Sunday 11 October 2026 Export all ACMR data to Excel Powerpack

ACM Research, Inc.

ACMR Technology Semiconductor Equipment & Materials

ACM Research, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $901.3 million, up 15.2% from fiscal 2024. In the quarter to June 2026, revenue grew 36.0%, EPS grew 178.7%, free cash flow fell 19.4% and total debt rose 22.6%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

71.37 0.57 +0.81%
Market cap
$4.9B
P/E
31.7×
Fwd P/E
36.3×
Dividend yield
—
F-score
2/9
Altman Z
2.93
Beneish M
−2.00
Dividend safety
49/100
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Piotroski F-Score
2 6 4 3 3 1 5 6 2 —
P/E ratio
26.84 9.15 14.47 14.55 43.72 79.65 16.33 27.21 0.00 0.00
Altman Z-Score
2.93 2.17 2.53 1.78 5.39 8.04 3.21 3.50 1.86 —
P/S ratio
2.81 1.20 2.01 1.46 6.31 9.46 2.88 2.30 1.06 6.99
P/FCF ratio
0.00 14.13 0.00 0.00 0.00 0.00 37.45 35.54 0.00 0.00
Altman Z″-Score (non-manufacturers)
6.67 5.50 5.47 5.60 8.65 5.43 6.00 4.57 5.05 3.32
Beneish M-Score
(2.00) (2.38) (1.70) (1.18) (1.50) (0.51) (1.41) (2.19) (1.51) (1.58)
P/Operating CF
74.65 10.60 (29.29) (713.51) (45.18) (268.79) 21.90 17.83 (11.20) (22.15)
Dividend Safety Score
49 — — — — — — — — —
P/B ratio
1.31 0.86 1.21 0.70 2.02 7.12 3.19 3.29 0.97 16.97
Price to Tangible BV
1.31 0.86 1.22 0.70 2.02 7.13 3.20 3.30 0.97 17.03
EV/Sales
1.83 0.86 1.67 0.79 4.16 9.11 1.94 2.07 0.71 6.41
EV/EBITDA
13.14 4.19 8.95 4.76 26.33 63.29 11.22 22.39 26.70 0.00
EV/Operating CF
(160.01) 4.42 (12.35) (4.93) (26.96) (105.34) 22.16 22.33 (3.20) (13.70)
EV/FCF
(24.55) 10.14 (6.66) (1.98) (21.70) (20.67) 25.18 31.88 (2.92) (12.77)
Quick Ratio
2.31 1.37 1.22 1.40 3.49 1.61 2.83 1.20 2.15 1.64
Current Ratio
3.27 2.31 2.35 2.43 4.63 2.53 3.71 2.08 2.88 2.36
Net Debt/EBITDA
(7.00) (1.65) (1.86) (4.07) (13.58) (2.41) (5.44) (2.57) (12.96) (1.46)
Debt/Assets
10.03% 9.85% 6.18% 6.23% 3.32% 13.40% 7.70% 9.17% 7.50% 10.71%
Debt/Equity
0.15 0.17 0.10 0.09 0.04 0.22 0.17 0.18 0.13 1.92
Asset Turnover
0.38 0.47 0.41 0.34 0.37 0.56 0.67 0.87 0.65 0.71
Operating CF/Net income
(0.11) 1.47 (0.97) (1.58) (1.06) (0.72) 0.50 1.05 25.47 (5.74)
Capex/Depreciation
(3.49) (8.62) (7.95) (17.24) (4.13) (52.59) (1.43) (4.97) (2.83) (4.33)
Interest Coverage
15.73 36.38 35.75 35.67 50.59 21.89 23.88 12.99 2.53 19.28
ROE
6.22% 10.25% 8.90% 4.84% 7.40% 12.30% 25.25% 14.26% (1.50%) (64.69%)
ROA
3.98% 6.19% 5.67% 3.43% 5.42% 6.72% 11.78% 7.69% (0.57%) 1.68%
ROIC
6.51% 11.36% 8.17% 6.71% 9.52% 8.73% 0.00% 11.67% 1.60% 0.00%
Return on Tangible Assets
4.69% 9.32% 8.82% 6.04% 4.96% 11.32% 12.72% 12.27% (0.73%) 2.53%
Average Days of Receivables
224.92 200.64 213.14 202.64 178.34 154.09 114.38 137.68 292.48 237.22
Research and Development Expense of Revenue
16.09% 13.49% 16.62% 16.00% 13.17% 12.21% 12.00% 13.91% 14.07% 11.91%
