ASX vs. SAIL: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ASX and SAIL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ASX’s market capitalization of 22.53 billion USD is substantially larger than SAIL’s 12.33 billion USD, indicating a significant difference in their market valuations.
ASX trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, SAIL is a standard domestic listing.
| Symbol | ASX | SAIL |
|---|---|---|
| Company Name | ASE Technology Holding Co., Ltd. | SailPoint, Inc. |
| Country | TW | US |
| Sector | Technology | Technology |
| Industry | Semiconductors | Software - Infrastructure |
| CEO | Hung-Pen Chang | Mark D. McClain TTEE |
| Price | 10.37 USD | 22.16 USD |
| Market Cap | 22.53 billion USD | 12.33 billion USD |
| Beta | 0.92 | -- |
| Exchange | NYSE | NASDAQ |
| IPO Date | October 2, 2000 | February 13, 2025 |
| ADR | Yes | No |
Historical Performance
This chart compares the performance of ASX and SAIL 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.
Profitability
Return on Equity
ASX
11.03%
Semiconductors Industry
- Max
- 41.84%
- Q3
- 15.81%
- Median
- 6.31%
- Q1
- -5.54%
- Min
- -30.12%
ASX’s Return on Equity of 11.03% is on par with the norm for the Semiconductors industry, indicating its profitability relative to shareholder equity is typical for the sector.
SAIL
-30.01%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
SAIL has a negative Return on Equity of -30.01%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Return on Invested Capital
ASX
5.98%
Semiconductors Industry
- Max
- 30.91%
- Q3
- 11.34%
- Median
- 4.08%
- Q1
- -2.17%
- Min
- -19.59%
ASX’s Return on Invested Capital of 5.98% is in line with the norm for the Semiconductors industry, reflecting a standard level of efficiency in generating profits from its capital base.
SAIL
-6.87%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
SAIL has a negative Return on Invested Capital of -6.87%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.
Net Profit Margin
ASX
5.61%
Semiconductors Industry
- Max
- 51.69%
- Q3
- 19.67%
- Median
- 8.56%
- Q1
- -5.44%
- Min
- -38.60%
ASX’s Net Profit Margin of 5.61% is aligned with the median group of its peers in the Semiconductors industry. This indicates its ability to convert revenue into profit is typical for the sector.
SAIL
-70.01%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
SAIL has a negative Net Profit Margin of -70.01%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin
ASX
7.01%
Semiconductors Industry
- Max
- 58.03%
- Q3
- 22.12%
- Median
- 8.40%
- Q1
- -3.73%
- Min
- -36.14%
ASX’s Operating Profit Margin of 7.01% is around the midpoint for the Semiconductors industry, indicating that its efficiency in managing core business operations is typical for the sector.
SAIL
-63.79%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
SAIL has a negative Operating Profit Margin of -63.79%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | ASX | SAIL |
|---|---|---|
| Return on Equity (TTM) | 11.03% | -30.01% |
| Return on Assets (TTM) | 4.43% | -8.13% |
| Return on Invested Capital (TTM) | 5.98% | -6.87% |
| Net Profit Margin (TTM) | 5.61% | -70.01% |
| Operating Profit Margin (TTM) | 7.01% | -63.79% |
| Gross Profit Margin (TTM) | 16.32% | 58.49% |
Financial Strength
Current Ratio
ASX
1.04
Semiconductors Industry
- Max
- 9.10
- Q3
- 5.23
- Median
- 3.09
- Q1
- 2.49
- Min
- 1.02
ASX’s Current Ratio of 1.04 falls into the lower quartile for the Semiconductors industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
SAIL
1.17
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
SAIL’s Current Ratio of 1.17 aligns with the median group of the Software - Infrastructure industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
ASX
0.72
Semiconductors Industry
- Max
- 0.97
- Q3
- 0.46
- Median
- 0.21
- Q1
- 0.05
- Min
- 0.00
ASX’s leverage is in the upper quartile of the Semiconductors industry, with a Debt-to-Equity Ratio of 0.72. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
SAIL
0.00
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
Falling into the lower quartile for the Software - Infrastructure industry, SAIL’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio
ASX
7.79
Semiconductors Industry
- Max
- 36.25
- Q3
- 29.12
- Median
- 7.01
- Q1
- -1.22
- Min
- -18.18
ASX’s Interest Coverage Ratio of 7.79 is positioned comfortably within the norm for the Semiconductors industry, indicating a standard and healthy capacity to cover its interest payments.
