ACM Research (STU:813) Scaled Net Operating Assets: 0.41 (As of Mar. 2026)


STU:813 ACM Research Inc STU:813
81 GF Score
Price €85.70
GF Value €29.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is ACM Research Scaled Net Operating Assets?

ACM Research STU:813 -1.38% 81 Scaled Net Operating Assets is 0.41 as of Mar. 2026. GuruFocus rates STU:813 with a GF Score™ of 81/100 and a GF Value™ of €29.91 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ACM Research's operating assets for the quarter that ended in Mar. 2026 was €1,557.6 Mil. ACM Research's operating liabilities for the quarter that ended in Mar. 2026 was €558.2 Mil. ACM Research's Total Assets for the quarter that ended in Dec. 2025 was €2,452.8 Mil. Therefore, ACM Research's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.41.


ACM Research Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for ACM Research's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

ACM Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.56 0.58 0.59 0.52

ACM Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.47 0.48 0.51 0.39 0.41

STU:813 vs CAMT, KLIC, UCTT: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, ACM Research's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ACM Research's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ACM Research's Scaled Net Operating Assets falls into.


STU:813
81GF Score
ACM Research Inc STU:813
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACM Research Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ACM Research's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1462.643-549.778)/1772.214
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2452.846 - 990.203
=1462.643

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=804.191 - 157.135 - 97.278
=549.778

ACM Research's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1557.632-558.241)/2452.846
=0.41

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2652.002 - 1094.37
=1557.632

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=849.798 - 194.61 - 96.947
=558.241

* 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 Scaled Net Operating Assets of 0.41 mean?
ACM Research (STU:813) has a Scaled Net Operating Assets of 0.41 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ACM Research and its competitors.
Is ACM Research's Scaled Net Operating Assets too high?
ACM Research's current Scaled Net Operating Assets is 0.41. 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 Scaled Net Operating Assets compare to CAMT and KLIC?
ACM Research's Scaled Net Operating Assets of 0.41 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 Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ACM Research and its competitors. ACM Research's current Scaled Net Operating Assets is 0.41. 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 €29.91, compared to a current price of €85.70 — trading 186.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ACM Research (STU:813), the current Scaled Net Operating Assets is 0.41 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 €85.70 is trading 186.5% above its estimated GF Value™ of €29.91. GuruFocus considers ACM Research to be Significantly Overvalued.

Key valuation signals for STU:813:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: €29.91 vs. price of €85.70 (186.5% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€85.70
Price
€29.91
GF Value