Last Price | 688.00 | Max Price | 1002.00 |
Min Price | 618.20 | 1 Year return | 36.56 |
Avg. Target | 1030.50 | Expected Return | 49.78 % |
Sector | Technology | Subsector | Semiconductor industry |
Sell | 0 | Rating | |
Hold | 1 | Concensus | |
Buy | 9 | ||
Annual report 2019 |
ASML is a world leader in the manufacture of advanced technology systems for the semiconductor industry. The company offers an integrated portfolio for manufacturing complex integrated circuits (also called ICs or chips). ASML designs, develops, integrates, markets and services advanced systems used by customers – the major global semiconductor manufacturers – to create chips that power a wide array of electronic, communications and information technology products. Founded in the Netherlands in 1984, the company is publicly traded on Euronext Amsterdam and NASDAQ under the symbol ASML .
ASML Holding N.V. is a Dutch company founded in 1984, originally known as Advanced Semiconductor Materials Lithography. They specialize in the development and production of photolithography machines utilized in the manufacturing of computer chips.
As of 2023, they are the largest supplier to the semiconductor industry and hold a monopoly on extreme ultraviolet lithography (EUV) machines needed for producing cutting-edge chips.
In June 2023, ASML became the most valuable tech company in Europe with a market capitalization of approximately $280 billion.
Their main product is their diagonally cut lens that is used in their photolithography machines to imprint patterns onto a silicon wafer coated with light-sensitive material.
This process is repeated multiple times to create electronic circuits on the wafer.
ASML 's competitors include Ultratech, Canon, Nikon, MKS Instruments, Lam Research , and Cadence Design Systems.
They were also involved in developing immersion lithography technology with Taiwan Semiconductor Manufacturing (TSMC) and have since produced high-end systems capable of producing features as small as 32 nanometers.
Their deep ultraviolet (DUV) lithography devices use light from the UV spectrum to print microchip structures.
In 2009, ASML collaborated with IMEC research center to produce the first functional 22 nm CMOS Static random-access memory using prototype EUV machines.
By 2011, series-produced EUV machines were shipped to customers. After years of development and testing, ASML successfully shipped the first commercial EUV machine in 2013.
These machines utilize a high-energy laser focused on tiny droplets of molten tin to produce plasma that emits EUV light.
The light is then bounced off super-flat Zeiss mirrors onto the wafer surface to create chip designs.
The Twinscan NXE:3600D has been their top-selling EUV machine with a price tag of up to $200 million and requires three Boeing 747s to transport.
As of 2022, ASML has shipped approximately 140 EUV systems worldwide and holds a monopoly on their production.
They are currently working on the next generation High-NA EUV machines with an increased numerical aperture (NA) of 0.55 compared to the current NA of 0.33, at a cost of $300 million each.
Additionally, ASML has a significant portfolio in imprint lithography technology.
With headquarters in Veldhoven, Netherlands, ASML employs over 39,000 individuals from various countries and works with almost 5,000 suppliers.
They have a global customer base and operate sixty service points across sixteen countries.
Listed on both the AEX and NASDAQ Stock Exchanges as ASML , this tech company is also a component of the Euro Stoxx 50 and NASDAQ-100.
As of 2023, it holds the title of most valuable European tech company with a market capitalization of around US$270 billion.
The company, originally known as ASM Lithography, was founded in 1984 through a joint venture between Dutch companies ASM and Philips .
After becoming independent in 1988, the decision was made to keep the abbreviation ASML as the official name.
In October 2012, ASML acquired Cymer Inc., a manufacturer of DUV and EUV sources.
However, they paused development of their 450 mm lithography equipment in November 2013 due to uncertain demand from chipmakers.
In 2015, ASML experienced theft of intellectual property by some employees at their Silicon Valley subsidiary.
They then acquired Hermes Microvision Inc. in June 2016 for $3.1 billion to enhance their technology for creating smaller and more advanced semiconductors.
In 2018, the Trump administration attempted to block the sale of ASML technology to China, but as of 2021, the ongoing global chip shortage and "technological cold war" between the U.S. and China have presented business opportunities for ASML .
In November 2020, ASML acquired German company Berliner Glas Group to meet increasing demand for components for their EUV systems.
Most recently, in July 2021, European Commissioner Thierry Breton visited ASML and announced a goal for Europe to produce at least 20% of the world's semiconductors by 2030 through a partnership with the European Alliance on Semiconductors.
After releasing their financial report in July of 2021, the company announced that they had a virtual monopoly on the machines used by TSMC and Samsung Electronics for producing high-tech chips.
In February of 2023, ASML accused a former employee of stealing important information about their technology in China. This was not the first time ASML was suspected of being involved in intellectual property breaches related to China, and this incident occurred amid tensions between the US and China over trade and technology.
The US Department of Commerce expressed concerns about this economic espionage against ASML .
In October of 2023, a Dutch newspaper reported that the ex-employee who stole ASML 's data later began working for Huawei.
In March of 2023, the Dutch government implemented restrictions on chip exports in order to safeguard national security.
This decision affected ASML , as it is one of the key players in the global microchip supply chain.
These export license requirements were enforced starting in September of 2023.
