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

NASDAQ:ASML • USN070592100

Current stock price

1306.45 USD
+2.44 (+0.19%)
At close:
1420.26 USD
+113.81 (+8.71%)
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

  • ASML had positive earnings in the past year.
  • ASML had a positive operating cash flow in the past year.
  • Each year in the past 5 years ASML has been profitable.
  • In the past 5 years ASML always reported a positive cash flow from operatings.
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 better Return On Assets (19.00%) than 93.04% of its industry peers.
  • ASML's Return On Equity of 49.00% is amongst the best of the industry. ASML outperforms 95.65% of its industry peers.
  • With an excellent Return On Invested Capital value of 35.18%, ASML belongs to the best of the industry, outperforming 97.39% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ASML is significantly above the industry average of 10.70%.
  • The last Return On Invested Capital (35.18%) for ASML 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%
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

  • ASML's Profit Margin of 29.42% is amongst the best of the industry. ASML outperforms 88.70% of its industry peers.
  • In the last couple of years the Profit Margin of ASML has grown nicely.
  • ASML's Operating Margin of 34.60% is amongst the best of the industry. ASML outperforms 92.17% of its industry peers.
  • In the last couple of years the Operating Margin of ASML has grown nicely.
  • The Gross Margin of ASML (52.83%) is better than 66.96% of its industry peers.
  • ASML'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%
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

  • ASML has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • The debt/assets ratio for ASML has been reduced compared to a year ago.
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.
  • With an excellent Debt to FCF ratio value of 0.25, ASML belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
  • ASML has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
  • ASML's Debt to Equity ratio of 0.14 is in line compared to the rest of the industry. ASML outperforms 52.17% of its industry peers.
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.
  • The Current ratio of ASML (1.26) is worse than 88.70% of its industry peers.
  • 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 91.30% 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.
  • ASML shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.86% yearly.
  • Looking at the last year, ASML 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)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

  • ASML is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.85% yearly.
  • ASML is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.07% yearly.
EPS Next Y22.09%
EPS Next 2Y25.89%
EPS Next 3Y22.66%
EPS Next 5Y19.85%
Revenue Next Year14.94%
Revenue Next 2Y16.69%
Revenue Next 3Y14.52%
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

  • ASML is valuated quite expensively with a Price/Earnings ratio of 45.73.
  • Based on the Price/Earnings ratio, ASML is valued a bit cheaper than the industry average as 67.83% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 26.21. ASML is valued rather expensively when compared to this.
  • ASML is valuated quite expensively with a Price/Forward Earnings ratio of 37.45.
  • ASML's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 23.10. ASML is valued rather expensively when compared to this.
Industry RankSector Rank
PE 45.73
Fwd PE 37.45
ASML Price Earnings VS Forward Price EarningsASML Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASML indicates a somewhat cheap valuation: ASML is cheaper than 67.83% of the companies listed in the same industry.
  • ASML's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ASML is cheaper than 76.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF 39.79
EV/EBITDA 34.7
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 ASML does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of ASML may justify a higher PE ratio.
  • ASML's earnings are expected to grow with 22.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.07
PEG (5Y)1.92
EPS Next 2Y25.89%
EPS Next 3Y22.66%

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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 0.65%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.52, ASML pays a better dividend. On top of this ASML pays more dividend than 80.87% of the companies listed in the same industry.
  • With a Dividend Yield of 0.65, ASML pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 0.65%

5.2 History

  • The dividend of ASML is nicely growing with an annual growth rate of 14.78%!
  • ASML has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of ASML decreased in the last 3 years.
Dividend Growth(5Y)14.78%
Div Incr Years2
Div Non Decr Years2
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

  • ASML pays out 26.54% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ASML is growing, but earnings are growing more, so the dividend growth is 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 (4/7/2026, 11:17:45 PM)

Premarket: 1420.26 +113.81 (+8.71%)

1306.45

+2.44 (+0.19%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-28
Earnings (Next)04-15
Inst Owners44.32%
Inst Owner Change0%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap507.10B
Revenue(TTM)32.67B
Net Income(TTM)9.61B
Analysts78.57
Price Target1654.93 (26.67%)
Short Float %0.25%
Short Ratio0.53
Dividend
Industry RankSector Rank
Dividend Yield 0.65%
Yearly Dividend7.24
Dividend Growth(5Y)14.78%
DP26.54%
Div Incr Years2
Div Non Decr Years2
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)0%
PT rev (3m)41.81%
EPS NQ rev (1m)-0.01%
EPS NQ rev (3m)18.87%
EPS NY rev (1m)0%
EPS NY rev (3m)13.65%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)11.15%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)10.12%
Valuation
Industry RankSector Rank
PE 45.73
Fwd PE 37.45
P/S 13.43
P/FCF 39.79
P/OCF 34.66
P/B 22.37
P/tB 30.3
EV/EBITDA 34.7
EPS(TTM)28.57
EY2.19%
EPS(NY)34.88
Fwd EY2.67%
FCF(TTM)32.83
FCFY2.51%
OCF(TTM)37.69
OCFY2.88%
SpS97.27
BVpS58.39
TBVpS43.12
PEG (NY)2.07
PEG (5Y)1.92
Graham Number193.75
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 Year14.94%
Revenue Next 2Y16.69%
Revenue Next 3Y14.52%
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.


Can you provide the profitability details for ASML HOLDING NV-NY REG SHS?

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


What are the PE and PB ratios of ASML HOLDING NV-NY REG SHS (ASML) stock?

The Price/Earnings (PE) ratio for ASML HOLDING NV-NY REG SHS (ASML) is 45.73 and the Price/Book (PB) ratio is 22.37.


Can you provide the dividend sustainability for ASML stock?

The dividend rating of ASML HOLDING NV-NY REG SHS (ASML) is 5 / 10 and the dividend payout ratio is 26.54%.