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ACM Research Inc.
ACMR
49.50 (-2.15%) 1.07
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: $3.25(B)
EV: $2.55(B)
Total Equity: $1.93(B)
Earnings date: May-06-2026
P/E: 33.67
Forward P/E: 27.65
P/FCF: N/A
P/S: 3.53
P/B: 2.22
EPS: $1.5
EPS (fwd): $1.8
FCF/share: $-1.0
Revenue/share: $14.0
Book value/share: $22.3
ROIC: 5.8%
ROA: 5.1%
ROE: 10.1%
Debt/Equity: 0.15
Current Ratio: 3.30
Gross margin: 44.4%
Operating margin: 14.8%
Net margin: 10.4%
Dividend/share: $0.0
Div. yield: 0.00%

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$901.31(M)
Gross profit$400.07(M)
EBITDA$125.76(M)
Net income$94.08(M)
Gross margin44.4%
Operating margin14.8%
Net margin10.4%
Shares outstanding65.73(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$2.87(B)
Current assets$2.44(B)
Total liabilities$941.68(M)
Current liabilities$745.71(M)
Cash & Short-term inv.$1.16(B)
Long-term debt$178.93(M)
Total intangibles$2.85(M)
PP&E$332.75(M)

Cash flow (TTM)

CFOCFICFF
FCF$-66.61(M)
CapEx$-56.28(M)
Dividends paid$0
Stock issued$657.73(M)
Stock repurchased$-6.99(M)
Stock-based comp.$33.58(M)
Debt issued$206.66(M)
Debt repaid$-107.58(M)

Per share data (TTM)

Price: $49.5
Revenue: $14.0 (3.5x | 28.4%) Gross profit: $6.09 (8.1x | 12.3%) Earnings: $1.47 (33.7x | 3.0%)
FCF: $-1.02 (-48.5x | -2.1%) Stock-based Comp.: $0.51 (96.9x | 1.0%) CapEx.: $0.86 (57.8x | 1.7%) Dividend: $0.00 (N/A | 0.0%)
Total Assets: $43.7 (1.1x | 88.3%) Total Liabilities: $14.3 (3.5x | 28.9%) Book Value: $22.3 (2.2x | 45.1%) Cash & ST inv.: $17.6 (2.8x | 35.6%) Debt: $2.72 (18.2x | 5.5%)
Earnings FY+1: $1.79 (27.7x | 3.6%) Earnings FY+2: $2.28 (21.7x | 4.6%)
FCF FY+1: $0.08 (586.2x | 0.2%) FCF FY+2: $-0.50 (-99.0x | -1.0%) FCF FY+3: $1.67 (29.7x | 3.4%) FCF FY+4: $1.82 (27.3x | 3.7%) FCF FY+5: $2.99 (16.6x | 6.0%)

Summary