ASML HOLDING NV (1ASML.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1ASML - NL0010273215 - Common Stock
859.7 EUR
+3.6 (+0.42%)
We assign a fundamental rating of 7 out of 10 to 1ASML. 1ASML was compared to 60 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make 1ASML suitable 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.
Each year in the past 5 years 1ASML has been profitable.
In the past 5 years 1ASML always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.71%, 1ASML belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
The Return On Equity of 1ASML (47.39%) is better than 93.33% of its industry peers.
1ASML has a better Return On Invested Capital (32.62%) than 93.33% of its industry peers.
1ASML had an Average Return On Invested Capital over the past 3 years of 27.67%. This is significantly above the industry average of 15.39%.
The last Return On Invested Capital (32.62%) for 1ASML is above the 3 year average (27.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROIC | 32.62% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
1.3 Margins
The Profit Margin of 1ASML (31.73%) is better than 93.33% of its industry peers.
In the last couple of years the Profit Margin of 1ASML has grown nicely.
The Operating Margin of 1ASML (37.74%) is better than 88.33% of its industry peers.
1ASML's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 51.93%, 1ASML is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
1ASML's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% |
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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 9.45 indicates that 1ASML is not in any danger for bankruptcy at the moment.
The Altman-Z score of 1ASML (9.45) is better than 71.67% of its industry peers.
The Debt to FCF ratio of 1ASML is 0.51, which is an excellent value as it means it would take 1ASML, only 0.51 years of fcf income to pay off all of its debts.
1ASML has a Debt to FCF ratio of 0.51. This is amongst the best in the industry. 1ASML outperforms 90.00% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that 1ASML is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.17, 1ASML is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.45 |
ROIC/WACC3.18
WACC10.27%
2.3 Liquidity
A Current Ratio of 1.41 indicates that 1ASML should not have too much problems paying its short term obligations.
1ASML has a Current ratio of 1.41. This is in the lower half of the industry: 1ASML underperforms 76.67% of its industry peers.
1ASML has a Quick Ratio of 1.41. This is a bad value and indicates that 1ASML is not financially healthy enough and could expect problems in meeting its short term obligations.
1ASML has a worse Quick ratio (0.79) than 71.67% 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 37.61% over the past year.
1ASML shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.62% yearly.
The Revenue has been growing slightly by 2.56% in the past year.
The Revenue has been growing by 19.05% on average over the past years. This is quite good.
EPS 1Y (TTM)37.61%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%3.79%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%0.65%
3.2 Future
Based on estimates for the next years, 1ASML will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.31% on average per year.
1ASML is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.71% yearly.
EPS Next Y30.06%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
EPS Next 5Y18.31%
Revenue Next Year16.78%
Revenue Next 2Y10.26%
Revenue Next 3Y11.51%
Revenue Next 5Y11.71%
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.
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
With a Price/Earnings ratio of 35.50, 1ASML can be considered very expensive at the moment.
1ASML's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of 1ASML to the average of the S&P500 Index (25.98), we can say 1ASML is valued slightly more expensively.
The Price/Forward Earnings ratio is 32.84, which means the current valuation is very expensive for 1ASML.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1ASML is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 35.79. 1ASML is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.5 | ||
| Fwd PE | 32.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1ASML.
Based on the Price/Free Cash Flow ratio, 1ASML is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.88 | ||
| EV/EBITDA | 24.65 |
4.3 Compensation for Growth
1ASML's 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.
A more expensive valuation may be justified as 1ASML's earnings are expected to grow with 19.07% in the coming years.
PEG (NY)1.18
PEG (5Y)1.39
EPS Next 2Y16.65%
EPS Next 3Y19.07%
5. Dividend
5.1 Amount
1ASML has a yearly dividend return of 0.74%, which is pretty low.
Compared to an average industry Dividend Yield of 1.14, 1ASML pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, 1ASML's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
5.2 History
On average, the dividend of 1ASML grows each year by 14.61%, which is quite nice.
Dividend Growth(5Y)14.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ASML pays out 24.55% of its income as dividend. This is a sustainable payout ratio.
