ASML Holding NV
AEX:ASML

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ASML Holding NV Logo
ASML Holding NV
AEX:ASML
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Price: 678.8 EUR -0.75%
Market Cap: 267.3B EUR

Relative Value

The Relative Value of one ASML stock under the Base Case scenario is 891.63 EUR. Compared to the current market price of 678.8 EUR, ASML Holding NV is Undervalued by 24%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ASML Relative Value
Base Case
891.63 EUR
Undervaluation 24%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
17
Median 3Y
10.1
Median 5Y
11.5
Industry
3
Forward
8.2
vs History
61
vs Industry
26
Median 3Y
35.3
Median 5Y
39.1
Industry
25.5
Forward
28.5
vs History
66
vs Industry
25
Median 3Y
25.5
Median 5Y
29.4
Industry
16.4
vs History
68
vs Industry
23
Median 3Y
33.7
Median 5Y
34.5
Industry
25.8
vs History
65
vs Industry
3
Median 3Y
18.3
Median 5Y
17.9
Industry
2.2
vs History
80
vs Industry
16
Median 3Y
10
Median 5Y
11.4
Industry
2.9
Forward
8
vs History
84
vs Industry
27
Median 3Y
20.1
Median 5Y
23.6
Industry
9.9
vs History
69
vs Industry
23
Median 3Y
26.4
Median 5Y
29.8
Industry
15.8
Forward
21.9
vs History
69
vs Industry
26
Median 3Y
29.9
Median 5Y
33.8
Industry
20.6
Forward
24
vs History
69
vs Industry
25
Median 3Y
25.3
Median 5Y
29.2
Industry
15.3
vs History
68
vs Industry
22
Median 3Y
33.5
Median 5Y
40.9
Industry
21.8
vs History
55
vs Industry
11
Median 3Y
8.1
Median 5Y
8.2
Industry
2

Multiples Across Competitors

ASML Competitors Multiples
ASML Holding NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
ASML Holding NV
AEX:ASML
269B EUR 9.5 35.5 26.2 28.8
US
Brooks Automation Inc
LSE:0HQ1
289.8B USD 457.3 -4 434 9 222.9 -6 133.9
US
Applied Materials Inc
NASDAQ:AMAT
160.8B USD 5.7 23.8 18.2 19.1
US
Lam Research Corp
NASDAQ:LRCX
130.5B USD 7.6 28 22.7 24.3
US
KLA Corp
NASDAQ:KLAC
122.3B USD 10.6 33.1 23.8 25.7
JP
Tokyo Electron Ltd
TSE:8035
12.2T JPY 5 22.3 15.3 16.7
JP
Advantest Corp
TSE:6857
8.4T JPY 10.8 52.4 32.1 35.9
JP
Disco Corp
TSE:6146
4.8T JPY 12.2 38.8 25.6 27.4
NL
ASM International NV
AEX:ASM
25.5B EUR 8.1 52.7 22.4 27.9
CN
NAURA Technology Group Co Ltd
SZSE:002371
173B CNY 5.4 28.5 23.5 23.5
CN
Advanced Micro-Fabrication Equipment Inc China
SSE:688012
111.4B CNY 11.6 66.3 74.8 74.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
ASML Holding NV
AEX:ASML
Average EV/EBIT: 30.4
28.8
18%
1.6
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -6 133.9 N/A N/A
US
Applied Materials Inc
NASDAQ:AMAT
19.1
9%
2.1
US
Lam Research Corp
NASDAQ:LRCX
24.3
17%
1.4
US
KLA Corp
NASDAQ:KLAC
25.7
15%
1.7
JP
Tokyo Electron Ltd
TSE:8035
16.7
N/A N/A
JP
Advantest Corp
TSE:6857
35.9
N/A N/A
JP
Disco Corp
TSE:6146
27.4
N/A N/A
NL
ASM International NV
AEX:ASM
27.9
18%
1.5
CN
NAURA Technology Group Co Ltd
SZSE:002371
23.5
27%
0.9
CN
Advanced Micro-Fabrication Equipment Inc China
SSE:688012
74.8
50%
1.5