ASML HOLDING NV (ASME.DE) Fundamental Analysis & Valuation

FRA:ASME • NL0010273215

Current stock price

1245 EUR
+17.8 (+1.45%)
Last:

This ASME.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. ASME.DE Profitability Analysis

1.1 Basic Checks

  • ASME had positive earnings in the past year.
  • In the past year ASME had a positive cash flow from operations.
  • In the past 5 years ASME has always been profitable.
  • In the past 5 years ASME always reported a positive cash flow from operatings.
ASME.DE Yearly Net Income VS EBIT VS OCF VS FCFASME.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 26.44%, ASME belongs to the top of the industry, outperforming 89.23% of the companies in the same industry.
  • ASME has a Return On Equity of 60.75%. This is amongst the best in the industry. ASME outperforms 89.23% of its industry peers.
  • ASME has a Return On Invested Capital of 45.44%. This is amongst the best in the industry. ASME outperforms 95.38% 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 16.18%.
  • The 3 year average ROIC (28.63%) for ASME is below the current ROIC(45.44%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 26.44%
ROE 60.75%
ROIC 45.44%
ROA(3y)17.7%
ROA(5y)17.73%
ROE(3y)43.4%
ROE(5y)47.73%
ROIC(3y)28.63%
ROIC(5y)28.52%
ASME.DE Yearly ROA, ROE, ROICASME.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

1.3 Margins

  • With an excellent Profit Margin value of 30.66%, ASME belongs to the best of the industry, outperforming 83.08% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ASME has grown nicely.
  • Looking at the Operating Margin, with a value of 36.02%, ASME belongs to the top of the industry, outperforming 86.15% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ASME has grown nicely.
  • The Gross Margin of ASME (52.15%) is better than 63.08% of its industry peers.
  • In the last couple of years the Gross Margin of ASME has grown nicely.
Industry RankSector Rank
OM 36.02%
PM (TTM) 30.66%
GM 52.15%
OM growth 3Y2.19%
OM growth 5Y3.98%
PM growth 3Y1.15%
PM growth 5Y3.4%
GM growth 3Y1.44%
GM growth 5Y2.61%
ASME.DE Yearly Profit, Operating, Gross MarginsASME.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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8

2. ASME.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ASME is creating value.
  • ASME has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ASME has been reduced compared to 5 years ago.
  • ASME has a better debt/assets ratio than last year.
ASME.DE Yearly Shares OutstandingASME.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
ASME.DE Yearly Total Debt VS Total AssetsASME.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 11.66 indicates that ASME is not in any danger for bankruptcy at the moment.
  • ASME has a Altman-Z score of 11.66. This is comparable to the rest of the industry: ASME outperforms 55.38% of its industry peers.
  • ASME has a debt to FCF ratio of 0.42. This is a very positive value and a sign of high solvency as it would only need 0.42 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.42, ASME belongs to the best of the industry, outperforming 86.15% of the companies in the same industry.
  • ASME has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
  • ASME's Debt to Equity ratio of 0.12 is fine compared to the rest of the industry. ASME outperforms 66.15% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.42
Altman-Z 11.66
ROIC/WACC4.01
WACC11.33%
ASME.DE Yearly LT Debt VS Equity VS FCFASME.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.3 Liquidity

  • ASME has a Current Ratio of 1.24. This is a normal value and indicates that ASME is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of ASME (1.24) is worse than 90.77% of its industry peers.
  • ASME has a Quick Ratio of 1.24. This is a bad value and indicates that ASME is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.77, ASME is doing worse than 89.23% of the companies in the same industry.
  • 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 RankSector Rank
Current Ratio 1.24
Quick Ratio 0.77
ASME.DE Yearly Current Assets VS Current LiabilitesASME.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. ASME.DE Growth Analysis

