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Stock Comparison · Industry comparison · Semiconductor Equipment & Mate

ASML Holding N.V. vs KLA: Which Stock Looks Stronger in 2026?

KLA holds the cleaner structural position, with growth as the main driver and stability adding further support. The remaining gap is narrow enough that the comparison remains open to different readings. 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.

Updated 2026-04-05

Growth still does most of the heavy lifting in this comparison.

INDUSTRY COMPARISON

Both operate in: Semiconductor Equipment & Materials

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

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

Peer-Relative Score
ASML
ASML Holding N.V.
51
Peer-Score
Signal qualityMedium
vs
KLAC
KLA Corporation
57
Peer-Score
Signal qualityMedium

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

The clearest separation appears in growth.

Dimension spread: ASML vs KLAC Profitability 79 81 Stability 42 47 Valuation 53 55 Growth 13 32 ASML KLAC
Gap Ranking
#1 Growth +19
#2 Stability +5
#3 Profitability +2
#4 Valuation +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ASML and KLAC Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ASMLKLAC Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

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

Relative Position vs Comparable Companies
Growth
Both sit in the weaker half on growth, with KLA Corporation still coming out ahead.
Growth — Dominant Gap
ASML
13
KLAC
32
Gap+19in favour of KLAC

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

ASML Holding N.V. still carries lower volatility exposure — that difference is real enough to prevent the comparison from becoming one-sided.

What this means for the comparison

Growth is the clearest driver, and stability also supports KLA Corporation's broader structural position.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Similar growth-and-stability comparisons

Explore how ASML 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.

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.