TER vs EMR vs ASML Stock Comparison

Teradyne, Emerson Electric and Asml Holding Prices as of Oct 23, 2026 Peers: Industry group
TER Teradyne, Inc
$308.85 -20.6% 1M +112.9% 1Y
Market cap
$48.36B
P/E
42.0x
Revenue (TTM)
$4.46B
Div. yield
–
Test and Measurement Technology
5 wins
EMR Emerson Electric Co
$161.60 +4.6% 1M +21.3% 1Y
Market cap
$90.47B
P/E
35.1x
Revenue (TTM)
$18.64B
Div. yield
0.01%
Pumps and Valves Industrials
3 wins
ASML Asml Holding Nv
$1,571.80 -9.9% 1M +51.7% 1Y
Market cap
$616.92B
P/E
56.4x
Revenue (TTM)
$37.62B
Div. yield
–
Semiconductor Equipment Technology
2 wins

Head to Head

10 decided of 12

Teradyne leads on 5 of the 12 questions below (Teradyne 5, Emerson Electric 3, Asml Holding 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEREMRASMLLeader
Larger companyMarket capitalisation $48.36B $90.47B $616.92B ASML
Cheaper on earningsLower P/E, profitable companies only 42.0x 35.1x 56.4x EMR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.9x 24.0x 34.7x EMR
Faster revenue growthRevenue growth, trailing twelve months +57.9% +4.8% +22.9% TER
More profitableNet margin, trailing twelve months 25.8% 13.8% 29.1% ASML
Better return on capitalReturn on invested capital 35.3% 10.9% — TER
Less leveragedLower net debt / EBITDA — 1.8x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +112.9% +21.3% +51.7% TER
Better 5-year returnAnnualised price return, 5 years +21.6%/yr +10.8%/yr +14.4%/yr TER
Less volatileAnnualised volatility, 1 year 78.6% 31.7% 46.8% EMR
Higher overall scoreMean of the five percentile scores vs peers 65/100 45/100 45/100 TER

Percentile Scorecard

TEREMRASML

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

AxisTEREMRASML
Valuation 23 #87 of 112 35 #133 of 203 18 #78 of 95
Growth 89 #13 of 109 40 #113 of 188 82 #18 of 93
Profitability 93 #8 of 105 85 #29 of 187 78 #21 of 91
Financial Health 72 #34 of 117 29 #158 of 222 13 #89 of 102
Shareholder Returns 49 #42 of 82 36 #99 of 153 36 #49 of 76
Overall 65 45 45
  • TER ranked among 122 companies in Computer Hardware
  • EMR ranked among 222 companies in Machinery
  • ASML ranked among 104 companies in Semiconductors

Price Performance

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

Returns

PeriodTEREMRASMLSPY
1 month -20.6%+4.6%-9.9% -1.0%
3 months -11.7%+9.2%-10.5% +2.9%
6 months -26.1%+14.3%+7.8% +6.4%
Year to date +59.6%+21.8%+46.9% +11.4%
1 year +112.9%+21.3%+51.7% +13.1%
3 years +237.1%+78.1%+161.6% +79.4%
3 years, per year +50.0%+21.2%+37.8% +21.5%
5 years +166.0%+67.2%+96.2% +67.7%
5 years, per year +21.6%+10.8%+14.4% +10.9%
10 years +1,342.6%+222.5%+1,393.3% +255.2%
10 years, per year +30.6%+12.4%+31.0% +13.5%

Risk

MeasureTEREMRASMLSPY
Volatility, 1Y 78.6%31.7%46.8% 12.7%
Downside volatility, 1Y 84.9%33.3%46.2% 12.7%
Beta vs S&P 500, 1Y 3.351.522.25 1.00
Return / volatility, 1Y 1.440.671.10 1.03
Max drawdown, 5Y -59.7%-29.9%-56.9% -25.4%
From 52-week high -36.2%-1.7%-21.0% -2.5%
52-week high $483.84$164.37$1,989.44 $779.14
52-week low $144.28$123.30$966.57 $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.

