ASML Holding NV
NASDAQ:ASML
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (28.4), the stock would be worth $1 223.97 (16% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 33.7 | $1 453.35 |
0%
|
| 3-Year Average | 28.4 | $1 223.97 |
-16%
|
| 5-Year Average | 27.7 | $1 192.14 |
-18%
|
| Industry Average | 36.2 | $1 559.4 |
+7%
|
| Country Average | 11.7 | $502.19 |
-65%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| NL |
|
ASML Holding NV
NASDAQ:ASML
|
476.8B USD | 33.7 | 46.7 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
329.3B USD | 44.9 | 51.9 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
310.8B USD | 35.5 | 39.7 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
236.8B USD | 49 | 51.2 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
232.1B USD | 3 713 | -4 011.8 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
21T JPY | 41.1 | 41.7 | |
| JP |
|
Advantest Corp
TSE:6857
|
19.8T JPY | 58.2 | 68.5 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
58.6B USD | 87.1 | 106.3 | |
| JP |
|
Disco Corp
TSE:6146
|
8T JPY | 78.8 | 61.3 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
341.2B CNY | -225.1 | 51.8 | |
| NL |
|
ASM International NV
AEX:ASM
|
38.2B EUR | 35.1 | 52.8 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 8.3 |
| Median | 11.7 |
| 70th Percentile | 21.6 |
| Max | 292.6 |
Other Multiples
ASML Holding NV
Glance View
In the intricate and high-stakes world of semiconductor manufacturing, ASML Holding NV stands as a pivotal player, commanding both respect and influence. Originating from the Netherlands, ASML has positioned itself as a critical cog in the machinery of the digital age. With its unmatched ability to design and manufacture advanced lithography machines, ASML ensures the continuous shrinkage of microchips—a paramount necessity as the demand for faster, more efficient, and compact devices surges globally. The company’s bread and butter are its state-of-the-art Extreme Ultraviolet (EUV) lithography systems, which employ a complex interplay of light and lenses to etch extremely fine patterns onto silicon wafers. This technology is central to fabricating the most advanced semiconductors, found at the heart of every contemporary technology, from smartphones to supercomputers. ASML’s business model thrives on the integration of cutting-edge innovation and strategic partnerships. By collaborating closely with major chipmakers like Intel, Samsung, and TSMC, ASML ensures its technology not only meets but anticipates industry needs. The company generates revenue through the sale of these sophisticated machines, each potentially priced at over $100 million, complemented by lucrative long-term service agreements. In addition to selling new systems, ASML capitalizes on servicing and upgrading approximately 7,000 lithography machines operating worldwide. This approach provides a stable and continuous revenue stream, cementing ASML’s role as a linchpin in the semiconductor supply chain. Through relentless innovation and strategic maneuvers, ASML not only adapts to but shapes the future of technology.