(ASM) ASM International - Overview
Exchange: AS •
Country: Netherlands •
Currency: EUR •
Type: Common Stock •
ISIN: NL0000334118
Stock: Atomic Layer Deposition, Epitaxy, PECVD, LPCVD, Spare Parts
Total Rating 67
Risk 98
Buy Signal 0.06
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.60% |
| Yield on Cost 5y | 1.39% |
| Yield CAGR 5y | 10.67% |
| Payout Consistency | 63.0% |
| Payout Ratio | 25.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 44.7% |
| Relative Tail Risk | -14.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.70 |
| Alpha | 15.79 |
| Character TTM | |
|---|---|
| Beta | 0.527 |
| Beta Downside | 0.598 |
| Drawdowns 3y | |
|---|---|
| Max DD | 52.05% |
| CAGR/Max DD | 0.60 |
Description: ASM ASM International December 17, 2025
ASM International NV (ticker: ASM) designs, manufactures, and services semiconductor wafer-processing equipment, covering atomic layer deposition (ALD), epitaxy, silicon-carbide, PECVD, LPCVD, diffusion and oxidation tools, plus spare-parts support. The firm serves global chip makers across Europe, the United States and Asia and traces its origins to 1968, when it was incorporated as Advanced Semiconductor Materials International NV in Almere, the Netherlands.
Key recent data points: ASM reported FY 2023 revenue of approximately €1.9 billion, with a 13 % year-over-year increase driven largely by rising demand for ALD systems in advanced logic and memory nodes. The global ALD market is projected to grow at a CAGR of ~12 % through 2029, making it a primary growth engine for ASM. Additionally, the company’s exposure to silicon-carbide (SiC) power-device equipment aligns with the broader shift toward electric-vehicle power electronics, a sector expected to expand at a 9 % annual rate.
For a deeper quantitative view, check the ASM International profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income: 783.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 5.11 > 1.0 |
| NWC/Revenue: 40.61% < 20% (prev 41.15%; Δ -0.54% < -1%) |
| CFO/TA 0.22 > 3% & CFO 1.17b > Net Income 783.5m |
| Net Debt (-1.02b) to EBITDA (1.44b): -0.71 < 3 |
| Current Ratio: 2.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.1m) vs 12m ago 0.03% < -2% |
| Gross Margin: 51.86% > 18% (prev 0.50%; Δ 5136 % > 0.5%) |
| Asset Turnover: 66.04% > 50% (prev 58.67%; Δ 7.38% > 0%) |
| Interest Coverage Ratio: 634.9 > 6 (EBITDA TTM 1.44b / Interest Expense TTM 1.88m) |
Altman Z'' 8.46
| A: 0.25 (Total Current Assets 2.48b - Total Current Liabilities 1.15b) / Total Assets 5.25b |
| B: 0.70 (Retained Earnings 3.69b / Total Assets 5.25b) |
| C: 0.24 (EBIT TTM 1.20b / Avg Total Assets 4.97b) |
| D: 2.75 (Book Value of Equity 3.87b / Total Liabilities 1.41b) |
| Altman-Z'' Score: 8.46 = AAA |
Beneish M -3.07
| DSRI: 0.96 (Receivables 768.8m/674.8m, Revenue 3.28b/2.76b) |
| GMI: 0.96 (GM 51.86% / 49.80%) |
| AQI: 0.94 (AQ_t 0.41 / AQ_t-1 0.43) |
| SGI: 1.19 (Revenue 3.28b / 2.76b) |
| TATA: -0.07 (NI 783.5m - CFO 1.17b) / TA 5.25b) |
| Beneish M-Score: -3.07 (Cap -4..+1) = AA |
What is the price of ASM shares?
As of February 04, 2026, the stock is trading at EUR 695.00 with a total of 140,989 shares traded.
Over the past week, the price has changed by -4.03%, over one month by +20.53%, over three months by +23.40% and over the past year by +25.03%.
Over the past week, the price has changed by -4.03%, over one month by +20.53%, over three months by +23.40% and over the past year by +25.03%.
Is ASM a buy, sell or hold?
ASM International has no consensus analysts rating.
