ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AVS - NL0000334118 - Common Stock
471.3 EUR
-0.4 (-0.08%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 62 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 growing strongly while it is still valued neutral. This is a good combination! 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.
AVS had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 10.47%, AVS is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
AVS has a Return On Equity (14.77%) which is comparable to the rest of the industry.
AVS has a better Return On Invested Capital (20.99%) than 82.26% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVS is in line with the industry average of 14.81%.
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's Profit Margin of 16.16% is fine compared to the rest of the industry. AVS outperforms 66.13% 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 75.81% of its industry peers.
In the last couple of years the Operating Margin of AVS has grown nicely.
The Gross Margin of AVS (51.27%) is better than 64.52% 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
Compared to 5 years ago, AVS has more shares outstanding
AVS has a better debt/assets ratio than last year.
2.2 Solvency
AVS has an Altman-Z score of 12.10. This indicates that AVS is financially healthy and has little risk of bankruptcy at the moment.
AVS's Altman-Z score of 12.10 is amongst the best of the industry. AVS outperforms 80.65% of its industry peers.
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 98.39% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that AVS is not too dependend on debt financing.
AVS's Debt to Equity ratio of 0.01 is amongst the best of the industry. AVS outperforms 95.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.1 |
ROIC/WACC2.03
WACC10.32%
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 Current ratio (2.02) which is comparable to the rest of the industry.
A Quick Ratio of 1.58 indicates that AVS should not have too much problems paying 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.
The Earnings Per Share has been growing by 22.75% on average over the past years. This is a very strong growth
AVS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.12%.
AVS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.13% yearly.
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 13.72% on average per year.
The Revenue is expected to grow by 12.58% on average over the next years. This is quite good.
EPS Next Y1.9%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
EPS Next 5Y13.72%
Revenue Next Year8.12%
Revenue Next 2Y7.68%
Revenue Next 3Y10.89%
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
The Price/Earnings ratio is 29.00, which means the current valuation is very expensive for AVS.
AVS's Price/Earnings ratio is a bit cheaper when compared to the industry. AVS is cheaper than 67.74% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. AVS is around the same levels.
With a Price/Forward Earnings ratio of 28.91, AVS can be considered very expensive at the moment.
AVS's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.56, AVS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29 | ||
| Fwd PE | 28.91 |
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 79.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.82 | ||
| EV/EBITDA | 19.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 12.94% in the coming years.
PEG (NY)15.25
PEG (5Y)1.28
EPS Next 2Y6.59%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
With a yearly dividend of 0.64%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is comparable with the industry average which is at 1.14.
Compared to an average S&P500 Dividend Yield of 2.32, AVS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.64% |
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 (11/28/2025, 7:00:00 PM)
471.3
-0.4 (-0.08%)
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 Cap23.25B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts80
Price Target628.68 (33.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.64% |
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 | ||
| Fwd PE | 28.91 | ||
| P/S | 7.13 | ||
| P/FCF | 30.82 | ||
| P/OCF | 20.3 | ||
| P/B | 6.51 | ||
| P/tB | 9.77 | ||
| EV/EBITDA | 19.56 |
EPS(TTM)16.25
EY3.45%
EPS(NY)16.31
Fwd EY3.46%
FCF(TTM)15.29
FCFY3.24%
OCF(TTM)23.21
OCFY4.93%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.25
PEG (5Y)1.28
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 | 12.1 |
F-Score6
WACC10.32%
ROIC/WACC2.03
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 5Y13.72%
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 5Y12.58%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year48.08%
EBIT Next 3Y22.95%
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 7 / 10 to AVS.DE.
Can you provide the valuation status for ASM INTERNATIONAL NV?
ChartMill assigns a valuation rating of 4 / 10 to ASM INTERNATIONAL NV (AVS.DE). This can be considered as Fairly Valued.
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%.