WallStSmart

ASML Holding NV ADR (ASML)vsKLA Corporation (KLAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ASML Holding NV ADR generates 156% more annual revenue ($32.67B vs $12.74B). KLAC leads profitability with a 35.8% profit margin vs 29.4%. KLAC appears more attractively valued with a PEG of 1.60. KLAC earns a higher WallStSmart Score of 69/100 (B-).

ASML

Buy

56

out of 100

Grade: C

Growth: 6.0Profit: 9.5Value: 7.3Quality: 5.0

KLAC

Strong Buy

69

out of 100

Grade: B-

Growth: 7.3Profit: 10.0Value: 8.7Quality: 8.5
Piotroski: 6/9Altman Z: 2.70
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASMLSignificantly Overvalued (-195.5%)

Margin of Safety

-195.5%

Fair Value

$516.62

Current Price

$1366.39

$849.77 premium

UndervaluedFair: $516.62Overvalued
KLACUndervalued (+7.9%)

Margin of Safety

+7.9%

Fair Value

$1608.52

Current Price

$1482.36

$126.16 discount

UndervaluedFair: $1608.52Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASML5 strengths · Avg: 9.8/10
Market CapQuality
$545.47B10/10

Mega-cap, among the largest globally

Return on EquityProfitability
50.5%10/10

Every $100 of equity generates 51 in profit

Operating MarginProfitability
35.3%10/10

Strong operational efficiency at 35.3%

Free Cash FlowQuality
$10.57B10/10

Generating 10.6B in free cash flow

Profit MarginProfitability
29.4%9/10

Keeps 29 of every $100 in revenue as profit

KLAC6 strengths · Avg: 9.2/10
Return on EquityProfitability
100.7%10/10

Every $100 of equity generates 101 in profit

Profit MarginProfitability
35.8%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
41.3%10/10

Strong operational efficiency at 41.3%

Market CapQuality
$194.64B9/10

Large-cap with strong market position

EPS GrowthGrowth
40.9%8/10

Earnings expanding 40.9% YoY

Free Cash FlowQuality
$1.26B8/10

Generating 1.3B in free cash flow

Areas to Watch

ASML4 concerns · Avg: 3.0/10
PEG RatioValuation
2.334/10

Expensive relative to growth rate

Revenue GrowthGrowth
4.9%4/10

4.9% revenue growth

P/E RatioValuation
49.3x2/10

Premium valuation, high expectations priced in

Price/BookValuation
23.4x2/10

Trading at 23.4x book value

KLAC4 concerns · Avg: 2.8/10
PEG RatioValuation
1.604/10

Expensive relative to growth rate

Debt/EquityHealth
1.153/10

Elevated debt levels

P/E RatioValuation
43.1x2/10

Premium valuation, high expectations priced in

Price/BookValuation
35.6x2/10

Trading at 35.6x book value

Comparative Analysis Report

WallStSmart Research

Bull Case : ASML

The strongest argument for ASML centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with margins at 29.4% and operating margin at 35.3%.

Bull Case : KLAC

The strongest argument for KLAC centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 35.8% and operating margin at 41.3%.

Bear Case : ASML

The primary concerns for ASML are PEG Ratio, Revenue Growth, P/E Ratio. A P/E of 49.3x leaves little room for execution misses.

Bear Case : KLAC

The primary concerns for KLAC are PEG Ratio, Debt/Equity, P/E Ratio. A P/E of 43.1x leaves little room for execution misses.

Key Dynamics to Monitor

ASML profiles as a value stock while KLAC is a mature play — different risk/reward profiles.

KLAC carries more volatility with a beta of 1.45 — expect wider price swings.

KLAC is growing revenue faster at 7.2% — sustainability is the question.

ASML generates stronger free cash flow (10.6B), providing more financial flexibility.

Bottom Line

KLAC scores higher overall (69/100 vs 56/100), backed by strong 35.8% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ASML Holding NV ADR

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

ASML Holding NV develops, produces, markets, sells and services advanced semiconductor equipment systems consisting of lithography, metrology and inspection related systems for memory and logic chip manufacturers. The company is headquartered in Veldhoven, the Netherlands.

KLA Corporation

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

KLA Corporation is a capital equipment company based in Milpitas, California. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.

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