Projected Income Statement: ASML Holding N.V.

Forecast Balance Sheet: ASML Holding N.V.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -1,610 -2,689 -3,515 -3,862 -2,379 -9,064 -8,118 -11,493
Change - -267.02% -230.72% -209.87% -161.6% -481% -297.52% -241.57%
Announcement Date 22/01/20 20/01/21 19/01/22 25/01/23 24/01/24 29/01/25 - -
1EUR in Million
Estimates

Cash Flow Forecast: ASML Holding N.V.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 766.6 962 900.7 1,282 2,156 2,067 1,942 2,029
Change - 25.49% -6.37% 42.31% 68.17% -4.1% 3.67% 4.45%
Free Cash Flow (FCF) 1 2,510 3,666 9,945 7,205 3,288 9,099 6,444 9,767
Change - 46.05% 171.31% -27.55% -54.37% 176.75% 59.38% 51.58%
Announcement Date 22/01/20 20/01/21 19/01/22 25/01/23 24/01/24 29/01/25 - -
1EUR in Million
Estimates

Forecast Financial Ratios: ASML Holding N.V.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 27.41% 32.49% 37.65% 33.46% 35.5% 35.17% 36.54% 39.01%
EBIT Margin (%) 23.61% 28.98% 35.12% 30.7% 32.81% 31.92% 33.72% 35.92%
EBT Margin (%) 23.4% 28.73% 36.03% 30.49% 32.96% 31.99% 33.82% 35.7%
Net margin (%) 21.93% 25.42% 31.61% 26.56% 28.44% 26.79% 28.51% 30.05%
FCF margin (%) 21.23% 26.22% 53.44% 34.03% 11.93% 32.19% 19.8% 26.75%
FCF / Net Income (%) 96.82% 103.15% 169.05% 128.11% 41.94% 120.17% 69.44% 89.03%

Profitability

        
ROA 12.12% 14.24% 20.46% 16.91% 20.56% 17.1% 18.45% 20.45%
ROE 21.39% 26.86% 49.01% 59.35% 70.42% 47.43% 47.33% 48.57%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 6.49% 6.88% 4.84% 6.05% 7.82% 7.31% 5.97% 5.56%
CAPEX / EBITDA (%) 23.67% 21.18% 12.85% 18.09% 22.04% 20.79% 16.33% 14.24%
CAPEX / FCF (%) 30.54% 26.24% 9.06% 17.79% 65.56% 22.72% 30.14% 20.77%

Items per share

        
Cash flow per share 1 7.771 11.04 26.43 13.44 13.81 28.37 24.8 30.9
Change - 42.08% 139.34% -49.14% 2.77% 105.39% 33.74% 24.56%
Dividend per Share 1 2.4 2.75 5.5 5.8 6.1 6.474 7.046 8.208
Change - 14.58% 100% 5.45% 5.17% 6.12% 8.85% 16.48%
Book Value Per Share 1 29.92 33.15 24.75 22.15 34.13 46.94 50.27 62.12
Change - 10.77% -25.35% -10.47% 54.07% 37.53% 11.98% 23.58%
EPS 1 6.15 8.48 14.34 14.13 19.89 19.24 23.74 28.55
Change - 37.89% 69.1% -1.46% 40.76% -3.27% 24.7% 20.22%
Nbr of stocks (in thousands) 419,686 410,673 406,474 398,937 394,590 393,831 393,831 393,831
Announcement Date 22/01/20 20/01/21 19/01/22 25/01/23 24/01/24 29/01/25 - -
1EUR
Estimates
2024 2025 *
P/E ratio 35.3x 30.7x
PBR 14.5x 14.5x
EV / Sales 9.12x 8.56x
Yield 0.89% 0.97%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
38
Last Close Price
727.80EUR
Average target price
842.81EUR
Spread / Average Target
+15.80%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. ASML Stock
  4. Financials ASML Holding N.V.