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Upturn AI SWOT - About
Acm Research Inc (ACMR)
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Upturn Advisory Summary
04/01/2025: ACMR (1-star) is a SELL. SELL since 1 days. Profits (28.83%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -20.18% | Avg. Invested days 32 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.55B USD | Price to earnings Ratio 15.25 | 1Y Target Price 35.66 |
Price to earnings Ratio 15.25 | 1Y Target Price 35.66 | ||
Volume (30-day avg) 1952765 | Beta 1.6 | 52 Weeks Range 13.87 - 33.40 | Updated Date 04/1/2025 |
52 Weeks Range 13.87 - 33.40 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.53 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.25% | Operating Margin (TTM) 19.68% |
Management Effectiveness
Return on Assets (TTM) 5.64% | Return on Equity (TTM) 12.98% |
Valuation
Trailing PE 15.25 | Forward PE 10.86 | Enterprise Value 1218766587 | Price to Sales(TTM) 1.99 |
Enterprise Value 1218766587 | Price to Sales(TTM) 1.99 | ||
Enterprise Value to Revenue 1.56 | Enterprise Value to EBITDA 6.76 | Shares Outstanding 58107900 | Shares Floating 51660931 |
Shares Outstanding 58107900 | Shares Floating 51660931 | ||
Percent Insiders 15.32 | Percent Institutions 69.13 |
Analyst Ratings
Rating 4.12 | Target Price 29 | Buy 3 | Strong Buy 3 |
Buy 3 | Strong Buy 3 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Acm Research Inc
Company Overview
History and Background
ACM Research, Inc. (ACMR) was founded in 2002. It develops, manufactures, and sells single-wafer wet cleaning equipment used by semiconductor manufacturers. ACM's evolution has been focused on addressing critical cleaning challenges in advanced semiconductor manufacturing processes.
Core Business Areas
- Wet Cleaning Equipment: Development, manufacture, and sale of wet cleaning equipment for various semiconductor manufacturing stages.
- Electrochemical Plating (ECP) Equipment: Providing ECP equipment which deposits metal layers on semiconductors.
- Advanced Packaging: Supplies for cleaning and plating solutions to the advanced packaging market
Leadership and Structure
David Wang is the CEO. The organizational structure is functional, focused on engineering, manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- SAPS/TEBO Cleaning Equipment: Proprietary wet cleaning technology for removing particles and contaminants from wafers. Market share in the advanced cleaning market is growing but still relatively small, estimates indicate a market share around 5-10% globally. Competitors include SCREEN Semiconductor Solutions and Lam Research (LRCX).
- ECP Equipment: Electrochemical plating equipment used for depositing metal layers in semiconductor manufacturing. ECP equipment market share is less than 5%. Competitors include Applied Materials (AMAT) and Tokyo Electron (TEL).
Market Dynamics
Industry Overview
The semiconductor equipment industry is highly cyclical and driven by demand for semiconductors in various electronic devices. Growth is currently fueled by demand for advanced packaging, electric vehicles and AI chips.
Positioning
ACM Research is a niche player in the semiconductor equipment industry, focused on wet cleaning and ECP equipment. Its competitive advantage lies in its proprietary SAPS/TEBO technology and cost-effective solutions.
Total Addressable Market (TAM)
The total market value of semiconductor manufacturing equipment is substantial, estimated to be hundreds of billions USD. ACMR is positioned to address a portion of this TAM, specifically within cleaning and plating, with potential for future growth into adjacent markets. Estimated 75 Billion USD for Wet Cleaning Equipment alone, with 1.5 Billion for ECP.
Upturn SWOT Analysis
Strengths
- Proprietary SAPS/TEBO technology
- Strong relationships with Chinese semiconductor manufacturers
- Cost-effective solutions
- Growing presence in advanced packaging
- Solid financial position
Weaknesses
- High dependence on Chinese market
- Small market share compared to larger competitors
- Limited product portfolio
- Vulnerable to trade tensions
Opportunities
- Expansion into new geographic markets
- Development of new cleaning and plating technologies
- Increased adoption of advanced packaging
- Growth in demand for semiconductors
Threats
- Intense competition from established players
- Economic downturns
- Geopolitical risks, particularly US-China trade tensions
- Technological obsolescence
Competitors and Market Share
Key Competitors
- AMAT
- LRCX
- TEL
Competitive Landscape
ACM Research competes with much larger, established players. ACM differentiates itself through its proprietary technologies and cost-effective solutions, but faces challenges in scaling production and expanding its customer base.
Major Acquisitions
ACM Research (Shanghai) Co., Ltd.
- Year: 2020
- Acquisition Price (USD millions): 0
- Strategic Rationale: ACM Research (Shanghai) Co., Ltd.was acquired to take full ownership of the business and expand ACM Research's presence in China. It was already part of the company.
Growth Trajectory and Initiatives
Historical Growth: ACM Research has experienced significant revenue growth in recent years, driven by demand from Chinese semiconductor manufacturers and growth in advanced packaging.
Future Projections: Analysts expect continued revenue growth for ACM Research, driven by expansion into new markets and increased adoption of its technologies. Projections vary, but generally indicate double-digit growth rates over the next few years.
Recent Initiatives: Focus on expanding product portfolio, penetrating new markets like Korea and US, and strengthening relationships with key customers.
Summary
ACM Research is a growing player in the semiconductor equipment industry, specializing in wet cleaning and ECP equipment. Its success is closely linked to the growth of the Chinese semiconductor market, but US relations with China must be observed. While its proprietary technologies and cost-effective solutions provide a competitive edge, its smaller scale and dependency on a single region, and trade relations pose risks. Future growth depends on diversification and innovation to overcome these challenges.
Similar Companies
- AMAT
- LRCX
- TEL
- KLAC
- ASML
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Industry Reports, Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market data and projections are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Acm Research Inc
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 2017-11-03 | Founder, Chairman, CEO & President Dr. Hui Wang Ph.D. | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 2023 | Website https://www.acmr.com |
Full time employees 2023 | Website https://www.acmr.com | ||
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment worldwide. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides Wet Cleaning Equipment for Front End Production Processes; Ultra C SAPS II and Ultra C SAPS V which are a single-wafer, serial-processing tool used to remove random defects from wafer surfaces or interconnects and barrier metals as part of the chip front-end fabrication process or for recycling test wafers; and Ultra C TEBO II and Ultra C TEBO V, a single-wafer, serial-processing tool used at numerous manufacturing processing steps for cleaning of chips at process nodes of 28nm or less. In addition, it offers Ultra-C Tahoe wafer cleaning tool that delivers high cleaning performance using significantly less sulfuric acid and hydrogen peroxide than is typically consumed by conventional high-temperature single-wafer cleaning tools; and advanced packaging tools, such as coaters, developers, photoresist strippers, scrubbers, wet etchers, and copper-plating tools. Further, the company provides e Ultra fn Furnace, a dry processing tool; Ultra Pmax" PECVD tool, for film uniformity; Ultra Track tool, a 300mm process tool that delivers air downflow, robot handling, and customizable software to address specific customer requirements; and a suite of semi-critical cleaning systems which include single wafer back side cleaning, scrubber, and auto bench cleaning tools. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
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