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MKSI vs ASML
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
MKSI vs ASML — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Hardware, Equipment & Parts | Semiconductors |
| Market Cap | $19.39B | $560.07B |
| Revenue (TTM) | $3.93B | $31.38B |
| Net Income (TTM) | $295M | $9.23B |
| Gross Margin | 45.2% | 52.8% |
| Operating Margin | 13.7% | 34.6% |
| Forward P/E | 29.0x | 44.6x |
| Total Debt | $4.69B | $2.71B |
| Cash & Equiv. | $675M | $12.91B |
MKSI vs ASML — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| MKS Inc. (MKSI) | 100 | 272.3 | +172.3% |
| ASML Holding N.V. (ASML) | 100 | 437.9 | +337.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MKSI vs ASML
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MKSI is the clearest fit if your priority is value and momentum.
- Lower P/E (29.0x vs 44.6x)
- +287.5% vs ASML's +112.4%
ASML carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 1.91, yield 0.5%
- Rev growth 11.0%, EPS growth 23.3%, 3Y rev CAGR 14.0%
- 15.0% 10Y total return vs MKSI's 7.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.0% revenue growth vs MKSI's 9.6% | |
| Value | Lower P/E (29.0x vs 44.6x) | |
| Quality / Margins | 29.4% margin vs MKSI's 7.5% | |
| Stability / Safety | Beta 1.91 vs MKSI's 2.64, lower leverage | |
| Dividends | 0.5% yield, vs MKSI's 0.3% | |
| Momentum (1Y) | +287.5% vs ASML's +112.4% | |
| Efficiency (ROA) | 18.3% ROA vs MKSI's 3.4%, ROIC 80.9% vs 6.5% |
MKSI vs ASML — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MKSI vs ASML — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ASML leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ASML is the larger business by revenue, generating $31.4B annually — 8.0x MKSI's $3.9B. ASML is the more profitable business, keeping 29.4% of every revenue dollar as net income compared to MKSI's 7.5%. On growth, MKSI holds the edge at +10.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.9B | $31.4B |
| EBITDAEarnings before interest/tax | $883M | $11.8B |
| Net IncomeAfter-tax profit | $295M | $9.2B |
| Free Cash FlowCash after capex | $496M | $10.7B |
| Gross MarginGross profit ÷ Revenue | +45.2% | +52.8% |
| Operating MarginEBIT ÷ Revenue | +13.7% | +34.6% |
| Net MarginNet income ÷ Revenue | +7.5% | +29.4% |
| FCF MarginFCF ÷ Revenue | +12.6% | +34.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +10.6% | -9.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +18.8% | -4.8% |
Valuation Metrics
MKSI leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 52.0x trailing earnings, ASML trades at a 21% valuation discount to MKSI's 65.8x P/E. On an enterprise value basis, MKSI's 25.7x EV/EBITDA is more attractive than ASML's 39.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $19.4B | $560.1B |
| Enterprise ValueMkt cap + debt − cash | $23.4B | $548.1B |
| Trailing P/EPrice ÷ TTM EPS | 65.82x | 52.04x |
| Forward P/EPrice ÷ next-FY EPS est. | 29.03x | 44.63x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.11x |
| EV / EBITDAEnterprise value multiple | 25.75x | 39.62x |
| Price / SalesMarket cap ÷ Revenue | 4.93x | 15.27x |
| Price / BookPrice ÷ Book value/share | 7.16x | 24.50x |
| Price / FCFMarket cap ÷ FCF | 39.01x | 45.02x |
Profitability & Efficiency
ASML leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
ASML delivers a 47.1% return on equity — every $100 of shareholder capital generates $47 in annual profit, vs $11 for MKSI. ASML carries lower financial leverage with a 0.14x debt-to-equity ratio, signaling a more conservative balance sheet compared to MKSI's 1.73x. On the Piotroski fundamental quality scale (0–9), ASML scores 8/9 vs MKSI's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +10.8% | +47.1% |
| ROA (TTM)Return on assets | +3.4% | +18.3% |
| ROICReturn on invested capital | +6.5% | +80.9% |
| ROCEReturn on capital employed | +7.2% | +39.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 8 |
| Debt / EquityFinancial leverage | 1.73x | 0.14x |
| Net DebtTotal debt minus cash | $4.0B | -$10.2B |
| Cash & Equiv.Liquid assets | $675M | $12.9B |
| Total DebtShort + long-term debt | $4.7B | $2.7B |
| Interest CoverageEBIT ÷ Interest expense | 2.55x | — |
Total Returns (Dividends Reinvested)
MKSI leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ASML five years ago would be worth $23,017 today (with dividends reinvested), compared to $16,551 for MKSI. Over the past 12 months, MKSI leads with a +287.5% total return vs ASML's +112.4%. The 3-year compound annual growth rate (CAGR) favors MKSI at 48.6% vs ASML's 31.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +71.0% | +24.4% |
| 1-Year ReturnPast 12 months | +287.5% | +112.4% |
| 3-Year ReturnCumulative with dividends | +228.0% | +125.3% |
| 5-Year ReturnCumulative with dividends | +65.5% | +130.2% |
| 10-Year ReturnCumulative with dividends | +724.4% | +1502.5% |
| CAGR (3Y)Annualised 3-year return | +48.6% | +31.1% |
Risk & Volatility
Evenly matched — MKSI and ASML each lead in 1 of 2 comparable metrics.
