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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ACM Research (Shanghai)SHSE:688082 -0.32%82 3-Year ROIIC % is 13.82 as of Dec. 2025, which is 3% above its 10-year median of 13.44. GuruFocus rates SHSE:688082 with a GF Score™ of 82/100 and a GF Value™ of ¥161.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 996 Semiconductors companies, ACM Research (Shanghai) ranks better than 66.47% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
ACM Research (Shanghai)'s 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 13.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ACM Research (Shanghai)'s 3-Year ROIIC % or its related term are showing as below:
SHSE:688082's 3-Year ROIIC % is ranked better than 66.47% of 996
companies
in the Semiconductors industry
Industry Median: -0.19
vs SHSE:688082: 13.82
ACM Research (Shanghai) (SHSE:688082) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
ACM Research (Shanghai) 3-Year ROIIC % Related Terms
ACM Research (Shanghai) 3-Year ROIIC % Historical Data
* 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.
SHSE:688082 vs AMAT, LRCX, KLAC: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, ACM Research (Shanghai)'s 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 (Shanghai) 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ACM Research (Shanghai)'s 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ACM Research (Shanghai)'s 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
ACM Research (Shanghai) (SHSE:688082) has a 3-Year ROIIC % of 13.82 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on ACM Research (Shanghai) and its competitors. This is near median its historical median of 13.44. Over the past decade, ACM Research (Shanghai)'s 3-Year ROIIC % has ranged from 9.94 to 16.35. According to the industry distribution chart, ACM Research (Shanghai) ranks #334 out of 996 companies in the Semiconductors industry, placing it in the top 33.5%.
Is ACM Research (Shanghai)'s 3-Year ROIIC % too high?
ACM Research (Shanghai)'s current 3-Year ROIIC % of 13.82 is near median its 10-year median of 13.44. Over the past 10 years, this metric has ranged from a low of 9.94 to a high of 16.35. Based on the distribution chart, ACM Research (Shanghai) ranks #334 out of 996 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ACM Research (Shanghai) 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 (Shanghai)'s 3-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ACM Research (Shanghai) ranks #334 out of 996 companies for 3-Year ROIIC %. This puts ACM Research (Shanghai) in the upper half of its industry. Historically, ACM Research (Shanghai)'s own 3-Year ROIIC % has ranged from 9.94 to 16.35 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 3-Year ROIIC % for a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on ACM Research (Shanghai) and its competitors. ACM Research (Shanghai)'s current 3-Year ROIIC % is 13.82, which is near median its own 10-year median of 13.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACM Research (Shanghai) stock overvalued right now?
Based on GuruFocus' analysis, ACM Research (Shanghai) (SHSE:688082) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥161.58, compared to a current price of ¥295.00 — trading 82.6% above its estimated fair value. The current 3-Year ROIIC % is 13.82, which is near median its 10-year median of 13.44. ACM Research (Shanghai)'s overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For ACM Research (Shanghai) (SHSE:688082), the current 3-Year ROIIC % is 13.82 as of Dec. 2025. 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 (Shanghai) (SHSE:688082) Overvalued in 2026?
Based on GuruFocus' analysis, ACM Research (Shanghai) stock appears to be overvalued.
The current stock price of ¥295.00 is trading 82.6% above its estimated GF Value™ of ¥161.58.
GuruFocus considers ACM Research (Shanghai) to be Significantly Overvalued.
Key valuation signals for SHSE:688082:
3-Year ROIIC %: 13.82 (near median its 10-year median of 13.44)
GF Value™: ¥161.58 vs. price of ¥295.00 (82.6% above fair value)
No single metric tells the full story. See the SHSE:688082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACM Research (Shanghai) Inc is engaged in research & development, producing and selling semiconductor special equipment. The company's products include semiconductor cleaning equipment, semiconductor electroplating equipment, and packaging wet equipment.
82GF Score
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