ASX vs. NVDA: ASE Technology vs. NVIDIA Stock Comparison

June 25, 2026

How do ASE Technology (ASX) and NVIDIA (NVDA) 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 NVIDIA (NVDA) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

NVIDIA (NVDA) 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.

Company profile comparison for ASE Technology (ASX) and NVIDIA (NVDA)
Profile Item	ASX	NVDA
Name	ASE Technology Holding Co., Ltd. Sponsored ADR	NVIDIA Corporation
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	90.70 billion USD	4,819.98 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 2000	January 22, 1999
Security Type	ADR	Common Stock

Performance

Cumulative Growth

ASX

NVDA

ASE Technology (ASX) vs. NVIDIA (NVDA): 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 Technology (ASX) and NVIDIA (NVDA). Returns over one year are annualized.

Performance at a Glance

Performance metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
Total Return (1Y)	304.02%	34.73%

Risk

Drawdown

ASX

NVDA

ASE Technology (ASX) vs. NVIDIA (NVDA): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
Volatility (1Y, Annualized)	48.55%	35.49%
Beta (5Y)	1.68	2.21
Avg. Volume (3M)	9.23M	161.53M

Profitability

ROE (TTM)

NVIDIA (NVDA) at 114.29% clears its industry range for ROE, a sharper capital-efficiency signal than ASE Technology (ASX) at 13.58%, which is closer to a typical peer reading.

ASX

Semiconductors & Semiconductor Equipment industry group

13.58%

Max: 39.82%
Q3: 18.12%
ASX: 13.58%
Median: 6.77%
Q1: -4.30%
Min: -35.15%

NVDA

Semiconductors & Semiconductor Equipment industry group

114.29%

NVDA: 114.29%
Max: 39.82%
Q3: 18.12%
Median: 6.77%
Q1: -4.30%
Min: -35.15%

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

NVIDIA (NVDA) at 62.97% converts revenue to bottom-line profit above its industry’s benchmark range, while ASE Technology (ASX) at 7.04% keeps roughly the typical share for its industry.

ASX

Semiconductors & Semiconductor Equipment industry group

7.04%

Max: 46.63%
Q3: 21.03%
Median: 7.60%
ASX: 7.04%
Q1: -3.31%
Min: -32.92%

NVDA

Semiconductors & Semiconductor Equipment industry group

62.97%

NVDA: 62.97%
Max: 46.63%
Q3: 21.03%
Median: 7.60%
Q1: -3.31%
Min: -32.92%

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

NVIDIA (NVDA) at 65.60% operates in the top operating margin quartile, ahead of ASE Technology (ASX) at 10.10%, which runs around its industry’s norm.

ASX

Semiconductors & Semiconductor Equipment industry group

10.10%

Max: 65.60%
Q3: 22.15%
Median: 10.26%
ASX: 10.10%
Q1: -8.08%
Min: -46.64%

NVDA

Semiconductors & Semiconductor Equipment industry group

65.60%

NVDA: 65.60%
Max: 65.60%
Q3: 22.15%
Median: 10.26%
Q1: -8.08%
Min: -46.64%

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability at a Glance

Profitability metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
ROE (TTM)	13.58%	114.29%
ROA (TTM)	4.23%	52.73%
Net Margin (TTM)	7.04%	62.97%
Operating Margin (TTM)	10.10%	65.60%
Gross Margin (TTM)	18.51%	74.15%

Growth

Revenue Growth

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
Revenue Growth (YoY)	8.39%	65.47%
Revenue Growth (3Y CAGR)	-1.28%	100.05%

EPS Growth

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
EPS Growth (YoY)	22.96%	66.67%
EPS Growth (3Y CAGR)	-13.66%	204.24%

Financial Strength

Current Ratio (MRQ)

NVIDIA (NVDA) at 3.44 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: 6.00
Median: 3.23
Q1: 2.36
ASX: 1.15
Min: 0.51

NVDA

Semiconductors & Semiconductor Equipment industry group

3.44

Max: 11.30
Q3: 6.00
NVDA: 3.44
Median: 3.23
Q1: 2.36
Min: 0.51

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

NVIDIA (NVDA) at 0.07 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: 0.23
Q1: 0.05
Min: 0.00

NVDA

Semiconductors & Semiconductor Equipment industry group

0.07

Max: 1.53
Q3: 0.64
Median: 0.23
NVDA: 0.07
Q1: 0.05
Min: 0.00

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
Current Ratio (MRQ)	1.15	3.44
Debt / Equity (MRQ)	0.67	0.07
Net Debt / EBITDA	1.14	-0.24

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 NVIDIA (NVDA) reports a yield of 0.02%, ranking against industry peers normally.

ASX

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 0.50%
Q3: 0.23%
ASX: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NVDA

Semiconductors & Semiconductor Equipment industry group

0.02%

Max: 0.50%
Q3: 0.23%
NVDA: 0.02%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

NVIDIA (NVDA) at 0.61% 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: 47.82%
Q3: 19.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NVDA

Semiconductors & Semiconductor Equipment industry group

0.61%

Max: 47.82%
Q3: 19.71%
NVDA: 0.61%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividends at a Glance

Dividend metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
Dividend Yield (TTM)	0.00%	0.02%
Dividend Payout Ratio (TTM)	50.88%	0.61%

Valuation

P/E Ratio (TTM)

NVIDIA (NVDA) at 30.47 sits in the cheaper P/E ratio quartile, while ASE Technology (ASX) at 64.59 is closer to its industry’s usual earnings multiple — a discount for NVDA, though growth and earnings durability still matter.

ASX

Semiconductors & Semiconductor Equipment industry group

64.59

Max: 272.87
Q3: 143.90
Median: 69.46
ASX: 64.59
Q1: 47.40
Min: 4.06

NVDA

Semiconductors & Semiconductor Equipment industry group

30.47

Max: 272.87
Q3: 143.90
Median: 69.46
Q1: 47.40
NVDA: 30.47
Min: 4.06

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

ASE Technology (ASX) at 0.14 sits in the cheaper P/S ratio quartile while NVIDIA (NVDA) at 19.01 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: 39.42
Q3: 20.66
Median: 10.46
Q1: 4.21
ASX: 0.14
Min: 0.01

NVDA

Semiconductors & Semiconductor Equipment industry group

19.01

Max: 39.42
Q3: 20.66
NVDA: 19.01
Median: 10.46
Q1: 4.21
Min: 0.01

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

ASE Technology (ASX) at 8.21 is valued about in line with its industry on P/B ratio, while NVIDIA (NVDA) at 24.66 carries an above-peer premium to book — NVDA is pricier on assets.

ASX

Semiconductors & Semiconductor Equipment industry group

8.21

Max: 26.61
Q3: 13.42
ASX: 8.21
Median: 7.60
Q1: 3.92
Min: 0.21

NVDA

Semiconductors & Semiconductor Equipment industry group

24.66

Max: 26.61
NVDA: 24.66
Q3: 13.42
Median: 7.60
Q1: 3.92
Min: 0.21

ASE Technology (ASX) vs. NVIDIA (NVDA): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation at a Glance

Valuation metrics for ASE Technology (ASX) and NVIDIA (NVDA)
Metric	ASX	NVDA
P/E Ratio (TTM)	64.59	30.47
P/S Ratio (TTM)	0.14	19.01
P/B Ratio (MRQ)	8.21	24.66
Free Cash Flow Yield (TTM)	-72.91%	0.96%