ASX vs. TXN: ASE vs. Texas Instruments Stock Comparison

November 11, 2026

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

Texas Instruments (TXN) 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.

Company profile comparison for ASE (ASX) and Texas Instruments (TXN)
Profile Item	ASX	TXN
Name	ASE Technology Holding Co., Ltd. ADR	Texas Instruments 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	253.58 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 2, 2000	June 1, 1972
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

ASX

TXN

GSPC

ASE (ASX) vs. Texas Instruments (TXN), with S&P 500 (GSPC) for reference: 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 (ASX) and Texas Instruments (TXN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ASE (ASX) and Texas Instruments (TXN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Total Return (1Y)	127.56%	86.19%
Total Return (3Y, Annualized)	67.56%	30.37%
Total Return (5Y, Annualized)	41.55%	12.03%

Risk Profile

Drawdown History

ASX

TXN

GSPC

ASE (ASX) vs. Texas Instruments (TXN), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ASE (ASX) and Texas Instruments (TXN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Volatility (1Y, Annualized)	62.95%	44.27%
Beta (5Y)	1.83	1.40
Max Drawdown (5Y)	-40.64%	-33.41%
Avg. Volume (3M)	7.76M	6.57M

Risk-Adjusted Performance

Risk-Return Positioning

ASX and TXN are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Sharpe Ratio (1Y)	1.96	1.85
Sortino Ratio (1Y)	2.77	3.15

Profitability

ROE (TTM)

Texas Instruments (TXN) at 39.72% sits in the top ROE quartile, while ASE (ASX) at 19.90% is closer to the peer norm — stronger capital efficiency for TXN.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

39.72%

Max: 52.82%
TXN: 39.72%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Texas Instruments (TXN) at 34.25% 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%

TXN

Semiconductors & Semiconductor Equipment industry group

34.25%

Max: 63.80%
TXN: 34.25%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Texas Instruments (TXN) at 47.55% operates in the top operating margin quartile, ahead of ASE (ASX) at 13.57%, which runs 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%

TXN

Semiconductors & Semiconductor Equipment industry group

47.55%

Max: 58.66%
TXN: 47.55%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
ROE (TTM)	19.90%	39.72%
ROA (TTM)	5.36%	14.85%
Net Margin (TTM)	9.78%	34.25%
Operating Margin (TTM)	13.57%	47.55%
Gross Margin (TTM)	20.80%	60.24%

Growth

Revenue Growth

Both ASE (ASX) at 8.39% and Texas Instruments (TXN) at 13.05% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ASE (ASX) at 22.96% and Texas Instruments (TXN) at 4.81% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Revenue Growth (YoY)	8.39%	13.05%
Revenue Growth (3Y CAGR)	-1.28%	-4.07%
EPS Growth (YoY)	22.96%	4.81%
EPS Growth (3Y CAGR)	-13.66%	-16.64%

Financial Strength

Current Ratio (MRQ)

Texas Instruments (TXN) at 5.60 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

TXN

Semiconductors & Semiconductor Equipment industry group

5.60

Max: 10.33
Q3: 5.62
TXN: 5.60
Median: 3.33
Q1: 2.35
Min: 1.03

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both ASE (ASX) at 0.87 and Texas Instruments (TXN) at 0.71 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

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

TXN

Semiconductors & Semiconductor Equipment industry group

0.71

Max: 1.46
TXN: 0.71
Q3: 0.65
Median: 0.27
Q1: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Current Ratio (MRQ)	1.16	5.60
Debt / Equity (MRQ)	0.87	0.71
Net Debt / EBITDA	1.85	0.51

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 Texas Instruments (TXN) reports a yield of 2.04%, 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%

TXN

Semiconductors & Semiconductor Equipment industry group

2.04%

TXN: 2.04%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both pay out more than their industries’ typical bands, and TXN more so: ASE (ASX) at 39.77% sits above the band, while Texas Instruments (TXN) at 73.67% exceeds every peer in its group.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

73.67%

TXN: 73.67%
Max: 49.64%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASE (ASX) vs. Texas Instruments (TXN): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
Dividend Yield (TTM)	0.00%	2.04%
Dividend Payout Ratio (TTM)	39.77%	73.67%

Valuation

P/E Ratio (TTM)

Both ASE (ASX) at 30.41 and Texas Instruments (TXN) at 35.97 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

30.41

Max: 110.34
Q3: 66.81
Median: 37.02
ASX: 30.41
Q1: 23.96
Min: 8.12

TXN

Semiconductors & Semiconductor Equipment industry group

35.97

Max: 110.34
Q3: 66.81
Median: 37.02
TXN: 35.97
Q1: 23.96
Min: 8.12

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

P/S Ratio (TTM)

ASE (ASX) at 0.09 sits in the cheaper P/S ratio quartile while Texas Instruments (TXN) at 12.21 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

TXN

Semiconductors & Semiconductor Equipment industry group

12.21

Max: 21.42
Q3: 12.27
TXN: 12.21
Median: 5.76
Q1: 2.73
Min: 0.00

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

P/B Ratio (MRQ)

ASE (ASX) at 5.34 is valued about in line with its industry on P/B ratio, while Texas Instruments (TXN) at 13.21 carries an above-peer premium to book — TXN is pricier on assets.

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

TXN

Semiconductors & Semiconductor Equipment industry group

13.21

Max: 14.06
TXN: 13.21
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

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

Valuation Metrics

Valuation metrics for ASE (ASX) and Texas Instruments (TXN)
Metric	ASX	TXN
P/E Ratio (TTM)	30.41	35.97
P/S Ratio (TTM)	0.09	12.21
P/B Ratio (MRQ)	5.34	13.21
Free Cash Flow Yield (TTM)	-275.26%	1.88%