ASM International NV
ASM: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cBK | LOCK|@h? | LOCK|RBX?F@>< |
ASM Is Broadening Market Share Gains in a Growing Market; Fair Value Estimate EUR 950
Business Strategy and Outlook
ASM International provides deposition wafer fab equipment. Despite lacking the product breadth and scale of peers like Applied Materials or Lam Research, ASM has carved out a strong position in atomic layer deposition, the fastest-growing, most advanced type of deposition, where it has more than 50% market share.
