ASM Technologies Ltd - Stock Valuation and Financial Performance

BSE: 526433 | NSE: | IT - Software | Small Cap

ASM Technology Share Price

957 -8.00 -0.83%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on ASM Technology

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

ASM Technologies stock performance -

mw4me loader
P/E Ratio (SA):
157.09
Market Cap:
1,136.2 Cr.
52-wk low:
365.5
52-wk high:
1,118

Is ASM Technologies Ltd an attractive stock to invest in?

1. Is ASM Technologies Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that ASM Technologies Ltd is a average quality company.

2. Is ASM Technologies Ltd undervalued or overvalued?

The key valuation ratios of ASM Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is ASM Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of ASM Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of ASM Technology:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
ASM Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 19.3%15.3%5.3%11.5%6.7%9%2.2%18.3%18.8%17.4%-
Value Creation
Index
0.40.1-0.6-0.2-0.5-0.4-0.80.30.30.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10410963.174.276.276.183.8113141139122
Sales YoY Gr.-4.8%-42.4%17.7%2.7%-0.2%10.2%35%24.6%-1.4%-
Adj EPS 8.271.663.44.90.812.41617.86.1
YoY Gr.--14.4%-76.9%272.8%-43.7%42.7%-84.3%1525%29.9%11%-
BVPS (₹) 38.644.352.548.449.152.651.760.271.484.676.9
Adj Net
Profit
8.97.61.86.53.75.20.813.41617.87
Cash Flow from Ops. 4.91.9-6.2280.40.8-9.910.77.9-2.9-
Debt/CF from Ops. 4.113-2.801911.3-1.52.34.2-16.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.2%12.8%18.4%-1.4%
Adj EPS 9%39.3%186.1%11%
BVPS9.1%11.5%17.9%18.5%
Share Price 37.3% 81.3% 113% 128.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
23.616.93.31279.51.522.123.522.87.6
Op. Profit
Mgn %
14.715.20.815.497.93.916.315.216.75
Net Profit
Mgn %
8.56.92.88.84.86.9111.811.412.85.9
Debt to
Equity
0.50.50.300.20.20.30.40.50.6-
Working Cap
Days
152191379213104131169162154203155
Cash Conv.
Cycle
11211610433557177889112087

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.40%

Return on Equity has declined versus last 3 years average to 7.60%

Sales growth is not so good in last 4 quarters at -15.50%

Latest Financials - ASM Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 6.1 -1.1
TTM Sales (₹ Cr.) 122 209
BVPS (₹.) 76.9 63
Reserves (₹ Cr.) 79 62
P/BV 12.54 15.32
PE 157.09 0.00
From the Market
52 Week Low / High (₹) 365.50 / 1118.00
All Time Low / High (₹) 0.81 / 1118.00
Market Cap (₹ Cr.) 1,136
Equity (₹ Cr.) 11.8
Face Value (₹) 10
Industry PE 34.2

Management X-Ray of ASM Technology:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of ASM Technology

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1041096374767684113141139
Operating Expenses 8993636369718296124122
Manufacturing Costs2113126567767
Material Costs0000000000
Employee Cost 59683645515260739487
Other Costs 9131412131316162428
Operating Profit 1517111752171718
Operating Profit Margin (%) 14.7%15.2%0.8%15.4%8.9%6.9%2.1%15.4%12.3%12.7%
Other Income 22912643610
Interest 2431011234
Depreciation 1222112122
Exceptional Items 00160000000
Profit Before Tax 14132110792181922
Tax 4573421556
Profit After Tax 108147471131316
PAT Margin (%) 9.5%7.6%21.4%9.2%4.8%9.2%1.3%11.2%9.3%11.1%
Adjusted EPS (₹)9.17.712.56.33.46.51.011.713.215.5
Dividend Payout Ratio (%)14%12%29%37%69%43%115%55%65%45%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 42485752535756657185
Share Capital 5555555101010
Reserves 37435247485251556175
Minority Interest0000000000
Debt20251718914233143
Long Term Debt14200058612
Short Term Debt1922161899152531
Trade Payables2340001173
Others Liabilities 1212160215111113
Total Liabilities 75889454636775100120144

Fixed Assets

Gross Block14161688911111521
Accumulated Depreciation57923467911
Net Fixed Assets99766555710
CWIP 0000000000
Investments 88822322517354037
Inventories0000000000
Trade Receivables4134910141621374561
Cash Equivalents 79116176889
Others Assets1029589101427162127
Total Assets 75889454636775100120144

