ASM INTERNATIONAL NV (AVS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AVS - NL0000334118 - Common Stock
542.8 EUR
-6.2 (-1.13%)
We assign a fundamental rating of 6 out of 10 to AVS. AVS was compared to 65 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 shows excellent growth, but is valued quite expensive already. These ratings could make AVS a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year AVS was profitable.
AVS had a positive operating cash flow in the past year.
In the past 5 years AVS has always been profitable.
Each year in the past 5 years AVS had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.47%, AVS is in the better half of the industry, outperforming 64.62% of the companies in the same industry.
The Return On Equity of AVS (14.77%) is comparable to the rest of the industry.
AVS's Return On Invested Capital of 20.99% is amongst the best of the industry. AVS outperforms 81.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVS is in line with the industry average of 15.14%.
The 3 year average ROIC (16.68%) for AVS is below the current ROIC(20.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROIC | 20.99% |
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
The Profit Margin of AVS (16.16%) is better than 63.08% of its industry peers.
In the last couple of years the Profit Margin of AVS has declined.
AVS has a Operating Margin of 29.52%. This is in the better half of the industry: AVS outperforms 75.38% of its industry peers.
AVS's Operating Margin has improved in the last couple of years.
AVS's Gross Margin of 51.27% is fine compared to the rest of the industry. AVS outperforms 63.08% of its industry peers.
AVS's Gross Margin has improved in the last couple of years.
| 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.
Compared to 1 year ago, AVS has less shares outstanding
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 13.54 indicates that AVS is not in any danger for bankruptcy at the moment.
AVS has a Altman-Z score of 13.54. This is amongst the best in the industry. AVS outperforms 86.15% 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.
With an excellent Debt to FCF ratio value of 0.05, AVS belongs to the best of the industry, outperforming 96.92% 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.
With an excellent Debt to Equity ratio value of 0.01, AVS belongs to the best of the industry, outperforming 93.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 13.54 |
ROIC/WACC1.94
WACC10.8%
2.3 Liquidity
A Current Ratio of 2.02 indicates that AVS has no problem at all paying its short term obligations.
With a Current ratio value of 2.02, AVS is not doing good in the industry: 63.08% of the companies in the same industry are doing better.
AVS has a Quick Ratio of 1.58. This is a normal value and indicates that AVS is financially healthy and should not expect problems in meeting its short term obligations.
AVS has a worse Quick ratio (1.58) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.01% over the past year.
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 19.12% in the past year. This is quite good.
Measured over the past years, AVS shows a very strong growth in Revenue. The Revenue has been growing by 21.13% on average per year.
EPS 1Y (TTM)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
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 13.72% yearly.
AVS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.58% yearly.
EPS Next Y2.11%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
EPS Next 5Y13.72%
Revenue Next Year7.2%
Revenue Next 2Y7.56%
Revenue Next 3Y10.81%
Revenue Next 5Y12.58%
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
With a Price/Earnings ratio of 33.40, AVS can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as AVS.
When comparing the Price/Earnings ratio of AVS to the average of the S&P500 Index (26.76), we can say AVS is valued slightly more expensively.
A Price/Forward Earnings ratio of 33.54 indicates a quite expensive valuation of AVS.
61.54% of the companies in the same industry are cheaper than AVS, based on the Price/Forward Earnings ratio.
AVS's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.4 | ||
| Fwd PE | 33.54 |
4.2 Price Multiples
AVS's Enterprise Value to EBITDA is on the same level as the industry average.
AVS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AVS is cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.49 | ||
| EV/EBITDA | 22.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AVS does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AVS may justify a higher PE ratio.
AVS's earnings are expected to grow with 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)15.85
PEG (5Y)1.47
EPS Next 2Y6.2%
EPS Next 3Y12.94%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, AVS is not a good candidate for dividend investing.
AVS's Dividend Yield is comparable with the industry average which is at 1.18.
