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ASM International NVENXTAM:ASM Stock Report

Market Cap €42.4b
Share Price
€867.40
€1.1k
20.8% undervalued intrinsic discount
1Y83.0%
7D-4.2%
1D
Portfolio Value
View

ASM International NV

ENXTAM:ASM Stock Report

Market Cap: €42.4b

ASM International (ASM) Stock Overview

Engages in the research, development, manufacturing, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia. More details

ASM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

ASM Community Fair Values

Create Narrative

See what 86 others think this stock is worth. Follow their fair value or set your own to get alerts.

ASM International NV Competitors

Price History & Performance

Summary of share price highs, lows and changes for ASM International
Historical stock prices
Current Share Price€867.40
52 Week High€919.40
52 Week Low€400.00
Beta1.53
1 Month Change4.43%
3 Month Change27.07%
1 Year Change82.96%
3 Year Change120.88%
5 Year Change229.06%
Change since IPO10,267.55%

Recent News & Updates

Narrative Update May 19

ASM: Higher Margins And Buybacks Are Expected To Support Future P/E Repricing

ASM International's analyst price targets have been raised by up to about €160 in recent research, as analysts incorporate slightly higher revenue growth expectations and updated P/E assumptions into their models. Analyst Commentary Recent research updates point to a cluster of higher price targets for ASM International, with several bullish analysts revisiting their models and adjusting assumptions on revenue growth and P/E levels.
Analysis Article Apr 28

Additional Considerations Required While Assessing ASM International's (AMS:ASM) Strong Earnings

ASM International NV ( AMS:ASM ) just reported some strong earnings, and the market reacted accordingly with a healthy...

Recent updates

Narrative Update May 19

ASM: Higher Margins And Buybacks Are Expected To Support Future P/E Repricing

ASM International's analyst price targets have been raised by up to about €160 in recent research, as analysts incorporate slightly higher revenue growth expectations and updated P/E assumptions into their models. Analyst Commentary Recent research updates point to a cluster of higher price targets for ASM International, with several bullish analysts revisiting their models and adjusting assumptions on revenue growth and P/E levels.
Analysis Article Apr 28

Additional Considerations Required While Assessing ASM International's (AMS:ASM) Strong Earnings

ASM International NV ( AMS:ASM ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Narrative Update Apr 28

ASM: Higher Margins And Almere Hub Will Support Future P/E Repricing

ASM International's analyst price target has been raised from €900 to €1,095 as analysts reflect updated assumptions for revenue growth, profit margins and future P/E multiples, following a series of recent target increases across major banks. Analyst Commentary Recent Street research points to a broadly constructive tone around ASM International, with several bullish analysts lifting price targets and one major upgrade signaling increased confidence in the shares.
Analysis Article Apr 24

ASM International NV Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

ASM International NV ( AMS:ASM ) investors will be delighted, with the company turning in some strong numbers with its...
Narrative Update Apr 13

ASM: Future Margins And Buybacks Are Expected To Support Fair Value

Analysts have trimmed the change in ASM International's fair value estimate to about €1.85, with modest tweaks to the discount rate, revenue growth, profit margin assumptions and future P/E. These adjustments are helping to support a series of higher Street price targets now clustering around €820 to €850.
Narrative Update Mar 30

ASM: Premium Margins And Capital Returns Will Support Future Share Performance

The analyst price target for ASM International has been adjusted modestly higher to align with an updated fair value estimate of about €806. This move is supported by Street research that generally raises targets into the €820 to €850 range as analysts factor in revised growth and margin assumptions.
Narrative Update Mar 16

ASM: Premium Margins And Almere Hub Will Support Future Share Performance

Analysts have lifted the implied fair value estimate for ASM International from €745.05 to €802.50, reflecting a series of higher price targets across the Street, including recent moves to €850 at Morgan Stanley, €825 at Deutsche Bank and €820 at Berenberg, supported by updated assumptions for revenue growth, profit margins and future P/E. Analyst Commentary Recent research shows a clear split between bullish analysts lifting their price targets and at least one bearish voice warning that expectations may be running ahead of underlying trends.
Narrative Update Mar 02

