ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - FRA:ASME - NL0010273215 - Common Stock
886.9 EUR
-6.5 (-0.73%)
We assign a fundamental rating of 7 out of 10 to ASME. ASME was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. ASME gets an excellent profitability rating and is at the same time showing great financial health properties. ASME is valued quite expensive, but it does show an excellent growth. This makes ASME very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year ASME was profitable.
In the past year ASME had a positive cash flow from operations.
Each year in the past 5 years ASME has been profitable.
ASME had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 20.71%, ASME belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
ASME's Return On Equity of 47.39% is amongst the best of the industry. ASME outperforms 90.32% of its industry peers.
The Return On Invested Capital of ASME (32.62%) is better than 93.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ASME is significantly above the industry average of 14.29%.
The last Return On Invested Capital (32.62%) for ASME 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
ASME's Profit Margin of 31.73% is amongst the best of the industry. ASME outperforms 93.55% of its industry peers.
In the last couple of years the Profit Margin of ASME has grown nicely.
With an excellent Operating Margin value of 37.74%, ASME belongs to the best of the industry, outperforming 88.71% of the companies in the same industry.
ASME's Operating Margin has improved in the last couple of years.
ASME's Gross Margin of 51.93% is fine compared to the rest of the industry. ASME outperforms 66.13% of its industry peers.
ASME'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
ASME 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 ASME remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ASME has less shares outstanding
Compared to 1 year ago, ASME has an improved debt to assets ratio.
2.2 Solvency
ASME has an Altman-Z score of 9.63. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.63, ASME is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
The Debt to FCF ratio of ASME is 0.51, which is an excellent value as it means it would take ASME, only 0.51 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.51, ASME belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
ASME has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
ASME has a Debt to Equity ratio of 0.17. This is comparable to the rest of the industry: ASME outperforms 58.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.63 |
ROIC/WACC3.2
WACC10.18%
2.3 Liquidity
ASME has a Current Ratio of 1.41. This is a normal value and indicates that ASME is financially healthy and should not expect problems in meeting its short term obligations.
ASME has a Current ratio of 1.41. This is amonst the worse of the industry: ASME underperforms 87.10% of its industry peers.
ASME has a Quick Ratio of 1.41. This is a bad value and indicates that ASME is not financially healthy enough and could expect problems in meeting its short term obligations.
ASME has a worse Quick ratio (0.79) than 83.87% of its industry peers.
The current and quick ratio evaluation for ASME 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 37.61% over the past year.
Measured over the past years, ASME shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.62% on average per year.
ASME shows a small growth in Revenue. In the last year, the Revenue has grown by 2.56%.
Measured over the past years, ASME shows a quite strong growth in Revenue. The Revenue has been growing by 19.05% on average per year.
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
The Earnings Per Share is expected to grow by 18.31% on average over the next years. This is quite good.
ASME 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.
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 36.62, which means the current valuation is very expensive for ASME.
ASME's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ASME to the average of the S&P500 Index (26.28), we can say ASME is valued slightly more expensively.
ASME is valuated quite expensively with a Price/Forward Earnings ratio of 33.88.
Based on the Price/Forward Earnings ratio, ASME is valued a bit more expensive than the industry average as 61.29% of the companies are valued more cheaply.
ASME is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 33.61, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.62 | ||
| Fwd PE | 33.88 |
4.2 Price Multiples
64.52% of the companies in the same industry are cheaper than ASME, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASME indicates a somewhat cheap valuation: ASME is cheaper than 67.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.02 | ||
| EV/EBITDA | 25.28 |
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 ASME may justify a higher PE ratio.
A more expensive valuation may be justified as ASME's earnings are expected to grow with 19.07% in the coming years.
PEG (NY)1.22
PEG (5Y)1.43
EPS Next 2Y16.65%
EPS Next 3Y19.07%
5. Dividend
5.1 Amount
With a yearly dividend of 0.73%, ASME is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.31, ASME pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.73, ASME pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
The dividend of ASME is nicely growing with an annual growth rate of 14.61%!
Dividend Growth(5Y)14.61%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
24.55% of the earnings are spent on dividend by ASME. This is a low number and sustainable payout ratio.
ASME's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.55%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
FRA:ASME (11/10/2025, 7:00:00 PM)
886.9
-6.5 (-0.73%)
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 Cap344.25B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts76.59
Price Target935.03 (5.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP24.55%
Div Incr Years1
Div Non Decr Years1
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)19.69%
PT rev (3m)22.56%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)-0.12%
EPS NY rev (1m)3.13%
EPS NY rev (3m)4.52%
Revenue NQ rev (1m)-0.5%
Revenue NQ rev (3m)-0.81%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.62 | ||
| Fwd PE | 33.88 | ||
| P/S | 10.7 | ||
| P/FCF | 37.02 | ||
| P/OCF | 27.77 | ||
| P/B | 15.99 | ||
| P/tB | 29.23 | ||
| EV/EBITDA | 25.28 |
EPS(TTM)24.22
EY2.73%
EPS(NY)26.18
Fwd EY2.95%
FCF(TTM)23.96
FCFY2.7%
OCF(TTM)31.94
OCFY3.6%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.22
PEG (5Y)1.43
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 | 9.63 |
F-Score8
WACC10.18%
ROIC/WACC3.2
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 / ASME.DE FAQ
What is the fundamental rating for ASME stock?
ChartMill assigns a fundamental rating of 7 / 10 to ASME.DE.
What is the valuation status of ASML HOLDING NV (ASME.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to ASML HOLDING NV (ASME.DE). This can be considered as Overvalued.
Can you provide the profitability details for ASML HOLDING NV?
ASML HOLDING NV (ASME.DE) has a profitability rating of 9 / 10.
Can you provide the financial health for ASME stock?
The financial health rating of ASML HOLDING NV (ASME.DE) is 7 / 10.
Can you provide the dividend sustainability for ASME stock?
The dividend rating of ASML HOLDING NV (ASME.DE) is 5 / 10 and the dividend payout ratio is 24.55%.