ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - FRA:AVS - NL0000334118 - Common Stock
494.4 EUR
+6.3 (+1.29%)
AVS gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 63 industry peers in the Semiconductors & Semiconductor Equipment industry. AVS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. AVS is valued quite expensive, but it does show an excellent growth. With these ratings, AVS could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year AVS was profitable.
In the past year AVS had a positive cash flow from operations.
In the past 5 years AVS has always been profitable.
Each year in the past 5 years AVS had a positive operating cash flow.
1.2 Ratios
AVS's Return On Assets of 10.47% is fine compared to the rest of the industry. AVS outperforms 65.08% of its industry peers.
AVS has a Return On Equity (14.77%) which is in line with its industry peers.
AVS has a better Return On Invested Capital (20.99%) than 80.95% of its industry peers.
AVS had an Average Return On Invested Capital over the past 3 years of 16.68%. This is in line with the industry average of 14.81%.
The 3 year average ROIC (16.68%) for AVS is below the current ROIC(20.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROIC | 20.99% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.68%
ROIC(5y)16.49%
1.3 Margins
The Profit Margin of AVS (16.16%) is better than 66.67% of its industry peers.
In the last couple of years the Profit Margin of AVS has declined.
AVS's Operating Margin of 29.52% is fine compared to the rest of the industry. AVS outperforms 76.19% of its industry peers.
In the last couple of years the Operating Margin of AVS has grown nicely.
AVS has a better Gross Margin (51.27%) than 60.32% of its industry peers.
AVS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.52% | ||
| PM (TTM) | 16.16% | ||
| GM | 51.27% |
OM growth 3Y-1.1%
OM growth 5Y6.53%
PM growth 3Y-6.49%
PM growth 5Y-4.38%
GM growth 3Y1.81%
GM growth 5Y3.46%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AVS is creating value.
AVS has less shares outstanding than it did 1 year ago.
AVS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AVS has been reduced compared to a year ago.
2.2 Solvency
AVS has an Altman-Z score of 12.44. This indicates that AVS is financially healthy and has little risk of bankruptcy at the moment.
AVS has a Altman-Z score of 12.44. This is amongst the best in the industry. AVS outperforms 85.71% of its industry peers.
The Debt to FCF ratio of AVS is 0.05, which is an excellent value as it means it would take AVS, only 0.05 years of fcf income to pay off all of its debts.
AVS has a better Debt to FCF ratio (0.05) than 95.24% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AVS is not too dependend on debt financing.
The Debt to Equity ratio of AVS (0.01) is better than 93.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.44 |
ROIC/WACC2.14
WACC9.8%
2.3 Liquidity
A Current Ratio of 2.02 indicates that AVS has no problem at all paying its short term obligations.
AVS has a worse Current ratio (2.02) than 61.90% of its industry peers.
A Quick Ratio of 1.58 indicates that AVS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.58, AVS perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.01% over the past year.
AVS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.75% yearly.
The Revenue has grown by 19.12% in the past year. This is quite good.
Measured over the past years, AVS shows a very strong growth in Revenue. The Revenue has been growing by 21.13% on average per year.
EPS 1Y (TTM)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
3.2 Future
The Earnings Per Share is expected to grow by 13.39% on average over the next years. This is quite good.
Based on estimates for the next years, AVS will show a quite strong growth in Revenue. The Revenue will grow by 12.95% on average per year.
EPS Next Y1.9%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
EPS Next 5Y13.39%
Revenue Next Year8.12%
Revenue Next 2Y7.68%
Revenue Next 3Y10.89%
Revenue Next 5Y12.95%
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 30.42 indicates a quite expensive valuation of AVS.
The rest of the industry has a similar Price/Earnings ratio as AVS.
Compared to an average S&P500 Price/Earnings ratio of 25.46, AVS is valued at the same level.
The Price/Forward Earnings ratio is 30.32, which means the current valuation is very expensive for AVS.
AVS's Price/Forward Earnings is on the same level as the industry average.
AVS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 30.32 |
4.2 Price Multiples
AVS's Enterprise Value to EBITDA ratio is in line with the industry average.
71.43% of the companies in the same industry are more expensive than AVS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.33 | ||
| EV/EBITDA | 20.26 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AVS has a very decent profitability rating, which may justify a higher PE ratio.
AVS's earnings are expected to grow with 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)15.99
PEG (5Y)1.34
EPS Next 2Y6.59%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is comparable with the industry average which is at 1.18.
With a Dividend Yield of 0.59, AVS pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
On average, the dividend of AVS grows each year by 6.39%, which is quite nice.
