ASML vs. TSEM: ASML vs. Tower Semiconductor Stock Comparison

November 11, 2026

How do ASML (ASML) and Tower Semiconductor (TSEM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

ASML (ASML) and Tower Semiconductor (TSEM) both belong to the Semiconductors & Semiconductor Equipment industry, though ASML is classified under Semiconductor Materials & Equipment while TSEM falls under Semiconductors.

Tower Semiconductor (TSEM) trades as ordinary local shares, while ASML (ASML) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for ASML (ASML) and Tower Semiconductor (TSEM)
Profile Item	ASML	TSEM
Name	ASML Holding N.V. NY Registered Shares	Tower Semiconductor Ltd.
Country/Region	Netherlands	Israel
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductor Materials & Equipment	Semiconductors
Market Capitalization	549.12 billion USD	15.59 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 15, 1995	October 26, 1994
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

ASML

TSEM

GSPC

ASML (ASML) vs. Tower Semiconductor (TSEM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for ASML (ASML) and Tower Semiconductor (TSEM). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for ASML (ASML) and Tower Semiconductor (TSEM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Total Return (1Y)	50.12%	78.71%
Total Return (3Y, Annualized)	34.80%	83.79%
Total Return (5Y, Annualized)	13.32%	32.56%

Risk Profile

Drawdown History

ASML

TSEM

GSPC

ASML (ASML) vs. Tower Semiconductor (TSEM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for ASML (ASML) and Tower Semiconductor (TSEM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Volatility (1Y, Annualized)	48.80%	84.90%
Beta (5Y)	1.80	0.99
Max Drawdown (5Y)	-56.47%	-58.66%
Avg. Volume (3M)	1.42M	2.22M

Risk-Adjusted Performance

Risk-Return Positioning

ASML and TSEM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Sharpe Ratio (1Y)	0.94	0.88
Sortino Ratio (1Y)	1.39	1.32

Profitability

ROE (TTM)

ASML (ASML) at 65.64% clears its industry range for ROE, a sharper capital-efficiency signal than Tower Semiconductor (TSEM) at 11.86%, which is closer to a typical peer reading.

ASML

Semiconductors & Semiconductor Equipment industry group

65.64%

ASML: 65.64%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

TSEM

Semiconductors & Semiconductor Equipment industry group

11.86%

Max: 52.82%
Q3: 22.26%
TSEM: 11.86%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

ASML (ASML) at 34.14% retains a top-quartile share of revenue as profit, ahead of Tower Semiconductor (TSEM) at 19.36%, which keeps about the industry-typical share.

ASML

Semiconductors & Semiconductor Equipment industry group

34.14%

Max: 63.80%
ASML: 34.14%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

TSEM

Semiconductors & Semiconductor Equipment industry group

19.36%

Max: 63.80%
Q3: 28.36%
TSEM: 19.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

ASML (ASML) at 44.36% operates in the top operating margin quartile, ahead of Tower Semiconductor (TSEM) at 24.16%, which runs around its industry’s norm.

ASML

Semiconductors & Semiconductor Equipment industry group

44.36%

Max: 58.66%
ASML: 44.36%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

TSEM

Semiconductors & Semiconductor Equipment industry group

24.16%

Max: 58.66%
Q3: 30.23%
TSEM: 24.16%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
ROE (TTM)	65.64%	11.86%
ROA (TTM)	18.28%	6.07%
Net Margin (TTM)	34.14%	19.36%
Operating Margin (TTM)	44.36%	24.16%
Gross Margin (TTM)	54.34%	29.62%

Growth

Revenue Growth

Both ASML (ASML) at 15.58% and Tower Semiconductor (TSEM) at 9.05% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ASML (ASML) at 28.43% and Tower Semiconductor (TSEM) at 4.86% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Revenue Growth (YoY)	15.58%	9.05%
Revenue Growth (3Y CAGR)	15.55%	-2.27%
EPS Growth (YoY)	28.43%	4.86%
EPS Growth (3Y CAGR)	15.42%	-6.72%

Financial Strength

Current Ratio (MRQ)

Tower Semiconductor (TSEM) at 3.72 keeps current ratio within its industry’s typical mid-range, while ASML (ASML) at 1.49 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ASML.

