ASML Holding NV
AEX:ASML

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ASML Holding NV Logo
ASML Holding NV
AEX:ASML
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Price: 660.3 EUR -1.09%
Market Cap: 260B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ASML stock under the Base Case scenario is 886.51 EUR. Compared to the current market price of 660.3 EUR, ASML Holding NV is Undervalued by 26%.

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
886.51 EUR
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.2
P/S
P/S
Price to Sales
9.2
vs History
87
vs Industry
17
Median 3Y
10.2
Median 5Y
11.5
Industry
2.8
Forward
8
More Details
34.4
P/E
P/E
Price to Earnings
34.4
vs History
73
vs Industry
26
Median 3Y
35.3
Median 5Y
39.3
Industry
24.7
Forward
27.6
More Details
23.3
P/OCF
P/OCF
Price to OCF
23.3
vs History
74
vs Industry
25
Median 3Y
25.5
Median 5Y
30.3
Industry
15.9
More Details
29
P/FCFE
P/FCFE
Price to FCFE
29
vs History
73
vs Industry
23
Median 3Y
33.7
Median 5Y
34.8
Industry
24.1
More Details
14.1
P/B
P/B
Price to Book Value
14.1
vs History
73
vs Industry
3
Median 3Y
18.3
Median 5Y
17.9
Industry
2.1
More Details
8.9
EV/S
EV/S
Enterprise Value to Sales
8.9
vs History
90
vs Industry
16
Median 3Y
10.2
Median 5Y
11.4
Industry
2.8
Forward
7.7
More Details
17.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
17.3
vs History
90
vs Industry
27
Median 3Y
20.3
Median 5Y
23.6
Industry
9.5
More Details
25.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
25.3
vs History
74
vs Industry
23
Median 3Y
27
Median 5Y
30
Industry
14.8
Forward
21.1
More Details
27.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.8
vs History
76
vs Industry
26
Median 3Y
30.4
Median 5Y
34.2
Industry
19.8
Forward
23.2
More Details
22.5
EV/OCF
EV/OCF
Enterprise Value to OCF
22.5
vs History
74
vs Industry
25
Median 3Y
25.3
Median 5Y
29.8
Industry
15
More Details
27.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27.7
vs History
73
vs Industry
22
Median 3Y
33.5
Median 5Y
42.5
Industry
20.4
More Details
7.8
EV/IC
EV/IC
Enterprise Value to IC
7.8
vs History
61
vs Industry
11
Median 3Y
8.1
Median 5Y
8.2
Industry
2
More Details

Multiples Across Competitors

ASML Competitors Multiples
ASML Holding NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
ASML Holding NV
AEX:ASML
260.1B EUR 9.2 34.4 25.3 27.8
US
Brooks Automation Inc
LSE:0HQ1
256.3B USD 404.4 -3 921.8 8 156.3 -5 424.5
US
Applied Materials Inc
NASDAQ:AMAT
135.5B USD 4.8 20 15.3 16
US
Lam Research Corp
NASDAQ:LRCX
110.8B USD 6.5 23.8 19.2 20.6
US
KLA Corp
NASDAQ:KLAC
106.9B USD 9.3 28.9 20.8 22.6
JP
Tokyo Electron Ltd
TSE:8035
10.9T JPY 4.5 20 13.7 14.9
JP
Advantest Corp
TSE:6857
6.1T JPY 7.8 37.8 22.9 25.6
MY
ViTrox Corporation Bhd
KLSE:VITROX
154.8B MYR 269.7 1 590.7 1 190 1 327.9
CN
NAURA Technology Group Co Ltd
SZSE:002371
229.7B CNY 7.1 37.8 31.5 31.5
NL
ASM International NV
AEX:ASM
24.8B EUR 8 51.5 21.8 27.1
JP
Disco Corp
TSE:6146
3.5T JPY 9.1 28.1 18.2 19.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
ASML Holding NV
AEX:ASML
Average EV/EBITDA: 866.8
25.3
18%
1.4
US
B
Brooks Automation Inc
LSE:0HQ1
8 156.3
77%
105.9
US
Applied Materials Inc
NASDAQ:AMAT
15.3
9%
1.7
US
Lam Research Corp
NASDAQ:LRCX
19.2
16%
1.2
US
KLA Corp
NASDAQ:KLAC
20.8
14%
1.5
JP
Tokyo Electron Ltd
TSE:8035
13.7
12%
1.1
JP
Advantest Corp
TSE:6857
22.9
17%
1.3
MY
V
ViTrox Corporation Bhd
KLSE:VITROX
1 190
23%
51.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
31.5
31%
1
NL
ASM International NV
AEX:ASM
21.8
18%
1.2
JP
Disco Corp
TSE:6146
18.2
8%
2.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
ASML Holding NV
AEX:ASML
Average EV/EBIT: 153.4
27.8
18%
1.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -5 424.5 N/A N/A
US
Applied Materials Inc
NASDAQ:AMAT
16
9%
1.8
US
Lam Research Corp
NASDAQ:LRCX
20.6
17%
1.2
US
KLA Corp
NASDAQ:KLAC
22.6
15%
1.5
JP
Tokyo Electron Ltd
TSE:8035
14.9
N/A N/A
JP
Advantest Corp
TSE:6857
25.6
N/A N/A
MY
V
ViTrox Corporation Bhd
KLSE:VITROX
1 327.9
24%
55.3
CN
NAURA Technology Group Co Ltd
SZSE:002371
31.5
27%
1.2
NL
ASM International NV
AEX:ASM
27.1
18%
1.5
JP
Disco Corp
TSE:6146
19.5
N/A N/A

See Also

Summary
ASML intrinsic value, competitors valuation, and company profile.
DCF Valuation
ASML stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ASML stock valuation using valuation multiples.
Wall Street Estimates
ASML price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ASML stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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