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ASML vs MU

ASML Holding N.V. New York Registry Shares vs Micron Technology Inc. Common Stock. Side-by-side ACCE scores, valuation, profitability, and growth.

ACCE scores
ASML
MU
Composite score
Out of 100
74
88
Growth
80
100
Value
24
54
Quality
96
100
Momentum
97
97
Valuation
ASML
MU
Price
1711.32
1043.96
Market cap
645.26B
1.15T
Trailing P/E
57.81
22.94
Forward P/E
27.86
6.55
EV / EBITDA
46.79
16.51
Dividend yield
0.5%
0.1%
Profitability
ASML
MU
ROE
53.9%
66.6%
Net margin
30.1%
55.9%
Debt / equity
0.22
0.22
Free cash flow
10.65B
1.67B
Growth
ASML
MU
Revenue growth (YoY)
21.3%
3.5%
Earnings growth (YoY)
28.5%
13.7%
Analyst target
2137.63
1513.11
ACCE verdict

$MU vs $ASML: Micron Wins on Fundamentals, But Neither Is Cheap

$MU is the clear pick on fundamentals. Its ACCE score of 89/100 (Growth 100, Quality 100, Momentum 97) towers over $ASML's 70/100. The numbers back it up: a 55.9% net margin and 66.6% ROE are exceptional for a semiconductor manufacturer, and a forward P/E of just 6.1x makes it the rare high-quality stock trading at a value price. Year-over-year earnings growth came in at +1,368.5% and revenue surged +345.7%, with a beat in Q2 FY2026. The 1-year return of +705.2% reflects a genuine earnings recovery, not multiple expansion.

$ASML is no slouch — 52.2% ROE, 19.2% earnings growth, and a 1-year return of +125.1% — but at a trailing P/E of 59.9x and forward P/E of 49.3x, you're paying a steep premium for a business growing at a fraction of $MU's pace.

One caution applies to both: ACCE's 6-model fair value flags $MU at -81.5% and $ASML at -62.2% versus current prices, signaling significant valuation risk at these levels. On balance, $MU wins — better growth, superior margins, and a far more reasonable forward multiple.

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