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ACM ResearchSTU:813 -5.79%82 Net Current Asset Value is €14.83 as of Mar. 2026, which is 100% below its 10-year median of 2.86. GuruFocus rates STU:813 with a GF Score™ of 82/100 and a GF Value™ of €29.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 719 Semiconductors companies, ACM Research ranks better than 65.92% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
ACM Research's net current asset value per share for the quarter that ended in Mar. 2026 was €14.83.
The historical rank and industry rank for ACM Research's Net Current Asset Value or its related term are showing as below:
STU:813'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.14 Med: 2.86 Max: 29.28
Current: 4.9
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of ACM Research was 29.28. The lowest was 1.14. And the median was 2.86.
STU:813's Price-to-Net-Current-Asset-Value is ranked better than 65.92% of 719
companies
in the Semiconductors industry
Industry Median: 7.79
vs STU:813: 4.90
ACM Research (STU:813) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
ACM Research Net Current Asset Value Related Terms
ACM Research Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ACM Research's Net Current Asset Value 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.
STU:813 vs CAMT, KLIC, UCTT: Net Current Asset Value Comparison
For the Semiconductor Equipment & Materials subindustry, ACM Research's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ACM Research's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ACM Research's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of €14.83 mean?
ACM Research (STU:813) has a Net Current Asset Value of €14.83 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on ACM Research and its competitors. This is 419% above median its historical median of 2.86. Over the past decade, ACM Research's Net Current Asset Value has ranged from 1.14 to 29.28. According to the industry distribution chart, ACM Research ranks #245 out of 719 companies in the Semiconductors industry, placing it in the top 34.1%.
Is ACM Research's Net Current Asset Value too high?
ACM Research's current Net Current Asset Value of €14.83 is 419% above median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 29.28. Based on the distribution chart, ACM Research ranks #245 out of 719 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ACM Research has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACM Research's Net Current Asset Value compare to CAMT and KLIC?
According to the Semiconductors industry distribution chart, ACM Research ranks #245 out of 719 companies for Net Current Asset Value. This puts ACM Research in the upper half of its industry. The industry median Net Current Asset Value is 7.79. Historically, ACM Research's own Net Current Asset Value has ranged from 1.14 to 29.28 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 7.79, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on ACM Research and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACM Research's current Net Current Asset Value is €14.83, which is 419% above median its own 10-year median of 2.86. 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 €29.96, compared to a current price of €72.30 — trading 141.3% above its estimated fair value. The current Net Current Asset Value is €14.83, which is 419% above median its 10-year median of 2.86. ACM Research's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For ACM Research (STU:813), the current Net Current Asset Value is €14.83 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 €72.30 is trading 141.3% above its estimated GF Value™ of €29.96.
GuruFocus considers ACM Research to be Significantly Overvalued.
Key valuation signals for STU:813:
Net Current Asset Value: €14.83 (419% above median its 10-year median of 2.86)
GF Value™: €29.96 vs. price of €72.30 (141.3% above fair value)
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 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.
82GF Score
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