EBITDAEarnings Before Interest, Taxes, Depreciation, and Amortization — a measure of operating profitability before financing and accounting decisions. EV/EBITDA compares a company's full value (including debt) to this figure, often used to compare companies with different capital structures.
5yr EBITDA growth 21.9%
PEG ratioPrice/Earnings-to-Growth: the P/E ratio divided by expected earnings growth. Below 1.0 is often read as cheap relative to growth; above suggests the market is pricing in a lot of future growth already. Different providers use different growth-rate assumptions, so figures vary by source.
2.69
Capex
$1.80B (TTM)
Fundamentals sourced as cited below; figures vary slightly by provider and reporting date, consistent with real-world data variance across sources. EBITDA, PEG ratio, and capex sourced from public filings and financial-data aggregators (GuruFocus, StockAnalysis, company earnings releases). PEG ratio is sourced primarily from GuruFocus where available; different providers calculate PEG using different growth-rate assumptions (trailing vs. forward, 1-year vs. 5-year), so figures from other sources for the same stock can vary by several multiples — a known limitation of PEG as a metric, not unique to any name here.
Why it's on the list
ASML is the sole global supplier of extreme ultraviolet (EUV) lithography machines — the equipment TSMC and every other leading-edge foundry needs to make the chips this entire book is exposed to. It's arguably a more defensible monopoly than any single chip designer, since there's no second source.
Why it's not in the book yet
European listing/ADR structure and a very high absolute share price make position sizing less intuitive for an account this size, and I haven't yet done the work to compare its valuation properly against the U.S.-listed names I already understand better.
What would move me to buy
Doing the valuation homework properly rather than avoiding it because the ticker is unfamiliar — that's a process gap on my end, not a real reason to stay away.
Sources: investing.com, Yahoo Finance, stockanalysis.com, SEC Form 6-K filings (as of July 11, 2026). This is a watchlist entry, not a position — see Watchlist for the full list and Investment Policy Statement for what it takes for a name to become a real position. Not investment advice.