ASML (ASML Holding NV) Moat Score : 9/10 (As of Jul. 03, 2025)

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What is ASML Holding NV Moat Score?

ASML Holding NV has the Moat Score of 9, which implies that the company might have Wide Moat - Clear and robust wide moat.

ASML Holding NV has Wide Moat: ASML Holding NV dominates the lithography market with proprietary EUV technology, creating high switching costs and significant barriers to entry. Its strong brand, extensive patent portfolio, and consistent innovation provide robust pricing power and a durable competitive advantage.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes ASML Holding NV might have Wide Moat - Clear and robust wide moat.

Competitive Comparison of ASML Holding NV's Moat Score

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ASML Holding NV's Moat Score Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASML Holding NV's Moat Score distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's Moat Score falls into.

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ASML Holding NV (NAS:ASML) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score	Moat Level
10	Wide Moat - Exceptionally dominant and durable wide moat
8 - 9	Wide Moat - Clear and robust wide moat
7	Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6	Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5	Narrow Moat - Solid narrow moat
4	Narrow Moat - Discernible but modest moat
1 - 3	No Moat - Very weak/transient advantages
0	No Moat - No discernible moat

ASML Holding NV Moat Score Related Terms

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ASML Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASML Holding NV (NAS:ASML) » Definitions » Moat Score

Comparable Companies

Address

De Run 6501, Veldhoven, NB, NLD, 5504 DR

Website

https://www.asml.com

ASML is the leader in photolithography systems used in manufacturing semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.