ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems for memory and logic chipmakers.
Excellent balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has ASML Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASML's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASML exceeded the US Semiconductor industry which returned 8.9% over the past year.
Return vs Market: ASML exceeded the US Market which returned -9.1% over the past year.
Price Volatility Vs. Market
How volatile is ASML Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StWhat Are Analysts Saying About ASML Holding NV's (NASDAQ:ASML) Future Margins?
2 years ago | Simply Wall StWhat You Must Know About ASML Holding NV's (ASML) ROE
2 years ago | Simply Wall StWhat Are Analysts Saying About ASML Holding NV's (ASML) Future?
Is ASML Holding undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ASML ($252.62) is trading above our estimate of fair value ($246.43)
Significantly Below Fair Value: ASML is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ASML is poor value based on its PE Ratio (37.3x) compared to the Semiconductor industry average (27.4x).
PE vs Market: ASML is poor value based on its PE Ratio (37.3x) compared to the US market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASML is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: ASML is overvalued based on its PB Ratio (7.7x) compared to the US Semiconductor industry average (2.3x).
How is ASML Holding forecast to perform in the next 1 to 3 years based on estimates from 31 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASML's forecast earnings growth (17.3% per year) is above the savings rate (1.7%).
Earnings vs Market: ASML's earnings (17.3% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: ASML's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASML's revenue (10.7% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: ASML's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASML's Return on Equity is forecast to be high in 3 years time (31.9%)
How has ASML Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASML has high quality earnings.
Growing Profit Margin: ASML's current net profit margins (21.9%) are lower than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: ASML's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: ASML's earnings growth over the past year (0.03%) is below its 5-year average (12.7% per year).
Earnings vs Industry: ASML earnings growth over the past year (0.03%) exceeded the Semiconductor industry -30.5%.
Return on Equity
High ROE: ASML's Return on Equity (20.6%) is considered high.
How is ASML Holding's financial position?
Financial Position Analysis
Short Term Liabilities: ASML's short term assets (€12.1B) exceed its short term liabilities (€4.7B).
Long Term Liabilities: ASML's short term assets (€12.1B) exceed its long term liabilities (€5.3B).
Debt to Equity History and Analysis
Debt Level: ASML's debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: ASML's debt to equity ratio has increased from 13.8% to 24.7% over the past 5 years.
Debt Coverage: ASML's debt is well covered by operating cash flow (105.4%).
Interest Coverage: ASML's interest payments on its debt are well covered by EBIT (111.6x coverage).
Inventory Level: ASML has a high level of physical assets or inventory.
Debt Coverage by Assets: ASML's debt is covered by short term assets (assets are 3.9x debt).
What is ASML Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ASML's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.93%).
High Dividend: ASML's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (5.33%).
Stability and Growth of Payments
Stable Dividend: ASML's dividends per share have been stable in the past 10 years.
Growing Dividend: ASML's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39%), ASML's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASML's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter T. F. Wennink (62yo)
Mr. Peter T. F. M. Wennink has been the Chief Executive Officer and President at ASML Holding NV. since July 1, 2013 and its Member of Management Board since July 1, 1999. Mr. Wennink was previously an In ...
CEO Compensation Analysis
Compensation vs Market: Peter T. F.'s total compensation ($USD4.84M) is below average for companies of similar size in the US market ($USD11.82M).
Compensation vs Earnings: Peter T. F.'s compensation has increased by more than 20% in the past year.
|Chairman of the Management Board||6.67yrs||€4.36m||0.0082% €8.7m|
|Vice Chairman of the Management Board||6.67yrs||€4.36m||0.0048% €5.1m|
|Executive VP||1.75yrs||€2.96m||no data|
|Executive VP||11yrs||€2.74m||0.0032% €3.4m|
|Executive VP||10yrs||€2.72m||0.0052% €5.5m|
|Executive VP of EUV & Member of Management Board||1.92yrs||€2.20m||0.0013% €1.4m|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP of Applications Business||no data||no data||no data|
|Executive Vice President of Business Line DUV||no data||no data||no data|
|Company Secretary||18.17yrs||no data||no data|
Experienced Management: ASML's management team is seasoned and experienced (6.7 years average tenure).
|Independent Chairman of Supervisory Board||3.92yrs||€152.00k||no data|
|Independent Member of the Supervisory Board||11yrs||€100.00k||no data|
|Independent Member of the Supervisory Board||5.92yrs||€117.00k||no data|
|Independent Vice Chairman of the Supervisory Board||no data||€132.00k||no data|
|Independent Member of the Supervisory Board||4.92yrs||€100.00k||no data|
|Independent Member of the Supervisory Board||4.92yrs||€97.00k||no data|
|Independent Member of the Supervisory Board||6.92yrs||€90.00k||no data|
|Independent Member of the Supervisory Board||1.92yrs||€100.00k||no data|
Experienced Board: ASML's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASML Holding N.V.'s company bio, employee growth, exchange listings and data sources
- Name: ASML Holding N.V.
- Ticker: ASML
- Exchange: NasdaqGS
- Founded: 1984
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: €95.962b
- Listing Market Cap: €106.400b
- Shares outstanding: 418.14m
- Website: https://www.asml.com
Number of Employees
- ASML Holding N.V.
- De Run 6501
- 5504 DR
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASML.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|ASML||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jan 1992|
|ASME||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|ASML||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|ASMLA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|0QB8||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|ASME||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|ASML||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
|ASML N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jan 1992|
|ASML||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jan 1992|
|ASML||NasdaqGS (Nasdaq Global Select)||EUR0.09 NY REG 2012||US||USD||Mar 1995|
|ASMF||DB (Deutsche Boerse AG)||EUR0.09 NY REG 2012||DE||EUR||Mar 1995|
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography 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 variosus 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, Korea, Singapore, Taiwan, China, the Netherlands, Europe, the Middle East, Africa, the United States, and reat 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 00:43|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.