ASML HOLDING NV (1ASML.MI) Stock Fundamental Analysis
Europe - BIT:1ASML - NL0010273215 - Common Stock
890 EUR
+15.7 (+1.8%)
1ASML gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 54 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 valued quite expensively, but it does show have an excellent growth rating. These ratings would make 1ASML suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
1ASML had positive earnings in the past year.
1ASML had a positive operating cash flow in the past year.
1ASML had positive earnings in each of the past 5 years.
In the past 5 years 1ASML always reported a positive cash flow from operatings.
1.2 Ratios
1ASML has a Return On Assets of 20.71%. This is amongst the best in the industry. 1ASML outperforms 89.83% of its industry peers.
1ASML has a Return On Equity of 47.39%. This is amongst the best in the industry. 1ASML outperforms 89.83% of its industry peers.
1ASML has a Return On Invested Capital of 32.62%. This is amongst the best in the industry. 1ASML outperforms 93.22% of its industry peers.
1ASML had an Average Return On Invested Capital over the past 3 years of 27.67%. This is significantly above the industry average of 15.08%.
The last Return On Invested Capital (32.62%) for 1ASML is above the 3 year average (27.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROIC | 32.62% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
1.3 Margins
1ASML has a Profit Margin of 31.73%. This is amongst the best in the industry. 1ASML outperforms 94.92% of its industry peers.
In the last couple of years the Profit Margin of 1ASML has grown nicely.
Looking at the Operating Margin, with a value of 37.74%, 1ASML belongs to the top of the industry, outperforming 89.83% of the companies in the same industry.
1ASML's Operating Margin has improved in the last couple of years.
The Gross Margin of 1ASML (51.93%) is better than 72.88% of its industry peers.
In the last couple of years the Gross Margin of 1ASML has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% |
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
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.
The number of shares outstanding for 1ASML remains at a similar level compared to 1 year ago.
The number of shares outstanding for 1ASML has been reduced compared to 5 years ago.
1ASML has a better debt/assets ratio than last year.
2.2 Solvency
1ASML has an Altman-Z score of 9.73. This indicates that 1ASML is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 9.73, 1ASML is doing good in the industry, outperforming 67.80% of the companies in the same industry.
1ASML has a debt to FCF ratio of 0.51. This is a very positive value and a sign of high solvency as it would only need 0.51 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.51, 1ASML belongs to the top of the industry, outperforming 86.44% of the companies in the same industry.
1ASML has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.17, 1ASML is doing good in the industry, outperforming 62.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.73 |
ROIC/WACC3.18
WACC10.27%
2.3 Liquidity
A Current Ratio of 1.41 indicates that 1ASML should not have too much problems paying its short term obligations.
1ASML has a worse Current ratio (1.41) than 83.05% of its industry peers.
A Quick Ratio of 0.79 indicates that 1ASML may have some problems paying its short term obligations.
1ASML has a Quick ratio of 0.79. This is amonst the worse of the industry: 1ASML underperforms 83.05% 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 | 1.41 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
1ASML shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.78%, which is quite impressive.
The Earnings Per Share has been growing by 25.62% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.56% in the past year.
1ASML shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.05% yearly.
EPS 1Y (TTM)37.78%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%4.36%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%1.12%
3.2 Future
The Earnings Per Share is expected to grow by 17.19% on average over the next years. This is quite good.
The Revenue is expected to grow by 10.98% on average over the next years. This is quite good.
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.19%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 36.70 indicates a quite expensive valuation of 1ASML.
Compared to the rest of the industry, the Price/Earnings ratio of 1ASML is on the same level as its industry peers.
1ASML's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.89.
With a Price/Forward Earnings ratio of 34.98, 1ASML can be considered very expensive at the moment.
1ASML's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1ASML is more expensive than 62.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, 1ASML is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.7 | ||
| Fwd PE | 34.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1ASML is valued a bit more expensive than the industry average as 61.02% 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 69.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.15 | ||
| EV/EBITDA | 25.64 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of 1ASML may justify a higher PE ratio.
1ASML's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.41
PEG (5Y)1.43
EPS Next 2Y15%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
With a yearly dividend of 0.47%, 1ASML is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.08, 1ASML has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, 1ASML's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
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
24.55% of the earnings are spent on dividend by 1ASML. This is a low number and sustainable payout ratio.
