ASML Holding N.V. ranks below the peer group median, with profitability as the main structural support while valuation remains the clearest constraint. Price action is lagging the structural profile — current market behavior is not yet confirming the structural position.
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52w drawdown -5.1% · 21d vs sector +20.8%
Peer-relative scores, weakest to strongest
ASML develops advanced lithography systems used in semiconductor manufacturing. The company is central to the production of cutting-edge chips through its EUV technology.
ASML is traded as an execution bet, not an earnings engine. With a sector-leading 36% operating margin, the business quality is clear, but the market prices ASML with a premium that reflects its EUV leadership and AI-driven demand—demonstrating a pattern of sharply repricing the stock at any sign of regulatory or operational uncertainty. ASML is the sole supplier of advanced EUV lithography, creating a monopoly in the high-end segment and setting high expectations, which results in elevated stock volatility: 1Y volatility stands at 46.2%, among the highest in its peer group. The market demands constant proof of leadership, and a regulatory setback or operational slip is enough to trigger a sharp rerating.
Break down ASML.AS's position across all dimensions with the full interactive tool.
This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.
AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.
Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.
Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.
Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.