ASML

Semiconductors & Semiconductor Equipment industry group

1.49

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
ASML: 1.49
Min: 1.03

TSEM

Semiconductors & Semiconductor Equipment industry group

3.72

Max: 10.33
Q3: 5.62
TSEM: 3.72
Median: 3.33
Q1: 2.35
Min: 1.03

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both ASML (ASML) at 0.09 and Tower Semiconductor (TSEM) at 0.05 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ASML

Semiconductors & Semiconductor Equipment industry group

0.09

Max: 1.46
Q3: 0.65
Median: 0.27
ASML: 0.09
Q1: 0.04
Min: 0.00

TSEM

Semiconductors & Semiconductor Equipment industry group

0.05

Max: 1.46
Q3: 0.65
Median: 0.27
TSEM: 0.05
Q1: 0.04
Min: 0.00

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Current Ratio (MRQ)	1.49	3.72
Debt / Equity (MRQ)	0.09	0.05
Net Debt / EBITDA	-0.67	-1.92

Dividends

Dividend Yield (TTM)

Tower Semiconductor (TSEM) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASML (ASML) reports a yield of 0.55%, ranking against industry peers normally.

ASML

Semiconductors & Semiconductor Equipment industry group

0.55%

Max: 1.37%
Q3: 0.65%
ASML: 0.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSEM

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
TSEM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Tower Semiconductor (TSEM) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASML (ASML) reports a payout of 22.26%, ranking against industry peers normally.

ASML

Semiconductors & Semiconductor Equipment industry group

22.26%

Max: 49.64%
ASML: 22.26%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSEM

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
TSEM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
Dividend Yield (TTM)	0.55%	0.00%
Dividend Payout Ratio (TTM)	22.26%	0.00%

Valuation

P/E Ratio (TTM)

Both ASML (ASML) at 35.06 and Tower Semiconductor (TSEM) at 44.16 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ASML

Semiconductors & Semiconductor Equipment industry group

35.06

Max: 110.34
Q3: 66.81
Median: 37.02
ASML: 35.06
Q1: 23.96
Min: 8.12

TSEM

Semiconductors & Semiconductor Equipment industry group

44.16

Max: 110.34
Q3: 66.81
TSEM: 44.16
Median: 37.02
Q1: 23.96
Min: 8.12

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Tower Semiconductor (TSEM) at 8.47 is priced about in line with its industry on P/S ratio, while ASML (ASML) at 13.91 sits in the pricier quartile — ASML costs more per dollar of sales.

ASML

Semiconductors & Semiconductor Equipment industry group

13.91

Max: 21.42
ASML: 13.91
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

TSEM

Semiconductors & Semiconductor Equipment industry group

8.47

Max: 21.42
Q3: 12.27
TSEM: 8.47
Median: 5.76
Q1: 2.73
Min: 0.00

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Tower Semiconductor (TSEM) at 4.85 sits near its industry’s typical P/B ratio, while ASML (ASML) at 1,223.36 prices above its benchmark range — ASML looks rich relative to book.

ASML

Semiconductors & Semiconductor Equipment industry group

1,223.36

ASML: 1,223.36
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

TSEM

Semiconductors & Semiconductor Equipment industry group

4.85

Max: 14.06
Q3: 7.44
TSEM: 4.85
Median: 4.29
Q1: 2.30
Min: 0.20

ASML (ASML) vs. Tower Semiconductor (TSEM): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for ASML (ASML) and Tower Semiconductor (TSEM)
Metric	ASML	TSEM
P/E Ratio (TTM)	35.06	44.16
P/S Ratio (TTM)	13.91	8.47
P/B Ratio (MRQ)	1,223.36	4.85
Free Cash Flow Yield (TTM)	1.89%	1.59%