ACM Research, Inc. (ACMR) vs Amkor Technology, Inc. (AMKR)

ACM Research, Inc. and Amkor Technology, Inc. are both Semiconductor Equipment & Materials companies. Amkor Technology, Inc. is the larger, with a market value of $10.9B against $4.1B — 2.7× the size. Amkor Technology, Inc. trades at the lower P/E: 18.7× against 23.6×. ACM Research, Inc. grew revenue faster over the last twelve months: 27.3% against 17.9%. ACM Research, Inc. has the higher net margin (14.5% vs 7.45%) and the lower return on invested capital (6.70% vs 8.64%). Across the 21 metrics below, Amkor Technology, Inc. leads on 11 and ACM Research, Inc. on 10.

Valuation

Metric ACMR AMKR Semiconductor Equipment & Materials median
P/E 23.58 18.67 45.03
P/S 3.47 1.39 4.64
P/B 1.50 2.21 3.22
Price to free cash flow n/m n/m 48.18
EV/EBITDA 15.55 7.79 33.11
EV/Sales 2.39 1.39 5.52
Earnings yield 4.24% 5.36% 1.41%
Free cash flow yield (3.31%) (0.30%) 1.67%

Profitability

Metric ACMR AMKR Semiconductor Equipment & Materials median
Gross margin 43.84% 15.51% 43.95%
Operating margin 13.29% 8.64% 10.32%
Net margin 14.48% 7.45% 7.45%
Free cash flow margin (11.48%) (0.42%) 6.77%
Return on equity 8.35% 12.46% 4.78%
Return on assets 5.52% 6.38% 3.62%
Return on invested capital 6.70% 8.64% 6.10%

Growth

Metric ACMR AMKR Semiconductor Equipment & Materials median
Revenue growth (TTM) 27.31% 17.93% 14.60%
EPS growth (last fiscal year) (10.46%) 4.90% (4.56%)
Revenue growth, 5-year CAGR 41.91% 5.84% 10.11%
Net income growth, 5-year CAGR 38.03% 2.03% 0.00%

Health

Metric ACMR AMKR Semiconductor Equipment & Materials median
Debt to equity 0.14 0.53 0.09
Current ratio 3.66 2.17 3.66
Net debt to EBITDA (7.00) (0.49) (0.49)

Dividend

Metric ACMR AMKR Semiconductor Equipment & Materials median
Dividend yield — 0.80% 0.42%
Payout ratio — 0.15 0.19

Size

Metric ACMR AMKR Semiconductor Equipment & Materials median
Market cap 4.05b 10.94b 3.80b

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