ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:ASME • NL0010273215

1205.4 EUR
+12.2 (+1.02%)
Last: Feb 9, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

Taking everything into account, ASME scores 6 out of 10 in our fundamental rating. ASME was compared to 69 industry peers in the Semiconductors & Semiconductor Equipment industry. While ASME belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ASME shows excellent growth, but is valued quite expensive already. These ratings could make ASME a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

9

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.
  • Each year in the past 5 years ASME has been profitable.
  • ASME had a positive operating cash flow in each of the past 5 years.
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

  • With an excellent Return On Assets value of 19.00%, ASME belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
  • ASME has a Return On Equity of 49.00%. This is amongst the best in the industry. ASME outperforms 91.30% of its industry peers.
  • ASME's Return On Invested Capital of 35.18% is amongst the best of the industry. ASME outperforms 91.30% of its industry peers.
  • ASME had an Average Return On Invested Capital over the past 3 years of 30.78%. This is significantly above the industry average of 14.30%.
  • The last Return On Invested Capital (35.18%) for ASME is above the 3 year average (30.78%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 19%
ROE 49%
ROIC 35.18%
ROA(3y)18.07%
ROA(5y)17.83%
ROE(3y)49.42%
ROE(5y)54.02%
ROIC(3y)30.78%
ROIC(5y)30.25%
ASME.DE Yearly ROA, ROE, ROICASME.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

  • ASME's Profit Margin of 29.42% is amongst the best of the industry. ASME outperforms 84.06% of its industry peers.
  • In the last couple of years the Profit Margin of ASME has grown nicely.
  • With an excellent Operating Margin value of 34.60%, ASME belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
  • In the last couple of years the Operating Margin of ASME has grown nicely.
  • ASME has a better Gross Margin (52.83%) than 65.22% of its industry peers.
  • ASME's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 34.6%
PM (TTM) 29.42%
GM 52.83%
OM growth 3Y4.06%
OM growth 5Y3.6%
PM growth 3Y3.46%
PM growth 5Y2.96%
GM growth 3Y1.49%
GM growth 5Y1.67%
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

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 an improved debt to assets ratio.
ASME.DE Yearly Shares OutstandingASME.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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

  • The Debt to FCF ratio of ASME is 0.25, which is an excellent value as it means it would take ASME, only 0.25 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ASME (0.25) is better than 86.96% of its industry peers.
  • ASME has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.14, ASME is doing good in the industry, outperforming 68.12% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 0.25
Altman-Z N/A
ROIC/WACC3.23
WACC10.9%
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

2.3 Liquidity

  • A Current Ratio of 1.26 indicates that ASME should not have too much problems paying its short term obligations.
  • The Current ratio of ASME (1.26) is worse than 92.75% of its industry peers.
  • A Quick Ratio of 0.79 indicates that ASME may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.79, ASME is not doing good in the industry: 89.86% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.79
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. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 27.44% 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 23.66% on average per year.
  • The Revenue has grown by 15.58% in the past year. This is quite good.
  • ASME shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.50% yearly.
EPS 1Y (TTM)27.44%
EPS 3Y20.08%
EPS 5Y23.66%
EPS Q2Q%4.39%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%1.88%

3.2 Future

  • The Earnings Per Share is expected to grow by 17.17% 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 10.80% on average per year.
EPS Next Y11.45%
EPS Next 2Y18.51%
EPS Next 3Y16.04%
EPS Next 5Y17.17%
Revenue Next Year4.75%
Revenue Next 2Y9.75%
Revenue Next 3Y9.98%
Revenue Next 5Y10.8%

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.
  • 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
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

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 49.16 indicates a quite expensive valuation of ASME.
  • Based on the Price/Earnings ratio, ASME is valued a bit more expensive than the industry average as 60.87% of the companies are valued more cheaply.
  • ASME's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
  • A Price/Forward Earnings ratio of 44.11 indicates a quite expensive valuation of ASME.
  • Based on the Price/Forward Earnings ratio, ASME is valued a bit more expensive than 72.46% of the companies in the same industry.
  • ASME is valuated expensively when we compare the Price/Forward Earnings ratio to 27.86, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 49.16
Fwd PE 44.11
ASME.DE Price Earnings VS Forward Price EarningsASME.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • ASME's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ASME is more expensive than 66.67% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASME indicates a somewhat cheap valuation: ASME is cheaper than 75.36% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 42.43
EV/EBITDA 36.68
ASME.DE Per share dataASME.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 16.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.29
PEG (5Y)2.08
EPS Next 2Y18.51%
EPS Next 3Y16.04%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.65%, ASME is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.82, ASME pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, ASME's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.65%

5.2 History

  • The dividend of ASME is nicely growing with an annual growth rate of 14.78%!
Dividend Growth(5Y)14.78%
Div Incr Years1
Div Non Decr Years1
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 26.54% 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.
DP26.54%
EPS Next 2Y18.51%
EPS Next 3Y16.04%
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

