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 70,503 - -
Change - -33.97% 34.5% 1.01% 3.73% 117.89% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 66,604 65,707 63,568
Change - -36.11% 35.8% 3.55% 2.13% 121.39% -1.35% -3.26%
P/E 11x 8.79x 43.1x 90.2x 35.9x 38.2x 26.9x 20.4x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.82x 3.46x 3.02x
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 3.69x 3.16x 2.78x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.48x 2.94x 2.5x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 20.5x 15.8x 12.1x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 25.8x 19x 14.4x
EV / FCF 16.6x - 14.4x 51.2x -199x 100x 43.9x 28.6x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1% 2.28% 3.5%
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% 1.31% 1.78% 2.47%
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 77.45 168.10 168.10 168.10
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.($)
36.4x3.31x19.46x1.38% 8.55B
36.87x12.39x28.19x0.64% 625B
28.62x9.48x23.37x0.42% 337B
29.81x6.68x20.59x1.64% 149B
32.99x3.57x16.47x1.58% 84.63B
41.84x13.47x27.96x0.9% 20.69B
49.3x6.58x22.97x0.3% 20.58B
19.79x2.86x12.23x1.54% 14.95B
41.84x7.59x22.6x - 12.27B
Average 35.27x 7.32x 21.54x 1.05% 141.4B
Weighted average by Cap. 33.73x 10.07x 24.86x 0.78%

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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