WallStSmart
ACMR

Acm Research Inc

NASDAQ: ACMR · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS

$103.17
-6.10% today

Updated 2026-06-22

Market cap
$6.49B
P/E ratio
71.72
P/S ratio
6.76x
EPS (TTM)
$1.31
Dividend yield
52W range
$23 – $99
Volume
1.6M

Acm Research Inc (ACMR) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for ACMR.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 46 / 100
P/E (TTM)
71.7x
vs 5Y median of 35.1x
PEG
Margin of Safety
+2.61%
Fair value $112.82 vs $103.17
EV / EBITDA
0.0x

ACMR historical valuation range

Where current P/E sits in ACMR's own 5Y range.

NOW
9.9x
5Y Low
16.6x
25th
35.1x
Median
40.8x
75th
79.7x
5Y High
ACMR is trading more expensive than 93% of the last 5Y.
93th percentile · Historically expensive

ACMR intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$103.17
Market value
Intrinsic value
$112.82
DCF estimate
Margin of safety
+2.61%
+9.4% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

ACMR valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

P/E near 5Y high
Current P/E sits in the 93th percentile of its 5Y range. Historically expensive relative to its own history.
!
Near fair value
+2.61% margin of safety. Price is close to DCF estimate.
Weak financial quality
Piotroski F-Score of 2/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 71.72x

P/S Ratio — History

Current: 6.76x

Is ACMR overvalued in 2026?

Acm Research Inc (ACMR) currently trades at $103.17 per share with a market capitalization of $6,492,836,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 46/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 71.7x, above its 5-year median of 35.1x.

Looking at its own history, ACMR is currently trading more expensive than 93% of the last 5Y on P/E. This places it in the 93th percentile of its historical range, a zone where forward returns have typically been muted.

Our discounted cash flow model estimates ACMR's intrinsic value at $112.82 per share, against the current market price of $103.17. This implies a margin of safety of +2.61%. The stock is priced close to its estimated fair value, offering limited upside without further operational improvement.

Financial quality is a concern. The Piotroski F-Score of 2/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: ACMR appears richly valued on our framework, with a Smart Value Score of 46/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is ACMR overvalued?

ACMR scores 46/100 on our Smart Value Score (Grade C), a weak overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.

What is ACMR's fair value?

Our DCF model estimates ACMR's intrinsic value at $112.82 per share, versus the current price of $103.17, a margin of safety of +2.61%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.

What P/E ratio does ACMR trade at?

ACMR trades at a P/E of 71.7x on trailing twelve-month earnings, against a 5-year median of 35.1x. P/E is what you pay per dollar of profit, and sitting above its own median means the stock is pricier than usual relative to its earnings.

Is ACMR a buy based on valuation?

Our Smart Value rating for ACMR is Sell, from a Smart Value Score of 46/100 that blends growth, quality, and valuation. The profile skews cautious, and a better price or clearer operating improvement would strengthen the case. This is research to inform your decision, not personalized financial advice.

How does ACMR's valuation compare to its history?

On P/E, ACMR sits in the 93rd percentile of its own 5Y range, historically expensive relative to where it has traded. A high percentile means today's multiple is near the top of its historical band.

What is ACMR's Smart Value Score?

ACMR's Smart Value Score is 46/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.