ASM Pacific Technology Limited, an investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industries worldwide. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has ASM Pacific Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 522 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 522's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 522 underperformed the Hong Kong Semiconductor industry which returned 88.1% over the past year.
Return vs Market: 522 exceeded the Hong Kong Market which returned 25.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is ASM Pacific Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StReturns On Capital At ASM Pacific Technology (HKG:522) Have Hit The Brakes
2 weeks ago | Simply Wall StNeed To Know: ASM Pacific Technology Limited (HKG:522) Insiders Have Been Selling Shares
1 month ago | Simply Wall StASM Pacific Technology's (HKG:522) Dividend Will Be Increased To HK$2.00
Is ASM Pacific Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 522 (HK$101.5) is trading below our estimate of fair value (HK$146.94)
Significantly Below Fair Value: 522 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 522 is poor value based on its PE Ratio (36.9x) compared to the Hong Kong Semiconductor industry average (27x).
PE vs Market: 522 is poor value based on its PE Ratio (36.9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: 522 is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: 522 is overvalued based on its PB Ratio (3.2x) compared to the HK Semiconductor industry average (2.5x).
How is ASM Pacific Technology forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 522's forecast earnings growth (8.6% per year) is above the savings rate (1.5%).
Earnings vs Market: 522's earnings (8.6% per year) are forecast to grow slower than the Hong Kong market (19.3% per year).
High Growth Earnings: 522's earnings are forecast to grow, but not significantly.
Revenue vs Market: 522's revenue (8.3% per year) is forecast to grow slower than the Hong Kong market (12.7% per year).
High Growth Revenue: 522's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 522's Return on Equity is forecast to be low in 3 years time (16.2%).
How has ASM Pacific Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 522 has high quality earnings.
Growing Profit Margin: 522's current net profit margins (7%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: 522's earnings have declined by 13.2% per year over the past 5 years.
Accelerating Growth: 522's earnings growth over the past year (111.2%) exceeds its 5-year average (-13.2% per year).
Earnings vs Industry: 522 earnings growth over the past year (111.2%) exceeded the Semiconductor industry -10.3%.
Return on Equity
High ROE: 522's Return on Equity (8.6%) is considered low.
How is ASM Pacific Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 522's short term assets (HK$14.8B) exceed its short term liabilities (HK$5.3B).
Long Term Liabilities: 522's short term assets (HK$14.8B) exceed its long term liabilities (HK$4.6B).
Debt to Equity History and Analysis
Debt Level: 522's debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 522's debt to equity ratio has reduced from 30.4% to 23.5% over the past 5 years.
Debt Coverage: 522's debt is well covered by operating cash flow (86.3%).
Interest Coverage: 522's interest payments on its debt are well covered by EBIT (14.8x coverage).
What is ASM Pacific Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 522's dividend (2.66%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.86%).
High Dividend: 522's dividend (2.66%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.89%).
Stability and Growth of Payments
Stable Dividend: 522's dividend payments have been volatile in the past 10 years.
Growing Dividend: 522's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.2%), 522's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 522's dividends in 3 years are forecast to be covered by earnings (51.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robin Gerard Ng (57 yo)
Mr. Cher Tat Ng, also known as Robin Gerard, has been Chief Executive Officer at ASM Pacific Technology since May 12, 2020. Mr. Ng served as Chief Financial Officer of ASM Pacific Technology Ltd. since Feb...
CEO Compensation Analysis
Compensation vs Market: Robin Gerard's total compensation ($USD990.79K) is above average for companies of similar size in the Hong Kong market ($USD644.23K).
Compensation vs Earnings: Robin Gerard's compensation has increased by more than 20% in the past year.
Experienced Management: 522's management team is considered experienced (4.4 years average tenure).
Experienced Board: 522's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 522 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASM Pacific Technology Limited's company bio, employee growth, exchange listings and data sources
- Name: ASM Pacific Technology Limited
- Ticker: 522
- Exchange: SEHK
- Founded: 1975
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: HK$41.696b
- Shares outstanding: 410.80m
- Website: https://www.asmpacific.com
Number of Employees
- ASM Pacific Technology Limited
- 8 Cheung Fai Road
- 19th Floor
- Tsing Yi
- New Territories
- Hong Kong
ASM Pacific Technology Limited, an investment holding company, engages in the design, manufacture, and marketing of machines, tools, and materials used in the semiconductor and electronics assembly industr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/13 10:02|
|End of Day Share Price||2021/06/11 00:00|
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 here.