ASX vs FLEX vs PLXS Stock Comparison

ASE Technology Holding, Flex and Plexus Prices as of Oct 29, 2026 Peers: Industry group
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FLEX Flex Ltd.
$93.07 -18.2% 1M +40.8% 1Y
Market cap
$34.38B
P/E
42.3x
Revenue (TTM)
$30.95B
Div. yield
–
Electronic Manufacturing Services Technology
2 wins
PLXS Plexus Corp
$216.32 -18.7% 1M +55.1% 1Y
Market cap
$5.77B
P/E
28.5x
Revenue (TTM)
$4.96B
Div. yield
–
Electronic Manufacturing Services Technology
2 wins

Head to Head

8 decided of 12

ASE Technology Holding leads on 4 of the 12 questions below (ASE Technology Holding 4, Plexus 2, Flex 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionASXFLEXPLXSLeader
Larger companyMarket capitalisation $99.12B $34.38B $5.77B ASX
Cheaper on earningsLower P/E, profitable companies only 39.8x 42.3x 28.5x PLXS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.1x 19.1x 20.4x FLEX
Faster revenue growthRevenue growth, trailing twelve months +24.1% +17.5% +23.1% ASX
More profitableNet margin, trailing twelve months 9.8% — — –
Better return on capitalReturn on invested capital 12.6% — — –
Less leveragedLower net debt / EBITDA 1.4x — — –
Higher dividend yieldTrailing dividend yield 0.90% — — –
Better 1-year returnPrice return, last 12 months +208.9% +40.8% +55.1% ASX
Better 5-year returnAnnualised price return, 5 years +44.4%/yr +48.9%/yr +19.9%/yr FLEX
Less volatileAnnualised volatility, 1 year 57.8% 69.8% 42.8% PLXS
Higher overall scoreMean of the five percentile scores vs peers 64/100 48/100 43/100 ASX

Percentile Scorecard

ASXFLEXPLXS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisASXFLEXPLXS
Valuation 80 #20 of 94 63 #42 of 112 50 #57 of 112
Growth 88 #12 of 92 50 #55 of 108 44 #61 of 108
Profitability 69 #28 of 88 68 #34 of 104 53 #49 of 104
Financial Health 16 #81 of 96 13 #101 of 116 24 #88 of 116
Shareholder Returns 66 #25 of 72 – –
Overall 64 48 43
  • ASX ranked among 103 companies in Semiconductors
  • FLEX ranked among 121 companies in Computer Hardware
  • PLXS ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodASXFLEXPLXSSPY
1 month -1.6%-18.2%-18.7% +0.7%
3 months +28.1%-16.8%-10.6% +3.7%
6 months +41.9%+1.7%-13.7% +7.1%
Year to date +176.9%+54.0%+47.2% +12.8%
1 year +208.9%+40.8%+55.1% +11.9%
3 years +505.7%+383.2%+122.6% +85.2%
3 years, per year +82.4%+69.1%+30.6% +22.8%
5 years +526.1%+630.5%+147.7% +67.6%
5 years, per year +44.4%+48.9%+19.9% +10.9%
10 years +668.6%+752.3%+377.2% +262.0%
10 years, per year +22.6%+23.9%+16.9% +13.7%

Risk

MeasureASXFLEXPLXSSPY
Volatility, 1Y 57.8%69.8%42.8% 12.7%
Downside volatility, 1Y 62.4%64.4%46.4% 12.6%
Beta vs S&P 500, 1Y 2.603.121.76 1.00
Return / volatility, 1Y 3.610.581.29 0.94
Max drawdown, 5Y -43.1%-52.8%-34.9% -25.4%
From 52-week high -6.4%-42.6%-28.8% -1.2%
52-week high $47.62$162.07$303.82 $779.14
52-week low $13.75$54.51$132.74 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleASXFLEXPLXS
P/E now vs peer median 39.8xmedian 46.4x 42.3xmedian 32.9x 28.5xmedian 32.9x
P/S now vs peer median 4.0xmedian 7.8x 1.1xmedian 2.9x 1.2xmedian 2.9x
EV/EBITDA now vs peer median 19.9xmedian 27.5x —median 20.0x —median 20.0x
P/FCF now vs peer median 6.3xmedian 40.1x 50.3xmedian 30.2x 117.8xmedian 30.2x
P/B now vs peer median 7.5xmedian 4.7x 5.9xmedian 2.9x 3.7xmedian 2.9x
PEG now vs peer median 1.61median 2.10 —median 1.08 1.97median 1.08

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsASXFLEXPLXS
Revenue $24.92B $30.95B $4.96B
Gross profit $5.18B $2.94B $502.67M
Operating income $2.83B $1.57B $263.84M
Net income $3.27B $774.00M $202.49M
Free cash flow $15.64B – –
R&D $1.26B – –
EPS (diluted) $1.10 – $7.42
Cash & equivalents $2.78B $3.08B –
Total debt $10.90B – –
Shares (diluted) 2.21B 374.00M 27.29M
Enterprise value $87.46B $34.38B $5.77B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricASXFLEXPLXS
P/E 39.8x 42.3x 28.5x
P/FCF 6.3x 50.3x 117.8x
P/Operating cash flow 15.2x 21.4x 84.6x
P/S 4.0x 1.1x 1.2x
P/B 7.5x 5.9x 3.7x
P/Tangible book 8.8x 6.7x 3.7x
EV/EBITDA 19.9x – –
EV/EBIT 37.7x – –
EV/Revenue 4.3x 1.1x 1.2x
EV/FCF 6.8x – –
EV/Operating cash flow 16.4x 21.4x 84.6x
PEG (3Y EPS CAGR) 1.61 – 1.97

