ACM Research, Inc.
ACM Research, Inc. (ACMR) is listed on NASDAQ and classified in Semiconductor Equipment & Materials, part of the Technology sector. It is headquartered in Fremont, United States and has 2,513 employees. The company is worth $3.42B and trades at 23.2x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $901.31M in fiscal 2025, up 15.2% from the year before. Net income was $94.08M. The share price is 61.4% below its 52-week high of $127.19. 8 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $80.81M. In that quarter, 5 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +82.2% over 5Y.
today you would have $1,500.42▲ +50.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 9 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $39.45 | $15.10 | $19.54 | $7.71 | $28.42 | $27.08 | $6.15 | $3.63 | $1.75 | |
| P/E | 23.7x | 28.8x | 9.9x | 16.8x | 13.1x | 49.0x | 90.3x | 18.6x | 29.4x | — |
| P/S | 2.3x | 2.9x | 1.3x | 2.3x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 23.7 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| AVPTAvePoint, Inc. | $16.08 | 50.3x | 7.8x | 0.00% | 16.25% | $3.4B |
| CIFRCipher Digital Inc. | $8.32 | — | 6.1x | 0.00% | -167.49% | $3.45B |
| WIXWix.com Ltd. | $82.55 | — | — | 0.00% | — | $3.45B |
| AGYSAgilysys Inc | $120.07 |
| 1.3x |
| 7.2x |
| 11.0x |
| 3.3x |
| 2.1x |
| 1.9x |
| P/B | 1.8x | 1.8x | 1.1x | 1.7x | 0.7x | 2.7x | 12.2x | 3.6x | 2.9x | 1.7x |
| EPS | $1.37 | $1.53 | $1.16 | $0.59 | $0.58 | $0.30 | $0.33 | $0.12 | -$0.02 |
| Profit margin | 11.99% | 10.44% | 13.25% | 13.87% | 10.10% | 14.54% | 11.99% | 17.57% | 8.81% | -0.87% |
| ROE | 10.08% | 6.42% | 11.46% | 10.08% | 5.82% | 5.58% | 13.30% | 19.41% | 12.56% | -0.80% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-15.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 76.0x |
| 10.0x |
| 0.00% |
| 13.80% |
| $3.39B |
| AXTIAxt Inc | $51.56 | 1289.0x | 3.7x | 0.00% | 1.01% | $3.38B |
| NATLNCR Atleos Corp | $47.19 | 18.1x | 7.5x | 0.00% | 48.53% | $3.49B |