MultipleTEREMRASML
P/E now vs peer median 42.0xmedian 31.3x 35.0xmedian 25.9x 55.8xmedian 41.5x
P/S now vs peer median 10.8xmedian 2.6x 4.8xmedian 1.9x 16.1xmedian 6.9x
EV/EBITDA now vs peer median 32.0xmedian 19.6x 16.4xmedian 13.7x —median 27.3x
P/FCF now vs peer median 62.7xmedian 28.3x 26.0xmedian 21.1x 48.4xmedian 35.6x
P/B now vs peer median 13.9xmedian 2.9x 4.4xmedian 2.3x 26.3xmedian 4.2x
PEG now vs peer median 1.45median 1.15 -0.84median 1.19 2.31median 2.31

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 monthsTEREMRASML
Revenue $4.46B $18.64B $37.62B
Gross profit $2.64B $9.91B $19.58B
Operating income $1.35B $4.68B –
Net income $1.15B $2.58B –
Free cash flow $769.75M $3.46B –
R&D $559.87M – –
EPS (diluted) $7.29 $4.59 $28.13
Cash & equivalents $349.54M $2.18B $15.17B
Total debt $400.00M $54.11B $5.16B
Shares (diluted) 157.69M 561.10M 388.90M
Enterprise value $47.14B $83.21B $572.61B

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
MetricTEREMRASML
P/E 42.0x 35.0x 55.8x
P/FCF 62.7x 26.0x 48.4x
P/Operating cash flow 45.4x 23.0x –
P/S 10.8x 4.8x 16.1x
P/B 13.9x 4.4x 26.3x
P/Tangible book 14.3x 7.7x 27.0x
EV/EBITDA 32.0x 16.4x –
EV/EBIT 35.5x 21.6x –
EV/Revenue 10.7x 5.4x 15.8x
EV/FCF 62.3x 29.2x –
EV/Operating cash flow 45.0x 25.8x –
PEG (3Y EPS CAGR) 1.45 -0.84 2.31

Growth

14 metrics
MetricTEREMRASML
Revenue growth (1Y) 57.9% 4.8% 22.9%
Revenue CAGR (3Y) 16.0% 7.6% 19.4%
Gross profit growth (1Y) 58.2% 5.7% 24.9%
Gross profit CAGR (3Y) 16.7% 11.0% 20.6%
Operating income growth (1Y) 160.9% 9.2% –
Operating income CAGR (3Y) 28.8% 13.6% –
Net income growth (1Y) 145.2% -3.0% –
Net income CAGR (3Y) 27.2% -42.0% –
EPS growth (1Y) 149.0% -2.2% 35.2%
EPS CAGR (3Y) 29.0% -41.6% 24.2%
Operating cash flow growth (1Y) 34.4% 4.4% –
Operating cash flow CAGR (3Y) 19.9% 10.1% –
Free cash flow growth (1Y) 38.4% 4.4% –
Free cash flow CAGR (3Y) 18.5% 9.4% –

Profitability

14 metrics
MetricTEREMRASML
Gross margin 59.2% 53.2% 52.0%
EBITDA margin 33.5% 33.1% –
Operating margin 30.2% 25.1% –
Pretax margin 30.2% 17.6% –
Net margin 25.8% 13.8% 29.1%
FCF margin 17.2% 18.6% –
Operating cash flow margin 23.9% 21.0% –
Return on equity 35.2% 12.7% –
Return on assets 24.9% 6.1% –
Return on invested capital 35.3% 10.9% –
Return on capital employed 37.8% 14.9% –
Asset turnover 1.0x 0.4x 0.7x
Cash conversion (OCF / net income) 0.9x 1.5x –
Stock comp / revenue 1.7% 1.3% –

