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ASX vs. LRCX: ASE vs. Lam Research Stock Comparison

How do ASE (ASX) and Lam Research (LRCX) 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 Lam Research (LRCX) both belong to the Semiconductors & Semiconductor Equipment industry, though ASX is classified under Semiconductors while LRCX falls under Semiconductor Materials & Equipment.

Lam Research (LRCX) 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 Lam Research (LRCX)
Profile ItemASXLRCX
NameASE Technology Holding Co., Ltd. ADRLam Research Corp.
Country/RegionTaiwanUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductor Materials & Equipment
Market Capitalization69.83 billion USD250.84 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 2, 2000May 4, 1984
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ASX
LRCX
GSPC
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ASE (ASX) vs. Lam Research (LRCX), 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 Lam Research (LRCX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
Total Return (1Y)127.56%36.98%
Total Return (3Y, Annualized)67.56%50.75%
Total Return (5Y, Annualized)41.55%29.74%

Risk Profile

Drawdown History

ASX
LRCX
GSPC
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ASE (ASX) vs. Lam Research (LRCX), 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 Lam Research (LRCX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
Volatility (1Y, Annualized)62.95%68.85%
Beta (5Y)1.832.02
Max Drawdown (5Y)-40.64%-57.22%
Avg. Volume (3M)7.76M9.82M

Risk-Adjusted Performance

Risk-Return Positioning

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ASX and LRCX 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 Lam Research (LRCX)
MetricASXLRCX
Sharpe Ratio (1Y)1.960.47
Sortino Ratio (1Y)2.770.69

Profitability

ROE (TTM)

Lam Research (LRCX) at 70.12% clears its industry range for ROE, a sharper capital-efficiency signal than ASE (ASX) at 19.90%, which is closer to a typical peer reading.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

70.12%

LRCX
70.12%
Max
52.82%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Lam Research (LRCX) at 32.34% 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%

LRCX

Semiconductors & Semiconductor Equipment industry group

32.34%

Max
63.80%
LRCX
32.34%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Lam Research (LRCX) at 39.95% 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%

LRCX

Semiconductors & Semiconductor Equipment industry group

39.95%

Max
58.66%
LRCX
39.95%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
ROE (TTM)19.90%70.12%
ROA (TTM)5.36%25.01%
Net Margin (TTM)9.78%32.34%
Operating Margin (TTM)13.57%39.95%
Gross Margin (TTM)20.80%51.05%

Growth

Revenue Growth

Lam Research (LRCX) at 26.02% sits in the top revenue growth quartile, while ASE (ASX) at 8.39% is closer to the peer norm — faster top-line expansion for LRCX.

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ASE (ASX) vs. Lam Research (LRCX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ASE (ASX) at 22.96% and Lam Research (LRCX) at 38.80% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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ASE (ASX) vs. Lam Research (LRCX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
Revenue Growth (YoY)8.39%26.02%
Revenue Growth (3Y CAGR)-1.28%10.06%
EPS Growth (YoY)22.96%38.80%
EPS Growth (3Y CAGR)-13.66%20.15%

Financial Strength

Current Ratio (MRQ)

Lam Research (LRCX) at 2.48 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

LRCX

Semiconductors & Semiconductor Equipment industry group

2.48

Max
10.33
Q3
5.62
Median
3.33
LRCX
2.48
Q1
2.35
Min
1.03
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Lam Research (LRCX) at 0.27 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

LRCX

Semiconductors & Semiconductor Equipment industry group

0.27

Max
1.46
Q3
0.65
LRCX
0.27
Median
0.27
Q1
0.04
Min
0.00
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ASE (ASX) vs. Lam Research (LRCX): 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 Lam Research (LRCX)
MetricASXLRCX
Current Ratio (MRQ)1.162.48
Debt / Equity (MRQ)0.870.27
Net Debt / EBITDA1.85-0.37

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 Lam Research (LRCX) reports a yield of 0.60%, 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%

LRCX

Semiconductors & Semiconductor Equipment industry group

0.60%

Max
1.37%
Q3
0.65%
LRCX
0.60%
Median
0.00%
Q1
0.00%
Min
0.00%
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Lam Research (LRCX) at 16.54% pays out a band-typical share of earnings, while ASE (ASX) at 39.77% distributes more than its industry norm — less retained, thinner cover.

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%

LRCX

Semiconductors & Semiconductor Equipment industry group

16.54%

Max
49.64%
Q3
21.71%
LRCX
16.54%
Median
0.00%
Q1
0.00%
Min
0.00%
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
Dividend Yield (TTM)0.00%0.60%
Dividend Payout Ratio (TTM)39.77%16.54%

Valuation

P/E Ratio (TTM)

Both ASE (ASX) at 30.41 and Lam Research (LRCX) at 29.87 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

LRCX

Semiconductors & Semiconductor Equipment industry group

29.87

Max
110.34
Q3
66.81
Median
37.02
LRCX
29.87
Q1
23.96
Min
8.12
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

ASE (ASX) at 0.09 sits in the cheaper P/S ratio quartile while Lam Research (LRCX) at 9.60 prices around its industry’s middle — ASX costs less per dollar of sales, though read it alongside growth and margins.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

9.60

Max
21.42
Q3
12.27
LRCX
9.60
Median
5.76
Q1
2.73
Min
0.00
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ASE (ASX) vs. Lam Research (LRCX): 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 Lam Research (LRCX) at 18.00 prices above its benchmark range — LRCX looks rich relative to book.

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

LRCX

Semiconductors & Semiconductor Equipment industry group

18.00

LRCX
18.00
Max
14.06
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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ASE (ASX) vs. Lam Research (LRCX): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for ASE (ASX) and Lam Research (LRCX)
MetricASXLRCX
P/E Ratio (TTM)30.4129.87
P/S Ratio (TTM)0.099.60
P/B Ratio (MRQ)5.3418.00
Free Cash Flow Yield (TTM)-275.26%1.81%