An excellent opportunity to collect at the current price range

ASM Automation has sold hundreds of machines over recent years and has over a decade of industry experience, building a reputation for bespoke automation in F&B production

ASM Automation operates within the industrial automation and machinery manufacturing sector, which plays a critical role in modern food production by bringing higher efficiency, lower costs, and better quality control to manufacturing lines

ASM Automation recorded revenue of RM14.14 million and profit of RM2.68 million . If excluding one-off listing expenses of RM1.70 million, the net profit margin for current quarter is about 31%!

The market seems to favor the mechanical solutions industry in the F&B sector

15 times is the forward P/E ratio, based on the midpoint earnings per share of 1.38 sen in FY2026

Malacca Securities’ fair valuation for ASM is RM0.21 per share, representing a 23.5% upside from its IPO price of RM0.17

https://www.businesstoday.com.my/2025/06/10/analyst-upbeat-on-asm-system-ace-market-debut-assigns-23-fair-value-upside/

ASM will raise approximately RM21.82 million from the IPO, which will be used for the following purposes:

- RM11.40 million for the acquisition of land and construction of a new factory to increase production and assembly capacity.
- RM2.30 million for purchase of machines and purchase of equipment and components for the assembly of demonstration machineries to support operational growth and customer engagement.
- RM2.00 million for Design & Development (“D&D”) activities to enhance research and development capabilities.
- RM1.92 million for working capital to support day-to-day operations.
- RM4.20 million for listing expenses.