ASMPT Ltd 00522

Morningstar Rating
HK$100.00 +1.25 (1.27%)
View Full Chart

Company Report

ASMPT Looking to Maintain Its Strong Position in the Fast-Growing Advanced Packaging Market

ASMPT provides investors with exposure to long-term high-growth themes such as the proliferation of semiconductors in autos and industrial “Internet of Things” as well as artificial intelligence, or AI, and high performance computing, or HPC, through the leading global equipment supplier in assembly and packaging and surface mounted technology. The high-tech nature of the equipment supply industry provides barriers to new entrants and allows most incumbents to earn above cost of capital returns over the long term, with ASMPT being no exception. We expect the company to continue to make strategic acquisitions in related areas where it can plug technology holes and add value through investment.

Price vs Fair Value

00522 is trading within a range we consider fairly valued.
Price
HK$100.00
Fair Value
HK$58.00
Uncertainty
High
1-Star Price
HK$834.50
5-Star Price
HK$73.00
Economic Moat
Nwygn
Capital Allocation
Ngwcflwkv

Bulls Say, Bears Say

Bulls

Well positioned to capitalize on the forecast medium- to long-term growth in the semiconductor market driven by Big Data, artificial intelligence, proliferation of electronics in autos and image sensors.

Bears

There are few switching costs for most of ASMPT’s equipment so its customers can switch suppliers if ASMPT’s technology does not remain competitive.

News

Trading Information

Previous Close Price
HK$98.75
Day Range
HK$97.30103.00
52-Week Range
HK$64.70119.00
Bid/Ask
HK$99.90 / HK$100.00
Market Cap
HK$41.45 Bil
Volume/Avg
5.6 Mil / 3.3 Mil

Key Statistics

Price/Earnings (Normalized)
59.54
Price/Sales
3.88
Dividend Yield (Trailing)
0.61%
Dividend Yield (Forward)
0.61%
Total Yield
0.61%

Company Profile

ASMPT designs, manufactures, and sells precision equipment used to assemble semiconductors and other electronic equipment. Listed on the Hong Kong Stock Exchange since 1989, ASMPT is headquartered in Hong Kong and has operations in Asia, Europe, and the US. It is the largest supplier globally in both the assembly and packaging equipment market and the surface mounted technology market.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Stock Style Box
Large Growth
Total Number of Employees
10,800

Competitors

Valuation

Metric
00522
LRCX
KLAC
Price/Earnings (Normalized)
59.5427.0033.14
Price/Book Value
2.6912.4531.42
Price/Sales
3.887.2210.93
Price/Cash Flow
18.4925.0830.55
Price/Earnings
00522
LRCX
KLAC

Financial Strength

Metric
00522
LRCX
KLAC
Quick Ratio
2.161.931.40
Current Ratio
3.632.972.15
Interest Coverage
3.6823.1810.73
Quick Ratio
00522
LRCX
KLAC

Profitability

Metric
00522
LRCX
KLAC
Return on Assets (Normalized)
1.83%21.74%22.18%
Return on Equity (Normalized)
2.82%49.33%104.87%
Return on Invested Capital (Normalized)
2.50%30.24%35.58%
Return on Assets
00522
LRCX
KLAC

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