ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ASME - NL0010273215 - Common Stock
945.4 EUR
-30.1 (-3.09%)
Overall ASME gets a fundamental rating of 7 out of 10. We evaluated ASME against 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. These ratings could make ASME a good candidate 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.
ASME had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ASME (20.71%) is better than 91.94% of its industry peers.
Looking at the Return On Equity, with a value of 47.39%, ASME belongs to the top of the industry, outperforming 91.94% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 32.62%, ASME belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
ASME had an Average Return On Invested Capital over the past 3 years of 27.67%. This is significantly above the industry average of 14.81%.
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 has a better Profit Margin (31.73%) than 93.55% of its industry peers.
ASME's Profit Margin has improved in the last couple of years.
The Operating Margin of ASME (37.74%) is better than 88.71% of its industry peers.
In the last couple of years the Operating Margin of ASME has grown nicely.
ASME has a Gross Margin of 51.93%. This is in the better half of the industry: ASME outperforms 69.35% of its industry peers.
In the last couple of years the Gross Margin of ASME has grown nicely.
| 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.
Compared to 1 year ago, ASME has about the same amount of shares outstanding.
ASME has less shares outstanding than it did 5 years ago.
ASME has a better debt/assets ratio than last year.
2.2 Solvency
ASME has an Altman-Z score of 10.45. This indicates that ASME is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 10.45, ASME is doing good in the industry, outperforming 74.19% 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.
Looking at the Debt to FCF ratio, with a value of 0.51, ASME belongs to the top of the industry, outperforming 88.71% 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.
The Debt to Equity ratio of ASME (0.17) is better than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 10.45 |
ROIC/WACC3.1
WACC10.51%
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's Current ratio of 1.41 is on the low side compared to the rest of the industry. ASME is outperformed by 85.48% 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: 80.65% of the companies in the same industry are doing better.
ASME 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
ASME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.61%, which is quite impressive.
The Earnings Per Share has been growing by 25.62% on average over the past years. This is a very strong growth
Looking at the last year, ASME shows a small growth in Revenue. The Revenue has grown by 2.56% in the last 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, ASME will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.67% on average per year.
The Revenue is expected to grow by 11.58% on average over the next years. This is quite good.
EPS Next Y30.06%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
EPS Next 5Y18.67%
Revenue Next Year16.78%
Revenue Next 2Y10.26%
Revenue Next 3Y11.51%
Revenue Next 5Y11.58%
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 39.03, which means the current valuation is very expensive for ASME.
ASME's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.46, ASME is valued a bit more expensive.
A Price/Forward Earnings ratio of 36.11 indicates a quite expensive valuation of ASME.
ASME's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ASME is more expensive than 64.52% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASME to the average of the S&P500 Index (36.10), we can say ASME is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.03 | ||
| Fwd PE | 36.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASME is valued a bit more expensive than 62.90% of the companies in the same industry.
67.74% of the companies in the same industry are more expensive than ASME, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.46 | ||
| EV/EBITDA | 28.12 |
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)1.3
PEG (5Y)1.52
EPS Next 2Y16.65%
EPS Next 3Y19.07%
5. Dividend
5.1 Amount
ASME has a yearly dividend return of 0.73%, which is pretty low.
ASME's Dividend Yield is a higher than the industry average which is at 1.14.
With a Dividend Yield of 0.73, ASME pays less dividend than the S&P500 average, which is at 2.32.
| 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
ASME pays out 24.55% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASME is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.55%
EPS Next 2Y16.65%
EPS Next 3Y19.07%
FRA:ASME (12/4/2025, 7:00:00 PM)
945.4
-30.1 (-3.09%)
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 Cap366.96B
Revenue(TTM)28.26B
Net Income(TTM)10.20B
Analysts76.59
Price Target947.2 (0.19%)
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)21.25%
PT rev (3m)25.24%
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 | 39.03 | ||
| Fwd PE | 36.11 | ||
| P/S | 11.41 | ||
| P/FCF | 39.46 | ||
| P/OCF | 29.6 | ||
| P/B | 17.04 | ||
| P/tB | 31.16 | ||
| EV/EBITDA | 28.12 |
EPS(TTM)24.22
EY2.56%
EPS(NY)26.18
Fwd EY2.77%
FCF(TTM)23.96
FCFY2.53%
OCF(TTM)31.94
OCFY3.38%
SpS82.86
BVpS55.47
TBVpS30.34
PEG (NY)1.3
PEG (5Y)1.52
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 | 10.45 |
F-Score8
WACC10.51%
ROIC/WACC3.1
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 5Y18.67%
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 5Y11.58%
EBIT growth 1Y40.28%
EBIT growth 3Y13.31%
EBIT growth 5Y29.61%
EBIT Next Year34.32%
EBIT Next 3Y18.15%
EBIT Next 5Y17.86%
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 8 / 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%.