ASML vs. DOCU: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ASML and DOCU, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ASML’s market capitalization of 312.40 billion USD is substantially larger than DOCU’s 15.97 billion USD, indicating a significant difference in their market valuations.
With betas of 1.22 for ASML and 1.13 for DOCU, both stocks show similar sensitivity to overall market movements.
ASML trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, DOCU is a standard domestic listing.
| Symbol | ASML | DOCU |
|---|---|---|
| Company Name | ASML Holding N.V. | DocuSign, Inc. |
| Country | NL | US |
| Sector | Technology | Technology |
| Industry | Semiconductors | Software - Application |
| CEO | Christophe D. Fouquet | Allan C. Thygesen |
| Price | 794.5 USD | 79.02 USD |
| Market Cap | 312.40 billion USD | 15.97 billion USD |
| Beta | 1.22 | 1.13 |
| Exchange | NASDAQ | NASDAQ |
| IPO Date | March 15, 1995 | April 27, 2018 |
| ADR | Yes | No |
Historical Performance
This chart compares the performance of ASML and DOCU by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ASML
52.08%
Semiconductors Industry
- Max
- 41.84%
- Q3
- 15.81%
- Median
- 6.31%
- Q1
- -5.54%
- Min
- -30.12%
ASML’s Return on Equity of 52.08% is exceptionally high, placing it well beyond the typical range for the Semiconductors industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
DOCU
55.53%
Software - Application Industry
- Max
- 59.01%
- Q3
- 17.85%
- Median
- 4.73%
- Q1
- -10.56%
- Min
- -52.94%
In the upper quartile for the Software - Application industry, DOCU’s Return on Equity of 55.53% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
ASML
30.91%
Semiconductors Industry
- Max
- 30.91%
- Q3
- 11.34%
- Median
- 4.08%
- Q1
- -2.17%
- Min
- -19.59%
In the upper quartile for the Semiconductors industry, ASML’s Return on Invested Capital of 30.91% signifies a highly effective use of its capital to generate profits when compared to its peers.
DOCU
41.37%
Software - Application Industry
- Max
- 35.07%
- Q3
- 9.72%
- Median
- 0.76%
- Q1
- -8.68%
- Min
- -34.12%
DOCU’s Return on Invested Capital of 41.37% is exceptionally high, placing it well beyond the typical range for the Software - Application industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
Net Profit Margin
ASML
28.33%
Semiconductors Industry
- Max
- 51.69%
- Q3
- 19.67%
- Median
- 8.56%
- Q1
- -5.44%
- Min
- -38.60%
A Net Profit Margin of 28.33% places ASML in the upper quartile for the Semiconductors industry, signifying strong profitability and more effective cost management than most of its peers.
DOCU
36.50%
Software - Application Industry
- Max
- 48.14%
- Q3
- 16.07%
- Median
- 1.83%
- Q1
- -9.60%
- Min
- -45.64%
A Net Profit Margin of 36.50% places DOCU in the upper quartile for the Software - Application industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ASML
33.76%
Semiconductors Industry
- Max
- 58.03%
- Q3
- 22.12%
- Median
- 8.40%
- Q1
- -3.73%
- Min
- -36.14%
An Operating Profit Margin of 33.76% places ASML in the upper quartile for the Semiconductors industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
DOCU
7.84%
Software - Application Industry
- Max
- 51.67%
- Q3
- 15.35%
- Median
- 1.79%
- Q1
- -12.42%
- Min
- -45.17%
DOCU’s Operating Profit Margin of 7.84% is around the midpoint for the Software - Application industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ASML | DOCU |
|---|---|---|
| Return on Equity (TTM) | 52.08% | 55.53% |
| Return on Assets (TTM) | 19.14% | 28.02% |
| Return on Invested Capital (TTM) | 30.91% | 41.37% |
| Net Profit Margin (TTM) | 28.33% | 36.50% |
| Operating Profit Margin (TTM) | 33.76% | 7.84% |
| Gross Profit Margin (TTM) | 52.01% | 79.23% |
Financial Strength
Current Ratio
ASML
1.52
Semiconductors Industry
- Max
- 9.10
- Q3
- 5.23
- Median
- 3.09
- Q1
- 2.49
- Min
- 1.02
ASML’s Current Ratio of 1.52 falls into the lower quartile for the Semiconductors industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
DOCU
0.79
Software - Application Industry
- Max
- 5.09
- Q3
- 2.84
- Median
- 1.70
- Q1
- 1.12
- Min
- 0.04
DOCU’s Current Ratio of 0.79 falls into the lower quartile for the Software - Application industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
ASML
0.21
Semiconductors Industry
- Max
- 0.97
- Q3
- 0.46
- Median
- 0.21
- Q1
- 0.05
- Min
- 0.00
ASML’s Debt-to-Equity Ratio of 0.21 is typical for the Semiconductors industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
DOCU
0.07
Software - Application Industry
- Max
- 1.85
- Q3
- 0.77
- Median
- 0.18
- Q1
- 0.05
- Min
- 0.00
DOCU’s Debt-to-Equity Ratio of 0.07 is typical for the Software - Application industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ASML
--
Semiconductors Industry
- Max
- 36.25
- Q3
- 29.12
- Median
- 7.01
- Q1
- -1.22
- Min
- -18.18
Interest Coverage Ratio data for ASML is currently unavailable.
