ASML HOLDING NV-NY REG SHS (ASML) Fundamental Analysis & Valuation

NASDAQ:ASML • USN070592100

Current stock price

1369.62 USD
+52.37 (+3.98%)
At close:
1362.5 USD
-7.12 (-0.52%)
Pre-Market:

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

9

1. ASML Profitability Analysis

1.1 Basic Checks

  • In the past year ASML was profitable.
  • In the past year ASML had a positive cash flow from operations.
  • ASML had positive earnings in each of the past 5 years.
  • Each year in the past 5 years ASML had a positive operating cash flow.
ASML Yearly Net Income VS EBIT VS OCF VS FCFASML 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

  • ASML has a Return On Assets of 19.00%. This is amongst the best in the industry. ASML outperforms 93.04% of its industry peers.
  • With an excellent Return On Equity value of 49.00%, ASML belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
  • The Return On Invested Capital of ASML (35.18%) is better than 97.39% of its industry peers.
  • ASML had an Average Return On Invested Capital over the past 3 years of 30.78%. This is significantly above the industry average of 10.70%.
  • The 3 year average ROIC (30.78%) for ASML is below the current ROIC(35.18%), indicating increased profibility in the last year.
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%
ASML Yearly ROA, ROE, ROICASML Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

  • With an excellent Profit Margin value of 29.42%, ASML belongs to the best of the industry, outperforming 88.70% of the companies in the same industry.
  • ASML's Profit Margin has improved in the last couple of years.
  • ASML has a better Operating Margin (34.60%) than 92.17% of its industry peers.
  • ASML's Operating Margin has improved in the last couple of years.
  • ASML has a better Gross Margin (52.83%) than 67.83% of its industry peers.
  • In the last couple of years the Gross Margin of ASML has grown nicely.
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%
ASML Yearly Profit, Operating, Gross MarginsASML 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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4

2. ASML Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ASML is creating value.
  • Compared to 1 year ago, ASML has an improved debt to assets ratio.
ASML Yearly Shares OutstandingASML Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
ASML Yearly Total Debt VS Total AssetsASML 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 ASML is 0.25, which is an excellent value as it means it would take ASML, only 0.25 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ASML (0.25) is better than 82.61% of its industry peers.
  • ASML has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
  • ASML has a Debt to Equity ratio (0.14) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 0.25
Altman-Z N/A
ROIC/WACC3.18
WACC11.07%
ASML Yearly LT Debt VS Equity VS FCFASML 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 ASML should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.26, ASML is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
  • ASML has a Quick Ratio of 1.26. This is a bad value and indicates that ASML is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ASML's Quick ratio of 0.79 is on the low side compared to the rest of the industry. ASML is outperformed by 90.43% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.79
ASML Yearly Current Assets VS Current LiabilitesASML 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. ASML Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.48% over the past year.
  • Measured over the past years, ASML shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.86% on average per year.
  • The Revenue has grown by 15.58% in the past year. This is quite good.
  • The Revenue has been growing by 18.50% on average over the past years. This is quite good.
EPS 1Y (TTM)28.48%
EPS 3Y20.41%
EPS 5Y23.86%
EPS Q2Q%7.31%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%4.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.85% on average over the next years. This is quite good.
  • Based on estimates for the next years, ASML will show a quite strong growth in Revenue. The Revenue will grow by 13.07% on average per year.
EPS Next Y22.09%
EPS Next 2Y25.89%
EPS Next 3Y22.66%
EPS Next 5Y19.85%
Revenue Next Year14.6%
Revenue Next 2Y16.28%
Revenue Next 3Y14.55%
Revenue Next 5Y13.07%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ASML Yearly Revenue VS EstimatesASML Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B
ASML Yearly EPS VS EstimatesASML 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. ASML Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 47.77, ASML can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, ASML is valued a bit cheaper than 64.35% of the companies in the same industry.
  • ASML is valuated expensively when we compare the Price/Earnings ratio to 25.54, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 39.13, which means the current valuation is very expensive for ASML.
  • The rest of the industry has a similar Price/Forward Earnings ratio as ASML.
  • ASML's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.70.
Industry RankSector Rank
PE 47.77
Fwd PE 39.13
ASML Price Earnings VS Forward Price EarningsASML Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • ASML's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ASML is cheaper than 65.22% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ASML is valued a bit cheaper than the industry average as 75.65% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 41.57
EV/EBITDA 36.3
ASML Per share dataASML 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.
  • The excellent profitability rating of ASML may justify a higher PE ratio.
  • A more expensive valuation may be justified as ASML's earnings are expected to grow with 22.66% in the coming years.
PEG (NY)2.16
PEG (5Y)2
EPS Next 2Y25.89%
EPS Next 3Y22.66%

