Stock · ASML.AS · Technology

ASML Holding N.V.

Netherlands · Large Cap · listed since 1995 · Revenue 12 mo. €39.5B

Price as of 11/06/2026

StockScorer score
8.2
of 10 9 of 11 points High Match To the score
Price
€1,283.60
1 Y +33.8%
Market cap
€496.4B
Phase
Growth
revenue growing, core business profitable
Revenue +15.6% a year (3 years)EBIT margin 34.6%Payout 71.6% of operating cash flow

ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

moreless

ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems. It also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography systems solutions to manufacture various range of semiconductor nodes and technologies. In addition, the company offers metrology and inspection systems, including YieldStar optical metrology systems, a diffraction-based wafer metrology platform to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, it provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services. Additionally, the company offers hardware, software, and services to chipmakers to produce the patterns of integrated circuits. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. 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.

Original text from the data provider

Summary

ASML Holding N.V. is around the middle of the Technology sector overall

59.4 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 19.4% FCF growth a year: more than over the last 5 years, less than over the last 10 years.

If free cash flow stays at €11.1B (2025), it supports €123.2B. The remaining €373.2B of the market value assume it grows 19.4% a year for 10 years and not at all afterwards.

Required FCF growth per year

19.4%

no growth afterwards

Market value breakdown€496.4B market value, price as of 11/06/2026

€123.2B without growth
€373.2B priced-in growth
  • 5 yrs achieved 4.1%
  • 10 yrs achieved 23.1%
  • priced in 19.4%

Valuation against its own history

Price to operating cash flow 21.7×, below its usual range.

Middle half of 20 quarters: 23.2× to 41.4×, median 26.9×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

No anomaly in the stored figures.

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 7 of 7 changes for the better.

  • Revenue, 12 mo.€35.3B → €39.5B+11.7%better
  • FCF, 12 mo.€10.0B → €21.1B+111.4%better
  • Gross margin52.7% → 54.3%+1.6 ppbetter
  • EBIT margin35.4% → 38.6%+3.1 ppbetter
  • FCF margin28.3% → 53.6%+25.3 ppbetter
  • Net debt−€4.7B → −€6.1B−29.5%better
  • Return on equity48.7% → 61.1%+12.3 ppbetter

1 more unchanged: Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability79.7above the middleEarns more than the sector: Return on equity 49.00%, sector 14.60%.
MetricStockSector medianPosition in sector
Return on equity49.00%14.60%Rank 91
Return on capital (Greenblatt)77.48%29.77%Rank 75
EBIT margin34.60%17.40%Rank 88
FCF margin33.93%18.54%Rank 88
Gross margin52.83%48.47%Rank 57
Growth68.7above the middleGrows faster than the sector: Earnings growth, 5 years per year 23.85%, sector 14.07%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year15.58%12.70%Rank 60
Earnings growth, 3 years per year20.47%9.54%Rank 73
Earnings growth, 5 years per year23.85%14.07%Rank 76
Sustainable growth (ROE × retained earnings)4.82%2.87%Rank 66
Valuation29.6below the middleValued higher than the sector: EV/sales 14.87, sector 5.18.
MetricStockSector medianPosition in sector
Earnings yield1.92%2.64%Rank 36
FCF yield2.23%3.06%Rank 38
EV/saleslower is better14.875.18Rank 16
EV/EBITlower is better42.9926.24Rank 29
Momentum60.8above the middleShare price doing better than the sector: Share price, 1 year 33.76%, sector −0.59%.
MetricStockSector medianPosition in sector
Share price, 1 year33.76%−0.59%Rank 82
Share price, 6 months−2.23%−4.46%Rank 53
Share price, 3 months−9.24%−5.84%Rank 46
Distance from 52-week high−25.43%−33.23%Rank 62
Quality58.9around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better1.47%1.65%Rank 52
Change in share countlower is better−1.19%−0.17%Rank 70
Dividend streak in years28Rank 45
Price reaction to results, market-adjusted2.14%−1.57%Rank 69
Balance sheet & risk58.8around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio38.78%53.98%Rank 28
Net debt/EBITDAlower is better−0.85−0.20Rank 67
Debt to equitylower is better0.140.33Rank 70
Volatility, 1 yearlower is better43.47%50.37%Rank 71

Ten years in figures

Revenue from €6.9B (2016) to €32.7B (2025), 18.9% a year.

Fiscal years, amounts in EUR
YearRevenue, €BEBIT marginFCF, €BSharesNet debt
20166.922.8%1.3428M€412.6M
20179.026.2%1.4432M€766.3M
201810.927.1%2.5426M−€94.6M
201911.823.6%2.5422M−€424.0M
202014.029.0%3.6419M−€1.4B
202118.635.1%9.9410M−€2.4B
202221.230.7%7.2398M−€3.0B
202327.632.8%3.2394M−€2.4B
202428.331.9%9.1394M−€8.0B
202532.734.6%11.1389M−€10.2B
8.2 / 10High MatchStockScorer score9 of 11 points

6 of 7 StockScorer Score rules met · How the score is built

ASML Holding N.V. mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 100%This stock · Valuation: 0%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How ASML Holding N.V.'s score is built

ASML Holding N.V. is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

6 of 7 rules met

9 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does ASML Holding N.V. stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • High-Growth / Rule of 40
  • Altman Z-Score: Stress Test
  • Dividend Quality: 4 Factors
  • Earnings Quality: Accrual Check (Sloan)
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

ASML Holding N.V. key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for ASML Holding N.V.

MetricStockSector
P/E ratio51.935.1
P/B ratio25.55.5
Return on equity (ROE)49.0%14.6%
Equity ratio38.8%54.0%
Debt-to-equity (D/E)0.140.33
Dividend yield0.6%0.9%

Similar stocks in Technology

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
ASML.ASASML Holding N.V.this page
AMATApplied Materials IncMedium5.5
LRCXLam Research CorpHigh7.3
KLACKLA CorporationMedium5.5
6857.TAdvantest Corp.locked
8035.TTokyo Electron Limitedlocked

Frequently asked questions about ASML Holding N.V. stock

How does ASML Holding N.V. stock (ASML.AS) score in the StockScorer model?
ASML Holding N.V. stock reaches a StockScorer score of 8.2 out of 10, which is a high match with the rule-based strategies. 6 out of 7 flagship profile rules are met.
What is ASML Holding N.V.'s P/E ratio?
ASML Holding N.V.'s P/E ratio is 51.9. The Technology sector median is 35.1.
What sector is ASML Holding N.V. in?
ASML Holding N.V. is assigned to the Technology sector. Its rank within the sector is 59.4 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

Unlock the full analysis for free

Signed up in 30 seconds, free.

  • More metrics: FCF margin, cash flow yield and more
  • Full peer comparison within the same sector
  • See the match across all strategies in detail
  • Apply your own scoring profile to any stock
  • Add the stock to your watchlist and track score changes
  • Daily updated ratings, rule-based and transparent

Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.

How StockScorer rates every stock is explained on the methodology page.