ASMXF (ASM International NV) Scaled Net Operating Assets: 0.61 (As of Mar. 2026)


ASMXF ASM International NV ASMXF
94 GF Score
Price $1,121.80
GF Value $716.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ASM International NV Scaled Net Operating Assets?

ASM International NV ASMXF -2.22% 94 Scaled Net Operating Assets is 0.61 as of Mar. 2026. GuruFocus rates ASMXF with a GF Score™ of 94/100 and a GF Value™ of $716.05 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ASM International NV's operating assets for the quarter that ended in Mar. 2026 was $5,604 Mil. ASM International NV's operating liabilities for the quarter that ended in Mar. 2026 was $1,781 Mil. ASM International NV's Total Assets for the quarter that ended in Dec. 2025 was $6,249 Mil. Therefore, ASM International NV's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.61.


ASM International NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ASM International NV's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

ASM International NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.82 0.72 0.64 0.65

ASM International NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.50 0.52 0.56 0.57 0.61

ASMXF vs LRCX, AMAT, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, ASM International NV's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASM International NV's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ASM International NV's Scaled Net Operating Assets falls into.


ASMXF
94GF Score
ASM International NV ASMXF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ASM International NV Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ASM International NV's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(5047.073-1542.506)/5405.131
=0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6249.415 - 1202.342
=5047.073

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1558.782 - 0 - 16.276
=1542.506

ASM International NV's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(5604.162-1781.04)/6249.415
=0.61

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6738.96 - 1134.798
=5604.162

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1781.04 - 0 - 0
=1781.04

* 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.

What does a Scaled Net Operating Assets of 0.61 mean?
ASM International NV (ASMXF) has a Scaled Net Operating Assets of 0.61 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ASM International NV and its competitors.
Is ASM International NV's Scaled Net Operating Assets too high?
ASM International NV's current Scaled Net Operating Assets is 0.61. Overall, ASM International NV has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASM International NV's Scaled Net Operating Assets compare to LRCX and AMAT?
ASM International NV's Scaled Net Operating Assets of 0.61 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ASM International NV and its competitors. ASM International NV's current Scaled Net Operating Assets is 0.61. 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 $716.05, compared to a current price of $1,121.80 — trading 56.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.61. ASM International NV's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ASM International NV (ASMXF), the current Scaled Net Operating Assets is 0.61 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 $1,121.80 is trading 56.7% above its estimated GF Value™ of $716.05. GuruFocus considers ASM International NV to be Significantly Overvalued.

Key valuation signals for ASMXF:

  • Scaled Net Operating Assets: 0.61
  • GF Value™: $716.05 vs. price of $1,121.80 (56.7% above fair value)
  • GF Score™: 94/100 with 6 warning signs

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 NV Business Description

Address Versterkerstraat 8, Almere, FL, NLD, 1322 AP
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.
94GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1,121.80
Price
$716.05
GF Value