More info and screens

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

5

5. ASML Dividend Analysis

5.1 Amount

  • ASML has a yearly dividend return of 0.64%, which is pretty low.
  • ASML's Dividend Yield is rather good when compared to the industry average which is at 0.50. ASML pays more dividend than 80.87% of the companies in the same industry.
  • With a Dividend Yield of 0.64, ASML pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 0.64%

5.2 History

  • The dividend of ASML is nicely growing with an annual growth rate of 14.78%!
  • ASML has been paying a dividend for at least 10 years, so it has a reliable track record.
  • ASML has decreased its dividend recently.
Dividend Growth(5Y)14.78%
Div Incr Years1
Div Non Decr Years1
ASML Yearly Dividends per shareASML Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • 26.54% of the earnings are spent on dividend by ASML. This is a low number and sustainable payout ratio.
  • ASML's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP26.54%
EPS Next 2Y25.89%
EPS Next 3Y22.66%
ASML Yearly Income VS Free CF VS DividendASML 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
ASML Dividend Payout.ASML Dividend Payout, showing the Payout Ratio.ASML Dividend Payout.PayoutRetained Earnings

More info and screens

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ASML Fundamentals: All Metrics, Ratios and Statistics

ASML HOLDING NV-NY REG SHS

NASDAQ:ASML (3/23/2026, 8:00:01 PM)

Premarket: 1362.5 -7.12 (-0.52%)

1369.62

+52.37 (+3.98%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-28
Earnings (Next)04-15
Inst Owners44.32%
Inst Owner Change1.8%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap531.62B
Revenue(TTM)32.67B
Net Income(TTM)9.61B
Analysts78.1
Price Target1654.93 (20.83%)
Short Float %0.26%
Short Ratio0.53
Dividend
Industry RankSector Rank
Dividend Yield 0.64%
Yearly Dividend7.26
Dividend Growth(5Y)14.78%
DP26.54%
Div Incr Years1
Div Non Decr Years1
Ex-Date04-27
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)10
Avg Revenue beat(16)0.11%
PT rev (1m)4.29%
PT rev (3m)45.87%
EPS NQ rev (1m)9.98%
EPS NQ rev (3m)18.88%
EPS NY rev (1m)10.44%
EPS NY rev (3m)13.78%
Revenue NQ rev (1m)6.24%
Revenue NQ rev (3m)11.12%
Revenue NY rev (1m)9.8%
Revenue NY rev (3m)9.91%
Valuation
Industry RankSector Rank
PE 47.77
Fwd PE 39.13
P/S 14.03
P/FCF 41.57
P/OCF 36.22
P/B 23.38
P/tB 31.65
EV/EBITDA 36.3
EPS(TTM)28.67
EY2.09%
EPS(NY)35
Fwd EY2.56%
FCF(TTM)32.94
FCFY2.41%
OCF(TTM)37.82
OCFY2.76%
SpS97.59
BVpS58.59
TBVpS43.27
PEG (NY)2.16
PEG (5Y)2
Graham Number194.41
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
WACC11.07%
ROIC/WACC3.18
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)28.48%
EPS 3Y20.41%
EPS 5Y23.86%
EPS Q2Q%7.31%
EPS Next Y22.09%
EPS Next 2Y25.89%
EPS Next 3Y22.66%
EPS Next 5Y19.85%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y15.55%
Revenue growth 5Y18.5%
Sales Q2Q%4.92%
Revenue Next Year14.6%
Revenue Next 2Y16.28%
Revenue Next 3Y14.55%
Revenue Next 5Y13.07%
EBIT growth 1Y-10.34%
EBIT growth 3Y20.24%
EBIT growth 5Y22.77%
EBIT Next Year28.54%
EBIT Next 3Y23.46%
EBIT Next 5Y19.34%
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-NY REG SHS / ASML Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for ASML HOLDING NV-NY REG SHS?

ChartMill assigns a fundamental rating of 6 / 10 to ASML.


Can you provide the valuation status for ASML HOLDING NV-NY REG SHS?

ChartMill assigns a valuation rating of 4 / 10 to ASML HOLDING NV-NY REG SHS (ASML). This can be considered as Fairly Valued.


How profitable is ASML HOLDING NV-NY REG SHS (ASML) stock?

ASML HOLDING NV-NY REG SHS (ASML) has a profitability rating of 9 / 10.


What is the valuation of ASML HOLDING NV-NY REG SHS based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ASML HOLDING NV-NY REG SHS (ASML) is 47.77 and the Price/Book (PB) ratio is 23.38.


What is the earnings growth outlook for ASML HOLDING NV-NY REG SHS?

The Earnings per Share (EPS) of ASML HOLDING NV-NY REG SHS (ASML) is expected to grow by 22.09% in the next year.