The dividend of 1ASML is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP24.55%
EPS Next 2Y15%
EPS Next 3Y17.12%
BIT:1ASML (10/24/2025, 7:00:00 PM)
890
+15.7 (+1.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners43.25%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap345.45B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts76.59
Price Target780.61 (-12.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP24.55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.54%
Min EPS beat(2)1.85%
Max EPS beat(2)11.23%
EPS beat(4)3
Avg EPS beat(4)5.03%
Min EPS beat(4)-0.46%
Max EPS beat(4)11.23%
EPS beat(8)7
Avg EPS beat(8)5.91%
EPS beat(12)11
Avg EPS beat(12)7.64%
EPS beat(16)15
Avg EPS beat(16)7.77%
Revenue beat(2)1
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-3.04%
Max Revenue beat(2)0.27%
Revenue beat(4)3
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)2.45%
Revenue beat(8)5
Avg Revenue beat(8)-0.26%
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)2.9%
PT rev (3m)2.48%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)0.33%
EPS NY rev (1m)0%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.7 | ||
| Fwd PE | 34.98 | ||
| P/S | 10.74 | ||
| P/FCF | 37.15 | ||
| P/OCF | 27.87 | ||
| P/B | 16.04 | ||
| P/tB | 29.33 | ||
| EV/EBITDA | 25.64 |
EPS(TTM)24.25
EY2.72%
EPS(NY)25.44
Fwd EY2.86%
FCF(TTM)23.96
FCFY2.69%
OCF(TTM)31.94
OCFY3.59%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.41
PEG (5Y)1.43
Graham Number173.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROCE | 39.61% | ||
| ROIC | 32.62% | ||
| ROICexc | 42.72% | ||
| ROICexgc | 73.26% | ||
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% | ||
| FCFM | 28.91% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
ROICexc(3y)41.66%
ROICexc(5y)38.87%
ROICexgc(3y)84.2%
ROICexgc(5y)83.08%
ROCE(3y)33.6%
ROCE(5y)30.86%
ROICexgc growth 3Y-12.45%
ROICexgc growth 5Y21.45%
ROICexc growth 3Y-3.42%
ROICexc growth 5Y22.02%
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 250.54% | ||
| Cap/Sales | 9.63% | ||
| Interest Coverage | 85.97 | ||
| Cash Conversion | 92.68% | ||
| Profit Quality | 91.13% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 9.73 |
F-Score8
WACC10.27%
ROIC/WACC3.18
Cap/Depr(3y)273.2%
Cap/Depr(5y)236.91%
Cap/Sales(3y)11.06%
Cap/Sales(5y)10.7%
Profit Quality(3y)88.17%
Profit Quality(5y)105.34%
High Growth Momentum
Growth
EPS 1Y (TTM)37.78%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%4.36%
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.19%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%1.12%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
EBIT Next 5Y17.17%
FCF growth 1Y58.59%
FCF growth 3Y-2.76%
FCF growth 5Y30.05%
OCF growth 1Y43.18%
OCF growth 3Y2.19%
OCF growth 5Y27.61%
ASML HOLDING NV / 1ASML.MI FAQ
What is the ChartMill fundamental rating of ASML HOLDING NV (1ASML.MI) stock?
ChartMill assigns a fundamental rating of 7 / 10 to 1ASML.MI.
What is the valuation status of ASML HOLDING NV (1ASML.MI) stock?
ChartMill assigns a valuation rating of 3 / 10 to ASML HOLDING NV (1ASML.MI). This can be considered as Overvalued.
Can you provide the profitability details for ASML HOLDING NV?
ASML HOLDING NV (1ASML.MI) has a profitability rating of 9 / 10.
What is the valuation of ASML HOLDING NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASML HOLDING NV (1ASML.MI) is 36.7 and the Price/Book (PB) ratio is 16.04.
What is the expected EPS growth for ASML HOLDING NV (1ASML.MI) stock?
The Earnings per Share (EPS) of ASML HOLDING NV (1ASML.MI) is expected to grow by 26.11% in the next year.