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ASM International NV
AEX:ASM

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ASM International NV
AEX:ASM
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Price: 812 EUR -2.94%
Market Cap: €40.1B

P/E

40
Current
3%
More Expensive
vs 3-y average of 38.8

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
40
=
Market Cap
€40.9B
/
Net Income
€991.2m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
40
=
Market Cap
€40.9B
/
Net Income
€991.2m

Valuation Scenarios

ASM International NV is trading above its 3-year average

If P/E returns to its 3-Year Average (38.8), the stock would be worth €786.15 (3% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-53%
Maximum Upside
+9%
Average Downside
14%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 40 €812
0%
3-Year Average 38.8 €786.15
-3%
5-Year Average 37.3 €755.36
-7%
Industry Average 43.7 €886.4
+9%
Country Average 18.8 €380.92
-53%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€40.9B
/
Apr 2026
€991.2m
=
40
Current
€40.9B
/
Dec 2026
€939.1m
=
43.5
Forward
€40.9B
/
Dec 2027
€1.2B
=
35.1
Forward
€40.9B
/
Dec 2028
€1.3B
=
30.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

Market Distribution

Higher than 83% of companies in Netherlands
Percentile
83rd
Based on 422 companies
83rd percentile
40
Low
0 — 12.6
Typical Range
12.6 — 27.8
High
27.8 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 12.6
Median 18.8
70th Percentile 27.8
Max 9 795.6

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.

ASM Intrinsic Value
561.94 EUR
Overvaluation 31%
Intrinsic Value
Price €812
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