ASML Holding NVMEX:ASML1N -0.58%93 Return-on-Tangible-Equity is 72.65% as of Mar. 2026, which is 24% above its 10-year median of 58.41. GuruFocus rates MEX:ASML1N with a GF Score™ of 93/100 and a GF Value™ of MXN19,112.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 987 Semiconductors companies, ASML Holding NV ranks better than 97.06% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. ASML Holding NV's annualized net income for the quarter that ended in Mar. 2026 was MXN229,876 Mil. ASML Holding NV's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN316,426 Mil. Therefore, ASML Holding NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 72.65%.
The historical rank and industry rank for ASML Holding NV's Return-on-Tangible-Equity or its related term are showing as below:
MEX:ASML1N'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.02 Med: 58.41 Max: 139.81
Current: 75.53
During the past 13 years, ASML Holding NV's highest Return-on-Tangible-Equity was 139.81%. The lowest was 36.02%. And the median was 58.41%.
MEX:ASML1N's Return-on-Tangible-Equity is ranked better than 97.06% of 987
companies
in the Semiconductors industry
Industry Median: 5.19
vs MEX:ASML1N: 75.53
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
ASML Holding NV Return-on-Tangible-Equity Related Terms
ASML Holding NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ASML Holding NV's Return-on-Tangible-Equity 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.
MEX:ASML1N vs LRCX, AMAT, KLAC: Return-on-Tangible-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 72.65% mean?
ASML Holding NV (MEX:ASML1N) has a Return-on-Tangible-Equity of 72.65% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ASML Holding NV and its competitors. This is 24% above median its historical median of 58.41. Over the past decade, ASML Holding NV's Return-on-Tangible-Equity has ranged from 36.02 to 139.81. According to the industry distribution chart, ASML Holding NV ranks #29 out of 987 companies in the Semiconductors industry, placing it in the top 2.9%.
Is ASML Holding NV's Return-on-Tangible-Equity too high?
ASML Holding NV's current Return-on-Tangible-Equity of 72.65% is 24% above median its 10-year median of 58.41. Over the past 10 years, this metric has ranged from a low of 36.02 to a high of 139.81. The Semiconductors industry median Return-on-Tangible-Equity is 5.19. ASML Holding NV's value of 72.65% is 1299.8% above this industry median. Based on the distribution chart, ASML Holding NV ranks #29 out of 987 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 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Return-on-Tangible-Equity compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #29 out of 987 companies for Return-on-Tangible-Equity. This places ASML Holding NV in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.19. ASML Holding NV's value of 72.65% is 1299.8% above this benchmark. Historically, ASML Holding NV's own Return-on-Tangible-Equity has ranged from 36.02 to 139.81 over the past decade. While the company's 10-year median is 58.41 vs. the industry median of 5.19, 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 Return-on-Tangible-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 987 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASML Holding NV's current Return-on-Tangible-Equity of 72.65% is 1299.8% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ASML Holding NV and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Return-on-Tangible-Equity is 72.65%, which is 24% above median its own 10-year median of 58.41. 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 (MEX:ASML1N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN19,112.26, compared to a current price of MXN30,782.00 — trading 61.1% above its estimated fair value. The current Return-on-Tangible-Equity is 72.65%, which is 24% above median its 10-year median of 58.41 and 1299.8% above the Semiconductors industry median of 5.19. ASML Holding NV's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For ASML Holding NV (MEX:ASML1N), the current Return-on-Tangible-Equity is 72.65% 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 ASML Holding NV (MEX:ASML1N) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of MXN30,782.00 is trading 61.1% above its estimated GF Value™ of MXN19,112.26.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for MEX:ASML1N:
Return-on-Tangible-Equity: 72.65% (24% above median its 10-year median of 58.41)
GF Value™: MXN19,112.26 vs. price of MXN30,782.00 (61.1% above fair value)
Industry Position: 1299.8% above the Semiconductors median (#29 of 987)
No single metric tells the full story. See the MEX:ASML1N 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.
93GF Score
Get the complete analysis for MEX:ASML1N
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:ASML1N has been successfully added to your 
