ASX vs. AVGO: ASE Technology vs. Broadcom Stock Comparison
How do ASE Technology (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 Technology (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 Technology (ASX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ASX | AVGO |
|---|---|---|
| Name | ASE Technology Holding Co., Ltd. Sponsored 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 | 90.70 billion USD | 1,817.73 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 2, 2000 | August 6, 2009 |
| Security Type | ADR | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| Total Return (1Y) | 304.02% | 45.91% |
Risk
Drawdown
Risk at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| Volatility (1Y, Annualized) | 48.55% | 46.42% |
| Beta (5Y) | 1.68 | 1.46 |
| Avg. Volume (3M) | 9.23M | 25.86M |
Profitability
ROE (TTM)
Broadcom (AVGO) at 37.28% sits in the top ROE quartile, while ASE Technology (ASX) at 13.58% is closer to the peer norm — stronger capital efficiency for AVGO.
ASX
Semiconductors & Semiconductor Equipment industry group
13.58%
- Max
- 39.82%
- Q3
- 18.12%
- ASX
- 13.58%
- Median
- 6.77%
- Q1
- -4.30%
- Min
- -35.15%
AVGO
Semiconductors & Semiconductor Equipment industry group
37.28%
- Max
- 39.82%
- AVGO
- 37.28%
- Q3
- 18.12%
- Median
- 6.77%
- Q1
- -4.30%
- Min
- -35.15%
Net Margin (TTM)
Broadcom (AVGO) at 38.85% retains a top-quartile share of revenue as profit, ahead of ASE Technology (ASX) at 7.04%, which keeps about the industry-typical share.
ASX
Semiconductors & Semiconductor Equipment industry group
7.04%
- Max
- 46.63%
- Q3
- 21.03%
- Median
- 7.60%
- ASX
- 7.04%
- Q1
- -3.31%
- Min
- -32.92%
AVGO
Semiconductors & Semiconductor Equipment industry group
38.85%
- Max
- 46.63%
- AVGO
- 38.85%
- Q3
- 21.03%
- Median
- 7.60%
- Q1
- -3.31%
- Min
- -32.92%
Operating Margin (TTM)
Broadcom (AVGO) at 48.99% operates in the top operating margin quartile, ahead of ASE Technology (ASX) at 10.10%, which runs around its industry’s norm.
ASX
Semiconductors & Semiconductor Equipment industry group
10.10%
- Max
- 65.60%
- Q3
- 22.15%
- Median
- 10.26%
- ASX
- 10.10%
- Q1
- -8.08%
- Min
- -46.64%
AVGO
Semiconductors & Semiconductor Equipment industry group
48.99%
- Max
- 65.60%
- AVGO
- 48.99%
- Q3
- 22.15%
- Median
- 10.26%
- Q1
- -8.08%
- Min
- -46.64%
Profitability at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| ROE (TTM) | 13.58% | 37.28% |
| ROA (TTM) | 4.23% | 12.12% |
| Net Margin (TTM) | 7.04% | 38.85% |
| Operating Margin (TTM) | 10.10% | 48.99% |
| Gross Margin (TTM) | 18.51% | 76.28% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| Revenue Growth (YoY) | 8.39% | 23.87% |
| Revenue Growth (3Y CAGR) | -1.28% | 24.38% |
EPS Growth
EPS Growth at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| EPS Growth (YoY) | 22.96% | 287.80% |
| EPS Growth (3Y CAGR) | -13.66% | 21.60% |
Financial Strength
Current Ratio (MRQ)
Both ASE Technology (ASX) at 1.15 and Broadcom (AVGO) at 2.24 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
ASX
Semiconductors & Semiconductor Equipment industry group
1.15
- Max
- 11.30
- Q3
- 6.00
- Median
- 3.23
- Q1
- 2.36
- ASX
- 1.15
- Min
- 0.51
AVGO
Semiconductors & Semiconductor Equipment industry group
2.24
- Max
- 11.30
- Q3
- 6.00
- Median
- 3.23
- Q1
- 2.36
- AVGO
- 2.24
- Min
- 0.51
Debt / Equity (MRQ)
Both ASE Technology (ASX) at 0.67 and Broadcom (AVGO) at 0.74 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
ASX
Semiconductors & Semiconductor Equipment industry group
0.67
- Max
- 1.53
- ASX
- 0.67
- Q3
- 0.64
- Median
- 0.23
- Q1
- 0.05
- Min
- 0.00
AVGO
Semiconductors & Semiconductor Equipment industry group
0.74
- Max
- 1.53
- AVGO
- 0.74
- Q3
- 0.64
- Median
- 0.23
- Q1
- 0.05
- Min
- 0.00
Financial Strength at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| Current Ratio (MRQ) | 1.15 | 2.24 |
| Debt / Equity (MRQ) | 0.67 | 0.74 |
| Net Debt / EBITDA | 1.14 | 1.08 |
Dividends
Dividend Yield (TTM)
ASE Technology (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 0.67%, ranking against industry peers normally.
