ASE Technology (ASX) vs Microchip Technology (MCHP)
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 Microchip Technology (MCHP) over the past year, gaining 281.6% versus a gain of 12.9%. Over five years, ASX leads with a +557.8% price change compared with +3.8% for MCHP. ASE Technology is the larger company by market cap ($101.42 billion vs $40.28 billion), about 2.5 times the size.
On valuation, Microchip Technology trades at a lower forward P/E (16.2x vs 23.6x for ASE Technology). Microchip Technology pays a dividend yielding 2.45%, while ASE Technology does not currently pay one. ASE Technology converts more of its revenue into profit, with a net margin of 6.2% versus 4.9%.
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 | ASX | MCHP |
|---|---|---|
| Share price | $46.13 | $74.18 |
| Market cap | $101.42B | $40.28B |
| 1-day change | +1.91% | -1.77% |
| YTD return | +181.12% | +18.52% |
| 1-year return | +281.62% | +12.85% |
| 5-year return | +557.85% | +3.76% |
| P/E ratio (TTM) | 54.91 | 109.09 |
| Forward P/E | 23.61 | 16.18 |
| EPS (TTM) | $0.84 | $0.68 |
| Dividend yield | 0.92% | 2.45% |
| Annual dividend | $0.00 | $1.82 |
| Revenue (latest FY) | $20.57B | $4.71B |
| Revenue growth (YoY) | +13.30% | +7.08% |
| Net income (latest FY) | $1.28B | $230.00M |
| Gross margin | 17.69% | 57.73% |
| Operating margin | 7.97% | 10.40% |
| Net margin | 6.20% | 4.88% |
| 52-week high | $47.93 | $105.91 |
| 52-week low | $11.07 | $48.52 |
| Distance from 52-week high | -3.77% | -29.96% |
| Analyst consensus | none | buy |
| Avg. price target upside | +10.57% | +45.38% |
| Average volume | 7.40M | 9.28M |
| Shares outstanding | 2.20B | 543.01M |
| Employees | 114,179 | 17,900 |
| 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
- ASE Technology is about 2.5 times larger than Microchip Technology by market value ($101.42B vs $40.28B).
- ASX has outperformed MCHP by 268.8 percentage points over the past year.
- Microchip Technology trades at a higher earnings multiple (109.1x vs 54.9x trailing P/E).
- Microchip Technology offers a meaningfully higher dividend yield (2.45% vs 0.92%).
- ASE Technology grew revenue faster in its latest fiscal year (+13.30% vs +7.08%).
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
About Microchip Technology
MCHP stock →Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing.
Technology · Semiconductors · 17,900 employees
ASX vs MCHP FAQ
Which is bigger, ASE Technology or Microchip Technology?
ASE Technology (ASX) is larger, with a market capitalization of $101.42B compared with $40.28B for Microchip Technology (MCHP).
Which stock has performed better over the past year, ASX or MCHP?
ASX returned +281.62% over the past 12 months, compared with +12.85% for MCHP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ASX or MCHP?
ASX has the lower trailing P/E at 54.9, versus 109.1 for MCHP. 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, ASE Technology or Microchip Technology?
Microchip Technology has the higher yield at 2.45%, compared with 0.92% for ASE Technology.
Are ASE Technology and Microchip Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.