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 $13.3B against $5.4B — 2.5× the size. Amkor Technology, Inc. trades at the lower P/E: 23.9× against 34.4×. 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 34.36 23.93 54.39
P/S 5.06 1.78 6.08
P/B 2.18 2.84 4.89
Price to free cash flow n/m n/m 60.92
EV/EBITDA 25.86 9.99 39.95
EV/Sales 3.98 1.78 6.36
Earnings yield 2.91% 4.18% 1.14%
Free cash flow yield (2.27%) (0.23%) 1.28%

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% —
Revenue growth, 5-year CAGR 41.91% 5.84% 8.85%
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 — 1.16% 0.85%
Payout ratio 0.00 0.12 0.00

Size

Metric ACMR AMKR Semiconductor Equipment & Materials median
Market cap 5.38b 13.32b 4.63b

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