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 86,985 - -
Change - -33.97% 34.5% 1.01% 3.73% 168.83% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 83,474 82,718 82,434
Change - -36.11% 35.8% 3.55% 2.13% 177.46% -0.9% -0.34%
P/E 11x 8.79x 43.1x 90.2x 35.9x 52.5x 35.3x 26.9x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 4.81x 4.41x 3.94x
PEG - -0.5x -0.6x -1.7x 0x 0.6x 0.7x 0.9x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 4.87x 4.11x 3.65x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 4.68x 3.91x 3.46x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 29.4x 21.4x 17.5x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 39.7x 27.8x 22.1x
EV / FCF 16.6x - 14.4x 51.2x -199x 428x 74.2x 89.7x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 0.23% 1.35% 1.11%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.082 2.792 3.984
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 1% 1.35% 1.92%
EPS 2 7.69 6.33 1.73 0.83 2.16 3.953 5.873 7.698
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 52.7% 47.5% 51.8%
Net sales 1 21,948 19,363 14,697 13,229 13,736 17,850 21,151 23,850
EBITDA 1 4,879 3,975 1,818 1,266 1,310 2,837 3,863 4,722
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,101 2,976 3,738
Net income 1 3,169 2,620 715.4 345.3 902 1,656 2,454 3,214
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -3,512 -4,267 -4,551
Reference price 2 84.25 55.65 74.50 74.90 77.45 207.40 207.40 207.40
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
52.82x4.71x29.63x1% 11.17B
52.51x16.04x40.84x0.52% 732B
69.35x20.93x56.02x0.26% 487B
62.88x13.94x49.67x0.8% 213B
36.23x3.73x17.1x1.39% 84.99B
219.06x65x167.15x0.11% 36.47B
65.54x21.19x44.14x0.59% 30.62B
69.24x8.77x31.05x0.23% 27.26B
43.27x3.11x16.96x0.37% 22.42B
36.08x4.79x22.27x0.84% 19.63B
Average 70.70x 16.22x 47.48x 0.61% 166.33B
Weighted average by Cap. 61.78x 17.24x 47.25x 0.52%

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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  4. Valuation ASMPT Limited
-40%: Exceptional extension
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