ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - FRA:ASME - NL0010273215 - Common Stock
844.2 EUR
+28.1 (+3.44%)
Taking everything into account, ASME scores 7 out of 10 in our fundamental rating. ASME was compared to 65 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 shows excellent growth, but is valued quite expensive already. These ratings would make ASME suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
ASME had positive earnings in the past year.
In the past year ASME had a positive cash flow from operations.
In the past 5 years ASME has always been profitable.
In the past 5 years ASME always reported a positive cash flow from operatings.
1.2 Ratios
ASME's Return On Assets of 19.14% is amongst the best of the industry. ASME outperforms 83.08% of its industry peers.
ASME has a better Return On Equity (43.78%) than 86.15% of its industry peers.
The Return On Invested Capital of ASME (30.33%) is better than 90.77% of its industry peers.
ASME had an Average Return On Invested Capital over the past 3 years of 27.63%. This is significantly above the industry average of 14.69%.
The 3 year average ROIC (27.63%) for ASME 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
ASME has a Profit Margin of 29.31%. This is amongst the best in the industry. ASME outperforms 86.15% of its industry peers.
ASME's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 34.90%, ASME belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
ASME's Operating Margin has improved in the last couple of years.
ASME has a Gross Margin of 52.58%. This is in the better half of the industry: ASME outperforms 66.15% of its industry peers.
In the last couple of years the Gross Margin of ASME has grown nicely.
| 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
ASME has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
ASME has about the same amout of shares outstanding than it did 1 year ago.
ASME has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ASME has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 9.29 indicates that ASME is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.29, ASME is in the better half of the industry, outperforming 70.77% 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.
The Debt to FCF ratio of ASME (0.51) is better than 83.08% of its industry peers.
ASME has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ASME (0.17) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 9.29 |
ROIC/WACC2.96
WACC10.25%
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.
The Current ratio of ASME (1.41) is worse than 86.15% 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.
With a Quick ratio value of 0.79, ASME is not doing good in the industry: 86.15% of the companies in the same industry are doing better.
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
ASME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.22%, which is quite impressive.
ASME 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 grown by 26.41% in the past year. This is a very strong growth!
The Revenue has been growing by 19.05% on average over the past years. This is quite good.
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
Based on estimates for the next years, ASME will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.19% on average per year.
The Revenue is expected to grow by 10.98% on average over the next years. This is quite good.
EPS Next Y26.11%
EPS Next 2Y15%
EPS Next 3Y17.12%
EPS Next 5Y17.19%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 35.15, ASME can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as ASME.
Compared to an average S&P500 Price/Earnings ratio of 27.34, ASME is valued a bit more expensive.
ASME is valuated quite expensively with a Price/Forward Earnings ratio of 33.18.
66.15% of the companies in the same industry are cheaper than ASME, based on the Price/Forward Earnings ratio.
ASME's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.15 | ||
| Fwd PE | 33.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASME is valued a bit more expensive than 64.62% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ASME is valued a bit cheaper than 66.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.54 | ||
| EV/EBITDA | 26.69 |
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 17.12% in the coming years.
PEG (NY)1.35
PEG (5Y)1.37
EPS Next 2Y15%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
ASME has a yearly dividend return of 0.76%, which is pretty low.
Compared to an average industry Dividend Yield of 1.13, ASME pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, ASME's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
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
26.57% of the earnings are spent on dividend by ASME. This is a low number and sustainable payout ratio.
ASME'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%
EPS Next 3Y17.12%
FRA:ASME (10/13/2025, 7:00:00 PM)
844.2
+28.1 (+3.44%)
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 Cap327.68B
Analysts76.59
Price Target781.19 (-7.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend6.24
Dividend Growth(5Y)14.61%
DP26.57%
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)2.73%
PT rev (3m)-0.71%
EPS NQ rev (1m)0.29%
EPS NQ rev (3m)-8.74%
EPS NY rev (1m)0.17%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.82%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.15 | ||
| Fwd PE | 33.18 | ||
| P/S | 10.19 | ||
| P/FCF | 35.54 | ||
| P/OCF | 29.27 | ||
| P/B | 15.22 | ||
| P/tB | 27.82 | ||
| EV/EBITDA | 26.69 |
EPS(TTM)24.02
EY2.85%
EPS(NY)25.44
Fwd EY3.01%
FCF(TTM)23.75
FCFY2.81%
OCF(TTM)28.84
OCFY3.42%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.35
PEG (5Y)1.37
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 | 9.29 |
F-Score8
WACC10.25%
ROIC/WACC2.96
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 5Y17.19%
Revenue 1Y (TTM)26.41%
Revenue growth 3Y14.94%
Revenue growth 5Y19.05%
Sales Q2Q%23.21%
Revenue Next Year16.46%
Revenue Next 2Y9.97%
Revenue Next 3Y11.18%
Revenue Next 5Y10.98%
EBIT growth 1Y37.16%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
EBIT Next 5Y17.17%
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%