- ASM International’s second-quarter orders were €702.5 million, missing the estimate of €836.9 million.
- Gross margin was 51.8%, exceeding the estimate of 49.6%.
- Gross profit stood at €433.2 million, above the expected €408.9 million.
- Operating margin came in at 30.9%, surpassing the forecasted 27.2%.
- Operating profit reached €258.5 million, beating the estimate of €225.7 million.
- Revenue was €835.6 million, narrowly above the estimated €832.2 million.
- Net income was €202.4 million, higher than the estimated €192 million.
- Backlog was reported at €1.29 billion, falling short of the €1.52 billion estimate.
- The company expects the full-year 2025 gross margin to remain in the upper half of their target range (46%-50%).
- Memory contribution is expected to drop to less than 20% of equipment sales in 2025 from 25% in 2024.
- ASM anticipates Q3 2025 revenue to be flat or slightly lower within a range of 0% to -5% at constant currencies compared to Q2 2025.
- For 2025, the company forecasts revenue growth around the midpoint of the guidance range of +10% to +20% at constant currencies.
- Year-on-year increase was driven by the logic/foundry segment and sustained growth in the spares & services business.
- The gross margin, while down from 53.4%, remained strong at 51.8% due to product and customer mix, operational efficiency, and better-than-expected China sales.
- Bookings in Q2 2025 amounted to €702 million, down 10% compared to Q1 at constant currencies, primarily due to lower advanced logic/foundry bookings.
- The company is implementing various scenarios to mitigate potential financial impacts.
- Analyst recommendations include 17 buys, 4 holds, and 1 sell.
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A look at Asm International Nv Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ASM International N.V., a company specializing in semiconductor production machinery, shows a mixed outlook based on Smartkarma Smart Scores. While the company scores moderately for its value and dividend factors at level 2, it demonstrates stronger potential in terms of growth with a score of 3. This suggests that ASM International N.V. may have promising prospects for expanding its operations in the long term.
Moreover, the company excels in resilience and momentum, scoring 5 and 4 respectively. This indicates a high level of stability and the potential for sustained positive performance. With a solid foundation in the development, manufacturing, and servicing of semiconductor production equipment, ASM International N.V. appears well-positioned to navigate challenges and capitalize on opportunities in the semiconductor industry, particularly in regions like Europe, the United States, Japan, and Asia.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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