DSWL vs ASX vs PLXS Stock Comparison

Deswell Industries, ASE Technology Holding and Plexus Prices as of Oct 29, 2026 Peers: Industry group
DSWL Deswell Industries Inc
$2.96 -3.0% 1M -14.7% 1Y
Market cap
$47.02M
P/E
4.4x
Revenue (TTM)
—
Div. yield
10.14%
Electronic Manufacturing Services Technology
3 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

9 decided of 12

ASE Technology Holding leads on 4 of the 12 questions below (ASE Technology Holding 4, Deswell Industries 3, Plexus 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDSWLASXPLXSLeader
Larger companyMarket capitalisation $47.02M $99.12B $5.77B ASX
Cheaper on earningsLower P/E, profitable companies only 4.4x 39.8x 28.5x DSWL
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 35.1x 20.4x PLXS
Faster revenue growthRevenue growth, trailing twelve months — +24.1% +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 10.14% 0.90% — DSWL
Better 1-year returnPrice return, last 12 months -14.7% +208.9% +55.1% ASX
Better 5-year returnAnnualised price return, 5 years -5.7%/yr +44.4%/yr +19.9%/yr ASX
Less volatileAnnualised volatility, 1 year 43.1% 57.8% 42.8% PLXS
Higher overall scoreMean of the five percentile scores vs peers 96/100 64/100 43/100 DSWL

Percentile Scorecard

DSWLASXPLXS

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

AxisDSWLASXPLXS
Valuation 97 #4 of 112 80 #20 of 94 50 #57 of 112
Growth – 88 #12 of 92 44 #61 of 108
Profitability – 69 #28 of 88 53 #49 of 104
Financial Health 90 #13 of 116 16 #81 of 96 24 #88 of 116
Shareholder Returns 100 #1 of 78 66 #25 of 72 –
Overall 96 64 43
  • DSWL ranked among 121 companies in Computer Hardware
  • ASX ranked among 103 companies in Semiconductors
  • 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

PeriodDSWLASXPLXSSPY
1 month -3.0%-1.6%-18.7% +0.7%
3 months -8.6%+28.1%-10.6% +3.7%
6 months -13.2%+41.9%-13.7% +7.1%
Year to date -14.5%+176.9%+47.2% +12.8%
1 year -14.7%+208.9%+55.1% +11.9%
3 years +33.3%+505.7%+122.6% +85.2%
3 years, per year +10.1%+82.4%+30.6% +22.8%
5 years -25.4%+526.1%+147.7% +67.6%
5 years, per year -5.7%+44.4%+19.9% +10.9%
10 years +68.2%+668.6%+377.2% +262.0%
10 years, per year +5.3%+22.6%+16.9% +13.7%

Risk

MeasureDSWLASXPLXSSPY
Volatility, 1Y 43.1%57.8%42.8% 12.7%
Downside volatility, 1Y 44.2%62.4%46.4% 12.6%
Beta vs S&P 500, 1Y 0.242.601.76 1.00
Return / volatility, 1Y -0.343.611.29 0.94
Max drawdown, 5Y -56.6%-43.1%-34.9% -25.4%
From 52-week high -27.1%-6.4%-28.8% -1.2%
52-week high $4.06$47.62$303.82 $779.14
52-week low $2.91$13.75$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.

MultipleDSWLASXPLXS
P/E now vs peer median 4.4xmedian 32.9x 39.8xmedian 46.4x 28.5xmedian 32.9x
P/S now vs peer median 0.8xmedian 2.9x 4.0xmedian 7.8x 1.2xmedian 2.9x
EV/EBITDA now vs peer median —median 20.0x 19.9xmedian 27.5x —median 20.0x
P/FCF now vs peer median 10.0xmedian 30.2x 6.3xmedian 40.1x 117.8xmedian 30.2x
P/B now vs peer median 0.4xmedian 2.9x 7.5xmedian 4.7x 3.7xmedian 2.9x
PEG now vs peer median —median 1.08 1.61median 2.10 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 monthsDSWLASXPLXS
Revenue – $24.92B $4.96B
Gross profit – $5.18B $502.67M
Operating income – $2.83B $263.84M
Net income – $3.27B $202.49M
Free cash flow – $15.64B –
R&D – $1.26B –
EPS (diluted) – $1.10 $7.42
Cash & equivalents $23.06M $2.78B –
Total debt – $10.90B –
Shares (diluted) 15.92M 2.21B 27.29M
Enterprise value -$148.27M $87.46B $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
MetricDSWLASXPLXS
P/E 4.4x 39.8x 28.5x
P/FCF 10.0x 6.3x 117.8x
P/Operating cash flow – 15.2x 84.6x
P/S 0.8x 4.0x 1.2x
P/B 0.4x 7.5x 3.7x
P/Tangible book 0.4x 8.8x 3.7x
EV/EBITDA – 19.9x –
EV/EBIT – 37.7x –
EV/Revenue – 4.3x 1.2x
EV/FCF – 6.8x –
EV/Operating cash flow – 16.4x 84.6x
PEG (3Y EPS CAGR) – 1.61 1.97

