ASML Fair Value Estimate
$1625.3614.6% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
ASML Holding NV
Exchange: NASDAQSector: TechnologyIndustry: Semiconductor Equipment & Materials
Values in USD · ADR · Reports in EUR
ASML Holding NV (ASML) is the Netherlands-based holding company active in the field of technology. The Company is a provider of advanced semiconductor equipment systems, consisting of lithographic systems. It offers an integrated portfolio of products mainly for manufacturing complex integrated circuits (IC), semiconductors or chips. The Company reports one segment, System sales, divided in New Systems and Used Systems. It supplies lithography systems to IC manufacturers throughout Asia, the United States and Europe. Additionally, the Company is engaged in service and field option sales. It provides its customers with a range of support services from advanced process and product applications knowledge to round-the-clock service support. ASML's main wholly owned operating subsidiaries include ASML Netherlands BV, ASML Systems BV, ASML Hong Kong Limited and ASML US Inc. In May 2013, Cymer Inc completed the previously announced merger pursuant to which ASML Holding NV acquired Cymer.
Did you know?
Earnings per share grew at a 25.4% CAGR.
Current Price
$1417.80
-1.79%GoodMoat Value
$1625.36
14.6% undervaluedProfile
Valuation (TTM)
Market Cap$549.11B
P/E48.86
EV$519.12B
P/B23.80
Shares Out387.30M
P/Sales14.59
Revenue$37.63B
EV/EBITDA37.22
ASML Holding NV (ASML) Valuation
ASML Valuation Metrics
FCF$13.04B
FCF Growth Rate29.08%
EPS Growth (CAGR)25.36%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →ASML Valuation & Fair Value Analysis
ASML Holding NV (ASML) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for ASML Holding NV is $1625.36. The current stock price is $1417.80, suggesting the stock is 14.6% undervalued.
The price-to-earnings (P/E) ratio is 48.86. Price-to-book ratio is 23.80. Price-to-sales ratio is 14.59. Enterprise value to EBITDA is 37.22. PEG ratio is 6.83.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of ASML Holding NV's intrinsic value.