ASML Stock Analysis: ASML Holding | NASDAQ
Semiconductor Equipment & Materials | NASDAQ, USA | Market Cap: 692.532m USD | 12M Return: 128.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.39B
EPS Trend: 87.2%
Qual. Beats: 2
Rev. Trend: 91.6%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ASML Holding N.V. is a Netherlands-based semiconductor equipment manufacturer that designs, produces, and services lithography systems used to pattern integrated circuits on silicon wafers. Its product portfolio includes extreme ultraviolet (EUV) lithography systems, deep ultraviolet (DUV) immersion and dry systems, optical and electron-beam metrology and inspection tools, computational lithography software, and refurbishment and customer support services. The company sells to chipmakers across Asia, Europe, the Middle East, Africa, and the United States, with major exposure to Taiwan, South Korea, China, Japan, and Singapore. ASML was founded in 1984, is headquartered in Veldhoven, the Netherlands, and trades on NASDAQ as an ADR under the ticker ASML.
Lithography is one of the most capital-intensive and technically demanding steps in semiconductor manufacturing, and ASML is the sole producer of EUV lithography systems, a key enabler of advanced process nodes at leading-edge foundries and logic chipmakers.
- EUV system shipments drive margins as AI chip demand surges
- Dutch export curbs restrict advanced lithography sales to China
- High-NA EUV adoption accelerates leading-edge node capex cycle
| Net Income: 10.6b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA -2.38 > 1.0 |
| NWC/Revenue: 20.93% < 20% (prev 25.22%; Δ -4.29% < -1%) |
| CFO/TA 0.22 > 3% & CFO 11.1b > Net Income 10.6b |
| Net Debt (-5.60b) to EBITDA (14.0b): -0.40 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (384.9m) vs 12m ago -0.90% < -2% |
| Gross Margin: 52.73% > 18% (prev 52.52%; Δ 0.21% > 0.5%) |
| Asset Turnover: 74.25% > 50% (prev 71.57%; Δ 2.68% > 0%) |
| Interest Coverage Ratio: 109.7 > 6 (EBIT TTM 13.0b / Interest Expense TTM 118.3m) |
| A: 0.15 (Total Current Assets 29.5b - Total Current Liabilities 22.2b) / Total Assets 50.2b |
| B: 0.35 (Retained Earnings 17.6b / Total Assets 50.2b) |
| C: 0.27 (EBIT TTM 13.0b / Avg Total Assets 47.6b) |
| D: 0.77 (Book Value of Equity 21.8b / Total Liabilities 28.4b) |
| Altman-Z'' = 4.75 = AA |
| DSRI: 1.33 (Receivables 8.66b/5.93b, Revenue 35.3b/32.2b) |
| GMI: 1.00 (GM 52.52% / 52.73%) |
| AQI: 1.07 (AQ_t 0.25 / AQ_t-1 0.23) |
| SGI: 1.10 (Revenue 35.3b / 32.2b) |
| TATA: -0.01 (NI 10.6b - CFO 11.1b) / TA 50.2b) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 1655.26 with a total of 3,323,140 shares traded. Over the past week, the price has changed by -4.82%, over one month by -12.10%, over three months by +15.56% and over the past year by +128.53%.
Current recommended Stop Loss: 1550.00 (which is 6.4% or 1.3 ATR below the current price).
ASML Holding has received a consensus analysts rating of 4.52. Therefore, it is recommended to buy ASML.
- StrongBuy: 32
- Buy: 6
- Hold: 4
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 2113.3 | 27.7% |
Market Cap EUR = 607b (693b USD * 0.8765 USD.EUR)
P/E Trailing = 62.1082
P/E Forward = 41.4938
P/S = 19.6032
P/B = 27.8265
P/EG = 2.2574
Revenue TTM = 35.3b EUR
EBIT TTM = 13.0b EUR
EBITDA TTM = 14.0b EUR
Long Term Debt = 1.98b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.68b EUR (from shortLongTermDebt, last fiscal year)
Debt = 1.98b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.60b EUR (calculated: Debt 1.98b - CCE 7.58b)
Enterprise Value = 601b EUR (607b + Debt 1.98b - CCE 7.58b)
Interest Coverage Ratio = 109.7 (Ebit TTM 13.0b / Interest Expense TTM 118.3m)
EV/FCF = 62.37x (Enterprise Value 601b / FCF TTM 9.64b)
FCF Yield = 1.60% (FCF TTM 9.64b / Enterprise Value 601b)
FCF Margin = 27.30% (FCF TTM 9.64b / Revenue TTM 35.3b)
Net Margin = 30.11% (Net Income TTM 10.6b / Revenue TTM 35.3b)
Gross Margin = 52.73% ((Revenue TTM 35.3b - Cost of Revenue TTM 16.7b) / Revenue TTM)
Gross Margin QoQ = 53.99% (prev 52.98%)
Tobins Q-Ratio = 11.98 (Enterprise Value 601b / Total Assets 50.2b)
Interest Expense / Debt = 5.96% (Interest Expense 118.3m / Debt 1.98b)
Taxrate = 17.25% (2.22b / 12.9b)
NOPAT = 10.7b (EBIT 13.0b * (1 - 17.25%))
Current Ratio = 1.33 (Total Current Assets 29.5b / Total Current Liabilities 22.2b)
Debt / Equity = 0.09 (Debt 1.98b / totalStockholderEquity, last quarter 21.8b)
Debt / EBITDA = -0.40 (Net Debt -5.60b / EBITDA 14.0b)
Debt / FCF = -0.58 (Net Debt -5.60b / FCF TTM 9.64b)
Total Stockholder Equity = 20.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 22.36% (Net Income 10.6b / Total Assets 50.2b)
RoE = 52.37% (Net Income TTM 10.6b / Total Stockholder Equity 20.3b)
RoCE = 58.21% (EBIT 13.0b / Capital Employed (Equity 20.3b + L.T.Debt 1.98b))
RoIC = 40.85% (NOPAT 10.7b / Invested Capital 26.3b)
WACC = 11.06% (E(607b)/V(609b) * Re(11.08%) + D(1.98b)/V(609b) * Rd(5.96%) * (1-Tc(0.17)))
Discount Rate = 11.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.96 | Cagr: -1.00%
[DCF] Terminal Value 66.46% ; FCFF base≈9.67b ; Y1≈9.66b ; Y5≈10.1b
[DCF] Fair Price = 295.8 (EV 108b - Net Debt -5.60b = Equity 114b / Shares 384.1m; r=11.06% [WACC]; 5y FCF grow -0.60% → 2.50% )
EPS Correlation: 87.20 | EPS CAGR: 17.88% | SUE: 3.05 | # QB: 2
Revenue Correlation: 91.60 | Revenue CAGR: 12.33% | SUE: 1.93 | # QB: 1
EPS current Quarter (2026-09-30): EPS=10.58 | Chg30d=+27.51% | Revisions=+0% | Analysts=14
EPS current Year (2026-12-31): EPS=37.15 | Chg30d=+17.49% | Revisions=+53% | GrowthEPS=+50.3% | GrowthRev=+30.4%
EPS next Year (2027-12-31): EPS=50.76 | Chg30d=+21.37% | Revisions=+80% | GrowthEPS=+36.6% | GrowthRev=+26.0%
[Analyst] Revisions Ratio: +69% (up=23, down=3)