ASM: Almere Hub And Margin Profile Will Support Higher Future P/E

Analysts have raised their price targets on ASM International by up to several hundred euros. The higher estimates are generally tied to updated views on growth, margins and P/E assumptions.
Narrative Update Feb 16

ASM: Higher P/E Will Be Supported By New Almere R&D Hub

The analyst price target for ASM International in our model has shifted from €800 to €900. This reflects updated Street research in which several banks have raised their targets and cited higher expected revenue growth, slightly stronger profit margins, and a higher future P/E, even though the discount rate used in valuations has also moved up.
Narrative Update Feb 02

ASM: Premium Margins And Almere Expansion Will Support Future Share Performance

The updated analyst price target for ASM International moves to €745.05 from €627.47, reflecting analysts' recent target hikes from multiple banks and their rationale around modestly adjusted growth, slightly higher margins and a higher assumed future P/E of about 39.6x. Analyst Commentary Recent Street research on ASM International shows a mix of optimism on long term opportunities alongside fresh caution around where the shares are currently trading and how expectations are set.
Narrative Update Jan 19

ASM: Higher P/E Will Be Supported By Long Term Margin Potential

The analyst fair value estimate for ASM International has moved from €700.00 to €800.00, as analysts factor in higher long term revenue and margin assumptions alongside a richer future P/E multiple. This echoes recent upward price target revisions from several firms, even as some caution that broader semiconductor demand outside AI remains subdued.
Analysis Article Jan 16

There's Reason For Concern Over ASM International NV's (AMS:ASM) Massive 31% Price Jump

The ASM International NV ( AMS:ASM ) share price has done very well over the last month, posting an excellent gain of...
Narrative Update Jan 05

ASM: Premium Multiple Will Be Supported By Advanced Chip Equipment Demand

Analysts have lifted their price target on ASM International to EUR 700 from EUR 690, citing increased confidence reflected in higher street targets from EUR 560 to EUR 640 and from EUR 550 to EUR 650, even as they temper long term growth and margin assumptions and assign a higher future price-to-earnings multiple. Analyst Commentary Bullish analysts have highlighted ASM International's strengthening fundamentals as a key driver behind recent upward revisions to price targets, pointing to resilient demand across end markets and continued share gains in advanced semiconductor equipment.
Analysis Article Dec 27

Under The Bonnet, ASM International's (AMS:ASM) Returns Look Impressive

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Narrative Update Dec 17

ASM: Premium Margins And Advanced Node Demand Will Support Further Share Gains

Analysts have nudged their price target on ASM International slightly higher to about EUR 627 from roughly EUR 626, citing stronger confidence in the company’s long term revenue growth, profit margins, and valuation multiple as reflected in recent target increases from major brokerage houses. Analyst Commentary Bullish analysts have recently pushed their price targets for ASM International toward the mid EUR 600s, reinforcing the view that the company can sustain robust top line growth and defend premium valuation multiples.
Narrative Update Dec 03

ASM: Premium Multiple And Margin Strength Will Support Further Share Gains

Analysts have nudged their average price target for ASM International modestly higher to about EUR 640, reflecting slightly stronger long term revenue growth and profit margin assumptions. These support a still premium but marginally lower future P E multiple.
Analysis Article Dec 02

Should You Be Adding ASM International (AMS:ASM) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Nov 19

ASM: Margin Strength And Upbeat Revenue Guidance Will Lift Shares In 2025

ASM International's analyst price target has increased from €617.05 to €626.16, as analysts cite continued margin strength and a positive outlook, despite a slightly lower revenue growth projection. Analyst Commentary Recent changes in analyst coverage for ASM International reflect differing perspectives on the company's growth outlook and valuation.
Narrative Update Nov 05

ASM: Future Revenue Guidance Adjustments Will Shape Shares Amid Recent Upgrades

ASM International’s fair value estimate has increased by approximately €20 to €617. This change reflects analysts’ upward revisions, driven by enhanced growth forecasts and recent price target raises from major research firms.
Narrative Update Oct 22

Analysts Mixed on ASM International as Fair Value Rises Amid Adjusted Revenue Guidance

