ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
512.6 EUR
-2.8 (-0.54%)
Overall ASM gets a fundamental rating of 7 out of 10. We evaluated ASM against 61 industry peers in the Semiconductors & Semiconductor Equipment industry. ASM gets an excellent profitability rating and is at the same time showing great financial health properties. ASM is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, ASM could be worth investigating further 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.
ASM had positive earnings in each of the past 5 years.
ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ASM (10.47%) is better than 63.93% of its industry peers.
ASM's Return On Equity of 14.77% is in line compared to the rest of the industry. ASM outperforms 55.74% of its industry peers.
ASM's Return On Invested Capital of 20.99% is amongst the best of the industry. ASM outperforms 83.61% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASM is above the industry average of 14.58%.
The last Return On Invested Capital (20.99%) for ASM is above the 3 year average (16.68%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 16.16%, ASM is in the better half of the industry, outperforming 63.93% of the companies in the same industry.
In the last couple of years the Profit Margin of ASM has declined.
ASM's Operating Margin of 29.52% is fine compared to the rest of the industry. ASM outperforms 72.13% of its industry peers.
ASM's Operating Margin has improved in the last couple of years.
ASM has a Gross Margin of 51.27%. This is in the better half of the industry: ASM outperforms 65.57% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ASM is creating value.
Compared to 1 year ago, ASM has less shares outstanding
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
An Altman-Z score of 12.93 indicates that ASM is not in any danger for bankruptcy at the moment.
ASM has a Altman-Z score of 12.93. This is amongst the best in the industry. ASM outperforms 83.61% 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.
With an excellent Debt to FCF ratio value of 0.05, ASM belongs to the best of the industry, outperforming 98.36% of the companies in the same industry.
ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
ASM has a Debt to Equity ratio of 0.01. This is amongst the best in the industry. ASM outperforms 95.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.93 |
ROIC/WACC1.97
WACC10.64%
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.
ASM has a worse Current ratio (2.02) than 60.66% of its industry peers.
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 60.66% 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.
The Earnings Per Share has been growing by 22.75% on average over the past years. This is a very strong growth
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
ASM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.72% yearly.
ASM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.58% yearly.
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.
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
Based on the Price/Earnings ratio of 31.54, the valuation of ASM can be described as expensive.
Based on the Price/Earnings ratio, ASM is valued a bit cheaper than the industry average as 63.93% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ASM to the average of the S&P500 Index (26.57), we can say ASM is valued inline with the index average.
A Price/Forward Earnings ratio of 31.67 indicates a quite expensive valuation of ASM.
ASM's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ASM is more expensive than 60.66% of the companies in the same industry.
ASM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.54 | ||
| Fwd PE | 31.67 |
4.2 Price Multiples
ASM's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASM indicates a rather cheap valuation: ASM is cheaper than 80.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.52 | ||
| EV/EBITDA | 21.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASM does not grow enough to justify the current Price/Earnings ratio.
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 12.94% in the coming years.
PEG (NY)14.97
PEG (5Y)1.39
EPS Next 2Y6.2%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
ASM has a yearly dividend return of 0.58%, which is pretty low.
ASM's Dividend Yield is comparable with the industry average which is at 0.79.
With a Dividend Yield of 0.58, ASM pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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 2Y6.2%
EPS Next 3Y12.94%
AMS:ASM (12/24/2025, 7:00:00 PM)
512.6
-2.8 (-0.54%)
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 Cap25.29B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target629.09 (22.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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)10.47%
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)-4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.54 | ||
| Fwd PE | 31.67 | ||
| P/S | 7.75 | ||
| P/FCF | 33.52 | ||
| P/OCF | 22.08 | ||
| P/B | 7.09 | ||
| P/tB | 10.63 | ||
| EV/EBITDA | 21.27 |
EPS(TTM)16.25
EY3.17%
EPS(NY)16.19
Fwd EY3.16%
FCF(TTM)15.29
FCFY2.98%
OCF(TTM)23.21
OCFY4.53%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)14.97
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
WACC10.64%
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 Y2.11%
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 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 31.54 and the Price/Book (PB) ratio is 7.09.
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.