ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
621.6 EUR
+34.4 (+5.86%)
ASM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 71 industry peers in the Semiconductors & Semiconductor Equipment industry. While ASM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ASM is valued quite expensively, but it does show have an excellent growth rating. These ratings could make ASM a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year ASM was profitable.
ASM had a positive operating cash flow in the past year.
In the past 5 years ASM has always been profitable.
ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ASM (14.94%) is better than 81.54% of its industry peers.
With a decent Return On Equity value of 20.42%, ASM is doing good in the industry, outperforming 69.23% of the companies in the same industry.
ASM has a Return On Invested Capital of 20.12%. This is in the better half of the industry: ASM outperforms 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASM is above the industry average of 13.85%.
The 3 year average ROIC (16.63%) for ASM is below the current ROIC(20.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.94% | ||
| ROE | 20.42% | ||
| ROIC | 20.12% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.63%
ROIC(5y)16.46%
1.3 Margins
ASM has a Profit Margin of 23.87%. This is in the better half of the industry: ASM outperforms 67.69% of its industry peers.
ASM's Profit Margin has declined in the last couple of years.
ASM has a Operating Margin of 30.26%. This is in the better half of the industry: ASM outperforms 75.38% of its industry peers.
ASM's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 51.86%, ASM perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
ASM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.26% | ||
| PM (TTM) | 23.87% | ||
| GM | 51.86% |
OM growth 3Y-1.4%
OM growth 5Y6.33%
PM growth 3Y-6.49%
PM growth 5Y-4.38%
GM growth 3Y1.81%
GM growth 5Y3.46%
2. Health
2.1 Basic Checks
ASM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
ASM has less shares outstanding than it did 1 year ago.
ASM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
ASM has a debt to FCF ratio of 0.08. This is a very positive value and a sign of high solvency as it would only need 0.08 years to pay back of all of its debts.
The Debt to FCF ratio of ASM (0.08) is better than 96.92% of its industry peers.
ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.01, ASM belongs to the best of the industry, outperforming 93.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.08 | ||
| Altman-Z | N/A |
ROIC/WACC1.9
WACC10.57%
2.3 Liquidity
ASM has a Current Ratio of 2.16. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
ASM has a worse Current ratio (2.16) than 61.54% of its industry peers.
A Quick Ratio of 1.68 indicates that ASM should not have too much problems paying its short term obligations.
The Quick ratio of ASM (1.68) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
ASM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.01%, which is quite impressive.
Measured over the past years, ASM shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.75% on average per year.
The Revenue has grown by 19.12% in the past year. This is quite good.
Measured over the past years, ASM shows a very strong growth in Revenue. The Revenue has been growing by 21.13% on average per year.
EPS 1Y (TTM)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
3.2 Future
ASM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.39% yearly.
Based on estimates for the next years, ASM will show a quite strong growth in Revenue. The Revenue will grow by 12.26% on average per year.
EPS Next Y2.9%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
EPS Next 5Y13.39%
Revenue Next Year6.42%
Revenue Next 2Y7.43%
Revenue Next 3Y10.88%
Revenue Next 5Y12.26%
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.
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
ASM is valuated quite expensively with a Price/Earnings ratio of 38.25.
ASM's Price/Earnings ratio is in line with the industry average.
ASM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.19.
The Price/Forward Earnings ratio is 38.13, which means the current valuation is very expensive for ASM.
Based on the Price/Forward Earnings ratio, ASM is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
ASM's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.25 | ||
| Fwd PE | 38.13 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ASM.
81.54% of the companies in the same industry are more expensive than ASM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.14 | ||
| EV/EBITDA | 24.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ASM may justify a higher PE ratio.
A more expensive valuation may be justified as ASM's earnings are expected to grow with 13.20% in the coming years.
PEG (NY)13.2
PEG (5Y)1.68
EPS Next 2Y6.59%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, ASM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.79, ASM has a dividend in line with its industry peers.
With a Dividend Yield of 0.51, ASM pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
On average, the dividend of ASM grows each year by 6.39%, which is quite nice.
