STOCK COMPARISON
Lam Research vs ASML Holding: Fair Value & Quality
Both stocks run through our valuation models. Here is how Lam Research (LRCX) and ASML Holding (ASML) compare, as of Aug 8, 2026.
As of Aug 8, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Lam Research trades at $306 versus a fair value of $67.57 (-78%), while ASML Holding trades at €1,494 versus €444 (-70%).
Lam Research
LRCX · USD · Information Technology
-78%
upside to fair value
overvalued
Price$306
Fair Value$67.57
Quality77/100
ASML Holding
ASML.AS · EUR · Information Technology
-70%
upside to fair value
overvalued
Price€1,494
Fair Value€444
Quality79/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Lam ResearchASML Holding
Valuation
62.5×P/E (TTM)60.6×
19.96×P/S (TTM)19.27×
43.89×P/B34.71×
54.8×EV/EBITDA49.7×
1.90×PEG2.19×
0.3%Dividend yield0.3%
$1.01Dividend per share€5.90
Profitability
31%Net margin30%
35%Operating margin37%
67%Return on equity54%
23%Return on assets16%
Growth
24%Revenue growth (YoY)21%
2.3%Avg. growth/yr (3Y)15.6%
12.9%Avg. growth/yr (5Y)18.5%
Balance & size
0.38×Debt / equity0.14×
$433BMarket cap$681B
healthyGrowth qualityhealthy
ASML Holding leads: 6 to 8 metric wins.
Dash = 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.
Lam Researchof which business quality 84 · market factors 58
ASML Holdingof which business quality 79 · market factors 70
ProfitabilityMargins and returns on capital today
88
81
Quality GrowthAre margins and returns improving?
81
77
CashflowEarnings quality: real cash, not paper profit
83
86
Fin. StrengthBalance sheet, leverage, solvency risk
89
85
InvestmentDisciplined investing over empire-building
57
42
Low VolatilityCalm price path (market factor)
0
35
MomentumPrice trend over the last 3–12 months (market factor)
83
81
52W MomentumDistance to the 52-week high (market factor)
82
90
Net IssuanceBuybacks instead of dilution
100
92
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Lam Research
DCF Models$115
Earnings-Based$72.37
Dividend Discount$17.56
Multiples$53.24
Asset-Based$5.28
Growth DCF$105
Economic Profit$73.70
Growth Earnings$102
26 of 26 models see the stock below the current price.
ASML Holding
DCF Models€708
Earnings-Based€393
Dividend Discount€127
Multiples€342
Asset-Based€34.21
Growth DCF€664
Economic Profit€376
Growth Earnings€570
26 of 26 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Lam Research
Bear $50.32Fair Value $67.57Bull $133
$306 = current price (white tick)
ASML Holding
Bear €339Fair Value €444Bull €740
€1,494 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Lam Research · Information Technology
Quality score77 · Top 25%
Fair value upside-78% · bottom 25%
ASML Holding · Information Technology
Quality score79 · Top 25%
Fair value upside-70% · bottom 25%
Bottom line
As of Aug 8, 2026, Fair Value Calculator sees ASML Holding as the less overvalued of the two: Lam Research trades at $306 versus a fair value of $67.57 (-78%), while ASML Holding trades at €1,494 versus €444 (-70%).
ASML Holding has the higher quality score (79/100).
See the full 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 21 models. Values change with price and fundamentals; the date shown above applies.