Compared to an average S&P500 Dividend Yield of 2.31, AVS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
5.2 History
The dividend of AVS is nicely growing with an annual growth rate of 6.39%!
Dividend Growth(5Y)6.39%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
28.03% of the earnings are spent on dividend by AVS. This is a low number and sustainable payout ratio.
The dividend of AVS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.03%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
FRA:AVS (12/11/2025, 7:00:00 PM)
542.8
-6.2 (-1.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners62.69%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap26.78B
Revenue(TTM)3.28B
Net Income(TTM)527.26M
Analysts79.2
Price Target629.09 (15.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
Yearly Dividend2.76
Dividend Growth(5Y)6.39%
DP28.03%
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)5.57%
PT rev (3m)8.69%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)0.2%
EPS NY rev (3m)-3.82%
Revenue NQ rev (1m)-2.99%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-0.85%
Revenue NY rev (3m)-4.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.4 | ||
| Fwd PE | 33.54 | ||
| P/S | 8.21 | ||
| P/FCF | 35.49 | ||
| P/OCF | 23.38 | ||
| P/B | 7.5 | ||
| P/tB | 11.26 | ||
| EV/EBITDA | 22.52 |
EPS(TTM)16.25
EY2.99%
EPS(NY)16.19
Fwd EY2.98%
FCF(TTM)15.29
FCFY2.82%
OCF(TTM)23.21
OCFY4.28%
SpS66.13
BVpS72.35
TBVpS48.23
PEG (NY)15.85
PEG (5Y)1.47
Graham Number162.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.47% | ||
| ROE | 14.77% | ||
| ROCE | 25.32% | ||
| ROIC | 20.99% | ||
| ROICexc | 20.99% | ||
| ROICexgc | 30.55% | ||
| 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%
ROICexgc growth 3Y7.62%
ROICexgc 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-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 171.78% | ||
| Cap/Sales | 11.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.19% | ||
| Profit Quality | 143.08% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 13.54 |
F-Score6
WACC10.8%
ROIC/WACC1.94
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)39.01%
EPS 3Y11.54%
EPS 5Y22.75%
EPS Q2Q%54.24%
EPS Next Y2.11%
EPS Next 2Y6.2%
EPS Next 3Y12.94%
EPS Next 5Y13.72%
Revenue 1Y (TTM)19.12%
Revenue growth 3Y19.24%
Revenue growth 5Y21.13%
Sales Q2Q%2.75%
Revenue Next Year7.2%
Revenue Next 2Y7.56%
Revenue Next 3Y10.81%
Revenue Next 5Y12.58%
EBIT growth 1Y48.89%
EBIT growth 3Y17.93%
EBIT growth 5Y29.04%
EBIT Next Year44.18%
EBIT Next 3Y22.01%
EBIT Next 5Y21.04%
FCF growth 1Y106.92%
FCF growth 3Y33.54%
FCF growth 5Y7.13%
OCF growth 1Y84.36%
OCF growth 3Y33.11%
OCF growth 5Y12.92%
ASM INTERNATIONAL NV / AVS.DE FAQ
Can you provide the ChartMill fundamental rating for ASM INTERNATIONAL NV?
ChartMill assigns a fundamental rating of 6 / 10 to AVS.DE.
Can you provide the valuation status for ASM INTERNATIONAL NV?
ChartMill assigns a valuation rating of 2 / 10 to ASM INTERNATIONAL NV (AVS.DE). This can be considered as Overvalued.
How profitable is ASM INTERNATIONAL NV (AVS.DE) stock?
ASM INTERNATIONAL NV (AVS.DE) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for AVS stock?
The Earnings per Share (EPS) of ASM INTERNATIONAL NV (AVS.DE) is expected to grow by 2.11% in the next year.
Can you provide the dividend sustainability for AVS stock?
The dividend rating of ASM INTERNATIONAL NV (AVS.DE) is 4 / 10 and the dividend payout ratio is 28.03%.