ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
513.5 EUR
+0.9 (+0.18%)
ASM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 57 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making ASM a very profitable company, without any liquidiy or solvency issues. ASM is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make ASM suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ASM was profitable.
In the past year ASM had a positive cash flow from operations.
Each year in the past 5 years ASM has been profitable.
Each year in the past 5 years ASM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.47%, ASM is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
ASM has a Return On Equity (14.77%) which is comparable to the rest of the industry.
ASM has a Return On Invested Capital of 20.99%. This is amongst the best in the industry. ASM outperforms 84.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASM is above the industry average of 14.06%.
The 3 year average ROIC (16.68%) for ASM is below the current ROIC(20.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROIC | 20.99% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.68%
ROIC(5y)16.49%
1.3 Margins
With a decent Profit Margin value of 16.16%, ASM is doing good in the industry, outperforming 63.16% of the companies in the same industry.
ASM's Profit Margin has declined in the last couple of years.
ASM has a Operating Margin of 29.52%. This is in the better half of the industry: ASM outperforms 73.68% of its industry peers.
In the last couple of years the Operating Margin of ASM has grown nicely.
The Gross Margin of ASM (51.27%) is better than 63.16% of its industry peers.
In the last couple of years the Gross Margin of ASM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.52% | ||
| PM (TTM) | 16.16% | ||
| GM | 51.27% |
OM growth 3Y-1.1%
OM growth 5Y6.53%
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.
Compared to 1 year ago, ASM has less shares outstanding
The number of shares outstanding for ASM has been increased compared to 5 years ago.
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 12.93 indicates that ASM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 12.93, ASM belongs to the top of the industry, outperforming 82.46% of the companies in the same industry.
The Debt to FCF ratio of ASM is 0.05, which is an excellent value as it means it would take ASM, only 0.05 years of fcf income to pay off all of its debts.
ASM has a Debt to FCF ratio of 0.05. This is amongst the best in the industry. ASM outperforms 96.49% 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.
Looking at the Debt to Equity ratio, with a value of 0.01, ASM belongs to the top of the industry, outperforming 92.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.93 |
ROIC/WACC1.98
WACC10.62%
2.3 Liquidity
ASM has a Current Ratio of 2.02. This indicates that ASM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ASM (2.02) is worse than 63.16% of its industry peers.
A Quick Ratio of 1.58 indicates that ASM should not have too much problems paying its short term obligations.
ASM has a worse Quick ratio (1.58) than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 |
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.
ASM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.75% yearly.
ASM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.12%.
The Revenue has been growing by 21.13% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, ASM will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.72% on average per year.
The Revenue is expected to grow by 12.58% on average over the next years. This is quite good.
EPS Next Y2.9%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
EPS Next 5Y13.72%
Revenue Next Year6.42%
Revenue Next 2Y7.43%
Revenue Next 3Y10.88%
Revenue Next 5Y12.58%
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.
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
A Price/Earnings ratio of 31.60 indicates a quite expensive valuation of ASM.
Based on the Price/Earnings ratio, ASM is valued a bit cheaper than 64.91% of the companies in the same industry.
ASM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 31.50, ASM can be considered very expensive at the moment.
ASM's Price/Forward Earnings is on the same level as the industry average.
ASM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.6 | ||
| Fwd PE | 31.5 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASM is on the same level as its industry peers.
80.70% 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 | 33.58 | ||
| EV/EBITDA | 21.27 |
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.
ASM's earnings are expected to grow with 13.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)10.91
PEG (5Y)1.39
EPS Next 2Y6.59%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, ASM is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.81, ASM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, ASM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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
28.03% of the earnings are spent on dividend by ASM. This is a low number and sustainable payout ratio.
The dividend of ASM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.03%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
AMS:ASM (12/29/2025, 12:44:28 PM)
513.5
+0.9 (+0.18%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners62.69%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap25.33B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target630.36 (22.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP28.03%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.41%
Min EPS beat(2)-15.47%
Max EPS beat(2)-3.34%
EPS beat(4)1
Avg EPS beat(4)-3.11%
Min EPS beat(4)-23.98%
Max EPS beat(4)30.35%
EPS beat(8)3
Avg EPS beat(8)-0.61%
EPS beat(12)4
Avg EPS beat(12)-0.99%
EPS beat(16)7
Avg EPS beat(16)1.84%
Revenue beat(2)0
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.67%
Revenue beat(4)2
Avg Revenue beat(4)-0.16%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)0.79%
Revenue beat(8)5
Avg Revenue beat(8)0.4%
Revenue beat(12)7
Avg Revenue beat(12)0.48%
Revenue beat(16)8
Avg Revenue beat(16)0.37%
PT rev (1m)0.27%
PT rev (3m)10.69%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)0.98%
EPS NY rev (3m)-1.21%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-1.57%
Revenue NY rev (3m)-5.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.6 | ||
| Fwd PE | 31.5 | ||
| P/S | 7.76 | ||
| P/FCF | 33.58 | ||
| P/OCF | 22.12 | ||
| P/B | 7.1 | ||
| P/tB | 10.65 | ||
| EV/EBITDA | 21.27 |
EPS(TTM)16.25
EY3.16%
EPS(NY)16.3
Fwd EY3.17%
FCF(TTM)15.29
FCFY2.98%
OCF(TTM)23.21
OCFY4.52%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)10.91
PEG (5Y)1.39
Graham Number162.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROCE | 25.32% | ||
| ROIC | 20.99% | ||
| ROICexc | 20.99% | ||
| ROICexgc | 30.55% | ||
| OM | 29.52% | ||
| PM (TTM) | 16.16% | ||
| GM | 51.27% | ||
| FCFM | 23.12% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.68%
ROIC(5y)16.49%
ROICexc(3y)20.55%
ROICexc(5y)20.87%
ROICexgc(3y)32.73%
ROICexgc(5y)29.8%
ROCE(3y)20.12%
ROCE(5y)19.89%
ROICexgc growth 3Y7.62%
ROICexgc growth 5Y16.85%
ROICexc growth 3Y-2.24%
ROICexc growth 5Y9.84%
OM growth 3Y-1.1%
OM growth 5Y6.53%
PM growth 3Y-6.49%
PM growth 5Y-4.38%
GM growth 3Y1.81%
GM growth 5Y3.46%
F-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 171.78% | ||
| Cap/Sales | 11.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.19% | ||
| Profit Quality | 143.08% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 12.93 |
F-Score6
WACC10.62%
ROIC/WACC1.98
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 5Y13.72%
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 5Y12.58%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year43.93%
EBIT Next 3Y22.06%
EBIT Next 5Y21.04%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.36%
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 7 / 10 to ASM.AS.
What is the valuation status of ASM INTERNATIONAL NV (ASM.AS) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASM INTERNATIONAL NV (ASM.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for ASM INTERNATIONAL NV?
ASM INTERNATIONAL NV (ASM.AS) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for ASM stock?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (ASM.AS) is 31.6 and the Price/Book (PB) ratio is 7.1.
What is the financial health of ASM INTERNATIONAL NV (ASM.AS) stock?
The financial health rating of ASM INTERNATIONAL NV (ASM.AS) is 7 / 10.