ASML Holding NVASML -2.53%92 EV-to-FCF is 52.72 as of Jun. 28, 2026, which is 29% above its 10-year median of 40.84. GuruFocus rates ASML with a GF Score™ of 92/100 and a GF Value™ of $1,097.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 504 Semiconductors companies, ASML Holding NV ranks worse than 51.98% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ASML Holding NV's Enterprise Value is $685,118 Mil.
ASML Holding NV's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $12,995 Mil. Therefore, ASML Holding NV's EV-to-FCF for today is 52.72.
The historical rank and industry rank for ASML Holding NV's EV-to-FCF or its related term are showing as below:
ASML'
s EV-to-FCF Range Over the Past 10 Years
Min: 17.59 Med: 40.84 Max: 203.2
Current: 54.45
During the past 13 years, the highest EV-to-FCF of ASML Holding NV was 203.20. The lowest was 17.59. And the median was 40.84.
ASML's EV-to-FCF is ranked worse than 51.98% of 504
companies
in the Semiconductors industry
Industry Median: 51.995
vs ASML: 54.45
EV-to-FCF 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-FCF 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 $1794.62.
ASML Holding NV's Earnings per Share (Diluted) 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 $31.240.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ASML Holding NV EV-to-FCF Related Terms
ASML Holding NV EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ASML Holding NV's EV-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.
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's EV-to-FCF falls into.
ASML Holding NV's current Enterprise Value is $685,118 Mil.
ASML Holding NV's Free Cash Flow 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 $12,995 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 (ASML) has a EV-to-FCF of 52.72 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ASML Holding NV and its competitors. This is 29% above median its historical median of 40.84. Over the past decade, ASML Holding NV's EV-to-FCF has ranged from 17.59 to 203.20. According to the industry distribution chart, ASML Holding NV ranks #262 out of 504 companies in the Semiconductors industry, placing it in the top 52%.
Is ASML Holding NV's EV-to-FCF too high?
ASML Holding NV's current EV-to-FCF of 52.72 is 29% above median its 10-year median of 40.84. Over the past 10 years, this metric has ranged from a low of 17.59 to a high of 203.20. The Semiconductors industry median EV-to-FCF is 52.00. ASML Holding NV's value of 52.72 is 1.4% above this industry median. Based on the distribution chart, ASML Holding NV ranks #262 out of 504 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ASML Holding NV has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's EV-to-FCF compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #262 out of 504 companies for EV-to-FCF. This places ASML Holding NV in the lower half of its industry. The industry median EV-to-FCF is 52.00. ASML Holding NV's value of 52.72 is 1.4% above this benchmark. Historically, ASML Holding NV's own EV-to-FCF has ranged from 17.59 to 203.20 over the past decade. While the company's 10-year median is 40.84 vs. the industry median of 52.00, 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-FCF for a Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 52.00, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASML Holding NV's current EV-to-FCF of 52.72 is 1.4% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ASML Holding NV and its competitors. For the Semiconductors industry, the median EV-to-FCF is 52.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current EV-to-FCF is 52.72, which is 29% above median its own 10-year median of 40.84. 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 (ASML) is currently considered Significantly Overvalued. The stock's GF Value™ is $1,097.65, compared to a current price of $1,794.62 — trading 63.5% above its estimated fair value. The current EV-to-FCF is 52.72, which is 29% above median its 10-year median of 40.84 and 1.4% above the Semiconductors industry median of 52.00. ASML Holding NV's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For ASML Holding NV (ASML), the current EV-to-FCF is 52.72 as of Jun. 28, 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 (ASML) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of $1,794.62 is trading 63.5% above its estimated GF Value™ of $1,097.65.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for ASML:
EV-to-FCF: 52.72 (29% above median its 10-year median of 40.84)
GF Value™: $1,097.65 vs. price of $1,794.62 (63.5% above fair value)
Industry Position: 1.4% above the Semiconductors median (#262 of 504)
No single metric tells the full story. See the 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.
92GF Score
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