ASM International (ASM) Stock Price, Fundamentals & Analysis

What ASM does

ASM International (ASM) is a Dutch technology company headquartered in Almere, Netherlands, listed on Euronext Amsterdam, and operating in the Semiconductor Equipment & Materials industry. The company, together with its subsidiaries, researches, develops, manufactures, markets, and services equipment and materials used to produce semiconductor devices across the United States, Europe, and Asia. Its product portfolio includes wafer-processing deposition systems for surface modification, atomic layer deposition (ALD) such as plasma enhanced ALD (PEALD), epitaxy (Epi), plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems including low pressure chemical vapor deposition (LPCVD), diffusion, oxidation, and cure. It also provides silicon carbide epitaxy (SiC Epi) tools for power and wafer applications, chemical mechanical polishing equipment for compound semiconductors and More-than-Moore manufacturing, and spare parts and support services. It sells its products to semiconductor manufacturers. The company was formerly known as Advanced Semiconductor Materials International NV.

Key numbers explained

• Market and price: ASM trades on Euronext Amsterdam and is priced at 844.6 EUR, with a +1.37% change today. Its market capitalization stands at 41.23B EUR, reflecting its position as a major player in the semiconductor equipment sector.

• Valuation ratios: The trailing P/E ratio is 38.6, while the forward P/E ratio (based on expected earnings) is 27.5. The P/E ratio (price-to-earnings ratio) compares a company's stock price to its earnings per share, indicating how much investors are willing to pay for each unit of earnings. A lower forward P/E relative to trailing P/E may suggest expected earnings growth.

• Earnings and profitability: Earnings per share (trailing 12 months) is 21.88 EUR, with a profit margin of 31.9% and an operating margin of 32.2%. Return on equity (ROE) is 26.8%, showing efficient use of shareholder capital.

• Dividends: The dividend yield is 0.38%, with an ex-dividend date of May 13, 2026. Only 15% of earnings are paid out as dividends, indicating a low payout ratio and potential for reinvestment or future growth.

• Risk and volatility: Beta is 1.52, meaning the stock is more volatile than the market. The 52-week price range is 459.7 – 1,092.5, and the stock has risen 66.3% over the past year.

• Financial health: Revenue (trailing 12 months) is 3.36B EUR, with 20% year-over-year growth. The debt-to-equity ratio is 1.6%, and price-to-book is 9.3.

• Next earnings: The next earnings date is Oct 27, 2球26.

What to watch

• Industry cyclicality: Semiconductor equipment demand is tied to global chip cycles, capital spending by manufacturers, and technological transitions (e.g., advanced nodes, packaging).
• Geographic exposure: Operations in the US, Europe, and Asia make it sensitive to regional economic and geopolitical shifts.
• Customer concentration: Revenue depends on a relatively small number of large semiconductor manufacturers.
• R&D intensity: High investment in innovation is required to maintain competitive positioning.
• Macro factors: Interest rates, trade policies, and supply chain disruptions can affect order timing and margins.