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 51,042 - -
Change - -33.97% 34.5% 1.01% 3.73% 57.75% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 47,136 46,226 44,037
Change - -36.11% 35.8% 3.55% 2.13% 56.68% -1.93% -4.73%
P/E 11x 8.79x 43.1x 90.2x 35.9x 27.6x 19.4x 14.7x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 2.77x 2.51x 2.19x
PEG - -0.5x -0.6x -1.7x 0x 0x 0.5x 0.5x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 2.67x 2.29x 2.01x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 2.47x 2.07x 1.73x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 14.5x 11.1x 8.36x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 18.2x 13.4x 9.89x
EV / FCF 16.6x - 14.4x 51.2x -199x 71.1x 30.9x 19.8x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 1.41% 3.24% 5.05%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.215 3 4.197
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 1.82% 2.47% 3.45%
EPS 2 7.69 6.33 1.73 0.83 2.16 4.404 6.265 8.287
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 50.3% 47.9% 50.6%
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 3,253 4,174 5,268
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,591 3,462 4,454
Net income 1 3,169 2,620 715.4 345.3 902 1,845 2,609 3,438
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -3,905 -4,816 -7,005
Reference price 2 84.25 55.65 74.50 74.90 77.45 121.70 121.70 121.70
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 22/2/22 28/2/23 27/2/24 25/2/25 4/3/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.63x2.47x14.49x1.82% 6.51B
33.9x11.83x27.01x0.66% 605B
24.05x7.94x19.08x0.55% 287B
28.62x8.66x25.13x0.52% 299B
27.06x10.62x21.98x0.66% 190B
34.7x12.97x25.23x0.27% 149B
27.42x6.18x18.84x1.77% 137B
34.11x3.76x17.09x1.54% 88.23B
52.06x7.73x41.15x0.17% 58.48B
34.81x9.22x26.01x0.17% 48.29B
Average 32.44x 8.14x 23.60x 0.81% 187B
Weighted average by Cap. 31.01x 9.67x 24.14x 0.69%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ASMPT Limited

Historical PBR trend

Valuation ratios - PBR - ASMPT Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ASMPT Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ASMPT Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - ASMPT Limited
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