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 growing strongly while it is still valued neutral. This is a good combination! 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.
Each year in the past 5 years ASM has been profitable.
ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASM has a Return On Assets of 10.47%. This is in the better half of the industry: ASM outperforms 63.16% of its industry peers.
ASM's Return On Equity of 14.77% is in line compared to the rest of the industry. ASM outperforms 56.14% of its industry peers.
ASM has a better Return On Invested Capital (20.99%) than 84.21% of its industry peers.
ASM had an Average Return On Invested Capital over the past 3 years of 16.68%. This 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
ASM has a better Profit Margin (16.16%) than 63.16% of its industry peers.
In the last couple of years the Profit Margin of ASM has declined.
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.
ASM's Operating Margin has improved in the last couple of years.
ASM's Gross Margin of 51.27% is fine compared to the rest of the industry. ASM outperforms 63.16% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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.
ASM has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 13.08 indicates that ASM is not in any danger for bankruptcy at the moment.
ASM has a better Altman-Z score (13.08) than 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 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.
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
A Current Ratio of 2.02 indicates that ASM has no problem at all paying its short term obligations.
ASM has a Current ratio of 2.02. This is in the lower half of the industry: ASM underperforms 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
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
The Earnings Per Share is expected to grow by 13.72% on average over the next years. This is quite good.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 31.85, which means the current valuation is very expensive for ASM.
Based on the Price/Earnings ratio, ASM is valued a bit cheaper than the industry average as 64.91% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.51, ASM is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 31.75, the valuation of ASM can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASM is on the same level as its industry peers.
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
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASM is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASM indicates a rather cheap valuation: ASM is cheaper than 80.70% of the companies listed 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.
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 13.20% in the coming years.
PEG (NY)10.99
PEG (5Y)1.4
EPS Next 2Y6.59%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
ASM has a yearly dividend return of 0.59%, which is pretty low.
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 (12/31/2025, 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%.