ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - AMS:ASM - NL0000334118 - Common Stock
526.8 EUR
-17 (-3.13%)
Taking everything into account, ASM scores 7 out of 10 in our fundamental rating. ASM was compared to 58 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 valued quite expensive, but it does show an excellent growth. This makes ASM very considerable 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.
Each year in the past 5 years ASM had a positive operating cash flow.
1.2 Ratios
ASM has a Return On Assets of 10.47%. This is in the better half of the industry: ASM outperforms 63.79% of its industry peers.
ASM's Return On Equity of 14.77% is in line compared to the rest of the industry. ASM outperforms 58.62% of its industry peers.
ASM's Return On Invested Capital of 20.99% is amongst the best of the industry. ASM outperforms 86.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASM is above the industry average of 14.08%.
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
ASM has a better Profit Margin (16.16%) than 63.79% of its industry peers.
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 74.14% of its industry peers.
In the last couple of years the Operating Margin of ASM has grown nicely.
Looking at the Gross Margin, with a value of 51.27%, ASM is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
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.
ASM has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASM has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 13.56 indicates that ASM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 13.56, ASM belongs to the top of the industry, outperforming 89.66% 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 better Debt to FCF ratio (0.05) than 96.55% 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 94.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.56 |
ROIC/WACC2.08
WACC10.09%
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 Current ratio of 2.02. This is comparable to the rest of the industry: ASM outperforms 43.10% 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 comparable to the rest of the industry: ASM outperforms 41.38% 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 39.19% 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%.
The Revenue has been growing by 21.13% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)39.19%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%55.03%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.98%
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.
ASM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.59% yearly.
EPS Next Y4.16%
EPS Next 2Y9.87%
EPS Next 3Y13.26%
EPS Next 5Y13.39%
Revenue Next Year9.88%
Revenue Next 2Y8.55%
Revenue Next 3Y10.91%
Revenue Next 5Y12.59%
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 32.38, the valuation of ASM can be described as expensive.
ASM's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.83, ASM is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 30.41, the valuation of ASM can be described as expensive.
ASM's Price/Forward Earnings ratio is in line with the industry average.
ASM's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.38 | ||
| Fwd PE | 30.41 |
4.2 Price Multiples
60.34% of the companies in the same industry are cheaper than ASM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ASM is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.45 | ||
| EV/EBITDA | 22.57 |
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 13.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.79
PEG (5Y)1.42
EPS Next 2Y9.87%
EPS Next 3Y13.26%
5. Dividend
5.1 Amount
ASM has a yearly dividend return of 0.55%, which is pretty low.
ASM's Dividend Yield is a higher than the industry average which is at 1.10.
With a Dividend Yield of 0.55, ASM pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
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 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 2Y9.87%
EPS Next 3Y13.26%
AMS:ASM (11/7/2025, 7:00:00 PM)
526.8
-17 (-3.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners59.64%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap25.99B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts80
Price Target598.03 (13.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
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)5.02%
PT rev (3m)-3.76%
EPS NQ rev (1m)-4.21%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.07%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.38 | ||
| Fwd PE | 30.41 | ||
| P/S | 7.97 | ||
| P/FCF | 34.45 | ||
| P/OCF | 22.7 | ||
| P/B | 7.28 | ||
| P/tB | 10.92 | ||
| EV/EBITDA | 22.57 |
EPS(TTM)16.27
EY3.09%
EPS(NY)17.32
Fwd EY3.29%
FCF(TTM)15.29
FCFY2.9%
OCF(TTM)23.21
OCFY4.41%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)7.79
PEG (5Y)1.42
Graham Number162.74
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 | 13.56 |
F-Score6
WACC10.09%
ROIC/WACC2.08
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)39.19%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%55.03%
EPS Next Y4.16%
EPS Next 2Y9.87%
EPS Next 3Y13.26%
EPS Next 5Y13.39%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.98%
Revenue Next Year9.88%
Revenue Next 2Y8.55%
Revenue Next 3Y10.91%
Revenue Next 5Y12.59%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year48.08%
EBIT Next 3Y22.95%
EBIT Next 5Y20.55%
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 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.
Can you provide the PE and PB ratios for ASM stock?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (ASM.AS) is 32.38 and the Price/Book (PB) ratio is 7.28.
What is the financial health of ASM INTERNATIONAL NV (ASM.AS) stock?
The financial health rating of ASM INTERNATIONAL NV (ASM.AS) is 8 / 10.