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ACM Research Shanghai Inc
SSE:688082

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ACM Research Shanghai Inc
SSE:688082
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Price: 154.11 CNY 3.42% Market Closed
Market Cap: ¥74B

P/S

10.6
Current
3%
More Expensive
vs 3-y average of 10.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
10.6
=
Market Cap
¥71.5B
/
Revenue
¥7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
10.6
=
Market Cap
¥71.5B
/
Revenue
¥7B

Valuation Scenarios

ACM Research Shanghai Inc is trading above its 3-year average

If P/S returns to its 3-Year Average (10.3), the stock would be worth ¥149.01 (3% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-74%
Maximum Upside
+18%
Average Downside
20%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 10.6 ¥154.11
0%
3-Year Average 10.3 ¥149.01
-3%
5-Year Average 12.5 ¥181.14
+18%
Industry Average 8.5 ¥122.46
-21%
Country Average 2.8 ¥40.03
-74%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥71.5B
/
Apr 2026
¥7B
=
10.6
Current
¥71.5B
/
Dec 2026
¥8.7B
=
8.2
Forward
¥71.5B
/
Dec 2027
¥10.6B
=
6.7
Forward
¥71.5B
/
Dec 2028
¥13.4B
=
5.3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
ACM Research Shanghai Inc
SSE:688082
74B CNY 10.6 59
NL
ASML Holding NV
AEX:ASML
471.1B EUR 14.4 46.1
US
Lam Research Corp
NASDAQ:LRCX
322.5B USD 14.9 48.1
US
Applied Materials Inc
NASDAQ:AMAT
313.1B USD 11.1 39.9
US
KLA Corp
NASDAQ:KLAC
229.5B USD 18 50.4
US
Brooks Automation Inc
LSE:0HQ1
210.4B USD 353.6 -3 636.7
JP
Tokyo Electron Ltd
TSE:8035
21.8T JPY 9.1 43.2
JP
Advantest Corp
TSE:6857
20.2T JPY 19.6 70
CN
NAURA Technology Group Co Ltd
SZSE:002371
389.1B CNY 9.9 70.5
US
Teradyne Inc
NASDAQ:TER
53.6B USD 16.8 96.7
JP
Disco Corp
TSE:6146
7.8T JPY 17.9 57.8

Market Distribution

Higher than 87% of companies in China
Percentile
87th
Based on 7 736 companies
87th percentile
10.6
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

ACM Research Shanghai Inc
Glance View

Market Cap
74B CNY
Industry
Semiconductors

In the bustling metropolis of Shanghai, ACM Research Shanghai Inc. has carved a niche at the cutting edge of semiconductor manufacturing technology. Established to cater to the growing demand for advanced wafer processing solutions, the company specializes in the development and production of capital equipment used in the fabrication of integrated circuits. With a distinct focus on innovative wafer cleaning technologies, ACM provides equipment that enables semiconductor manufacturers to achieve higher yields and finer feature sizes. Their product portfolio, including the renowned Ultra C series, integrates unique technologies like Space Alternated Phase Shift (SAPS) and Timely Energized Bubble Oscillation (TEBO), which effectively remove contaminants without causing damage to delicate wafer surfaces. ACM Research's business model centers on the sale of capital equipment, complemented by after-sales services and spare parts, ensuring a steady revenue stream as their machines continue operation in the semiconductor production lines. Their growth is buoyed by the industry's insatiable demand for faster and more efficient chips, as major tech giants continuously push the boundaries of performance and miniaturization. By aligning their research and development with these technological trends, ACM places itself not only as a supplier but as a strategic partner in the semiconductor ecosystem, contributing to the advancement of an industry that underpins modern digital economies.

Intrinsic Value
134.22 CNY
Overvaluation 13%
Intrinsic Value
Price ¥154.11
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