ASML Holding Return on Invested Capital from 2010 to 2023

ASML Stock  USD 646.33  12.64  1.99%   
ASML Holding Return on Invested Capital yearly trend continues to be quite stable with very little volatility. The value of Return on Invested Capital is projected to decrease to 0.50. From the period between 2010 and 2023, ASML Holding, Return on Invested Capital regression line of its data series had standard deviation of 0.12 and standard deviation of  0.12. ASML Holding Earning Before Interest and Taxes EBIT is quite stable at the moment as compared to the past year. The company's current value of Earning Before Interest and Taxes EBIT is estimated at 7.16 Billion. Interest Expense is expected to rise to about 55.3 M this year, although the value of Cost of Revenue will most likely fall to about 8.7 B.
  
Check ASML Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASML Holding main balance sheet or income statement drivers, such as Consolidated Income of 4.5 B, Cost of Revenue of 8.7 B or Earning Before Interest and Taxes EBIT of 7.2 B, as well as many exotic indicators such as Asset Turnover of 0.65, Book Value per Share of 24.7 or Current Ratio of 1.68. ASML Holding financial statements analysis is a perfect complement when working with ASML Holding Valuation or Volatility modules. It can also supplement ASML Holding's financial leverage analysis and stock options assessment as well as various ASML Holding Technical models . Please continue to the analysis of ASML Holding Correlation against competitors.

ASML Holding Return on Invested Capital Breakdown

Showing smoothed Return on Invested Capital of ASML Holding NV with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.ASML Holding's Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASML Holding's overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital10 Years Trend
Up
Slightly volatile
   Return on Invested Capital   
       Timeline  

ASML Holding Return on Invested Capital Regression Statistics

Arithmetic Mean0.33
Geometric Mean0.32
Coefficient Of Variation35.15
Mean Deviation0.09
Median0.30
Standard Deviation0.12
Sample Variance0.013794
Range0.36
R-Value0.59
Mean Square Error0.009707
R-Squared0.35
Significance0.025747
Slope0.016618
Total Sum of Squares0.18

ASML Holding Return on Invested Capital History

2023 0.5
2022 0.59
2021 0.54
2019 0.23
2018 0.28
2014 0.26
2013 0.24

About ASML Holding Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ASML Holding income statement, its balance sheet, and the statement of cash flows. ASML Holding investors use historical funamental indicators, such as ASML Holding's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although ASML Holding investors may use each financial statement separately, they are all related. The changes in ASML Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ASML Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ASML Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ASML Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Return on Invested Capital 0.59  0.50 
Invested Capital9.9 B10.1 B
Invested Capital Average11.2 B11 B
Market Capitalization216.5 B177.6 B
Working Capital5.1 B5.9 B

ASML Holding Investors Sentiment

The influence of ASML Holding's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASML Holding. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to ASML Holding's public news can be used to forecast risks associated with investment in ASML Holding. The trend in average sentiment can be used to explain how an investor holding ASML Holding can time the market purely based on public headlines and social activities around ASML Holding NV. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
ASML Holding's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ASML Holding's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ASML Holding's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ASML Holding.

ASML Holding Implied Volatility

    
  53.38  
ASML Holding's implied volatility exposes the market's sentiment of ASML Holding NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ASML Holding's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ASML Holding stock will not fluctuate a lot when ASML Holding's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASML Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASML Holding's short interest history, or implied volatility extrapolated from ASML Holding options trading.

Pair Trading with ASML Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASML Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASML Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASML Holding

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The ability to find closely correlated positions to ASML Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASML Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASML Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASML Holding NV to buy it.
The correlation of ASML Holding is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASML Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASML Holding NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASML Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of ASML Holding Correlation against competitors. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is ASML Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASML Holding. If investors know ASML Holding will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASML Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Dividend Share
5.8
Earnings Share
15.65
Revenue Per Share
0.9583
Quarterly Revenue Growth
0.29
The market value of ASML Holding NV is measured differently than its book value, which is the value of ASML Holding that is recorded on the company's balance sheet. Investors also form their own opinion of ASML Holding's value that differs from its market value or its book value, called intrinsic value, which is ASML Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASML Holding's market value can be influenced by many factors that don't directly affect ASML Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASML Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine ASML Holding value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASML Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.