ASML Holding N.V.
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ASML Holding N.V. Financial Snapshot
Operating Performance
Fast Facts
De Run 6501, Veldhoven, 5504 The company reported revenue of US$6,010.58
Headquarters Address
DR,Netherlands million during the fiscal year 2010 (2010). The
company's revenue grew at a CAGR of 7.64% during
Telephone + 31402683000
2006–2010, with an annual growth of 171.14% over
2009. In 2010, the company recorded an operating
Fax + 31402682000 margin of 25.76%, as against -4.77% in 2009.
Website www.asml.com
Revenue and Margins
ASML, Euronext Amsterdam Stock
Ticker Symbol, Stock Exchange
Exchange
Number of Employees 7,184
Fiscal Year End December
Revenue (in US$ million) 6,010.58
Revenue (in EUR million) 4,507.94
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
32.60% for 2010, as compared to its peers, Varian
Global presence Substantial increase in current liabilities Semiconductor Equipment Associates, Inc. (Ticker:
VSEA), Canon Inc. (Ticker: 7751) and Nikon
Corporation (Ticker: 7731), which recorded ROEs of
Order backlogs 22.86%, 9.32% and -3.39% respectively. The
company reported a net profit margin of 25.76% in
Strong financial performance 2010.
Unique product portfolio Return on Equity
Opportunities Threats
Growth in semiconductor market Dependence on suppliers
New product Foreign exchange effects
Recovering economy Stringent environment regulations
Liquidity Position
The company reported a current ratio of 2.22 in 2010,
as compared to its peers, Varian Semiconductor
Equipment Associates, Inc., Canon Inc. and Nikon
Corporation, which recorded current ratios of 4.62,
2.38 and 1.62 respectively. As of December 2010, the
company recorded cash and short-term investments
of worth US$2,632.31 million, against zero current
debt. The company reported a debt to equity ratio of
0.23 in 2010 as compared to its peers, Varian
Semiconductor Equipment Associates, Inc., Canon
Inc. and Nikon Corporation, which recorded debt to
equity ratios of 0.00, 0.01 and 0.28 respectively.
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ASML Holding N.V. - SWOT Profile Page 1
ASML Holding N.V.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Operational Efficiency ......................................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.2.5 Valuation ..........................................................................................................................................................14
2.3 Competitive Benchmarking ..................................................................................................................................15
2.3.1 Market Capitalization .......................................................................................................................................16
2.3.2 Efficiency ..........................................................................................................................................................17
2.3.3 Capital Expenditure ..........................................................................................................................................18
2.3.4 Valuation ..........................................................................................................................................................19
2.3.5 Turnover – Inventory and Asset .......................................................................................................................20
3 SWOT Analysis ...................................................................................................................................... 21
3.1 SWOT Analysis - Overview ..................................................................................................................................21
3.2 Strengths ..............................................................................................................................................................21
3.3 Weaknesses .........................................................................................................................................................22
3.4 Oppor