ACM Research, Inc. develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. The company was founded in 1998 and is based in Fremont, California.
ACMR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for ACM Research Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that ACM Research Inc ranked in the 84th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of ACM Research Inc, consider:
ACMR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 56.15% of tickers in our DCF set.
ACM Research Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Technology), ACM Research Inc has a reliance on debt greater than merely 7.47% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CLS, SAIL, ETSY, GILT, and WUBA can be thought of as valuation peers to ACMR, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Shares of ACM Research (NASDAQ: ACMR) were moving higher today as Chinese stocks surged after a state-run newspaper said that a healthy bull market was especially important following the pandemic. The news lifted the Shanghai Composite by 5.8%, its biggest one-day gain in five years, and also propelled stocks with close business ties to China, like ACM Research. ACM, which specializes in semiconductor cleaning technology, is based in California, but does the majority of its business in China.
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]