ASX vs. NOK: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at ASX and NOK, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both ASX and NOK are American Depositary Receipts (ADRs). This provides U.S. investors with straightforward access to investing in these foreign-listed companies.

Symbol	ASX	NOK
Company Name	ASE Technology Holding Co., Ltd.	Nokia Oyj
Country	Taiwan	Finland
GICS Sector	Information Technology	Information Technology
GICS Industry	Semiconductors & Semiconductor Equipment	Communications Equipment
Market Capitalization	21.18 billion USD	23.05 billion USD
Exchange	NYSE	NYSE
Listing Date	October 2, 2000	July 1, 1994
Security Type	ADR	ADR

Historical Performance

This chart compares the performance of ASX and NOK by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ASX vs. NOK: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ASX	NOK
5-Day Price Return	0.00%	1.84%
13-Week Price Return	3.13%	-21.01%
26-Week Price Return	-10.27%	-22.07%
52-Week Price Return	34.82%	-30.85%
Month-to-Date Return	-2.62%	1.62%
Year-to-Date Return	-8.33%	-14.70%
10-Day Avg. Volume	12.73M	7.92M
3-Month Avg. Volume	13.39M	9.65M
3-Month Volatility	25.01%	29.78%
Beta	1.27	0.80

Profitability

Return on Equity (TTM)

ASX

11.02%

Semiconductors & Semiconductor Equipment Industry

Max: 52.74%
Q3: 23.49%
Median: 11.60%
Q1: 3.23%
Min: -20.69%

ASX’s Return on Equity of 11.02% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

NOK

5.01%

Communications Equipment Industry

Max: 32.05%
Q3: 19.58%
Median: 11.77%
Q1: 2.23%
Min: -11.93%

NOK’s Return on Equity of 5.01% is on par with the norm for the Communications Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

ASX vs. NOK: A comparison of their Return on Equity (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Net Profit Margin (TTM)

ASX

5.49%

Semiconductors & Semiconductor Equipment Industry

Max: 44.17%
Q3: 22.38%
Median: 11.95%
Q1: 3.21%
Min: -25.16%

ASX’s Net Profit Margin of 5.49% is aligned with the median group of its peers in the Semiconductors & Semiconductor Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

NOK

5.31%

Communications Equipment Industry

Max: 23.65%
Q3: 14.32%
Median: 5.31%
Q1: 1.45%
Min: -12.72%

NOK’s Net Profit Margin of 5.31% is aligned with the median group of its peers in the Communications Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

ASX vs. NOK: A comparison of their Net Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Operating Profit Margin (TTM)

ASX

6.79%

Semiconductors & Semiconductor Equipment Industry

Max: 58.03%
Q3: 27.84%
Median: 12.45%
Q1: 5.15%
Min: -28.61%

ASX’s Operating Profit Margin of 6.79% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

NOK

6.21%

Communications Equipment Industry

Max: 42.27%
Q3: 18.90%
Median: 6.21%
Q1: 2.97%
Min: -20.72%

NOK’s Operating Profit Margin of 6.21% is around the midpoint for the Communications Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

ASX vs. NOK: A comparison of their Operating Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Profitability at a Glance

Symbol	ASX	NOK
Return on Equity (TTM)	11.02%	5.01%
Return on Assets (TTM)	4.56%	2.68%
Net Profit Margin (TTM)	5.49%	5.31%
Operating Profit Margin (TTM)	6.79%	6.21%
Gross Profit Margin (TTM)	16.68%	44.23%

Financial Strength

Current Ratio (MRQ)

ASX

1.02

Semiconductors & Semiconductor Equipment Industry

Max: 8.42
Q3: 4.70
Median: 2.75
Q1: 2.07
Min: 1.04

ASX’s Current Ratio of 1.02 is notably low, falling beneath the typical range for the Semiconductors & Semiconductor Equipment industry. This suggests a heightened liquidity risk and could indicate potential challenges in meeting its short-term obligations.

NOK

1.46

Communications Equipment Industry

Max: 1.72
Q3: 1.72
Median: 1.46
Q1: 1.18
Min: 0.93

NOK’s Current Ratio of 1.46 aligns with the median group of the Communications Equipment industry, indicating that its short-term liquidity is in line with its sector peers.

