ASM INTERNATIONAL NV (ASM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASM - NL0000334118 - Common Stock
478.6 EUR
+9.3 (+1.98%)
We assign a fundamental rating of 7 out of 10 to ASM. ASM was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. ASM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ASM is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make ASM a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
ASM had positive earnings in the past year.
ASM had a positive operating cash flow in the past year.
Each year in the past 5 years ASM has been profitable.
ASM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ASM's Return On Assets of 10.47% is fine compared to the rest of the industry. ASM outperforms 67.74% of its industry peers.
Looking at the Return On Equity, with a value of 14.77%, ASM is in line with its industry, outperforming 58.06% of the companies in the same industry.
With an excellent Return On Invested Capital value of 20.99%, ASM belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ASM is in line with the industry average of 14.81%.
The 3 year average ROIC (16.68%) for ASM is below the current ROIC(20.99%), indicating increased profibility in the last year.
| 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
With a decent Profit Margin value of 16.16%, ASM is doing good in the industry, outperforming 66.13% of the companies in the same industry.
ASM's Profit Margin has declined in the last couple of years.
ASM has a Operating Margin of 29.52%. This is in the better half of the industry: ASM outperforms 75.81% of its industry peers.
In the last couple of years the Operating Margin of ASM has grown nicely.
ASM has a better Gross Margin (51.27%) than 64.52% of its industry peers.
ASM'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
ASM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for ASM has been reduced compared to 1 year ago.
The number of shares outstanding for ASM has been increased compared to 5 years ago.
The debt/assets ratio for ASM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 12.06 indicates that ASM is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 12.06, ASM belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
The Debt to FCF ratio of ASM is 0.05, which is an excellent value as it means it would take ASM, 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, ASM belongs to the best of the industry, outperforming 98.39% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that ASM is not too dependend on debt financing.
ASM's Debt to Equity ratio of 0.01 is amongst the best of the industry. ASM outperforms 95.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 12.06 |
ROIC/WACC2
WACC10.52%
2.3 Liquidity
A Current Ratio of 2.02 indicates that ASM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.02, ASM is in line with its industry, outperforming 41.94% of the companies in the same industry.
ASM has a Quick Ratio of 1.58. This is a normal value and indicates that ASM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.58, ASM perfoms like the industry average, outperforming 45.16% of the companies in the same industry.
| 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.
ASM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.75% yearly.
Looking at the last year, ASM shows a quite strong growth in Revenue. The Revenue has grown by 19.12% in the last year.
The Revenue has been growing by 21.13% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 13.72% on average over the next years. This is quite good.
Based on estimates for the next years, ASM will show a quite strong growth in Revenue. The Revenue will grow by 12.58% on average per year.
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 29.45, which means the current valuation is very expensive for ASM.
67.74% of the companies in the same industry are more expensive than ASM, based on the Price/Earnings ratio.
ASM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 29.35, ASM can be considered very expensive at the moment.
ASM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of ASM to the average of the S&P500 Index (36.22), we can say ASM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.45 | ||
| Fwd PE | 29.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ASM is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.29 | ||
| EV/EBITDA | 19.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASM does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of ASM may justify a higher PE ratio.
ASM's earnings are expected to grow with 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)15.48
PEG (5Y)1.29
EPS Next 2Y6.59%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
ASM has a yearly dividend return of 0.64%, which is pretty low.
Compared to an average industry Dividend Yield of 1.14, ASM has a dividend in line with its industry peers.
With a Dividend Yield of 0.64, ASM pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.64% |
5.2 History
The dividend of ASM is nicely growing with an annual growth rate of 6.39%!
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
28.03% of the earnings are spent on dividend by ASM. This is a low number and sustainable payout ratio.
The dividend of ASM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.03%
EPS Next 2Y6.59%
EPS Next 3Y12.94%
AMS:ASM (12/2/2025, 5:35:15 PM)
478.6
+9.3 (+1.98%)
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 Cap23.61B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts80
Price Target628.68 (31.36%)
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 Years5
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)9.58%
PT rev (3m)9.66%
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 | 29.45 | ||
| Fwd PE | 29.35 | ||
| P/S | 7.24 | ||
| P/FCF | 31.29 | ||
| P/OCF | 20.62 | ||
| P/B | 6.62 | ||
| P/tB | 9.92 | ||
| EV/EBITDA | 19.48 |
EPS(TTM)16.25
EY3.4%
EPS(NY)16.31
Fwd EY3.41%
FCF(TTM)15.29
FCFY3.2%
OCF(TTM)23.21
OCFY4.85%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.48
PEG (5Y)1.29
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 | 12.06 |
F-Score6
WACC10.52%
ROIC/WACC2
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 / ASM.AS FAQ
Can you provide the ChartMill fundamental rating for ASM INTERNATIONAL NV?
ChartMill assigns a fundamental rating of 7 / 10 to ASM.AS.
What is the valuation status of ASM INTERNATIONAL NV (ASM.AS) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASM INTERNATIONAL NV (ASM.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for ASM INTERNATIONAL NV?
ASM INTERNATIONAL NV (ASM.AS) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for ASM stock?
The Price/Earnings (PE) ratio for ASM INTERNATIONAL NV (ASM.AS) is 29.45 and the Price/Book (PB) ratio is 6.62.
What is the financial health of ASM INTERNATIONAL NV (ASM.AS) stock?
The financial health rating of ASM INTERNATIONAL NV (ASM.AS) is 8 / 10.