Growth

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

Profitability

14 metrics
MetricDSWLASXPLXS
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% 1.4%
Return on equity – 25.7% –
Return on assets – 9.0% –
Return on invested capital – 12.6% –
Return on capital employed – 9.0% –
Asset turnover – 0.7x 1.3x
Cash conversion (OCF / net income) – 2.0x 0.3x
Stock comp / revenue – – 0.9%

Financial Health

11 metrics
MetricDSWLASXPLXS
Debt / assets – 27.9% –
Debt / equity – 0.8x –
Net debt / EBITDA – 1.4x –
Debt / FCF – 0.7x –
Liabilities / assets 15.8% 66.0% 60.0%
Equity / assets 84.2% 34.0% 40.0%
Interest coverage – 10.9x –
Current ratio 5.2x 0.3x 1.4x
Quick ratio 3.1x 1.8x –
Cash ratio 2.5x 0.7x –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricDSWLASXPLXS
Dividend yield 10.1% 0.9% –
Net buyback yield – – –
Shareholder yield 10.1% 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.

ConsensusDSWLASXPLXS
Forward P/E – 35.1xFY2026 20.4xFY2027
EPS, next fiscal year – $1.27FY2026 $10.58FY2027
EPS growth, next FY – +126.8%FY2026 +39.6%FY2027
EPS growth, the year after – +37.8% +1.3%
Revenue, next fiscal year – $24.36BFY2026 $5.37BFY2027
Revenue growth, next FY – +19.6%FY2026 +8.1%FY2027
Revenue growth, the year after – +32.0% +20.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDSWLASXPLXS
Held by institutions – 6.9% 99.7%
Institutions holding – 483 448
Change in shares held, QoQ – -2.5% -0.6%
Institutions buying – 309 246
Institutions selling – 133 135
Buyers to sellers – 2.32 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.

DSWLASXPLXS
DSWL 1.00 0.17 0.09
ASX 0.17 1.00 0.60
PLXS 0.09 0.60 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DSWL, ASX and PLXS?

ASE Technology Holding (ASX) is the largest by market capitalisation: Deswell Industries (DSWL) $47.02M, ASE Technology Holding (ASX) $99.12B, Plexus (PLXS) $5.77B.

Which stock is cheaper, DSWL, ASX and PLXS?

Deswell Industries (DSWL) trades on the lowest price-to-earnings ratio (Deswell Industries (DSWL) 4.4x, ASE Technology Holding (ASX) 39.8x, Plexus (PLXS) 28.5x). On next year's consensus earnings, Plexus (PLXS) is cheapest (ASE Technology Holding (ASX) 35.1x, 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%, Plexus (PLXS) +23.1%.

Which stock has performed better?

Over the past year ASE Technology Holding (ASX) returned the most: Deswell Industries (DSWL) -14.7%, ASE Technology Holding (ASX) +208.9%, Plexus (PLXS) +55.1%. Over five years, ASE Technology Holding (ASX) compounded fastest (Deswell Industries (DSWL) -5.7%/yr, ASE Technology Holding (ASX) +44.4%/yr, Plexus (PLXS) +19.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Deswell Industries (DSWL) has the highest dividend yield: Deswell Industries (DSWL) 10.14%, ASE Technology Holding (ASX) 0.90%. Plexus (PLXS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Plexus (PLXS) has been the steadiest (Deswell Industries (DSWL) 43.1%, ASE Technology Holding (ASX) 57.8%, Plexus (PLXS) 42.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DSWL, ASX 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.