ACM Research (MIL:1ACMR) Selling, General, & Admin. Expense: €129.7 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MIL:1ACMR ACM Research Inc MIL:1ACMR
62 GF Score
Price €69.00
GF Value €30.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ACM Research Selling, General, & Admin. Expense?

ACM Research MIL:1ACMR +3.60% 62 Selling, General, & Admin. Expense is €129.7 Mil as of Mar. 2026. GuruFocus rates MIL:1ACMR with a GF Score™ of 62/100 and a GF Value™ of €30.70 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ACM Research's selling, general, & admin. expense for the three months ended in Mar. 2026 was €29.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €129.7 Mil.


ACM Research  (MIL:1ACMR) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


ACM Research Selling, General, & Admin. Expense Related Terms


ACM Research Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for ACM Research's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

ACM Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.12 58.86 80.39 129.00 124.38

ACM Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 27.08 33.77 37.98 28.06 29.85

MIL:1ACMR vs KLIC, CAMT, UCTT: Selling, General, & Admin. Expense Comparison

For the Semiconductor Equipment & Materials subindustry, ACM Research's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ACM Research's Selling, General, & Admin. Expense falls into.


MIL:1ACMR
62GF Score
ACM Research Inc MIL:1ACMR
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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ACM Research Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €129.7 Mil.

* 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 Selling, General, & Admin. Expense of €129.7 Mil mean?
ACM Research (MIL:1ACMR) has a Selling, General, & Admin. Expense of €129.7 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ACM Research and its competitors.
Is ACM Research's Selling, General, & Admin. Expense too high?
ACM Research's current Selling, General, & Admin. Expense is €129.7 Mil. Overall, ACM Research has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACM Research's Selling, General, & Admin. Expense compare to KLIC and CAMT?
ACM Research's Selling, General, & Admin. Expense of €129.7 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Semiconductors company?
A good Selling, General, & Admin. Expense depends on the Semiconductors industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ACM Research and its competitors. ACM Research's current Selling, General, & Admin. Expense is €129.7 Mil. 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 (MIL:1ACMR) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.70, compared to a current price of €69.00 — trading 124.8% above its estimated fair value. The current Selling, General, & Admin. Expense is €129.7 Mil. ACM Research's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For ACM Research (MIL:1ACMR), the current Selling, General, & Admin. Expense is €129.7 Mil 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 (MIL:1ACMR) Overvalued in 2026?

Based on GuruFocus' analysis, ACM Research stock appears to be overvalued. The current stock price of €69.00 is trading 124.8% above its estimated GF Value™ of €30.70. GuruFocus considers ACM Research to be Significantly Overvalued.

Key valuation signals for MIL:1ACMR:

  • Selling, General, & Admin. Expense: €129.7 Mil
  • GF Value™: €30.70 vs. price of €69.00 (124.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the MIL:1ACMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACM Research Business Description

Other Exchanges ACMR:USA813:Germany
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.
62GF Score

Get the complete analysis for MIL:1ACMR

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.00
Price
€30.70
GF Value