Equity research report ASML holding N.V. - powering the next era of microchips

Abstract

This report outlines an individual’s input within a group equity research assignment on ASML Holding N.V., carried out as part of the Master in Finance program at Nova SBE. It examines the company’s core strengths, financial standing, sector dynamics, and future growth outlook. The content spans a company profile, regional market reach, shareholder composition, key financial metrics, projections for EUV segment revenue, and scenario modeling. Valuation approaches include both DCF and APV to determine intrinsic value. The findings support a BUY stance, setting a target price of €739.41, underscoring ASML’s leadership in advanced lithography and its robust positioning in the everevolving semiconductor landscape