ASM International NV

OTCPK:ASMI.Y Stock Report

Market Cap: US$25.5b

ASM International Valuation

Is ASMI.Y undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASMI.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASMI.Y ($522.19) is trading above our estimate of fair value ($440.08)

Significantly Below Fair Value: ASMI.Y is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASMI.Y?

Key metric: As ASMI.Y is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ASMI.Y. This is calculated by dividing ASMI.Y's market cap by their current earnings.
What is ASMI.Y's PE Ratio?
PE Ratio44.2x
Earnings€550.91m
Market Cap€24.37b

Price to Earnings Ratio vs Peers

How does ASMI.Y's PE Ratio compare to its peers?

The above table shows the PE ratio for ASMI.Y vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average67.9x
ENTG Entegris
69.5x50.4%US$15.1b
TER Teradyne
33.5x21.7%US$16.9b
ENPH Enphase Energy
139.8x46.3%US$8.6b
KLAC KLA
28.6x13.6%US$82.5b
ASMI.Y ASM International
44.2x21.7%US$24.4b

Price-To-Earnings vs Peers: ASMI.Y is good value based on its Price-To-Earnings Ratio (44.2x) compared to the peer average (67.9x).

Price to Earnings Ratio vs Industry

How does ASMI.Y's PE Ratio compare vs other companies in the US Semiconductor Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TOYO TOYO
4.2xn/aUS$142.12m
SQNS Sequans Communications
1.7x-156.5%US$69.73m
No more companies available in this PE range
ASMI.Y 44.2xIndustry Avg. 30.3xNo. of Companies9PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASMI.Y is expensive based on its Price-To-Earnings Ratio (44.2x) compared to the US Semiconductor industry average (30.3x).

Price to Earnings Ratio vs Fair Ratio

What is ASMI.Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASMI.Y PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.2x
Fair PE Ratio30.4x

Price-To-Earnings vs Fair Ratio: ASMI.Y is expensive based on its Price-To-Earnings Ratio (44.2x) compared to the estimated Fair Price-To-Earnings Ratio (30.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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