EN DE
STOCK COMPARISON

Polaris Works vs ASML Holding: Fair Value & Quality

Both stocks run through our valuation models. Here is how Polaris Works (123010) and ASML Holding (ASML) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Polaris Works trades at KRW 3,360 versus a fair value of KRW 2,224 (-34%), while ASML Holding trades at €1,503 versus €1,350 (-10%).
Polaris Works
123010.KQ · KRW · Information Technology
-34%
upside to fair value
overvalued
PriceKRW 3,360
Fair ValueKRW 2,224
Quality56/100
ASML Holding
ASML.AS · EUR · Information Technology
-10%
upside to fair value
overvalued
Price€1,503
Fair Value€1,350
Quality82/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Polaris WorksASML Holding
Valuation
n/aP/E (TTM)59.8×
n/aP/S (TTM)18.99×
n/aP/B34.21×
n/aEV/EBITDA49.0×
n/aPEG2.19×
−33.8%Fair value upside−10.2%
n/aDividend yield0.4%
n/aDividend per share€6.56
Profitability
14%Operating margin37%
n/aEBIT margin trend (5Y)1.19×
-7%Return on equity54%
2%Return on assets16%
Growth
-10%Revenue growth (YoY)21%
47.3%Avg. growth/yr (3Y)15.6%
36.7%Avg. growth/yr (5Y)18.5%
n/aValue creation/yr+24.3%
Balance & size
0.2×Interest coverage (EBIT/interest)95.5×
0.21×Debt / equity0.14×
$37MMarket cap$671B
mixedGrowth qualityhealthy

ASML Holding leads: 2 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Polaris Worksof which business quality 53 · market factors 58 ASML Holdingof which business quality 79 · market factors 66
ProfitabilityMargins and returns on capital today
16
81
Quality GrowthAre margins and returns improving?
75
77
CashflowEarnings quality: real cash, not paper profit
43
86
Fin. StrengthBalance sheet, leverage, solvency risk
47
85
InvestmentDisciplined investing over empire-building
94
42
Low VolatilityCalm price path (market factor)
26
35
MomentumPrice trend over the last 3–12 months (market factor)
69
73
52W MomentumDistance to the 52-week high (market factor)
74
88
Net IssuanceShare count: buybacks or dilution?
76
92

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyPolaris WorksPrice KRW 3,360ASML HoldingPrice €1,503
DCF Models-24%below the priceKRW 2,549-45%below the price€824
Earnings-Based-99%below the priceKRW 42-74%below the price€393
Dividend Discountn/a-92%below the price€127
Multiples-96%below the priceKRW 130-66%below the price€515
Asset-Based-84%below the priceKRW 521-98%below the price€34.21
Growth DCF-48%below the priceKRW 1,732-49%below the price€761
Economic Profit-99%below the priceKRW 42-75%below the price€376
Growth Earningsn/a-55%below the price€675
Minimum-99%below the priceKRW 42-98%below the price€34.21
Maximum-24%below the priceKRW 2,549-45%below the price€824
Median-90%below the priceKRW 326-70%below the price€454
Geometric mean-92%below the priceKRW 283-78%below the price€330

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Polaris Works: 13 of 13 models see the stock below the current price.

ASML Holding: 26 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Polaris Works
Price KRW 3,360
Fair Value KRW 2,224
Bear KRW 1,285Bull KRW 4,255
ASML Holding
Price €1,503
Fair Value €1,350
Bear €853Bull €2,668

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Polaris Works · Information Technology

Quality score56 · above median
Fair value upside-34% · below median

ASML Holding · Information Technology

Quality score82 · Top 25%
Fair value upside-10% · above median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Polaris Works trades at KRW 3,360 versus a fair value of KRW 2,224 (-34%), while ASML Holding trades at €1,503 versus €1,350 (-10%).

ASML Holding has the higher quality score (82/100).

Open ASML Holding live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.