Arm (ARM) vs ASE Technology (ASX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ASE Technology (ASX) has outperformed Arm (ARM) over the past year, gaining 302.1% versus a gain of 84.7%. Arm is the larger company by market cap ($314.39 billion vs $100.62 billion), about 3.1 times the size. On valuation, ASE Technology trades at a lower forward P/E (23.4x vs 96.1x for Arm).
Arm converts more of its revenue into profit, with a net margin of 18.4% 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 | ARM | ASX |
|---|---|---|
| Share price | $294.37 | $45.76 |
| Market cap | $314.39B | $100.62B |
| 1-day change | -2.71% | -2.18% |
| YTD return | +169.30% | +184.22% |
| 1-year return | +84.74% | +302.11% |
| 5-year return | — | +563.52% |
| P/E ratio (TTM) | 303.47 | 54.48 |
| Forward P/E | 96.11 | 23.43 |
| EPS (TTM) | $0.97 | $0.84 |
| Dividend yield | 0.00% | 0.91% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.92B | $20.57B |
| Revenue growth (YoY) | +22.79% | +13.30% |
| Net income (latest FY) | $904.00M | $1.28B |
| Gross margin | 97.54% | 17.69% |
| Operating margin | 18.29% | 7.97% |
| Net margin | 18.37% | 6.20% |
| 52-week high | $452.70 | $47.93 |
| 52-week low | $100.02 | $11.07 |
| Distance from 52-week high | -34.97% | -4.53% |
| Analyst consensus | buy | none |
| Avg. price target upside | -1.24% | +11.45% |
| Average volume | 5.25M | 7.44M |
| Shares outstanding | 1.07B | 2.20B |
| Employees | 9,584 | 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
- Arm is about 3.1 times larger than ASE Technology by market value ($314.39B vs $100.62B).
- ASX has outperformed ARM by 217.4 percentage points over the past year.
- Arm trades at a higher earnings multiple (303.5x vs 54.5x trailing P/E).
- Arm is more profitable, keeping 18.4 cents of every revenue dollar as net income versus 6.2 cents for ASE Technology.
- Arm grew revenue faster in its latest fiscal year (+22.79% vs +13.30%).
About Arm
ARM stock →Arm Holdings plc researches, develops, licenses, and markets central processing unit (CPU) intellectual property (IP), graphics processing unit IP, systems IP, compute subsystems (CSS), and associated software, tools and related services. The company provides a product portfolio, including CPU IP, GPU and neural processing unit (NPU) accelerators, system IP such as interconnects, compute platform products including pre-integrated CSSs, and development tools and software.
Technology · Semiconductors · 9,584 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
ARM vs ASX FAQ
Which is bigger, Arm or ASE Technology?
Arm (ARM) is larger, with a market capitalization of $314.39B compared with $100.62B for ASE Technology (ASX).
Which stock has performed better over the past year, ARM or ASX?
ASX returned +302.11% over the past 12 months, compared with +84.74% for ARM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARM or ASX?
ASX has the lower trailing P/E at 54.5, versus 303.5 for ARM. 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, Arm or ASE Technology?
ASE Technology pays a dividend yielding 0.91%, while Arm does not currently pay a regular dividend.
Are Arm and ASE Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.