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

Updated on July 7, 2025

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

Company Overview

ASX’s market capitalization stands at 22.53 billion USD, while UI’s is 25.65 billion USD, indicating their market valuations are broadly comparable.

With betas of 0.92 for ASX and 1.36 for UI, both stocks show similar sensitivity to overall market movements.

ASX trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, UI is a standard domestic listing.

Symbol	ASX	UI
Company Name	ASE Technology Holding Co., Ltd.	Ubiquiti Inc.
Country	TW	US
Sector	Technology	Technology
Industry	Semiconductors	Communication Equipment
CEO	Hung-Pen Chang	Robert J. Pera
Price	10.37 USD	423.97 USD
Market Cap	22.53 billion USD	25.65 billion USD
Beta	0.92	1.36
Exchange	NYSE	NYSE
IPO Date	October 2, 2000	October 14, 2011
ADR	Yes	No

Historical Performance

This chart compares the performance of ASX and UI 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. UI: Growth of a $10,000 investment over the past one year.

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.

UI

217.49%

Communication Equipment Industry

Max: 30.07%
Q3: 8.07%
Median: 1.84%
Q1: -11.93%
Min: -31.65%

UI’s Return on Equity of 217.49% is exceptionally high, placing it well beyond the typical range for the Communication Equipment industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

ASX vs. UI: A comparison of their ROE against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

68.13%

Communication Equipment Industry

Max: 11.59%
Q3: 6.61%
Median: 2.97%
Q1: -2.58%
Min: -13.18%

UI’s Return on Invested Capital of 68.13% is exceptionally high, placing it well beyond the typical range for the Communication Equipment industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.

ASX vs. UI: A comparison of their ROIC against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

23.65%

Communication Equipment Industry

Max: 23.65%
Q3: 9.21%
Median: 2.46%
Q1: -8.56%
Min: -29.87%

A Net Profit Margin of 23.65% places UI in the upper quartile for the Communication Equipment industry, signifying strong profitability and more effective cost management than most of its peers.

ASX vs. UI: A comparison of their Net Profit Margin against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

30.72%

Communication Equipment Industry

Max: 30.72%
Q3: 11.64%
Median: 5.79%
Q1: -2.28%
Min: -18.20%

An Operating Profit Margin of 30.72% places UI in the upper quartile for the Communication Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ASX vs. UI: A comparison of their Operating Margin against their respective Semiconductors and Communication Equipment industry benchmarks.

Profitability at a Glance

Symbol	ASX	UI
Return on Equity (TTM)	11.03%	217.49%
Return on Assets (TTM)	4.43%	42.29%
Return on Invested Capital (TTM)	5.98%	68.13%
Net Profit Margin (TTM)	5.61%	23.65%
Operating Profit Margin (TTM)	7.01%	30.72%
Gross Profit Margin (TTM)	16.32%	42.16%

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.

UI

1.39

Communication Equipment Industry

Max: 3.40
Q3: 2.59
Median: 1.62
Q1: 1.32
Min: 0.86

UI’s Current Ratio of 1.39 aligns with the median group of the Communication Equipment industry, indicating that its short-term liquidity is in line with its sector peers.

ASX vs. UI: A comparison of their Current Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

0.85

Communication Equipment Industry

Max: 1.82
Q3: 1.00
Median: 0.53
Q1: 0.20
Min: 0.02

UI’s Debt-to-Equity Ratio of 0.85 is typical for the Communication Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

ASX vs. UI: A comparison of their D/E Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

16.12

Communication Equipment Industry

Max: 16.12
Q3: 9.22
Median: 2.52
Q1: -0.75
Min: -12.07

UI’s Interest Coverage Ratio of 16.12 is in the upper quartile for the Communication Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

ASX vs. UI: A comparison of their Interest Coverage against their respective Semiconductors and Communication Equipment industry benchmarks.

Financial Strength at a Glance

Symbol	ASX	UI
Current Ratio (TTM)	1.04	1.39
Quick Ratio (TTM)	0.82	0.63
Debt-to-Equity Ratio (TTM)	0.72	0.85
Debt-to-Asset Ratio (TTM)	0.29	0.29
Net Debt-to-EBITDA Ratio (TTM)	1.32	0.30
Interest Coverage Ratio (TTM)	7.79	16.12

Growth

The following charts compare key year-over-year (YoY) growth metrics for ASX and UI. These metrics are based on the companies’ annual financial reports.

Revenue Growth

ASX vs. UI: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

ASX vs. UI: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

ASX vs. UI: A comparison of their annual year-over-year 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.

UI

0.57%

Communication Equipment Industry

Max: 4.72%
Q3: 0.38%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 0.57%, UI offers a more attractive income stream than most of its peers in the Communication Equipment industry, signaling a strong commitment to shareholder returns.

ASX vs. UI: A comparison of their Dividend Yield against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

26.44%

Communication Equipment Industry

Max: 91.96%
Q3: 26.44%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

UI’s Dividend Payout Ratio of 26.44% is within the typical range for the Communication Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ASX vs. UI: A comparison of their Payout Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

Dividend at a Glance

Symbol	ASX	UI
Dividend Yield (TTM)	3.60%	0.57%
Dividend Payout Ratio (TTM)	65.52%	26.44%

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.

UI

46.71

Communication Equipment Industry

Max: 44.37
Q3: 41.98
Median: 30.61
Q1: 23.44
Min: 2.14

At 46.71, UI’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Communication Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

ASX vs. UI: A comparison of their P/E Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

7.36

Communication Equipment Industry

Max: 15.97
Q3: 6.99
Median: 2.78
Q1: 0.66
Min: 0.05

The Forward PEG Ratio is often not a primary valuation metric in the Communication Equipment industry.

ASX vs. UI: A comparison of their Forward PEG Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

11.05

Communication Equipment Industry

Max: 6.38
Q3: 3.88
Median: 2.17
Q1: 1.15
Min: 0.37

With a P/S Ratio of 11.05, UI trades at a valuation that eclipses even the highest in the Communication Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

ASX vs. UI: A comparison of their P/S Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

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.

UI

58.81

Communication Equipment Industry

Max: 14.42
Q3: 7.01
Median: 3.09
Q1: 1.38
Min: 0.41

At 58.81, UI’s P/B Ratio is at an extreme premium to the Communication Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

ASX vs. UI: A comparison of their P/B Ratio against their respective Semiconductors and Communication Equipment industry benchmarks.

Valuation at a Glance

Symbol	ASX	UI
Price-to-Earnings Ratio (P/E, TTM)	18.57	46.71
Forward PEG Ratio (TTM)	0.73	7.36
Price-to-Sales Ratio (P/S, TTM)	1.05	11.05
Price-to-Book Ratio (P/B, TTM)	2.04	58.81
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	-63.40	34.79
EV-to-EBITDA (TTM)	7.08	35.17
EV-to-Sales (TTM)	1.29	11.14