ACM Research Shanghai Inc (688082) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of ACM Research Shanghai Inc stock ¥29.13, price ¥263, upside -88.9%, quality 47 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 19, 2026.
How to read this chart
59‑month range ¥68.12 – ¥446.89 · fair‑value band ¥24.39 – ¥53.57 · the ¥263.27 price screens above the ¥29.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 19, 2026.
Follow ACM Research Shanghai in your weekly email
Every Wednesday you see whether ACM Research Shanghai is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
ACM Research (Shanghai), Inc. engages in the research, development, production, and sale of semiconductor equipment in China. The company offers cleaning equipment; plating system and panel level packaging; furnace system; track systems; PECVD systems; and stress free polishing systems.
Show moreShow less
It serves IC and compound semi manufacturing, wafer-level and panel level packaging, and wafer manufacturing and reclaim industries. ACM Research (Shanghai), Inc. was founded in 2005 and is based in Shanghai, China. ACM Research (Shanghai), Inc. operates as a subsidiary of ACM Research, Inc.
Stock analysis
ACM Research Shanghai Inc (688082) currently trades at ¥263.27, while our model-based Fair Value estimate is ¥29.13, 88.9% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥145.38 per share, and 0 of the 17 models we run sit above the ¥263.27 price.
Bear case: the Dividend Discount group reads lowest at ¥9.25, and 17 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: ¥24.39 (bear) to ¥53.57 (bull), the price of ¥263.27 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ACM Research Shanghai Inc reported revenue of 6.8B CNY in FY2025 versus 1.6B CNY in FY2021, a compound +43.0%/yr. Reported net income was 1.4B CNY in FY2025, compounding +51.3%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 148B CNY (≈ $22.1B) Large · P/E ratio 74.6 · P/S ratio 20.4 · EPS (TTM) ¥3.53 · Dividend yield 0.2% · Net margin 23.3% · Return on equity 14.8% · Return on assets (EBIT) 8.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 89% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −25% fair-value upside, at −89%, 688082 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥9.25 to ¥160.23). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear¥24.39Fair Value ¥29.13Bull¥53.57
Price ¥263.27 · Upside -88.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥2.33 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+20.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+46.4%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+50.8%
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
Compare ACM Research Shanghai Inc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductor Equipment & Materials · 225 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "ACM Research Shanghai Inc Fair Value". https://www.fairvalue-calculator.com/stock/688082
Frequently asked questions
Is ACM Research Shanghai Inc (688082) overvalued or undervalued?
As of Oct 19, 2026, our model estimates a fair value of ¥29.13 versus a price of ¥263.27, about −89% upside (overvalued).
What is the fair value of 688082?
Our model-based fair value for ACM Research Shanghai Inc is ¥29.13 (as of Oct 19, 2026), built from audited fundamentals. The current price: ¥263.27.
What is the quality score of 688082?
ACM Research Shanghai Inc has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ACM Research Shanghai Inc (688082)?
Our model-based price target is the fair value of ¥29.13 (as of Oct 19, 2026) from 17 valuation models. Cautious scenario ¥24.39, optimistic scenario ¥53.57. It is a calculation from audited fundamentals, not an analyst target.
What is the ACM Research Shanghai Inc stock forecast for 2026?
Our models put fair value at ¥29.13, about −89% upside versus a price of ¥263.27 (overvalued). Cautious scenario ¥24.39, optimistic scenario ¥53.57. The calculation is refreshed regularly with new filings.
What is the revenue of ACM Research Shanghai Inc (688082)?
ACM Research Shanghai Inc reported trailing-twelve-month revenue of about 7.2B CNY (latest available figure, as of Oct 19, 2026).
Does ACM Research Shanghai Inc pay a dividend?
ACM Research Shanghai Inc currently shows a dividend yield of 0.24% relative to its recent price (as of Oct 19, 2026).
