ASML HOLDING NV (1ASML.MI) Stock Fundamental Analysis
BIT:1ASML - Euronext Milan - NL0010273215 - Common Stock - Currency: EUR
Taking everything into account, 1ASML scores 7 out of 10 in our fundamental rating. 1ASML was compared to 51 industry peers in the Semiconductors & Semiconductor Equipment industry. 1ASML scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 1ASML is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make 1ASML suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year 1ASML was profitable.
1ASML had a positive operating cash flow in the past year.
Each year in the past 5 years 1ASML has been profitable.
Each year in the past 5 years 1ASML had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 15.58%, 1ASML belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
With an excellent Return On Equity value of 40.98%, 1ASML belongs to the best of the industry, outperforming 90.20% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 25.98%, 1ASML belongs to the top of the industry, outperforming 90.20% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 1ASML is significantly above the industry average of 15.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.58% | ||
| ROE | 40.98% | ||
| ROIC | 25.98% |
ROA(3y)16.96%
ROA(5y)16.56%
ROE(3y)49.24%
ROE(5y)44.73%
ROIC(3y)27.9%
ROIC(5y)25.53%
1.3 Margins
With an excellent Profit Margin value of 26.79%, 1ASML belongs to the best of the industry, outperforming 80.39% of the companies in the same industry.
In the last couple of years the Profit Margin of 1ASML has grown nicely.
1ASML's Operating Margin of 31.92% is fine compared to the rest of the industry. 1ASML outperforms 76.47% of its industry peers.
1ASML's Operating Margin has improved in the last couple of years.
1ASML's Gross Margin of 51.28% is fine compared to the rest of the industry. 1ASML outperforms 64.71% of its industry peers.
In the last couple of years the Gross Margin of 1ASML has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.92% | ||
| PM (TTM) | 26.79% | ||
| GM | 51.28% |
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1ASML is creating value.
Compared to 1 year ago, 1ASML has about the same amount of shares outstanding.
1ASML has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 1ASML has been reduced compared to a year ago.
2.2 Solvency
1ASML has an Altman-Z score of 7.12. This indicates that 1ASML is financially healthy and has little risk of bankruptcy at the moment.
1ASML has a better Altman-Z score (7.12) than 60.78% of its industry peers.
The Debt to FCF ratio of 1ASML is 0.55, which is an excellent value as it means it would take 1ASML, only 0.55 years of fcf income to pay off all of its debts.
1ASML has a better Debt to FCF ratio (0.55) than 80.39% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that 1ASML is not too dependend on debt financing.
1ASML's Debt to Equity ratio of 0.21 is in line compared to the rest of the industry. 1ASML outperforms 52.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.55 | ||
| Altman-Z | 7.12 |
ROIC/WACC2.47
WACC10.5%
2.3 Liquidity
1ASML has a Current Ratio of 1.53. This is a normal value and indicates that 1ASML is financially healthy and should not expect problems in meeting its short term obligations.
1ASML has a worse Current ratio (1.53) than 78.43% of its industry peers.
1ASML has a Quick Ratio of 1.53. This is a bad value and indicates that 1ASML is not financially healthy enough and could expect problems in meeting its short term obligations.
1ASML has a Quick ratio of 0.99. This is in the lower half of the industry: 1ASML underperforms 76.47% of its industry peers.
The current and quick ratio evaluation for 1ASML is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.60% over the past year.
1ASML shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.62% yearly.
Looking at the last year, 1ASML shows a small growth in Revenue. The Revenue has grown by 2.56% in the last year.
Measured over the past years, 1ASML shows a quite strong growth in Revenue. The Revenue has been growing by 19.05% on average per year.
EPS 1Y (TTM)22.6%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%92.93%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%46.34%
3.2 Future
1ASML is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.80% yearly.
Based on estimates for the next years, 1ASML will show a quite strong growth in Revenue. The Revenue will grow by 11.29% on average per year.
EPS Next Y24.43%
EPS Next 2Y21.11%
EPS Next 3Y20.74%
EPS Next 5Y18.8%
Revenue Next Year15.08%
Revenue Next 2Y12.23%
Revenue Next 3Y12.65%
Revenue Next 5Y11.29%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 30.22, the valuation of 1ASML can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of 1ASML is on the same level as its industry peers.
When comparing the Price/Earnings ratio of 1ASML to the average of the S&P500 Index (27.28), we can say 1ASML is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 23.70, the valuation of 1ASML can be described as rather expensive.
