ASML $ASML
This European company focuses on the manufacture of advanced lithography equipment used to produce semiconductors.
Their main product is EUV lithography systems that create small and precise structures on semiconductor chips. These systems are then used to produce advanced and powerful chips that are used in computers, mobile phones, etc.
These EUV lithography systems are then bought by companies such as : TSMC, Samsung or Intel.
Results for the full year 2022 :
Revenues : $22.672 billion
Net Income : $6.022 billion
EPS : $15.14
I see huge potential for this company. The company is already doing nicely and I think it will continue to do well for a long time to come. If only because more and more of these systems will be needed and will be used in electric cars, for example.
The current share price is unfortunately high for me. I would like to buy below $550.
How do you feel about this company and would it make sense for you to invest in this company?
I'm surprised the company hasn't gotten to me yet. I've seen Ticker, otherwise no idea what he's doing. I'll definitely check it out again in the future when it might be at a slightly nicer price. 👍
EPS estimates for 2023 are from 19.88-20.8 (AVG 20.29) i.e. 550usd is P/E from 26.4-27.6 (AVG 27.1) 10y median is 32.6, 5y EPS growth of about 30% is assumed, I don't see much reason why it should go to P/E 27, but I'll buy there;)
For me, it is one of the most important companies in the world and probably one of the best companies we can find in Europe. Price-wise, the stock doesn't make sense to me at the moment.