ASML vs ETN: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and Eaton Corporation plc — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
ASML Holding N.V. · Technology
$1,775.64
+45.0% upside to fair value
Grade B
High Quality
VS
Eaton Corporation plc · Industrials
$447.28
-9.5% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
ASML has more upside to fair value
(+45.0%).
ETN trades at a lower forward P/E
(33.2x).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ASML |
ETN |
| Current Price |
$1,775.64 |
$447.28 |
| Fair Value Estimate |
$2,574.68 |
$405.00 |
| Upside to Fair Value |
+45.0%
|
-9.5%
|
| Market Cap |
$684.4B |
$173.7B |
| Forward P/E |
62.1x
|
33.2x
|
| EV / EBITDA |
47.1x
|
30.0x
|
| Price / Sales |
18.4x
|
5.8x
|
| Price / FCF |
69.1x
|
38.6x
|
| Revenue Growth YoY |
+13.2%
|
+21.0%
|
| Gross Margin |
52.6%
|
35.9%
|
| Operating Margin |
34.8%
|
17.7%
|
| Return on Equity |
52.0%
|
18.9%
|
| Dividend Yield |
0% |
0.98% |
| FCF Yield |
1.45%
|
2.59%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
ASML Holding N.V. is a leading semiconductor equipment manufacturer specializing in photolithography systems critical for chip production. The company exhibits high business quality with a durable competitive moat supported by advanced technology and strong market position, reflected in a 52% return on equity and robust margins including a 52.6% gross margin and 29.7% net margin. Despite strong r…
Eaton is a 115-year-old power management company whose Electrical Americas, Electrical Global and Aerospace segments have become a core beneficiary of the same AI data-center, grid modernization and reshoring supercycle driving GE Vernova and Vertiv. Q2 2026 results were record-setting: revenue of $8.5 billion (up 21% year over year, 14% organic), adjusted EPS of $3.15, and segment margins of 23.…
Accumulation Zones
| Metric |
ASML |
ETN |
| Zone Low |
$1,931.01 |
$305.00 |
| Zone High |
$2,188.48 |
$345.00 |
| In Buy Zone? |
Yes
|
No
|