ASM International's fair value estimate has been raised from €583.3 to €597.4. This change reflects analysts' recent adjustments to price targets and improving expectations for the company's revenue growth. Analyst Commentary Analysts have recently updated their views on ASM International, resulting in both upward and downward revisions to price targets.
Analysis Article Oct 14

ASM International NV (AMS:ASM) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

ASM International NV ( AMS:ASM ) shares have had a really impressive month, gaining 28% after a shaky period...
Narrative Update Oct 08

Advanced Nodes And Epitaxy Will Drive Semiconductor Development

ASM International's analyst price target has increased to €583.30 from €571.40, as analysts adjust expectations based on updated profit margin outlooks and recent changes in industry demand forecasts. Analyst Commentary Recent street research highlights a range of perspectives among analysts regarding ASM International's outlook, with both upward and downward adjustments to price targets in response to evolving market dynamics and company performance.
Narrative Update Sep 06

Advanced Nodes And Epitaxy Will Drive Semiconductor Development

ASM International’s consensus price target saw a modest reduction to €571.40 as analysts cite a recent Q2 order miss, rising macro uncertainty in WFE demand, and renewed concerns about 2026 growth prospects. Analyst Commentary Lowered price targets reflect recent Q2 order miss, raising concerns about 2026 organic growth prospects.
Analysis Article Aug 29

The Price Is Right For ASM International NV (AMS:ASM)

When close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Jul 24

Investors Shouldn't Overlook The Favourable Returns On Capital At ASM International (AMS:ASM)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 09

Is There Now An Opportunity In ASM International NV (AMS:ASM)?

Let's talk about the popular ASM International NV ( AMS:ASM ). The company's shares led the ENXTAM gainers with a...
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New Narrative Nov 07

Gate-All-Around Technology And New Molybdenum Applications To Drive Market Expansion And Future Earnings Growth

Strong demand for GAA technology and high-bandwidth memory could significantly increase market share and stabilize future revenue streams.

Shareholder Returns

ASMNL SemiconductorNL Market
7D-4.2%-1.3%-1.8%
1Y83.0%124.9%31.1%

Return vs Industry: ASM underperformed the Dutch Semiconductor industry which returned 124.9% over the past year.

Return vs Market: ASM exceeded the Dutch Market which returned 31.1% over the past year.

Price Volatility

Is ASM's price volatile compared to industry and market?
ASM volatility
ASM Average Weekly Movement6.8%
Semiconductor Industry Average Movement10.3%
Market Average Movement4.6%
10% most volatile stocks in NL Market7.8%
10% least volatile stocks in NL Market2.7%

Stable Share Price: ASM's share price has been volatile over the past 3 months compared to the Dutch market.

Volatility Over Time: ASM's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Dutch stocks.

About the Company

FoundedEmployeesCEOWebsite
19684,504Hichem M'Saadwww.asm.com

ASM International NV, together with its subsidiaries, engages in the research, development, manufacturing, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia. The company offers equipment used in wafer processing, which encompasses the fabrication steps in which silicon wafers are layered with semiconductor devices. It also provides wafer-processing deposition systems for surface modification, atomic layer deposition (ALD), such as plasma enhanced ALD (PEALD); epitaxy (Epi); plasma enhanced chemical vapor deposition (PECVD); and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, oxidation, and cure.

ASM International NV Fundamentals Summary

How do ASM International's earnings and revenue compare to its market cap?
ASM fundamental statistics
Market cap€42.40b
Earnings (TTM)€991.10m
Revenue (TTM)€3.20b
42.8x
P/E Ratio
13.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASM income statement (TTM)
Revenue€3.20b
Cost of Revenue€1.54b
Gross Profit€1.66b
Other Expenses€664.50m
Earnings€991.10m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 28, 2026

Earnings per share (EPS)20.27
Gross Margin51.79%
Net Profit Margin31.01%
Debt/Equity Ratio0%

How did ASM perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
16%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 23:48
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ASM International NV is covered by 35 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FontanelliArete Research Services LLP
Simon Alexander ColesBarclays
Keagan Bryce-BorthwickBarclays