ASML vs SLB: Which Is the Better Buy?
Side-by-side comparison of ASML Holding N.V. and SLB N.V. — 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
SLB N.V. · Energy
$51.92
-20.2% upside to fair value
Med Conviction
Grade C+
QuantHub Verdict
ASML has more upside to fair value
(+65.1%).
SLB trades at a lower forward P/E
(18.6x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ASML |
SLB |
| Current Price |
$1,458.97 |
$51.92 |
| Fair Value Estimate |
$2,408.73 |
$41.43 |
| Upside to Fair Value |
+65.1%
|
-20.2%
|
| Market Cap |
$562.3B |
$77.9B |
| Forward P/E |
48.3x
|
18.6x
|
| EV / EBITDA |
37.6x
|
9.2x
|
| Price / Sales |
14.4x
|
2.2x
|
| Price / FCF |
54.4x
|
16.1x
|
| Revenue Growth YoY |
+13.2%
|
-1.6%
|
| Gross Margin |
52.6%
|
18.21%
|
| Operating Margin |
34.8%
|
15.28%
|
| Return on Equity |
52.0%
|
12.83%
|
| Dividend Yield |
0% |
2.21% |
| FCF Yield |
1.84%
|
6.21%
|
| 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…
SLB is the world's largest oilfield services company with $35.7B in FY2025 revenue, operating across four divisions: Digital and Integration, Reservoir Performance, Well Construction, and Production Systems. The company completed the ChampionX acquisition in 2025 and is pursuing a digital transformation and AI-driven strategy. At $51.92, SLB trades at 2.18x P/S (in the fair range of the 5-year di…
Accumulation Zones
| Metric |
ASML |
SLB |
| Zone Low |
$1,806.55 |
$34.00 |
| Zone High |
$2,047.42 |
$39.00 |
| In Buy Zone? |
Yes
|
No
|