ASML Holding Z Score
ASML  Stock  USD 600.79 4.92 0.81% 
ASML Holding  Z Score 
ASML Holding Z Score Analysis
ASML Holding's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..Current ASML Holding Z Score  41.2 
Most of ASML Holding's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ASML Holding NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

ASML Holding Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for ASML Holding is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since ASML Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ASML Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ASML Holding's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, ASML Holding NV has a Z Score of 41.2. This is 206.32% higher than that of the Semiconductors & Semiconductor Equipment sector and notably higher than that of the Information Technology industry. The z score for all United States stocks is notably lower than that of the firm.
ASML Holding Current Valuation Drivers
We derive many important indicators used in calculating different scores of ASML Holding from analyzing ASML Holding's financial statements. These drivers represent accounts that assess ASML Holding's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ASML Holding's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Average Assets  17.95 B  19.67 B  21.29 B  25.46 B  28.62 B  24.48 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  2.84 B  3.39 B  3.26 B  4.63 B  7.42 B  8.01 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  3.41 B  3.9 B  3.66 B  5.65 B  8.43 B  9.1 B  
Earnings before Tax  2.37 B  2.94 B  2.78 B  4.11 B  6.9 B  7.45 B  
Average Equity  10.65 B  11.53 B  12.36 B  13.56 B  12.27 B  11.67 B  
Enterprise Value  75.82 B  67.41 B  126.36 B  205.35 B  324.5 B  350.12 B  
Free Cash Flow  1.48 B  2.5 B  2.51 B  3.67 B  9.95 B  10.73 B  
Invested Capital  10.08 B  10.61 B  11.87 B  13.61 B  10.04 B  9.83 B  
Invested Capital Average  9.4 B  10.6 B  12.17 B  14.73 B  12.89 B  11.38 B  
Market Capitalization  74.73 B  66.51 B  124.62 B  204.06 B  324.75 B  350.38 B  
Tangible Asset Value  12.48 B  14.49 B  16.98 B  21.59 B  24.7 B  20.55 B  
Working Capital  5.72 B  6.74 B  7.44 B  9.33 B  5.63 B  6.14 B 
ASML Holding Institutional Holders
Institutional Holdings refers to the ownership stake in ASML Holding that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ASML Holding's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing ASML Holding's value.Security Type  Shares  Value  
Zweigdimenna Associates Llc  Common Shares  39.4 K  9.8 M  
Zweigdimenna Associates Llc  Common Shares  62.3 K  13 M  
Zweigdimenna Associates Llc  Common Shares  29.6 K  5.6 M  
Zweigdimenna Associates Llc  Common Shares  68.3 K  11.9 M  
Zweigdimenna Associates Llc  Common Shares  137.5 K  13.8 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  38.0  30 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  36.0  27 K 
ASML Holding Fundamentals
Return On Equity  0.57 %  
Return On Asset  0.13 %  
Profit Margin  0.28 %  
Operating Margin  0.31 %  
Current Valuation  244.07 B  
Shares Outstanding  403.14 M  
Shares Owned by Institutions  19.53 %  
Number of Shares Shorted  1.55 M  
Price to Earning  44.67 X  
Price to Book  29.16 X  
Price to Sales  12.40 X  
Revenue  18.61 B  
Gross Profit  9.81 B  
EBITDA  7.43 B  
Net Income  5.88 B  
Cash and Equivalents  3.36 B  
Cash per Share  8.49 X  
Total Debt  4.08 B  
Debt to Equity  0.44 %  
Current Ratio  1.26 X  
Book Value Per Share  20.08 X  
Cash Flow from Operations  10.85 B  
Short Ratio  0.86 X  
Earnings Per Share  14.62 X  
Price to Earnings To Growth  1.68 X  
Target Price  680.22  
Number of Employees  34.72 K  
Beta  1.18  
Market Capitalization  244.64 B  
Total Asset  30.23 B  
Retained Earnings  8.05 B  
Working Capital  4.6 B  
Current Asset  7.71 B  
Current Liabilities  3.11 B  
Z Score  41.2  
Annual Yield  0.011 %  
Five Year Return  0.82 %  
Net Asset  30.23 B  
Last Dividend Paid  5.07 
About ASML Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASML Holding NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASML Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASML Holding NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands. Asml Holdings is traded on NASDAQ Exchange in the United States.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ASML Holding without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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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 taxloss harvesting strategies, allowing investors a quick way to find a similarenough 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 riskadjusted return on your portfolios.Please continue to ASML Holding Piotroski F Score and ASML Holding Valuation analysis. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for analysis
When running ASML Holding NV price analysis, check to measure ASML Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASML Holding is operating at the current time. Most of ASML Holding's value examination focuses on studying past and present price action to predict the probability of ASML Holding's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASML Holding's price. Additionally, you may evaluate how the addition of ASML Holding to your portfolios can decrease your overall portfolio volatility.
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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 YOY 0.007  Market Capitalization 244.6 B  Quarterly Revenue Growth YOY 0.1  Return On Assets 0.13  Return On Equity 0.57 
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.