ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ASME - NL0010273215 - Common Stock
986.5 EUR
+65 (+7.05%)
ASME gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 57 industry peers in the Semiconductors & Semiconductor Equipment industry. ASME has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ASME shows excellent growth, but is valued quite expensive already. This makes ASME very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ASME was profitable.
ASME had a positive operating cash flow in the past year.
In the past 5 years ASME has always been profitable.
In the past 5 years ASME always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.71%, ASME belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
The Return On Equity of ASME (47.39%) is better than 89.47% of its industry peers.
With an excellent Return On Invested Capital value of 32.62%, ASME belongs to the best of the industry, outperforming 91.23% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASME is significantly above the industry average of 14.06%.
The 3 year average ROIC (27.67%) for ASME is below the current ROIC(32.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROIC | 32.62% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
1.3 Margins
ASME's Profit Margin of 31.73% is amongst the best of the industry. ASME outperforms 85.96% of its industry peers.
In the last couple of years the Profit Margin of ASME has grown nicely.
ASME's Operating Margin of 37.74% is amongst the best of the industry. ASME outperforms 85.96% of its industry peers.
In the last couple of years the Operating Margin of ASME has grown nicely.
ASME's Gross Margin of 51.93% is fine compared to the rest of the industry. ASME outperforms 64.91% of its industry peers.
ASME's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% |
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
2. Health
2.1 Basic Checks
ASME has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ASME has about the same amount of shares outstanding.
The number of shares outstanding for ASME has been reduced compared to 5 years ago.
Compared to 1 year ago, ASME has an improved debt to assets ratio.
2.2 Solvency
ASME has an Altman-Z score of 10.00. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
ASME has a Altman-Z score of 10.00. This is in the better half of the industry: ASME outperforms 73.68% of its industry peers.
ASME has a debt to FCF ratio of 0.51. This is a very positive value and a sign of high solvency as it would only need 0.51 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.51, ASME belongs to the best of the industry, outperforming 82.46% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that ASME is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.17, ASME is in line with its industry, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 10 |
ROIC/WACC3.07
WACC10.61%
2.3 Liquidity
A Current Ratio of 1.41 indicates that ASME should not have too much problems paying its short term obligations.
With a Current ratio value of 1.41, ASME is not doing good in the industry: 91.23% of the companies in the same industry are doing better.
ASME has a Quick Ratio of 1.41. This is a bad value and indicates that ASME is not financially healthy enough and could expect problems in meeting its short term obligations.
ASME has a Quick ratio of 0.79. This is amonst the worse of the industry: ASME underperforms 89.47% of its industry peers.
ASME does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 37.61% over the past year.
The Earnings Per Share has been growing by 25.62% on average over the past years. This is a very strong growth
ASME shows a small growth in Revenue. In the last year, the Revenue has grown by 2.56%.
Measured over the past years, ASME shows a quite strong growth in Revenue. The Revenue has been growing by 19.05% on average per year.
EPS 1Y (TTM)37.61%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%3.79%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%0.65%
3.2 Future
Based on estimates for the next years, ASME will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.67% on average per year.
Based on estimates for the next years, ASME will show a quite strong growth in Revenue. The Revenue will grow by 11.58% on average per year.
EPS Next Y31.25%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
EPS Next 5Y18.67%
Revenue Next Year16.7%
Revenue Next 2Y10.56%
Revenue Next 3Y12.02%
Revenue Next 5Y11.58%
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 40.73, ASME can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as ASME.
ASME is valuated expensively when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 37.15, ASME can be considered very expensive at the moment.
73.68% of the companies in the same industry are cheaper than ASME, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ASME to the average of the S&P500 Index (23.23), we can say ASME is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.73 | ||
| Fwd PE | 37.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASME is valued a bit more expensive than the industry average as 61.40% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, ASME is valued a bit cheaper than the industry average as 71.93% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.17 | ||
| EV/EBITDA | 26.55 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ASME has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ASME's earnings are expected to grow with 19.72% in the coming years.
PEG (NY)1.3
PEG (5Y)1.59
EPS Next 2Y17.48%
EPS Next 3Y19.72%
5. Dividend
5.1 Amount
With a yearly dividend of 0.73%, ASME is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.81, ASME has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, ASME's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
On average, the dividend of ASME grows each year by 14.61%, which is quite nice.
