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Updated 9m ago
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ASM International NVENXTAM:ASM Stock Report

Market Cap €37.8b
Updated 9m ago
Share Price
n/a
1Y58.2%
7D-3.6%
1D2.5%
Portfolio Value
​
View

ASM International NV

ENXTAM:ASM Stock Report

Market Cap: €37.8b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

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
Valuation3/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Price-To-Earnings ratio (36.1x) is below the Semiconductor industry average (50x)

Earnings are forecast to grow 16.83% per year

Earnings grew by 103.8% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months compared to the Dutch market


ASM Community Fair Values

Create Narrative

See what 104 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
29.8% undervalued intrinsic discount
AnalystConsensusTarget
•15h ago

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

432
0
67
AN
AnalystHighTarget
45.3% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

AI And Next Generation Nodes Will Expand Deposition Markets

111
0
9
AN
AnalystLowTarget
2.1% overvalued intrinsic discount
AnalystLowTarget
•14d ago

Geopolitical Tensions And Rising Costs Will Undermine Semiconductor Prospects

44
0
2

Top Analyst Narratives

AN
AnalystConsensusTarget
29.8% undervalued intrinsic discount
AnalystConsensusTarget
•15h ago

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

432
0
67
AN
AnalystHighTarget
45.3% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

AI And Next Generation Nodes Will Expand Deposition Markets

111
0
9
AN
AnalystLowTarget
2.1% overvalued intrinsic discount
AnalystLowTarget
•14d ago

Geopolitical Tensions And Rising Costs Will Undermine Semiconductor Prospects

44
0
2
View all narratives

ASM International NV Competitors

BE Semiconductor Industries

Symbol: ENXTAM:BESI
Market cap: €14.5b

ASML Holding

Symbol: ENXTAM:ASML
Market cap: €536.2b

Teradyne

Symbol: NasdaqGS:TER
Market cap: US$52.0b

Disco

Symbol: TSE:6146
Market cap: JP¥5.5t

Price History & Performance

Summary of share price highs, lows and changes for ASM International
Historical stock prices
Current Share Price€790.80
52 Week High€1,092.50
52 Week Low€459.70
Beta1.52
1 Month Change-6.13%
3 Month Change-25.85%
1 Year Change58.16%
3 Year Change110.15%
5 Year Change118.45%
Change since IPO9,351.99%

Recent News & Updates

User avatar
Narrative Update • Sep 03

ASM: Chip Tightness And Buyback Support Will Test Optimistic Logic Spending Expectations

The analyst price target for ASM International has been updated to €774.44 from €695.50. Analysts cited higher assumed revenue growth, stronger profit margins and revised P/E expectations following a series of recent target increases from major banks.
User avatar
Narrative Update • Aug 13

ASM: AI Capex And Logic Demand Will Support Future Repricing

Analysts have lifted the fair value estimate for ASM International from €1,397.71 to €1,445.57, reflecting updated views on its addressable market and earnings power following a series of higher Street price targets in the €1,100 to €1,200 range. Analyst Commentary on ASM International Recent research on ASM International points to a cluster of higher price targets and constructive views on the company’s positioning in chip equipment and advanced logic spending.
User avatar
Narrative Update • Jul 30

ASM: AI Capex Demand And Logic Exposure Will Support Future Repricing

ASM International's updated fair value estimate moves from €1,095 to about €1,398, as analysts lift price targets into a €1,025 to €1,200 range based on expectations for stronger revenue growth, a higher future P/E and expanding logic customer opportunities, while also assuming slightly higher discount rates and more moderate profit margins. Analyst Commentary Recent Street research on ASM International points to a cluster of higher price targets and supportive commentary on the company’s positioning in advanced logic equipment.

