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ASML Holding NV (LTS:0QB8) Cyclically Adjusted Price-to-FCF : 51.45 (As of Jul. 25, 2025)


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What is ASML Holding NV Cyclically Adjusted Price-to-FCF?

As of today (2025-07-25), ASML Holding NV's current share price is €611.75. ASML Holding NV's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2025 was €11.89. ASML Holding NV's Cyclically Adjusted Price-to-FCF for today is 51.45.

The historical rank and industry rank for ASML Holding NV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0QB8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.24   Med: 69.19   Max: 169.59
Current: 51.8

During the past years, ASML Holding NV's highest Cyclically Adjusted Price-to-FCF was 169.59. The lowest was 36.24. And the median was 69.19.

LTS:0QB8's Cyclically Adjusted Price-to-FCF is ranked worse than
61.76% of 353 companies
in the Semiconductors industry
Industry Median: 33.25 vs LTS:0QB8: 51.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

ASML Holding NV's adjusted free cash flow per share data for the three months ended in Jun. 2025 was €0.921. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €11.89 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASML Holding NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ASML Holding NV's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

ASML Holding NV Cyclically Adjusted Price-to-FCF Chart

ASML Holding NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.04 111.44 58.47 73.30 57.59

ASML Holding NV Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.53 77.47 57.59 51.62 56.99

Competitive Comparison of ASML Holding NV's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASML Holding NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's Cyclically Adjusted Price-to-FCF falls into.


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ASML Holding NV Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

ASML Holding NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=611.75/11.89
=51.45

* 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.

ASML Holding NV's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, ASML Holding NV's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=0.921/134.7200*134.7200
=0.921

Current CPI (Jun. 2025) = 134.7200.

ASML Holding NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 0.771 100.500 1.034
201512 2.013 99.730 2.719
201603 -0.151 100.310 -0.203
201606 0.893 100.260 1.200
201609 -0.168 100.570 -0.225
201612 2.555 100.710 3.418
201703 -0.491 101.440 -0.652
201706 1.085 101.370 1.442
201709 0.700 102.030 0.924
201712 2.096 101.970 2.769
201803 0.116 102.470 0.153
201806 1.448 103.100 1.892
201809 0.827 103.950 1.072
201812 3.404 103.970 4.411
201903 -1.691 105.370 -2.162
201906 -0.096 105.840 -0.122
201909 -0.303 106.700 -0.383
201912 7.773 106.800 9.805
202003 -2.021 106.850 -2.548
202006 0.334 107.510 0.419
202009 -0.073 107.880 -0.091
202012 10.433 107.850 13.032
202103 -2.739 108.870 -3.389
202106 8.062 109.670 9.903
202109 3.908 110.790 4.752
202112 15.127 114.010 17.875
202203 -2.086 119.460 -2.352
202206 5.809 119.050 6.574
202209 2.030 126.890 2.155
202212 12.451 124.940 13.426
202303 0.492 124.720 0.531
202306 -0.405 125.830 -0.434
202309 1.570 127.160 1.663
202312 6.579 126.450 7.009
202403 -1.716 128.580 -1.798
202406 0.979 129.910 1.015
202409 1.357 131.610 1.389
202412 22.458 131.630 22.985
202503 -1.210 133.330 -1.223
202506 0.921 134.720 0.921

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ASML Holding NV  (LTS:0QB8) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


ASML Holding NV Cyclically Adjusted Price-to-FCF Related Terms

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ASML Holding NV Business Description

Industry
Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in manufacturing semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually 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 main clients are TSMC, Samsung, and Intel.

ASML Holding NV Headlines

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