ASML Holding NVASMLF -2.19%91 Altman Z-Score is 14.55 as of Jun. 24, 2026, which is 99% above its 10-year median of 7.31. GuruFocus rates ASMLF with a GF Score™ of 91/100 and a GF Value™ of $1,103.19 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,015 Semiconductors companies, ASML Holding NV ranks better than 77.04% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 14.98 is strong.
ASML Holding NV has a Altman Z-Score of 14.55, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for ASML Holding NV's Altman Z-Score or its related term are showing as below:
ASMLF'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.24 Med: 7.31 Max: 14.98
Current: 14.98
During the past 13 years, ASML Holding NV's highest Altman Z-Score was 14.98. The lowest was 5.24. And the median was 7.31.
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.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
ASML Holding NV Altman Z-Score Related Terms
ASML Holding NV Altman Z-Score Historical Data
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The historical data trend for ASML Holding NV's Altman Z-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.
ASMLF vs LRCX, AMAT, KLAC: Altman Z-Score Comparison
For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's Altman Z-Score, along with its competitors' market caps and Altman Z-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.
ASML Holding NV Altman Z-Score vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ASML Holding NV's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where ASML Holding NV's Altman Z-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.
ASML Holding NV's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.1518
+
1.4
*
0
+
3.3
*
0.2573
+
0.6
*
21.3557
+
1.0
*
0.7057
=
14.55
* 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 Z-Score when X4 or X5 value is 0.
ASML Holding NV (ASMLF) has a Altman Z-Score of 14.55 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on ASML Holding NV and its competitors. This is 99% above median its historical median of 7.31. Over the past decade, ASML Holding NV's Altman Z-Score has ranged from 5.24 to 14.98. According to the industry distribution chart, ASML Holding NV ranks #233 out of 1015 companies in the Semiconductors industry, placing it in the top 23%.
Is ASML Holding NV's Altman Z-Score too high?
ASML Holding NV's current Altman Z-Score of 14.55 is 99% above median its 10-year median of 7.31. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 14.98. The Semiconductors industry median Altman Z-Score is 5.54. ASML Holding NV's value of 14.55 is 162.6% above this industry median. Based on the distribution chart, ASML Holding NV ranks #233 out of 1015 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 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's Altman Z-Score compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, ASML Holding NV ranks #233 out of 1015 companies for Altman Z-Score. This places ASML Holding NV in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 5.54. ASML Holding NV's value of 14.55 is 162.6% above this benchmark. Historically, ASML Holding NV's own Altman Z-Score has ranged from 5.24 to 14.98 over the past decade. While the company's 10-year median is 7.31 vs. the industry median of 5.54, 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 Altman Z-Score for a Semiconductors company?
The median Altman Z-Score among Semiconductors companies is 5.54, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ASML Holding NV's current Altman Z-Score of 14.55 is 162.6% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on ASML Holding NV and its competitors. For the Semiconductors industry, the median Altman Z-Score is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASML Holding NV's current Altman Z-Score is 14.55, which is 99% above median its own 10-year median of 7.31. 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 (ASMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1,103.19, compared to a current price of $1,746.61 — trading 58.3% above its estimated fair value. The current Altman Z-Score is 14.55, which is 99% above median its 10-year median of 7.31 and 162.6% above the Semiconductors industry median of 5.54. ASML Holding NV's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For ASML Holding NV (ASMLF), the current Altman Z-Score is 14.55 as of Jun. 24, 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 (ASMLF) Overvalued in 2026?
Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued.
The current stock price of $1,746.61 is trading 58.3% above its estimated GF Value™ of $1,103.19.
GuruFocus considers ASML Holding NV to be Significantly Overvalued.
Key valuation signals for ASMLF:
Altman Z-Score: 14.55 (99% above median its 10-year median of 7.31)
GF Value™: $1,103.19 vs. price of $1,746.61 (58.3% above fair value)
Industry Position: 162.6% above the Semiconductors median (#233 of 1015)
No single metric tells the full story. See the ASMLF 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.
91GF Score
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