ASML vs CVX: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Chevron Corporation β fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-24.
ASML Holding N.V. Β· Technology
$1,744.61
-0.7% upside to fair value
Med Conviction
Grade C
High Quality
VS
Chevron Corporation Β· Energy
$205.52
+35.9% upside to fair value
Med Conviction
Grade B
High Quality
QuantHub Verdict
CVX has more upside to fair value
(+35.9%).
These are model outputs β not personalized investment advice.
See all research β
Valuation & Fundamentals
| Metric |
ASML |
CVX |
| Current Price |
$1,744.61 |
$205.52 |
| Fair Value Estimate |
$1,732.49 |
$279.29 |
| Upside to Fair Value |
-0.7%
|
+35.9%
|
| Market Cap |
$672.4B |
$409.3B |
| Forward P/E |
β
|
β
|
| EV / EBITDA |
42.0x
|
7.8x
|
| Price / Sales |
19.0x
|
2.0x
|
| Price / FCF |
67.2x
|
15.0x
|
| Revenue Growth YoY |
+21.3%
|
+51.4%
|
| Gross Margin |
52.7%
|
31.0%
|
| Operating Margin |
35.4%
|
15.8%
|
| Return on Equity |
52.4%
|
11.0%
|
| Dividend Yield |
0.51% |
3.43% |
| FCF Yield |
1.49%
|
6.67%
|
| Analyst Consensus |
Buy
|
Buy
|
Investment Thesis
ASML Holding N.V. is the Dutch semiconductor equipment maker that supplies lithography, metrology, and inspection systems, including the extreme ultraviolet (EUV) machines required to pattern the most advanced logic and memory chips, and it holds what current coverage describes as a near-monopoly on those EUV tools. The business quality is genuinely high: TTM gross margin of 52.7%, TTM operating β¦
Chevron is a global integrated oil and gas major organized into Upstream and Downstream segments, spanning crude oil and natural gas exploration, LNG processing and transport, refining, petrochemicals, and lubricants, with 43,039 full-time employees and a market capitalization of $409.31 billion at a current price of $205.52. The business quality is high: it generates $13.71 of free cash flow perβ¦
Accumulation Zones
| Metric |
ASML |
CVX |
| Zone Low |
$1,299.37 |
$209.47 |
| Zone High |
$1,472.62 |
$237.40 |
| In Buy Zone? |
No
|
Yes
|