Added to YB: 2026-01-05
Pitch date: 2025-12-30
ACMR [neutral]
ACM Research, Inc.
+76.07%
current return
Author Info
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Company Info
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally.
Market Cap
$3.7B
Pitch Price
$40.66
Price Target
137.68 (+92%)
Dividend
N/A
EV/EBITDA
23.15
P/E
40.98
EV/Sales
3.65
Sector
Semiconductors and Semiconductor Equipment
Category
value
Analyzing the Discount to NAV of ACM Research ($ACMR)
ACMR (pass): Trades at 71% discount to NAV vs ACM Shanghai subsidiary (P/E 47). Ownership diluted from 100% to 74.6% since 2019 IPO. Revenue grew RMB 757M to 6.8B but holdco discount unrealizable due to dual-class shares, $33M insider selling, no dividends/buybacks. High P/E + geopolitical risk.
Read full article (3 min)