ASML Holding NV (ASML) AI Stock Analysis

• Market Cap: €315.10B
• Dividend Yield: 0.78%
• Average Volume (3M): 629.06K
• Price to Earnings (P/E): 33.8
• Beta (1Y): 2.19
• Revenue Growth: 26.41%
• EPS Growth: 40.19%
• Country: NL
• Employees: 43,129
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 5.90
• Shares Outstanding: 393,830,700
• 10 Day Avg. Volume: 897,689
• 30 Day Avg. Volume: 629,058
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €795.15
• Price Target Upside: -3.68% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 21

• Rating: 78 Outperform
• Price Target: €739.00 ▼(-10.48% Downside)

ASML Holding NV's strong financial performance is the most significant factor, supported by robust revenue growth and high profitability. Technical analysis suggests neutral momentum with potential for upward movement. The valuation indicates a premium price, which may limit upside potential. The absence of earnings call and corporate events data did not impact the score.

Positive Factors

Negative Factors

ASML Holding NV Business Overview & Revenue Model

Company Description

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to measure the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and software solutions to create applications that enhance the setup of the lithography system; and mature products and services that refurbish used lithography equipment and offers associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, the Netherlands, Europe, the United States, and rest of Asia. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

How the Company Makes Money

ASML generates revenue primarily through the sale of its lithography systems and related services. The company has a tiered revenue model that includes equipment sales, service contracts, and maintenance agreements. The sale of high-end EUV machines constitutes a significant portion of ASML's revenue, given their complexity and the value they bring to semiconductor manufacturers in producing cutting-edge chips. Additionally, ASML earns recurring revenue from service and maintenance agreements, which involve providing technical support and upgrades to existing customers. The company has established strong partnerships with major players in the semiconductor industry, such as Intel, TSMC, and Samsung, which not only drive sales of new machines but also ensure ongoing revenue through service contracts. Factors contributing to ASML's earnings include the increasing demand for advanced semiconductor technology, the trend towards miniaturization in electronics, and ongoing innovations in lithography technology.

ASML Holding NV Financial Statement Overview

Summary

ASML Holding NV demonstrates strong financial performance with high profitability, solid revenue growth, and efficient cost management. The balance sheet is robust with low debt and high ROE, while cash flow generation supports future growth.

Income Statement

ASML Holding NV demonstrates strong revenue growth and profitability. The Gross Profit Margin remains high at 52.5% TTM, and the Net Profit Margin is robust at 29.3% TTM, indicating efficient cost management. Revenue Growth Rate for the TTM stands at 13.8%, highlighting strong demand and market position. The EBIT and EBITDA margins are also strong at 34.8% and 38.5% respectively, reflecting effective operational leverage.

Balance Sheet

The company maintains a solid financial position with a Debt-to-Equity Ratio of 0.21 TTM, indicating prudent use of leverage. Return on Equity (ROE) is impressive at 53.4% TTM, showcasing high profitability relative to shareholder equity. The Equity Ratio is 39.3% TTM, suggesting a stable capital structure, though there is room for improvement in equity proportion.

Cash Flow

ASML's cash flow generation is robust, with a Free Cash Flow Growth Rate of 1.5% TTM, supported by strong operational cash flows. The Operating Cash Flow to Net Income Ratio is 1.19 TTM, indicating efficient cash conversion. However, the Free Cash Flow to Net Income Ratio is slightly lower at 0.98 TTM, pointing to moderate capital expenditure levels.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.26B	27.56B	21.17B	18.61B	13.98B
Gross Profit	14.08B	13.84B	10.47B	9.65B	6.63B
EBITDA	10.18B	10.02B	7.16B	7.21B	4.54B
Net Income	7.57B	7.84B	5.62B	5.88B	3.55B
Balance Sheet
Total Assets	48.59B	39.96B	36.30B	30.23B	27.27B
Cash, Cash Equivalents and Short-Term Investments	12.74B	7.01B	7.38B	7.59B	7.35B
Total Debt	4.69B	4.63B	4.26B	4.58B	4.68B
Total Liabilities	30.11B	26.51B	27.49B	20.09B	13.40B
Stockholders Equity	18.48B	13.45B	8.81B	10.14B	13.87B
Cash Flow
Free Cash Flow	9.10B	3.25B	7.22B	9.91B	3.63B
Operating Cash Flow	11.17B	5.44B	8.49B	10.85B	4.63B
Investing Cash Flow	-2.61B	-2.69B	-1.03B	-72.00M	-1.35B
Financing Cash Flow	-2.83B	-3.00B	-7.14B	-9.89B	-753.00M

ASML Holding NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 825.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ASML, the sentiment is Positive. The current price of 825.5 is above the 20-day moving average (MA) of 732.08, above the 50-day MA of 668.75, and above the 200-day MA of 664.70, indicating a bullish trend. The MACD of 46.44 indicates Negative momentum. The RSI at 81.99 is Negative, neither overbought nor oversold. The STOCH value of 89.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:ASML.

ASML Holding NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASML	78 Outperform	€315.10B	33.82	58.25%	0.78%	26.41%	40.19%
ASM	67 Neutral	€23.99B	45.92	14.77%	0.61%	25.46%	-4.36%
BESI	62 Neutral	€9.88B	57.29	47.54%	1.78%	3.75%	0.10%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%