ASML Holding (1ASML) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of ASML Holding €1,198, price €1,653, upside -27.5%, quality 83 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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ASML Holding
1ASML · MIGreat Company, Expensive PriceQuality growthHigh Quality, but the stock trades above estimated Fair Value.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range €385.03 – €1,722 · fair‑value band €704.00 – €1,492 · the €1,653 price screens above the €1,198 fair value. Dashed = 300-day average. As of Oct 2, 2026.
Company profile
ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems.
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ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems. It also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography systems solutions to manufacture various range of semiconductor nodes and technologies. In addition, the company offers metrology and inspection systems, including YieldStar optical metrology systems, a diffraction-based wafer metrology platform to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, it provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services. Additionally, the company offers hardware, software, and services to chipmakers to produce the patterns of integrated circuits. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
Stock analysis
ASML Holding (1ASML) currently trades at €1,653, while our model-based Fair Value estimate is €1,198, 27.5% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €770.74 per share, and 0 of the 26 models we run sit above the €1,653 price.
Bear case: the Economic Profit group reads lowest at €241.24, and 26 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: €704.00 (bear) to €1,492 (bull), the price of €1,653 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 83/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
ASML Holding reported revenue of €32.7B in FY2025 versus €21.2B in FY2022, a compound +15.6%/yr. Reported net income was €9.6B in FY2025, compounding +19.5%/yr from FY2022.
Key figures
Market cap €637B · P/E ratio 64.0 · P/S ratio 18.8 · EPS (TTM) €25.84 · Dividend yield 0.4% · Net margin 29.4% · Return on equity 52.2% · Return on assets (EBIT) 20.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 101% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −39% fair-value upside, at −28%, 1ASML screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 80 · Market factors (momentum, volatility) 72
Revenue & earnings trend
Growth Forecast
1ASML screens overvalued: fair value 28% below the price. Compare with Lam Research Corporation →
Recent news
- ASML, TSM Earnings Could Expose a New Risk for the AI Trade
- Here is What to Know Beyond Why ASML Holding N.V. (ASML) is a Trending Stock
- Does ASML (ENXTAM:ASML) Share Buybacks Mask Rising Geopolitical Risk in Its AI EUV Monopoly?
- ASML Stock Surges 3.8% as AI Rebound Returns to Lithography
Compare ASML Holding with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductor Equipment & Materials · 214 stocks
Valuation Multiplesvs Semiconductor Equipment & Materials median · lower = cheaper
Context: sector, industry, market
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Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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Key figures of ASML Holding
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