{
  "schemaVersion": 1,
  "reportId": "asml-2026-10-10",
  "correctedOn": "2026-10-15",
  "valuationDate": "2026-10-10",
  "currency": "EUR",
  "unit": "EUR million, except EUR per ordinary share and rates",
  "convention": "Annual 2027–2036 FCFF and terminal value at year-end; remaining 82-day 2026 stub at its midpoint. The year fraction retains the original 365.25-day convention.",
  "scope": "Timing-only correction. Original financial facts, forecasts, WACC, terminal economics, balance-sheet bridge, shares and reference price are unchanged. This is not a Q3 2026 financial update.",
  "sourceModelPath": "docs/data/detailed-dcf/asml-2026-10-10/output/asml-dcf-model.json",
  "sourceModelSha256": "dee9d10977c19533304f3921031ccee598ea5ff3fb4577ac9193ac0c1666e23b",
  "originalPdfPath": "/research/dcf-reports/asml-2026-10-10-pl.pdf",
  "unchangedValuationInputs": {
    "referenceSharePrice": 1610.2,
    "referencePriceAsOf": "2026-10-09T17:38:04+02:00",
    "sharesMillion": 385.3,
    "netDebtMillion": -3561.8,
    "nonOperatingInvestmentsMillion": 1500.0
  },
  "revenue2026Bridge": {
    "pdfPage": 8,
    "issue": "The three 2026 component rows accidentally display 2036 driver amounts; the original 2026 total and valuation forecasts were calculated correctly.",
    "unit": "EUR million",
    "correct2026Drivers": {
      "advanced_lithography": 31775.444999999996,
      "mature_and_metrology": 2432.1899999999996,
      "installed_base": 9831.6
    },
    "correct2026Total": 44039.23499999999,
    "original2026Total": 44039.23499999999,
    "incorrectComponentRowsInPdf": {
      "advanced_lithography": 85497.23624940218,
      "mature_and_metrology": 3701.480541438515,
      "installed_base": 24029.222183251448
    }
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      "correctedValuePerShare": 557.6759476008593,
      "changePercent": -3.856348948460264,
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      "remaining2026Fraction": 0.2245037645448323,
      "pvStub": 2588.278272679121,
      "rows": [
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          "presentValue": 12594.210826294111
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          "presentValue": 12686.004430061124
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          "presentValue": 12540.649429748972
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          "presentValue": 11542.681135427429
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          "presentValue": 10916.608464710684
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