Growth

14 metrics
MetricASXFLEXPLXS
Revenue growth (1Y) 24.1% 17.5% 23.1%
Revenue CAGR (3Y) 8.9% 3.3% 5.6%
Gross profit growth (1Y) 53.2% 25.5% 23.7%
Gross profit CAGR (3Y) 17.2% 14.5% 8.4%
Operating income growth (1Y) 100.1% 25.8% 30.4%
Operating income CAGR (3Y) 22.2% 17.0% 10.4%
Net income growth (1Y) 110.4% -11.6% 17.1%
Net income CAGR (3Y) 18.9% -14.0% 13.3%
EPS growth (1Y) 114.2% – 18.5%
EPS CAGR (3Y) 24.7% – 14.5%
Operating cash flow growth (1Y) 92.0% -5.2% -72.6%
Operating cash flow CAGR (3Y) 19.6% 11.2% -25.6%
Free cash flow growth (1Y) 86.3% – –
Free cash flow CAGR (3Y) 39.2% – –

Profitability

14 metrics
MetricASXFLEXPLXS
Gross margin 20.8% – –
EBITDA margin 21.5% – –
Operating margin 11.4% – –
Pretax margin 12.0% – –
Net margin 9.8% – –
FCF margin 62.8% – –
Operating cash flow margin 26.1% 5.2% 1.4%
Return on equity 25.7% 13.7% –
Return on assets 9.0% 2.9% –
Return on invested capital 12.6% – –
Return on capital employed 9.0% – –
Asset turnover 0.7x 1.2x 1.3x
Cash conversion (OCF / net income) 2.0x 2.1x 0.3x
Stock comp / revenue – – 0.9%

Financial Health

11 metrics
MetricASXFLEXPLXS
Debt / assets 27.9% – –
Debt / equity 0.8x – –
Net debt / EBITDA 1.4x – –
Debt / FCF 0.7x – –
Liabilities / assets 66.0% 78.8% 60.0%
Equity / assets 34.0% 21.2% 40.0%
Interest coverage 10.9x – –
Current ratio 0.3x 1.3x 1.4x
Quick ratio 1.8x – –
Cash ratio 0.7x – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricASXFLEXPLXS
Dividend yield 0.9% – –
Net buyback yield – – –
Shareholder yield 0.9% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusASXFLEXPLXS
Forward P/E 35.1xFY2026 19.1xFY2026 20.4xFY2027
EPS, next fiscal year $1.27FY2026 $4.88FY2026 $10.58FY2027
EPS growth, next FY +126.8%FY2026 +47.9%FY2026 +39.6%FY2027
EPS growth, the year after +37.8% +38.7% +1.3%
Revenue, next fiscal year $24.36BFY2026 $36.41BFY2026 $5.37BFY2027
Revenue growth, next FY +19.6%FY2026 +30.4%FY2026 +8.1%FY2027
Revenue growth, the year after +32.0% +29.4% +20.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersASXFLEXPLXS
Held by institutions 6.9% 94.3% 99.7%
Institutions holding 483 1,107 448
Change in shares held, QoQ -2.5% -0.8% -0.6%
Institutions buying 309 675 246
Institutions selling 133 342 135
Buyers to sellers 2.32 1.97 1.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ASXFLEXPLXS
ASX 1.00 0.62 0.60
FLEX 0.62 1.00 0.63
PLXS 0.60 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ASX, FLEX and PLXS?

ASE Technology Holding (ASX) is the largest by market capitalisation: ASE Technology Holding (ASX) $99.12B, Flex (FLEX) $34.38B, Plexus (PLXS) $5.77B.

Which stock is cheaper, ASX, FLEX and PLXS?

Plexus (PLXS) trades on the lowest price-to-earnings ratio (ASE Technology Holding (ASX) 39.8x, Flex (FLEX) 42.3x, Plexus (PLXS) 28.5x). On next year's consensus earnings, Flex (FLEX) is cheapest (ASE Technology Holding (ASX) 35.1x, Flex (FLEX) 19.1x, Plexus (PLXS) 20.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

ASE Technology Holding (ASX) grew revenue fastest over the trailing twelve months: ASE Technology Holding (ASX) +24.1%, Flex (FLEX) +17.5%, Plexus (PLXS) +23.1%.

Which stock has performed better?

Over the past year ASE Technology Holding (ASX) returned the most: ASE Technology Holding (ASX) +208.9%, Flex (FLEX) +40.8%, Plexus (PLXS) +55.1%. Over five years, Flex (FLEX) compounded fastest (ASE Technology Holding (ASX) +44.4%/yr, Flex (FLEX) +48.9%/yr, Plexus (PLXS) +19.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: ASE Technology Holding (ASX) 0.90%. Flex (FLEX) and Plexus (PLXS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Plexus (PLXS) has been the steadiest (ASE Technology Holding (ASX) 57.8%, Flex (FLEX) 69.8%, Plexus (PLXS) 42.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ASX, FLEX and PLXS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, ASE Technology Holding (ASX) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.