Financial Health

11 metrics
MetricTEREMRASML
Debt / assets – 31.1% 8.7%
Debt / equity – 0.6x 0.2x
Net debt / EBITDA – 1.8x –
Debt / FCF – 3.8x –
Liabilities / assets 29.5% 51.7% 61.2%
Equity / assets 70.5% 48.3% 38.8%
Interest coverage 118.8x – –
Current ratio 2.1x 0.9x 1.3x
Quick ratio 1.3x 0.5x 0.7x
Cash ratio 0.3x 0.2x 0.5x
Altman Z-score 22.47 4.63 –

Shareholder Returns

7 metrics
MetricTEREMRASML
Dividend yield 0.2% 1.4% 0.6%
Net buyback yield 1.0% 1.0% –
Shareholder yield 1.1% 2.4% 0.6%
Payout ratio (earnings) – 47.8% –
Payout ratio (FCF) – 35.6% –
Dividend growth (1Y) – 3.1% –
Dividend CAGR (3Y) – 0.7% –

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.

ConsensusTEREMRASML
Forward P/E 31.9xFY2026 24.0xFY2026 34.7xFY2026
EPS, next fiscal year $9.69FY2026 $6.74FY2026 $45.25FY2026
EPS growth, next FY +144.7%FY2026 +12.3%FY2026 +53.2%FY2026
EPS growth, the year after +24.9% +15.4% +43.0%
Revenue, next fiscal year $5.01BFY2026 $18.13BFY2026 $47.33BFY2026
Revenue growth, next FY +57.1%FY2026 +0.6%FY2026 +21.3%FY2026
Revenue growth, the year after +18.1% +15.3% +41.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEREMRASML
Held by institutions 97.3% 82.1% 19.8%
Institutions holding 1,419 2,290 2,488
Change in shares held, QoQ +5.2% +0.9% +8.0%
Institutions buying 828 1,080 1,356
Institutions selling 456 798 781
Buyers to sellers 1.82 1.35 1.74

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.

TEREMRASML
TER 1.00 0.52 0.71
EMR 0.52 1.00 0.52
ASML 0.71 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TER, EMR and ASML?

Asml Holding (ASML) is the largest by market capitalisation: Teradyne (TER) $48.36B, Emerson Electric (EMR) $90.47B, Asml Holding (ASML) $616.92B.

Which stock is cheaper, TER, EMR and ASML?

Emerson Electric (EMR) trades on the lowest price-to-earnings ratio (Teradyne (TER) 42.0x, Emerson Electric (EMR) 35.1x, Asml Holding (ASML) 56.4x). On next year's consensus earnings, Emerson Electric (EMR) is cheapest (Teradyne (TER) 31.9x, Emerson Electric (EMR) 24.0x, Asml Holding (ASML) 34.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Teradyne (TER) grew revenue fastest over the trailing twelve months: Teradyne (TER) +57.9%, Emerson Electric (EMR) +4.8%, Asml Holding (ASML) +22.9%.

Which company is more profitable?

Asml Holding (ASML) has the highest net margin (Teradyne (TER) 25.8%, Emerson Electric (EMR) 13.8%, Asml Holding (ASML) 29.1%). On return on invested capital, Teradyne (TER) leads (Teradyne (TER) 35.3%, Emerson Electric (EMR) 10.9%).

Which stock has performed better?

Over the past year Teradyne (TER) returned the most: Teradyne (TER) +112.9%, Emerson Electric (EMR) +21.3%, Asml Holding (ASML) +51.7%. Over five years, Teradyne (TER) compounded fastest (Teradyne (TER) +21.6%/yr, Emerson Electric (EMR) +10.8%/yr, Asml Holding (ASML) +14.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Teradyne (TER) 0.00%, Emerson Electric (EMR) 0.01%, Asml Holding (ASML) 0.00%. Teradyne (TER) and Asml Holding (ASML) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emerson Electric (EMR) has been the steadiest (Teradyne (TER) 78.6%, Emerson Electric (EMR) 31.7%, Asml Holding (ASML) 46.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TER, EMR and ASML?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Teradyne (TER) leads on 5. 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.