ASML vs KLIC vs VECO Stock Comparison

Asml Holding, Kulicke & Soffa Industries and Veeco Instruments Prices as of Nov 3, 2026 Peers: Industry group
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ASML Asml Holding Nv
$1,552.14 -16.9% 1M +45.5% 1Y
Market cap
$598.22B
P/E
55.1x
Revenue (TTM)
$37.62B
Div. yield
0.60%
Semiconductor Equipment Technology
4 wins
VECO Veeco Instruments Inc
$37.39 -34.8% 1M +26.7% 1Y
Market cap
$2.29B
P/E
98.2x
Revenue (TTM)
$682.72M
Div. yield
–
Semiconductor Equipment Technology

Head to Head

10 decided of 12

Kulicke & Soffa Industries leads on 6 of the 12 questions below (Kulicke & Soffa Industries 6, Asml Holding 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionASMLKLICVECOLeader
Larger companyMarket capitalisation $598.22B $3.79B $2.29B ASML
Cheaper on earningsLower P/E, profitable companies only 55.1x 32.8x 98.2x KLIC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.6x 17.8x 25.6x KLIC
Faster revenue growthRevenue growth, trailing twelve months +22.9% +44.4% -2.5% KLIC
More profitableNet margin, trailing twelve months 29.1% 12.2% 3.4% ASML
Better return on capitalReturn on invested capital — — 1.6% –
Less leveragedLower net debt / EBITDA — — -5.2x –
Higher dividend yieldTrailing dividend yield 0.60% 1.11% — KLIC
Better 1-year returnPrice return, last 12 months +45.5% +80.1% +26.7% KLIC
Better 5-year returnAnnualised price return, 5 years +12.8%/yr +5.0%/yr +6.6%/yr ASML
Less volatileAnnualised volatility, 1 year 47.4% 59.4% 71.5% ASML
Higher overall scoreMean of the five percentile scores vs peers 46/100 55/100 41/100 KLIC

Percentile Scorecard

ASMLKLICVECO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisASMLKLICVECO
Valuation 16 #79 of 94 61 #37 of 94 74 #25 of 94
Growth 81 #18 of 92 62 #36 of 92 13 #80 of 92
Profitability 79 #20 of 90 53 #43 of 90 37 #57 of 90
Financial Health 14 #87 of 101 59 #42 of 101 49 #52 of 101
Shareholder Returns 41 #47 of 79 39 #49 of 79 31 #55 of 79
Overall 46 55 41
  • ASML ranked among 103 companies in Semiconductors
  • KLIC ranked among 103 companies in Semiconductors
  • VECO ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodASMLKLICVECOSPY
1 month -16.9%-28.1%-34.8% -2.0%
3 months -9.3%-22.8%-30.5% -2.2%
6 months +7.6%-20.7%-24.5% +4.2%
Year to date +45.1%+59.0%+30.8% +10.6%
1 year +45.5%+80.1%+26.7% +10.4%
3 years +141.6%+60.3%+47.7% +73.6%
3 years, per year +34.2%+17.1%+13.9% +20.2%
5 years +82.5%+27.7%+37.5% +61.6%
5 years, per year +12.8%+5.0%+6.6% +10.1%
10 years +1,425.0%+452.6%+60.5% +261.3%
10 years, per year +31.3%+18.6%+4.8% +13.7%

