Company Valuation: ASR Microelectronics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,387 29,189 22,093 33,707 38,167 - -
Change - 14.98% -24.31% 52.57% 13.23% - -
Enterprise Value (EV) 23,331 29,189 22,093 33,707 38,167 38,167 38,167
Change - 25.11% -24.31% 52.57% 13.23% 0% 0%
P/E -99.5x -57.3x -31.8x -86.1x 529x 110x 46.5x
PBR 3.4x 4.59x 3.98x 6.33x 7.05x 6.72x 5.77x
PEG 1.7x -1x -0.8x 2x -4x 0x 0x
Capitalization / Revenue 11.9x 11.2x 6.53x 8.83x 7.05x 5.31x 4.15x
EV / Revenue 0x 0x 0x 0x 7.05x 5.31x 4.15x
EV / EBITDA -0x -0x -0x -0x 128x 54.1x 33.8x
EV / EBIT -0x -0x -0x -0x 579x 99.1x 39.9x
EV / FCF - - -0x -0x -34.5x 384x 241x
FCF Yield - - -2.98% -1.61% -2.9% 0.26% 0.41%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -0.61 -1.23 -1.7 -0.96 0.1767 0.85 2.01
Distribution rate - - - - - - -
Net sales 1 2,140 2,600 3,386 3,817 5,416 7,188 9,205
EBITDA 1 -73.76 -393.1 -388 -267.4 298.8 705.8 1,128
EBIT 1 -247.5 -513.5 -662.4 -351.1 65.9 385.1 956.5
Net income 1 -251.5 -510.9 -693 -390.3 74.42 354.7 840.1
Net Debt -2,056 - - - - - -
Reference price 2 60.69 70.44 54.09 82.61 93.54 93.54 93.54
Nbr of stocks (in thousands) 418,301 414,379 408,456 408,024 408,024 - -
Announcement Date 27/02/23 23/02/24 25/02/25 30/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
529.46x - - -.--% 5.69B
71.87x11.51x57.7x1.13% 246B
45.2x8.25x14.79x-.--% 91.39B
56.82x10.11x36.37x0.85% 59.97B
42.5x9.07x31.54x1.29% 55.32B
43.35x - - 0.22% 46.5B
45.93x7.9x31.72x0.86% 38.13B
150.13x17.39x120.75x0.28% 33.33B
32.94x7.94x25.33x0.57% 34.14B
861.54x54.78x1215.84x - 30.91B
Average 187.98x 15.87x 191.75x 0.58% 64.13B
Weighted average by Cap. 104.64x 12.80x 107.20x 0.77%

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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  4. Valuation ASR Microelectronics Co., Ltd.