Axcelis Technologies, Inc. (ACLS) vs ACM Research, Inc. (ACMR)

Axcelis Technologies, Inc. and ACM Research, Inc. are both Semiconductor Equipment & Materials companies. ACM Research, Inc. is the larger, with a market value of $5.4B against $3.6B — 1.5× the size. ACM Research, Inc. trades at the lower P/E: 34.4× against 41.0×. ACM Research, Inc. grew revenue faster over the last twelve months: 27.3% against −3.35%. ACM Research, Inc. has the higher net margin (14.5% vs 10.7%) and the lower return on invested capital (6.70% vs 7.94%). Across the 21 metrics below, ACM Research, Inc. leads on 12 and Axcelis Technologies, Inc. on 9.

Valuation

Metric ACLS ACMR Semiconductor Equipment & Materials median
P/E 41.04 34.36 54.39
P/S 4.38 5.06 6.08
P/B 3.56 2.18 4.89
Price to free cash flow 57.85 n/m 60.92
EV/EBITDA 33.07 25.86 39.95
EV/Sales 3.98 3.98 6.36
Earnings yield 2.44% 2.91% 1.14%
Free cash flow yield 1.73% (2.27%) 1.28%

Profitability

Metric ACLS ACMR Semiconductor Equipment & Materials median
Gross margin 43.01% 43.84% 43.95%
Operating margin 10.32% 13.29% 10.32%
Net margin 10.71% 14.48% 7.45%
Free cash flow margin 7.57% (11.48%) 6.77%
Return on equity 8.89% 8.35% 4.78%
Return on assets 6.85% 5.52% 3.62%
Return on invested capital 7.94% 6.70% 6.10%

Growth

Metric ACLS ACMR Semiconductor Equipment & Materials median
Revenue growth (TTM) (3.35%) 27.31% 14.60%
EPS growth (last fiscal year) (38.21%) (10.46%) —
Revenue growth, 5-year CAGR 12.07% 41.91% 8.85%
Net income growth, 5-year CAGR 19.19% 38.03% 0.00%

Health

Metric ACLS ACMR Semiconductor Equipment & Materials median
Debt to equity 0.04 0.14 0.09
Current ratio 4.90 3.66 3.66
Net debt to EBITDA (2.51) (7.00) (0.49)

Dividend

Metric ACLS ACMR Semiconductor Equipment & Materials median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric ACLS ACMR Semiconductor Equipment & Materials median
Market cap 3.59b 5.38b 4.63b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack