Pricing Log in Create free account

ACM Research, Inc. (ACMR) vs FormFactor, Inc. (FORM)

ACM Research, Inc. and FormFactor, Inc. are both Semiconductor Equipment & Materials companies. FormFactor, Inc. is the larger, with a market value of $5.6B against $2.7B — 2.1× the size. ACM Research, Inc. trades at the lower P/E: 17.8× against 32.8×. FormFactor, Inc. grew revenue faster over the last twelve months: 29.1% against 27.3%. FormFactor, Inc. has the higher net margin (17.7% vs 14.5%) and the higher return on invested capital (14.1% vs 6.70%). Across the 21 metrics below, FormFactor, Inc. leads on 11 and ACM Research, Inc. on 10.

Valuation

Metric ACMR FORM Semiconductor Equipment & Materials median
P/E 17.79 32.80 33.70
P/S 2.62 5.82 4.22
P/B 1.13 4.83 2.94
Price to free cash flow n/m 31.32 31.49
EV/EBITDA 10.01 24.89 22.64
EV/Sales 1.54 5.42 4.97
Earnings yield 5.62% 3.05% 2.02%
Free cash flow yield (4.38%) 3.19% 2.27%

Profitability

Metric ACMR FORM Semiconductor Equipment & Materials median
Gross margin 43.84% 47.13% 46.86%
Operating margin 13.29% 18.32% 12.02%
Net margin 14.48% 17.72% 10.16%
Free cash flow margin (11.48%) 18.57% 6.73%
Return on equity 8.35% 15.85% 5.31%
Return on assets 5.52% 13.18% 4.10%
Return on invested capital 6.70% 14.09% 6.36%

Growth

Metric ACMR FORM Semiconductor Equipment & Materials median
Revenue growth (TTM) 27.31% 29.08% 15.82%
EPS growth (last fiscal year) (10.46%) (22.47%) (4.56%)
Revenue growth, 5-year CAGR 41.91% 2.51% 10.11%
Net income growth, 5-year CAGR 38.03% (7.09%) 0.00%

Health

Metric ACMR FORM Semiconductor Equipment & Materials median
Debt to equity 0.14 0.01 0.09
Current ratio 3.66 3.68 3.56
Net debt to EBITDA (7.00) (2.85) (0.49)

Dividend

Metric ACMR FORM Semiconductor Equipment & Materials median
Dividend yield — — 0.59%
Payout ratio — — 0.16

Size

Metric ACMR FORM Semiconductor Equipment & Materials median
Market cap 2.74b 5.63b 3.04b

Compare with another peer

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