ASX vs. NOK: A comparison of their Current Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ASX

0.79

Semiconductors & Semiconductor Equipment Industry

Max: 1.09
Q3: 0.45
Median: 0.22
Q1: 0.01
Min: 0.00

ASX’s leverage is in the upper quartile of the Semiconductors & Semiconductor Equipment industry, with a Debt-to-Equity Ratio of 0.79. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

NOK

0.21

Communications Equipment Industry

Max: 1.55
Q3: 0.92
Median: 0.55
Q1: 0.30
Min: 0.00

Falling into the lower quartile for the Communications Equipment industry, NOK’s Debt-to-Equity Ratio of 0.21 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

ASX vs. NOK: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Interest Coverage Ratio (TTM)

ASX

83.06

Semiconductors & Semiconductor Equipment Industry

Max: 174.00
Q3: 81.10
Median: 27.22
Q1: 7.28
Min: -4.26

ASX’s Interest Coverage Ratio of 83.06 is in the upper quartile for the Semiconductors & Semiconductor Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

NOK

34.19

Communications Equipment Industry

Max: 181.73
Q3: 113.63
Median: 7.59
Q1: 3.82
Min: -5.39

NOK’s Interest Coverage Ratio of 34.19 is positioned comfortably within the norm for the Communications Equipment industry, indicating a standard and healthy capacity to cover its interest payments.

ASX vs. NOK: A comparison of their Interest Coverage Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Financial Strength at a Glance

Symbol	ASX	NOK
Current Ratio (MRQ)	1.02	1.46
Quick Ratio (MRQ)	0.79	1.21
Debt-to-Equity Ratio (MRQ)	0.79	0.21
Interest Coverage Ratio (TTM)	83.06	34.19

Growth

Revenue Growth

ASX vs. NOK: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ASX vs. NOK: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ASX

3.48%

Semiconductors & Semiconductor Equipment Industry

Max: 4.16%
Q3: 1.78%
Median: 0.74%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 3.48%, ASX offers a more attractive income stream than most of its peers in the Semiconductors & Semiconductor Equipment industry, signaling a strong commitment to shareholder returns.

NOK

3.61%

Communications Equipment Industry

Max: 3.88%
Q3: 2.75%
Median: 0.93%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 3.61%, NOK offers a more attractive income stream than most of its peers in the Communications Equipment industry, signaling a strong commitment to shareholder returns.

ASX vs. NOK: A comparison of their Dividend Yield (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Dividend Payout Ratio (TTM)

ASX

232.35%

Semiconductors & Semiconductor Equipment Industry

Max: 196.12%
Q3: 87.72%
Median: 26.57%
Q1: 0.00%
Min: 0.00%

At 232.35%, ASX’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Semiconductors & Semiconductor Equipment industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

NOK

50.74%

Communications Equipment Industry

Max: 111.16%
Q3: 55.91%
Median: 28.42%
Q1: 0.00%
Min: 0.00%

NOK’s Dividend Payout Ratio of 50.74% is within the typical range for the Communications Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ASX vs. NOK: A comparison of their Dividend Payout Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Dividend at a Glance

Symbol	ASX	NOK
Dividend Yield (TTM)	3.48%	3.61%
Dividend Payout Ratio (TTM)	232.35%	50.74%

Valuation

Price-to-Earnings Ratio (TTM)

ASX

18.93

Semiconductors & Semiconductor Equipment Industry

Max: 109.37
Q3: 57.11
Median: 28.95
Q1: 22.13
Min: 11.14

In the lower quartile for the Semiconductors & Semiconductor Equipment industry, ASX’s P/E Ratio of 18.93 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

NOK

19.25

Communications Equipment Industry

Max: 57.30
Q3: 47.92
Median: 27.50
Q1: 17.89
Min: 13.89

NOK’s P/E Ratio of 19.25 is within the middle range for the Communications Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ASX vs. NOK: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Price-to-Sales Ratio (TTM)

ASX

1.04

Semiconductors & Semiconductor Equipment Industry

Max: 16.09
Q3: 10.10
Median: 4.82
Q1: 2.60
Min: 0.93

In the lower quartile for the Semiconductors & Semiconductor Equipment industry, ASX’s P/S Ratio of 1.04 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

NOK

1.02

Communications Equipment Industry

Max: 11.03
Q3: 5.53
Median: 2.20
Q1: 0.99
Min: 0.40

NOK’s P/S Ratio of 1.02 aligns with the market consensus for the Communications Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ASX vs. NOK: A comparison of their Price-to-Sales Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Price-to-Book Ratio (MRQ)

ASX

2.23

Semiconductors & Semiconductor Equipment Industry

Max: 13.56
Q3: 6.75
Median: 3.68
Q1: 1.89
Min: 0.60

ASX’s P/B Ratio of 2.23 is within the conventional range for the Semiconductors & Semiconductor Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

NOK

1.21

Communications Equipment Industry

Max: 9.66
Q3: 5.60
Median: 3.73
Q1: 2.67
Min: 0.30

NOK’s P/B Ratio of 1.21 is in the lower quartile for the Communications Equipment industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

ASX vs. NOK: A comparison of their Price-to-Book Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and Communications Equipment industry benchmarks.

Valuation at a Glance

Symbol	ASX	NOK
Price-to-Earnings Ratio (TTM)	18.93	19.25
Price-to-Sales Ratio (TTM)	1.04	1.02
Price-to-Book Ratio (MRQ)	2.23	1.21
Price-to-Free Cash Flow Ratio (TTM)	70.93	13.27