ACM RESEARCH INC-CLASS A (ACMR) Stock Fundamental Analysis
NASDAQ:ACMR - Nasdaq - US00108J1097 - Common Stock - Currency: USD
Taking everything into account, ACMR scores 5 out of 10 in our fundamental rating. ACMR was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. ACMR has only an average score on both its financial health and profitability. ACMR is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
ACMR had positive earnings in the past year.
ACMR had a positive operating cash flow in the past year.
ACMR had positive earnings in each of the past 5 years.
In the past 5 years ACMR reported 4 times negative operating cash flow.
1.2 Ratios
ACMR's Return On Assets of 5.50% is fine compared to the rest of the industry. ACMR outperforms 70.00% of its industry peers.
ACMR has a better Return On Equity (11.21%) than 74.55% of its industry peers.
With a decent Return On Invested Capital value of 9.27%, ACMR is doing good in the industry, outperforming 79.09% of the companies in the same industry.
ACMR had an Average Return On Invested Capital over the past 3 years of 7.59%. This is below the industry average of 10.86%.
The 3 year average ROIC (7.59%) for ACMR is below the current ROIC(9.27%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 11.21% | ||
| ROIC | 9.27% |
ROA(3y)4.65%
ROA(5y)4.61%
ROE(3y)9.12%
ROE(5y)9.25%
ROIC(3y)7.59%
ROIC(5y)6.61%
1.3 Margins
ACMR has a better Profit Margin (13.26%) than 71.82% of its industry peers.
ACMR's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 18.94%, ACMR is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
ACMR's Operating Margin has improved in the last couple of years.
ACMR's Gross Margin of 49.23% is in line compared to the rest of the industry. ACMR outperforms 60.00% of its industry peers.
In the last couple of years the Gross Margin of ACMR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.94% | ||
| PM (TTM) | 13.26% | ||
| GM | 49.23% |
OM growth 3Y9.03%
OM growth 5Y3.12%
PM growth 3Y-3.07%
PM growth 5Y-5.5%
GM growth 3Y4.22%
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ACMR is destroying value.
The number of shares outstanding for ACMR has been increased compared to 1 year ago.
The number of shares outstanding for ACMR has been increased compared to 5 years ago.
The debt/assets ratio for ACMR is higher compared to a year ago.
2.2 Solvency
ACMR has an Altman-Z score of 2.45. This is not the best score and indicates that ACMR is in the grey zone with still only limited risk for bankruptcy at the moment.
ACMR has a Altman-Z score of 2.45. This is comparable to the rest of the industry: ACMR outperforms 40.91% of its industry peers.
The Debt to FCF ratio of ACMR is 2.52, which is a good value as it means it would take ACMR, 2.52 years of fcf income to pay off all of its debts.
ACMR's Debt to FCF ratio of 2.52 is fine compared to the rest of the industry. ACMR outperforms 65.45% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that ACMR is not too dependend on debt financing.
ACMR's Debt to Equity ratio of 0.17 is in line compared to the rest of the industry. ACMR outperforms 48.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.52 | ||
| Altman-Z | 2.45 |
ROIC/WACC0.82
WACC11.28%
2.3 Liquidity
ACMR has a Current Ratio of 2.46. This indicates that ACMR is financially healthy and has no problem in meeting its short term obligations.
ACMR's Current ratio of 2.46 is on the low side compared to the rest of the industry. ACMR is outperformed by 62.73% of its industry peers.
ACMR has a Quick Ratio of 1.49. This is a normal value and indicates that ACMR is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ACMR (1.49) is worse than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
ACMR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.80%.
Measured over the past years, ACMR shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.35% on average per year.
ACMR shows a strong growth in Revenue. In the last year, the Revenue has grown by 40.23%.
ACMR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 48.72% yearly.
EPS 1Y (TTM)5.8%
EPS 3Y52.55%
EPS 5Y42.35%
EPS Q2Q%-1.82%
Revenue 1Y (TTM)40.23%
Revenue growth 3Y44.39%
Revenue growth 5Y48.72%
Sales Q2Q%6.37%
3.2 Future
The Earnings Per Share is expected to grow by 3.55% on average over the next years.
Based on estimates for the next years, ACMR will show a quite strong growth in Revenue. The Revenue will grow by 16.65% on average per year.
EPS Next Y1.89%
EPS Next 2Y3.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.12%
Revenue Next 2Y18.76%
Revenue Next 3Y18.8%
Revenue Next 5Y16.65%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.32, the valuation of ACMR can be described as very reasonable.
Based on the Price/Earnings ratio, ACMR is valued cheaply inside the industry as 96.36% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.85. ACMR is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.22, the valuation of ACMR can be described as reasonable.
