ASML
ASML Holding N.V.Evidence as of 2026-09-23The desk's Snapshot
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Overview · ASML Holding N.V.
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technolo…
Management team
- Mr. Wayne R. Allan · Executive VP, Chief Strategic Sourcing & Procurement Officer and Member of Management BoardFind on LinkedIn
- Mr. James P. Koonmen · Executive VP, Chief Customer Officer & Member of Management BoardFind on LinkedIn
- Mr. Frederic J. M. Schneider-Maunoury · Executive VP, COO & Member of the Management BoardFind on LinkedIn
- Mr. Roger J. M. Dassen Ph.D. · Executive VP, CFO & Member of the Management BoardFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+1.8 on a −2 to +2 scale — was +1.6 before the debate changed the read.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The surviving packet leaves a strongly constructive balance: +1.8 of a possible +2, with moderate confidence. Total assets rose from EUR 22,629,600,000 as of FY 2019 to EUR 50,566,600,000 as of FY 2025, cash and cash equivalents increased from EUR 3,532,300,000 as of FY 2019 to EUR 12,916,000,000 as of FY 2025, and stockholders' equity expanded from EUR 12,592,200,000 as of FY 2019 to EUR 19,612,200,000 as of FY 2025. Shares outstanding declined from 419,810,706 as of FY 2019 to 385,417,665 as of FY 2025, while long-term noncurrent debt rose to EUR 4,637,300,000 as of FY 2023 before being reported at EUR 2,709,000,000 as of FY 2025.
The news coverage in the surviving claims frames recent attention around a share move and a sector comparison that recurs across outlets, highlighting ASML’s near‑monopoly language, a reported 29% net margin, and strong cash flow in multiple headlines.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Total assets rose from EUR 22,629,600,000 as of 2019-12-31 to EUR 39,957,500,000 as of 2023-12-31 and then to EUR 50,566,600,000 as of 2025-12-31.
XBRL companyfacts · 0000937966-20-000011Cash and cash equivalents increased from EUR 3,532,300,000 as of 2019-12-31 to EUR 12,735,900,000 as of 2024-12-31 and EUR 12,916,000,000 as of 2025-12-31.
XBRL companyfacts · 0000937966-23-000014Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
No ETF membership, no insider Form 4 filings and no 13F holdings on file.
Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
A simplywall.st headline on 23 September 2026 frames recent attention around ASML as driven by a recent share move and year-to-date performance.
News · simplywall.st · 2026-09-23weakened in debateA finance.yahoo.com headline on 22 September 2026 frames ASML in a sector-wide comparison as an AI chip-related stock, noting a near-monopoly position, a 29% net margin, and strong cash flow.
News · finance.yahoo.com · 2026-09-22weakened in debateReads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The filings on record don't carry four quarters of both operating cash flow and capital expenditure. IFRS filers report no common capex concept, so no FCF claim is made..
Debate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The balance-sheet claims (fundamentals-0, fundamentals-1, fundamentals-2, fundamentals-4) together show expanding scale (total assets up materially 2019→2025), substantially higher cash balances, rising stockholders’ equity, and a steady reduction in shares outstanding — evidence that the company has built financial resources and has engaged in share count reduction. Multiple news items (news-1, news-2) independently emphasize the firm’s margin profile and cash-flow strength and label its market position as near-monopolistic; these corroborate the accounting signals. Street consensus (multiple buy ratings shown in the provided consensus) provides additional third‑party, publicly reported support for a favorable market read. Evidence strength: fundamentals claims — strong (regular audited filings across years); news claims — moderate (multiple outlets reporting similar themes); street consensus — moderate (several sell-side firms shown as buy).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.44
9 surviving claims rest on 5 distinct sources; the heaviest analyst carries 56% of them, and 72% of what the desk raised survived the debate.
The surviving read is fragile: a small set of distinct sources and a single analyst carrying over half the surviving claims means the desk’s view depends heavily on a few inputs and one analyst’s interpretations. A 72% survival rate shows most points held up in debate, but the concentration means these claims should be treated as provisional and given limited standalone weight.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
12 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+1.8 to the score
3 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on ASML Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.