MetaCap

ASE Technology (ASX) vs QUALCOMM (QCOM)

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 QUALCOMM (QCOM) over the past year, gaining 302.1% versus a gain of 7.0%. Over five years, ASX leads with a +565.1% price change compared with +36.0% for QCOM. QUALCOMM is the larger company by market cap ($189.14 billion vs $100.62 billion), about 1.9 times the size.

On valuation, QUALCOMM trades at a lower forward P/E (17.4x vs 23.4x for ASE Technology). QUALCOMM pays a dividend yielding 2.03%, while ASE Technology does not currently pay one. QUALCOMM converts more of its revenue into profit, with a net margin of 12.5% versus 6.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ASX+302.11%QCOM+7.05%
+335%+146%-42%
Oct 7, 20251 yearOct 7, 2026
ASX+577.93%QCOM+39.96%
+635%+287%-60%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ASX versus QCOM key metrics
MetricASXQCOM
Share price$45.76$177.12
Market cap$100.62B$189.14B
1-day change-2.18%-2.16%
YTD return+184.22%+3.55%
1-year return+302.11%+7.05%
5-year return+565.12%+36.04%
P/E ratio (TTM)54.4820.50
Forward P/E23.4317.36
EPS (TTM)$0.84$8.64
Dividend yield0.91%2.03%
Annual dividend$0.00$3.59
Revenue (latest FY)$20.57B$44.28B
Revenue growth (YoY)+13.30%+13.66%
Net income (latest FY)$1.28B$5.54B
Gross margin17.69%55.43%
Operating margin7.97%27.90%
Net margin6.20%12.51%
52-week high$47.93$259.92
52-week low$11.07$121.99
Distance from 52-week high-4.53%-31.86%
Analyst consensusnonehold
Avg. price target upside+11.45%+9.60%
Average volume7.44M12.29M
Shares outstanding2.20B1.07B
Employees114,17952,000
SectorTechnologyTechnology
IndustrySemiconductorsRadio And Television Broadcasting And Communications Equipment

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

  • ASX has outperformed QCOM by 295.1 percentage points over the past year.
  • ASE Technology trades at a higher earnings multiple (54.5x vs 20.5x trailing P/E).
  • QUALCOMM offers a meaningfully higher dividend yield (2.03% vs 0.91%).
  • QUALCOMM is more profitable, keeping 12.5 cents of every revenue dollar as net income versus 6.2 cents for ASE Technology.

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 QUALCOMM

QCOM stock →

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).

Technology · Radio And Television Broadcasting And Communications Equipment · 52,000 employees

ASX vs QCOM FAQ

Which is bigger, ASE Technology or QUALCOMM?

QUALCOMM (QCOM) is larger, with a market capitalization of $189.14B compared with $100.62B for ASE Technology (ASX).

Which stock has performed better over the past year, ASX or QCOM?

ASX returned +302.11% over the past 12 months, compared with +7.05% for QCOM (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, ASX or QCOM?

QCOM has the lower trailing P/E at 20.5, versus 54.5 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, ASE Technology or QUALCOMM?

QUALCOMM has the higher yield at 2.03%, compared with 0.91% for ASE Technology.

Are ASE Technology and QUALCOMM in the same industry?

Both are in the Technology sector, but in different industries: Semiconductors for ASE Technology and Radio And Television Broadcasting And Communications Equipment for QUALCOMM.

More comparisons