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IMOS vs ASX
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
IMOS vs ASX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Semiconductors | Semiconductors |
| Market Cap | $2.10B | $74.84B |
| Revenue (TTM) | $22.81B | $666.14B |
| Net Income (TTM) | $247M | $47.13B |
| Gross Margin | 9.5% | 18.3% |
| Operating Margin | 2.7% | 8.8% |
| Forward P/E | 0.8x | 1.0x |
| Total Debt | $15.16B | $264.10B |
| Cash & Equiv. | $15.22B | $92.47B |
IMOS vs ASX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ChipMOS TECHNOLOGIE… (IMOS) | 100 | 296.0 | +196.0% |
| ASE Technology Hold… (ASX) | 100 | 839.0 | +739.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IMOS vs ASX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IMOS is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 1.35, yield 1.9%
- Lower volatility, beta 1.35, Low D/E 60.6%, current ratio 2.71x
- PEG 0.01 vs ASX's 0.13
ASX carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 6.8%, EPS growth 27.7%, 3Y rev CAGR -1.5%
- 7.0% 10Y total return vs IMOS's 305.9%
- 6.8% revenue growth vs IMOS's 6.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.8% revenue growth vs IMOS's 6.3% | |
| Value | Lower P/E (0.8x vs 1.0x), PEG 0.01 vs 0.13 | |
| Quality / Margins | 7.1% margin vs IMOS's 1.1% | |
| Stability / Safety | Beta 1.35 vs ASX's 1.60, lower leverage | |
| Dividends | 1.9% yield, vs ASX's 1.0% | |
| Momentum (1Y) | +276.8% vs IMOS's +250.5% | |
| Efficiency (ROA) | 5.5% ROA vs IMOS's 0.6%, ROIC 7.6% vs 3.6% |
IMOS vs ASX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
IMOS vs ASX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ASX leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ASX is the larger business by revenue, generating $666.1B annually — 29.2x IMOS's $22.8B. ASX is the more profitable business, keeping 7.1% of every revenue dollar as net income compared to IMOS's 1.1%. On growth, ASX holds the edge at +17.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $22.8B | $666.1B |
| EBITDAEarnings before interest/tax | $5.6B | $127.9B |
| Net IncomeAfter-tax profit | $247M | $47.1B |
| Free Cash FlowCash after capex | -$85M | -$6.2B |
| Gross MarginGross profit ÷ Revenue | +9.5% | +18.3% |
| Operating MarginEBIT ÷ Revenue | +2.7% | +8.8% |
| Net MarginNet income ÷ Revenue | +1.1% | +7.1% |
| FCF MarginFCF ÷ Revenue | -0.4% | -0.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.2% | +17.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +22.0% | +95.1% |
Valuation Metrics
IMOS leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 49.0x trailing earnings, IMOS trades at a 16% valuation discount to ASX's 58.2x P/E. Adjusting for growth (PEG ratio), IMOS offers better value at 0.78x vs ASX's 7.36x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.1B | $74.8B |
| Enterprise ValueMkt cap + debt − cash | $2.1B | $80.3B |
| Trailing P/EPrice ÷ TTM EPS | 48.97x | 58.15x |
| Forward P/EPrice ÷ next-FY EPS est. | 0.81x | 1.04x |
| PEG RatioP/E ÷ EPS growth rate | 0.78x | 7.36x |
| EV / EBITDAEnterprise value multiple | 10.71x | 21.20x |
| Price / SalesMarket cap ÷ Revenue | 2.90x | 3.62x |
| Price / BookPrice ÷ Book value/share | 2.77x | 6.37x |
| Price / FCFMarket cap ÷ FCF | 76.47x | — |
Profitability & Efficiency
ASX leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
ASX delivers a 13.4% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $1 for IMOS. IMOS carries lower financial leverage with a 0.61x debt-to-equity ratio, signaling a more conservative balance sheet compared to ASX's 0.71x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +1.1% | +13.4% |
| ROA (TTM)Return on assets | +0.6% | +5.5% |
| ROICReturn on invested capital | +3.6% | +7.6% |
| ROCEReturn on capital employed | +3.4% | +8.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.61x | 0.71x |
| Net DebtTotal debt minus cash | -$63M | $171.6B |
| Cash & Equiv.Liquid assets | $15.2B | $92.5B |
| Total DebtShort + long-term debt | $15.2B | $264.1B |
| Interest CoverageEBIT ÷ Interest expense | 6.24x | 10.27x |
Total Returns (Dividends Reinvested)
ASX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ASX five years ago would be worth $46,812 today (with dividends reinvested), compared to $20,679 for IMOS. Over the past 12 months, ASX leads with a +276.8% total return vs IMOS's +250.5%. The 3-year compound annual growth rate (CAGR) favors ASX at 71.1% vs IMOS's 35.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +97.3% | +103.0% |
| 1-Year ReturnPast 12 months | +250.5% | +276.8% |
| 3-Year ReturnCumulative with dividends | +150.0% | +400.9% |
| 5-Year ReturnCumulative with dividends | +106.8% | +368.1% |
| 10-Year ReturnCumulative with dividends | +305.9% | +703.9% |
| CAGR (3Y)Annualised 3-year return | +35.7% | +71.1% |
Risk & Volatility
Evenly matched — IMOS and ASX each lead in 1 of 2 comparable metrics.
