ASM International NV
AEX:ASM
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EV/FCFF
Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.
Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.
Valuation Scenarios
If EV/FCFF returns to its 3-Year Average (51.2), the stock would be worth €302.52 (64% downside from current price).
| Scenario | EV/FCFF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 141.6 | €836.6 |
0%
|
| 3-Year Average | 51.2 | €302.52 |
-64%
|
| 5-Year Average | 56.9 | €336.16 |
-60%
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| Industry Average | 48.2 | €285 |
-66%
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| Country Average | 19.3 | €113.75 |
-86%
|
Forward EV/FCFF
Today’s price vs future free cash flow to firm
Peer Comparison
| Market Cap | EV/FCFF | P/E | ||||
|---|---|---|---|---|---|---|
| NL |
|
ASM International NV
AEX:ASM
|
40.9B EUR | 141.6 | 41.3 | |
| NL |
|
ASML Holding NV
AEX:ASML
|
467.4B EUR | 41.1 | 45.8 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
324.5B USD | 53.9 | 48.4 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
321.3B USD | 51.6 | 41 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
249.2B USD | 56.9 | 54.7 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
224.1B USD | 7 232.9 | -3 874 | |
| JP |
|
Advantest Corp
TSE:6857
|
22.9T JPY | 74.8 | 79.3 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
21.6T JPY | 77.3 | 42.9 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
62.7B USD | 138.9 | 113.2 | |
| JP |
|
Disco Corp
TSE:6146
|
8.2T JPY | 81 | 60.8 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
342.5B CNY | -2 653.6 | 62 |
Market Distribution
| Min | 0.3 |
| 30th Percentile | 13.8 |
| Median | 19.3 |
| 70th Percentile | 27.5 |
| Max | 353.7 |
Other Multiples
ASM International NV
Glance View
In the intricate landscape of the semiconductor industry, ASM International NV emerges as a pivotal player, teetering between innovation and mastery of the atomic layer deposition (ALD) technology it pioneered. Conceived amid the surging demand for miniaturized, high-performance electronic devices, ASM crafted its legacy on developing cutting-edge equipment that manufactures the very heart of these devices—semiconductors. By perfecting ALD and epitaxial deposition processes, the company arms its clients with the ability to build increasingly intricate and efficient chips essential for modern technology. Pivotal to ASM's strategy is a commitment to substantial R&D, ensuring its equipment not only aligns with today’s semiconductor needs but also anticipates tomorrow’s technological challenges. ASM International’s profitability hinges on its ability to deliver precision and reliability in semiconductor fabrication equipment while fostering close partnerships with industry titans like TSMC, Samsung, and Intel. Through a business model reliant on sales and services, ASM supplies advanced tools that enable manufacturers to increase production efficiency and yield, thereby deriving revenue from equipment sales and service contracts. Moreover, the company's geographic dispersion—anchored by a strong presence in Asia, Europe, and the United States—ensures that it is well-positioned to capitalize on fluctuations in global demand while maintaining flexibility across various market segments. By continuously steering the course of innovation and leveraging its strategic alliances, ASM maintains a competitive edge in the fast-evolving world of semiconductor manufacturing, ensuring its clients remain at the forefront of technology advancement.