Selling, General and Administrative Expense of Revenue
16.16% 17.27% 15.72% 16.04% 16.15% 18.51% 18.57% 23.58% 31.19% 24.04%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
3.73% 6.34% 4.90% 1.99% 1.97% 3.59% 3.32% 4.51% 4.44% 1.40%
Graham Net Nets
0.59 0.77 0.54 0.95 0.43 0.09 0.25 0.26 0.91 0.03
Graham Number
31.54 25.57 21.14 14.27 14.35 5.40 4.04 1.82 0.00 0.00
Earnings Yield
3.73% 10.93% 6.91% 6.88% 2.29% 1.26% 6.12% 3.67% (8.88%) (1.68%)
Free Cash Flow Yield
(2.66%) 7.08% (12.43%) (27.21%) (3.04%) (4.66%) 2.67% 2.81% (23.02%) (7.18%)
Revenue per Share
14.04 12.57 9.27 6.56 4.51 2.86 2.13 1.58 1.77 4.19
Operating CF per Share
(0.16) 2.45 (1.25) (1.05) (0.70) (0.25) 0.19 0.15 (0.39) (0.57)
Capex per Share
(0.89) (1.38) (1.07) (1.56) (0.17) (1.01) (0.02) (0.04) (0.04) (0.12)
Free Cash Flow per Share
(1.05) 1.07 (2.32) (2.61) (0.86) (1.26) 0.16 0.10 (0.43) (0.69)
Cash per Share
18.20 7.20 4.74 5.73 10.28 1.83 2.34 0.57 0.86 1.55
Shareholders Equity per Share
30.08 17.62 15.39 13.71 14.08 3.81 1.93 1.10 1.94 0.38
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
30.08 17.62 15.39 13.71 14.08 3.81 1.93 1.10 1.94 0.38
Free Cash Flow
(67.29) 66.50 (139.66) (154.71) (49.80) (69.03) 8.28 4.84 (8.87) (4.51)
Working Capital
1,690.97 842.15 675.45 567.59 747.00 157.75 144.89 49.89 41.10 23.28
Capital Expenditures
(56.97) (85.95) (64.34) (92.52) (9.71) (55.48) (1.12) (2.07) (0.77) (0.81)
Net Current Asset Value
1,495.00 723.56 611.36 540.48 712.42 127.57 78.01 45.31 34.88 (1.63)
EV/EBIT
15.10 4.47 9.71 5.19 27.93 66.40 11.71 23.84 37.04 0.00
Capex to Sales
0.06 0.11 0.12 0.24 0.04 0.35 0.01 0.03 0.02 0.03
Price to Operating Income
23.14 6.22 11.72 9.63 42.34 68.92 17.42 26.57 55.02 0.00
Other line items
Depreciation/Fixed assets
0.05 0.04 0.04 0.06 0.17 0.13 0.22 0.11 0.12 0.08
Cash ROIC
(1.99%) 3.85% (10.72%) (12.60%) (3.46%) (19.51%) 3.57% 5.44% (14.16%) (25.98%)
Accounts Receivable Turnover
1.83 2.07 2.06 2.27 2.69 3.14 3.48 2.60 1.55 1.76
Accounts Payable Turnover
2.49 2.53 2.09 1.89 2.12 3.56 3.80 3.34 3.06 3.86
Inventory Turnover
0.77 0.68 0.60 0.67 0.94 1.30 1.36 1.48 1.43 1.35
Average Days of Payables
180.23 145.25 198.66 206.68 255.31 149.33 85.12 151.41 140.45 134.46
Days of Inventory on Hand
511.65 558.84 707.15 699.30 549.45 371.77 287.51 352.01 291.30 303.24
Average Receivables
492.67 377.81 270.78 171.40 96.52 49.91 30.92 28.70 23.52 15.54
Average Payables
201.46 154.32 134.71 108.78 68.48 24.43 14.97 12.05 6.30 3.63
Average Inventory
650.31 571.69 469.28 305.64 153.38 66.72 41.78 27.08 13.53 10.41
Average Assets
2,363.95 1,673.31 1,363.20 1,143.84 696.72 279.48 160.38 85.47 56.18 38.31
Average Common Equity
1,513.21 1,011.03 869.17 811.92 509.92 152.74 74.82 46.09 21.17 (1.00)

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