Added to YB: 2024-02-14
Pitch date: 2024-02-12
ASMIY [bullish]
ASM International NV
-6.04%
current return
Author Info
No bio for this author
Company Info
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia.
Market Cap
EUR 26.8B
Pitch Price
EUR 548.73
Price Target
683.16 (+32%)
Dividend
0.55%
EV/EBITDA
23.49
P/E
51.25
EV/Sales
7.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
ASM International: Leader In ALD Technology And Targeting The Gen AI Market
$ASMIY: ALD leader (55%+ share) to benefit from semi complexity (GAA) & diversification (LPE buy). 40%+ ALD CAGR seen by '27 on AI/memory. Strong financials, high dbl-digit rev growth target thru '27, net cash, FCF returns. Specialized vs larger rivals. Strong Buy.
Read full article (5 min)