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 68,196 - -
Change - -33.97% 34.5% 1.01% 3.73% 110.76% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 64,298 63,400 61,261
Change - -36.11% 35.8% 3.55% 2.13% 113.72% -1.4% -3.37%
P/E 11x 8.79x 43.1x 90.2x 35.9x 37x 26x 19.8x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.7x 3.35x 2.92x
PEG - -0.5x -0.6x -1.7x 0x 0x 0.6x 0.6x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 3.57x 3.05x 2.69x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.36x 2.84x 2.41x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 19.8x 15.2x 11.7x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 24.9x 18.4x 13.9x
EV / FCF 16.6x - 14.4x 51.2x -199x 97x 42.3x 27.5x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1.03% 2.36% 3.63%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.207 2.985 4.149
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 1.36% 1.84% 2.55%
EPS 2 7.69 6.33 1.73 0.83 2.16 4.395 6.244 8.224
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 50.2% 47.8% 50.4%
Net sales 1 21,948 19,363 14,697 13,229 13,736 19,115 22,331 25,395
EBITDA 1 4,879 3,975 1,818 1,266 1,310 3,247 4,163 5,233
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,586 3,452 4,423
Net income 1 3,169 2,620 715.4 345.3 902 1,842 2,601 3,413
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -3,898 -4,795 -6,935
Reference price 2 84.25 55.65 74.50 74.90 77.45 162.60 162.60 162.60
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 2/22/22 2/28/23 2/27/24 2/25/25 3/4/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.02x3.27x19.24x1.39% 8.46B
39.87x13.44x30.53x0.59% 671B
33.45x11.13x27.37x0.36% 394B
6.53x37.36x113.83x7.48% 163B
37.21x4.01x18.48x1.39% 96.62B
46.54x15.05x31.24x0.81% 22.78B
55.15x7.27x25.36x0.27% 23.02B
22.28x3.26x13.83x1.37% 16.77B
47.57x8.91x26.53x - 14.17B
Average 36.07x 11.52x 34.05x 1.71% 156.58B
Weighted average by Cap. 34.25x 14.61x 38.06x 1.4%

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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