ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AVS - NL0000334118 - Common Stock
578.8 EUR
+24 (+4.33%)
AVS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 65 industry peers in the Semiconductors & Semiconductor Equipment industry. AVS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. AVS shows excellent growth, but is valued quite expensive already. This makes AVS very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year AVS was profitable.
AVS had a positive operating cash flow in the past year.
In the past 5 years AVS has always been profitable.
AVS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.47%, AVS is in line with its industry, outperforming 60.00% of the companies in the same industry.
AVS's Return On Equity of 14.77% is in line compared to the rest of the industry. AVS outperforms 52.31% of its industry peers.
With a decent Return On Invested Capital value of 20.99%, AVS is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 15.03%.
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
AVS has a better Profit Margin (16.16%) than 61.54% of its industry peers.
In the last couple of years the Profit Margin of AVS has declined.
With a decent Operating Margin value of 29.52%, AVS is doing good in the industry, outperforming 69.23% of the companies in the same industry.
AVS's Operating Margin has improved in the last couple of years.
AVS has a Gross Margin of 51.27%. This is comparable to the rest of the industry: AVS outperforms 60.00% of its industry peers.
In the last couple of years the Gross Margin of AVS has grown nicely.
| 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
AVS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, AVS has an improved debt to assets ratio.
2.2 Solvency
AVS has an Altman-Z score of 14.26. This indicates that AVS is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 14.26, AVS belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
AVS has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
AVS has a better Debt to FCF ratio (0.05) than 95.38% 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 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 14.26 |
ROIC/WACC1.99
WACC10.55%
2.3 Liquidity
AVS has a Current Ratio of 2.02. This indicates that AVS is financially healthy and has no problem in meeting its short term obligations.
AVS has a worse Current ratio (2.02) than 64.62% 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.
The Quick ratio of AVS (1.58) is worse than 64.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
AVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.01%, which is quite impressive.
The Earnings Per Share has been growing by 22.75% on average over the past years. This is a very strong growth
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
The Earnings Per Share is expected to grow by 13.72% on average over the next years. This is quite good.
The Revenue is expected to grow by 12.58% on average over the next years. This is quite good.
EPS Next Y2.9%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
EPS Next 5Y13.72%
Revenue Next Year6.42%
Revenue Next 2Y7.43%
Revenue Next 3Y10.88%
Revenue Next 5Y12.58%
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.
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
With a Price/Earnings ratio of 35.62, AVS can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as AVS.
AVS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.17.
A Price/Forward Earnings ratio of 35.50 indicates a quite expensive valuation of AVS.
69.23% of the companies in the same industry are cheaper than AVS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, AVS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.62 | ||
| Fwd PE | 35.5 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AVS.
Based on the Price/Free Cash Flow ratio, AVS is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.85 | ||
| EV/EBITDA | 24.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AVS does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AVS may justify a higher PE ratio.
A more expensive valuation may be justified as AVS's earnings are expected to grow with 13.20% in the coming years.
PEG (NY)12.29
PEG (5Y)1.57
EPS Next 2Y6.59%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.58%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is comparable with the industry average which is at 0.81.
With a Dividend Yield of 0.58, AVS pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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
28.03% of the earnings are spent on dividend by AVS. This is a low number and 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 3Y13.2%
FRA:AVS (1/5/2026, 7:00:00 PM)
578.8
+24 (+4.33%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners60.72%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap28.55B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target635.31 (9.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.58% |
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)1.06%
PT rev (3m)10.76%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-4.21%
EPS NY rev (1m)0.77%
EPS NY rev (3m)-1.21%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-2.99%
Revenue NY rev (1m)-0.73%
Revenue NY rev (3m)-3.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.62 | ||
| Fwd PE | 35.5 | ||
| P/S | 8.75 | ||
| P/FCF | 37.85 | ||
| P/OCF | 24.94 | ||
| P/B | 8 | ||
| P/tB | 12 | ||
| EV/EBITDA | 24.02 |
EPS(TTM)16.25
EY2.81%
EPS(NY)16.3
Fwd EY2.82%
FCF(TTM)15.29
FCFY2.64%
OCF(TTM)23.21
OCFY4.01%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)12.29
PEG (5Y)1.57
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 | 14.26 |
F-Score6
WACC10.55%
ROIC/WACC1.99
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 Y2.9%
EPS Next 2Y6.59%
EPS Next 3Y13.2%
EPS Next 5Y13.72%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
Revenue Next Year6.42%
Revenue Next 2Y7.43%
Revenue Next 3Y10.88%
Revenue Next 5Y12.58%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year43.93%
EBIT Next 3Y22.06%
EBIT Next 5Y21.04%
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 6 / 10 to AVS.DE.
What is the valuation status of ASM INTERNATIONAL NV (AVS.DE) stock?
ChartMill assigns a valuation rating of 2 / 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 6 / 10.
What are the PE and PB ratios of ASM INTERNATIONAL NV (AVS.DE) stock?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (AVS.DE) is 35.62 and the Price/Book (PB) ratio is 8.
What is the financial health of ASM INTERNATIONAL NV (AVS.DE) stock?
The financial health rating of ASM INTERNATIONAL NV (AVS.DE) is 7 / 10.