30.03 USD
+0.36 (+1.21%)
30.41 USD
+0.38 (+1.27%)
ACMR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. ACMR has only an average score on both its financial health and profitability. ACMR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ACMR was profitable.
In the past year ACMR had a positive cash flow from operations.
ACMR had positive earnings in each of the past 5 years.
ACMR had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.23%, ACMR is in the better half of the industry, outperforming 69.64% of the companies in the same industry.
With a decent Return On Equity value of 8.17%, ACMR is doing good in the industry, outperforming 70.54% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.95%, ACMR is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ACMR is below the industry average of 10.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 8.17% | ||
| ROIC | 4.95% |
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's Profit Margin of 13.30% is fine compared to the rest of the industry. ACMR outperforms 75.89% of its industry peers.
ACMR's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 14.81%, ACMR is doing good in the industry, outperforming 74.11% of the companies in the same industry.
ACMR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 46.68%, ACMR is in line with its industry, outperforming 56.25% of the companies in the same industry.
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 | 14.81% | ||
| PM (TTM) | 13.3% | ||
| GM | 46.68% |
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.
ACMR has more shares outstanding than it did 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 2.25. 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.
With a Altman-Z score value of 2.25, ACMR is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
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 51.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.25 |
ROIC/WACC0.47
WACC10.46%
2.3 Liquidity
A Current Ratio of 3.48 indicates that ACMR has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.48, ACMR is in line with its industry, outperforming 59.82% of the companies in the same industry.
ACMR has a Quick Ratio of 2.48. This indicates that ACMR is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.48, ACMR is doing good in the industry, outperforming 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.48 | ||
| Quick Ratio | 2.48 |
3. Growth
3.1 Past
ACMR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.86%.
The Earnings Per Share has been growing by 42.35% on average over the past years. This is a very strong growth
The Revenue has grown by 20.77% in the past year. This is a very strong growth!
The Revenue has been growing by 48.72% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-9.86%
EPS 3Y52.55%
EPS 5Y42.35%
EPS Q2Q%-42.86%
Revenue 1Y (TTM)20.77%
Revenue growth 3Y44.39%
Revenue growth 5Y48.72%
Sales Q2Q%31.96%
3.2 Future
Based on estimates for the next years, ACMR will show a small growth in Earnings Per Share. The EPS will grow by 0.85% on average per year.
ACMR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.65% yearly.
EPS Next Y-3.8%
EPS Next 2Y0.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.34%
Revenue Next 2Y19.04%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.64, which indicates a correct valuation of ACMR.
Based on the Price/Earnings ratio, ACMR is valued cheaply inside the industry as 91.96% of the companies are valued more expensively.
ACMR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.47.
A Price/Forward Earnings ratio of 13.06 indicates a correct valuation of ACMR.
ACMR's Price/Forward Earnings ratio is rather cheap when compared to the industry. ACMR is cheaper than 91.96% of the companies in the same industry.
ACMR is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.64 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ACMR is valued cheaper than 96.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y0.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ACMR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30.03
+0.36 (+1.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners70.05%
Inst Owner Change8.22%
Ins Owners5.53%
Ins Owner Change-19.43%
Market Cap1.92B
Revenue(TTM)880.35M
Net Income(TTM)117.11M
Analysts81.43
Price Target42.48 (41.46%)
Short Float %8.08%
Short Ratio2.23
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)1
Avg EPS beat(2)-14.17%
Min EPS beat(2)-33.69%
Max EPS beat(2)5.36%
EPS beat(4)3
Avg EPS beat(4)9.07%
Min EPS beat(4)-33.69%
Max EPS beat(4)41.87%
EPS beat(8)7
Avg EPS beat(8)44.56%
EPS beat(12)11
Avg EPS beat(12)929.34%
EPS beat(16)14
Avg EPS beat(16)710.89%
Revenue beat(2)1
Avg Revenue beat(2)-0.01%
Min Revenue beat(2)-5.49%
Max Revenue beat(2)5.48%
Revenue beat(4)3
Avg Revenue beat(4)3.65%
Min Revenue beat(4)-5.49%
Max Revenue beat(4)12.4%
Revenue beat(8)7
Avg Revenue beat(8)6.69%
Revenue beat(12)10
Avg Revenue beat(12)7.01%
Revenue beat(16)13
Avg Revenue beat(16)7.89%
PT rev (1m)11.74%
PT rev (3m)17.25%
EPS NQ rev (1m)-21.41%
EPS NQ rev (3m)-24.59%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-7.3%
Revenue NQ rev (3m)-7.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.64 | ||
| Fwd PE | 13.06 | ||
| P/S | 2.18 | ||
| P/FCF | N/A | ||
| P/OCF | 43.24 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 6.67 |
EPS(TTM)1.92
EY6.39%
EPS(NY)2.3
Fwd EY7.65%
FCF(TTM)-0.19
FCFYN/A
OCF(TTM)0.69
OCFY2.31%
SpS13.79
BVpS22.43
TBVpS22.39
PEG (NY)N/A
PEG (5Y)0.37
Graham Number31.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.23% | ||
| ROE | 8.17% | ||
| ROCE | 6.23% | ||
| ROIC | 4.95% | ||
| ROICexc | 10.49% | ||
| ROICexgc | 10.52% | ||
| OM | 14.81% | ||
| PM (TTM) | 13.3% | ||
| GM | 46.68% | ||
| FCFM | N/A |
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%
ROICexgc growth 3Y8.64%
ROICexgc 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-Score3
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.66 | ||
| Cap/Depr | 420.62% | ||
| Cap/Sales | 6.38% | ||
| Interest Coverage | 20.39 | ||
| Cash Conversion | 30.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.48 | ||
| Quick Ratio | 2.48 | ||
| Altman-Z | 2.25 |
F-Score3
WACC10.46%
ROIC/WACC0.47
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)-9.86%
EPS 3Y52.55%
EPS 5Y42.35%
EPS Q2Q%-42.86%
EPS Next Y-3.8%
EPS Next 2Y0.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.77%
Revenue growth 3Y44.39%
Revenue growth 5Y48.72%
Sales Q2Q%31.96%
Revenue Next Year21.34%
Revenue Next 2Y19.04%
Revenue Next 3Y18.8%
Revenue Next 5Y16.65%
EBIT growth 1Y-0.13%
EBIT growth 3Y57.43%
EBIT growth 5Y53.36%
EBIT Next Year-2.09%
EBIT Next 3Y13.48%
EBIT Next 5Y11.92%
FCF growth 1Y92.83%
FCF growth 3YN/A
FCF growth 5Y51.73%
OCF growth 1Y208.77%
OCF growth 3YN/A
OCF growth 5Y74.58%
ACM RESEARCH INC-CLASS A / ACMR FAQ
What is the ChartMill fundamental rating of ACM RESEARCH INC-CLASS A (ACMR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ACMR.
What is the valuation status for ACMR stock?
ChartMill assigns a valuation rating of 4 / 10 to ACM RESEARCH INC-CLASS A (ACMR). This can be considered as Fairly Valued.
How profitable is ACM RESEARCH INC-CLASS A (ACMR) stock?
ACM RESEARCH INC-CLASS A (ACMR) has a profitability rating of 5 / 10.
What is the earnings growth outlook for ACM RESEARCH INC-CLASS A?
The Earnings per Share (EPS) of ACM RESEARCH INC-CLASS A (ACMR) is expected to decline by -3.8% in the next year.