ASX vs. UMC, GFS, ON, SWKS, ALAB, MPWR, LSCC, QRVO, STM, and AMKR
Should you be buying ASE Technology stock or one of its competitors? The main competitors of ASE Technology include United Microelectronics (UMC), GLOBALFOUNDRIES (GFS), Onsemi (ON), Skyworks Solutions (SWKS), Astera Labs (ALAB), Monolithic Power Systems (MPWR), Lattice Semiconductor (LSCC), Qorvo (QRVO), STMicroelectronics (STM), and Amkor Technology (AMKR). These companies are all part of the "semiconductors & related devices" industry.
United Microelectronics (NYSE:UMC) and ASE Technology (NYSE:ASX) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, media sentiment, earnings, community ranking, institutional ownership, risk, profitability and valuation.
United Microelectronics has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, ASE Technology has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500.
United Microelectronics pays an annual dividend of $0.44 per share and has a dividend yield of 5.4%. ASE Technology pays an annual dividend of $0.42 per share and has a dividend yield of 4.0%. United Microelectronics pays out 62.9% of its earnings in the form of a dividend. ASE Technology pays out 91.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. United Microelectronics has increased its dividend for 1 consecutive years and ASE Technology has increased its dividend for 3 consecutive years. United Microelectronics is clearly the better dividend stock, given its higher yield and lower payout ratio.
United Microelectronics currently has a consensus price target of $8.90, indicating a potential upside of 8.67%. ASE Technology has a consensus price target of $7.84, indicating a potential downside of 25.52%. Given ASE Technology's higher probable upside, equities research analysts plainly believe United Microelectronics is more favorable than ASE Technology.
United Microelectronics has a net margin of 24.79% compared to United Microelectronics' net margin of 5.41%. ASE Technology's return on equity of 15.97% beat United Microelectronics' return on equity.
5.1% of United Microelectronics shares are held by institutional investors. Comparatively, 6.8% of ASE Technology shares are held by institutional investors. 8.0% of United Microelectronics shares are held by company insiders. Comparatively, 22.9% of ASE Technology shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
United Microelectronics received 4 more outperform votes than ASE Technology when rated by MarketBeat users. However, 64.35% of users gave ASE Technology an outperform vote while only 61.92% of users gave United Microelectronics an outperform vote.
In the previous week, ASE Technology had 3 more articles in the media than United Microelectronics. MarketBeat recorded 4 mentions for ASE Technology and 1 mentions for United Microelectronics. ASE Technology's average media sentiment score of 1.45 beat United Microelectronics' score of 1.27 indicating that United Microelectronics is being referred to more favorably in the media.
United Microelectronics has higher earnings, but lower revenue than ASE Technology. United Microelectronics is trading at a lower price-to-earnings ratio than ASE Technology, indicating that it is currently the more affordable of the two stocks.
Summary
United Microelectronics beats ASE Technology on 11 of the 20 factors compared between the two stocks.
Get ASE Technology News Delivered to You Automatically
Sign up to receive the latest news and ratings for ASX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ASX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
ASE Technology Competitors List
Related Companies and Tools