DOCU
126.09
Software - Application Industry
- Max
- 39.23
- Q3
- 8.55
- Median
- 1.48
- Q1
- -14.59
- Min
- -39.97
With an Interest Coverage Ratio of 126.09, DOCU demonstrates a superior capacity to service its debt, placing it well above the typical range for the Software - Application industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | ASML | DOCU |
|---|---|---|
| Current Ratio (TTM) | 1.52 | 0.79 |
| Quick Ratio (TTM) | 0.91 | 0.79 |
| Debt-to-Equity Ratio (TTM) | 0.21 | 0.07 |
| Debt-to-Asset Ratio (TTM) | 0.08 | 0.03 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.47 | -1.31 |
| Interest Coverage Ratio (TTM) | -- | 126.09 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ASML and DOCU. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ASML
0.85%
Semiconductors Industry
- Max
- 6.48%
- Q3
- 0.93%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ASML’s Dividend Yield of 0.85% is consistent with its peers in the Semiconductors industry, providing a dividend return that is standard for its sector.
DOCU
0.00%
Software - Application Industry
- Max
- 3.66%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DOCU currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ASML
28.49%
Semiconductors Industry
- Max
- 204.29%
- Q3
- 31.85%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ASML’s Dividend Payout Ratio of 28.49% is within the typical range for the Semiconductors industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
DOCU
0.00%
Software - Application Industry
- Max
- 81.09%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
DOCU has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ASML | DOCU |
|---|---|---|
| Dividend Yield (TTM) | 0.85% | 0.00% |
| Dividend Payout Ratio (TTM) | 28.49% | 0.00% |
Valuation
Price-to-Earnings Ratio
ASML
29.72
Semiconductors Industry
- Max
- 86.15
- Q3
- 47.38
- Median
- 27.87
- Q1
- 18.89
- Min
- 4.73
ASML’s P/E Ratio of 29.72 is within the middle range for the Semiconductors industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
DOCU
14.52
Software - Application Industry
- Max
- 194.31
- Q3
- 98.56
- Median
- 51.87
- Q1
- 22.76
- Min
- 1.02
In the lower quartile for the Software - Application industry, DOCU’s P/E Ratio of 14.52 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Forward P/E to Growth Ratio
ASML
1.90
Semiconductors Industry
- Max
- 4.73
- Q3
- 2.80
- Median
- 1.11
- Q1
- 0.68
- Min
- 0.01
The Forward PEG Ratio is often not a primary valuation metric in the Semiconductors industry.
DOCU
1.31
Software - Application Industry
- Max
- 15.44
- Q3
- 6.57
- Median
- 2.78
- Q1
- 0.55
- Min
- 0.00
DOCU’s Forward PEG Ratio of 1.31 is within the middle range of its peers in the Software - Application industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
Price-to-Sales Ratio
ASML
8.44
Semiconductors Industry
- Max
- 21.96
- Q3
- 10.21
- Median
- 4.45
- Q1
- 2.32
- Min
- 0.48
ASML’s P/S Ratio of 8.44 aligns with the market consensus for the Semiconductors industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
DOCU
5.27
Software - Application Industry
- Max
- 23.49
- Q3
- 11.14
- Median
- 5.62
- Q1
- 2.84
- Min
- 0.33
DOCU’s P/S Ratio of 5.27 aligns with the market consensus for the Software - Application industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ASML
14.78
Semiconductors Industry
- Max
- 13.12
- Q3
- 6.49
- Median
- 3.31
- Q1
- 1.74
- Min
- 0.23
At 14.78, ASML’s P/B Ratio is at an extreme premium to the Semiconductors industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
DOCU
7.97
Software - Application Industry
- Max
- 21.03
- Q3
- 10.49
- Median
- 6.36
- Q1
- 2.89
- Min
- 0.12
The P/B Ratio is often not a primary valuation metric for the Software - Application industry.
Valuation at a Glance
| Symbol | ASML | DOCU |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 29.72 | 14.52 |
| Forward PEG Ratio (TTM) | 1.90 | 1.31 |
| Price-to-Sales Ratio (P/S, TTM) | 8.44 | 5.27 |
| Price-to-Book Ratio (P/B, TTM) | 14.78 | 7.97 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 27.93 | 17.43 |
| EV-to-EBITDA (TTM) | 22.09 | 38.58 |
| EV-to-Sales (TTM) | 8.27 | 5.10 |