Risk & Volatility
IMOS is the less volatile stock with a 1.35 beta — it tends to amplify market swings less than ASX's 1.60 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.35x | 1.60x |
| 52-Week HighHighest price in past year | $61.27 | $34.30 |
| 52-Week LowLowest price in past year | $15.06 | $9.12 |
| % of 52W HighCurrent price vs 52-week peak | +98.4% | +99.8% |
| RSI (14)Momentum oscillator 0–100 | 74.4 | 73.8 |
| Avg Volume (50D)Average daily shares traded | 66K | 6.9M |
Analyst Outlook
Evenly matched — IMOS and ASX each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates IMOS as "Hold" and ASX as "Buy". For income investors, IMOS offers the higher dividend yield at 1.89% vs ASX's 0.97%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | 1 | 5 |
| Dividend YieldAnnual dividend ÷ price | +1.9% | +1.0% |
| Dividend StreakConsecutive years of raises | 0 | 1 |
| Dividend / ShareAnnual DPS | $35.67 | $10.46 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
ASX leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). IMOS leads in 1 (Valuation Metrics). 2 tied.
IMOS vs ASX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is IMOS or ASX a better buy right now?
For growth investors, ASE Technology Holding Co.
, Ltd. (ASX) is the stronger pick with 6. 8% revenue growth year-over-year, versus 6. 3% for ChipMOS TECHNOLOGIES Inc. (IMOS). ChipMOS TECHNOLOGIES Inc. (IMOS) offers the better valuation at 49. 0x trailing P/E (0. 8x forward), making it the more compelling value choice. Analysts rate ASE Technology Holding Co. , Ltd. (ASX) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IMOS or ASX?
On trailing P/E, ChipMOS TECHNOLOGIES Inc.
(IMOS) is the cheapest at 49. 0x versus ASE Technology Holding Co. , Ltd. at 58. 2x. On forward P/E, ChipMOS TECHNOLOGIES Inc. is actually cheaper at 0. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: ChipMOS TECHNOLOGIES Inc. wins at 0. 01x versus ASE Technology Holding Co. , Ltd. 's 0. 13x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — IMOS or ASX?
Over the past 5 years, ASE Technology Holding Co.
, Ltd. (ASX) delivered a total return of +368. 1%, compared to +106. 8% for ChipMOS TECHNOLOGIES Inc. (IMOS). Over 10 years, the gap is even starker: ASX returned +703. 9% versus IMOS's +305. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IMOS or ASX?
By beta (market sensitivity over 5 years), ChipMOS TECHNOLOGIES Inc.
(IMOS) is the lower-risk stock at 1. 35β versus ASE Technology Holding Co. , Ltd. 's 1. 60β — meaning ASX is approximately 19% more volatile than IMOS relative to the S&P 500. On balance sheet safety, ChipMOS TECHNOLOGIES Inc. (IMOS) carries a lower debt/equity ratio of 61% versus 71% for ASE Technology Holding Co. , Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — IMOS or ASX?
By revenue growth (latest reported year), ASE Technology Holding Co.
, Ltd. (ASX) is pulling ahead at 6. 8% versus 6. 3% for ChipMOS TECHNOLOGIES Inc. (IMOS). On earnings-per-share growth, the picture is similar: ASE Technology Holding Co. , Ltd. grew EPS 27. 7% year-over-year, compared to -25. 2% for ChipMOS TECHNOLOGIES Inc.. Over a 3-year CAGR, ASX leads at -1. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — IMOS or ASX?
ChipMOS TECHNOLOGIES Inc.
(IMOS) is the more profitable company, earning 6. 3% net margin versus 6. 3% for ASE Technology Holding Co. , Ltd. — meaning it keeps 6. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ASX leads at 7. 9% versus 5. 6% for IMOS. At the gross margin level — before operating expenses — ASX leads at 17. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is IMOS or ASX more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, ChipMOS TECHNOLOGIES Inc. (IMOS) is the more undervalued stock at a PEG of 0. 01x versus ASE Technology Holding Co. , Ltd. 's 0. 13x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, ChipMOS TECHNOLOGIES Inc. (IMOS) trades at 0. 8x forward P/E versus 1. 0x for ASE Technology Holding Co. , Ltd. — 0. 2x cheaper on a one-year earnings basis.
08Which pays a better dividend — IMOS or ASX?
All stocks in this comparison pay dividends.
ChipMOS TECHNOLOGIES Inc. (IMOS) offers the highest yield at 1. 9%, versus 1. 0% for ASE Technology Holding Co. , Ltd. (ASX).
09Is IMOS or ASX better for a retirement portfolio?
For long-horizon retirement investors, ASE Technology Holding Co.
, Ltd. (ASX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 0% yield, +703. 9% 10Y return). Both have compounded well over 10 years (ASX: +703. 9%, IMOS: +305. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between IMOS and ASX?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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