3.1 Past

  • ASME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.90%, which is quite good.
  • The Earnings Per Share has been growing by 23.86% on average over the past years. This is a very strong growth
  • Looking at the last year, ASME shows a quite strong growth in Revenue. The Revenue has grown by 15.58% in the last year.
  • The Revenue has been growing by 18.50% on average over the past years. This is quite good.
EPS 1Y (TTM)16.9%
EPS 3Y20.41%
EPS 5Y23.86%
EPS Q2Q%19.17%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%13.25%

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 19.85% on average per year.
  • The Revenue is expected to grow by 13.07% on average over the next years. This is quite good.
EPS Next Y22.44%
EPS Next 2Y26.38%
EPS Next 3Y22.61%
EPS Next 5Y19.85%
Revenue Next Year15.71%
Revenue Next 2Y17.59%
Revenue Next 3Y14.56%
Revenue Next 5Y13.07%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ASME.DE Yearly Revenue VS EstimatesASME.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B
ASME.DE Yearly EPS VS EstimatesASME.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20 40 60 80

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4

4. ASME.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 48.13, which means the current valuation is very expensive for ASME.
  • 63.08% of the companies in the same industry are more expensive than ASME, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.42. ASME is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 31.53, ASME can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ASME is on the same level as its industry peers.
  • ASME's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.24.
Industry RankSector Rank
PE 48.13
Fwd PE 31.53
ASME.DE Price Earnings VS Forward Price EarningsASME.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ASME is valued a bit cheaper than 63.08% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASME indicates a rather cheap valuation: ASME is cheaper than 81.54% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 43.47
EV/EBITDA 25
ASME.DE Per share dataASME.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

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 excellent profitability rating of ASME may justify a higher PE ratio.
  • A more expensive valuation may be justified as ASME's earnings are expected to grow with 22.61% in the coming years.
PEG (NY)2.15
PEG (5Y)2.02
EPS Next 2Y26.38%
EPS Next 3Y22.61%

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4

5. ASME.DE Dividend Analysis

5.1 Amount

  • ASME has a yearly dividend return of 0.61%, which is pretty low.
  • ASME's Dividend Yield is a higher than the industry average which is at 0.62.
  • With a Dividend Yield of 0.61, ASME pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.61%

5.2 History

  • On average, the dividend of ASME grows each year by 20.76%, which is quite nice.
Dividend Growth(5Y)20.76%
Div Incr Years2
Div Non Decr Years2
ASME.DE Yearly Dividends per shareASME.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • ASME pays out 17.36% of its income as dividend. This is a sustainable payout ratio.
  • ASME's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.36%
EPS Next 2Y26.38%
EPS Next 3Y22.61%
ASME.DE Yearly Income VS Free CF VS DividendASME.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B
ASME.DE Dividend Payout.ASME.DE Dividend Payout, showing the Payout Ratio.ASME.DE Dividend Payout.PayoutRetained Earnings

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ASME.DE Fundamentals: All Metrics, Ratios and Statistics

ASML HOLDING NV

FRA:ASME (4/24/2026, 7:00:00 PM)

