ASML vs CVX: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Chevron Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-01.
ASML Holding N.V. · Technology
$1,458.97
+45.0% upside to fair value
Grade B
High Quality
VS
Chevron Corporation · Energy
$193.33
-18.2% upside to fair value
Grade D
QuantHub Verdict
ASML has more upside to fair value
(+45.0%).
CVX trades at a lower forward P/E
(31.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
CVX |
| Current Price |
$1,458.97 |
$193.33 |
| Fair Value Estimate |
$2,115.51 |
$158.09 |
| Upside to Fair Value |
+45.0%
|
-18.2%
|
| Market Cap |
$562.3B |
$385.8B |
| Forward P/E |
48.3x
|
31.3x
|
| EV / EBITDA |
37.6x
|
10.3x
|
| Price / Sales |
14.4x
|
2.1x
|
| Price / FCF |
54.4x
|
23.8x
|
| Revenue Growth YoY |
+13.2%
|
-5.3%
|
| Gross Margin |
52.6%
|
30.4%
|
| Operating Margin |
34.8%
|
9.0%
|
| Return on Equity |
52.0%
|
7.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
1.84%
|
4.19%
|
| Analyst Consensus |
Strong Buy
|
Strong 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…
Chevron Corporation operates as a leading integrated oil and gas company with significant upstream and downstream operations. The company benefits from experienced leadership under CEO Mike Wirth, who has over 44 years with Chevron, and maintains a strong market position as the second largest Big Oil major by market cap and net profits. However, Chevron currently trades at a very expensive valuat…
Accumulation Zones
| Metric |
ASML |
CVX |
| Zone Low |
$1,586.63 |
$118.57 |
| Zone High |
$1,798.18 |
$134.38 |
| In Buy Zone? |
Yes
|
No
|