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ACM Research Inc.
ACMR
23.78 (0.00%) 0.00
1.49(B)
Information Technology
Semiconductors and Semiconductor Equipment
ACM Research Inc. together with its subsidiaries develops manufactures and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the SAPS TEBO ULTRA C ULTRA Fn Ultra ECP Ultra ECP map and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research Inc. was incorporated in 1998 and is headquartered in Fremont California.
Holdings:
Shares:
Cost basis:

ACM Research Inc. (ACMR) price target and intrinsic value estimate

ACMR's fair price estimate is $28.2

This valuation is based on a fair P/E of 14.2 and EPS estimates of $2.00

The median analyst price target for ACMR is $31.0.

Analyst price targets range from $18.0 to $38.0

Is ACMR overvalued or undervalued?

ACMR is currently trading at $23.78

ACMR is undervalued by 16% using the pevaluation method.

ACMR is undervalued by 23% compared to median analyst price targets.

Do you agree with this valuation?

Valuation

PEvaluation

Current price
$23.78
Fairly valued
Low
$21.2
Median
$28.2
High
$35.3
Fair P/E
Margin of safety

Analyst valuation

Current price
$23.78
Fairly valued
Low
$18.0
Median
$31.0
High
$38.0
Strong Buy3
Buy3
Hold2
Sell0
Strong Sell0

Discounted cash-flow

N/A
Negative FCF or FCF estimates
TTM FCFFCF est.Growth FCFTerminal FCF
Discount
rate
10%
Terminal
rate
5%
Growth p.
length
5y
Growth p.
rate
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$1.49(B)
Enterprise value:$1.47(B)
Total Equity:$1.07(B)
Shares outstanding:62.63(M)
Div. yield:0.00%
P/S:2.01
P/E:16.29
P/FCF:N/A
P/B:1.67
EPS:$1.5
FCF per share:$-0.9
Dividend per share:$0.0

Income (TTM)

RevenueGrossNet
Revenue$728.97(M)
Gross profit$359.81(M)
EBITDA$139.67(M)
Net income$90.25(M)
Gross margin49.4%
Net margin12.4%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$1.79(B)
Total liabilities$725.09(M)
Cash & Short-term inv.$374.13(M)
Long-term debt$106.07(M)
Debt issued$131.00(M)
Debt repaid$-42.89(M)

Cash flow (TTM)

CFOCFICFF
FCF$-57.89(M)
CapEx$-83.39(M)
Dividends paid$0
Stock issued$7.34(M)
Stock repurchased$0
Stock-based comp.$53.46(M)

Future Growth

Revenue

CAGR: 18.4%
FY+1FY+2FY+3FY+4FY+5
FY+1$761.76(M)
FY+2$911.26(M)
FY+3$1.05(B)
FY+4$1.26(B)
FY+5$1.50(B)

Net Income

CAGR: 1.5%
FY+1FY+2FY+3
FY+1$139.32(M)
FY+2$131.17(M)
FY+3$143.40(M)

EPS

CAGR: -0.5%
FY+1FY+2FY+3
FY+1$2.10
FY+2$2.05
FY+3$2.08

FCF per share

No analyst estimates.

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Historical Financials

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