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 67,105 - -
Change - -33.97% 34.5% 1.01% 3.73% 107.39% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 63,207 62,310 60,170
Change - -36.11% 35.8% 3.55% 2.13% 110.1% -1.42% -3.43%
P/E 11x 8.79x 43.1x 90.2x 35.9x 36.4x 25.6x 19.5x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.64x 3.3x 2.88x
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 3.51x 3.01x 2.64x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.31x 2.79x 2.37x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 19.5x 15x 11.5x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 24.4x 18.1x 13.6x
EV / FCF 16.6x - 14.4x 51.2x -199x 95.3x 41.6x 27x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1.05% 2.4% 3.7%
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% 1.38% 1.87% 2.59%
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 77.45 160.00 160.00 160.00
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 2/22/22 A 2/28/23 A 2/27/24 A 2/25/25 A 3/4/26 A - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.39x13.98x31.73x0.57% 696B
38.8x11.77x34.04x0.38% 406B
34.94x11.63x28.61x0.35% 411B
36.23x14.19x29.43x0.49% 254B
34.3x7.75x23.62x1.42% 171B
36.71x13.74x26.72x0.26% 158B
37.42x4.03x18.58x1.38% 97B
59.72x8.86x47.16x0.15% 66.64B
45.16x12.03x33.92x0.13% 62.68B
Average 40.52x 10.89x 30.42x 0.57% 258.09B
Weighted average by Cap. 38.85x 12.11x 30.34x 0.54%

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