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.

Compare

Total returnASX vs FTNT

growth of $100 · dividends reinvested · last 10y
ASX +873.9% (+25.6%/yr)FTNT +2023.5% (+35.7%/yr)FTNT compounded faster over this window
05001k2k2kStart $10020182020202220242026$974$2,124
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

MetricASXFTNT
P/E ratio43.6355.03
Forward P/EN/A45.30
P/S ratio3.7215.39
P/B ratio6.9274.69
EV / EBITDA19.9142.10
FCF yieldN/A2.69%

Profitability

MetricASXFTNT
Gross margin19.47%80.38%
Operating margin9.76%32.43%
Net margin8.52%28.17%
ROE15.88%136.72%
ROIC7.20%32.78%

Dividends

MetricASXFTNT
Dividend yield1.08%N/A
Payout ratio47.07%N/A

Growth (annualized)

MetricASXFTNT
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.

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.