Asml Holdings Z Score

ASML
 Stock
  

USD 484.62  5.79  1.18%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please continue to Asml Holdings Piotroski F Score and Asml Holdings Valuation analysis.
  
Refresh
Asml Holdings Return on Invested Capital is relatively stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.59. Market Capitalization is expected to hike to about 350.4 B this year, although the value of Invested Capital will most likely fall to nearly 9.5 B. Asml Holdings Net Income Common Stock is relatively stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 6.35 Billion. Operating Income is expected to hike to about 7.1 B this year, although the value of Interest Expense will most likely fall to nearly 36.9 M.

Asml Holdings Z Score Analysis

Asml Holdings' Z-Score is a simple linear, multi-factor 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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Asml Holdings Z Score

    
  31.6  
Most of Asml Holdings' 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 Holdings NY is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Asml Holdings Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Asml Holdings 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 Holdings' 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 Holdings' 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 Holdings' interrelated accounts and indicators.
To calculate Z-Score 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. Z-Score 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 Z-Scores 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 so-called '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 Holdings NY has a Z Score of 31.6. This is 134.94% higher than that of the Technology sector and notably higher than that of the Semiconductor Equipment & Materials industry. The z score for all United States stocks is notably lower than that of the firm.

Asml Holdings Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asml Holdings' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asml Holdings could also be used in its relative valuation, which is a method of valuing Asml Holdings by comparing valuation metrics of similar companies.
Asml Holdings is currently under evaluation in z score category among related companies.

Asml Holdings Current Valuation Drivers

We derive many important indicators used in calculating different scores of Asml Holdings from analyzing Asml Holdings' financial statements. These drivers represent accounts that assess Asml Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Asml Holdings' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets18.3 B19.67 B21.29 B25.46 B28.14 B24.24 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.84 B3.39 B3.26 B4.63 B7.42 B8.01 B
Earnings Before Interest Taxes and Depreciation Amortization USD3.41 B3.9 B3.66 B5.65 B8.43 B9.1 B
Earnings before Tax2.37 B2.94 B2.78 B4.11 B6.9 B7.45 B
Average Equity10.97 B11.53 B12.36 B13.56 B11.84 B11.47 B
Enterprise Value75.82 B67.41 B126.36 B205.35 B324.5 B350.12 B
Free Cash Flow1.48 B2.5 B2.51 B3.67 B9.95 B10.73 B
Invested Capital9.93 B10.61 B11.87 B13.61 B9.55 B9.55 B
Invested Capital Average9.36 B10.6 B12.17 B14.73 B12.77 B11.31 B
Market Capitalization74.73 B66.51 B124.62 B204.06 B324.75 B350.38 B
Tangible Asset Value12.3 B14.49 B16.98 B21.59 B24.72 B20.55 B
Working Capital5.65 B6.74 B7.44 B9.33 B5.89 B6.29 B

Asml Holdings Institutional Holders

Institutional Holdings refers to the ownership stake in Asml Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Asml Holdings' 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 high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Asml Holdings' value.
Security TypeSharesValue
Price T Rowe Associates IncCommon Shares11.5 M7.7 B
Capital World InvestorsCommon Shares6.9 M4.6 B
Capital International InvestorsCommon Shares4.5 MB
Fisher Asset Management LlcCommon Shares4.4 MB
Wcm Investment Management LlcCommon Shares3.4 M2.3 B
State Farm Mutual Automobile Insurance CoCommon Shares2.8 M1.9 B
Fmr LlcCommon Shares2.8 M1.9 B

Asml Holdings Fundamentals

About Asml Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asml Holdings NY's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asml Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asml Holdings NY 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 operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 30861 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asml Holdings without increasing your portfolio risk or giving up 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.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module

Pair Trading with Asml Holdings

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 Holdings 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 Holdings will appreciate offsetting losses from the drop in the long position's value.

Asml Holdings Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Asml Holdings 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 Holdings 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 Holdings - 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 Holdings NY to buy it.
The correlation of Asml Holdings 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 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asml Holdings NY 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 Holdings 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 Asml Holdings Piotroski F Score and Asml Holdings Valuation analysis. Note that the Asml Holdings NY information on this page should be used as a complementary analysis to other Asml Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Asml Holdings Stock analysis

When running Asml Holdings NY price analysis, check to measure Asml Holdings' 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 Holdings is operating at the current time. Most of Asml Holdings' value examination focuses on studying past and present price action to predict the probability of Asml Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Asml Holdings' price. Additionally, you may evaluate how the addition of Asml Holdings to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Is Asml Holdings' 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 Holdings. If investors know Asml Holdings 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 Holdings 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
-0.46
Market Capitalization
197.4 B
Quarterly Revenue Growth YOY
-0.19
Return On Assets
0.13
Return On Equity
0.47
The market value of Asml Holdings NY is measured differently than its book value, which is the value of Asml Holdings that is recorded on the company's balance sheet. Investors also form their own opinion of Asml Holdings' value that differs from its market value or its book value, called intrinsic value, which is Asml Holdings' 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 Holdings' market value can be influenced by many factors that don't directly affect Asml Holdings' 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 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Asml Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asml Holdings' 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.