ASM TECHNOLOGIES LTD. (ASMTEC) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of ASM TECHNOLOGIES LTD. ₹991, price ₹6,604, upside -85.0%, quality 44 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹108.37 – ₹7,018 · fair‑value band ₹733.31 – ₹1,239 · the ₹6,604 price screens above the ₹991.23 fair value. Dashed = 300-day average. As of Oct 2, 2026.
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ASM Technologies Limited, together with its subsidiaries, provides consulting and product development services in the areas of engineering services and design-led manufacturing sectors in India and internationally.
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ASM Technologies Limited, together with its subsidiaries, provides consulting and product development services in the areas of engineering services and design-led manufacturing sectors in India and internationally. The company offers automation solutions, including robot based automation, mechatronics, image based, overall system, and automated line solutions, as well as controller panel and related hardware/firmware development, and electrical/cable harnessing; cyber security services consisting of strategy and governance, advisory and compliance, audit and assessment, and managed security services; digital engineering services, including electrical and electronics, simulation, mechanical design, embedded systems and digital solutions, and product development; and engineering services, such as manufacturing engineering, system level design, product life cycle, productivity enhancement, prototype and manufacturing, sustenance life cycle, and embedded design. It also provides IT infrastructure services comprising computing, data network, ITSM and monitoring, desktop and storage, and front end services, as well as identity, security access, and messaging services. In addition, the company offers internet of things services, including smart buildings, air quality and health monitoring systems, and smart locks and bulbs; virtual and augmented reality services, such as content development, storyboard and visual storyboard development, 3D graphics and animations, hand gesture input integration with VR environment, gamification, virtual world/environment modeling and development, virtual lab for collaborative R&D, interactive virtual session development, and enhanced learning experience through 360° virtual interaction; and advanced driver assistance system related services. It serves automotive, avionics, high-tech, medical, and semiconductor sectors. ASM Technologies Limited was incorporated in 1992 and is headquartered in Bengaluru, India.
Stock analysis
ASM TECHNOLOGIES LTD. (ASMTEC) currently trades at ₹6,604, while our model-based Fair Value estimate is ₹991.23, 85.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹1,534 per share, and 0 of the 14 models we run sit above the ₹6,604 price.
Bear case: the Asset-Based group reads lowest at ₹141.01, and 14 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹733.31 (bear) to ₹1,239 (bull), the price of ₹6,604 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ASM TECHNOLOGIES LTD. reported revenue of ₹5.3B in FY2026 versus ₹1.9B in FY2022, a compound +28.9%/yr. Reported net income was ₹608M in FY2026, compounding +42.8%/yr from FY2022.
Key figures
Market cap ₹96.3B (≈ $1.0B) · P/E ratio 113.0 · P/S ratio 13.0 · EPS (TTM) ₹58.46 · Dividend yield 0.3% · Net margin 11.5% · Return on equity 25.7% · Return on assets (EBIT) 9.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 209% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 44% fair-value upside, at −85%, ASMTEC screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹141.01 to ₹1,975). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹733.31Fair Value ₹991.23Bull ₹1,239
Price ₹6,604 · Upside -85.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹19.45 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+83.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+30.9%
Start year 2021 (pandemic). Over 10 years: +23.7% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
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What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+35.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+34.7%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.39.5% vs 43.0%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 17%
2026 sits 169% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Information Technology Services · 462 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Bottom 25%
Fair Value upside−85.0% · Bottom 25%
Profitability
Return on equity (TTM)25.7% · Top 25%
Return on assets13.8% · Top 25%
Net margin (TTM)11.9% · Top 25%
Operating margin (TTM)20.7% · Top 25%
Growth and dividend
Revenue growth61.8% · Top 25%
Dividend yield (TTM)0.3% · Bottom 25%
Balance sheet
Debt / equity0.22× · Above median
Valuation Multiplesvs Information Technology Services median · lower = cheaper
P/E (TTM)113.0× · Priciest 25%
P/B31.38× · Priciest 25%
P/S (TTM)15.93× · Priciest 25%
EV/EBITDA84.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 42
FUTURE (revenue growth)100· sector 30
PAST (return on equity)100· sector 37
HEALTH (low debt)89· sector 97
DIVIDEND (yield)6· sector 41
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is ASM TECHNOLOGIES LTD. (ASMTEC) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹991.23 versus a price of ₹6,604, about −85% upside (overvalued).
What is the fair value of ASMTEC?
Our model-based fair value for ASM TECHNOLOGIES LTD. is ₹991.23 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹6,604.
What is the quality score of ASMTEC?
ASM TECHNOLOGIES LTD. has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ASM TECHNOLOGIES LTD. (ASMTEC)?
Our model-based price target is the fair value of ₹991.23 (as of Oct 2, 2026) from 14 valuation models. Cautious scenario ₹733.31, optimistic scenario ₹1,239. It is a calculation from audited fundamentals, not an analyst target.
What is the ASM TECHNOLOGIES LTD. stock forecast for 2026?
