ACMR
ACM Research, Inc.
Semiconductors
Market Cap$3.50B
5Y Perf.+164.9%
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Stock Comparison
ACMR vs ICHR
Revenue, margins, valuation, and 5-year total return — side by side.
ICHR
Ichor Holdings, Ltd.
Semiconductors
Market Cap$2.35B
5Y Perf.+197.9%
ACMR vs ICHR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ACMR | ICHR |
|---|---|---|
| Industry | Semiconductors | Semiconductors |
| Market Cap | $3.50B | $2.35B |
| Revenue (TTM) | $901M | $959M |
| Net Income (TTM) | $94M | $-51M |
| Gross Margin | 44.4% | 11.3% |
| Operating Margin | 12.1% | -3.8% |
| Forward P/E | 26.5x | 59.2x |
| Total Debt | $303M | $186M |
| Cash & Equiv. | $766M | $98M |
ACMR vs ICHR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
ACMR
ICHR
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ACM Research, Inc. (ACMR) | 100 | 264.9 | +164.9% |
| Ichor Holdings, Ltd. (ICHR) | 100 | 297.9 | +197.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ACMR vs ICHR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: ACMR leads in 6 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Ichor Holdings, Ltd. is the stronger pick specifically for recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
ACMR
ACM Research, Inc.
The Income Pick
ACMR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 3.24, yield 0.2%
- Rev growth 15.2%, EPS growth -10.5%, 3Y rev CAGR 32.3%
- 27.2% 10Y total return vs ICHR's 5.9%
Best for: income & stability and growth exposure
ICHR
Ichor Holdings, Ltd.
The Momentum Pick
ICHR is the clearest fit if your priority is momentum.
- +225.2% vs ACMR's +167.9%
Best for: momentum
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | ACMR | 15.2% revenue growth vs ICHR's 11.6% |
| Value | ACMR | Lower P/E (26.5x vs 59.2x) |
| Quality / Margins | ACMR | 10.4% margin vs ICHR's -5.3% |
| Stability / Safety | ACMR | Beta 3.24 vs ICHR's 3.93, lower leverage |
| Dividends | ACMR | 0.2% yield; 3-year raise streak; the other pay no meaningful dividend |
| Momentum (1Y) | ICHR | +225.2% vs ACMR's +167.9% |
| Efficiency (ROA) | ACMR | 3.9% ROA vs ICHR's -5.2%, ROIC 7.0% vs -3.9% |
ACMR vs ICHR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
Segment breakdown not available.
ACMR vs ICHR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLACMRLAGGINGICHR
ICHRIchor Holdings, Ltd.
0leads
ACMRACM Research, Inc.
4leads
6 Total Categories
CATEGORYLEADERvs ICHRMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
ACMR4/6
Valuation MetricsMultiples, price ratios, and targets
Tied
—
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
ACMR7/9
Total Returns1Y, 3Y, 5Y total returns with dividends
ACMR4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
ACMR1/1
Income & Cash Flow (Last 12 Months)
ACMR leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ICHR and ACMR operate at a comparable scale, with $959M and $901M in trailing revenue. ACMR is the more profitable business, keeping 10.4% of every revenue dollar as net income compared to ICHR's -5.3%. On growth, ACMR holds the edge at +9.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| RevenueTrailing 12 months | $901M | $959M |
| EBITDAEarnings before interest/tax | $126M | -$11M |
| Net IncomeAfter-tax profit | $94M | -$51M |
| Free Cash FlowCash after capex | -$69M | -$17M |
| Gross MarginGross profit ÷ Revenue | +44.4% | +11.3% |
| Operating MarginEBIT ÷ Revenue | +12.1% | -3.8% |
| Net MarginNet income ÷ Revenue | +10.4% | -5.3% |
| FCF MarginFCF ÷ Revenue | -7.6% | -1.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.4% | +4.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -76.1% | +46.2% |
ACMR leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
Evenly matched — ACMR and ICHR each lead in 2 of 4 comparable metrics.
Valuation Metrics
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| Market CapShares × price | $3.5B | $2.4B |
| Enterprise ValueMkt cap + debt − cash | $3.0B | $2.4B |
| Trailing P/EPrice ÷ TTM EPS | 38.54x | -44.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 26.48x | 59.22x |
| PEG RatioP/E ÷ EPS growth rate | 1.09x | — |
| EV / EBITDAEnterprise value multiple | 24.12x | — |
| Price / SalesMarket cap ÷ Revenue | 3.88x | 2.48x |
| Price / BookPrice ÷ Book value/share | 1.84x | 3.49x |
| Price / FCFMarket cap ÷ FCF | — | — |
Evenly matched — ACMR and ICHR each lead in 2 of 4 comparable metrics.
Profitability & Efficiency
ACMR leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
ACMR delivers a 6.1% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-8 for ICHR. ACMR carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to ICHR's 0.28x. On the Piotroski fundamental quality scale (0–9), ICHR scores 3/9 vs ACMR's 2/9, reflecting mixed financial health.
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| ROE (TTM)Return on equity | +6.1% | -7.5% |
| ROA (TTM)Return on assets | +3.9% | -5.2% |
| ROICReturn on invested capital | +7.0% | -3.9% |
| ROCEReturn on capital employed | +6.6% | -4.7% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 3 |
| Debt / EquityFinancial leverage | 0.16x | 0.28x |
| Net DebtTotal debt minus cash | -$463M | $87M |
| Cash & Equiv.Liquid assets | $766M | $98M |
| Total DebtShort + long-term debt | $303M | $186M |
| Interest CoverageEBIT ÷ Interest expense | 20.44x | -5.97x |
ACMR leads this category, winning 7 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
ACMR leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ACMR five years ago would be worth $21,205 today (with dividends reinvested), compared to $12,419 for ICHR. Over the past 12 months, ICHR leads with a +225.2% total return vs ACMR's +167.9%. The 3-year compound annual growth rate (CAGR) favors ACMR at 71.5% vs ICHR's 33.5% — a key indicator of consistent wealth creation.
