ASM International (ASMIY) AI Stock Analysis

• Market Cap: $31.61B
• Dividend Yield: 0.51%
• Average Volume (3M): 335.00
• Price to Earnings (P/E): 55.0
• Beta (1Y): 1.49
• Revenue Growth: 26.25%
• EPS Growth: -2.65%
• Country: US
• Employees: 4,558
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 4.90
• Shares Outstanding: 49,328,550
• 10 Day Avg. Volume: 490
• 30 Day Avg. Volume: 335
• PEG Ratio: -4.94
• Price to Book (P/B): 7.20
• Price to Sales (P/S): 9.20
• P/FCF Ratio: 50.63
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 9.28
• Enterprise Value/Gross Profit: 18.10
• Enterprise Value/Ebitda: 25.61
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: $724.00 ▲(13.93% Upside)

ASM International's strong financial performance and positive technical indicators are the primary drivers of its stock score. While the company shows robust growth and operational efficiency, high valuation and challenges highlighted in the earnings call, such as declining order intake and market uncertainties, temper the overall score.

ASM International Business Overview & Revenue Model

Company Description

ASM International N.V. (ASMIY) is a leading global supplier of equipment and materials used in the fabrication of semiconductor devices. The company operates primarily in the semiconductor industry, focusing on the development and manufacturing of innovative technologies for the production of chips. ASMIY's core products include atomic layer deposition (ALD) systems, as well as other deposition and etch technologies that enable advanced semiconductor manufacturing. With a strong emphasis on research and development, ASMIY serves a diverse customer base, including major semiconductor manufacturers and foundries.

How the Company Makes Money

ASM International generates revenue primarily through the sale of its semiconductor equipment and services. Key revenue streams include the sale of ALD systems and related technologies, as well as maintenance services and spare parts for existing installations. The company also benefits from long-term partnerships with major semiconductor manufacturers, which often lead to repeat business and collaborative projects. Additionally, ASMIY invests in R&D to innovate and improve its product offerings, thus enhancing its competitive positioning in the market and driving future sales growth.

ASM International Financial Statement Overview

Summary

ASM International exhibits strong financial health with consistent revenue growth, high profitability margins, low leverage, and effective cash flow management. The company is well-positioned for future growth with minimal financial risks.

Income Statement

ASM International shows strong financial performance with increasing revenue and profitability. The Gross Profit Margin stands robust at approximately 50.5% for 2024, reflecting efficient production and pricing strategies. Net Profit Margin is healthy at 23.4%, indicating solid bottom-line profitability. Revenue growth from 2023 to 2024 is notable at 11.3%, showcasing solid business expansion. EBIT and EBITDA Margins are commendable at 27.3% and 33.8%, respectively, highlighting operational efficiency and effective cost management.

Balance Sheet

The company's balance sheet reflects financial stability with a very low Debt-to-Equity Ratio of 0.006, indicating minimal leverage and low financial risk. The Return on Equity (ROE) is a strong 18.3%, showcasing effective use of shareholder capital to generate profits. The Equity Ratio is high at 72.6%, suggesting a solid equity base and low reliance on debt financing.

Cash Flow

ASM International demonstrates strong cash flow management with a Free Cash Flow Growth Rate of 27.4% from 2023 to 2024, indicating robust cash generation capabilities. The Operating Cash Flow to Net Income Ratio of 1.31 reflects efficient conversion of income into cash. The Free Cash Flow to Net Income Ratio is 0.78, demonstrating good cash retention after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.26B	2.93B	2.63B	2.41B	1.73B	1.33B
Gross Profit	1.67B	1.48B	1.27B	1.14B	828.13M	623.57M
EBITDA	1.18B	990.54M	834.57M	846.86M	694.92M	425.11M
Net Income	527.15M	685.73M	752.07M	389.11M	494.71M	285.40M
Balance Sheet
Total Assets	5.04B	5.16B	4.23B	3.75B	2.71B	2.23B
Cash, Cash Equivalents and Short-Term Investments	1.04B	926.00M	637.26M	419.31M	491.51M	435.23M
Total Debt	0.00	35.26M	33.56M	28.12M	23.46M	6.22M
Total Liabilities	1.47B	1.41B	999.92M	1.00B	469.33M	375.21M
Stockholders Equity	3.57B	3.75B	3.23B	2.75B	2.24B	1.85B
Cash Flow
Free Cash Flow	754.20M	532.92M	418.18M	333.01M	223.79M	101.56M
Operating Cash Flow	1.14B	897.65M	735.89M	541.49M	380.64M	264.35M
Investing Cash Flow	-373.25M	-349.97M	-289.04M	-474.88M	-114.40M	-144.31M
Financing Cash Flow	-297.61M	-301.03M	-236.05M	-132.60M	-240.26M	-170.45M

ASM International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 635.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASMIY, the sentiment is Positive. The current price of 635.47 is below the 20-day moving average (MA) of 635.73, above the 50-day MA of 566.25, and above the 200-day MA of 544.22, indicating a bullish trend. The MACD of 19.50 indicates Positive momentum. The RSI at 62.49 is Neutral, neither overbought nor oversold. The STOCH value of 95.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ASMIY.

ASM International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UMC	―	$18.89B	15.40	10.98%	6.33%	5.46%	-26.72%
ASMIY	―	$31.61B	55.00	14.80%	0.51%	26.25%	-2.65%
ON	―	$21.18B	48.33	5.72%	―	-17.93%	-75.83%
ASX	―	$28.87B	27.23	10.97%	2.66%	4.86%	6.44%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
STM	―	$22.71B	44.32	3.00%	1.37%	-17.33%	-76.71%
GFS	―	$19.53B	―	-1.01%	―	-0.65%	-114.26%

ASM International Corporate Events

ASM International Reports Strong Q2 2025 Results

ASM International N.V., headquartered in Almere, the Netherlands, is a prominent player in the semiconductor equipment industry, specializing in the design and manufacture of equipment and process solutions for wafer processing. The company operates globally with facilities in the United States, Europe, and Asia.

ASM International’s Earnings Call: Balancing Growth and Challenges

The latest earnings call for ASM International presented a balanced sentiment, showcasing strong financial performance in several areas while acknowledging challenges in others. The company reported robust revenue growth and increased equipment sales, contributing to a solid gross margin. However, these positives were countered by a decline in order intake, difficulties in the memory segment, and uncertain market conditions in China, painting a picture of both significant achievements and notable challenges.