Our models put fair value at ₹991.23, about −85% upside versus a price of ₹6,604 (overvalued). Cautious scenario ₹733.31, optimistic scenario ₹1,239. The calculation is refreshed regularly with new filings.
What is the revenue of ASM TECHNOLOGIES LTD. (ASMTEC)?
ASM TECHNOLOGIES LTD. reported trailing-twelve-month revenue of about ₹6.0B (latest available figure, as of Oct 2, 2026).
Does ASM TECHNOLOGIES LTD. pay a dividend?
ASM TECHNOLOGIES LTD. currently shows a dividend yield of about 0.31% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of ASM TECHNOLOGIES LTD. (ASMTEC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ASM TECHNOLOGIES LTD. it is ₹991.23 per share (as of Oct 2, 2026), against a price of ₹6,604. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is ASM TECHNOLOGIES LTD. stock overvalued or undervalued in 2026?
As of Oct 2, 2026, ASMTEC trades above its calculated fair value: price ₹6,604, fair value ₹991.23, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ASMTEC?
No. The price is what the market pays today (₹6,604); the fair value is what the company's own numbers justify (₹991.23). For ASM TECHNOLOGIES LTD. the two are ₹5,612 per share apart. That gap is exactly why we show both numbers side by side.
How much is ASM TECHNOLOGIES LTD. worth?
The market values ASM TECHNOLOGIES LTD. at about ₹96.3B (market capitalisation, as of Oct 2, 2026). Per share that is ₹6,604; our models calculate a fair value of ₹991.23 per share.
What do the bullish and bearish scenarios say about ASMTEC?
Our models span a range for ASM TECHNOLOGIES LTD.: cautious scenario ₹733.31, base ₹991.23, optimistic ₹1,239 per share (as of Oct 2, 2026, price ₹6,604). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ASMTEC?
ASM TECHNOLOGIES LTD. trades at a price-to-earnings ratio of 113.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹991.23 is built from several models across several years. Other multiples: P/B 31.4, P/S 15.9, EV/EBITDA 84.7.
How solid is the balance sheet of ASM TECHNOLOGIES LTD. (ASMTEC)?
Balance-sheet figures for ASM TECHNOLOGIES LTD. (as of Oct 2, 2026): return on equity 25.7%, debt of 0.22 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is ASMTEC from its 52-week high?
ASM TECHNOLOGIES LTD. trades at ₹6,604, about 6% below its 52-week high of ₹7,018 and 209% above the low of ₹2,140 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹991.23 is for.
Which stocks are comparable to ASM TECHNOLOGIES LTD.?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ASM TECHNOLOGIES LTD. stock attractive at the current price?
The data as of Oct 2, 2026: price ₹6,604, calculated fair value ₹991.23 (−85%), Quality Score 44/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ASMTEC calculated?
We run ASM TECHNOLOGIES LTD. through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹991.23, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. ASM TECHNOLOGIES LTD. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ASM TECHNOLOGIES LTD. (ASMTEC)?
The closing price on Oct 1, 2026 was ₹6,604. Our model-based fair value is ₹991.23, about −85% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ASM TECHNOLOGIES LTD. right now?
The price sits above even our optimistic bull case (₹1,239). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of ASM TECHNOLOGIES LTD.
How large is the market capitalisation of ASM TECHNOLOGIES LTD. (ASMTEC)?
The market capitalisation of ASM TECHNOLOGIES LTD. is ₹96.3B (≈ $1.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ASM TECHNOLOGIES LTD. (ASMTEC)?
The price-to-sales ratio of ASM TECHNOLOGIES LTD. is 13.0 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ASM TECHNOLOGIES LTD. (ASMTEC)?
Earnings per share at ASM TECHNOLOGIES LTD. are ₹58.46 (price ÷ EPS = P/E 113.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ASM TECHNOLOGIES LTD. (ASMTEC)?
The dividend yield of ASM TECHNOLOGIES LTD. is 0.3% (payout 35.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ASM TECHNOLOGIES LTD. (ASMTEC)?
The net margin of ASM TECHNOLOGIES LTD. is 11.5% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ASM TECHNOLOGIES LTD. (ASMTEC)?
The return on equity (ROE) of ASM TECHNOLOGIES LTD. is 25.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ASM TECHNOLOGIES LTD. (ASMTEC)?
On an EBIT basis the return on assets of ASM TECHNOLOGIES LTD. is 9.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ASM TECHNOLOGIES LTD. (ASMTEC)?
The operating margin of ASM TECHNOLOGIES LTD. is 20.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ASM TECHNOLOGIES LTD. (ASMTEC)?
Revenue at ASM TECHNOLOGIES LTD. is growing +61.8% versus a year earlier (3y avg +33.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ASM TECHNOLOGIES LTD. (ASMTEC)?
Earnings per share at ASM TECHNOLOGIES LTD. are growing +72.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ASM TECHNOLOGIES LTD. (ASMTEC) generate?
The free cash flow of ASM TECHNOLOGIES LTD. is −₹252M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ASM TECHNOLOGIES LTD. (ASMTEC) carry?
The net debt of ASM TECHNOLOGIES LTD. is ₹1.1B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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