Added to YB: 2026-06-16
Pitch date: 2026-06-12
ASML [neutral]
ASML Holding N.V.
-2.75%
current return
Author Info
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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 627.1B
Pitch Price
EUR 1.7K
Price Target
2.3K (+44%)
Dividend
0.46%
EV/EBITDA
47.57
P/E
63.02
EV/Sales
18.44
Sector
Semiconductors and Semiconductor Equipment
Category
value
ASML Stock Breakdown: The Irreplaceable Chip Monopoly
ASML (overview): Sole maker of EUV lithography (100% EUV, ~94% all litho); €32.7B 2025 rev, 29% net margin. Crown-jewel monopoly serving 5 chipmakers (TSMC ~31%). At 56x trailing/48x 2026 EPS, priced rich. 2030 EPS €13.8-21B; base case ~25% upside w/ FCF. Risks: lumpy growth (2% in '24), China cutoff (36%→19%), MATCH Act, xLight/Substrate X-ray startups, Zeiss supplier dependence. AI demand strong, but valuation demands premium multiple persists.
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