Added to YB: 2025-10-20
Pitch date: 2025-10-16
ASML [neutral]
ASML Holding N.V.
+7.83%
current return
Author Info
No bio for this author
Company Info
ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.
Market Cap
EUR 366.4B
Pitch Price
EUR 858.09
Price Target
N/A
Dividend
0.68%
EV/EBITDA
29.14
P/E
39.03
EV/Sales
11.30
Sector
Semiconductors and Semiconductor Equipment
Category
growth
ASML Q3 2025: The Service Company Hidden in Plain Sight
ASML (earnings update): Services (Install Base Management) grew 39% YoY, now 30% of gross profit at 60% margins. China sales dropped 42%→27%, High-NA delayed by TSMC, but service flywheel accelerating. Trading like cyclical equipment co despite transformation to recurring revenue model. Base case €1,002 target.
Read full article (7 min)