ACM Research, Inc. (ACMR)
Total Valuation
ACM Research has a market cap or net worth of $1.18 billion. The enterprise value is $965.52 million.
| Market Cap | 1.18B |
| Enterprise Value | 965.52M |
Important Dates
The next estimated earnings date is Friday, February 23, 2024, before market open.
| Earnings Date | Feb 23, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ACM Research has 60.61 million shares outstanding. The number of shares has decreased by -0.25% in one year.
| Shares Outstanding | 60.61M |
| Shares Change (YoY) | -0.25% |
| Shares Change (QoQ) | +0.80% |
| Owned by Insiders (%) | 21.99% |
| Owned by Institutions (%) | 57.68% |
| Float | 45.70M |
Valuation Ratios
The trailing PE ratio is 17.93 and the forward PE ratio is 19.50.
| PE Ratio | 17.93 |
| Forward PE | 19.50 |
| PS Ratio | 2.39 |
| Forward PS | 1.92 |
| PB Ratio | 1.62 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 13.51 |
| EV / Sales | 1.95 |
| EV / EBITDA | 9.86 |
| EV / EBIT | 10.97 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.32, with a Debt / Equity ratio of 0.12.
| Current Ratio | 2.32 |
| Quick Ratio | 1.23 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.89 |
| Debt / FCF | n/a |
| Interest Coverage | 33.17 |
Financial Efficiency
Return on equity (ROE) is 10.30% and return on invested capital (ROIC) is 9.14%.
| Return on Equity (ROE) | 10.30% |
| Return on Assets (ROA) | 5.40% |
| Return on Capital (ROIC) | 9.14% |
| Revenue Per Employee | $410,210 |
| Profits Per Employee | $59,105 |
| Employee Count | 1,209 |
| Asset Turnover | 0.38 |
| Inventory Turnover | 0.59 |
Taxes
In the past 12 months, ACM Research has paid $13.90 million in taxes.
| Income Tax | 13.90M |
| Effective Tax Rate | 16.28% |
Stock Price Statistics
The stock price has increased by +157.78% in the last 52 weeks. The beta is 1.11, so ACM Research's price volatility has been higher than the market average.
| Beta (1Y) | 1.11 |
| 52-Week Price Change | +157.78% |
| 50-Day Moving Average | 17.15 |
| 200-Day Moving Average | 14.15 |
| Relative Strength Index (RSI) | 62.18 |
| Average Volume (30 Days) | 1,181,087 |
Short Selling Information
The latest short interest is 3.24 million, so 5.35% of the outstanding shares have been sold short.
| Short Interest | 3.24M |
| Short Previous Month | 2.86M |
| Short % of Shares Out | 5.35% |
| Short % of Float | 7.09% |
| Short Ratio (days to cover) | 4.55 |
Income Statement
In the last 12 months, ACM Research had revenue of $495.94 million and earned $71.46 million in profits. Earnings per share was $1.09.
| Revenue | 495.94M |
| Gross Profit | 250.94M |
| Operating Income | 89.14M |
| Pretax Income | 85.35M |
| Net Income | 71.46M |
| EBITDA | 97.93M |
| EBIT | 88.01M |
| Earnings Per Share (EPS) | $1.09 |
Balance Sheet
The company has $306.32 million in cash and $87.57 million in debt, giving a net cash position of $218.76 million or $3.61 per share.
| Cash & Cash Equivalents | 306.32M |
| Total Debt | 87.57M |
| Net Cash | 218.76M |
| Net Cash Per Share | $3.61 |
| Equity / Book Value | 729.05M |
| Book Value Per Share | 12.03 |
| Working Capital | 633.94M |
Cash Flow
In the last 12 months, operating cash flow was -$40.78 million and capital expenditures -$122.21 million, giving a free cash flow of -$162.99 million.
| Operating Cash Flow | -40.78M |
| Capital Expenditures | -122.21M |
| Free Cash Flow | -162.99M |
| FCF Per Share | -$2.71 |
Margins
Gross margin is 50.60%, with operating and profit margins of 17.97% and 14.41%.
| Gross Margin | 50.60% |
| Operating Margin | 17.97% |
| Pretax Margin | 17.21% |
| Profit Margin | 14.41% |
| EBITDA Margin | 19.75% |
| EBIT Margin | 17.75% |
| FCF Margin | -32.87% |
Dividends & Yields
ACM Research does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 6.03% |
| FCF Yield | -13.76% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.25% |
| Shareholder Yield | 0.25% |
Analyst Forecast
The average price target for ACM Research is $22.90, which is 17.20% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $22.90 |
| Price Target Difference | 17.20% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 23.55% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 24, 2022. It was a forward split with a ratio of 3:1.
| Last Split Date | Mar 24, 2022 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
ACM Research has an Altman Z-Score of 2.58 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.58 |
| Piotroski F-Score | 4 |