ASML — ASML Holding N.V.

Monopoly supplier of EUV lithography systems and a leading supplier of DUV (ArF immersion) systems; DUV systems are the relevant tool for niobium patterning in Josephson junction fabrication. EUV is NOT used for JJ patterning (feature sizes ~100-500nm do not require EUV). Quantum is a rounding error of ASML revenue.

Coiled

52w range compression, breakout-adjusted

Watched

100

7-day news volume + tape quietness

Sound

Margins, growth, FCF composite

Critical

100

Supply-chain concentration × demand

Pressure

Pricing Power

50.7%

Filling fast

Numbers on the wire.

Market cap

$579.9B

P/E (TTM)

55.66

P/S (TTM)

16.41

EV / EBITDA

57.93

Gross margin

50.71%

Op margin

34.82%

Net margin

29.49%

FCF margin

—

Rev growth YoY

9.84%

EPS growth YoY

3.58%

ROE

41.52%

ROA

18.89%

Debt / Equity

0.14

Current ratio

1.30

Price / Book

24.07

Beta

2.29

ASML's DUV tools (ArF immersion) are used in superconducting qubit fabs for JJ patterning; e-beam lithography is used for finer features. EUV is not applicable to JJ fab at current feature sizes. Quantum fab volumes are immaterial to ASML near-term revenue but position ASML as an upstream beneficiary if superconducting qubit fab scales to foundry volumes. ASML Nasdaq listing (ticker: ASML) is liquid. Risk: quantum fab volumes are tiny; ASML is owned for AI/logic semiconductor demand.

ASML — ASML Holding N.V.

Numbers on the wire.

From the tape.