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ASM International NVASMXF -3.16%93 Earnings Yield (Joel Greenblatt) % is 3.15% as of Mar. 2026, which is 34% below its 10-year median of 4.78. GuruFocus rates ASMXF with a GF Score™ of 93/100 and a GF Value™ of $727.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,024 Semiconductors companies, ASM International NV ranks better than 61.33% on this metric.
ASM International NV's Enterprise Value for the quarter that ended in Mar. 2026 was $35,627 Mil.
ASM International NV's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,104 Mil. ASM International NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.15%.
The historical rank and industry rank for ASM International NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASMXF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.79 Med: 4.78 Max: 29.37
Current: 2.42
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ASM International NV was 29.37%. The lowest was 1.79%. And the median was 4.78%.
ASMXF's Earnings Yield (Joel Greenblatt) % is ranked better than 61.33% of 1024
companies
in the Semiconductors industry
Industry Median: 1.28
vs ASMXF: 2.42
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. ASM International NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 18.92%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
ASM International NV (OTCPK:ASMXF) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
ASM International NV Earnings Yield (Joel Greenblatt) % Related Terms
ASM International NV Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ASM International NV's Earnings Yield (Joel Greenblatt) % 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.
ASM International NV Earnings Yield (Joel Greenblatt) % Chart
For the Semiconductor Equipment & Materials subindustry, ASM International NV's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
ASM International NV Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASM International NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ASM International NV's Earnings Yield (Joel Greenblatt) % falls into.
ASM International NV Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
ASM International NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
ASM International NV's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,104 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.15% mean?
ASM International NV (ASMXF) has a Earnings Yield (Joel Greenblatt) % of 3.15% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on ASM International NV and its competitors. This is 34% below median its historical median of 4.78. Over the past decade, ASM International NV's Earnings Yield (Joel Greenblatt) % has ranged from 1.79 to 29.37. According to the industry distribution chart, ASM International NV ranks #396 out of 1024 companies in the Semiconductors industry, placing it in the top 38.7%.
Is ASM International NV's Earnings Yield (Joel Greenblatt) % too high?
ASM International NV's current Earnings Yield (Joel Greenblatt) % of 3.15% is 34% below median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 29.37. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.28. ASM International NV's value of 3.15% is 146.1% above this industry median. Based on the distribution chart, ASM International NV ranks #396 out of 1024 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ASM International NV has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASM International NV's Earnings Yield (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASM International NV ranks #396 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This puts ASM International NV in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.28. ASM International NV's value of 3.15% is 146.1% above this benchmark. Historically, ASM International NV's own Earnings Yield (Joel Greenblatt) % has ranged from 1.79 to 29.37 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 1.28, ASM International NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.28, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASM International NV's current Earnings Yield (Joel Greenblatt) % of 3.15% is 146.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on ASM International NV and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASM International NV's current Earnings Yield (Joel Greenblatt) % is 3.15%, which is 34% below median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASM International NV stock overvalued right now?
Based on GuruFocus' analysis, ASM International NV (ASMXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $727.61, compared to a current price of $1,013.88 — trading 39.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.15%, which is 34% below median its 10-year median of 4.78 and 146.1% above the Semiconductors industry median of 1.28. ASM International NV's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For ASM International NV (ASMXF), the current Earnings Yield (Joel Greenblatt) % is 3.15% as of Mar. 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 ASM International NV (ASMXF) Overvalued in 2026?
Based on GuruFocus' analysis, ASM International NV stock appears to be overvalued.
The current stock price of $1,013.88 is trading 39.3% above its estimated GF Value™ of $727.61.
GuruFocus considers ASM International NV to be Significantly Overvalued.
Key valuation signals for ASMXF:
Earnings Yield (Joel Greenblatt) %: 3.15% (34% below median its 10-year median of 4.78)
GF Value™: $727.61 vs. price of $1,013.88 (39.3% above fair value)
Industry Position: 146.1% above the Semiconductors median (#396 of 1024)
No single metric tells the full story. See the ASMXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASM International is a Dutch company that supplies deposition equipment for chip fabrication. It is the leader in atomic layer deposition, a precise deposition technique that is required in the most advanced semiconductors. ASM's main clients are logic foundries TSMC, Samsung, and Intel, as well as memory foundries SK Hynix and Micron Technology. Foundries and wafer fab equipment providers like ASM work closely, which gives the firm insight into the customer's innovation and product road maps. Once a machine is established in a fab, it can generate service revenue for decades.
93GF Score
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