ASX vs. FSLR: ASE vs. First Solar Stock Comparison

Company Profile

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

First Solar (FSLR) 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both ASE (ASX) at 19.90% and First Solar (FSLR) at 18.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

First Solar (FSLR) at 37.12% retains a top-quartile share of revenue as profit, ahead of ASE (ASX) at 9.78%, which keeps about the industry-typical share.

First Solar (FSLR) at 44.37% operates in the top operating margin quartile, ahead of ASE (ASX) at 13.57%, which runs around its industry’s norm.

Profitability Metrics

Growth

Both ASE (ASX) at 8.39% and First Solar (FSLR) at 24.09% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Both ASE (ASX) at 22.96% and First Solar (FSLR) at 18.22% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Growth Metrics

Financial Strength

First Solar (FSLR) at 2.57 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.

First Solar (FSLR) at 0.03 keeps leverage in the lower quartile, while ASE (ASX) at 0.87 sits in the higher-leverage quartile.

Financial Strength Metrics

Dividends

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

First Solar (FSLR) 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.

Dividend Metrics

Valuation

First Solar (FSLR) at 11.63 sits in the cheaper P/E ratio quartile, while ASE (ASX) at 30.41 is closer to its industry’s usual earnings multiple — a discount for FSLR, though growth and earnings durability still matter.

ASE (ASX) at 0.09 sits in the cheaper P/S ratio quartile while First Solar (FSLR) at 4.31 prices around its industry’s middle — ASX costs less per dollar of sales, though read it alongside growth and margins.

First Solar (FSLR) at 1.99 sits in the lower P/B ratio quartile against book while ASE (ASX) at 5.34 is valued near its industry’s middle — FSLR is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics