XNAS
ACMR
Market cap1.89bUSD
Jul 22, Last price
29.60USD
1D
-2.63%
1Q
50.03%
IPO
1,485.71%
Name
ACM Research Inc
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 782,118 40.23% | 557,723 43.44% | 388,832 49.69% | |||||||
Cost of revenue | 631,120 | 461,884 | 329,797 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 150,998 | 95,839 | 59,035 | |||||||
NOPBT Margin | 19.31% | 17.18% | 15.18% | |||||||
Operating Taxes | 35,031 | 19,364 | 16,798 | |||||||
Tax Rate | 23.20% | 20.20% | 28.45% | |||||||
NOPAT | 115,967 | 76,475 | 42,237 | |||||||
Net income | 103,627 33.97% | 77,349 97.00% | 39,263 3.99% | |||||||
Dividends | (1,529) | (3,951) | ||||||||
Dividend yield | 0.15% | 0.31% | ||||||||
Proceeds from repurchase of equity | 6,138 | 1,314 | ||||||||
BB yield | -0.48% | -0.26% | ||||||||
Debt | ||||||||||
Debt current | 37,078 | 40,882 | 59,708 | |||||||
Long-term debt | 9,812 | 65,240 | 22,283 | |||||||
Deferred revenue | 5,662 | |||||||||
Other long-term liabilities | 114,742 | 1,024 | 7,321 | |||||||
Net debt | (447,543) | (246,502) | (376,076) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 152,450 | (75,323) | (62,194) | |||||||
CAPEX | (82,463) | (64,338) | (92,520) | |||||||
Cash from investing activities | (11,959) | (6,745) | (265,670) | |||||||
Cash from financing activities | 92,481 | 18,530 | 45,871 | |||||||
FCF | 32,431 | (197,195) | (144,807) | |||||||
Balance | ||||||||||
Cash | 444,095 | 283,926 | 338,652 | |||||||
Long term investments | 50,338 | 68,698 | 119,415 | |||||||
Excess cash | 455,327 | 324,738 | 438,625 | |||||||
Stockholders' equity | 387,916 | 296,317 | 208,082 | |||||||
Invested Capital | 863,650 | 734,814 | 693,105 | |||||||
ROIC | 14.51% | 10.71% | 6.33% | |||||||
ROCE | 12.06% | 9.29% | 6.59% | |||||||
EV | ||||||||||
Common stock shares outstanding | 66,672 | 64,871 | 65,342 | |||||||
Price | 15.10 -22.72% | 19.54 153.44% | 7.71 -72.87% | |||||||
Market cap | 1,006,740 -20.58% | 1,267,570 151.61% | 503,785 -72.88% | |||||||
EV | 750,478 | 1,179,840 | 265,024 | |||||||
EBITDA | 160,965 | 103,931 | 64,401 | |||||||
EV/EBITDA | 4.66 | 11.35 | 4.12 | |||||||
Interest | 4,151 | 2,681 | 1,655 | |||||||
Interest/NOPBT | 2.75% | 2.80% | 2.80% |