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
AVS pays out 28.03% of its income as dividend. This is a sustainable payout ratio.
The dividend of AVS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.03%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
FRA:AVS (11/19/2025, 7:00:00 PM)
494.4
+6.3 (+1.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners59.64%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap24.39B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts80
Price Target600.98 (21.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP28.03%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.41%
Min EPS beat(2)-15.47%
Max EPS beat(2)-3.34%
EPS beat(4)1
Avg EPS beat(4)-3.11%
Min EPS beat(4)-23.98%
Max EPS beat(4)30.35%
EPS beat(8)3
Avg EPS beat(8)-0.61%
EPS beat(12)4
Avg EPS beat(12)-0.99%
EPS beat(16)7
Avg EPS beat(16)1.84%
Revenue beat(2)0
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.67%
Revenue beat(4)2
Avg Revenue beat(4)-0.16%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)0.79%
Revenue beat(8)5
Avg Revenue beat(8)0.4%
Revenue beat(12)7
Avg Revenue beat(12)0.48%
Revenue beat(16)8
Avg Revenue beat(16)0.37%
PT rev (1m)4.78%
PT rev (3m)3.51%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)-2.17%
EPS NY rev (3m)-14.96%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)-4.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 30.32 | ||
| P/S | 7.48 | ||
| P/FCF | 32.33 | ||
| P/OCF | 21.3 | ||
| P/B | 6.83 | ||
| P/tB | 10.25 | ||
| EV/EBITDA | 20.26 |
EPS(TTM)16.25
EY3.29%
EPS(NY)16.31
Fwd EY3.3%
FCF(TTM)15.29
FCFY3.09%
OCF(TTM)23.21
OCFY4.7%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.99
PEG (5Y)1.34
Graham Number162.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROCE | 25.32% | ||
| ROIC | 20.99% | ||
| ROICexc | 20.99% | ||
| ROICexgc | 30.55% | ||
| OM | 29.52% | ||
| PM (TTM) | 16.16% | ||
| GM | 51.27% | ||
| FCFM | 23.12% |
ROA(3y)13.82%
ROA(5y)14.5%
ROE(3y)18.59%
ROE(5y)18.64%
ROIC(3y)16.68%
ROIC(5y)16.49%
ROICexc(3y)20.55%
ROICexc(5y)20.87%
ROICexgc(3y)32.73%
ROICexgc(5y)29.8%
ROCE(3y)20.12%
ROCE(5y)19.89%
ROICexgc growth 3Y7.62%
ROICexgc growth 5Y16.85%
ROICexc growth 3Y-2.24%
ROICexc growth 5Y9.84%
OM growth 3Y-1.1%
OM growth 5Y6.53%
PM growth 3Y-6.49%
PM growth 5Y-4.38%
GM growth 3Y1.81%
GM growth 5Y3.46%
F-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 171.78% | ||
| Cap/Sales | 11.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.19% | ||
| Profit Quality | 143.08% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 12.44 |
F-Score6
WACC9.8%
ROIC/WACC2.14
Cap/Depr(3y)177.39%
Cap/Depr(5y)175.83%
Cap/Sales(3y)11.05%
Cap/Sales(5y)10.89%
Profit Quality(3y)72.97%
Profit Quality(5y)59.94%
High Growth Momentum
Growth
EPS 1Y (TTM)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
EPS Next Y1.9%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
EPS Next 5Y13.39%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
Revenue Next Year8.12%
Revenue Next 2Y7.68%
Revenue Next 3Y10.89%
Revenue Next 5Y12.95%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year48.08%
EBIT Next 3Y22.95%
EBIT Next 5Y21.03%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.36%
OCF growth 3Y33.11%
OCF growth 5Y12.92%
ASM INTERNATIONAL NV / AVS.DE FAQ
Can you provide the ChartMill fundamental rating for ASM INTERNATIONAL NV?
ChartMill assigns a fundamental rating of 7 / 10 to AVS.DE.
Can you provide the valuation status for ASM INTERNATIONAL NV?
ChartMill assigns a valuation rating of 3 / 10 to ASM INTERNATIONAL NV (AVS.DE). This can be considered as Overvalued.
How profitable is ASM INTERNATIONAL NV (AVS.DE) stock?
ASM INTERNATIONAL NV (AVS.DE) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for AVS stock?
The Earnings per Share (EPS) of ASM INTERNATIONAL NV (AVS.DE) is expected to grow by 1.9% in the next year.
Can you provide the dividend sustainability for AVS stock?
The dividend rating of ASM INTERNATIONAL NV (AVS.DE) is 4 / 10 and the dividend payout ratio is 28.03%.