# ASML Holding N.V. New York Registry Shares (ASML) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Semiconductors & Chip Equipment. Price $1552.14, market value $598.2 billion.

## Valuation
- **P/E (trailing): 38.2×** (5-yr avg 41.3×, 3-yr avg 38.6×). ASML Holding N.V. New York Registry Shares trades at 38.2× trailing earnings, close to its own five-year average of 41.3×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 24.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.86**. A PEG of 0.86 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 13.6×**. Each dollar of revenue is priced at 13.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 27.3×**. The shares trade at 27.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 32.4×**. Enterprise value is 32.4× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.9%** (5-yr avg 2.8%). Free cash flow equals 3.9% of the market value, above its five-year average of 2.8%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.6%**. The inverse of the P/E: 2.6% of the price is earned each year.

## Profitability
- **Gross margin: 54.3%**. ASML Holding N.V. New York Registry Shares keeps 54.3% of revenue after the direct cost of what it sells.
- **Operating margin: 38.6%**. 38.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 29.4%**. 29.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 49.0%**. 49.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 113.9%**. Return on all capital, debt included, is 113.9%: comfortably above what that capital costs.
- **Return on assets: 26.6%**. Each dollar of assets produces 26.6% of profit.

## Growth
- **Revenue growth (1 yr): 15.6%** (3-yr 15.6%/yr, 5-yr 18.5%/yr). Revenue grew 15.6% over the last year, against 18.5% a year compounded over five years.
- **EPS growth (1 yr): 28.4%** (3-yr 20.5%/yr, 5-yr 23.8%/yr). Earnings per share rose 28.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 15.4%/yr**. Free cash flow has compounded at 15.4% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.22**. Debt is 0.22 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. ASML Holding N.V. New York Registry Shares holds more cash than debt.
- **Current ratio: 1.26** (quick 1.26). Current assets cover the next year's liabilities 1.26 times.
- **Altman Z-score: 13.67**. A Z-score of 13.67 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.60%** ($9.31 per share, trailing). ASML Holding N.V. New York Registry Shares yields 0.60%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 27%** (14% of free cash flow). 27% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 20.9%/yr** (1-yr 0.9%). The dividend has compounded at 20.9% a year over five years, doubling roughly every 3 years at that pace.
- **Shareholder yield: 2.0%**. Dividends plus net buybacks return 2.0% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (17 analysts). 17 analysts cover ASML Holding N.V. New York Registry Shares; the consensus is strong_buy, with an average price target of $2141.55 (+38% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 44.8%** (YTD 43.3%, 3-mo -7.1%). The shares are up 44.8% over twelve months including dividends.
- **From 52-week high: -22.4%** (64.1% above the low). Trading 22% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 2.26** (volatility 47%). Beta of 2.26 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ASML · Page: https://foliofundamentals.com/stocks/asml

Not investment advice.