ASM International NVASMXF 94 Altman Z2-Score is 6.06 as of Jun. 25, 2026, which is 29% below its 10-year median of 8.50. 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. Among 1,019 Semiconductors companies, ASM International NV ranks better than 59.76% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
ASM International NV has a Altman Z2-Score of 6.06, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for ASM International NV's Altman Z2-Score or its related term are showing as below:
ASMXF'
s Altman Z2-Score Range Over the Past 10 Years
Min: 5.17 Med: 8.5 Max: 20.51
Current: 6.05
During the past 13 years, ASM International NV's highest Altman Z2-Score was 20.51. The lowest was 5.17. And the median was 8.50.
ASM International NV (OTCPK:ASMXF) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
Altman Z2-Score does not apply to financial companies.
ASM International NV Altman Z2-Score Related Terms
ASM International NV Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for ASM International NV's Altman Z2-Score 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.
ASMXF vs LRCX, AMAT, KLAC: Altman Z2-Score Comparison
For the Semiconductor Equipment & Materials subindustry, ASM International NV's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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 Altman Z2-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASM International NV's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where ASM International NV's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
ASM International NV's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
0.2642
+
3.26
*
0
+
6.72
*
0.2094
+
1.05
*
2.7837
=
6.06
* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
ASM International NV (ASMXF) has a Altman Z2-Score of 6.06 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on ASM International NV and its competitors. This is 29% below median its historical median of 8.50. Over the past decade, ASM International NV's Altman Z2-Score has ranged from 5.17 to 20.51. According to the industry distribution chart, ASM International NV ranks #410 out of 1019 companies in the Semiconductors industry, placing it in the top 40.2%.
Is ASM International NV's Altman Z2-Score too high?
ASM International NV's current Altman Z2-Score of 6.06 is 29% below median its 10-year median of 8.50. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 20.51. The Semiconductors industry median Altman Z2-Score is 4.93. ASM International NV's value of 6.06 is 22.9% above this industry median. Based on the distribution chart, ASM International NV ranks #410 out of 1019 companies in the Semiconductors industry, which is above the industry midpoint. 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 Altman Z2-Score compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, ASM International NV ranks #410 out of 1019 companies for Altman Z2-Score. This puts ASM International NV in the upper half of its industry. The industry median Altman Z2-Score is 4.93. ASM International NV's value of 6.06 is 22.9% above this benchmark. Historically, ASM International NV's own Altman Z2-Score has ranged from 5.17 to 20.51 over the past decade. While the company's 10-year median is 8.50 vs. the industry median of 4.93, 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 Altman Z2-Score for a Semiconductors company?
The median Altman Z2-Score among Semiconductors companies is 4.93, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASM International NV's current Altman Z2-Score of 6.06 is 22.9% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on ASM International NV and its competitors. For the Semiconductors industry, the median Altman Z2-Score is 4.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASM International NV's current Altman Z2-Score is 6.06, which is 29% below median its own 10-year median of 8.50. 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 $1,147.22 — trading 60.2% above its estimated fair value. The current Altman Z2-Score is 6.06, which is 29% below median its 10-year median of 8.50 and 22.9% above the Semiconductors industry median of 4.93. 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 Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For ASM International NV (ASMXF), the current Altman Z2-Score is 6.06 as of Jun. 25, 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 $1,147.22 is trading 60.2% above its estimated GF Value™ of $716.05.
GuruFocus considers ASM International NV to be Significantly Overvalued.
Key valuation signals for ASMXF:
Altman Z2-Score: 6.06 (29% below median its 10-year median of 8.50)
GF Value™: $716.05 vs. price of $1,147.22 (60.2% above fair value)
Industry Position: 22.9% above the Semiconductors median (#410 of 1019)
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.
94GF Score
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