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| YTD ReturnYear-to-date | +17.6% | +232.0% |
| 1-Year ReturnPast 12 months | +167.9% | +225.2% |
| 3-Year ReturnCumulative with dividends | +404.3% | +137.9% |
| 5-Year ReturnCumulative with dividends | +112.0% | +24.2% |
| 10-Year ReturnCumulative with dividends | +2723.5% | +593.7% |
| CAGR (3Y)Annualised 3-year return | +71.5% | +33.5% |
ACMR leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — ACMR and ICHR each lead in 1 of 2 comparable metrics.
Risk & Volatility
ACMR is the less volatile stock with a 3.24 beta — it tends to amplify market swings less than ICHR's 3.93 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ICHR currently trades 93.0% from its 52-week high vs ACMR's 73.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 3.24x | 3.93x |
| 52-Week HighHighest price in past year | $71.65 | $72.87 |
| 52-Week LowLowest price in past year | $19.10 | $13.12 |
| % of 52W HighCurrent price vs 52-week peak | +73.7% | +93.0% |
| RSI (14)Momentum oscillator 0–100 | 53.1 | 65.5 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 793K |
Evenly matched — ACMR and ICHR each lead in 1 of 2 comparable metrics.
Analyst Outlook
ACMR leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates ACMR as "Buy" and ICHR as "Buy". Consensus price targets imply -24.2% upside for ACMR (target: $40) vs -26.5% for ICHR (target: $50). ACMR is the only dividend payer here at 0.21% yield — a key consideration for income-focused portfolios.
| Metric | ACMRACM Research, Inc. | ICHRIchor Holdings, L… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $40.00 | $49.80 |
| # AnalystsCovering analysts | 10 | 14 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | — |
| Dividend StreakConsecutive years of raises | 3 | 1 |
| Dividend / ShareAnnual DPS | $0.11 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | 0.0% |
ACMR leads this category, winning 1 of 1 comparable metric.
Key Takeaway
ACMR leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.
Best OverallACM Research, Inc. (ACMR)Leads 4 of 6 categories
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ACMR vs ICHR: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ACMR or ICHR a better buy right now?
For growth investors, ACM Research, Inc.
(ACMR) is the stronger pick with 15. 2% revenue growth year-over-year, versus 11. 6% for Ichor Holdings, Ltd. (ICHR). ACM Research, Inc. (ACMR) offers the better valuation at 38. 5x trailing P/E (26. 5x forward), making it the more compelling value choice. Analysts rate ACM Research, Inc. (ACMR) a "Buy" — based on 10 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ACMR or ICHR?
On forward P/E, ACM Research, Inc.
is actually cheaper at 26. 5x.
03Which is the better long-term investment — ACMR or ICHR?
Over the past 5 years, ACM Research, Inc.
(ACMR) delivered a total return of +112. 0%, compared to +24. 2% for Ichor Holdings, Ltd. (ICHR). Over 10 years, the gap is even starker: ACMR returned +27. 2% versus ICHR's +593. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ACMR or ICHR?
By beta (market sensitivity over 5 years), ACM Research, Inc.
(ACMR) is the lower-risk stock at 3. 24β versus Ichor Holdings, Ltd. 's 3. 93β — meaning ICHR is approximately 21% more volatile than ACMR relative to the S&P 500. On balance sheet safety, ACM Research, Inc. (ACMR) carries a lower debt/equity ratio of 16% versus 28% for Ichor Holdings, Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — ACMR or ICHR?
By revenue growth (latest reported year), ACM Research, Inc.
(ACMR) is pulling ahead at 15. 2% versus 11. 6% for Ichor Holdings, Ltd. (ICHR). On earnings-per-share growth, the picture is similar: ACM Research, Inc. grew EPS -10. 5% year-over-year, compared to -140. 6% for Ichor Holdings, Ltd.. Over a 3-year CAGR, ACMR leads at 32. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ACMR or ICHR?
ACM Research, Inc.
(ACMR) is the more profitable company, earning 10. 4% net margin versus -5. 6% for Ichor Holdings, Ltd. — meaning it keeps 10. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ACMR leads at 12. 1% versus -4. 1% for ICHR. At the gross margin level — before operating expenses — ACMR leads at 44. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ACMR or ICHR more undervalued right now?
On forward earnings alone, ACM Research, Inc.
(ACMR) trades at 26. 5x forward P/E versus 59. 2x for Ichor Holdings, Ltd. — 32. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ACMR: -24. 2% to $40. 00.
08Which pays a better dividend — ACMR or ICHR?
In this comparison, ACMR (0.
2% yield) pays a dividend. ICHR does not pay a meaningful dividend and should not be held primarily for income.
09Is ACMR or ICHR better for a retirement portfolio?
For long-horizon retirement investors, Ichor Holdings, Ltd.
(ICHR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+593. 7% 10Y return). ACM Research, Inc. (ACMR) carries a higher beta of 3. 24 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ICHR: +593. 7%, ACMR: +27. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ACMR and ICHR?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ACMR is a small-cap high-growth stock; ICHR is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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