Applied Materials (AMAT) vs ASE Technology (ASX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
ASE Technology (ASX) has outperformed Applied Materials (AMAT) over the past year, gaining 281.6% versus a gain of 134.3%. Over five years, ASX leads with a +557.8% price change compared with +287.2% for AMAT. Applied Materials is the larger company by market cap ($404.39 billion vs $99.52 billion), about 4.1 times the size, while ASE Technology is growing revenue faster (+13.3% vs +4.4%).
On valuation, ASE Technology trades at a lower forward P/E (23.2x vs 27.6x for Applied Materials). Applied Materials pays a dividend yielding 0.39%, while ASE Technology does not currently pay one. Applied Materials converts more of its revenue into profit, with a net margin of 24.7% versus 6.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMAT | ASX |
|---|---|---|
| Share price | $509.57 | $45.26 |
| Market cap | $404.39B | $99.52B |
| 1-day change | -2.13% | -1.09% |
| YTD return | +98.28% | +181.12% |
| 1-year return | +134.27% | +281.62% |
| 5-year return | +287.24% | +557.85% |
| P/E ratio (TTM) | 43.97 | 53.88 |
| Forward P/E | 27.58 | 23.17 |
| EPS (TTM) | $11.59 | $0.84 |
| Dividend yield | 0.39% | 0.92% |
| Annual dividend | $1.98 | $0.00 |
| Revenue (latest FY) | $28.37B | $20.57B |
| Revenue growth (YoY) | +4.39% | +13.30% |
| Net income (latest FY) | $7.00B | $1.28B |
| Gross margin | 48.67% | 17.69% |
| Operating margin | 29.22% | 7.97% |
| Net margin | 24.67% | 6.20% |
| 52-week high | $739.67 | $47.93 |
| 52-week low | $203.40 | $11.07 |
| Distance from 52-week high | -31.11% | -5.57% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +25.39% | +12.68% |
| Average volume | 7.05M | 7.40M |
| Shares outstanding | 793.60M | 2.20B |
| Employees | 38,900 | 114,179 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applied Materials is about 4.1 times larger than ASE Technology by market value ($404.39B vs $99.52B).
- ASX has outperformed AMAT by 147.3 percentage points over the past year.
- Applied Materials is more profitable, keeping 24.7 cents of every revenue dollar as net income versus 6.2 cents for ASE Technology.
- ASE Technology grew revenue faster in its latest fiscal year (+13.30% vs +4.39%).
About Applied Materials
AMAT stock →Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Technology · Semiconductors · 38,900 employees
About ASE Technology
ASX stock →ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS.
Technology · Semiconductors · 114,179 employees
AMAT vs ASX FAQ
Which is bigger, Applied Materials or ASE Technology?
Applied Materials (AMAT) is larger, with a market capitalization of $404.39B compared with $99.52B for ASE Technology (ASX).
Which stock has performed better over the past year, AMAT or ASX?
ASX returned +281.62% over the past 12 months, compared with +134.27% for AMAT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMAT or ASX?
AMAT has the lower trailing P/E at 44.0, versus 53.9 for ASX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Applied Materials or ASE Technology?
ASE Technology has the higher yield at 0.92%, compared with 0.39% for Applied Materials.
Are Applied Materials and ASE Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.