Today’s Stock: ASML Holding N.V. (ASML)Today’s Stock: ASML Holding N.V. (ASML)

ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems. It also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography systems solutions to manufacture various range of semiconductor nodes and technologies.

In addition, the company offers metrology and inspection systems, including YieldStar optical metrology systems, a diffraction-based wafer metrology platform to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, it provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services. Additionally, the company offers hardware, software, and services to chipmakers to produce the patterns of integrated circuits. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States.

The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.

My Thoughts 💭My Thoughts 💭

Not sure I ever heard of this company. But I can see they are part of this AI boom that has been going on these last few years. What’s confusing is why Ansel added this Dutch company to the American Re-industrialization portfolio. I think he may have mentioned why in his post but I am a bit confused.

At 1.8M sats per share ($74,588), and a 11.8k sat per share yearly dividend. It would take 152 years to break even.

The company trades at a PE 48 which means investors are paying $48 access $1 of earnings. A very expensive stock by historical standards. But it does pay a decent dividend which could justify this rich valuation.

Let’s review some key fundamentals to determine if this stock is worth spending sats on.

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The fundamentals of this company are very strong. The balance sheet is fantastic, the growth prospects are good (projected grow slower than bitcoin), growing revenue, fantastic free cash flow, the leadership team is underpaid, the float has a nice split between retail and institutions.

The only negative is the elevated valuation. The market is demanding an elevated premium to own shares in this company. But to own this company I can see why!

From a Bitcoiner perspective. Paying 1.8M sats for one share is a bit steep. It’s hard to justify selling almost 2M sats for only one share of this fantastic company but if I can see how Bitcoiners can talk themselves into it looking at these great fundamentals.

Here is the performance according to Simply Wall Street

This company reminds me of Nvida! Very strong fundamentals with good leadership. But I am still confused how a Dutch company make it into the American re-industrialization portfolio but nonetheless this is a great company.

One must fear what happens when growth slows down in AI the valuation should compress but since it pays a dividend and is lead by a good team owning shares in this company should pay off in the long run.

Now to offset the almost 2M in I would DCA 100k sats a week or month and build out my position over the long run and be happy to own such a business with strong fundamentals.