ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
517.6 EUR
-2.4 (-0.46%)
Taking everything into account, ASM scores 7 out of 10 in our fundamental rating. ASM was compared to 57 industry peers in the Semiconductors & Semiconductor Equipment industry. ASM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ASM is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make ASM suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
ASM had positive earnings in the past year.
In the past year ASM had a positive cash flow from operations.
In the past 5 years ASM has always been profitable.
In the past 5 years ASM always reported a positive cash flow from operatings.
1.2 Ratios
ASM's Return On Assets of 10.47% is fine compared to the rest of the industry. ASM outperforms 63.16% of its industry peers.
With a Return On Equity value of 14.77%, ASM perfoms like the industry average, outperforming 56.14% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 20.99%, ASM belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
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.
In the last couple of years the Profit Margin of ASM has declined.
The Operating Margin of ASM (29.52%) is better than 73.68% of its industry peers.
ASM's Operating Margin has improved in the last couple of years.
ASM has a better Gross Margin (51.27%) 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.
The number of shares outstanding for ASM has been reduced compared to 1 year ago.
Compared to 5 years ago, ASM has more shares outstanding
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
ASM has an Altman-Z score of 13.08. This indicates that ASM is financially healthy and has little risk of bankruptcy at the moment.
ASM has a Altman-Z score of 13.08. This is amongst the best in the industry. ASM outperforms 82.46% of its industry peers.
ASM has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
ASM has a better Debt to FCF ratio (0.05) than 96.49% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that ASM is not too dependend on debt financing.
The Debt to Equity ratio of ASM (0.01) is better than 92.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.08 |
ROIC/WACC1.97
WACC10.63%
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 Quick ratio of 1.58. This is in the lower half of the industry: ASM underperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.01% over the past year.
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%.
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
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.
Based on estimates for the next years, ASM will show a quite strong growth in Revenue. The Revenue will grow by 12.58% on average per year.
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
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
ASM is valuated quite expensively with a Price/Earnings ratio of 31.85.
64.91% of the companies in the same industry are more expensive than ASM, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.51, ASM is valued a bit more expensive.
The Price/Forward Earnings ratio is 31.75, which means the current valuation is very expensive for ASM.
ASM's Price/Forward Earnings ratio is in line with the industry average.
ASM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.85 | ||
| Fwd PE | 31.75 |
4.2 Price Multiples
ASM's Enterprise Value to EBITDA ratio is in line with the industry average.
ASM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASM is cheaper than 80.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.84 | ||
| EV/EBITDA | 21.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ASM has a very decent profitability rating, which 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)10.99
PEG (5Y)1.4
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
The dividend of ASM is nicely growing with an annual growth rate of 6.39%!
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
ASM pays out 28.03% of its income as dividend. This is a sustainable payout ratio.
ASM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.03%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
AMS:ASM (12/31/2025, 7:00:00 PM)
517.6
-2.4 (-0.46%)
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 Cap25.53B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target630.36 (21.79%)
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 | 31.85 | ||
| Fwd PE | 31.75 | ||
| P/S | 7.83 | ||
| P/FCF | 33.84 | ||
| P/OCF | 22.3 | ||
| P/B | 7.15 | ||
| P/tB | 10.73 | ||
| EV/EBITDA | 21.58 |
EPS(TTM)16.25
EY3.14%
EPS(NY)16.3
Fwd EY3.15%
FCF(TTM)15.29
FCFY2.95%
OCF(TTM)23.21
OCFY4.48%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)10.99
PEG (5Y)1.4
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 | 13.08 |
F-Score6
WACC10.63%
ROIC/WACC1.97
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.
Can you provide the valuation status for ASM INTERNATIONAL NV?
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.
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 31.85 and the Price/Book (PB) ratio is 7.15.
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 28.03%.