ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - FRA:AVS - NL0000334118 - Common Stock
431.1 EUR
+3.9 (+0.91%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 54 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 expensively, but it does show have an excellent growth rating. 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.
AVS had positive earnings in each of the past 5 years.
AVS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AVS has a Return On Assets of 10.21%. This is comparable to the rest of the industry: AVS outperforms 59.26% of its industry peers.
AVS's Return On Equity of 14.07% is in line compared to the rest of the industry. AVS outperforms 55.56% of its industry peers.
The Return On Invested Capital of AVS (20.16%) is better than 83.33% 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 15.12%.
The last Return On Invested Capital (20.16%) for AVS is above the 3 year average (16.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.21% | ||
| ROE | 14.07% | ||
| ROIC | 20.16% |
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
With a Profit Margin value of 16.16%, AVS perfoms like the industry average, outperforming 57.41% of the companies in the same industry.
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 72.22% of the companies in the same industry.
In the last couple of years the Operating Margin of AVS has grown nicely.
AVS has a better Gross Margin (51.27%) than 62.96% 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.
The number of shares outstanding for AVS has been reduced compared to 1 year ago.
Compared to 5 years ago, AVS has more shares outstanding
AVS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 11.55 indicates that AVS is not in any danger for bankruptcy at the moment.
AVS has a Altman-Z score of 11.55. This is amongst the best in the industry. AVS outperforms 88.89% 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 94.44% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AVS is not too dependend on debt financing.
AVS has a better Debt to Equity ratio (0.01) than 94.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 11.55 |
ROIC/WACC1.97
WACC10.22%
2.3 Liquidity
A Current Ratio of 2.01 indicates that AVS has no problem at all paying its short term obligations.
With a Current ratio value of 2.01, AVS is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
AVS has a Quick Ratio of 1.54. 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 (1.54) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.36% over the past year.
The Earnings Per Share has been growing by 22.75% on average over the past years. This is a very strong growth
AVS shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.46%.
AVS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.13% yearly.
EPS 1Y (TTM)25.36%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%5.11%
Revenue 1Y (TTM)25.46%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%18.34%
3.2 Future
AVS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.58% yearly.
AVS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.03% yearly.
EPS Next Y6.16%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
EPS Next 5Y17.58%
Revenue Next Year12.36%
Revenue Next 2Y10.04%
Revenue Next 3Y12.06%
Revenue Next 5Y14.03%
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
AVS is valuated quite expensively with a Price/Earnings ratio of 29.17.
The rest of the industry has a similar Price/Earnings ratio as AVS.
AVS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 24.77 indicates a rather expensive valuation of AVS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVS is on the same level as its industry peers.
AVS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.17 | ||
| Fwd PE | 24.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVS is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, AVS is valued a bit cheaper than the industry average as 70.37% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.19 | ||
| EV/EBITDA | 17.11 |
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.
AVS's earnings are expected to grow with 13.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.74
PEG (5Y)1.28
EPS Next 2Y10.12%
EPS Next 3Y13.44%
5. Dividend
5.1 Amount
With a yearly dividend of 0.70%, AVS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.36, AVS has a dividend in line with its industry peers.
With a Dividend Yield of 0.70, AVS pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
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 27.94% 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.
DP27.94%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
FRA:AVS (9/12/2025, 7:00:00 PM)
431.1
+3.9 (+0.91%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners55.65%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap21.27B
Analysts76.8
Price Target578.32 (34.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP27.94%
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)-0.4%
PT rev (3m)-5.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.39%
EPS NY rev (1m)-11.4%
EPS NY rev (3m)-11.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.54%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-3.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.17 | ||
| Fwd PE | 24.77 | ||
| P/S | 6.52 | ||
| P/FCF | 28.19 | ||
| P/OCF | 18.58 | ||
| P/B | 5.68 | ||
| P/tB | 8.15 | ||
| EV/EBITDA | 17.11 |
EPS(TTM)14.78
EY3.43%
EPS(NY)17.4
Fwd EY4.04%
FCF(TTM)15.29
FCFY3.55%
OCF(TTM)23.2
OCFY5.38%
SpS66.13
BVpS75.96
TBVpS52.91
PEG (NY)4.74
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.21% | ||
| ROE | 14.07% | ||
| ROCE | 24.31% | ||
| ROIC | 20.16% | ||
| ROICexc | 26.31% | ||
| ROICexgc | 42.06% | ||
| 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%
ROICexcg growth 3Y7.62%
ROICexcg 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-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.02 | ||
| Cap/Depr | 171.37% | ||
| Cap/Sales | 11.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.12% | ||
| Profit Quality | 143.11% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 11.55 |
F-Score7
WACC10.22%
ROIC/WACC1.97
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)25.36%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%5.11%
EPS Next Y6.16%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
EPS Next 5Y17.58%
Revenue 1Y (TTM)25.46%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%18.34%
Revenue Next Year12.36%
Revenue Next 2Y10.04%
Revenue Next 3Y12.06%
Revenue Next 5Y14.03%
EBIT growth 1Y49.01%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year47.32%
EBIT Next 3Y26.85%
EBIT Next 5Y20.92%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.3%
OCF growth 3Y33.11%
OCF growth 5Y12.92%