ASM International NV
AEX:ASM
EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (29.2), the stock would be worth €590.78 (12% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 33.2 | €671.4 |
0%
|
| 3-Year Average | 29.2 | €590.78 |
-12%
|
| 5-Year Average | 29.3 | €593.44 |
-12%
|
| Industry Average | 35.5 | €718.88 |
+7%
|
| Country Average | 15.6 | €316.19 |
-53%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
€35.7B
|
/ |
Oct 2025
€993.8m
|
= |
|
|
€35.7B
|
/ |
Dec 2025
€921.6m
|
= |
|
|
€35.7B
|
/ |
Dec 2026
€1B
|
= |
|
|
€35.7B
|
/ |
Dec 2027
€1.3B
|
= |
|
|
€35.7B
|
/ |
Dec 2028
€1.5B
|
= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| NL |
|
ASM International NV
AEX:ASM
|
33B EUR | 33.2 | 41.7 | |
| NL |
|
ASML Holding NV
AEX:ASML
|
441.4B EUR | 38.2 | 45.9 | |
| US |
|
Applied Materials Inc
NASDAQ:AMAT
|
257.6B USD | 30.4 | 32.8 | |
| US |
|
Lam Research Corp
NASDAQ:LRCX
|
249B USD | 35.6 | 40.2 | |
| US |
B
|
Brooks Automation Inc
LSE:0HQ1
|
225.7B USD | -13 375.8 | -3 901.6 | |
| US |
|
KLA Corp
NASDAQ:KLAC
|
176.5B USD | 32.5 | 38.7 | |
| JP |
|
Tokyo Electron Ltd
TSE:8035
|
19.2T JPY | 31.1 | 38.1 | |
| JP |
|
Advantest Corp
TSE:6857
|
18.7T JPY | 44.8 | 64.7 | |
| JP |
|
Disco Corp
TSE:6146
|
8T JPY | 43.6 | 60.7 | |
| CN |
|
NAURA Technology Group Co Ltd
SZSE:002371
|
335.3B CNY | 48.5 | 53.3 | |
| US |
|
Teradyne Inc
NASDAQ:TER
|
42.2B USD | 61.1 | 76.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 12.2 |
| Median | 15.6 |
| 70th Percentile | 20.9 |
| Max | 706 |
Other Multiples
ASM International NV
Glance View
In the intricate landscape of the semiconductor industry, ASM International NV emerges as a pivotal player, teetering between innovation and mastery of the atomic layer deposition (ALD) technology it pioneered. Conceived amid the surging demand for miniaturized, high-performance electronic devices, ASM crafted its legacy on developing cutting-edge equipment that manufactures the very heart of these devices—semiconductors. By perfecting ALD and epitaxial deposition processes, the company arms its clients with the ability to build increasingly intricate and efficient chips essential for modern technology. Pivotal to ASM's strategy is a commitment to substantial R&D, ensuring its equipment not only aligns with today’s semiconductor needs but also anticipates tomorrow’s technological challenges. ASM International’s profitability hinges on its ability to deliver precision and reliability in semiconductor fabrication equipment while fostering close partnerships with industry titans like TSMC, Samsung, and Intel. Through a business model reliant on sales and services, ASM supplies advanced tools that enable manufacturers to increase production efficiency and yield, thereby deriving revenue from equipment sales and service contracts. Moreover, the company's geographic dispersion—anchored by a strong presence in Asia, Europe, and the United States—ensures that it is well-positioned to capitalize on fluctuations in global demand while maintaining flexibility across various market segments. By continuously steering the course of innovation and leveraging its strategic alliances, ASM maintains a competitive edge in the fast-evolving world of semiconductor manufacturing, ensuring its clients remain at the forefront of technology advancement.