ASML HOLDING NV (ASME.DE) Stock Fundamental Analysis
FRA:ASME - NL0010273215 - Common Stock
683 EUR
+23.1 (+3.5%)
ASME gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 53 industry peers in the Semiconductors & Semiconductor Equipment industry. ASME has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ASME is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! 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
ASME's Return On Assets of 19.14% is amongst the best of the industry. ASME outperforms 84.91% of its industry peers.
ASME's Return On Equity of 43.78% is amongst the best of the industry. ASME outperforms 90.57% of its industry peers.
ASME's Return On Invested Capital of 30.33% is amongst the best of the industry. ASME outperforms 90.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASME is significantly above the industry average of 15.12%.
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 better Profit Margin (29.31%) than 86.79% of its industry peers.
In the last couple of years the Profit Margin of ASME has grown nicely.
ASME's Operating Margin of 34.90% is amongst the best of the industry. ASME outperforms 88.68% of its industry peers.
In the last couple of years the Operating Margin of ASME has grown nicely.
ASME has a Gross Margin of 52.58%. This is in the better half of the industry: ASME outperforms 69.81% of its industry peers.
ASME'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), ASME is creating value.
Compared to 1 year ago, ASME has about the same amount of shares outstanding.
Compared to 5 years ago, ASME has less shares outstanding
The debt/assets ratio for ASME has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.96 indicates that ASME is not in any danger for bankruptcy at the moment.
ASME's Altman-Z score of 7.96 is fine compared to the rest of the industry. ASME outperforms 67.92% of its industry peers.
ASME 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, ASME belongs to the best of the industry, outperforming 88.68% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that ASME is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.17, ASME is in the better half of the industry, outperforming 60.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.51 | ||
| Altman-Z | 7.96 |
ROIC/WACC2.98
WACC10.19%
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 81.13% 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 83.02% 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
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.
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 very strong growth in Revenue. The Revenue has grown by 26.41%.
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
ASME is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.24% yearly.
The Revenue is expected to grow by 11.02% on average over the next years. This is quite good.
EPS Next Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
EPS Next 5Y17.24%
Revenue Next Year15.84%
Revenue Next 2Y9.76%
Revenue Next 3Y10.66%
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.
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
Based on the Price/Earnings ratio of 28.43, the valuation of ASME can be described as expensive.
ASME's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.07. ASME is around the same levels.
A Price/Forward Earnings ratio of 26.58 indicates a quite expensive valuation of ASME.
ASME's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.59, ASME is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.43 | ||
| Fwd PE | 26.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ASME indicates a slightly more expensive valuation: ASME is more expensive than 62.26% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ASME indicates a somewhat cheap valuation: ASME is cheaper than 71.70% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.18 | ||
| EV/EBITDA | 21.67 |
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 17.44% in the coming years.
PEG (NY)1.1
PEG (5Y)1.11
EPS Next 2Y15.57%
EPS Next 3Y17.44%
5. Dividend
5.1 Amount
ASME has a Yearly Dividend Yield of 1.00%.
Compared to an average industry Dividend Yield of 1.40, ASME pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, ASME's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
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 26.57% of its income as dividend. This is a sustainable payout ratio.
The dividend of ASME is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP26.57%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
FRA:ASME (9/9/2025, 7:00:00 PM)
683
+23.1 (+3.5%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners50.81%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap268.99B
Analysts75.61
Price Target760.46 (11.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
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)-3.5%
PT rev (3m)-4.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.11%
EPS NY rev (1m)1.18%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-5.93%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.43 | ||
| Fwd PE | 26.58 | ||
| P/S | 8.36 | ||
| P/FCF | 29.18 | ||
| P/OCF | 24.03 | ||
| P/B | 12.49 | ||
| P/tB | 22.84 | ||
| EV/EBITDA | 21.67 |
EPS(TTM)24.02
EY3.52%
EPS(NY)25.7
Fwd EY3.76%
FCF(TTM)23.41
FCFY3.43%
OCF(TTM)28.42
OCFY4.16%
SpS81.67
BVpS54.67
TBVpS29.91
PEG (NY)1.1
PEG (5Y)1.11
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 | 7.96 |
F-Score8
WACC10.19%
ROIC/WACC2.98
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 Y25.9%
EPS Next 2Y15.57%
EPS Next 3Y17.44%
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 2Y9.76%
Revenue Next 3Y10.66%
Revenue Next 5Y11.02%
EBIT growth 1Y37.16%
EBIT growth 3Y9.72%
EBIT growth 5Y27.13%
EBIT Next Year33.08%
EBIT Next 3Y21.81%
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%