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 44,038 - -
Change - -33.97% 34.5% 1.01% 3.73% 36.1% - -
Enterprise Value (EV) 1 32,788 20,947 28,447 29,456 30,085 40,031 39,181 37,332
Change - -36.11% 35.8% 3.55% 2.13% 33.06% -2.12% -4.72%
P/E 11x 8.79x 43.1x 90.2x 35.9x 23.4x 16.5x 12.6x
PBR 2.27x 1.45x 1.97x 2.05x 1.9x 2.38x 2.15x 1.87x
PEG - -0.5x -0.6x -1.7x 0x 0x 0.4x 0.4x
Capitalization / Revenue 1.58x 1.19x 2.1x 2.36x 2.36x 2.26x 1.92x 1.68x
EV / Revenue 1.49x 1.08x 1.94x 2.23x 2.19x 2.05x 1.71x 1.42x
EV / EBITDA 6.72x 5.27x 15.7x 23.3x 23x 11.4x 9.2x 7.04x
EV / EBIT 7.92x 6.47x 25.8x 57.6x 49x 14.6x 11x 8.12x
EV / FCF 16.6x - 14.4x 51.2x -199x 13.2x 21.3x 16.7x
FCF Yield 6.03% - 6.93% 1.95% -0.5% 7.57% 4.69% 5.98%
Dividend per Share 2 3.9 3.2 0.87 0.42 0.6 2.223 3.114 4.265
Rate of return 4.63% 5.75% 1.17% 0.56% 0.77% 2.12% 2.97% 4.06%
EPS 2 7.69 6.33 1.73 0.83 2.16 4.482 6.359 8.337
Distribution rate 50.7% 50.6% 50.3% 50.6% 27.8% 49.6% 49% 51.2%
Net sales 1 21,948 19,363 14,697 13,229 13,736 19,480 22,949 26,281
EBITDA 1 4,879 3,975 1,818 1,266 1,310 3,514 4,260 5,306
EBIT 1 4,142 3,237 1,104 511.4 614.5 2,733 3,546 4,596
Net income 1 3,169 2,620 715.4 345.3 902 1,899 2,675 3,506
Net Debt 1 -1,983 -2,013 -2,434 -1,737 -2,272 -4,007 -4,857 -6,706
Reference price 2 84.25 55.65 74.50 74.90 77.45 105.00 105.00 105.00
Nbr of stocks (in thousands) 412,705 412,572 414,505 416,459 417,780 419,408 - -
Announcement Date 22/02/22 28/02/23 27/02/24 25/02/25 04/03/26 - - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.43x2.05x11.39x2.12% 5.61B
34.04x11.85x26.99x0.66% 604B
29.6x8.96x25.93x0.5% 310B
24.99x8.26x19.81x0.53% 299B
27.98x11.12x22.72x0.61% 206B
34.28x13.16x24.38x0.29% 160B
27.58x6.21x18.95x1.76% 137B
31.6x3.72x16.71x1.86% 90.03B
49.78x7.18x37.73x0.19% 52.35B
29.65x8.08x22.44x0.19% 42.9B
Average 31.29x 8.06x 22.71x 0.87% 190.6B
Weighted average by Cap. 30.99x 9.82x 24.10x 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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