Risk

MeasureASMLKLICVECOSPY
Volatility, 1Y 47.4%59.4%71.5% 12.8%
Downside volatility, 1Y 47.6%64.9%72.1% 12.8%
Beta vs S&P 500, 1Y 2.332.322.72 1.00
Return / volatility, 1Y 0.961.350.37 0.81
Max drawdown, 5Y -56.9%-59.5%-64.2% -25.4%
From 52-week high -22.0%-45.9%-55.0% -3.2%
52-week high $1,989.44$133.81$83.04 $779.14
52-week low $966.57$35.29$26.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleASMLKLICVECO
P/E now vs peer median 55.1xmedian 41.4x 32.8xmedian 41.4x 98.2xmedian 41.4x
P/S now vs peer median 15.9xmedian 6.6x 4.0xmedian 6.6x 3.3xmedian 6.6x
EV/EBITDA now vs peer median —median 26.6x 23.1xmedian 26.6x 53.0xmedian 26.6x
P/FCF now vs peer median 47.8xmedian 39.1x 92.2xmedian 39.1x 26.8xmedian 39.1x
P/B now vs peer median 26.0xmedian 4.2x 4.2xmedian 4.2x 2.5xmedian 4.2x
PEG now vs peer median 2.28median 1.84 4.05median 1.84 -2.80median 1.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsASMLKLICVECO
Revenue $37.62B $950.21M $682.72M
Gross profit $19.58B $457.82M $258.88M
Operating income – $125.54M $18.38M
Net income – $115.74M $23.24M
Free cash flow – $41.13M $85.17M
R&D – $161.53M $122.79M
EPS (diluted) $28.13 $2.17 $0.35
Cash & equivalents $15.17B $368.57M $214.46M
Total debt $5.16B – $226.54M
Shares (diluted) 388.90M 53.43M 66.78M
Enterprise value $553.91B $1.79B $713.34M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricASMLKLICVECO
P/E 55.1x 32.8x 98.2x
P/FCF 47.8x 92.2x 26.8x
P/Operating cash flow – 68.8x 22.9x
P/S 15.9x 4.0x 3.3x
P/B 26.0x 4.2x 2.5x
P/Tangible book 26.7x 4.2x 2.5x
EV/EBITDA – 23.1x 53.0x
EV/EBIT – 26.1x 113.3x
EV/Revenue 15.6x 3.4x 3.1x
EV/FCF – 79.6x 24.5x
EV/Operating cash flow – 59.4x 20.9x
PEG (3Y EPS CAGR) 2.28 4.05 -2.80

Growth

14 metrics
MetricASMLKLICVECO
Revenue growth (1Y) 22.9% 44.4% -2.5%
Revenue CAGR (3Y) 19.4% 4.8% 2.1%
Gross profit growth (1Y) 24.9% 61.0% -10.9%
Gross profit CAGR (3Y) 20.6% 5.0% -0.4%
Operating income growth (1Y) – 8,922% -66.4%
Operating income CAGR (3Y) – 12.8% -30.4%
Net income growth (1Y) – 1,845% -61.6%
Net income CAGR (3Y) – 5.5% -29.9%
EPS growth (1Y) 35.2% 1,818% -65.4%
EPS CAGR (3Y) 24.2% 8.1% -35.1%
Operating cash flow growth (1Y) – -59.7% 33.0%
Operating cash flow CAGR (3Y) – -36.2% -1.8%
Free cash flow growth (1Y) – -65.7% 53.4%
Free cash flow CAGR (3Y) – -37.0% -0.1%

Profitability

14 metrics
MetricASMLKLICVECO
Gross margin 52.0% 48.2% 37.9%
EBITDA margin – 14.9% 5.8%
Operating margin – 13.2% 2.7%
Pretax margin – 15.2% 3.4%
Net margin 29.1% 12.2% 3.4%
FCF margin – 4.3% 12.5%
Operating cash flow margin – 5.8% 14.6%
Return on equity – 13.1% 2.6%
Return on assets – 9.2% 1.7%
Return on invested capital – – 1.6%
Return on capital employed – 13.5% 1.6%
Asset turnover 0.7x 0.8x 0.5x
Cash conversion (OCF / net income) – 0.5x 4.3x
Stock comp / revenue – 2.9% 5.3%

Financial Health

11 metrics
MetricASMLKLICVECO
Debt / assets 8.7% – 16.0%
Debt / equity 0.2x – 0.3x
Net debt / EBITDA – – -5.2x
Debt / FCF – – 2.7x
Liabilities / assets 61.2% 30.9% 36.2%
Equity / assets 38.8% 69.1% 63.8%
Interest coverage – 836.9x 2.1x
Current ratio 1.3x 3.4x 3.9x
Quick ratio 0.7x 2.6x 2.5x
Cash ratio 0.5x 1.6x 1.8x
Altman Z-score – 8.69 3.39