Dividend Growth(5Y)14.61%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
24.55% of the earnings are spent on dividend by ASME. This is a low number and sustainable payout ratio.
The dividend of ASME is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.55%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
FRA:ASME (1/2/2026, 7:00:00 PM)
986.5
+65 (+7.05%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners44.21%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap382.91B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts77.56
Price Target995.95 (0.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP24.55%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.54%
Min EPS beat(2)1.85%
Max EPS beat(2)11.23%
EPS beat(4)3
Avg EPS beat(4)5.03%
Min EPS beat(4)-0.46%
Max EPS beat(4)11.23%
EPS beat(8)7
Avg EPS beat(8)5.91%
EPS beat(12)11
Avg EPS beat(12)7.64%
EPS beat(16)15
Avg EPS beat(16)7.77%
Revenue beat(2)1
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-3.04%
Max Revenue beat(2)0.27%
Revenue beat(4)3
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)2.45%
Revenue beat(8)5
Avg Revenue beat(8)-0.26%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.15%
PT rev (3m)31.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.17%
EPS NY rev (1m)0.92%
EPS NY rev (3m)4.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.73 | ||
| Fwd PE | 37.15 | ||
| P/S | 11.91 | ||
| P/FCF | 41.17 | ||
| P/OCF | 30.89 | ||
| P/B | 17.78 | ||
| P/tB | 32.51 | ||
| EV/EBITDA | 26.55 |
EPS(TTM)24.22
EY2.46%
EPS(NY)26.56
Fwd EY2.69%
FCF(TTM)23.96
FCFY2.43%
OCF(TTM)31.94
OCFY3.24%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.3
PEG (5Y)1.59
Graham Number173.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROCE | 39.61% | ||
| ROIC | 32.62% | ||
| ROICexc | 42.72% | ||
| ROICexgc | 73.26% | ||
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% | ||
| FCFM | 28.91% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
ROICexc(3y)41.66%
ROICexc(5y)38.87%
ROICexgc(3y)84.2%
ROICexgc(5y)83.08%
ROCE(3y)33.6%
ROCE(5y)30.86%
ROICexgc growth 3Y-12.45%
ROICexgc growth 5Y21.45%
ROICexc growth 3Y-3.42%
ROICexc growth 5Y22.02%
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 250.54% | ||
| Cap/Sales | 9.63% | ||
| Interest Coverage | 85.97 | ||
| Cash Conversion | 92.68% | ||
| Profit Quality | 91.13% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 10 |
F-Score8
WACC10.61%
ROIC/WACC3.07
Cap/Depr(3y)273.2%
Cap/Depr(5y)236.91%
Cap/Sales(3y)11.06%
Cap/Sales(5y)10.7%
Profit Quality(3y)88.17%
Profit Quality(5y)105.34%
High Growth Momentum
Growth
EPS 1Y (TTM)37.61%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%3.79%
EPS Next Y31.25%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
EPS Next 5Y18.67%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%0.65%
Revenue Next Year16.7%
Revenue Next 2Y10.56%
Revenue Next 3Y12.02%
Revenue Next 5Y11.58%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year39.88%
EBIT Next 3Y21.29%
EBIT Next 5Y17.86%
FCF growth 1Y58.59%
FCF growth 3Y-2.76%
FCF growth 5Y30.05%
OCF growth 1Y43.18%
OCF growth 3Y2.19%
OCF growth 5Y27.61%
ASML HOLDING NV / ASME.DE FAQ
What is the fundamental rating for ASME stock?
ChartMill assigns a fundamental rating of 7 / 10 to ASME.DE.
Can you provide the valuation status for ASML HOLDING NV?
ChartMill assigns a valuation rating of 3 / 10 to ASML HOLDING NV (ASME.DE). This can be considered as Overvalued.
Can you provide the profitability details for ASML HOLDING NV?
ASML HOLDING NV (ASME.DE) has a profitability rating of 9 / 10.
What is the valuation of ASML HOLDING NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASML HOLDING NV (ASME.DE) is 40.73 and the Price/Book (PB) ratio is 17.78.
Is the dividend of ASML HOLDING NV sustainable?
The dividend rating of ASML HOLDING NV (ASME.DE) is 4 / 10 and the dividend payout ratio is 24.55%.