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ASM International NV ASM.AS

NL · Euronext Amsterdam · XAMS · stock · Technology · website

ASM International NV statistics & valuation

Market cap€47.7B
P / E65.9×
P / S15.0×
P / B11.9×
P / FCF80.5×
Net margin22.8%
FCF margin18.7%
Net cash€1.0B
Enterprise value USD$53.4B
Earnings yield EBIT/EV2%
Return on capital21.8%
Graham number -83.1%€164.63

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€164.63); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
16.10% 28.50% 23.40% 22.80% 2022202320242025
Gross margin (%)
47.40% 48.30% 50.50% 51.80% 2022202320242025
Operating margin (%)
26.20% 24.80% 27.40% 29.60% 2022202320242025
Return on equity (%)
14.20% 23.30% 18.30% 18.10% 2022202320242025
Shares outstanding
48.9M 48.9M 48.9M 48.9M 2022202320242025
Net debt (€)
-€390.9M -€603.2M -€915.3M -€1.01B 2022202320242025
Share buybacks (€)
€0 €100.9M €151.4M €152.1M 2022202320242025
Return on assets (%)
10.40% 17.80% 13.30% 13.60% 2022202320242025
Free cash flow margin (%)
13.80% 15.90% 18.20% 18.70% 2022202320242025
Debt / equity (×)
0.01× 0.01× 0.00× 0.00× 2022202320242025
EPS (€)
€7.93 €15.18 €13.89 €14.70 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ASM International NV trades at about 66.4× earnings — above its 10-year norm (10-year range 34×–48.3×, median 40.8×).

34× 66.4×

Shaded band = 10-year range (34×–48.3×); dot = today's 66.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin51.8%50.5%48.3%47.4%
Operating margin29.6%27.4%24.8%26.2%
Net margin22.8%23.4%28.5%16.1%
FCF margin18.7%18.2%15.9%13.8%
Return on assets13.6%13.3%17.8%10.4%
Return on equity18.1%18.3%23.3%14.2%
Current ratio2.252.012.452.14

Computed from company filings · NL · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.