ASX vs. MU: ASE vs. Micron Stock Comparison
How do ASE (ASX) and Micron (MU) 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 Micron (MU) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Micron (MU) 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.
| Profile Item | ASX | MU |
|---|---|---|
| Name | ASE Technology Holding Co., Ltd. ADR | Micron Technology 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 | 780.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 2, 2000 | June 1, 1984 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ASX | MU |
|---|---|---|
| Total Return (1Y) | 127.56% | 208.53% |
| Total Return (3Y, Annualized) | 67.56% | 115.89% |
| Total Return (5Y, Annualized) | 41.55% | 58.28% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ASX | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 62.95% | 83.85% |
| Beta (5Y) | 1.83 | 2.44 |
| Max Drawdown (5Y) | -40.64% | -57.63% |
| Avg. Volume (3M) | 7.76M | 27.63M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ASX | MU |
|---|---|---|
| Sharpe Ratio (1Y) | 1.96 | 2.44 |
| Sortino Ratio (1Y) | 2.77 | 3.87 |
Profitability
ROE (TTM)
Micron (MU) at 88.26% 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%
MU
Semiconductors & Semiconductor Equipment industry group
88.26%
- MU
- 88.26%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Micron (MU) at 63.80% 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%
MU
Semiconductors & Semiconductor Equipment industry group
63.80%
- MU
- 63.80%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while ASE (ASX) at 13.57% operates 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%
MU
Semiconductors & Semiconductor Equipment industry group
80.68%
- MU
- 80.68%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ASX | MU |
|---|---|---|
| ROE (TTM) | 19.90% | 88.26% |
| ROA (TTM) | 5.36% | 44.56% |
| Net Margin (TTM) | 9.78% | 63.80% |
| Operating Margin (TTM) | 13.57% | 80.68% |
| Gross Margin (TTM) | 20.80% | 80.72% |
Growth
Revenue Growth
Micron (MU) at 256.33% clears its industry range for revenue growth, far stronger top-line momentum than ASE (ASX) at 8.39%, which is closer to a typical peer reading.
EPS Growth
Micron (MU) at 879.31% 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.
Growth Metrics
| Metric | ASX | MU |
|---|---|---|
| Revenue Growth (YoY) | 8.39% | 256.33% |
| Revenue Growth (3Y CAGR) | -1.28% | 104.65% |
| EPS Growth (YoY) | 22.96% | 879.31% |
| EPS Growth (3Y CAGR) | -13.66% | -- |
Financial Strength
Current Ratio (MRQ)
Micron (MU) at 3.31 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
MU
Semiconductors & Semiconductor Equipment industry group
3.31
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- MU
- 3.31
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Micron (MU) at 0.04 keeps leverage in the lower quartile, while ASE (ASX) at 0.87 sits in the higher-leverage quartile.
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
MU
Semiconductors & Semiconductor Equipment industry group
0.04
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- MU
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ASX | MU |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 3.31 |
| Debt / Equity (MRQ) | 0.87 | 0.04 |
| Net Debt / EBITDA | 1.85 | -0.35 |
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 Micron (MU) reports a yield of 0.09%, 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%
MU
Semiconductors & Semiconductor Equipment industry group
0.09%
- Max
- 1.37%
- Q3
- 0.65%
- MU
- 0.09%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Micron (MU) at 0.71% 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%
MU
Semiconductors & Semiconductor Equipment industry group
0.71%
- Max
- 49.64%
- Q3
- 21.71%
- MU
- 0.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ASX | MU |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.09% |
| Dividend Payout Ratio (TTM) | 39.77% | 0.71% |
Valuation
P/E Ratio (TTM)
Micron (MU) at 9.28 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 MU, though growth and earnings durability still matter.
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
MU
Semiconductors & Semiconductor Equipment industry group
9.28
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- MU
- 9.28
- Min
- 8.12
P/S Ratio (TTM)
ASE (ASX) at 0.09 sits in the cheaper P/S ratio quartile while Micron (MU) at 5.86 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
MU
Semiconductors & Semiconductor Equipment industry group
5.86
- Max
- 21.42
- Q3
- 12.27
- MU
- 5.86
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both ASE (ASX) at 5.34 and Micron (MU) at 5.64 are valued close to their industries’ norm against book — neither stands out from peers.
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
MU
Semiconductors & Semiconductor Equipment industry group
5.64
- Max
- 14.06
- Q3
- 7.44
- MU
- 5.64
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ASX | MU |
|---|---|---|
| P/E Ratio (TTM) | 30.41 | 9.28 |
| P/S Ratio (TTM) | 0.09 | 5.86 |
| P/B Ratio (MRQ) | 5.34 | 5.64 |
| Free Cash Flow Yield (TTM) | -275.26% | 3.73% |