ASX vs. MU: ASE Technology vs. Micron Technology Stock Comparison
How do ASE Technology (ASX) and Micron Technology (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 Technology (ASX) and Micron Technology (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 Technology (MU) 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 | MU |
|---|---|---|
| Name | ASE Technology Holding Co., Ltd. Sponsored 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 | 95.70 billion USD | 1,366.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 2, 2000 | June 1, 1984 |
| Security Type | ADR | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | ASX | MU |
|---|---|---|
| Total Return (1Y) | 346.08% | 882.43% |
Risk
Drawdown
Risk at a Glance
| Metric | ASX | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 47.65% | 71.57% |
| Beta (5Y) | 1.69 | 2.12 |
| Avg. Volume (3M) | 9.00M | 50.72M |
Profitability
ROE (TTM)
Micron Technology (MU) at 39.82% sits in the top ROE quartile, while ASE Technology (ASX) at 13.58% is closer to the peer norm — stronger capital efficiency for MU.
ASX
Semiconductors & Semiconductor Equipment industry group
13.58%
- Max
- 39.82%
- Q3
- 17.52%
- ASX
- 13.58%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
MU
Semiconductors & Semiconductor Equipment industry group
39.82%
- MU
- 39.82%
- Max
- 39.82%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
Net Margin (TTM)
Micron Technology (MU) at 41.49% 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
- 57.72%
- Q3
- 20.98%
- Median
- 7.10%
- ASX
- 7.04%
- Q1
- -3.84%
- Min
- -32.92%
MU
Semiconductors & Semiconductor Equipment industry group
41.49%
- Max
- 57.72%
- MU
- 41.49%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
Operating Margin (TTM)
Micron Technology (MU) at 67.62% turns sales into operating profit above its industry’s benchmark range, while ASE Technology (ASX) at 10.10% operates around its industry’s norm.
ASX
Semiconductors & Semiconductor Equipment industry group
10.10%
- Max
- 65.60%
- Q3
- 21.58%
- ASX
- 10.10%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
MU
Semiconductors & Semiconductor Equipment industry group
67.62%
- MU
- 67.62%
- Max
- 65.60%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
Profitability at a Glance
| Metric | ASX | MU |
|---|---|---|
| ROE (TTM) | 13.58% | 39.82% |
| ROA (TTM) | 4.23% | 20.15% |
| Net Margin (TTM) | 7.04% | 41.49% |
| Operating Margin (TTM) | 10.10% | 67.62% |
| Gross Margin (TTM) | 18.51% | 58.44% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | ASX | MU |
|---|---|---|
| Revenue Growth (YoY) | 8.39% | 48.85% |
| Revenue Growth (3Y CAGR) | -1.28% | 6.71% |
EPS Growth
EPS Growth at a Glance
| Metric | ASX | MU |
|---|---|---|
| EPS Growth (YoY) | 22.96% | 984.29% |
| EPS Growth (3Y CAGR) | -13.66% | -0.69% |
Financial Strength
Current Ratio (MRQ)
Micron Technology (MU) at 2.90 keeps current ratio within its industry’s typical mid-range, while ASE Technology (ASX) at 1.15 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ASX.
ASX
Semiconductors & Semiconductor Equipment industry group
1.15
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- Q1
- 2.37
- ASX
- 1.15
- Min
- 0.51
MU
Semiconductors & Semiconductor Equipment industry group
2.90
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- MU
- 2.90
- Q1
- 2.37
- Min
- 0.51
Debt / Equity (MRQ)
Micron Technology (MU) at 0.15 carries an industry-typical debt-to-equity mix, while ASE Technology (ASX) at 0.67 uses more debt funding than most peers.
ASX
Semiconductors & Semiconductor Equipment industry group
0.67
- Max
- 1.53
- ASX
- 0.67
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.04
- Min
- 0.00
MU
Semiconductors & Semiconductor Equipment industry group
0.15
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- MU
- 0.15
- Q1
- 0.04
- Min
- 0.00
Financial Strength at a Glance
| Metric | ASX | MU |
|---|---|---|
| Current Ratio (MRQ) | 1.15 | 2.90 |
| Debt / Equity (MRQ) | 0.67 | 0.15 |
| Net Debt / EBITDA | 1.14 | -0.10 |
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 Micron Technology (MU) reports a yield of 0.04%, ranking against industry peers normally.
ASX
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 0.46%
- Q3
- 0.20%
- ASX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
0.04%
- Max
- 0.46%
- Q3
- 0.20%
- MU
- 0.04%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Micron Technology (MU) at 2.17% keeps its payout in the industry’s typical band, while ASE Technology (ASX) at 50.88% pays out more than any of its peers — the most stretched cover in its group.
ASX
Semiconductors & Semiconductor Equipment industry group
50.88%
- ASX
- 50.88%
- Max
- 41.26%
- Q3
- 19.10%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
2.17%
- Max
- 41.26%
- Q3
- 19.10%
- MU
- 2.17%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | ASX | MU |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.04% |
| Dividend Payout Ratio (TTM) | 50.88% | 2.17% |
Valuation
P/E Ratio (TTM)
Both ASE Technology (ASX) at 67.11 and Micron Technology (MU) at 57.14 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
67.11
- Max
- 295.07
- Q3
- 157.63
- Median
- 76.91
- ASX
- 67.11
- Q1
- 52.36
- Min
- 6.01
MU
Semiconductors & Semiconductor Equipment industry group
57.14
- Max
- 295.07
- Q3
- 157.63
- Median
- 76.91
- MU
- 57.14
- Q1
- 52.36
- Min
- 6.01
P/S Ratio (TTM)
ASE Technology (ASX) at 0.14 sits in the cheaper P/S ratio quartile while Micron Technology (MU) at 23.51 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
0.14
- Max
- 42.25
- Q3
- 23.59
- Median
- 11.00
- Q1
- 4.78
- ASX
- 0.14
- Min
- 0.01
MU
Semiconductors & Semiconductor Equipment industry group
23.51
- Max
- 42.25
- Q3
- 23.59
- MU
- 23.51
- Median
- 11.00
- Q1
- 4.78
- Min
- 0.01
P/B Ratio (MRQ)
ASE Technology (ASX) at 8.64 is valued about in line with its industry on P/B ratio, while Micron Technology (MU) at 18.86 carries an above-peer premium to book — MU is pricier on assets.
ASX
Semiconductors & Semiconductor Equipment industry group
8.64
- Max
- 28.71
- Q3
- 15.73
- ASX
- 8.64
- Median
- 8.57
- Q1
- 4.30
- Min
- 0.21
MU
Semiconductors & Semiconductor Equipment industry group
18.86
- Max
- 28.71
- MU
- 18.86
- Q3
- 15.73
- Median
- 8.57
- Q1
- 4.30
- Min
- 0.21
Valuation at a Glance
| Metric | ASX | MU |
|---|---|---|
| P/E Ratio (TTM) | 67.11 | 57.14 |
| P/S Ratio (TTM) | 0.14 | 23.51 |
| P/B Ratio (MRQ) | 8.64 | 18.86 |
| Free Cash Flow Yield (TTM) | -69.10% | 0.21% |