What are the forecasts/targets for the ASM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 758.6 | 9.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 854.5 | 22.9% |
ASM Fundamental Data Overview February 03, 2026
Market Cap USD = 41.03b (34.61b EUR * 1.1854 EUR.USD)
P/E Trailing = 44.5157
P/E Forward = 38.7597
P/S = 10.5405
P/B = 8.9023
P/EG = 2.3581
Revenue TTM = 3.28b EUR
EBIT TTM = 1.20b EUR
EBITDA TTM = 1.44b EUR
Long Term Debt = 23.6m EUR (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 11.7m EUR (from shortTermDebt, last fiscal year)
Debt = 57.3m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.02b EUR (from netDebt column, last quarter)
Enterprise Value = 33.59b EUR (34.61b + Debt 57.3m - CCE 1.08b)
Interest Coverage Ratio = 634.9 (Ebit TTM 1.20b / Interest Expense TTM 1.88m)
EV/FCF = 41.48x (Enterprise Value 33.59b / FCF TTM 809.9m)
FCF Yield = 2.41% (FCF TTM 809.9m / Enterprise Value 33.59b)
FCF Margin = 24.66% (FCF TTM 809.9m / Revenue TTM 3.28b)
Net Margin = 23.86% (Net Income TTM 783.5m / Revenue TTM 3.28b)
Gross Margin = 51.86% ((Revenue TTM 3.28b - Cost of Revenue TTM 1.58b) / Revenue TTM)
Gross Margin QoQ = 51.86% (prev 51.84%)
Tobins Q-Ratio = 6.40 (Enterprise Value 33.59b / Total Assets 5.25b)
Interest Expense / Debt = 3.29% (Interest Expense 1.88m / Debt 57.3m)
Taxrate = 13.08% (57.8m / 442.0m)
NOPAT = 1.04b (EBIT 1.20b * (1 - 13.08%))
Current Ratio = 2.16 (Total Current Assets 2.48b / Total Current Liabilities 1.15b)
Debt / Equity = 0.01 (Debt 57.3m / totalStockholderEquity, last quarter 3.84b)
Debt / EBITDA = -0.71 (Net Debt -1.02b / EBITDA 1.44b)
Debt / FCF = -1.26 (Net Debt -1.02b / FCF TTM 809.9m)
Total Stockholder Equity = 3.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.76% (Net Income 783.5m / Total Assets 5.25b)
RoE = 21.15% (Net Income TTM 783.5m / Total Stockholder Equity 3.70b)
RoCE = 32.09% (EBIT 1.20b / Capital Employed (Equity 3.70b + L.T.Debt 23.6m))
RoIC = 27.75% (NOPAT 1.04b / Invested Capital 3.75b)
WACC = 7.85% (E(34.61b)/V(34.67b) * Re(7.86%) + D(57.3m)/V(34.67b) * Rd(3.29%) * (1-Tc(0.13)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.37%
[DCF Debug] Terminal Value 81.74% ; FCFF base≈680.1m ; Y1≈838.9m ; Y5≈1.43b
Fair Price DCF = 530.2 (EV 24.89b - Net Debt -1.02b = Equity 25.91b / Shares 48.9m; r=7.85% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -27.60 | EPS CAGR: -45.77% | SUE: -4.0 | # QB: 0
Revenue Correlation: 87.80 | Revenue CAGR: 13.88% | SUE: 0.28 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.63 | Chg30d=+0.322 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=17.10 | Chg30d=+1.212 | Revisions Net=+8 | Growth EPS=+16.7% | Growth Revenue=+10.3%
P/E Trailing = 44.5157
P/E Forward = 38.7597
P/S = 10.5405
P/B = 8.9023
P/EG = 2.3581
Revenue TTM = 3.28b EUR
EBIT TTM = 1.20b EUR
EBITDA TTM = 1.44b EUR
Long Term Debt = 23.6m EUR (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 11.7m EUR (from shortTermDebt, last fiscal year)
Debt = 57.3m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.02b EUR (from netDebt column, last quarter)
Enterprise Value = 33.59b EUR (34.61b + Debt 57.3m - CCE 1.08b)
Interest Coverage Ratio = 634.9 (Ebit TTM 1.20b / Interest Expense TTM 1.88m)
EV/FCF = 41.48x (Enterprise Value 33.59b / FCF TTM 809.9m)
FCF Yield = 2.41% (FCF TTM 809.9m / Enterprise Value 33.59b)
FCF Margin = 24.66% (FCF TTM 809.9m / Revenue TTM 3.28b)
Net Margin = 23.86% (Net Income TTM 783.5m / Revenue TTM 3.28b)
Gross Margin = 51.86% ((Revenue TTM 3.28b - Cost of Revenue TTM 1.58b) / Revenue TTM)
Gross Margin QoQ = 51.86% (prev 51.84%)
Tobins Q-Ratio = 6.40 (Enterprise Value 33.59b / Total Assets 5.25b)
Interest Expense / Debt = 3.29% (Interest Expense 1.88m / Debt 57.3m)
Taxrate = 13.08% (57.8m / 442.0m)
NOPAT = 1.04b (EBIT 1.20b * (1 - 13.08%))
Current Ratio = 2.16 (Total Current Assets 2.48b / Total Current Liabilities 1.15b)
Debt / Equity = 0.01 (Debt 57.3m / totalStockholderEquity, last quarter 3.84b)
Debt / EBITDA = -0.71 (Net Debt -1.02b / EBITDA 1.44b)
Debt / FCF = -1.26 (Net Debt -1.02b / FCF TTM 809.9m)
Total Stockholder Equity = 3.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.76% (Net Income 783.5m / Total Assets 5.25b)
RoE = 21.15% (Net Income TTM 783.5m / Total Stockholder Equity 3.70b)
RoCE = 32.09% (EBIT 1.20b / Capital Employed (Equity 3.70b + L.T.Debt 23.6m))
RoIC = 27.75% (NOPAT 1.04b / Invested Capital 3.75b)
WACC = 7.85% (E(34.61b)/V(34.67b) * Re(7.86%) + D(57.3m)/V(34.67b) * Rd(3.29%) * (1-Tc(0.13)))
Discount Rate = 7.86% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.37%
[DCF Debug] Terminal Value 81.74% ; FCFF base≈680.1m ; Y1≈838.9m ; Y5≈1.43b
Fair Price DCF = 530.2 (EV 24.89b - Net Debt -1.02b = Equity 25.91b / Shares 48.9m; r=7.85% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -27.60 | EPS CAGR: -45.77% | SUE: -4.0 | # QB: 0
Revenue Correlation: 87.80 | Revenue CAGR: 13.88% | SUE: 0.28 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.63 | Chg30d=+0.322 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=17.10 | Chg30d=+1.212 | Revisions Net=+8 | Growth EPS=+16.7% | Growth Revenue=+10.3%