Recent updates

User avatar
Narrative Update • Sep 03

ASM: Chip Tightness And Buyback Support Will Test Optimistic Logic Spending Expectations

The analyst price target for ASM International has been updated to €774.44 from €695.50. Analysts cited higher assumed revenue growth, stronger profit margins and revised P/E expectations following a series of recent target increases from major banks.
User avatar
Narrative Update • Aug 13

ASM: AI Capex And Logic Demand Will Support Future Repricing

Analysts have lifted the fair value estimate for ASM International from €1,397.71 to €1,445.57, reflecting updated views on its addressable market and earnings power following a series of higher Street price targets in the €1,100 to €1,200 range. Analyst Commentary on ASM International Recent research on ASM International points to a cluster of higher price targets and constructive views on the company’s positioning in chip equipment and advanced logic spending.
User avatar
Narrative Update • Jul 30

ASM: AI Capex Demand And Logic Exposure Will Support Future Repricing

ASM International's updated fair value estimate moves from €1,095 to about €1,398, as analysts lift price targets into a €1,025 to €1,200 range based on expectations for stronger revenue growth, a higher future P/E and expanding logic customer opportunities, while also assuming slightly higher discount rates and more moderate profit margins. Analyst Commentary Recent Street research on ASM International points to a cluster of higher price targets and supportive commentary on the company’s positioning in advanced logic equipment.
User avatar
Narrative Update • Jul 16

ASM: Prolonged Chip Tightness And Advanced Logic Spending Will Challenge Rich Share Price

ASM International’s analyst price target has been raised to €1,200, up €250 from €950, as analysts point to stronger market potential, tighter chip supply and broader exposure to advanced logic spending as key supports for higher fair value assumptions. Analyst Commentary Recent Street research on ASM International points to a cluster of higher price targets, with firms citing improved market potential, tight chip supply and the company’s positioning in advanced logic spending.
User avatar
Narrative Update • Jul 02

ASM: Advanced Logic Demand And Margins Are Expected To Support Fair Value

ASM International's analyst price target has been revised higher from about €808 to roughly €1,026. Analysts point to stronger estimated revenue growth, slightly higher profit margins, a richer future P/E assumption and a wider set of potential logic customers as key drivers behind the update.
User avatar
Narrative Update • Jun 18

ASM: Prolonged Chip Tightness Expectations Will Test High-Flying Stock Price

Analysts have raised their average price target for ASM International to €1,200 from €950, citing expectations of prolonged tightness in chip supply and viewing the company as a key way to gain exposure to advanced logic capital spending, with additional company specific catalysts ahead. Analyst Commentary Recent Street research on ASM International highlights confidence in the company as a way to gain exposure to advanced logic spending, while also flagging areas where execution or growth could face pressure.
User avatar
Narrative Update • Jun 03

ASM: Elevated Earnings Hopes In 2026 Will Face High-Expectation Risk

ASM International’s updated analyst price target has been lifted by about €220, with analysts pointing to higher modeled fair value, a revised discount rate, and changes to revenue growth, profit margin assumptions, and future P/E, alongside a series of recent target hikes from major banks. Analyst Commentary Recent Street research on ASM International has centered on higher price targets, with several large banks adjusting their modeled fair values.
User avatar
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...
User avatar
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...
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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...
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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.
User avatar
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...
User avatar
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.
User avatar
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.

Shareholder Returns

ASMNL SemiconductorNL Market
7D-3.6%-6.2%-3.0%
1Y58.2%86.6%29.2%

Return vs Industry: ASM underperformed the Dutch Semiconductor industry which returned 86.6% over the past year.

Return vs Market: ASM exceeded the Dutch Market which returned 29.2% over the past year.

Price Volatility

Is ASM's price volatile compared to industry and market?
ASM volatility
ASM Average Weekly Movement7.7%
Semiconductor Industry Average Movement7.9%
Market Average Movement4.0%
10% most volatile stocks in NL Market7.6%
10% least volatile stocks in NL Market2.3%

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 (8%) has been stable over the past year, but is still higher than 75% of Dutch stocks.

About the Company

FoundedEmployeesCEOWebsite
19684,908Hichem 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€37.79b
Earnings (TTM)€1.07b
Revenue (TTM)€3.36b
36.1x
P/E Ratio
11.5x
P/S Ratio

Is ASM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASM income statement (TTM)
Revenue€3.36b
Cost of Revenue€1.62b
Gross Profit€1.74b
Other Expenses€669.60m
Earnings€1.07b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 27, 2026

Earnings per share (EPS)21.93
Gross Margin51.83%
Net Profit Margin31.93%
Debt/Equity Ratio0%

How did ASM perform over the long term?

See historical performance and comparison

Dividends

0.4%
Current Dividend Yield
15%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/17 17:40
End of Day Share Price 2026/09/17 00:00
Earnings2026/06/30
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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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 38 analysts. 18 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
"Simon ColesBarclays

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