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Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
ASML Holding NV Capex-to-Operating-Income Related Terms
ASML Holding NV Capex-to-Operating-Income Historical Data
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The historical data trend for ASML Holding NV's Capex-to-Operating-Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:ASML vs LRCX, AMAT, KLAC: Capex-to-Operating-Income Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ASML Holding NV Capex-to-Operating-Income vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's Capex-to-Operating-Income falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Capex-to-Operating-Income of 0.00 mean?
ASML Holding NV (XSWX:ASML) has a Capex-to-Operating-Income of 0.00 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on ASML Holding NV and its competitors. Over the past decade, ASML Holding NV's Capex-to-Operating-Income has ranged from 0.10 to 0.32. According to the industry distribution chart, ASML Holding NV ranks #70 out of 613 companies in the Semiconductors industry, placing it in the top 11.4%.
Is ASML Holding NV's Capex-to-Operating-Income too high?
ASML Holding NV's current Capex-to-Operating-Income is 0.00. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.32. Based on the distribution chart, ASML Holding NV ranks #70 out of 613 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ASML Holding NV has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Capex-to-Operating-Income compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #70 out of 613 companies for Capex-to-Operating-Income. This places ASML Holding NV in the top 11% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Income is 0.50. Historically, ASML Holding NV's own Capex-to-Operating-Income has ranged from 0.10 to 0.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for a Semiconductors company?
The median Capex-to-Operating-Income among Semiconductors companies is 0.50, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on ASML Holding NV and its competitors. For the Semiconductors industry, the median Capex-to-Operating-Income is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Capex-to-Operating-Income is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (XSWX:ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF1,041.26, compared to a current price of CHF1,404.80 — trading 34.9% above its estimated fair value. The current Capex-to-Operating-Income is 0.00. ASML Holding NV's overall GF Score™ is 87/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For ASML Holding NV (XSWX:ASML), the current Capex-to-Operating-Income is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ASML Holding NV (XSWX:ASML) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of CHF1,404.80 is trading 34.9% above its estimated GF Value™ of CHF1,041.26.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for XSWX:ASML:
Capex-to-Operating-Income: 0.00
GF Value™: CHF1,041.26 vs. price of CHF1,404.80 (34.9% above fair value)
No single metric tells the full story. See the XSWX:ASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
87GF Score
Get the complete analysis for XSWX:ASML
Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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