More info and screens

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ASML HOLDING NV

FRA:ASME (2/9/2026, 7:00:00 PM)

1205.4

+12.2 (+1.02%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-28
Earnings (Next)04-15
Inst Owners44.3%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap467.88B
Revenue(TTM)32.67B
Net Income(TTM)9.61B
Analysts77.5
Price Target1348.03 (11.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.65%
Yearly Dividend6.28
Dividend Growth(5Y)14.78%
DP26.54%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.33%
Min EPS beat(2)-7.23%
Max EPS beat(2)-1.44%
EPS beat(4)2
Avg EPS beat(4)1.1%
Min EPS beat(4)-7.23%
Max EPS beat(4)11.23%
EPS beat(8)5
Avg EPS beat(8)3.6%
EPS beat(12)9
Avg EPS beat(12)5.05%
EPS beat(16)13
Avg EPS beat(16)5.91%
Revenue beat(2)0
Avg Revenue beat(2)-4.95%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)-4.51%
Revenue beat(4)1
Avg Revenue beat(4)-3.17%
Min Revenue beat(4)-5.4%
Max Revenue beat(4)0.27%
Revenue beat(8)4
Avg Revenue beat(8)-1.53%
Revenue beat(12)7
Avg Revenue beat(12)-0.56%
Revenue beat(16)10
Avg Revenue beat(16)-0.11%
PT rev (1m)35.35%
PT rev (3m)44.17%
EPS NQ rev (1m)8.1%
EPS NQ rev (3m)10.76%
EPS NY rev (1m)2.91%
EPS NY rev (3m)4.39%
Revenue NQ rev (1m)4.59%
Revenue NQ rev (3m)6.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
Industry RankSector Rank
PE 49.16
Fwd PE 44.11
P/S 14.32
P/FCF 42.43
P/OCF 36.96
P/B 23.86
P/tB 32.3
EV/EBITDA 36.68
EPS(TTM)24.52
EY2.03%
EPS(NY)27.33
Fwd EY2.27%
FCF(TTM)28.41
FCFY2.36%
OCF(TTM)32.61
OCFY2.71%
SpS84.16
BVpS50.53
TBVpS37.31
PEG (NY)4.29
PEG (5Y)2.08
Graham Number166.96
Profitability
Industry RankSector Rank
ROA 19%
ROE 49%
ROCE 42.97%
ROIC 35.18%
ROICexc 71.29%
ROICexgc 117.85%
OM 34.6%
PM (TTM) 29.42%
GM 52.83%
FCFM 33.76%
ROA(3y)18.07%
ROA(5y)17.83%
ROE(3y)49.42%
ROE(5y)54.02%
ROIC(3y)30.78%
ROIC(5y)30.25%
ROICexc(3y)95.08%
ROICexc(5y)81.02%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)37.59%
ROCE(5y)36.94%
ROICexgc growth 3Y-3.81%
ROICexgc growth 5Y19.89%
ROICexc growth 3Y8.04%
ROICexc growth 5Y22.14%
OM growth 3Y4.06%
OM growth 5Y3.6%
PM growth 3Y3.46%
PM growth 5Y2.96%
GM growth 3Y1.49%
GM growth 5Y1.67%
F-Score6
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 0.25
Debt/EBITDA 0.22
Cap/Depr 159%
Cap/Sales 4.99%
Interest Coverage 250
Cash Conversion 102.69%
Profit Quality 114.76%
Current Ratio 1.26
Quick Ratio 0.79
Altman-Z N/A
F-Score6
WACC10.9%
ROIC/WACC3.23
Cap/Depr(3y)227.55%
Cap/Depr(5y)221.67%
Cap/Sales(3y)6.78%
Cap/Sales(5y)6.32%
Profit Quality(3y)92.05%
Profit Quality(5y)114.39%
High Growth Momentum
Growth
EPS 1Y (TTM)27.44%
EPS 3Y20.08%
EPS 5Y23.66%
EPS Q2Q%4.39%
EPS Next Y11.45%
EPS Next 2Y18.51%
EPS Next 3Y16.04%
EPS Next 5Y17.17%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%1.88%
Revenue Next Year4.75%
Revenue Next 2Y9.75%
Revenue Next 3Y9.98%
Revenue Next 5Y10.8%
EBIT growth 1Y-10.34%
EBIT growth 3Y20.24%
EBIT growth 5Y22.77%
EBIT Next Year14.16%
EBIT Next 3Y15.37%
EBIT Next 5Y16.9%
FCF growth 1Y21.4%
FCF growth 3Y15.44%
FCF growth 5Y24.91%
OCF growth 1Y13.36%
OCF growth 3Y14.26%
OCF growth 5Y22.29%

ASML HOLDING NV / ASME.DE FAQ

What is the fundamental rating for ASME stock?

ChartMill assigns a fundamental rating of 6 / 10 to ASME.DE.


Can you provide the valuation status for ASML HOLDING NV?

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.


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 49.16 and the Price/Book (PB) ratio is 23.86.


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 26.54%.