ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
516.2 EUR
-26.6 (-4.9%)
ASM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 65 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 valued quite expensively, but it does show have an excellent growth rating. These ratings could make ASM a good candidate 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.
ASM had positive earnings in each of the past 5 years.
In the past 5 years ASM always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 10.47%, ASM is doing good in the industry, outperforming 63.08% of the companies in the same industry.
ASM's Return On Equity of 14.77% is in line compared to the rest of the industry. ASM outperforms 53.85% of its industry peers.
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.
The Average Return On Invested Capital over the past 3 years for ASM is in line with the industry average of 15.14%.
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 61.54% 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 73.85% 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 61.54% 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.
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.
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
ASM has an Altman-Z score of 13.54. This indicates that ASM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ASM (13.54) is better than 84.62% 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.
ASM has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
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 | 13.54 |
ROIC/WACC1.94
WACC10.8%
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 in the lower half of the industry: ASM underperforms 64.62% 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 worse Quick ratio (1.58) than 63.08% 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.
Looking at the last year, ASM shows a quite strong growth in Revenue. The Revenue has grown by 19.12% in the last year.
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
The Earnings Per Share is expected to grow by 13.72% on average over the next years. This is quite good.
The Revenue is expected to grow by 12.58% on average over the next years. This is quite good.
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
The Price/Earnings ratio is 31.77, which means the current valuation is very expensive for ASM.
ASM's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.54, ASM is valued at the same level.
With a Price/Forward Earnings ratio of 31.89, ASM can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASM indicates a slightly more expensive valuation: ASM is more expensive than 63.08% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ASM to the average of the S&P500 Index (23.78), we can say ASM is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.77 | ||
| Fwd PE | 31.89 |
4.2 Price Multiples
ASM's Enterprise Value to EBITDA ratio is in line with the industry average.
78.46% of the companies in the same industry are more expensive than ASM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.75 | ||
| EV/EBITDA | 22.52 |
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.
ASM has a very decent profitability rating, which 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)15.07
PEG (5Y)1.4
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 2.27.
| 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 2Y6.2%
EPS Next 3Y12.94%
AMS:ASM (12/12/2025, 7:00:00 PM)
516.2
-26.6 (-4.9%)
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 Cap25.46B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target629.09 (21.87%)
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 | 31.77 | ||
| Fwd PE | 31.89 | ||
| P/S | 7.81 | ||
| P/FCF | 33.75 | ||
| P/OCF | 22.24 | ||
| P/B | 7.13 | ||
| P/tB | 10.7 | ||
| EV/EBITDA | 22.52 |
EPS(TTM)16.25
EY3.15%
EPS(NY)16.19
Fwd EY3.14%
FCF(TTM)15.29
FCFY2.96%
OCF(TTM)23.21
OCFY4.5%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.07
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 | 13.54 |
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 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 31.77 and the Price/Book (PB) ratio is 7.13.
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.