ASML Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	683.83B EUR	764.14B EUR	509.07B EUR	412.34B EUR
Enterprise Value	37.76T EUR	759.46B EUR	503.81B EUR	403.82B EUR
Valuation Multiples
Trailing P/E	57.45x	71.83x	50.85x	56.84x
Forward P/E	30.61x	--	--	--
Price to Sales	19.36x	21.63x	15.11x	16.54x
Price to Book	1,546.83x	35.01x	24.44x	21.02x
EV/Revenue	1,068.85x	21.5x	14.95x	16.2x
EV/EBITDA	2,799.42x	58.23x	40.28x	43.2x
Price to FCF (P/FCF)	81.04x	89.11x	57.23x	37.39x
EV/FCF	4,475.14x	88.56x	56.64x	36.62x
FCF Yield	1.23%	1.12%	1.75%	2.67%