Based on the Price/Forward Earnings ratio, ACMR is valued cheaper than 96.36% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.98. ACMR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
94.55% of the companies in the same industry are more expensive than ACMR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACMR indicates a rather cheap valuation: ACMR is cheaper than 86.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.52 | ||
| EV/EBITDA | 7.85 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ACMR may justify a higher PE ratio.
PEG (NY)6
PEG (5Y)0.27
EPS Next 2Y3.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ACMR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:ACMR (8/20/2025, 12:45:19 PM)
24.78
-0.29 (-1.16%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners69.39%
Inst Owner Change2.66%
Ins Owners5.53%
Ins Owner Change0.95%
Market Cap1.58B
Analysts81.43
Price Target36.3 (46.49%)
Short Float %6.3%
Short Ratio3.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.31%
Min EPS beat(2)22.75%
Max EPS beat(2)41.87%
EPS beat(4)4
Avg EPS beat(4)46.12%
Min EPS beat(4)22.75%
Max EPS beat(4)65.81%
EPS beat(8)8
Avg EPS beat(8)93.35%
EPS beat(12)12
Avg EPS beat(12)967.56%
EPS beat(16)14
Avg EPS beat(16)712.87%
Revenue beat(2)2
Avg Revenue beat(2)7.3%
Min Revenue beat(2)2.19%
Max Revenue beat(2)12.4%
Revenue beat(4)4
Avg Revenue beat(4)10.24%
Min Revenue beat(4)2.19%
Max Revenue beat(4)21.75%
Revenue beat(8)7
Avg Revenue beat(8)9.33%
Revenue beat(12)11
Avg Revenue beat(12)11.86%
Revenue beat(16)12
Avg Revenue beat(16)7.58%
PT rev (1m)1.81%
PT rev (3m)-0.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.87%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.32 | ||
| Fwd PE | 10.22 | ||
| P/S | 1.97 | ||
| P/FCF | 17.52 | ||
| P/OCF | 9.45 | ||
| P/B | 1.67 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 7.85 |
EPS(TTM)2.19
EY8.84%
EPS(NY)2.42
Fwd EY9.78%
FCF(TTM)1.41
FCFY5.71%
OCF(TTM)2.62
OCFY10.58%
SpS12.56
BVpS14.86
TBVpS14.82
PEG (NY)6
PEG (5Y)0.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 11.21% | ||
| ROCE | 11.64% | ||
| ROIC | 9.27% | ||
| ROICexc | 14.73% | ||
| ROICexgc | 14.78% | ||
| OM | 18.94% | ||
| PM (TTM) | 13.26% | ||
| GM | 49.23% | ||
| FCFM | 11.26% |
ROA(3y)4.65%
ROA(5y)4.61%
ROE(3y)9.12%
ROE(5y)9.25%
ROIC(3y)7.59%
ROIC(5y)6.61%
ROICexc(3y)11.47%
ROICexc(5y)11.39%
ROICexgc(3y)11.51%
ROICexgc(5y)11.42%
ROCE(3y)9.71%
ROCE(5y)8.55%
ROICexcg growth 3Y8.64%
ROICexcg growth 5Y4.84%
ROICexc growth 3Y8.55%
ROICexc growth 5Y4.8%
OM growth 3Y9.03%
OM growth 5Y3.12%
PM growth 3Y-3.07%
PM growth 5Y-5.5%
GM growth 3Y4.22%
GM growth 5Y1.2%
F-Score5
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 2.52 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 736.33% | ||
| Cap/Sales | 9.6% | ||
| Interest Coverage | 30.83 | ||
| Cash Conversion | 103.06% | ||
| Profit Quality | 84.93% | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 2.45 |
F-Score5
WACC11.28%
ROIC/WACC0.82
Cap/Depr(3y)1126.77%
Cap/Depr(5y)1047%
Cap/Sales(3y)15.44%
Cap/Sales(5y)11.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.8%
EPS 3Y52.55%
EPS 5Y42.35%
EPS Q2Q%-1.82%
EPS Next Y1.89%
EPS Next 2Y3.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)40.23%
Revenue growth 3Y44.39%
Revenue growth 5Y48.72%
Sales Q2Q%6.37%
Revenue Next Year22.12%
Revenue Next 2Y18.76%
Revenue Next 3Y18.8%
Revenue Next 5Y16.65%
EBIT growth 1Y35.73%
EBIT growth 3Y57.43%
EBIT growth 5Y53.36%
EBIT Next Year11.61%
EBIT Next 3Y13.48%
EBIT Next 5Y11.92%
FCF growth 1Y153.47%
FCF growth 3YN/A
FCF growth 5Y51.73%
OCF growth 1Y357.71%
OCF growth 3YN/A
OCF growth 5Y74.58%