OTCPK:ASMV.F

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

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


Market Performance


7 Day Return

-2.0%

OTCPK:ASMV.F

0.8%

US Semiconductor

1.1%

US Market


1 Year Return

n/a

OTCPK:ASMV.F

11.3%

US Semiconductor

2.1%

US Market

No trading data on ASMV.F.

No trading data on ASMV.F.


Share holder returns

ASMV.FIndustryMarket
7 Day-2.0%0.8%1.1%
30 Day2.5%7.7%3.7%
90 Dayn/a12.3%2.3%
1 Yearn/a13.3%11.3%4.4%2.1%
3 Yearn/a83.6%72.9%47.0%37.4%
5 Yearn/a123.2%100.4%61.6%43.8%

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

No news available

Valuation

Is ASM Pacific Technology undervalued based on future cash flows and its price relative to the stock market?

39.91x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

ASM Pacific Technology's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

ASM Pacific Technology's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

ASM Pacific Technology is overvalued based on earnings compared to the US Semiconductor industry average.

ASM Pacific Technology is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

ASM Pacific Technology is poor value based on expected growth next year.


Price Based on Value of Assets

ASM Pacific Technology is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is ASM Pacific Technology expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

34.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

ASM Pacific Technology's revenue is expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).

ASM Pacific Technology's earnings are expected to grow significantly at over 20% yearly.

ASM Pacific Technology's revenue growth is expected to exceed the United States of America market average.

ASM Pacific Technology's earnings growth is expected to exceed the United States of America market average.

ASM Pacific Technology's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

ASM Pacific Technology is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has ASM Pacific Technology performed over the past 5 years?

13.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ASM Pacific Technology's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

ASM Pacific Technology's 1-year earnings growth is negative, it can't be compared to the 5-year average.

ASM Pacific Technology's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.


Return on Equity

ASM Pacific Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

ASM Pacific Technology used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

ASM Pacific Technology's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is ASM Pacific Technology's financial position?


Financial Position Analysis

ASM Pacific Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ASM Pacific Technology's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

ASM Pacific Technology's level of debt (28.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (31.1% vs 28.7% today).

Debt is well covered by operating cash flow (76.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.2x debt.


Next Steps

Dividend

What is ASM Pacific Technology's current dividend yield, its reliability and sustainability?

2.88%

Expected Dividend Yield


Dividend Yield and Payments Analysis

ASM Pacific Technology's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

ASM Pacific Technology's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).


Next Steps

Management

What is the CEO of ASM Pacific Technology's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Wai Lee (65yo)

12.7yrs

Tenure

HK$23,326,000

Compensation

Mr. Wai Kwong Lee has been the Chief Executive Officer at ASM Pacific Technology Ltd., a subsidiary of ASM International NV since January 01, 2007. Mr. Lee served as the Managing Director of ASM Technology ...


CEO Compensation Analysis

Wai's remuneration is lower than average for companies of similar size in United States of America.

Wai's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.5yrs

Average Tenure

60.5yo

Average Age

The tenure for the ASM Pacific Technology management team is about average.


Board Age and Tenure

7.6yrs

Average Tenure

62yo

Average Age

The tenure for the ASM Pacific Technology board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellHK$601,29916 Aug 19
Schroder Investment Management (Hong Kong) Limited
EntityCompany
Shares53,000
Max PriceHK$11.35
BuyHK$1,509,35301 Aug 19
Schroder Investment Management (Hong Kong) Limited
EntityCompany
Shares123,500
Max PriceHK$12.22
SellHK$164,38429 Jul 19
Schroder Investment Management (Hong Kong) Limited
EntityCompany
Shares13,800
Max PriceHK$11.91
BuyHK$2,289,34417 Jul 19
Schroder Investment Management (Hong Kong) Limited
EntityCompany
Shares217,200
Max PriceHK$10.54
BuyHK$325,38221 May 19
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares31,700
Max PriceHK$10.26
SellHK$2,899,66719 Mar 19
Colonial First State Asset Management (Australia) Limited
EntityCompany
Shares270,400
Max PriceHK$10.72
BuyHK$6,794,59013 Mar 19
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares617,200
Max PriceHK$11.01
BuyHK$6,043,06107 Jan 19
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares627,600
Max PriceHK$9.63
BuyHK$5,716,51911 Dec 18
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares617,600
Max PriceHK$9.26
BuyHK$2,124,85106 Dec 18
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares206,700
Max PriceHK$10.28
BuyHK$7,692,95109 Nov 18
Schroder Investment Management (Singapore) Ltd
EntityCompany
Shares796,500
Max PriceHK$9.66
BuyHK$2,811,14902 Nov 18
Colonial First State Asset Management (Australia) Limited
EntityCompany
Shares322,600
Max PriceHK$8.71
SellHK$8,423,31412 Oct 18
GIC Pte. Ltd.
EntityCompany
Shares887,300
Max PriceHK$9.49
SellHK$610,55225 Sep 18
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares59,292
Max PriceHK$10.30
BuyHK$4,930,88621 Sep 18
Colonial First State Asset Management (Australia) Limited
EntityCompany
Shares488,600
Max PriceHK$10.09