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 52-62801-10118-3
PBT 10132110792181922
Adjustment 14-142003048
Changes in Working Capital -6-10-619-3-6-9-11-11-28
Tax Paid 0-5-7-3-4-3-64-3-5
Cash Flow From Investing Activity -1-217-11-427-15-3-3
Capex -1-200-25-10-1-4
Net Investments 0017-14-728-14-4-1
Others 11146-60021
Cash Flow From Financing Activity -50-10-194-324-56
Net Proceeds from Shares 0000000003
Net Proceeds from Borrowing -15-2-20064-28
Interest Paid -2-4-3-1-1-1-1-2-3-4
Dividend Paid -2-1-4-2-3-3-2-3-9-6
Others 00-1-1571-1594
Net Cash Flow 001-200-1000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)26.318.4825.8412.476.912.81.9320.9219.3119.88
ROCE (%)29.9724.8732.4817.1212.915.575.0324.7822.3521.88
Asset Turnover Ratio1.561.340.691.011.31.171.181.291.281.05
PAT to CFO Conversion(x)0.50.25-0.43400.14-100.850.62-0.19
Working Capital Days
Receivable Days1181261274757738092105139
Inventory Days0000000000
Payable Days0000000000

ASM Technologies Ltd Stock News

ASM Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ASM Technology on 12-Apr-2024 10:20 is ₹957.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 10:20 the market cap of ASM Technology stood at ₹1,136.2.
The latest P/E ratio of ASM Technology as of 12-Apr-2024 10:20 is 157.1.
The latest P/B ratio of ASM Technology as of 12-Apr-2024 10:20 is 12.54.
The 52-week high of ASM Technology is ₹1,118 and the 52-week low is ₹365.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ASM Technology is ₹122.1 ( Cr.) .

About ASM Technologies Ltd

ASM Technologies, established in 1992, is a pioneer in providing world-class consulting services in enterprise solutions for the Packaged ERP products and in enterprise product development for SMB segment and in technology solutions covering embedded systems and system software to its global clientele.

ASM offers a broad spectrum of enterprise services such as configuration, implementation, customization, end-user training and documentation, post implementation support and maintenance across leading commercial off-the-shelf products like SAP, Oracle Applications, PeopleSoft, JD Edwards and Microsoft Enterprise products.

The company has been providing consulting services (product engineering, development, product support, porting, testing and test automation) to its global clientele in the embedded software and system software space.

ASM has been running ODCs, both in India and overseas successfully for its international clients providing cost effective onsite, offsite and offshore services through a team of experienced engineers and consultants with extensive technical and domain expertise, which reinforces its ability to provide solutions to client needs.

A company promoted by technocrats, ASM was offered IPO status as far back as 1994, and is listed on the Bombay and Bangalore Stock Exchange. With over 545 employees worldwide (as on 30th June 2008), the company has development centres in Bangalore (India), Singapore, Chicago, Toledo and Tampa (USA), and London (UK).

Milestones:

• Publicly listed company in India • 545 employees worldwide• Global presence - offices in India, Singapore, USA (Chicago, Toledo and Tampa), Japan & UK • Focus on enterprise applications and technology solutions • Certified in ISO-9001:2000 and assessed at CMMI Maturity Level 3 for all its development & support operations • Development centres in India (Bangalore), Singapore, and USA (Chicago)• Successful offshore development & support centres in India and overseas • Industry Verticals: Manufacturing, Oil & Gas, Consumer Electronics, Growth Industries, Telecom, Public Utilities & Retail • 52% of customers Fortune 500 • 78% of the customers are Global 2000 • 92% of business is “Repeat Business” • 500+ person-years of product engineering • Technology transfer to 15 OEMs -- $120 million worth products deployed • Involved in engineering 45+ products and 120+ product releases

Services:

1. Enterprise Applications -- SAP, Oracle Applications, PeopleSoft & J D Edwards, Microsoft Dynamics, Business Process Management, Internet Applications, Outsourced Product Development, White Papers                        

2. Technology Solutions -- System Software, Embedded Systems, Network & Telecom, Engineering Services, Outsourced Product Development

Group Companies:     

ASM Technologies (India), Pinnacle Talent Inc (USA), Advanced Synergic (Singapore) and ESR Associates Inc (USA)

Partners:

• Cincom• ORACLE• Microsoft• SAP

Clients:

Bharat Petroleum, ConocoPhilips, Coca Cola, IBM, MeadWesta, DTE Energy, HP, Infoblox, etc.

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