Company Valuation: ASMPT Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,770 22,960 30,881 31,193 32,357 67,651 - -
Change - -33.97% 34.5% 1.01% 3.73% 109.07% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 64,487 63,447 61,977
Change - -36.11% 35.8% 3.55% 2.13% 114.35% -1.61% -2.32%
P/E 11x 8.79x 43.1x 90.2x 35.9x 40.6x 26.8x 20.2x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.74x 3.43x 3.06x
PEG - -0.5x -0.6x -1.7x 0x 0.5x 0.5x 0.6x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 3.78x 3.15x 2.73x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.6x 2.96x 2.51x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 22.5x 15.9x 12.4x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 30.4x 20.5x 15.5x
EV / FCF 16.6x - 14.4x 51.2x -199x 331x 56.9x 67.5x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 0.3% 1.76% 1.48%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.109 2.92 4.242
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 1.31% 1.81% 2.63%
EPS 2 7.69 6.33 1.73 0.83 2.16 3.978 6.02 7.989
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 53% 48.5% 53.1%
Net sales 1 21,948 19,363 14,697 13,229 13,736 17,914 21,465 24,738
EBITDA 1 4,879 3,975 1,818 1,266 1,310 2,867 3,999 4,994
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,119 3,100 4,009
Net income 1 3,169 2,620 715.4 345.3 902 1,666 2,516 3,337
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -3,163 -4,204 -5,673
Reference price 2 84.25 55.65 74.50 74.90 77.45 161.30 161.30 161.30
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 22/02/22 28/02/23 27/02/24 25/02/25 04/03/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
40.55x3.6x22.5x1.31% 8.63B
40.25x13.42x31.49x0.59% 676B
55.82x16.84x45.05x0.33% 392B
40.74x8.97x28.09x1.22% 182B
35.92x3.73x16.96x1.45% 83.15B
49.65x15.9x33.02x0.77% 23.12B
53.73x6.98x24.69x0.29% 21.16B
26.61x4.01x16.87x1.14% 19.23B
30.11x2.21x12.07x0.54% 15.6B
53.88x9.77x31.1x - 13.92B
Average 42.73x 8.54x 26.18x 0.85% 143.45B
Weighted average by Cap. 44.50x 12.83x 33.38x 0.66%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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