SAIL
-2.52
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
SAIL has a negative Interest Coverage Ratio of -2.52. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | ASX | SAIL |
|---|---|---|
| Current Ratio (TTM) | 1.04 | 1.17 |
| Quick Ratio (TTM) | 0.82 | 1.17 |
| Debt-to-Equity Ratio (TTM) | 0.72 | 0.00 |
| Debt-to-Asset Ratio (TTM) | 0.29 | 0.00 |
| Net Debt-to-EBITDA Ratio (TTM) | 1.32 | 0.67 |
| Interest Coverage Ratio (TTM) | 7.79 | -2.52 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ASX and SAIL. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ASX
3.60%
Semiconductors Industry
- Max
- 6.48%
- Q3
- 0.93%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 3.60%, ASX offers a more attractive income stream than most of its peers in the Semiconductors industry, signaling a strong commitment to shareholder returns.
SAIL
0.00%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAIL currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ASX
65.52%
Semiconductors Industry
- Max
- 204.29%
- Q3
- 31.85%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ASX’s Dividend Payout Ratio of 65.52% is in the upper quartile for the Semiconductors industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
SAIL
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SAIL has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ASX | SAIL |
|---|---|---|
| Dividend Yield (TTM) | 3.60% | 0.00% |
| Dividend Payout Ratio (TTM) | 65.52% | 0.00% |
Valuation
Price-to-Earnings Ratio
ASX
18.57
Semiconductors Industry
- Max
- 86.15
- Q3
- 47.38
- Median
- 27.87
- Q1
- 18.89
- Min
- 4.73
In the lower quartile for the Semiconductors industry, ASX’s P/E Ratio of 18.57 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
SAIL
-18.38
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
SAIL has a negative P/E Ratio of -18.38. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.
Forward P/E to Growth Ratio
ASX
0.73
Semiconductors Industry
- Max
- 4.73
- Q3
- 2.80
- Median
- 1.11
- Q1
- 0.68
- Min
- 0.01
The Forward PEG Ratio is often not a primary valuation metric in the Semiconductors industry.
SAIL
6.04
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
A Forward PEG Ratio of 6.04 places SAIL in the upper quartile for the Software - Infrastructure industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.
Price-to-Sales Ratio
ASX
1.05
Semiconductors Industry
- Max
- 21.96
- Q3
- 10.21
- Median
- 4.45
- Q1
- 2.32
- Min
- 0.48
In the lower quartile for the Semiconductors industry, ASX’s P/S Ratio of 1.05 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.
SAIL
14.33
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
SAIL’s P/S Ratio of 14.33 is in the upper echelon for the Software - Infrastructure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
ASX
2.04
Semiconductors Industry
- Max
- 13.12
- Q3
- 6.49
- Median
- 3.31
- Q1
- 1.74
- Min
- 0.23
ASX’s P/B Ratio of 2.04 is within the conventional range for the Semiconductors 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.
SAIL
1.63
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
Valuation at a Glance
| Symbol | ASX | SAIL |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 18.57 | -18.38 |
| Forward PEG Ratio (TTM) | 0.73 | 6.04 |
| Price-to-Sales Ratio (P/S, TTM) | 1.05 | 14.33 |
| Price-to-Book Ratio (P/B, TTM) | 2.04 | 1.63 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | -63.40 | -60.97 |
| EV-to-EBITDA (TTM) | 7.08 | -39.16 |
| EV-to-Sales (TTM) | 1.29 | 14.09 |