ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - FRA:AVS - NL0000334118 - Common Stock
543.6 EUR
+12.8 (+2.41%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 65 industry peers in the Semiconductors & Semiconductor Equipment industry. AVS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AVS is valued quite expensively, but it does show have an excellent growth rating. These ratings could make AVS a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
AVS had positive earnings in the past year.
In the past year AVS had a positive cash flow from operations.
AVS had positive earnings in each of the past 5 years.
In the past 5 years AVS always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 10.47%, AVS is doing good in the industry, outperforming 64.62% of the companies in the same industry.
AVS has a Return On Equity (14.77%) which is comparable to the rest of the industry.
With an excellent Return On Invested Capital value of 20.99%, AVS belongs to the best of the industry, outperforming 86.15% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AVS is in line with the industry average of 14.69%.
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
AVS has a better Profit Margin (16.16%) than 61.54% of its industry peers.
AVS's Profit Margin has declined in the last couple of years.
AVS's Operating Margin of 29.52% is fine compared to the rest of the industry. AVS outperforms 73.85% of its industry peers.
AVS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 51.27%, AVS is doing good in the industry, outperforming 63.08% 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
AVS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
AVS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AVS has more shares outstanding
The debt/assets ratio for AVS has been reduced compared to a year ago.
2.2 Solvency
AVS has an Altman-Z score of 13.55. This indicates that AVS is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 13.55, AVS belongs to the best of the industry, outperforming 86.15% 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's Debt to FCF ratio of 0.05 is amongst the best of the industry. AVS outperforms 93.85% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AVS is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.01, AVS belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.55 |
ROIC/WACC2.04
WACC10.28%
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.
Looking at the Current ratio, with a value of 2.02, AVS is doing worse than 60.00% of the companies in the same industry.
A Quick Ratio of 1.58 indicates that AVS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.58, AVS is in line with its industry, outperforming 41.54% 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 25.36% 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.
Looking at the last year, AVS shows a very strong growth in Revenue. The Revenue has grown by 25.46%.
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)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
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.
Based on estimates for the next years, AVS will show a quite strong growth in Revenue. The Revenue will grow by 12.59% on average per year.
EPS Next Y4.16%
EPS Next 2Y9.87%
EPS Next 3Y13.26%
EPS Next 5Y13.39%
Revenue Next Year9.88%
Revenue Next 2Y8.55%
Revenue Next 3Y10.91%
Revenue Next 5Y12.59%
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.
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 36.78 indicates a quite expensive valuation of AVS.
60.00% of the companies in the same industry are cheaper than AVS, based on the Price/Earnings ratio.
AVS is valuated rather expensively when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 31.38 indicates a quite expensive valuation of AVS.
Based on the Price/Forward Earnings ratio, AVS is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, AVS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.78 | ||
| Fwd PE | 31.38 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AVS.
AVS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AVS is cheaper than 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.54 | ||
| EV/EBITDA | 22.56 |
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 13.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)8.85
PEG (5Y)1.62
EPS Next 2Y9.87%
EPS Next 3Y13.26%
5. Dividend
5.1 Amount
With a yearly dividend of 0.55%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is comparable with the industry average which is at 1.13.
Compared to an average S&P500 Dividend Yield of 2.44, AVS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
5.2 History
The dividend of AVS is nicely growing with an annual growth rate of 6.39%!
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 2Y9.87%
EPS Next 3Y13.26%
FRA:AVS (10/13/2025, 7:00:00 PM)
543.6
+12.8 (+2.41%)
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 Cap26.82B
Analysts79.17
Price Target573.58 (5.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
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)-0.9%
PT rev (3m)-6.16%
EPS NQ rev (1m)0.52%
EPS NQ rev (3m)-7.74%
EPS NY rev (1m)-1.88%
EPS NY rev (3m)-13.07%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-3.72%
Revenue NY rev (1m)-2.21%
Revenue NY rev (3m)-5.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.78 | ||
| Fwd PE | 31.38 | ||
| P/S | 8.22 | ||
| P/FCF | 35.54 | ||
| P/OCF | 23.42 | ||
| P/B | 7.51 | ||
| P/tB | 11.27 | ||
| EV/EBITDA | 22.56 |
EPS(TTM)14.78
EY2.72%
EPS(NY)17.32
Fwd EY3.19%
FCF(TTM)15.29
FCFY2.81%
OCF(TTM)23.21
OCFY4.27%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)8.85
PEG (5Y)1.62
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%
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-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 | 13.55 |
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)25.36%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%5.11%
EPS Next Y4.16%
EPS Next 2Y9.87%
EPS Next 3Y13.26%
EPS Next 5Y13.39%
Revenue 1Y (TTM)25.46%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%18.34%
Revenue Next Year9.88%
Revenue Next 2Y8.55%
Revenue Next 3Y10.91%
Revenue Next 5Y12.59%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year48.08%
EBIT Next 3Y22.95%
EBIT Next 5Y20.55%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.36%
OCF growth 3Y33.11%
OCF growth 5Y12.92%