(ASML) ASML Holding - AS
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: AS (Netherlands) | Market Cap: 645.960m EUR | Total Return: 135.3% in 12m
Avg Turnover: 1.24B
EPS Trend: 81.3%
Qual. Beats: 1
Rev. Trend: 89.4%
Qual. Beats: 0
Warnings
Fakeout
Tailwinds
Supp Ema20, Confidence
ASML Holding N.V. is a Netherlands-based provider of advanced semiconductor lithography systems, essential for the mass production of integrated circuits. The company specializes in Extreme Ultraviolet (EUV) and Deep Ultraviolet (DUV) technologies, which enable chipmakers to print intricate patterns on silicon wafers. Its product portfolio also includes metrology and inspection systems, such as YieldStar and HMI electron beam solutions, used to monitor pattern quality and identify chip defects.
Operating within a highly specialized market, ASML maintains a near-monopoly on the EUV lithography machines required to manufacture the worlds most advanced logic and memory chips. The business model relies on high-margin hardware sales supplemented by long-term service contracts and software upgrades for its global installed base. Investors may find more detailed performance metrics and valuation data on ValueRay.
The company provides comprehensive support through computational lithography, equipment refurbishment, and field services across major technology hubs in Asia, North America, and Europe. Founded in 1984, ASML serves as a critical link in the global semiconductor supply chain, supporting the transition to increasingly smaller and more powerful chip nodes.
- High-NA EUV system adoption accelerates logic and memory roadmap progression
- Export restrictions on DUV systems to China impact regional revenue growth
- Global semiconductor fab expansion cycles drive lithography system backlog and orders
- R&D investment for next-generation lithography systems pressures short-term operating margins
- Service and field upgrade revenue provides stable recurring cash flow streams
| Net Income: 10.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA -1.78 > 1.0 |
| NWC/Revenue: 21.65% < 20% (prev 30.61%; Δ -8.95% < -1%) |
| CFO/TA 0.23 > 3% & CFO 11.1b > Net Income 10.0b |
| Net Debt (-5.67b) to EBITDA (13.0b): -0.43 < 3 |
| Current Ratio: 1.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (385.7m) vs 12m ago -1.73% < -2% |
| Gross Margin: 52.60% > 18% (prev 52.01%; Δ 0.59% > 0.5%) |
| Asset Turnover: 72.04% > 50% (prev 67.54%; Δ 4.50% > 0%) |
| Interest Coverage Ratio: 101.4 > 6 (EBIT TTM 12.0b / Interest Expense TTM 118.3m) |
| A: 0.15 (Total Current Assets 27.6b - Total Current Liabilities 20.3b) / Total Assets 48.1b |
| B: 0.37 (Retained Earnings 17.6b / Total Assets 48.1b) |
| C: 0.26 (EBIT TTM 12.0b / Avg Total Assets 46.8b) |
| D: 0.76 (Book Value of Equity 20.8b / Total Liabilities 27.2b) |
| Altman-Z'' = 4.72 = AA |
| DSRI: 0.97 (Receivables 5.91b/5.55b, Revenue 33.7b/30.7b) |
| GMI: 0.99 (GM 52.01% / 52.60%) |
| AQI: 1.12 (AQ_t 0.26 / AQ_t-1 0.23) |
| SGI: 1.10 (Revenue 33.7b / 30.7b) |
| TATA: -0.02 (NI 10.0b - CFO 11.1b) / TA 48.1b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of June 24, 2026, the stock is trading at EUR 1560.80 with a total of 841,770 shares traded. Over the past week, the price has changed by -1.91%, over one month by +9.10%, over three months by +33.08% and over the past year by +135.27%.
Current recommended Stop Loss: 1489.20 (which is 4.6% or 1.2 ATR below the current price).
ASML Holding has no consensus analysts rating.
P/E Trailing = 64.6106
P/E Forward = 52.356
P/S = 19.1721
P/B = 31.0118
P/EG = 2.8536
Revenue TTM = 33.7b EUR
EBIT TTM = 12.0b EUR
EBITDA TTM = 13.0b EUR
Long Term Debt = 2.71b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.68b EUR (from shortLongTermDebt, last fiscal year)
Debt = 2.71b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.67b EUR (calculated: Debt 2.71b - CCE 8.38b)
Enterprise Value = 640b EUR (646b + Debt 2.71b - CCE 8.38b)
Interest Coverage Ratio = 101.4 (Ebit TTM 12.0b / Interest Expense TTM 118.3m)
EV/FCF = 71.49x (Enterprise Value 640b / FCF TTM 8.96b)
FCF Yield = 1.40% (FCF TTM 8.96b / Enterprise Value 640b)
FCF Margin = 26.58% (FCF TTM 8.96b / Revenue TTM 33.7b)
Net Margin = 29.71% (Net Income TTM 10.0b / Revenue TTM 33.7b)
Gross Margin = 52.60% ((Revenue TTM 33.7b - Cost of Revenue TTM 16.0b) / Revenue TTM)
Gross Margin QoQ = 52.98% (prev 52.16%)
Tobins Q-Ratio = 13.32 (Enterprise Value 640b / Total Assets 48.1b)
Interest Expense / Debt = 4.37% (Interest Expense 118.3m / Debt 2.71b)
Taxrate = 17.30% (2.09b / 12.1b)
NOPAT = 9.92b (EBIT 12.0b * (1 - 17.30%))
Current Ratio = 1.36 (Total Current Assets 27.6b / Total Current Liabilities 20.3b)
Debt / Equity = 0.13 (Debt 2.71b / totalStockholderEquity, last quarter 20.8b)
Debt / EBITDA = -0.43 (Net Debt -5.67b / EBITDA 13.0b)
Debt / FCF = -0.63 (Net Debt -5.67b / FCF TTM 8.96b)
Total Stockholder Equity = 19.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 21.41% (Net Income 10.0b / Total Assets 48.1b)
RoE = 51.97% (Net Income TTM 10.0b / Total Stockholder Equity 19.3b)
RoCE = 54.63% (EBIT 12.0b / Capital Employed (Equity 19.3b + L.T.Debt 2.71b))
RoIC = 38.04% (NOPAT 9.92b / Invested Capital 26.1b)
WACC = 9.92% (E(646b)/V(649b) * Re(9.95%) + D(2.71b)/V(649b) * Rd(4.37%) * (1-Tc(0.17)))
Discount Rate = 9.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -0.92%
[DCF] Terminal Value 69.56% ; FCFF base≈9.09b ; Y1≈8.86b ; Y5≈8.83b
[DCF] Fair Price = 298.2 (EV 109b - Net Debt -5.67b = Equity 115b / Shares 385.4m; r=9.92% [WACC]; 5y FCF grow -3.53% → 2.50% )
EPS Correlation: 81.34 | EPS CAGR: 14.11% | SUE: 2.10 | # QB: 1
Revenue Correlation: 89.44 | Revenue CAGR: 11.04% | SUE: 0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=6.85 | Chg30d=N/A | Revisions=+0% | Analysts=14
EPS next Quarter (2026-09-30): EPS=8.30 | Chg30d=N/A | Revisions=+62% | Analysts=12
EPS current Year (2026-12-31): EPS=31.52 | Chg30d=+0.38% | Revisions=+17% | GrowthEPS=+27.5% | GrowthRev=+19.7%
EPS next Year (2027-12-31): EPS=41.58 | Chg30d=+1.61% | Revisions=+60% | GrowthEPS=+31.9% | GrowthRev=+22.4%
[Analyst] Revisions Ratio: +62%