AMD vs ASML
Advanced Micro Devices Inc. Common Stock vs ASML Holding N.V. New York Registry Shares. Scores ACCE, valorisation, rentabilité et croissance côte à côte.
$ASML Edges Out $AMD on Quality and Valuation
$AMD has been the momentum story of the past year — a +228.3% 1Y return and 91.2% earnings growth year-over-year are hard to argue with. But that performance has stretched the stock to a trailing P/E of 178.8 and an EV/EBITDA of 107.78, while the 6-model fair value sits at $140.84 — implying -73.5% downside to current price. ROE of just 8.1% and a net margin of 13.4% confirm the fundamentals haven't caught up to the multiple.
$ASML trades at a trailing P/E of 62.1 and forward P/E of 41.5 — still not cheap, but meaningfully more grounded. The quality gap is the real story: ROE of 53.9%, net margin of 30.1%, and FCF yield of 1.5% versus AMD's 0.8%. Its ACCE Quality score of 96 versus AMD's 70 reflects a structurally superior business. The 6-model fair value of $768.06 implies -56.7% downside — still elevated, but less extreme.
Winner: $ASML. Better profitability, lower valuation risk, and a quality score of 96 make it the more defensible position at current prices.