The dividend of 1ASML is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.55%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
BIT:1ASML (11/25/2025, 7:00:00 PM)
859.7
+3.6 (+0.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners43.25%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap333.69B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts76.59
Price Target947.74 (10.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP24.55%
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)21.41%
PT rev (3m)25.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.12%
EPS NY rev (1m)3.13%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.5 | ||
| Fwd PE | 32.84 | ||
| P/S | 10.37 | ||
| P/FCF | 35.88 | ||
| P/OCF | 26.92 | ||
| P/B | 15.5 | ||
| P/tB | 28.33 | ||
| EV/EBITDA | 24.65 |
EPS(TTM)24.22
EY2.82%
EPS(NY)26.18
Fwd EY3.05%
FCF(TTM)23.96
FCFY2.79%
OCF(TTM)31.94
OCFY3.71%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.18
PEG (5Y)1.39
Graham Number173.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.71% | ||
| ROE | 47.39% | ||
| ROCE | 39.61% | ||
| ROIC | 32.62% | ||
| ROICexc | 42.72% | ||
| ROICexgc | 73.26% | ||
| OM | 37.74% | ||
| PM (TTM) | 31.73% | ||
| GM | 51.93% | ||
| FCFM | 28.91% |
ROA(3y)17.06%
ROA(5y)16.62%
ROE(3y)48.22%
ROE(5y)44.12%
ROIC(3y)27.67%
ROIC(5y)25.41%
ROICexc(3y)41.66%
ROICexc(5y)38.87%
ROICexgc(3y)84.2%
ROICexgc(5y)83.08%
ROCE(3y)33.6%
ROCE(5y)30.86%
ROICexgc growth 3Y-12.45%
ROICexgc growth 5Y21.45%
ROICexc growth 3Y-3.42%
ROICexc growth 5Y22.02%
OM growth 3Y-1.42%
OM growth 5Y8.87%
PM growth 3Y-3.59%
PM growth 5Y6.23%
GM growth 3Y-0.04%
GM growth 5Y4.04%
F-Score8
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 250.54% | ||
| Cap/Sales | 9.63% | ||
| Interest Coverage | 85.97 | ||
| Cash Conversion | 92.68% | ||
| Profit Quality | 91.13% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 9.45 |
F-Score8
WACC10.27%
ROIC/WACC3.18
Cap/Depr(3y)273.2%
Cap/Depr(5y)236.91%
Cap/Sales(3y)11.06%
Cap/Sales(5y)10.7%
Profit Quality(3y)88.17%
Profit Quality(5y)105.34%
High Growth Momentum
Growth
EPS 1Y (TTM)37.61%
EPS 3Y10.24%
EPS 5Y25.62%
EPS Q2Q%3.79%
EPS Next Y30.06%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
EPS Next 5Y18.31%
Revenue 1Y (TTM)2.56%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%0.65%
Revenue Next Year16.78%
Revenue Next 2Y10.26%
Revenue Next 3Y11.51%
Revenue Next 5Y11.71%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
EBIT Next 5Y18.27%
FCF growth 1Y58.59%
FCF growth 3Y-2.76%
FCF growth 5Y30.05%
OCF growth 1Y43.18%
OCF growth 3Y2.19%
OCF growth 5Y27.61%
ASML HOLDING NV / 1ASML.MI FAQ
What is the ChartMill fundamental rating of ASML HOLDING NV (1ASML.MI) stock?
ChartMill assigns a fundamental rating of 7 / 10 to 1ASML.MI.
What is the valuation status of ASML HOLDING NV (1ASML.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASML HOLDING NV (1ASML.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ASML HOLDING NV?
ASML HOLDING NV (1ASML.MI) has a profitability rating of 9 / 10.
What is the valuation of ASML HOLDING NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASML HOLDING NV (1ASML.MI) is 35.5 and the Price/Book (PB) ratio is 15.5.
What is the expected EPS growth for ASML HOLDING NV (1ASML.MI) stock?
The Earnings per Share (EPS) of ASML HOLDING NV (1ASML.MI) is expected to grow by 30.06% in the next year.