1ASML's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of 1ASML to the average of the S&P500 Index (21.76), we can say 1ASML is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.22 | ||
| Fwd PE | 23.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1ASML is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1ASML indicates a somewhat cheap valuation: 1ASML is cheaper than 72.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29 | ||
| EV/EBITDA | 25.72 |
4.3 Compensation for Growth
1ASML's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1ASML has an outstanding profitability rating, which may justify a higher PE ratio.
1ASML's earnings are expected to grow with 20.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.24
PEG (5Y)1.18
EPS Next 2Y21.11%
EPS Next 3Y20.74%
5. Dividend
5.1 Amount
With a yearly dividend of 0.94%, 1ASML is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.15, 1ASML pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.94, 1ASML pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
5.2 History
The dividend of 1ASML is nicely growing with an annual growth rate of 14.61%!
Dividend Growth(5Y)14.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ASML pays out 32.40% of its income as dividend. This is a sustainable payout ratio.
1ASML's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP32.4%
EPS Next 2Y21.11%
EPS Next 3Y20.74%
BIT:1ASML (7/1/2025, 7:00:00 PM)
668.8
-11.4 (-1.68%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap263.39B
Analysts80.48
Price Target784.99 (17.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP32.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.52%
Min EPS beat(2)-0.46%
Max EPS beat(2)7.51%
EPS beat(4)3
Avg EPS beat(4)6.1%
Min EPS beat(4)-0.46%
Max EPS beat(4)10.42%
EPS beat(8)7
Avg EPS beat(8)7.03%
EPS beat(12)11
Avg EPS beat(12)7.51%
EPS beat(16)14
Avg EPS beat(16)8.25%
Revenue beat(2)2
Avg Revenue beat(2)1.27%
Min Revenue beat(2)0.08%
Max Revenue beat(2)2.45%
Revenue beat(4)3
Avg Revenue beat(4)0.11%
Min Revenue beat(4)-3.8%
Max Revenue beat(4)2.45%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.9%
PT rev (3m)-9.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.22 | ||
| Fwd PE | 23.7 | ||
| P/S | 9.32 | ||
| P/FCF | 29 | ||
| P/OCF | 23.59 | ||
| P/B | 14.26 | ||
| P/tB | 19.85 | ||
| EV/EBITDA | 25.72 |
EPS(TTM)22.13
EY3.31%
EPS(NY)28.22
Fwd EY4.22%
FCF(TTM)23.06
FCFY3.45%
OCF(TTM)28.35
OCFY4.24%
SpS71.76
BVpS46.92
TBVpS33.69
PEG (NY)1.24
PEG (5Y)1.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.58% | ||
| ROE | 40.98% | ||
| ROCE | 31.62% | ||
| ROIC | 25.98% | ||
| ROICexc | 46.94% | ||
| ROICexgc | 70.04% | ||
| OM | 31.92% | ||
| PM (TTM) | 26.79% | ||
| GM | 51.28% | ||
| FCFM | 32.14% |
ROA(3y)16.96%
ROA(5y)16.56%
ROE(3y)49.24%
ROE(5y)44.73%
ROIC(3y)27.9%
ROIC(5y)25.53%
ROICexc(3y)43.46%
ROICexc(5y)39.92%
ROICexgc(3y)81.29%
ROICexgc(5y)81.27%
ROCE(3y)33.95%
ROCE(5y)31.07%
ROICexcg growth 3Y-15.63%
ROICexcg growth 5Y18.79%
ROICexc growth 3Y0.79%
ROICexc growth 5Y25.18%
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.55 | ||
| Debt/EBITDA | 0.39 | ||
| Cap/Depr | 226.77% | ||
| Cap/Sales | 7.37% | ||
| Interest Coverage | 56.39 | ||
| Cash Conversion | 112.32% | ||
| Profit Quality | 119.96% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 7.12 |
F-Score7
WACC10.5%
ROIC/WACC2.47
Cap/Depr(3y)259.75%
Cap/Depr(5y)228.84%
Cap/Sales(3y)9.74%
Cap/Sales(5y)9.91%
Profit Quality(3y)91.57%
Profit Quality(5y)107.38%
High Growth Momentum
Growth
EPS 1Y (TTM)22.6%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%92.93%
EPS Next Y24.43%
EPS Next 2Y21.11%
EPS Next 3Y20.74%
EPS Next 5Y18.8%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%46.34%
Revenue Next Year15.08%
Revenue Next 2Y12.23%
Revenue Next 3Y12.65%
Revenue Next 5Y11.29%
EBIT growth 1Y-5.14%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year33.08%
EBIT Next 3Y21.81%
EBIT Next 5Y18.34%
FCF growth 1Y167.57%
FCF growth 3Y-3.05%
FCF growth 5Y29.82%
OCF growth 1Y70.84%
OCF growth 3Y-1.24%
OCF growth 5Y25.03%