ASM International
Market Cap
US$4.2b
Last Updated
2019/09/22 23:40 UTC
Data Sources
Company Financials +
Executive Summary
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices.
Snowflake
Fundamentals
Flawless balance sheet and fair value.
Risks
- ASM International has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has ASM International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.0%
ASMI.Y
-2.4%
US Semiconductor
-0.6%
US Market
1 Year Return
83.2%
ASMI.Y
7.5%
US Semiconductor
0.7%
US Market
ASMI.Y outperformed the Semiconductor industry which returned 7.5% over the past year.
ASMI.Y outperformed the Market in United States of America which returned 0.7% over the past year.
Share holder returns
| ASMI.Y | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | -2.4% | -0.6% |
| 30 Day | 9.7% | 8.0% | 4.9% |
| 90 Day | 47.3% | 10.1% | 1.7% |
| 1 Year | 86.2%83.2% | 9.6%7.5% | 3.0%0.7% |
| 3 Year | 155.8%125.5% | 80.1%69.5% | 44.8%35.4% |
| 5 Year | 196.0%153.7% | 119.5%97.2% | 62.0%44.3% |
Price Volatility Vs. Market
How volatile is ASM International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ASM International undervalued based on future cash flows and its price relative to the stock market?
16.64x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
ASM International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
ASM International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
ASM International is good value based on earnings compared to the US Semiconductor industry average.
ASM International is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
ASM International earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
ASM International is good value based on assets compared to the US Semiconductor industry average.
Next Steps
Future Growth
How is ASM International expected to perform in the next 1 to 3 years based on estimates from 14 analysts?
-7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ASM International's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
ASM International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
ASM International's revenue growth is positive but not above the United States of America market average.
ASM International's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
ASM International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
ASM International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has ASM International performed over the past 5 years?
34.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ASM International has delivered over 20% year on year earnings growth in the past 5 years.
ASM International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
ASM International's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.
Return on Equity
ASM International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ASM International used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.
Return on Capital Employed
ASM International has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is ASM International's financial position?
Financial Position Analysis
ASM International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
ASM International's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
ASM International has no debt.
ASM International currently has no debt however we can't compare to 5 years ago as we have no data for that period.
ASM International has no debt, it does not need to be covered by operating cash flow.
ASM International has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Low level of unsold assets.
ASM International has no debt, it does not need to be covered by short term assets.
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Dividend
What is ASM International's current dividend yield, its reliability and sustainability?
1.54%
Expected Dividend Yield
Dividend Yield and Payments Analysis
ASM International's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
ASM International's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Whilst dividend payments have been stable, ASM International has been paying a dividend for less than 10 years.
Dividend payments have increased, but ASM International only paid a dividend in the past 8 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (5.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
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Management
What is the CEO of ASM International's salary, the management and board of directors tenure and is there insider trading?
6.3yrs
Average management tenure
CEO
Chuck del Prado (58yo)
11.5yrs
Tenure
€2,260,000
Compensation
Mr. Charles Dean del Prado, also known as Chuck, has been the Chief Executive Officer and President at ASM International NV since March 1, 2008 and serves as its Chairman of the Management Board. Mr. Del P ...
CEO Compensation Analysis
Chuck's remuneration is lower than average for companies of similar size in United States of America.
Chuck's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
6.3yrs
Average Tenure
62yo
Average Age
The average tenure for the ASM International management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
6.2yrs
Average Tenure
61yo
Average Age
The tenure for the ASM International board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Ivo Raaijmakers (62yo)
CTO and Corporate VP R&D
- Tenure: 20.2yrs
Han Westendorp (63yo)
Vice President of Corporate Marketing
- Tenure: 3.7yrs
Chuck del Prado (58yo)
Chairman of the Management Board
- Tenure: 11.5yrs
- Compensation: €2.26m
Peter van Bommel (62yo)
CFO & Member of the Management Board
- Tenure: 9yrs
- Compensation: €1.25m
Ralph Otte
Corporate Vice President of Global Human Resources
- Tenure: 0yrs
Victor Bareño
Director of Investor Relations
- Tenure: 0yrs
Bruce Ragsdale
Vice President of Global Operations
- Tenure: 3.7yrs
YK Kim
Vice President of Global Sales & Service
- Tenure: 3.6yrs
Board Members
Ulrich H. Schumacher (61yo)
Member of Supervisory Board
- Tenure: 11.3yrs
Jan Lobbezoo (73yo)
Chairman of the Supervisory Board
- Tenure: 6.2yrs
Marc de Jong (58yo)
Member of Supervisory Board
- Tenure: 1.3yrs
Martin C. van Pernis (74yo)
Member of Supervisory Board
- Tenure: 9.3yrs
Stefanie Kahle-Galonske (50yo)
Member of Supervisory Board
- Tenure: 2.3yrs
Company Information
ASM International NV's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASM International NV
- Ticker: ASMI.Y
- Exchange: OTCPK
- Founded: 1968
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: €4.195b
- Listing Market Cap: €4.616b
- Shares outstanding: 49.53m
- Website: https://www.asm.com
Number of Employees
Location
- ASM International NV
- Versterkerstraat 8
- Almere
- Flevoland
- 1322 AP
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASMI.Y | OTCPK (Pink Sheets LLC) | NY REGISTRY SHARES | US | USD | May 1981 | |
| AVSN | BST (Boerse-Stuttgart) | NY REGISTRY SHARES | DE | EUR | May 1981 | |
| AVS | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Dec 1996 |
| ASM | ENXTAM (Euronext Amsterdam) | Yes | Common Shares | NL | EUR | Dec 1996 |
| 0NX3 | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Dec 1996 |
| ASMA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Dec 1996 |
Biography
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices. The compa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/22 23:40 |
| End of Day Share Price | 2019/09/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.