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 67,818 - -
Change - -33.97% 34.5% 1.01% 3.73% 109.59% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 63,920 63,023 60,883
Change - -36.11% 35.8% 3.55% 2.13% 112.47% -1.4% -3.4%
P/E 11x 8.79x 43.1x 90.2x 35.9x 37x 26.1x 19.9x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 3.69x 3.35x 2.94x
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 3.55x 3.03x 2.66x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 3.35x 2.82x 2.39x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 19.6x 15.1x 11.7x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 24.9x 18.4x 14x
EV / FCF 16.6x - 14.4x 51.2x -199x 96.4x 42.1x 27.4x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1.04% 2.38% 3.66%
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% 1.37% 1.85% 2.57%
EPS 2 7.69 6.33 1.73 0.83 2.16 4.373 6.207 8.111
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 50.5% 48.1% 51.1%
Net sales 1 21,948 19,363 14,697 13,229 13,736 19,093 22,359 25,525
EBITDA 1 4,879 3,975 1,818 1,266 1,310 3,266 4,170 5,224
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,563 3,417 4,357
Net income 1 3,169 2,620 715.4 345.3 902 1,833 2,585 3,367
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 77.45 161.70 161.70 161.70
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
39.76x13.04x30x0.6% 675B
33.4x11.12x27.56x0.37% 393B
32.45x7.18x22.32x1.51% 155B
31.49x3.42x15.74x1.68% 81.07B
52.59x6.97x24.32x0.28% 21.95B
40.86x13.14x27.27x0.92% 19.8B
20.81x3.02x12.92x1.46% 15.43B
49.19x9.07x26.99x - 14.39B
19.71x1.77x8.73x0.66% 12.49B
Average 35.58x 7.64x 21.76x 0.94% 154.28B
Weighted average by Cap. 36.59x 10.93x 27.08x 0.71%

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