(ASML) ASML Holding - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: NASDAQ (USA) | Market Cap: 613.585m USD | Total Return: 112.2% in 12m
Avg Turnover: 2.53B
EPS Trend: 80.6%
Qual. Beats: 1
Rev. Trend: 89.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
ASML Holding N.V. is the primary global provider of advanced lithography systems used by semiconductor manufacturers to print integrated circuit patterns onto silicon wafers. The company’s portfolio includes Extreme Ultraviolet (EUV) and Deep Ultraviolet (DUV) lithography, as well as metrology and inspection tools designed to identify chip defects and optimize production yields.
Operating within the highly consolidated semiconductor equipment sector, ASML maintains a unique position as the sole commercial supplier of EUV technology, which is essential for manufacturing 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.
Prospective investors may find it useful to evaluate deeper performance metrics for ASML on ValueRay. Since its founding in 1984, the company has expanded its operations across major tech hubs in Asia, Europe, and the United States to support the increasing complexity of semiconductor nodes.
- High-NA EUV system adoption accelerates logic and memory manufacturer capital expenditures
- U.S. export restrictions on advanced lithography tools limit revenue growth in China
- Global semiconductor fabrication expansion drives demand for deep ultraviolet immersion systems
- Cyclical recovery in smartphone and PC markets boosts lithography equipment order backlog
- High research and development costs for next-generation systems impact short-term operating margins
| Net Income: 10.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -3.60 > 1.0 |
| NWC/Revenue: 21.65% < 20% (prev 30.54%; Δ -8.89% < -1%) |
| CFO/TA 0.22 > 3% & CFO 10.7b > Net Income 10.0b |
| Net Debt (-5.67b) to EBITDA (13.0b): -0.44 < 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 0.52%; Δ 5.21k% > 0.5%) |
| Asset Turnover: 72.11% > 50% (prev 67.67%; Δ 4.44% > 0%) |
| Interest Coverage Ratio: 101.0 > 6 (EBITDA TTM 13.0b / 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 11.9b / Avg Total Assets 46.7b) |
| D: 0.65 (Book Value of Equity 17.6b / Total Liabilities 27.2b) |
| Altman-Z'' = 4.58 = AA |
| DSRI: 0.97 (Receivables 5.91b/5.54b, Revenue 33.7b/30.7b) |
| GMI: 0.99 (GM 52.60% / 52.01%) |
| AQI: 1.12 (AQ_t 0.26 / AQ_t-1 0.23) |
| SGI: 1.10 (Revenue 33.7b / 30.7b) |
| TATA: -0.01 (NI 10.0b - CFO 10.7b) / TA 48.1b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of May 29, 2026, the stock is trading at USD 1605.77 with a total of 968,546 shares traded.
Over the past week, the price has changed by +3.40%,
over one month by +18.71%,
over three months by +13.03% and
over the past year by +112.19%.
ASML Holding has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy ASML.
- StrongBuy: 22
- Buy: 8
- Hold: 9
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 1658.4 | 3.3% |
Market Cap EUR = 526b (614b USD * 0.8577 USD.EUR)
P/E Trailing = 52.9079
P/E Forward = 43.8596
P/S = 18.2112
P/B = 25.3802
P/EG = 2.393
Revenue TTM = 33.7b EUR
EBIT TTM = 11.9b 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 = 521b EUR (526b + Debt 2.71b - CCE 8.38b)
Interest Coverage Ratio = 101.0 (Ebit TTM 11.9b / Interest Expense TTM 118.3m)
EV/FCF = 60.65x (Enterprise Value 521b / FCF TTM 8.58b)
FCF Yield = 1.65% (FCF TTM 8.58b / Enterprise Value 521b)
FCF Margin = 25.48% (FCF TTM 8.58b / 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 = 10.83 (Enterprise Value 521b / Total Assets 48.1b)
Interest Expense / Debt = 4.37% (Interest Expense 118.3m / Debt 2.71b)
Taxrate = 16.55% (546.6m / 3.30b)
NOPAT = 9.97b (EBIT 11.9b * (1 - 16.55%))
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 = -0.44 (Net Debt -5.67b / EBITDA 13.0b)
Debt / FCF = -0.66 (Net Debt -5.67b / FCF TTM 8.58b)
Total Stockholder Equity = 19.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 21.43% (Net Income 10.0b / Total Assets 48.1b)
RoE = 51.95% (Net Income TTM 10.0b / Total Stockholder Equity 19.3b)
RoCE = 54.35% (EBIT 11.9b / Capital Employed (Equity 19.3b + L.T.Debt 2.71b))
RoIC = 35.89% (NOPAT 9.97b / Invested Capital 27.8b)
WACC = 11.33% (E(526b)/V(529b) * Re(11.37%) + D(2.71b)/V(529b) * Rd(4.37%) * (1-Tc(0.17)))
Discount Rate = 11.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -0.92%
[DCF] Terminal Value 63.52% ; FCFF base≈9.05b ; Y1≈8.18b ; Y5≈7.01b
[DCF] Fair Price = 209.2 (EV 74.9b - Net Debt -5.67b = Equity 80.6b / Shares 385.4m; r=11.33% [WACC]; 5y FCF grow -11.88% → 2.50% )
EPS Correlation: 80.56 | EPS CAGR: 13.86% | SUE: 0.99 | # QB: 1
Revenue Correlation: 89.44 | Revenue CAGR: 11.04% | SUE: 0.41 | # QB: 0
EPS current Quarter (2026-06-30): EPS=6.86 | Chg30d=+0.94% | Revisions=+0% | Analysts=13
EPS next Quarter (2026-09-30): EPS=8.32 | Chg30d=+1.57% | Revisions=+62% | Analysts=11
EPS current Year (2026-12-31): EPS=31.40 | Chg30d=+2.75% | Revisions=+88% | GrowthEPS=+27.1% | GrowthRev=+19.4%
EPS next Year (2027-12-31): EPS=40.92 | Chg30d=+4.02% | Revisions=+81% | GrowthEPS=+30.3% | GrowthRev=+21.2%
[Analyst] Revisions Ratio: +88%