How this ASML vs AVGO comparison is calculated

All metrics are based on trailing twelve months (TTM) financial data, consensus analyst estimates, and standardized valuation ratios. Data is sourced from Financial Modeling Prep and SEC EDGAR. Figures are normalized to ensure a fair comparison between ASML Holding N.V. and Broadcom Inc.. Analyst price targets and ratings are aggregated from Wall Street consensus as of 2026-05-19.

Quick verdict: ASML Holding N.V. vs Broadcom Inc. in 2026

Broadcom Inc. emerges as the stronger growth contender, boasting superior revenue expansion and robust operational margins, while ASML Holding N.V. presents a more attractive relative valuation based on current earnings multiples. Both semiconductor giants receive “Buy” consensus ratings from analysts, yet ASML offers a higher projected price target upside. Broadcom Inc., however, garners a significantly higher percentage of “Buy” recommendations from Wall Street. Not investment advice.

ASML Holding N.V. vs Broadcom Inc.: key metrics side by side

A full side-by-side look at ASML Holding N.V. (ASML) and Broadcom Inc. (AVGO) across earnings multiples, profitability, revenue momentum, and analyst sentiment — data updated 2026-05-19.

Relative valuation: ASML vs AVGO

ASML Holding N.V. currently trades at a price-to-earnings multiple of 48.08x, a figure that is notably lower than Broadcom Inc.’s more elevated earnings multiple of 78.06x. This considerable price-to-earnings gap suggests that ASML may offer a more attractive entry point for investors primarily focused on traditional valuation metrics and seeking a fundamental discount. Examining the price-to-book metric, ASML also holds a slight edge with a multiple of 23.11x compared to AVGO’s 24.41x, further reinforcing ASML Holding N.V.’s somewhat more favorable relative valuation.

While a discounted cash flow (DCF) model provides an intrinsic value assessment that indicates both companies are currently trading at substantial premiums to their calculated fair values, Broadcom Inc.’s DCF estimate of $197.01 suggests a -52.1% discount from its current price, which is less severe than ASML’s estimated $350.87, representing a steeper -75.9% discount. Based on current consensus data, this implies that while both are considered significantly overvalued by this specific model, Broadcom Inc. stock is less disconnected from its fundamental value according to this DCF calculation. Nevertheless, for investors prioritizing lower earnings multiples and a more appealing fundamental valuation, ASML appears to carry a more compelling case.

Revenue momentum: ASML Holding N.V. vs Broadcom Inc.

Broadcom Inc. demonstrates a significantly more vigorous topline expansion, reporting an impressive revenue growth of +23.9% year-over-year. This compares favorably to ASML Holding N.V.’s solid, yet comparatively lower, revenue momentum of +15.6% over the same period. The clear disparity in revenue trajectory highlights Broadcom Inc.’s robust ability to scale operations and capture market share more aggressively based on its recent performance, signaling a stronger current growth rate in a dynamic technology landscape.

Beyond sheer sales figures, Broadcom Inc. also exhibits superior operational efficiency, reflected in its formidable EBITDA margin of 57.0%. ASML, while a highly profitable company vital to the semiconductor ecosystem, shows an EBITDA margin of 37.99%. This substantial gap in EBITDA performance indicates AVGO’s greater effectiveness in converting its substantial revenue into pre-tax profit from its core operations. This robust profitability at the operational level, coupled with stronger revenue growth, paints a clear picture of Broadcom Inc. as the entity with a more powerful growth trajectory based on current data; however, this gap may not persist if market conditions or strategic initiatives shift for either company, necessitating continuous monitoring.

Profitability and cash generation: ASML vs AVGO

When assessing bottom-line performance, Broadcom Inc. maintains a higher net profit margin of 36.57%, noticeably outperforming ASML Holding N.V.’s healthy 29.71%. This indicates that AVGO is more efficient at turning its considerable revenue into net income available for shareholders. Such a substantial difference in net margin highlights Broadcom Inc.’s robust control over its cost structure, strong pricing power within its diversified market segments, and overall superior profitability from its sales.

However, when considering free cash flow generation relative to market capitalization, ASML stock shows a slight but important advantage with a free cash flow yield of 1.86%, marginally higher than Broadcom Inc.’s 1.49%. This higher cash conversion efficiency for ASML Holding N.V. suggests that it generates slightly more liquid cash per dollar of market value, which can be particularly attractive for investors focused on a company’s ability to self-fund growth, reduce debt, or return capital to shareholders. Unfortunately, a direct comparison of Return on Equity (ROE) is not available for either firm at this time, precluding a comprehensive assessment of how effectively each company utilizes shareholder capital to generate profits.

Wall Street view: ASML Holding N.V. vs Broadcom Inc. analyst ratings

Wall Street analysts appear to have a strong and broad preference for Broadcom Inc., with a remarkable 89.7% of covering analysts issuing a “Buy” rating for AVGO. This high percentage of endorsements for Broadcom Inc. far surpasses the 57.8% “Buy” rating consensus for ASML Holding N.V., indicating a more widespread positive sentiment. The sheer volume of optimistic recommendations towards Broadcom Inc. underscores its strong market positioning and perceived future potential among institutional experts.

Despite Broadcom Inc.’s higher overall analyst endorsement rate, ASML Holding N.V. offers a more considerable potential upside to its consensus price target. Analysts project ASML stock could reach $1694, representing a +16.6% increase from its current price of $1453.415. In contrast, Broadcom Inc.’s consensus target of $457.84 suggests a more modest +11.4% upside from its $411.06 current price. Therefore, while more analysts recommend AVGO, those who cover ASML foresee a greater potential appreciation in its stock price based on their models and projections; these targets may vary depending on future estimate revisions, company performance, and broader market conditions.

Which investor profile fits ASML vs AVGO?

For a growth-oriented investor, Broadcom Inc. (AVGO) appears to present a more compelling profile. Its superior revenue growth of +23.9% year-over-year significantly outpaces ASML Holding N.V.’s +15.6% topline expansion, indicating stronger market penetration and business momentum. Furthermore, AVGO’s considerably higher EBITDA margin of 57.0% compared to ASML’s 37.99% points to a more efficient growth engine capable of converting rapidly expanding sales into higher operational profits. This combination of strong revenue momentum and impressive margin performance makes Broadcom Inc. potentially more attractive for those seeking robust growth and market expansion within the technology sector.

Conversely, a value investor might find ASML Holding N.V. (ASML) to be the more appealing option, at least from a multiples perspective. With a price-to-earnings multiple of 48.08x and a price-to-book ratio of 23.11x, ASML stock trades at lower valuation multiples than Broadcom Inc., which carries a P/E of 78.06x and a P/B of 24.41x. Although the discounted cash flow model suggests both are significantly overvalued (ASML indicating a -75.9% discount and AVGO a -52.1% discount), ASML’s relatively lower earnings multiples could indicate a comparatively better entry point for investors focused on traditional valuation frameworks and seeking a less extended fundamental valuation.

When it comes to income investing, neither ASML Holding N.V. nor Broadcom Inc. stands out as a primary candidate. Both companies offer a negligible dividend yield of 0.01%, indicating that they prioritize reinvesting their substantial earnings back into the business for future growth and innovation rather than distributing them as significant dividends to shareholders. Therefore, investors seeking a substantial and consistent income stream from their portfolio would likely need to look elsewhere than these two leading technology giants. This is not investment advice. Always do your own research.

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