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Stock Comparison · Industry comparison · Semiconductor Equipment & Mate

ASM International vs KLA: Which Stock Looks Stronger in 2026?

KLA holds the cleaner structural position, with the lead spread across stability and valuation. ASM International still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ASM.AS: STOXX 600, KLAC: Nasdaq 100).

Updated 2026-05-17

Most of the visible separation comes from stability. KLA Corporation leads by 8 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Semiconductor Equipment & Materials

This comparison is based on industry proximity, not on functional trajectory similarity. ASM.AS and KLAC share the same industry classification.

For a similarity-based comparison, see how ASM International and KLA each position within their functional peer groups in AssetNext.

Peer-Relative Score
ASM.AS
ASM International NV
39
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
KLAC
KLA Corporation
47
Peer-Score
Signal qualitylow
Peer basis: Nasdaq 100

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: ASM.AS vs KLAC Profitability 62 70 Stability 28 47 Valuation 31 45 Growth 29 17 ASM.AS KLAC
Gap Ranking
#1 Stability +19
#2 Valuation +14
#3 Growth +12
#4 Profitability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ASM.AS and KLAC Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ASM.ASKLAC Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward KLA Corporation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ASM.AS and KLAC each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ASM.AS Elevated · above norm 0th 50th 100th 0 pct gap KLAC Elevated · above norm 0th 50th 100th 99th 99th
ASM.AS (99th percentile) and KLAC (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Stability
Stability also leans toward KLA Corporation, reinforcing the broader structural lead.
Valuation
KLA Corporation sits higher in the group on valuation, adding to the overall structural advantage.
Stability — Dominant Gap
ASM.AS
28
KLAC
47
Gap+19in favour of KLAC

The clearest distance comes from a steadier profile over time.

What keeps the gap from being one-sided

A meaningful counterforce remains in growth, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The lead is built on both stability and valuation — though growth still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the ASM.AS vs KLAC comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar stability-and-valuation comparisons

Explore how ASM.AS and KLAC each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

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.