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ACM Research Inc.
ACMR
79.41 (-2.83%) 2.25
Information Technology
Semiconductors and Semiconductor Equipment
ACM Research Inc. together with its subsidiaries develops manufactures and sells capital equipment in Mainland China and internationally. It also develops manufactures and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating furnace PECVD and track platforms; Space Alternated Phase Shift technology for flat and wafer surfaces; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment such as coaters developers photoresist strippers scrubbers wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper which removes photoresist; Ultra C Scrubber which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher which etches silicon wafers and copper and titanium interconnects. In addition the company provides ECP technology for advanced metal plating; Ultra fn Furnace a dry processing tool; Ultra Pmax PECVD tools a proprietary designed chamber gas distribution unit and chuck; and Ultra Track a 300mm process tool that delivers uniform air downflow fast robot handling and configurable software to address specific customer requirements. It 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.

Quality Checklist 6/8

Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
5Y Shares Out Change < 0%
ROIC > 10%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Market cap: $5.53(B)
EV: $4.99(B)
Total Equity: $2.41(B)
Earnings date: Nov-06-2026
P/E: 34.83
Forward P/E: 39.51
P/FCF: N/A
P/S: 5.04
P/B: 2.97
EPS: $2.3
EPS (fwd): $2.0
FCF/share: $-1.7
Revenue/share: $15.8
Book value/share: $26.7
ROIC: 5.8%
ROA: 5.1%
ROE: 10.1%
Debt/Equity: 0.15
Current Ratio: 3.70
Gross margin: 43.8%
Operating margin: 14.8%
Net margin: 14.5%
Dividend/share: $0.0
Div. yield: 0.00%

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$1.04(B)
Gross profit$454.91(M)
EBITDA$159.62(M)
Net income$150.23(M)
Gross margin43.8%
Operating margin14.8%
Net margin14.5%
Shares outstanding69.65(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$3.40(B)
Current assets$2.87(B)
Total liabilities$994.12(M)
Current liabilities$786.26(M)
Cash & Short-term inv.$1.44(B)
Long-term debt$192.90(M)
Total intangibles$2.52(M)
PP&E$401.23(M)

Cash flow (TTM)

CFOCFICFF
FCF$-118.74(M)
CapEx$-112.14(M)
Dividends paid$0
Stock issued$813.32(M)
Stock repurchased$-6.99(M)
Stock-based comp.$26.19(M)
Debt issued$239.54(M)
Debt repaid$-191.41(M)

Per share data (TTM)

Price: $79.4
Revenue: $15.8 (5.0x | 19.9%) Gross profit: $6.53 (12.2x | 8.2%) Earnings: $2.28 (34.8x | 2.9%)
FCF: $-1.70 (-46.7x | -2.1%) Stock-based Comp.: $0.38 (211.2x | 0.5%) CapEx.: $1.61 (49.3x | 2.0%) Dividend: $0.00 (N/A | 0.0%)
Total Assets: $48.8 (1.6x | 61.5%) Total Liabilities: $14.3 (5.6x | 18.0%) Book Value: $26.7 (3.0x | 33.6%) Cash & ST inv.: $20.7 (3.8x | 26.0%) Debt: $2.77 (28.7x | 3.5%)
Earnings FY+1: $2.01 (39.5x | 2.5%) Earnings FY+2: $2.71 (29.3x | 3.4%) Earnings FY+3: $3.92 (20.3x | 4.9%)
FCF FY+1: $-0.96 (-82.5x | -1.2%) FCF FY+2: $-1.90 (-41.9x | -2.4%) FCF FY+3: $2.31 (34.3x | 2.9%) FCF FY+4: $2.79 (28.5x | 3.5%) FCF FY+5: $3.79 (21.0x | 4.8%)

Summary