1245

+17.8 (+1.45%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)04-15
Earnings (Next)07-15
Inst Owners45.24%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap483.25B
Revenue(TTM)32.67B
Net Income(TTM)14.69B
Analysts78.57
Price Target1403.87 (12.76%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.61%
Yearly Dividend6.55
Dividend Growth(5Y)20.76%
DP17.36%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.12%
Min EPS beat(2)-4.81%
Max EPS beat(2)-1.44%
EPS beat(4)2
Avg EPS beat(4)1.71%
Min EPS beat(4)-4.81%
Max EPS beat(4)11.23%
EPS beat(8)5
Avg EPS beat(8)3.9%
EPS beat(12)9
Avg EPS beat(12)5.26%
EPS beat(16)13
Avg EPS beat(16)6.06%
Revenue beat(2)0
Avg Revenue beat(2)-3.17%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)-0.95%
Revenue beat(4)1
Avg Revenue beat(4)-2.28%
Min Revenue beat(4)-5.4%
Max Revenue beat(4)0.27%
Revenue beat(8)4
Avg Revenue beat(8)-1.08%
Revenue beat(12)7
Avg Revenue beat(12)-0.26%
Revenue beat(16)11
Avg Revenue beat(16)9.77%
PT rev (1m)0.62%
PT rev (3m)32.6%
EPS NQ rev (1m)0.99%
EPS NQ rev (3m)20.05%
EPS NY rev (1m)0.28%
EPS NY rev (3m)13.97%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)12.01%
Revenue NY rev (1m)0.97%
Revenue NY rev (3m)10.87%
Valuation
Industry RankSector Rank
PE 48.13
Fwd PE 31.53
P/S 10.08
P/FCF 43.47
P/OCF 34.95
P/B 19.98
P/tB 34.08
EV/EBITDA 25
EPS(TTM)25.87
EY2.08%
EPS(NY)39.48
Fwd EY3.17%
FCF(TTM)28.64
FCFY2.3%
OCF(TTM)35.62
OCFY2.86%
SpS123.47
BVpS62.31
TBVpS36.53
PEG (NY)2.15
PEG (5Y)2.02
Graham Number190.442 (-84.7%)
Profitability
Industry RankSector Rank
ROA 26.44%
ROE 60.75%
ROCE 55.43%
ROIC 45.44%
ROICexc 79.43%
ROICexgc 181.2%
OM 36.02%
PM (TTM) 30.66%
GM 52.15%
FCFM 23.19%
ROA(3y)17.7%
ROA(5y)17.73%
ROE(3y)43.4%
ROE(5y)47.73%
ROIC(3y)28.63%
ROIC(5y)28.52%
ROICexc(3y)45.35%
ROICexc(5y)45.13%
ROICexgc(3y)91.3%
ROICexgc(5y)98.87%
ROCE(3y)34.92%
ROCE(5y)34.79%
ROICexgc growth 3Y6.72%
ROICexgc growth 5Y22.57%
ROICexc growth 3Y8.15%
ROICexc growth 5Y18.91%
OM growth 3Y2.19%
OM growth 5Y3.98%
PM growth 3Y1.15%
PM growth 5Y3.4%
GM growth 3Y1.44%
GM growth 5Y2.61%
F-Score7
Asset Turnover0.86
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 0.42
Debt/EBITDA 0.16
Cap/Depr 189.17%
Cap/Sales 5.66%
Interest Coverage 150.75
Cash Conversion 73.97%
Profit Quality 75.66%
Current Ratio 1.24
Quick Ratio 0.77
Altman-Z 11.66
F-Score7
WACC11.33%
ROIC/WACC4.01
Cap/Depr(3y)252.06%
Cap/Depr(5y)239.45%
Cap/Sales(3y)10.35%
Cap/Sales(5y)10.04%
Profit Quality(3y)86.81%
Profit Quality(5y)107.17%
High Growth Momentum
Growth
EPS 1Y (TTM)16.9%
EPS 3Y20.41%
EPS 5Y23.86%
EPS Q2Q%19.17%
EPS Next Y22.44%
EPS Next 2Y26.38%
EPS Next 3Y22.61%
EPS Next 5Y19.85%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%13.25%
Revenue Next Year15.71%
Revenue Next 2Y17.59%
Revenue Next 3Y14.56%
Revenue Next 5Y13.07%
EBIT growth 1Y25.35%
EBIT growth 3Y18.08%
EBIT growth 5Y23.22%
EBIT Next Year28.84%
EBIT Next 3Y23.37%
EBIT Next 5Y19.34%
FCF growth 1Y21.3%
FCF growth 3Y15.46%
FCF growth 5Y24.71%
OCF growth 1Y11.78%
OCF growth 3Y13.59%
OCF growth 5Y21.11%

ASML HOLDING NV / ASME.DE Fundamental Analysis 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 4 / 10 to ASML HOLDING NV (ASME.DE). This can be considered as Fairly Valued.


What is the profitability of ASME stock?

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 48.13 and the Price/Book (PB) ratio is 19.98.


What is the financial health of ASML HOLDING NV (ASME.DE) stock?

The financial health rating of ASML HOLDING NV (ASME.DE) is 8 / 10.