ASX
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 0.50%
- Q3
- 0.23%
- ASX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AVGO
Semiconductors & Semiconductor Equipment industry group
0.67%
- AVGO
- 0.67%
- Max
- 0.50%
- Q3
- 0.23%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both pay out more than their industries’ typical bands, and ASX more so: Broadcom (AVGO) at 41.26% sits above the band, while ASE Technology (ASX) at 50.88% exceeds every peer in its group.
ASX
Semiconductors & Semiconductor Equipment industry group
50.88%
- ASX
- 50.88%
- Max
- 47.82%
- Q3
- 19.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AVGO
Semiconductors & Semiconductor Equipment industry group
41.26%
- Max
- 47.82%
- AVGO
- 41.26%
- Q3
- 19.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.67% |
| Dividend Payout Ratio (TTM) | 50.88% | 41.26% |
Valuation
P/E Ratio (TTM)
Both ASE Technology (ASX) at 64.59 and Broadcom (AVGO) at 63.68 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
64.59
- Max
- 272.87
- Q3
- 143.90
- Median
- 69.46
- ASX
- 64.59
- Q1
- 47.40
- Min
- 4.06
AVGO
Semiconductors & Semiconductor Equipment industry group
63.68
- Max
- 272.87
- Q3
- 143.90
- Median
- 69.46
- AVGO
- 63.68
- Q1
- 47.40
- Min
- 4.06
P/S Ratio (TTM)
ASE Technology (ASX) at 0.14 looks cheap on sales in the lower P/S ratio quartile, while Broadcom (AVGO) at 24.09 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
ASX
Semiconductors & Semiconductor Equipment industry group
0.14
- Max
- 39.42
- Q3
- 20.66
- Median
- 10.46
- Q1
- 4.21
- ASX
- 0.14
- Min
- 0.01
AVGO
Semiconductors & Semiconductor Equipment industry group
24.09
- Max
- 39.42
- AVGO
- 24.09
- Q3
- 20.66
- Median
- 10.46
- Q1
- 4.21
- Min
- 0.01
P/B Ratio (MRQ)
ASE Technology (ASX) at 8.21 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 20.73 carries an above-peer premium to book — AVGO is pricier on assets.
ASX
Semiconductors & Semiconductor Equipment industry group
8.21
- Max
- 26.61
- Q3
- 13.42
- ASX
- 8.21
- Median
- 7.60
- Q1
- 3.92
- Min
- 0.21
AVGO
Semiconductors & Semiconductor Equipment industry group
20.73
- Max
- 26.61
- AVGO
- 20.73
- Q3
- 13.42
- Median
- 7.60
- Q1
- 3.92
- Min
- 0.21
Valuation at a Glance
| Metric | ASX | AVGO |
|---|---|---|
| P/E Ratio (TTM) | 64.59 | 63.68 |
| P/S Ratio (TTM) | 0.14 | 24.09 |
| P/B Ratio (MRQ) | 8.21 | 20.73 |
| Free Cash Flow Yield (TTM) | -72.91% | 1.50% |