ASML vs QCOM: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
ASML Holding N.V. · Technology
$1,744.61
-0.7% upside to fair value
Med Conviction
Grade C
High Quality
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
ASML has more upside to fair value
(-0.7%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ASML |
QCOM |
| Current Price |
$1,744.61 |
$201.97 |
| Fair Value Estimate |
$1,732.49 |
$159.42 |
| Upside to Fair Value |
-0.7%
|
-21.1%
|
| Market Cap |
$672.4B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
42.0x
|
16.5x
|
| Price / Sales |
19.0x
|
4.8x
|
| Price / FCF |
67.2x
|
20.5x
|
| Revenue Growth YoY |
+21.3%
|
-4.0%
|
| Gross Margin |
52.7%
|
54.2%
|
| Operating Margin |
35.4%
|
23.2%
|
| Return on Equity |
52.4%
|
37.3%
|
| Dividend Yield |
0.51% |
1.79% |
| FCF Yield |
1.49%
|
4.88%
|
| Analyst Consensus |
Buy
|
Hold
|
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 …
Qualcomm develops foundational wireless technologies and monetizes them through two main engines: QCT, which supplies Snapdragon application processors and modems, and QTL, which licenses a standards-essential patent portfolio covering CDMA2000, WCDMA, LTE and 5G. The licensing arm and the company's entrenched position in premium Android handsets give it a genuinely high-quality business, evidenc…
Accumulation Zones
| Metric |
ASML |
QCOM |
| Zone Low |
$1,299.37 |
$119.56 |
| Zone High |
$1,472.62 |
$135.51 |
| In Buy Zone? |
No
|
No
|