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大行評級|美銀:上調ASMPT目標價至130港元 重申“買入”評級
格隆匯 04-26 10:58
美銀證券發表報吿指出,ASMPT行政總裁黃梓達在今年首季財報會議上,對熱壓焊接(TCB)及混合式焊接(HB)業務提供積極的展望,基於三大理由包括人工智能芯片需求強勁增長;利用更先進的TCB擴大高頻寬存儲器(HBM)容量;確認HB訂單。該行基於對傳統設備銷售預測下調,將ASMPT今年每股盈利預測下調26%,但由於TCB訂單增加,將明年每股盈測上調5%。另預期公司2025及2026年每股盈利預測復甦至分別6港元及8港元,相對於2023及2024年的2港元及3港元。考慮人工智能主題,該行上調估值基礎,由原先預測今明兩年合併市賬率2.8倍上調至3.1倍,接近3.3倍的歷史高位。該行將ASMPT目標價相應由117港元上調至130港元,重申“買入”評級。
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