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
ASM pays out 18.80% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP18.8%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
AMS:ASM (1/9/2026, 7:00:00 PM)
621.6
+34.4 (+5.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners60.72%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap30.66B
Revenue(TTM)3.28B
Net Income(TTM)783.70M
Analysts78.4
Price Target630.36 (1.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP18.8%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.68%
Min EPS beat(2)-15.47%
Max EPS beat(2)14.11%
EPS beat(4)2
Avg EPS beat(4)6.41%
Min EPS beat(4)-15.47%
Max EPS beat(4)30.35%
EPS beat(8)3
Avg EPS beat(8)0.13%
EPS beat(12)4
Avg EPS beat(12)-1.22%
EPS beat(16)7
Avg EPS beat(16)1.23%
Revenue beat(2)1
Avg Revenue beat(2)-0.33%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)0.62%
Revenue beat(4)2
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)0.79%
Revenue beat(8)5
Avg Revenue beat(8)0.18%
Revenue beat(12)7
Avg Revenue beat(12)0.24%
Revenue beat(16)8
Avg Revenue beat(16)0.24%
PT rev (1m)0.2%
PT rev (3m)9.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.2%
EPS NY rev (1m)0.77%
EPS NY rev (3m)-1.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.78%
Revenue NY rev (1m)-0.73%
Revenue NY rev (3m)-3.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.25 | ||
| Fwd PE | 38.13 | ||
| P/S | 9.34 | ||
| P/FCF | 41.14 | ||
| P/OCF | 26.39 | ||
| P/B | 7.99 | ||
| P/tB | 11.7 | ||
| EV/EBITDA | 24.89 |
EPS(TTM)16.25
EY2.61%
EPS(NY)16.3
Fwd EY2.62%
FCF(TTM)15.11
FCFY2.43%
OCF(TTM)23.56
OCFY3.79%
SpS66.57
BVpS77.8
TBVpS53.13
PEG (NY)13.2
PEG (5Y)1.68
Graham Number168.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.94% | ||
| ROE | 20.42% | ||
| ROCE | 24.27% | ||
| ROIC | 20.12% | ||
| ROICexc | 20.12% | ||
| ROICexgc | 28.63% | ||
| OM | 30.26% | ||
| PM (TTM) | 23.87% | ||
| GM | 51.86% | ||
| FCFM | 22.7% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.63%
ROIC(5y)16.46%
ROICexc(3y)20.48%
ROICexc(5y)20.83%
ROICexgc(3y)32.62%
ROICexgc(5y)29.73%
ROCE(3y)20.06%
ROCE(5y)19.85%
ROICexgc growth 3Y7.29%
ROICexgc growth 5Y16.64%
ROICexc growth 3Y-2.54%
ROICexc growth 5Y9.64%
OM growth 3Y-1.4%
OM growth 5Y6.33%
PM growth 3Y-6.49%
PM growth 5Y-4.38%
GM growth 3Y1.81%
GM growth 5Y3.46%
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.08 | ||
| Debt/EBITDA | 0.05 | ||
| Cap/Depr | 173.26% | ||
| Cap/Sales | 12.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.15% | ||
| Profit Quality | 95.11% | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | N/A |
F-Score7
WACC10.57%
ROIC/WACC1.9
Cap/Depr(3y)177.39%
Cap/Depr(5y)175.83%
Cap/Sales(3y)11.05%
Cap/Sales(5y)10.89%
Profit Quality(3y)72.97%
Profit Quality(5y)59.94%
High Growth Momentum
Growth
EPS 1Y (TTM)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
EPS Next Y2.9%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
EPS Next 5Y13.39%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
Revenue Next Year6.42%
Revenue Next 2Y7.43%
Revenue Next 3Y10.88%
Revenue Next 5Y12.26%
EBIT growth 1Y40.43%
EBIT growth 3Y17.57%
EBIT growth 5Y28.8%
EBIT Next Year43.93%
EBIT Next 3Y22.06%
EBIT Next 5Y20.69%
FCF growth 1Y104.96%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y72.38%
OCF growth 3Y33.11%
OCF growth 5Y12.92%
ASM INTERNATIONAL NV / ASM.AS FAQ
Can you provide the ChartMill fundamental rating for ASM INTERNATIONAL NV?
ChartMill assigns a fundamental rating of 6 / 10 to ASM.AS.
Can you provide the valuation status for ASM INTERNATIONAL NV?
ChartMill assigns a valuation rating of 3 / 10 to ASM INTERNATIONAL NV (ASM.AS). This can be considered as Overvalued.
Can you provide the profitability details for ASM INTERNATIONAL NV?
ASM INTERNATIONAL NV (ASM.AS) has a profitability rating of 7 / 10.
What is the valuation of ASM INTERNATIONAL NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (ASM.AS) is 38.25 and the Price/Book (PB) ratio is 7.99.
Is the dividend of ASM INTERNATIONAL NV sustainable?
The dividend rating of ASM INTERNATIONAL NV (ASM.AS) is 4 / 10 and the dividend payout ratio is 18.8%.