Ownership Breakdown


Management Team

  • Wai Lee (65yo)

    CEO & Executive Director

    • Tenure: 12.7yrs
    • Compensation: HK$23.33m
  • James Chow (62yo)

    Executive Director & Executive Vice President for Business Excellence

    • Tenure: 0.7yrs
    • Compensation: HK$8.09m
  • Yam Wong (59yo)

    Group CTO & Group Executive VP

    • Tenure: 0yrs
  • Robin Gerard Ng (56yo)

    CFO & Executive Director

    • Tenure: 8.4yrs
    • Compensation: HK$8.68m
  • Stanley Tsui (62yo)

    COO, Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$7.73m
  • Guenter Lauber (57yo)

    Group Executive VP & Group CEO of SMT Solutions Segment

    • Tenure: 3.7yrs
  • Patrick Lim (65yo)

    Group Executive Vice President of Corporate Operations

    • Tenure: 3.7yrs
  • Joseph Poh (51yo)

    Group Senior VP & Group CEO of Back-end Equipment Segment (Opto

    • Tenure: 2.7yrs
  • Leonard Lee

    Senior Manager of Investor Relations

    • Tenure: 0yrs
  • Choon Lim

    Senior VP & CEO of Back-end Equipment Segment

    • Tenure: 0.7yrs

Board Members

  • Chuck del Prado (58yo)

    Non-Executive Director

    • Tenure: 9.4yrs
    • Compensation: HK$350.00k
  • Orasa Livasiri (63yo)

    Chairman of the Board

    • Tenure: 2.5yrs
    • Compensation: HK$500.00k
  • Eric Tang (73yo)

    Independent Non-Executive Director

    • Tenure: 6.4yrs
    • Compensation: HK$396.00k
  • Wai Lee (65yo)

    CEO & Executive Director

    • Tenure: 12.7yrs
    • Compensation: HK$23.33m
  • James Chow (62yo)

    Executive Director & Executive Vice President for Business Excellence

    • Tenure: 0.7yrs
    • Compensation: HK$8.09m
  • Peter van Bommel (62yo)

    Non-Executive Director

    • Tenure: 8.9yrs
    • Compensation: HK$300.00k
  • John Lok (56yo)

    Independent Non-Executive Director

    • Tenure: 12.5yrs
    • Compensation: HK$450.00k
  • Robin Gerard Ng (56yo)

    CFO & Executive Director

    • Tenure: 8.4yrs
    • Compensation: HK$8.68m
  • Hon Wong (72yo)

    Independent Non-Executive Director

    • Tenure: 6.8yrs
    • Compensation: HK$400.00k
  • Stanley Tsui (62yo)

    COO, Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$7.73m

Company Information

ASM Pacific Technology Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ASM Pacific Technology Limited
  • Ticker: ASMV.F
  • Exchange: OTCPK
  • Founded: 1975
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: HK$39.793b
  • Listing Market Cap: HK$5.090b
  • Shares outstanding: 406.67m
  • Website: https://www1.asmpacific.com

Number of Employees


Location

  • ASM Pacific Technology Limited
  • 8 Cheung Fai Road
  • 19th Floor, Gateway ts
  • Tsing Yi
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASMV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
522SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
AY7ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
522SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
522SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
ASMV.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDNov 2008

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:44
End of Day Share Price2019/09/12 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.