ASML HOLDING NV (1ASML.MI) Stock Fundamental Analysis
BIT:1ASML - NL0010273215 - Common Stock
660.2 EUR
+29.2 (+4.63%)
Overall 1ASML gets a fundamental rating of 7 out of 10. We evaluated 1ASML against 53 industry peers in the Semiconductors & Semiconductor Equipment industry. 1ASML has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 1ASML is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, 1ASML could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year 1ASML was profitable.
In the past year 1ASML had a positive cash flow from operations.
In the past 5 years 1ASML has always been profitable.
Each year in the past 5 years 1ASML had a positive operating cash flow.
1.2 Ratios
1ASML's Return On Assets of 19.14% is amongst the best of the industry. 1ASML outperforms 83.02% of its industry peers.
1ASML has a Return On Equity of 43.78%. This is amongst the best in the industry. 1ASML outperforms 88.68% of its industry peers.
The Return On Invested Capital of 1ASML (30.33%) is better than 88.68% of its industry peers.
1ASML had an Average Return On Invested Capital over the past 3 years of 27.63%. This is significantly above the industry average of 15.12%.
The 3 year average ROIC (27.63%) for 1ASML is below the current ROIC(30.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 43.78% | ||
| ROIC | 30.33% |
ROA(3y)16.75%
ROA(5y)16.43%
ROE(3y)48.67%
ROE(5y)44.39%
ROIC(3y)27.63%
ROIC(5y)25.44%
1.3 Margins
1ASML's Profit Margin of 29.31% is amongst the best of the industry. 1ASML outperforms 84.91% of its industry peers.
In the last couple of years the Profit Margin of 1ASML has grown nicely.
The Operating Margin of 1ASML (34.90%) is better than 86.79% of its industry peers.
1ASML's Operating Margin has improved in the last couple of years.
1ASML has a better Gross Margin (52.58%) than 67.92% of its industry peers.
1ASML's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.9% | ||
| PM (TTM) | 29.31% | ||
| GM | 52.58% |
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1ASML is creating value.
Compared to 1 year ago, 1ASML has about the same amount of shares outstanding.
1ASML has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 1ASML has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.82 indicates that 1ASML is not in any danger for bankruptcy at the moment.
1ASML has a Altman-Z score of 7.82. This is in the better half of the industry: 1ASML outperforms 64.15% of its industry peers.
1ASML has a debt to FCF ratio of 0.51. This is a very positive value and a sign of high solvency as it would only need 0.51 years to pay back of all of its debts.
1ASML has a better Debt to FCF ratio (0.51) than 86.79% of its industry peers.
1ASML has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
1ASML has a Debt to Equity ratio (0.17) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 7.82 |
ROIC/WACC2.98
WACC10.19%
2.3 Liquidity
1ASML has a Current Ratio of 1.41. This is a normal value and indicates that 1ASML is financially healthy and should not expect problems in meeting its short term obligations.
1ASML has a worse Current ratio (1.41) than 83.02% of its industry peers.
A Quick Ratio of 0.79 indicates that 1ASML may have some problems paying its short term obligations.
1ASML has a worse Quick ratio (0.79) than 84.91% of its industry peers.
1ASML does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.22% over the past year.
Measured over the past years, 1ASML shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.62% on average per year.
1ASML shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.41%.
1ASML shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.05% yearly.
EPS 1Y (TTM)40.22%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%47.13%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%23.21%
3.2 Future
The Earnings Per Share is expected to grow by 17.24% on average over the next years. This is quite good.
1ASML is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.02% yearly.
EPS Next Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
EPS Next 5Y17.24%
Revenue Next Year15.84%
Revenue Next 2Y9.76%
Revenue Next 3Y10.66%
Revenue Next 5Y11.02%
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
A Price/Earnings ratio of 27.49 indicates a quite expensive valuation of 1ASML.
1ASML's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of 1ASML to the average of the S&P500 Index (27.06), we can say 1ASML is valued inline with the index average.
1ASML is valuated quite expensively with a Price/Forward Earnings ratio of 25.69.
Based on the Price/Forward Earnings ratio, 1ASML is valued a bit more expensive than the industry average as 60.38% of the companies are valued more cheaply.
1ASML is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.49 | ||
| Fwd PE | 25.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1ASML indicates a slightly more expensive valuation: 1ASML is more expensive than 64.15% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 1ASML is valued a bit cheaper than 69.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.2 | ||
| EV/EBITDA | 21.14 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of 1ASML may justify a higher PE ratio.
