ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - FRA:AVS - NL0000334118 - Common Stock
550.4 EUR
-9.8 (-1.75%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 58 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 expensive, but it does show an excellent growth. These ratings would make AVS suitable for growth and quality 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.
Each year in the past 5 years AVS had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 10.47%, AVS is doing good in the industry, outperforming 63.79% of the companies in the same industry.
AVS has a Return On Equity of 14.77%. This is comparable to the rest of the industry: AVS outperforms 58.62% of its industry peers.
The Return On Invested Capital of AVS (20.99%) is better than 86.21% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVS is above the industry average of 14.08%.
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
Looking at the Profit Margin, with a value of 16.16%, AVS is in the better half of the industry, outperforming 63.79% of the companies in the same industry.
AVS's Profit Margin has declined in the last couple of years.
AVS has a Operating Margin of 29.52%. This is in the better half of the industry: AVS outperforms 74.14% of its industry peers.
In the last couple of years the Operating Margin of AVS has grown nicely.
AVS has a better Gross Margin (51.27%) than 62.07% of its industry peers.
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.
The number of shares outstanding for AVS has been reduced compared to 1 year ago.
AVS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AVS has been reduced compared to a year ago.
2.2 Solvency
AVS has an Altman-Z score of 13.89. This indicates that AVS is financially healthy and has little risk of bankruptcy at the moment.
AVS has a Altman-Z score of 13.89. This is amongst the best in the industry. AVS outperforms 89.66% 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.
With an excellent Debt to FCF ratio value of 0.05, AVS belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
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 94.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.89 |
ROIC/WACC2.08
WACC10.1%
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 in line with its industry, outperforming 43.10% of the companies in the same industry.
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 39.19% 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.
AVS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.12%.
The Revenue has been growing by 21.13% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)39.19%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%55.03%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.98%
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 13.39% yearly.
AVS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.59% yearly.
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
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
Based on the Price/Earnings ratio of 33.83, the valuation of AVS can be described as expensive.
AVS's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.13. AVS is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 31.77, which means the current valuation is very expensive for AVS.
AVS's Price/Forward Earnings ratio is in line with the industry average.
AVS is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.83 | ||
| Fwd PE | 31.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVS is valued a bit more expensive than the industry average as 60.34% of the companies are valued more cheaply.
72.41% of the companies in the same industry are more expensive than AVS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.99 | ||
| EV/EBITDA | 23.24 |
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.
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)8.14
PEG (5Y)1.49
EPS Next 2Y9.87%
EPS Next 3Y13.26%
5. Dividend
5.1 Amount
With a yearly dividend of 0.53%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is a higher than the industry average which is at 1.10.
Compared to an average S&P500 Dividend Yield of 2.39, AVS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
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 (11/5/2025, 7:00:00 PM)
550.4
-9.8 (-1.75%)
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 Cap27.15B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.17
Price Target595.88 (8.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
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)3.04%
PT rev (3m)-1.51%
EPS NQ rev (1m)-4.21%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-13.07%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.83 | ||
| Fwd PE | 31.77 | ||
| P/S | 8.32 | ||
| P/FCF | 35.99 | ||
| P/OCF | 23.71 | ||
| P/B | 7.61 | ||
| P/tB | 11.41 | ||
| EV/EBITDA | 23.24 |
EPS(TTM)16.27
EY2.96%
EPS(NY)17.32
Fwd EY3.15%
FCF(TTM)15.29
FCFY2.78%
OCF(TTM)23.21
OCFY4.22%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)8.14
PEG (5Y)1.49
Graham Number162.74
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 | 13.89 |
F-Score6
WACC10.1%
ROIC/WACC2.08
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)39.19%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%55.03%
EPS Next Y4.16%
EPS Next 2Y9.87%
EPS Next 3Y13.26%
EPS Next 5Y13.39%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.98%
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%
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 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 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 4.16% in the next year.
Can you provide the dividend sustainability for AVS stock?
The dividend rating of ASM INTERNATIONAL NV (AVS.DE) is 5 / 10 and the dividend payout ratio is 28.03%.