ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AVS - NL0000334118 - Common Stock
476.8 EUR
+2.4 (+0.51%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 60 industry peers in the Semiconductors & Semiconductor Equipment industry. AVS gets an excellent profitability rating and is at the same time showing great financial health properties. AVS is valued quite expensive, but it does show an excellent growth. This makes AVS very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
AVS had positive earnings in the past year.
AVS had a positive operating cash flow in the past year.
Each year in the past 5 years AVS has been profitable.
In the past 5 years AVS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AVS (10.47%) is better than 68.33% of its industry peers.
AVS has a Return On Equity of 14.77%. This is comparable to the rest of the industry: AVS outperforms 58.33% of its industry peers.
AVS has a Return On Invested Capital of 20.99%. This is amongst the best in the industry. AVS outperforms 81.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVS is in line with the industry average of 15.39%.
The last Return On Invested Capital (20.99%) for AVS is above the 3 year average (16.68%), which is a sign of increasing profitability.
| 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 68.33% of its industry peers.
AVS's Profit Margin has declined in the last couple of years.
AVS has a better Operating Margin (29.52%) than 75.00% of its industry peers.
In the last couple of years the Operating Margin of AVS has grown nicely.
Looking at the Gross Margin, with a value of 51.27%, AVS is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AVS is creating value.
Compared to 1 year ago, AVS has less shares outstanding
The number of shares outstanding for AVS has been increased compared to 5 years ago.
AVS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 12.21 indicates that AVS is not in any danger for bankruptcy at the moment.
The Altman-Z score of AVS (12.21) is better than 86.67% 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's Debt to FCF ratio of 0.05 is amongst the best of the industry. AVS outperforms 96.67% of its industry peers.
AVS has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
AVS has a better Debt to Equity ratio (0.01) than 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.21 |
ROIC/WACC2.04
WACC10.28%
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 Current ratio of 2.02. This is comparable to the rest of the industry: AVS outperforms 46.67% of its industry peers.
AVS has a Quick Ratio of 1.58. This is a normal value and indicates that AVS is financially healthy and should not expect problems in meeting its short term obligations.
AVS has a Quick ratio (1.58) which is in line with its industry peers.
| 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.
The Revenue has been growing by 21.13% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, AVS will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.39% on average per year.
The Revenue is expected to grow by 12.95% on average over the next years. This is quite good.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 29.34 indicates a quite expensive valuation of AVS.
AVS's Price/Earnings is on the same level as the industry average.
AVS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.65.
A Price/Forward Earnings ratio of 29.24 indicates a quite expensive valuation of AVS.
AVS's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.45. AVS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.34 | ||
| Fwd PE | 29.24 |
4.2 Price Multiples
AVS's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, AVS is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.18 | ||
| EV/EBITDA | 19.79 |
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)15.42
PEG (5Y)1.29
EPS Next 2Y6.59%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
AVS has a yearly dividend return of 0.60%, which is pretty low.
AVS's Dividend Yield is comparable with the industry average which is at 1.14.
With a Dividend Yield of 0.60, AVS pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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.
AVS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.03%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
FRA:AVS (11/24/2025, 7:00:00 PM)
476.8
+2.4 (+0.51%)
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 Cap23.52B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts80
Price Target628.68 (31.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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)9.61%
PT rev (3m)9.77%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)-2.17%
EPS NY rev (3m)-4.01%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-1.61%
Revenue NY rev (3m)-4.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.34 | ||
| Fwd PE | 29.24 | ||
| P/S | 7.21 | ||
| P/FCF | 31.18 | ||
| P/OCF | 20.54 | ||
| P/B | 6.59 | ||
| P/tB | 9.89 | ||
| EV/EBITDA | 19.79 |
EPS(TTM)16.25
EY3.41%
EPS(NY)16.31
Fwd EY3.42%
FCF(TTM)15.29
FCFY3.21%
OCF(TTM)23.21
OCFY4.87%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.42
PEG (5Y)1.29
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 | 12.21 |
F-Score6
WACC10.28%
ROIC/WACC2.04
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%.