Shareholder Returns

7 metrics
MetricASMLKLICVECO
Dividend yield 0.6% 1.1% –
Net buyback yield – 0.6% -0.1%
Shareholder yield 0.6% 1.8% -0.1%
Payout ratio (earnings) – 37.0% –
Payout ratio (FCF) – 104.2% –
Dividend growth (1Y) – -1.9% –
Dividend CAGR (3Y) – 1.2% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusASMLKLICVECO
Forward P/E 32.6xFY2026 17.8xFY2026 25.6xFY2026
EPS, next fiscal year $47.62FY2026 $4.07FY2026 $1.46FY2026
EPS growth, next FY +61.2%FY2026 +1,838.1%FY2026 +9.8%FY2026
EPS growth, the year after +42.0% +38.6% +108.2%
Revenue, next fiscal year $47.18BFY2026 $1.19BFY2026 $753.17MFY2026
Revenue growth, next FY +20.9%FY2026 +82.6%FY2026 +13.4%FY2026
Revenue growth, the year after +42.9% +24.1% +52.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersASMLKLICVECO
Held by institutions 19.8% 92.8% 100.0%
Institutions holding 2,492 466 329
Change in shares held, QoQ +8.0% +1.6% +3.5%
Institutions buying 1,359 267 209
Institutions selling 782 152 86
Buyers to sellers 1.74 1.76 2.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ASMLKLICVECO
ASML 1.00 0.63 0.60
KLIC 0.63 1.00 0.61
VECO 0.60 0.61 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, ASML, KLIC and VECO?

Asml Holding (ASML) is the largest by market capitalisation: Asml Holding (ASML) $598.22B, Kulicke & Soffa Industries (KLIC) $3.79B, Veeco Instruments (VECO) $2.29B.

Which stock is cheaper, ASML, KLIC and VECO?

Kulicke & Soffa Industries (KLIC) trades on the lowest price-to-earnings ratio (Asml Holding (ASML) 55.1x, Kulicke & Soffa Industries (KLIC) 32.8x, Veeco Instruments (VECO) 98.2x). On next year's consensus earnings, Kulicke & Soffa Industries (KLIC) is cheapest (Asml Holding (ASML) 32.6x, Kulicke & Soffa Industries (KLIC) 17.8x, Veeco Instruments (VECO) 25.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kulicke & Soffa Industries (KLIC) grew revenue fastest over the trailing twelve months: Asml Holding (ASML) +22.9%, Kulicke & Soffa Industries (KLIC) +44.4%, Veeco Instruments (VECO) -2.5%.

Which company is more profitable?

Asml Holding (ASML) has the highest net margin (Asml Holding (ASML) 29.1%, Kulicke & Soffa Industries (KLIC) 12.2%, Veeco Instruments (VECO) 3.4%).

Which stock has performed better?

Over the past year Kulicke & Soffa Industries (KLIC) returned the most: Asml Holding (ASML) +45.5%, Kulicke & Soffa Industries (KLIC) +80.1%, Veeco Instruments (VECO) +26.7%. Over five years, Asml Holding (ASML) compounded fastest (Asml Holding (ASML) +12.8%/yr, Kulicke & Soffa Industries (KLIC) +5.0%/yr, Veeco Instruments (VECO) +6.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kulicke & Soffa Industries (KLIC) has the highest dividend yield: Asml Holding (ASML) 0.60%, Kulicke & Soffa Industries (KLIC) 1.11%. Veeco Instruments (VECO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Asml Holding (ASML) has been the steadiest (Asml Holding (ASML) 47.4%, Kulicke & Soffa Industries (KLIC) 59.4%, Veeco Instruments (VECO) 71.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ASML, KLIC and VECO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kulicke & Soffa Industries (KLIC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.