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 $7.6B against $2.7B — 2.8× the size. Amkor Technology, Inc. trades at the lower P/E: 13.1× against 25.0×. ACM Research, Inc. grew revenue faster over the last twelve months: 29.1% against 15.7%. ACM Research, Inc. has the higher net margin (10.2% vs 8.30%) and the lower return on invested capital (7.00% vs 9.01%). 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 25.02 13.08 35.94
P/S 2.73 1.09 4.44
P/B 1.26 1.68 3.09
Price to free cash flow n/m n/m 33.07
EV/EBITDA 11.14 5.79 23.48
EV/Sales 1.85 1.10 5.23
Earnings yield 4.00% 7.64% 2.34%
Free cash flow yield (6.46%) (0.18%) 2.18%

Profitability

Metric ACMR AMKR Semiconductor Equipment & Materials median
Gross margin 43.49% 16.56% 46.86%
Operating margin 14.48% 9.51% 12.02%
Net margin 10.20% 8.30% 10.20%
Free cash flow margin (17.66%) (0.20%) 6.73%
Return on equity 5.32% 13.50% 5.32%
Return on assets 3.64% 6.80% 4.10%
Return on invested capital 7.00% 9.01% 6.36%

Growth

Metric ACMR AMKR Semiconductor Equipment & Materials median
Revenue growth (TTM) 29.07% 15.70% 16.16%
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 0.51 0.09
Current ratio 3.16 2.17 3.44
Net debt to EBITDA (7.00) (0.49) (0.49)

Dividend

Metric ACMR AMKR Semiconductor Equipment & Materials median
Dividend yield — 1.02% 0.55%
Payout ratio — 0.13 0.16

Size

Metric ACMR AMKR Semiconductor Equipment & Materials median
Market cap 2.74b 7.56b 2.69b

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