ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
FRA:AVS - NL0000334118 - Common Stock
422.2 EUR
-0.3 (-0.07%)
We assign a fundamental rating of 7 out of 10 to AVS. AVS was compared to 53 industry peers in the Semiconductors & Semiconductor Equipment industry. AVS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AVS is valued quite expensive, but it does show an excellent growth. These ratings could make AVS a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
AVS had positive earnings in the past year.
AVS had a positive operating cash flow in the past year.
In the past 5 years AVS has always been profitable.
AVS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AVS's Return On Assets of 10.21% is fine compared to the rest of the industry. AVS outperforms 62.26% of its industry peers.
Looking at the Return On Equity, with a value of 14.07%, AVS is in line with its industry, outperforming 58.49% of the companies in the same industry.
The Return On Invested Capital of AVS (20.16%) is better than 84.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVS is in line with the industry average of 15.12%.
The 3 year average ROIC (16.68%) for AVS is below the current ROIC(20.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.21% | ||
| ROE | 14.07% | ||
| ROIC | 20.16% |
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
AVS's Profit Margin of 16.16% is fine compared to the rest of the industry. AVS outperforms 60.38% of its industry peers.
AVS's Profit Margin has declined in the last couple of years.
AVS's Operating Margin of 29.52% is fine compared to the rest of the industry. AVS outperforms 73.58% of its industry peers.
AVS's Operating Margin has improved in the last couple of years.
AVS has a Gross Margin of 51.27%. This is in the better half of the industry: AVS outperforms 64.15% of its industry peers.
In the last couple of years the Gross Margin of AVS has grown nicely.
| 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
AVS 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 AVS has been reduced compared to 1 year ago.
The number of shares outstanding for AVS has been increased compared to 5 years ago.
The debt/assets ratio for AVS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 11.37 indicates that AVS is not in any danger for bankruptcy at the moment.
AVS's Altman-Z score of 11.37 is amongst the best of the industry. AVS outperforms 86.79% of its industry peers.
The Debt to FCF ratio of AVS is 0.05, which is an excellent value as it means it would take AVS, only 0.05 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.05, AVS belongs to the top of the industry, outperforming 98.11% of the companies in the same industry.
AVS has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
AVS has a better Debt to Equity ratio (0.01) than 96.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 11.37 |
ROIC/WACC1.97
WACC10.22%
2.3 Liquidity
AVS has a Current Ratio of 2.01. This indicates that AVS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AVS (2.01) is comparable to the rest of the industry.
A Quick Ratio of 1.54 indicates that AVS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.54, AVS is in line with its industry, outperforming 43.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
AVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.36%, which is quite impressive.
AVS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.75% yearly.
The Revenue has grown by 25.46% in the past year. This is a very strong growth!
AVS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.13% yearly.
EPS 1Y (TTM)25.36%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%5.11%
Revenue 1Y (TTM)25.46%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%18.34%
3.2 Future
AVS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.58% yearly.
AVS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.03% yearly.
EPS Next Y6.16%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
EPS Next 5Y17.58%
Revenue Next Year12.63%
Revenue Next 2Y10.87%
Revenue Next 3Y12.13%
Revenue Next 5Y14.03%
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 28.57, AVS can be considered very expensive at the moment.
AVS's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of AVS to the average of the S&P500 Index (27.07), we can say AVS is valued inline with the index average.
AVS is valuated rather expensively with a Price/Forward Earnings ratio of 24.26.
The rest of the industry has a similar Price/Forward Earnings ratio as AVS.
The average S&P500 Price/Forward Earnings ratio is at 22.59. AVS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.57 | ||
| Fwd PE | 24.26 |
4.2 Price Multiples
AVS's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AVS indicates a somewhat cheap valuation: AVS is cheaper than 77.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.61 | ||
| EV/EBITDA | 16.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of AVS may justify a higher PE ratio.
AVS's earnings are expected to grow with 13.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.64
PEG (5Y)1.26
EPS Next 2Y10.12%
EPS Next 3Y13.44%
5. Dividend
5.1 Amount
AVS has a yearly dividend return of 0.73%, which is pretty low.
AVS's Dividend Yield is comparable with the industry average which is at 1.40.
With a Dividend Yield of 0.73, AVS pays less dividend than the S&P500 average, which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
5.2 History
On average, the dividend of AVS grows each year by 6.39%, which is quite nice.
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
AVS pays out 27.94% of its income as dividend. This is a sustainable payout ratio.
The dividend of AVS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP27.94%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
FRA:AVS (9/9/2025, 7:00:00 PM)
422.2
-0.3 (-0.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners55.65%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap20.83B
Analysts76.8
Price Target578.79 (37.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.73% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP27.94%
Div Incr Years2
Div Non Decr Years3
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)-4.33%
PT rev (3m)-5.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.39%
EPS NY rev (1m)-11.4%
EPS NY rev (3m)-11.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.54%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-2.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.57 | ||
| Fwd PE | 24.26 | ||
| P/S | 6.38 | ||
| P/FCF | 27.61 | ||
| P/OCF | 18.19 | ||
| P/B | 5.56 | ||
| P/tB | 7.98 | ||
| EV/EBITDA | 16.75 |
EPS(TTM)14.78
EY3.5%
EPS(NY)17.4
Fwd EY4.12%
FCF(TTM)15.29
FCFY3.62%
OCF(TTM)23.2
OCFY5.5%
SpS66.13
BVpS75.96
TBVpS52.91
PEG (NY)4.64
PEG (5Y)1.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.21% | ||
| ROE | 14.07% | ||
| ROCE | 24.31% | ||
| ROIC | 20.16% | ||
| ROICexc | 26.31% | ||
| ROICexgc | 42.06% | ||
| 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%
ROICexcg growth 3Y7.62%
ROICexcg 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-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.02 | ||
| Cap/Depr | 171.37% | ||
| Cap/Sales | 11.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.12% | ||
| Profit Quality | 143.11% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 11.37 |
F-Score7
WACC10.22%
ROIC/WACC1.97
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)25.36%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%5.11%
EPS Next Y6.16%
EPS Next 2Y10.12%
EPS Next 3Y13.44%
EPS Next 5Y17.58%
Revenue 1Y (TTM)25.46%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%18.34%
Revenue Next Year12.63%
Revenue Next 2Y10.87%
Revenue Next 3Y12.13%
Revenue Next 5Y14.03%
EBIT growth 1Y49.01%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year47.32%
EBIT Next 3Y26.85%
EBIT Next 5Y20.92%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.3%
OCF growth 3Y33.11%
OCF growth 5Y12.92%