ASML Holding N.V. (ASML) on Decifer

Decifer ranks ASML number 59 of 265 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 36% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is expected to grow about 28% a year, profits grew 28% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, and that has stayed steady over the years, a sign of real pricing power.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares and it returns cash to shareholders.
• 36 percent returns in a critical foundry role are outstanding but wide market recognition and 13 momentum mean growth is already mostly priced in.

The current read

The evidence on ASML lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• AI Infrastructure Buildout: Global investment in AI compute capacity is driving an unprecedented buildout across the full stack: accelerator silicon, interconnect, high-bandwidth memory and storage, the leading-edge fabs and equipment that manufacture them, and the physical data-center power, cooling and construction capacity they run in.

Read the full ASML research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.