Added to YB: 2026-06-01
Pitch date: 2026-05-18
ACMR [neutral]
ACM Research, Inc.
+31.03%
current return
Author Info
No bio for this author
Company Info
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally.
Market Cap
$6.1B
Pitch Price
$70.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
36.75
P/E
70.90
EV/Sales
5.96
Sector
Semiconductors and Semiconductor Equipment
Category
value
What the US-China summit tells us about ACM Research
ACMR (update): US parent owns 74% of ACM Shanghai ($688082.SS), valued at $12.4B vs ACMR's $4.4B—a ~50% discount to implied stake value. Steamboat & Kerrisdale offered $40-100M to push for fungible HK listing of parent. Catalysts: ACM Shanghai HK secondary listing, US-China détente, potential parent rerating. Risk: China tensions/distrust prevailing.
Read full article (3 min)