Risk & Volatility
ASML is the less volatile stock with a 1.91 beta — it tends to amplify market swings less than MKSI's 2.64 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MKSI currently trades 96.5% from its 52-week high vs ASML's 93.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.64x | 1.91x |
| 52-Week HighHighest price in past year | $298.00 | $1547.22 |
| 52-Week LowLowest price in past year | $71.49 | $675.50 |
| % of 52W HighCurrent price vs 52-week peak | +96.5% | +93.3% |
| RSI (14)Momentum oscillator 0–100 | 65.6 | 46.7 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 1.7M |
Analyst Outlook
ASML leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates MKSI as "Buy" and ASML as "Buy". Consensus price targets imply 10.6% upside for ASML (target: $1595) vs -5.1% for MKSI (target: $273). For income investors, ASML offers the higher dividend yield at 0.51% vs MKSI's 0.30%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $272.86 | $1595.20 |
| # AnalystsCovering analysts | 29 | 45 |
| Dividend YieldAnnual dividend ÷ price | +0.3% | +0.5% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.87 | $6.30 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | +1.2% |
ASML leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MKSI leads in 2 (Valuation Metrics, Total Returns). 1 tied.
MKSI vs ASML: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MKSI or ASML a better buy right now?
For growth investors, ASML Holding N.
V. (ASML) is the stronger pick with 11. 0% revenue growth year-over-year, versus 9. 6% for MKS Inc. (MKSI). ASML Holding N. V. (ASML) offers the better valuation at 52. 0x trailing P/E (44. 6x forward), making it the more compelling value choice. Analysts rate MKS Inc. (MKSI) a "Buy" — based on 29 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MKSI or ASML?
On trailing P/E, ASML Holding N.
V. (ASML) is the cheapest at 52. 0x versus MKS Inc. at 65. 8x. On forward P/E, MKS Inc. is actually cheaper at 29. 0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — MKSI or ASML?
Over the past 5 years, ASML Holding N.
V. (ASML) delivered a total return of +130. 2%, compared to +65. 5% for MKS Inc. (MKSI). Over 10 years, the gap is even starker: ASML returned +1502% versus MKSI's +724. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MKSI or ASML?
By beta (market sensitivity over 5 years), ASML Holding N.
V. (ASML) is the lower-risk stock at 1. 91β versus MKS Inc. 's 2. 64β — meaning MKSI is approximately 38% more volatile than ASML relative to the S&P 500. On balance sheet safety, ASML Holding N. V. (ASML) carries a lower debt/equity ratio of 14% versus 173% for MKS Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MKSI or ASML?
By revenue growth (latest reported year), ASML Holding N.
V. (ASML) is pulling ahead at 11. 0% versus 9. 6% for MKS Inc. (MKSI). On earnings-per-share growth, the picture is similar: MKS Inc. grew EPS 55. 5% year-over-year, compared to 23. 3% for ASML Holding N. V.. Over a 3-year CAGR, ASML leads at 14. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MKSI or ASML?
ASML Holding N.
V. (ASML) is the more profitable company, earning 29. 4% net margin versus 7. 5% for MKS Inc. — meaning it keeps 29. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ASML leads at 34. 6% versus 14. 4% for MKSI. At the gross margin level — before operating expenses — ASML leads at 52. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MKSI or ASML more undervalued right now?
On forward earnings alone, MKS Inc.
(MKSI) trades at 29. 0x forward P/E versus 44. 6x for ASML Holding N. V. — 15. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ASML: 10. 6% to $1595. 20.
08Which pays a better dividend — MKSI or ASML?
All stocks in this comparison pay dividends.
ASML Holding N. V. (ASML) offers the highest yield at 0. 5%, versus 0. 3% for MKS Inc. (MKSI).
09Is MKSI or ASML better for a retirement portfolio?
For long-horizon retirement investors, ASML Holding N.
V. (ASML) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 5% yield, +1502% 10Y return). MKS Inc. (MKSI) carries a higher beta of 2. 64 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ASML: +1502%, MKSI: +724. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MKSI and ASML?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
ASML pays a dividend while MKSI does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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