ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ASME - NL0010273215 - Common Stock
1155 EUR
+13 (+1.14%)
Overall ASME gets a fundamental rating of 7 out of 10. We evaluated ASME against 68 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making ASME a very profitable company, without any liquidiy or solvency issues. 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.
- Each year in the past 5 years ASME had a positive operating cash flow.
1.2 Ratios
- ASME's Return On Assets of 20.71% is amongst the best of the industry. ASME outperforms 88.24% of its industry peers.
- ASME has a Return On Equity of 47.39%. This is amongst the best in the industry. ASME outperforms 88.24% of its industry peers.
- ASME's Return On Invested Capital of 32.62% is amongst the best of the industry. ASME outperforms 89.71% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ASME is significantly above the industry average of 14.62%.
- The last Return On Invested Capital (32.62%) for ASME is above the 3 year average (27.67%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 31.73%. This is amongst the best in the industry. ASME outperforms 85.29% of its industry peers.
- ASME's Profit Margin has improved in the last couple of years.
- ASME's Operating Margin of 37.74% is amongst the best of the industry. ASME outperforms 88.24% 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 64.71% 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ASME is creating value.
- ASME has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ASME has less shares outstanding
- ASME has a better debt/assets ratio than last year.
2.2 Solvency
- ASME has an Altman-Z score of 11.96. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
- ASME has a better Altman-Z score (11.96) than 79.41% 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's Debt to FCF ratio of 0.51 is amongst the best of the industry. ASME outperforms 82.35% of its industry peers.
- A Debt/Equity ratio of 0.17 indicates that ASME is not too dependend on debt financing.
- ASME's Debt to Equity ratio of 0.17 is fine compared to the rest of the industry. ASME outperforms 61.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 11.96 |
ROIC/WACC3.18
WACC10.25%
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 91.18% 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.
- ASME has a worse Quick ratio (0.79) than 89.71% 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
- ASME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.61%, which is quite impressive.
- The Earnings Per Share has been growing by 25.62% on average over the past years. This is a very strong growth
- Looking at the last year, ASME shows a small growth in Revenue. The Revenue has grown by 2.56% in the last year.
- ASME shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.05% yearly.
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
- ASME is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.44% yearly.
- Based on estimates for the next years, ASME will show a quite strong growth in Revenue. The Revenue will grow by 12.10% on average per year.
EPS Next Y31.25%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
EPS Next 5Y19.44%
Revenue Next Year16.7%
Revenue Next 2Y10.56%
Revenue Next 3Y12.02%
Revenue Next 5Y12.1%
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 47.69, ASME can be considered very expensive at the moment.
- ASME's Price/Earnings ratio is in line with the industry average.
- ASME is valuated expensively when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 43.49, the valuation of ASME can be described as expensive.
- Based on the Price/Forward Earnings ratio, ASME is valued a bit more expensive than 72.06% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.32. ASME is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.69 | ||
| Fwd PE | 43.49 |
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 63.24% 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 61.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.21 | ||
| EV/EBITDA | 33.33 |
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)1.53
PEG (5Y)1.86
EPS Next 2Y17.48%
EPS Next 3Y19.72%
5. Dividend
5.1 Amount
- ASME has a yearly dividend return of 0.39%, which is pretty low.
- ASME's Dividend Yield is comparable with the industry average which is at 0.72.
- With a Dividend Yield of 0.39, ASME pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
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, but earnings are growing more, so the dividend growth is sustainable.
DP24.55%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
FRA:ASME (1/21/2026, 7:00:00 PM)
1155
+13 (+1.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-15 2025-10-15/bmo
Earnings (Next)01-28 2026-01-28/amc
Inst Owners44.3%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap448.31B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts77.5
Price Target1058.74 (-8.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
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)8.2%
PT rev (3m)35.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.15%
EPS NY rev (3m)4.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.69 | ||
| Fwd PE | 43.49 | ||
| P/S | 13.94 | ||
| P/FCF | 48.21 | ||
| P/OCF | 36.16 | ||
| P/B | 20.82 | ||
| P/tB | 38.06 | ||
| EV/EBITDA | 33.33 |
EPS(TTM)24.22
EY2.1%
EPS(NY)26.56
Fwd EY2.3%
FCF(TTM)23.96
FCFY2.07%
OCF(TTM)31.94
OCFY2.77%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.53
PEG (5Y)1.86
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 | 11.96 |
F-Score8
WACC10.25%
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)37.61%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%3.79%
EPS Next Y31.25%
EPS Next 2Y17.48%
EPS Next 3Y19.72%
EPS Next 5Y19.44%
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 5Y12.1%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year39.88%
EBIT Next 3Y21.29%
EBIT Next 5Y19.19%
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 47.69 and the Price/Book (PB) ratio is 20.82.
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%.