ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
561.2 EUR
+7.4 (+1.34%)
Overall ASM gets a fundamental rating of 6 out of 10. We evaluated ASM against 65 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 shows excellent growth, but is valued quite expensive already. This makes ASM very considerable for growth and quality 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.
Each year in the past 5 years ASM has been profitable.
In the past 5 years ASM always reported a positive cash flow from operatings.
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 63.08% of the companies in the same industry.
The Return On Equity of ASM (14.77%) is comparable to the rest of the industry.
ASM's Return On Invested Capital of 20.99% is fine compared to the rest of the industry. ASM outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASM is in line with the industry average of 15.14%.
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
ASM has a Profit Margin of 16.16%. This is in the better half of the industry: ASM outperforms 61.54% of its industry peers.
ASM's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 29.52%, ASM is doing good in the industry, outperforming 73.85% of the companies in the same industry.
In the last couple of years the Operating Margin of ASM has grown nicely.
ASM has a Gross Margin of 51.27%. This is in the better half of the industry: ASM outperforms 61.54% of its industry peers.
ASM's Gross Margin has improved in the last couple of years.
| 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.
ASM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ASM has been increased compared to 5 years ago.
ASM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 13.76 indicates that ASM is not in any danger for bankruptcy at the moment.
The Altman-Z score of ASM (13.76) is better than 87.69% of its industry peers.
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's Debt to FCF ratio of 0.05 is amongst the best of the industry. ASM outperforms 95.38% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that ASM is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.01, ASM belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.76 |
ROIC/WACC1.94
WACC10.8%
2.3 Liquidity
A Current Ratio of 2.02 indicates that ASM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.02, ASM is doing worse than 64.62% of the companies in the same industry.
ASM has a Quick Ratio of 1.58. This is a normal value and indicates that ASM is financially healthy and should not expect problems in meeting its short term obligations.
ASM has a Quick ratio of 1.58. This is in the lower half of the industry: ASM underperforms 63.08% 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.
The Revenue has grown by 19.12% in the past year. This is quite good.
ASM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.13% yearly.
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 Y2.11%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
EPS Next 5Y13.72%
Revenue Next Year7.2%
Revenue Next 2Y7.56%
Revenue Next 3Y10.81%
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
With a Price/Earnings ratio of 34.54, ASM can be considered very expensive at the moment.
ASM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.28, ASM is valued a bit more expensive.
The Price/Forward Earnings ratio is 34.67, 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 64.62% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASM to the average of the S&P500 Index (23.52), we can say ASM is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 34.67 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ASM.
Based on the Price/Free Cash Flow ratio, ASM is valued a bit cheaper than 78.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.7 | ||
| EV/EBITDA | 22.98 |
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 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)16.39
PEG (5Y)1.52
EPS Next 2Y6.2%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, ASM is not a good candidate for dividend investing.
ASM's Dividend Yield is comparable with the industry average which is at 1.18.
With a Dividend Yield of 0.59, ASM pays less dividend than the S&P500 average, which is at 2.31.
| 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
28.03% of the earnings are spent on dividend by ASM. This is a low number and sustainable payout ratio.
ASM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.03%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
AMS:ASM (12/10/2025, 11:06:11 AM)
561.2
+7.4 (+1.34%)
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 Cap27.68B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target629.09 (12.1%)
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)5.19%
PT rev (3m)9.73%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)0.2%
EPS NY rev (3m)-3.82%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-0.85%
Revenue NY rev (3m)-4.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 34.67 | ||
| P/S | 8.49 | ||
| P/FCF | 36.7 | ||
| P/OCF | 24.18 | ||
| P/B | 7.76 | ||
| P/tB | 11.64 | ||
| EV/EBITDA | 22.98 |
EPS(TTM)16.25
EY2.9%
EPS(NY)16.19
Fwd EY2.88%
FCF(TTM)15.29
FCFY2.73%
OCF(TTM)23.21
OCFY4.14%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)16.39
PEG (5Y)1.52
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 | 13.76 |
F-Score6
WACC10.8%
ROIC/WACC1.94
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 Y2.11%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
EPS Next 5Y13.72%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
Revenue Next Year7.2%
Revenue Next 2Y7.56%
Revenue Next 3Y10.81%
Revenue Next 5Y12.58%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year44.18%
EBIT Next 3Y22.01%
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 6 / 10 to ASM.AS.
What is the valuation status of ASM INTERNATIONAL NV (ASM.AS) stock?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the PE and PB ratios for ASM stock?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (ASM.AS) is 34.54 and the Price/Book (PB) ratio is 7.76.
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.