ACMR logo
ACM Research Inc.
ACMR
31.51 (-5.02%) 1.58
Information Technology
Semiconductors and Semiconductor Equipment
ACM Research Inc. together with its subsidiaries develops manufactures and sells capital equipment worldwide. 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; Ultra C SAPS II and Ultra C SAPS V which are a single-wafer serial-processing tool used to remove random defects from wafer surfaces or interconnects and barrier metals as part of the chip front-end fabrication process or for recycling test wafers; and Ultra C TEBO II and Ultra C TEBO V a single-wafer serial-processing tool used at numerous manufacturing processing steps for cleaning of chips at process nodes of 28nm or less. In addition it offers Ultra-C Tahoe wafer cleaning tool that delivers high cleaning performance using significantly less sulfuric acid and hydrogen peroxide than is typically consumed by conventional high-temperature single-wafer cleaning tools; and advanced packaging tools such as coaters developers photoresist strippers scrubbers wet etchers and copper-plating tools. Further the company provides e Ultra fn Furnace a dry processing tool; Ultra Pmax™ PECVD tool for film uniformity; Ultra Track tool a 300mm process tool that delivers air downflow robot handling and customizable software to address specific customer requirements; and a suite of semi-critical cleaning systems which include single wafer back side cleaning scrubber and auto bench cleaning tools. 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: $2.04(B)
EV: $1.66(B)
Total Equity: $1.89(B)
Earnings date: Feb-27-2026
P/E: 17.13
Forward P/E: 16.08
P/FCF: N/A
P/S: 2.28
P/B: 1.43
EPS: $1.8
EPS (fwd): $2.0
FCF/share: $-0.1
Revenue/share: $13.8
Book value/share: $22.1
ROIC: 5.8%
ROA: 5.1%
ROE: 10.1%
Debt/Equity: 0.16
Current Ratio: 3.50
Gross margin: 46.7%
Operating margin: 14.8%
Net margin: 13.3%
Dividend/share: $0.0
Div. yield: 0.00%

ACMR Valuation & Price Targets

Current Price
$31.5

Favorite Valuation Methods

More Valuation Methods

DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
DDM
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
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PEvaluation

33% overvalued
Low
$15.7
Mid
$21.0
High
$26.2
Current price
$31.5
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow

EPS Estimates

LowAvgHigh#
FY+11.92.02.03
FY+22.02.22.44

Analyst Price Targets

27% undervalued
Low
$35.0
Mid
$40.0
High
$48.5
Current price
$31.5

Analyst Recommendations

Strong Buy2
Buy6
Hold1
Sell0
Strong Sell0

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Final Growth Rate
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate