ACM Research, Inc.

ACM Research, Inc.

ACMRยทNASDAQ

$88.86

+8.3%
TechnologySemiconductors

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

At a Glance

Live Snapshot
Market Cap$5.70B
EPS1.4700
P/E Ratio60.45
Earnings Date08/05/2026
ACM Research, Inc.

ACM Research, Inc. Fair Value Envelope

ACMR ยท NASDAQ

Our analysis suggests that ACMR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $88.86, this represents a potential HIDDEN relative to our calculated worth for ACM Research, Inc..

Intrinsic Value
Current Price: $88.86

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$18.6M
+ Cash & Equivalents$766.0M
Firm Value$747.4M
- Debt$303.0M
Equity Value$444.4M
/ Shares Outstanding63,609,105B
DCF Value$7
OVERVALUED BY 92%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$5.2M
-$2.6M
-$1.3M
-$645.3K
-$322.7K
-$161.3K
-$80.7K
-$40.3K
-$20.2K
-$10.1K
Maintenance CapEx
-$5.6M
-$2.8M
-$1.4M
-$703.5K
-$351.8K
-$175.9K
-$87.9K
-$44.0K
-$22.0K
-$11.0K
Owner Earnings
-$10.8M
-$5.4M
-$2.7M
-$1.3M
-$674.4K
-$337.2K
-$168.6K
-$84.3K
-$42.2K
-$21.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$10.0M
-$4.6M
-$2.1M
-$991.4K
-$459.0K
-$212.5K
-$98.4K
-$45.5K
-$21.1K
-$9.8K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.