ACM Research (STU:813) Gross Margin %: 46.37% (As of Mar. 2026) — Near Median


STU:813 ACM Research Inc STU:813
81 GF Score
Price €84.20
GF Value €29.55
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is ACM Research Gross Margin %?

ACM Research STU:813 -17.93% 81 Gross Margin % is 46.37% as of Mar. 2026, which is 2% below its 10-year median of 47.15. GuruFocus rates STU:813 with a GF Score™ of 81/100 and a GF Value™ of €29.55 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,009 Semiconductors companies, ACM Research ranks better than 75.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ACM Research's Gross Profit for the three months ended in Mar. 2026 was €92.8 Mil. ACM Research's Revenue for the three months ended in Mar. 2026 was €200.0 Mil. Therefore, ACM Research's Gross Margin % for the quarter that ended in Mar. 2026 was 46.37%.


The historical rank and industry rank for ACM Research's Gross Margin % or its related term are showing as below:

STU:813' s Gross Margin % Range Over the Past 10 Years
Min: 44.22   Med: 47.15   Max: 50.06
Current: 44.24


During the past 11 years, the highest Gross Margin % of ACM Research was 50.06%. The lowest was 44.22%. And the median was 47.15%.

STU:813's Gross Margin % is ranked better than
75.52% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs STU:813: 44.24

ACM Research had a gross margin of 46.37% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ACM Research was 1.20% per year.


ACM Research  (STU:813) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ACM Research had a gross margin of 46.37% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


ACM Research Gross Margin % Related Terms


ACM Research Gross Margin % Historical Data

* Premium members only.

The historical data trend for ACM Research's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ACM Research Gross Margin % Chart

ACM Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.22 47.22 49.53 50.06 44.39

ACM Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.90 48.50 42.04 40.87 46.37

STU:813 vs CAMT, KLIC, UCTT: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, ACM Research's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ACM Research Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ACM Research's Gross Margin % falls into.


STU:813
81GF Score
ACM Research Inc STU:813
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACM Research Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

ACM Research's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=341.7 / 769.718
=(Revenue - Cost of Goods Sold) / Revenue
=(769.718 - 428.061) / 769.718
=44.39 %

ACM Research's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=92.8 / 200.042
=(Revenue - Cost of Goods Sold) / Revenue
=(200.042 - 107.281) / 200.042
=46.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 46.37% mean?
ACM Research (STU:813) has a Gross Margin % of 46.37% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ACM Research and its competitors. This is near median its historical median of 47.15. Over the past decade, ACM Research's Gross Margin % has ranged from 44.22 to 50.06. According to the industry distribution chart, ACM Research ranks #247 out of 1009 companies in the Semiconductors industry, placing it in the top 24.5%.
Is ACM Research's Gross Margin % too high?
ACM Research's current Gross Margin % of 46.37% is near median its 10-year median of 47.15. Over the past 10 years, this metric has ranged from a low of 44.22 to a high of 50.06. The Semiconductors industry median Gross Margin % is 29.61. ACM Research's value of 46.37% is 56.6% above this industry median. Based on the distribution chart, ACM Research ranks #247 out of 1009 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ACM Research has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACM Research's Gross Margin % compare to CAMT and KLIC?
According to the Semiconductors industry distribution chart, ACM Research ranks #247 out of 1009 companies for Gross Margin %. This places ACM Research in the top 25% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. ACM Research's value of 46.37% is 56.6% above this benchmark. Historically, ACM Research's own Gross Margin % has ranged from 44.22 to 50.06 over the past decade. While the company's 10-year median is 47.15 vs. the industry median of 29.61, ACM Research has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ACM Research's current Gross Margin % of 46.37% is 56.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on ACM Research and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACM Research's current Gross Margin % is 46.37%, which is near median its own 10-year median of 47.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACM Research stock overvalued right now?
Based on GuruFocus' analysis, ACM Research (STU:813) is currently considered Significantly Overvalued. The stock's GF Value™ is €29.55, compared to a current price of €84.20 — trading 184.9% above its estimated fair value. The current Gross Margin % is 46.37%, which is near median its 10-year median of 47.15 and 56.6% above the Semiconductors industry median of 29.61. ACM Research's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For ACM Research (STU:813), the current Gross Margin % is 46.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ACM Research (STU:813) Overvalued in 2026?

Based on GuruFocus' analysis, ACM Research stock appears to be overvalued. The current stock price of €84.20 is trading 184.9% above its estimated GF Value™ of €29.55. GuruFocus considers ACM Research to be Significantly Overvalued.

Key valuation signals for STU:813:

  • Gross Margin %: 46.37% (near median its 10-year median of 47.15)
  • GF Value™: €29.55 vs. price of €84.20 (184.9% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 56.6% above the Semiconductors median (#247 of 1009)

No single metric tells the full story. See the STU:813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACM Research Business Description

Other Exchanges ACMR:USA1ACMR:Italy
Address 42307 Osgood Road, Suite I, Fremont, CA, USA, 94539
ACM Research Inc supplies capital equipment developed for the semiconductor industry. The company focuses on developing differentiated process solutions that enable effective particle removal, uniform material deposition, and reliable process control for the fabricators of integrated circuits. Its product offerings include wet-cleaning, plating, furnace, PECVD, track, and other front-end processing equipment. Additionally, it develops, manufactures, and sells a range of packaging equipment to wafer assembly and packaging customers. Geographically, the company generates maximum revenue from its customers in Mainland China, and the rest from other regions.
81GF Score

Get the complete analysis for STU:813

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.20
Price
€29.55
GF Value