Additionally, in January of 2024, the Dutch government imposed further limitations on shipping advanced chip-making equipment to China.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 11,820 | 412,016 | 2.87 % |
2020 | 13,979 | 444,599 | 3.14 % |
2021 | 18,611 | 544,501 | 3.42 % |
2022 | 21,173 | 635,577 | 3.33 % |
2023 | 0 | 0 | 0.00 % |
ASML op record hunt according analysts
Analysts: this year best year ever for ASML
Analysts foresee record year for ASML
Analysts anticipate a super year for ASML
Analysts expect over 2021 rising revenue ASML
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
The company's head quarter is located in Veldhoven. The company mostly operates in the semiconductor sector. The global semiconductor companies gained around 58 percent over the period 2006-2016. Over the past 5 years the sector is 20 percent higher.
Over the period from December 2015 till December 2016 the stock gained around 30 percent. The period between August 2011 and August 2016 was a profitable period for the investors. The stock rose on average 230 percent. ASML's revenues between 2011 and 2015 were very volatile through the time and moved between 4,73 billion euros and 6,29 billion euros. ASML's net incomes between 2011 and 2015 were quiet stable and moved between 1,49 billion euros and 1,62 billion euros.
Over the past 5 years the Dutch company paid out dividends. ASML's dividend return over the period 2011 - 2015 was around 3,23 percent per year.
At the end of 2015 the company had around 11,32 thousand people employed.
Last year the balance sheet of the Dutch company was worth 14,51 billion euros. The total debt was around 5,02 billion euros. This is 34,61 percent of the total balance sheet. The Dutch company's price/earnings-ratio was 24. So the market valued the stock at 24 times the 2015' earnings per share. We could say that based on it's price/earnings-ratio and dividend yield the Dutch stock can be seen as a value stock.
At the end of 2015 the Dutch company's market capitalization equaled around 34,49 billion euros. At the end of 2015 around 430,64 million stocks were listed.
At this page you find all ASML's financial reports. More information about ASML can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
6,287
|
6,795
|
9,053
|
10,944
|
11,820
|
13,979
|
Costs |
4,668
|
5,152
|
6,878
|
8,419
|
9,239
|
10,282
|
Profit |
1,619
|
1,642
|
2,175
|
2,526
|
2,581
|
3,697
|
Margin of profit |
25.76
|
24.17
|
24.03
|
23.08
|
21.84
|
26.45
|
ROI |
17.06
|
14.69
|
18.04
|
19.51
|
18.60
|
24.16
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
9,491
|
11,181
|
12,056
|
12,942
|
13,877
|
15,301
|
Debt |
5,024
|
7,485
|
7,542
|
8,734
|
10,158
|
13,566
|
Total assets |
14,515
|
18,666
|
19,598
|
21,676
|
24,035
|
28,867
|
Solvency |
65.39
|
59.90
|
61.52
|
59.71
|
57.74
|
53.01
|
Cash |
3,409
|
4,057
|
3,288
|
4,034
|
4,718
|
7,352
|
Cashflow |
2,400
|
2,067
|
2,238
|
3,369
|
3,655
|
5,307
|
Employees |
12,168
|
13,991
|
16,219
|
17,000
|
0
|
|
Revenue per employee |
0.52
|
0.49
|
0.56
|
0.64
|
0.0
|
|
Cashflow / Debt |
0.48
|
0.28
|
0.30
|
0.39
|
0.36
|
0.39
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
82.55
|
106.65
|
145.15
|
137.16
|
263.70
|
Eps |
3.84
|
5.04
|
5.92
|
6.12
|
8.82
|
Price/earnings-ratio |
21.50
|
21.16
|
24.52
|
22.41
|
78.00
|
Dividend |
1.02
|
1.19
|
1.79
|
2.04
|
2.34
|
Dividend % |
1.24 %
|
1.12 %
|
1.23 %
|
1.49 %
|
0.34 %
|
Payout % |
0.27
|
0.24
|
0.30
|
0.33
|
0.27
|
Book value |
26.01
|
28.21
|
30.73
|
33.06
|
36.74
|
Market to book |
0.32
|
0.26
|
0.21
|
0.24
|
0.05
|
Cashflow per stock |
4.81
|
5.24
|
8.00
|
8.71
|
12.74
|
Stocks |
430
|
427
|
421
|
420
|
417
|
Market Cap |
35.491.65
|
45.581.53
|
61.122.37
|
57.581.28
|
286.561.63
|
Date
|
Price
|
---|---|
17 Dec 2024
|
688.00
|
10 Dec 2024
|
675.00
|
06 Dec 2024
|
679.20
|
03 Dec 2024
|
664.10
|
29 Nov 2024
|
642.90
|
27 Nov 2024
|
640.00
|
13 Nov 2024
|
630.30
|
08 Nov 2024
|
624.70
|
05 Nov 2024
|
618.20
|
31 Oct 2024
|
634.00
|
29 Oct 2024
|
655.50
|
23 Oct 2024
|
666.80
|
19 Oct 2024
|
664.50
|
16 Oct 2024
|
633.90
|
14 Oct 2024
|
792.00
|
05 Oct 2024
|
757.50
|
02 Oct 2024
|
741.80
|
27 Sep 2024
|
759.80
|
20 Sep 2024
|
747.90
|
17 Sep 2024
|
719.90
|
13 Sep 2024
|
722.40
|
28 Aug 2024
|
794.20
|
26 Aug 2024
|
797.00
|
23 Aug 2024
|
833.00
|
11 Aug 2024
|
784.00
|
07 Aug 2024
|
796.00
|
05 Aug 2024
|
746.00
|
01 Aug 2024
|
850.50
|
30 Jul 2024
|
806.30
|
26 Jul 2024
|
799.60
|