ASMPT Limited

DB:AY7A Stock Report

Market Cap: €3.6b

ASMPT Valuation

Is AY7A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AY7A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€17.68
Fair Value
53.6% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: AY7A (€8.2) is trading below our estimate of fair value (€17.68)

Significantly Below Fair Value: AY7A is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AY7A?

Key metric: As AY7A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AY7A. This is calculated by dividing AY7A's market cap by their current earnings.
What is AY7A's PE Ratio?
PE Ratio69.6x
EarningsHK$416.23m
Market CapHK$28.99b

Price to Earnings Ratio vs Peers

How does AY7A's PE Ratio compare to its peers?

The above table shows the PE ratio for AY7A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.8x
WAF Siltronic
13.7x-71.0%€1.3b
AIXA AIXTRON
13.1x-3.7%€1.5b
SMHN SÜSS MicroTec
18.4x-5.5%€789.5m
S92 SMA Solar Technology
5.9x40.8%€473.0m
AY7A ASMPT
69.6x46.1%€29.0b

Price-To-Earnings vs Peers: AY7A is expensive based on its Price-To-Earnings Ratio (69.6x) compared to the peer average (12.8x).

Price to Earnings Ratio vs Industry

How does AY7A's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AY7A 69.6xIndustry Avg. 14.2xNo. of Companies6PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AY7A is expensive based on its Price-To-Earnings Ratio (69.6x) compared to the European Semiconductor industry average (14x).

Price to Earnings Ratio vs Fair Ratio

What is AY7A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AY7A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio69.6x
Fair PE Ratio38.5x

Price-To-Earnings vs Fair Ratio: AY7A is expensive based on its Price-To-Earnings Ratio (69.6x) compared to the estimated Fair Price-To-Earnings Ratio (38.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AY7A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€8.20
€12.46
+52.0%
15.4%€16.66€9.01n/a17
Feb ’26€8.35
€12.46
+49.3%
15.4%€16.66€9.01n/a17
Jan ’26€8.70
€12.96
+49.0%
17.8%€18.64€9.07n/a18
Dec ’25€8.95
€12.71
+42.1%
17.3%€18.19€8.85n/a19
Nov ’25€9.65
€12.46
+29.1%
15.7%€17.80€8.66n/a18
Oct ’25€10.50
€12.55
+19.6%
16.8%€17.33€9.01n/a20
Sep ’25€9.75
€12.87
+32.0%
15.6%€17.53€9.35n/a20
Aug ’25€9.15
€13.34
+45.7%
14.4%€17.76€9.47n/a20
Jul ’25€12.40
€14.34
+15.6%
12.4%€17.98€10.79n/a19
Jun ’25€10.60
€14.10
+33.0%
12.4%€17.70€10.62n/a19
May ’25€11.30
€13.93
+23.3%
15.6%€17.86€8.10n/a20
Apr ’25€11.30
€12.27
+8.5%
19.9%€15.62€7.36n/a18
Mar ’25€11.00
€11.80
+7.3%
18.6%€15.32€7.39n/a17
Feb ’25€9.05
€10.06
+11.2%
14.8%€12.71€7.37€8.3518
Jan ’25€8.20
€9.93
+21.1%
14.5%€12.71€7.37€8.7018
Dec ’24€8.90
€9.85
+10.7%
13.6%€12.70€7.37€8.9518
Nov ’24€7.65
€10.10
+32.0%
14.0%€13.06€7.58€9.6517
Oct ’24€8.10
€10.44
+28.9%
10.8%€13.43€8.75€10.5017
Sep ’24€9.10
€10.22
+12.3%
10.4%€13.13€8.55€9.7518
Aug ’24€8.30
€10.12
+21.9%
9.4%€12.24€8.51€9.1518
Jul ’24€9.00
€9.46
+5.1%
15.9%€12.27€7.01€12.4018
Jun ’24€7.70
€9.52
+23.6%
16.5%€12.52€7.16€10.6018
May ’24€7.40
€9.05
+22.2%
19.3%€12.19€5.34€11.3019
Apr ’24€8.75
€9.45
+8.1%
20.9%€13.43€5.37€11.3018
Mar ’24€8.65
€9.19
+6.2%
26.2%€13.74€4.42€11.0019
Feb ’24€8.40
€7.55
-10.1%
24.2%€11.03€4.30€9.0520
Analyst Price Target
Consensus Narrative from 17 Analysts
€11.90
Fair Value
31.1% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 10:29
End of Day Share Price 2025/02/12 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ASMPT Limited is covered by 49 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tammy QiuBerenberg
Nay Soe NaingBerenberg
Szeho NgBNP Paribas Securities (Asia)