ASML vs Qualcomm (ASML.AS vs QCOM)
ASML (ASML.AS) vs Qualcomm (QCOM) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
ASML (ASML.AS) and Qualcomm (QCOM) compete in semiconductors. Here are ASML and Qualcomm side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy ASML or Qualcomm.
ASML vs Qualcomm: the figures
| Figure | ASML | Qualcomm |
|---|---|---|
| Share price | €1,337.60 (November 4, 2026) | $173.19 (November 4, 2026) |
| Market cap | €515.5 billion | $184.9 billion |
| P/E (TTM) | 38.2x | 20.0x |
| Forward P/E | 23.7x | 17.0x |
| Revenue growth (quarter) | +55.2% | -4.0% |
| Net margin (TTM) | 34.1% | 21.0% |
| Net debt / EBITDA | Net cash | 0.6x |
| Dividend yield | 0.54% | 2.24% |
| Beta | 1.32 | 1.76 |
ASML and Qualcomm figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that ASML or Qualcomm figure is not available, and we never estimate it.
3 key differences between ASML and Qualcomm
- Growth: ASML grew sales +55.2% year on year in its latest quarter, against -4.0% for Qualcomm.
- Valuation: ASML trades at 38.2x its annual earnings and Qualcomm at 20.0x; the market pays more for each dollar of ASML profit, usually because it expects more growth.
- Profitability: for every 100 of sales, ASML keeps 34.1 as net profit and Qualcomm keeps 21.0.
ASML or Qualcomm: which fits your profile
- If you want growth: ASML is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Qualcomm pays the higher dividend relative to its price.
- If you prefer caution: ASML has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Qualcomm trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither ASML nor Qualcomm wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How ASML and Qualcomm make money
ASML (ASML.AS)
ASML builds the lithography machines used to print computer chips. It reports two revenue streams: system sales (EUV, DUV, plus metrology and inspection tools), the larger one, and Installed Base Management, which covers servicing and upgrades of machines already in the field. Customers are chipmakers such as TSMC, Samsung and Intel, mostly in Asia. Full ASML analysis.
Qualcomm (QCOM)
Qualcomm has two businesses. QCT, the larger, sells Snapdragon processors and modems for smartphones, plus chips for cars and IoT devices. QTL collects royalties from phone makers licensing its wireless patents. Its customers include handset makers such as Apple, Samsung and Chinese brands. Full Qualcomm analysis.
Frequently asked questions: ASML vs Qualcomm
Is ASML or Qualcomm the better stock?
Choosing between ASML and Qualcomm depends on what you are looking for. ASML is growing faster right now, and Qualcomm trades on the lower P/E. Fintols does not tell you whether to buy ASML or Qualcomm: it shows you the differences so you can decide.
Which pays a higher dividend, ASML or Qualcomm?
As of November 4, 2026, Qualcomm yields 2.24% and ASML yields 0.54%. Also check how much of their profit ASML and Qualcomm pay out: if it is more than they earn, it cannot last.
Which is more expensive, ASML or Qualcomm?
On P/E, ASML (38.2x) is more expensive than Qualcomm (20.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both ASML and Qualcomm?
Yes. Many people spread their money across several companies, such as ASML and Qualcomm, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying ASML or Qualcomm.
More comparisons with ASML or Qualcomm
More companies like ASML and Qualcomm: semiconductors stocks. Educational content about ASML and Qualcomm, not investment advice.