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ASML Holding NVBSP:ASML34 +1.74%84 EV-to-OCF is 43.09 as of Jul. 16, 2026, which is 32% above its 10-year median of 32.63. GuruFocus rates BSP:ASML34 with a GF Score™ of 84/100 and a GF Value™ of R$105.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,029 Semiconductors companies, ASML Holding NV ranks worse than 73.18% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ASML Holding NV's Enterprise Value is R$3,499,073 Mil.
ASML Holding NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was R$81,196 Mil. Therefore, ASML Holding NV's EV-to-OCF for today is 43.09.
The historical rank and industry rank for ASML Holding NV's EV-to-OCF or its related term are showing as below:
BSP:ASML34'
s EV-to-OCF Range Over the Past 10 Years
Min: 16.03 Med: 32.63 Max: 85.16
Current: 46.36
During the past 13 years, the highest EV-to-OCF of ASML Holding NV was 85.16. The lowest was 16.03. And the median was 32.63.
BSP:ASML34's EV-to-OCF is ranked worse than 73.18% of 1029
companies
in the Semiconductors industry
Industry Median: 15.49
vs BSP:ASML34: 46.36
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ASML Holding NV's PE Ratio (TTM) for today is calculated as:
ASML Holding NV's share price for today is R$167.18.
ASML Holding NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$3.080.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ASML Holding NV EV-to-OCF Related Terms
ASML Holding NV EV-to-OCF Historical Data
* Premium members only.
The historical data trend for ASML Holding NV's EV-to-OCF 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.
BSP:ASML34 vs AMAT, LRCX, KLAC: EV-to-OCF Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's EV-to-OCF falls into.
ASML Holding NV's current Enterprise Value is R$3,499,073 Mil.
ASML Holding NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$81,196 Mil.
* 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 (BSP:ASML34) has a EV-to-OCF of 43.09 as of Jul. 16, 2026. This is 32% above median its historical median of 32.63. Over the past decade, ASML Holding NV's EV-to-OCF has ranged from 16.03 to 85.16. According to the industry distribution chart, ASML Holding NV ranks #753 out of 1029 companies in the Semiconductors industry, placing it in the top 73.2%.
Is ASML Holding NV's EV-to-OCF too high?
ASML Holding NV's current EV-to-OCF of 43.09 is 32% above median its 10-year median of 32.63. Over the past 10 years, this metric has ranged from a low of 16.03 to a high of 85.16. The Semiconductors industry median EV-to-OCF is 15.49. ASML Holding NV's value of 43.09 is 178.2% above this industry median. Based on the distribution chart, ASML Holding NV ranks #753 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASML Holding NV has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's EV-to-OCF compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #753 out of 1029 companies for EV-to-OCF. This places ASML Holding NV in the lower half of its industry. The industry median EV-to-OCF is 15.49. ASML Holding NV's value of 43.09 is 178.2% above this benchmark. Historically, ASML Holding NV's own EV-to-OCF has ranged from 16.03 to 85.16 over the past decade. While the company's 10-year median is 32.63 vs. the industry median of 15.49, ASML Holding 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 EV-to-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 15.49, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASML Holding NV's current EV-to-OCF of 43.09 is 178.2% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 15.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current EV-to-OCF is 43.09, which is 32% above median its own 10-year median of 32.63. 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 (BSP:ASML34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$105.86, compared to a current price of R$167.18 — trading 57.9% above its estimated fair value. The current EV-to-OCF is 43.09, which is 32% above median its 10-year median of 32.63 and 178.2% above the Semiconductors industry median of 15.49. ASML Holding NV's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For ASML Holding NV (BSP:ASML34), the current EV-to-OCF is 43.09 as of Jul. 16, 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 (BSP:ASML34) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of R$167.18 is trading 57.9% above its estimated GF Value™ of R$105.86.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for BSP:ASML34:
EV-to-OCF: 43.09 (32% above median its 10-year median of 32.63)
GF Value™: R$105.86 vs. price of R$167.18 (57.9% above fair value)
Industry Position: 178.2% above the Semiconductors median (#753 of 1029)
No single metric tells the full story. See the BSP:ASML34 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.
84GF Score
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