ASML vs CAT: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Caterpillar Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
ASML Holding N.V. · Technology
$1,458.97
+65.1% upside to fair value
Grade B
High Quality
VS
Caterpillar Inc. · Industrials
$794.65
+30.6% upside to fair value
Grade C
High Quality
QuantHub Verdict
ASML has more upside to fair value
(+65.1%).
CAT trades at a lower forward P/E
(41.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
CAT |
| Current Price |
$1,458.97 |
$794.65 |
| Fair Value Estimate |
$2,408.73 |
$1,037.56 |
| Upside to Fair Value |
+65.1%
|
+30.6%
|
| Market Cap |
$562.3B |
$371.9B |
| Forward P/E |
48.3x
|
41.8x
|
| EV / EBITDA |
37.6x
|
27.3x
|
| Price / Sales |
14.4x
|
5.5x
|
| Price / FCF |
54.4x
|
36.2x
|
| Revenue Growth YoY |
+13.2%
|
+18.0%
|
| Gross Margin |
52.6%
|
32.3%
|
| Operating Margin |
34.8%
|
16.6%
|
| Return on Equity |
52.0%
|
45.1%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.84%
|
2.76%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
ASML Holding N.V. is a leading technology company specializing in semiconductor manufacturing equipment, particularly extreme ultraviolet lithography machines which hold a near-monopoly position. The company benefits from a durable competitive moat driven by its technological leadership, high barriers to entry, and strong demand from semiconductor manufacturers globally, especially in China. Desp…
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, with a diversified revenue base across Energy and Transportation, Construction Industries, Resource Industries, and Financial Products. The company benefits from a durable competitive moat driven by its extensive global operations, strong brand, and operational excellence. Despite strong revenue growth of 1…
Accumulation Zones
| Metric |
ASML |
CAT |
| Zone Low |
$1,806.55 |
$778.17 |
| Zone High |
$2,047.42 |
$881.93 |
| In Buy Zone? |
Yes
|
Yes
|