiconductors & Semiconductor Equipment industry group

15.73

Max: 21.42
AVGO: 15.73
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

ASE (ASX) vs. Broadcom (AVGO): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

ASE (ASX) at 5.34 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 14.06 carries an above-peer premium to book — AVGO is pricier on assets.

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

AVGO

Semiconductors & Semiconductor Equipment industry group

14.06

AVGO: 14.06
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

ASE (ASX) vs. Broadcom (AVGO): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for ASE (ASX) and Broadcom (AVGO)
Metric	ASX	AVGO
P/E Ratio (TTM)	30.41	37.51
P/S Ratio (TTM)	0.09	15.73
P/B Ratio (MRQ)	5.34	14.06
Free Cash Flow Yield (TTM)	-275.26%	2.18%