ASML HOLDING NV (1ASML.MI) Stock Fundamental Analysis
Europe - BIT:1ASML - NL0010273215 - Common Stock
811.8 EUR
+2.4 (+0.3%)
We assign a fundamental rating of 7 out of 10 to 1ASML. 1ASML was compared to 56 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making 1ASML a very profitable company, without any liquidiy or solvency issues. 1ASML is valued quite expensive, but it does show an excellent growth. These ratings would make 1ASML suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
1ASML had positive earnings in the past year.
In the past year 1ASML had a positive cash flow from operations.
1ASML had positive earnings in each of the past 5 years.
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 19.14%, 1ASML belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
1ASML's Return On Equity of 43.78% is amongst the best of the industry. 1ASML outperforms 92.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 30.33%, 1ASML belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1ASML is significantly above the industry average of 15.12%.
The last Return On Invested Capital (30.33%) for 1ASML is above the 3 year average (27.63%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 29.31%, 1ASML belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
1ASML's Profit Margin has improved in the last couple of years.
1ASML has a Operating Margin of 34.90%. This is amongst the best in the industry. 1ASML outperforms 91.07% of its industry peers.
1ASML's Operating Margin has improved in the last couple of years.
1ASML has a Gross Margin of 52.58%. This is in the better half of the industry: 1ASML outperforms 73.21% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1ASML is creating value.
The number of shares outstanding for 1ASML remains at a similar level compared to 1 year ago.
1ASML has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, 1ASML has an improved debt to assets ratio.
2.2 Solvency
1ASML has an Altman-Z score of 9.11. This indicates that 1ASML is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.11, 1ASML is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 0.51, 1ASML belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that 1ASML is not too dependend on debt financing.
1ASML's Debt to Equity ratio of 0.17 is in line compared to the rest of the industry. 1ASML outperforms 58.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.11 |
ROIC/WACC3.14
WACC9.66%
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 80.36% 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 Quick ratio of 0.79. This is amonst the worse of the industry: 1ASML underperforms 82.14% of its industry peers.
The current and quick ratio evaluation for 1ASML is rather negative, while it does have 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.
The Earnings Per Share has been growing by 25.62% on average over the past years. This is a very strong growth
The Revenue has grown by 26.41% in the past year. This is a very strong growth!
Measured over the past years, 1ASML shows a quite strong growth in Revenue. The Revenue has been growing by 19.05% on average per year.
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
1ASML is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.24% yearly.
Based on estimates for the next years, 1ASML will show a quite strong growth in Revenue. The Revenue will grow by 11.02% on average per year.
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.24%
Revenue Next Year15.84%
Revenue Next 2Y9.3%
Revenue Next 3Y10.51%
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
The Price/Earnings ratio is 33.80, which means the current valuation is very expensive for 1ASML.
1ASML's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.54, 1ASML is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 31.90, the valuation of 1ASML can be described as expensive.
1ASML's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1ASML is more expensive than 64.29% of the companies in the same industry.
1ASML's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.8 | ||
| Fwd PE | 31.9 |
4.2 Price Multiples
1ASML's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1ASML is more expensive than 62.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1ASML is valued a bit cheaper than the industry average as 67.86% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.68 | ||
| EV/EBITDA | 26.04 |
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.
1ASML's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.29
PEG (5Y)1.32
EPS Next 2Y15%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
With a yearly dividend of 0.80%, 1ASML is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.13, 1ASML pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.80, 1ASML pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
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
26.57% of the earnings are spent on dividend by 1ASML. This is a low number and sustainable payout ratio.
The dividend of 1ASML is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP26.57%
EPS Next 2Y15%
EPS Next 3Y17.12%
BIT:1ASML (9/25/2025, 7:00:00 PM)
811.8
+2.4 (+0.3%)
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 Cap319.71B
Analysts75.61
Price Target758.63 (-6.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
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)0.32%
PT rev (3m)-3.36%
EPS NQ rev (1m)-0.29%
EPS NQ rev (3m)-8.37%
EPS NY rev (1m)0.17%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-5.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.8 | ||
| Fwd PE | 31.9 | ||
| P/S | 9.94 | ||
| P/FCF | 34.68 | ||
| P/OCF | 28.56 | ||
| P/B | 14.85 | ||
| P/tB | 27.14 | ||
| EV/EBITDA | 26.04 |
EPS(TTM)24.02
EY2.96%
EPS(NY)25.44
Fwd EY3.13%
FCF(TTM)23.41
FCFY2.88%
OCF(TTM)28.42
OCFY3.5%
SpS81.67
BVpS54.67
TBVpS29.91
PEG (NY)1.29
PEG (5Y)1.32
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 | 9.11 |
F-Score8
WACC9.66%
ROIC/WACC3.14
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 Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
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 2Y9.3%
Revenue Next 3Y10.51%
Revenue Next 5Y11.02%
EBIT growth 1Y37.16%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
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%