ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - FRA:ASME - NL0010273215 - Common Stock
893 EUR
+5.2 (+0.59%)
We assign a fundamental rating of 7 out of 10 to ASME. ASME was compared to 54 industry peers in the Semiconductors & Semiconductor Equipment industry. ASME scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ASME is valued quite expensively, but it does show have an excellent growth rating. With these ratings, ASME could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year ASME was profitable.
In the past year ASME had a positive cash flow from operations.
In the past 5 years ASME has always been profitable.
Each year in the past 5 years ASME had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.71%, ASME belongs to the top of the industry, outperforming 88.14% of the companies in the same industry.
The Return On Equity of ASME (47.39%) is better than 88.14% of its industry peers.
ASME has a better Return On Invested Capital (32.62%) than 91.53% 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 15.08%.
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 93.22% of its industry peers.
ASME's Profit Margin has improved in the last couple of years.
ASME has a Operating Margin of 37.74%. This is amongst the best in the industry. ASME outperforms 88.14% 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 71.19% of its industry peers.
In the last couple of years the Gross Margin of ASME has grown nicely.
| 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.
ASME has less shares outstanding than it did 5 years ago.
ASME has a better debt/assets ratio than last year.
2.2 Solvency
ASME has an Altman-Z score of 9.76. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
ASME has a Altman-Z score of 9.76. This is in the better half of the industry: ASME outperforms 71.19% 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 84.75% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that ASME is not too dependend on debt financing.
The Debt to Equity ratio of ASME (0.17) is better than 61.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.76 |
ROIC/WACC3.18
WACC10.27%
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's Current ratio of 1.41 is on the low side compared to the rest of the industry. ASME is outperformed by 84.75% 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.
Looking at the Quick ratio, with a value of 0.79, ASME is doing worse than 84.75% of the companies in the same industry.
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 37.78% over the past year.
ASME shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.62% yearly.
Looking at the last year, ASME shows a small growth in Revenue. The Revenue has grown by 2.56% in the last year.
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)37.78%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%4.36%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%1.12%
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 17.19% on average per year.
The Revenue is expected to grow by 10.98% on average over the next years. This is quite good.
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.19%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
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.
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
A Price/Earnings ratio of 36.82 indicates a quite expensive valuation of ASME.
Compared to the rest of the industry, the Price/Earnings ratio of ASME is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.89. ASME is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 35.10, which means the current valuation is very expensive for ASME.
Based on the Price/Forward Earnings ratio, ASME is valued a bit more expensive than 64.41% of the companies in the same industry.
ASME is valuated expensively when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.82 | ||
| Fwd PE | 35.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASME indicates a slightly more expensive valuation: ASME is more expensive than 62.71% of the companies listed in the same industry.
ASME's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ASME is cheaper than 67.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.27 | ||
| EV/EBITDA | 25.72 |
4.3 Compensation for Growth
ASME's 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 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.41
PEG (5Y)1.44
EPS Next 2Y15%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
With a yearly dividend of 0.47%, ASME is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.08, ASME has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, ASME's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
5.2 History
The dividend of ASME is nicely growing with an annual growth rate of 14.61%!
Dividend Growth(5Y)14.61%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ASME pays out 24.55% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASME is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP24.55%
EPS Next 2Y15%
EPS Next 3Y17.12%
FRA:ASME (10/24/2025, 7:00:00 PM)
893
+5.2 (+0.59%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners43.25%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap346.62B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts76.59
Price Target781.19 (-12.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.47% |
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)2.9%
PT rev (3m)-0.87%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)0.33%
EPS NY rev (1m)0%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.82 | ||
| Fwd PE | 35.1 | ||
| P/S | 10.78 | ||
| P/FCF | 37.27 | ||
| P/OCF | 27.96 | ||
| P/B | 16.1 | ||
| P/tB | 29.43 | ||
| EV/EBITDA | 25.72 |
EPS(TTM)24.25
EY2.72%
EPS(NY)25.44
Fwd EY2.85%
FCF(TTM)23.96
FCFY2.68%
OCF(TTM)31.94
OCFY3.58%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.41
PEG (5Y)1.44
Graham Number173.98
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 | 9.76 |
F-Score8
WACC10.27%
ROIC/WACC3.18
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)37.78%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%4.36%
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.19%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%1.12%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
EBIT Next 5Y17.17%
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.
What is the valuation status of ASML HOLDING NV (ASME.DE) stock?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the financial health for ASME stock?
The financial health rating of ASML HOLDING NV (ASME.DE) is 7 / 10.
Can you provide the dividend sustainability for ASME stock?
The dividend rating of ASML HOLDING NV (ASME.DE) is 3 / 10 and the dividend payout ratio is 24.55%.