Obermatt

ACM Research

NMQ:ACMR · US00108J1097
Semiconductors & Semiconductor EquipmentMedium

360

48
EV / EBIT41
Price / Owner Earnings17
Owner Earnings Yield46
Dividend Yield83
Price/Sales63
EV / Gross Profit74
Price/Book78
Return on Capital35
Cash Return on Capital35
Return on Equity49
EBIT Margin51
Gross Profitability31
Cash Conversion1
Accruals5
Owner Earnings Margin44
Sales growth69
Profit Growth41
Long-Term EPS Growth16
Owner Earnings Growth58
Reinvestment98
Price momentum67
Debt load53
Refinancing95
Debt Payback100
Liquidity62
Analyst ratings68
Opinion Changes92
Price Target Upside41
Market mood58
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

ACM Research clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
TypePublic Company
ExchangeNASDAQGM
Founded1998
Employees53
Websiteacmr.com
ISINUS00108J1097
Last UpdateApr 2, 2026
Themes
Packaging ServicesIndustrial Automation

Description

ACM Research, Inc. supplies advanced capital equipment developed for the global semiconductor industry. The company’s products are designed to address yield-critical and performance-sensitive process steps that become increasingly challenging as sem…

Analysis

Weak and unloved

ACM Research, Inc. scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 131.6×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

33

Jan 2023

Average rank

87

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
63
77
78
52
Price/Earnings
34
97
97
16
Price/Book
78
94
94
24
Dividend Yield
83
1
1
1
Value (overall)
87
93
93
11

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →