ASE Technology Holding Co., Ltd. (ASX) vs Fortinet, Inc. (FTNT)
A side-by-side comparison of ASE Technology Holding Co., Ltd. and Fortinet, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.
ASX
ASE Technology Holding Co., Ltd.
$39.71TechnologyDelayed quote: Sep 8, 2026, 3:45 PM EDT
FTNT
Fortinet, Inc.
$156.71TechnologyDelayed quote: Sep 8, 2026, 3:45 PM EDT
Total return — ASX vs FTNT
growth of $100 · dividends reinvested · last 10yASX +873.9% (+25.6%/yr)FTNT +2023.5% (+35.7%/yr)FTNT compounded faster over this window
ASX FTNT
ASX vs FTNT: by the numbers
- •FTNT is the larger company ($114.98B vs $87.30B market cap).
- •ASX trades at the lower trailing earnings multiple (43.63 vs 55.03 P/E), one valuation lens rather than an overall verdict.
- •FTNT converts more revenue to profit (28.17% vs 8.52% net margin).
- •FTNT grew revenue faster over the past five years (20.93% vs 4.53% CAGR).
- •ASX pays a dividend (1.08% yield), while FTNT has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ASX | FTNT |
|---|---|---|
| P/E ratio | 43.63 | 55.03 |
| Forward P/E | N/A | 45.30 |
| P/S ratio | 3.72 | 15.39 |
| P/B ratio | 6.92 | 74.69 |
| EV / EBITDA | 19.91 | 42.10 |
| FCF yield | N/A | 2.69% |
Profitability
| Metric | ASX | FTNT |
|---|---|---|
| Gross margin | 19.47% | 80.38% |
| Operating margin | 9.76% | 32.43% |
| Net margin | 8.52% | 28.17% |
| ROE | 15.88% | 136.72% |
| ROIC | 7.20% | 32.78% |
Dividends
| Metric | ASX | FTNT |
|---|---|---|
| Dividend yield | 1.08% | N/A |
| Payout ratio | 47.07% | N/A |
Growth (annualized)
| Metric | ASX | FTNT |
|---|---|---|
| Revenue CAGR (5Y) | 4.53% | 20.93% |
| EPS CAGR (5Y) | 5.36% | 32.39% |
| FCF CAGR (5Y) | -20.79% | 22.98% |
| Total return CAGR (5Y) | 38.86% | 19.53% |
Frequently asked
- Which has the lower trailing P/E, ASX or FTNT?
- ASX has the lower trailing P/E: ASX trades at 43.63 and FTNT at 55.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ASX or FTNT?
- Over the past five years, FTNT grew revenue faster — ASX at a 4.53% CAGR versus FTNT at 20.93%.
- Does ASX or FTNT pay a bigger dividend?
- ASX pays a dividend (1.08% yield), while FTNT has no payments in the available dividend history.
- Is ASX or FTNT more profitable?
- FTNT runs the higher net margin — ASX at 8.52% versus FTNT at 28.17%.
- How have ASX and FTNT total returns compared?
- Over the past 10 years, ASX delivered 25.59% and FTNT delivered 35.70% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ASE Technology Holding P/E ratioFortinet P/E ratioASE Technology Holding dividend yieldASE Technology Holding ROEFortinet ROEASE Technology Holding operating marginFortinet operating marginASE Technology Holding revenue growthFortinet revenue growthASE Technology Holding free cash flowFortinet free cash flow
ASE Technology Holding & Fortinet appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 8, 2026.