1ASML's earnings are expected to grow with 17.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)1.07
EPS Next 2Y15.57%
EPS Next 3Y17.44%
5. Dividend
5.1 Amount
1ASML has a Yearly Dividend Yield of 1.00%. Purely for dividend investing, there may be better candidates out there.
1ASML's Dividend Yield is a higher than the industry average which is at 1.40.
With a Dividend Yield of 1.00, 1ASML pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
5.2 History
The dividend of 1ASML is nicely growing with an annual growth rate of 14.61%!
Dividend Growth(5Y)14.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ASML pays out 26.57% of its income as dividend. This is a sustainable payout ratio.
1ASML's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP26.57%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
BIT:1ASML (9/5/2025, 7:00:00 PM)
660.2
+29.2 (+4.63%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap260.01B
Analysts75.61
Price Target761.88 (15.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP26.57%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.54%
Min EPS beat(2)1.85%
Max EPS beat(2)11.23%
EPS beat(4)3
Avg EPS beat(4)5.03%
Min EPS beat(4)-0.46%
Max EPS beat(4)11.23%
EPS beat(8)7
Avg EPS beat(8)5.91%
EPS beat(12)11
Avg EPS beat(12)7.64%
EPS beat(16)15
Avg EPS beat(16)7.77%
Revenue beat(2)1
Avg Revenue beat(2)-1.38%
Min Revenue beat(2)-3.04%
Max Revenue beat(2)0.27%
Revenue beat(4)3
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)2.45%
Revenue beat(8)5
Avg Revenue beat(8)-0.26%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.03%
PT rev (3m)-4.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.11%
EPS NY rev (1m)1.18%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-5.93%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.49 | ||
| Fwd PE | 25.69 | ||
| P/S | 8.08 | ||
| P/FCF | 28.2 | ||
| P/OCF | 23.23 | ||
| P/B | 12.08 | ||
| P/tB | 22.08 | ||
| EV/EBITDA | 21.14 |
EPS(TTM)24.02
EY3.64%
EPS(NY)25.7
Fwd EY3.89%
FCF(TTM)23.41
FCFY3.55%
OCF(TTM)28.42
OCFY4.3%
SpS81.67
BVpS54.67
TBVpS29.91
PEG (NY)1.06
PEG (5Y)1.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 43.78% | ||
| ROCE | 36.63% | ||
| ROIC | 30.33% | ||
| ROICexc | 39.72% | ||
| ROICexgc | 68.12% | ||
| OM | 34.9% | ||
| PM (TTM) | 29.31% | ||
| GM | 52.58% | ||
| FCFM | 28.66% |
ROA(3y)16.75%
ROA(5y)16.43%
ROE(3y)48.67%
ROE(5y)44.39%
ROIC(3y)27.63%
ROIC(5y)25.44%
ROICexc(3y)43.14%
ROICexc(5y)39.83%
ROICexgc(3y)80.76%
ROICexgc(5y)81.19%
ROCE(3y)33.37%
ROCE(5y)30.72%
ROICexcg growth 3Y-15.63%
ROICexcg growth 5Y18.79%
ROICexc growth 3Y0.79%
ROICexc growth 5Y25.18%
OM growth 3Y-4.54%
OM growth 5Y6.79%
PM growth 3Y-6.68%
PM growth 5Y4.17%
GM growth 3Y0.44%
GM growth 5Y4.34%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 206.83% | ||
| Cap/Sales | 6.14% | ||
| Interest Coverage | 79.5 | ||
| Cash Conversion | 91.9% | ||
| Profit Quality | 97.79% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 7.82 |
F-Score8
WACC10.19%
ROIC/WACC2.98
Cap/Depr(3y)258.74%
Cap/Depr(5y)228.24%
Cap/Sales(3y)8.6%
Cap/Sales(5y)9.22%
Profit Quality(3y)91.44%
Profit Quality(5y)107.3%
High Growth Momentum
Growth
EPS 1Y (TTM)40.22%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%47.13%
EPS Next Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
EPS Next 5Y17.24%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%23.21%
Revenue Next Year15.84%
Revenue Next 2Y9.76%
Revenue Next 3Y10.66%
Revenue Next 5Y11.02%
EBIT growth 1Y37.16%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year33.08%
EBIT Next 3Y21.81%
EBIT Next 5Y17.22%
FCF growth 1Y57.21%
FCF growth 3Y-3.05%
FCF growth 5Y29.82%
OCF growth 1Y29.28%
OCF growth 3Y-1.24%
OCF growth 5Y25.03%