ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - FRA:ASME - NL0010273215 - Common Stock
736.8 EUR
+3.2 (+0.44%)
Overall ASME gets a fundamental rating of 7 out of 10. We evaluated ASME against 56 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 is valued quite expensive, but it does show an excellent growth. These ratings would make ASME suitable 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
The Return On Assets of ASME (19.14%) is better than 85.71% of its industry peers.
ASME has a better Return On Equity (43.78%) than 92.86% of its industry peers.
ASME has a better Return On Invested Capital (30.33%) than 92.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASME is significantly above the industry average of 14.85%.
The 3 year average ROIC (27.63%) for ASME is below the current ROIC(30.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 43.78% | ||
| ROIC | 30.33% |
ROA(3y)16.75%
ROA(5y)16.43%
ROE(3y)48.67%
ROE(5y)44.39%
ROIC(3y)27.63%
ROIC(5y)25.44%
1.3 Margins
With an excellent Profit Margin value of 29.31%, ASME belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
ASME's Profit Margin has improved in the last couple of years.
ASME has a Operating Margin of 34.90%. This is amongst the best in the industry. ASME outperforms 89.29% of its industry peers.
In the last couple of years the Operating Margin of ASME has grown nicely.
ASME's Gross Margin of 52.58% is fine compared to the rest of the industry. ASME outperforms 69.64% of its industry peers.
In the last couple of years the Gross Margin of ASME has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.9% | ||
| PM (TTM) | 29.31% | ||
| GM | 52.58% |
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ASME is creating value.
Compared to 1 year ago, ASME has about the same amount of shares outstanding.
ASME has less shares outstanding than it did 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 8.48. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ASME (8.48) is better than 66.07% of its industry peers.
The Debt to FCF ratio of ASME is 0.51, which is an excellent value as it means it would take ASME, only 0.51 years of fcf income to pay off all of its debts.
ASME has a better Debt to FCF ratio (0.51) than 85.71% of its industry peers.
ASME has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ASME (0.17) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 8.48 |
ROIC/WACC3.02
WACC10.05%
2.3 Liquidity
ASME has a Current Ratio of 1.41. This is a normal value and indicates that ASME is financially healthy and should not expect problems in meeting its short term obligations.
ASME has a Current ratio of 1.41. This is amonst the worse of the industry: ASME underperforms 82.14% of its industry peers.
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.
The Quick ratio of ASME (0.79) is worse than 83.93% of its industry peers.
The current and quick ratio evaluation for ASME is rather negative, while it does have 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 40.22% over the past year.
Measured over the past years, ASME shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.62% on average per year.
ASME shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.41%.
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)40.22%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%47.13%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%23.21%
3.2 Future
The Earnings Per Share is expected to grow by 17.24% on average over the next years. This is quite good.
Based on estimates for the next years, ASME will show a quite strong growth in Revenue. The Revenue will grow by 11.02% on average per year.
EPS Next Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
EPS Next 5Y17.24%
Revenue Next Year15.84%
Revenue Next 2Y9.3%
Revenue Next 3Y10.51%
Revenue Next 5Y11.02%
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.
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 30.67, ASME can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of ASME is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.20, ASME is valued at the same level.
Based on the Price/Forward Earnings ratio of 28.67, the valuation of ASME can be described as expensive.
ASME's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ASME is more expensive than 60.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, ASME is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.67 | ||
| Fwd PE | 28.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASME is valued a bit more expensive than 66.07% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ASME is valued a bit cheaper than the industry average as 69.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.48 | ||
| EV/EBITDA | 23.62 |
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.
ASME's earnings are expected to grow with 17.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.18
PEG (5Y)1.2
EPS Next 2Y15.57%
EPS Next 3Y17.44%
5. Dividend
5.1 Amount
With a yearly dividend of 0.94%, ASME is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.29, ASME pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, ASME's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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
ASME pays out 26.57% of its income as dividend. This is a sustainable payout ratio.
ASME's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP26.57%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
FRA:ASME (9/17/2025, 7:00:00 PM)
736.8
+3.2 (+0.44%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap290.17B
Analysts75.61
Price Target759.18 (3.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP26.57%
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)-0.49%
PT rev (3m)-4.61%
EPS NQ rev (1m)-0.29%
EPS NQ rev (3m)-8.37%
EPS NY rev (1m)1.18%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-5.93%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.67 | ||
| Fwd PE | 28.67 | ||
| P/S | 9.02 | ||
| P/FCF | 31.48 | ||
| P/OCF | 25.92 | ||
| P/B | 13.48 | ||
| P/tB | 24.64 | ||
| EV/EBITDA | 23.62 |
EPS(TTM)24.02
EY3.26%
EPS(NY)25.7
Fwd EY3.49%
FCF(TTM)23.41
FCFY3.18%
OCF(TTM)28.42
OCFY3.86%
SpS81.67
BVpS54.67
TBVpS29.91
PEG (NY)1.18
PEG (5Y)1.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 43.78% | ||
| ROCE | 36.63% | ||
| ROIC | 30.33% | ||
| ROICexc | 39.72% | ||
| ROICexgc | 68.12% | ||
| OM | 34.9% | ||
| PM (TTM) | 29.31% | ||
| GM | 52.58% | ||
| FCFM | 28.66% |
ROA(3y)16.75%
ROA(5y)16.43%
ROE(3y)48.67%
ROE(5y)44.39%
ROIC(3y)27.63%
ROIC(5y)25.44%
ROICexc(3y)43.14%
ROICexc(5y)39.83%
ROICexgc(3y)80.76%
ROICexgc(5y)81.19%
ROCE(3y)33.37%
ROCE(5y)30.72%
ROICexcg growth 3Y-15.63%
ROICexcg growth 5Y18.79%
ROICexc growth 3Y0.79%
ROICexc growth 5Y25.18%
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 206.83% | ||
| Cap/Sales | 6.14% | ||
| Interest Coverage | 79.5 | ||
| Cash Conversion | 91.9% | ||
| Profit Quality | 97.79% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 8.48 |
F-Score8
WACC10.05%
ROIC/WACC3.02
Cap/Depr(3y)258.74%
Cap/Depr(5y)228.24%
Cap/Sales(3y)8.6%
Cap/Sales(5y)9.22%
Profit Quality(3y)91.44%
Profit Quality(5y)107.3%
High Growth Momentum
Growth
EPS 1Y (TTM)40.22%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%47.13%
EPS Next Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
EPS Next 5Y17.24%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%23.21%
Revenue Next Year15.84%
Revenue Next 2Y9.3%
Revenue Next 3Y10.51%
Revenue Next 5Y11.02%
EBIT growth 1Y37.16%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year33.08%
EBIT Next 3Y21.81%
EBIT Next 5Y17.22%
FCF growth 1Y57.21%
FCF growth 3Y-3.05%
FCF growth 5Y29.82%
OCF growth 1Y29.28%
OCF growth 3Y-1.24%
OCF growth 5Y25.03%