What is the intrinsic value of ACM Research Shanghai Inc (688082)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ACM Research Shanghai Inc it is ¥29.13 per share (as of Oct 19, 2026), against a price of ¥263.27. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is ACM Research Shanghai Inc stock overvalued or undervalued in 2026?
As of Oct 19, 2026, 688082 trades above its calculated fair value: price ¥263.27, fair value ¥29.13, a gap of about −89% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 688082?
No. The price is what the market pays today (¥263.27); the fair value is what the company's own numbers justify (¥29.13). For ACM Research Shanghai Inc the two are ¥234.14 per share apart. That gap is exactly why we show both numbers side by side.
How much is ACM Research Shanghai Inc worth?
The market values ACM Research Shanghai Inc at about 148B CNY (market capitalisation, as of Oct 19, 2026). Per share that is ¥263.27; our models calculate a fair value of ¥29.13 per share.
What do the bullish and bearish scenarios say about 688082?
Our models span a range for ACM Research Shanghai Inc: cautious scenario ¥24.39, base ¥29.13, optimistic ¥53.57 per share (as of Oct 19, 2026, price ¥263.27). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688082?
ACM Research Shanghai Inc trades at a price-to-earnings ratio of 74.6 (as of Oct 19, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥29.13 is built from several models across several years. Other multiples: P/B 11.0, P/S 20.4.
How solid is the balance sheet of ACM Research Shanghai Inc (688082)?
Balance-sheet figures for ACM Research Shanghai Inc (as of Oct 19, 2026): return on equity 14.8%, debt of 0.08 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 688082 from its 52-week high?
ACM Research Shanghai Inc trades at ¥263.27, about 41% below its 52-week high of ¥446.89 and 89% above the low of ¥139.41 (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of ¥29.13 is for.
Which stocks are comparable to ACM Research Shanghai Inc?
From the same area (Technology) we also value ASML Holding, Lam Research Corporation, Applied Materials, Inc, KLA Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ACM Research Shanghai Inc stock attractive at the current price?
The data as of Oct 19, 2026: price ¥263.27, calculated fair value ¥29.13 (−89%), Quality Score 47/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 688082 calculated?
We run ACM Research Shanghai Inc through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥29.13, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. ACM Research Shanghai Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ACM Research Shanghai Inc (688082)?
The closing price on Oct 16, 2026 was ¥263.27. Our model-based fair value is ¥29.13, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ACM Research Shanghai Inc right now?
The price sits above even our optimistic bull case (¥53.57). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (¥24.39 to ¥53.57) leaves room in how you read the outcome.
Key figures of ACM Research Shanghai Inc
How large is the market capitalisation of ACM Research Shanghai Inc (688082)?
The market capitalisation of ACM Research Shanghai Inc is 148B CNY (≈ $22.1B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ACM Research Shanghai Inc (688082)?
The price-to-sales ratio of ACM Research Shanghai Inc is 20.4 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ACM Research Shanghai Inc (688082)?
Earnings per share at ACM Research Shanghai Inc are ¥3.53 (price ÷ EPS = P/E 74.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ACM Research Shanghai Inc (688082)?
The dividend yield of ACM Research Shanghai Inc is 0.2% (payout 17.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ACM Research Shanghai Inc (688082)?
The net margin of ACM Research Shanghai Inc is 23.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ACM Research Shanghai Inc (688082)?
The return on equity (ROE) of ACM Research Shanghai Inc is 14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ACM Research Shanghai Inc (688082)?
On an EBIT basis the return on assets of ACM Research Shanghai Inc is 8.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ACM Research Shanghai Inc (688082)?
The operating margin of ACM Research Shanghai Inc is 21.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ACM Research Shanghai Inc (688082)?
Revenue at ACM Research Shanghai Inc is growing +14.4% versus a year earlier (3y avg +33.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ACM Research Shanghai Inc (688082)?
Earnings per share at ACM Research Shanghai Inc are growing +80.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ACM Research Shanghai Inc (688082) generate?
The free cash flow of ACM Research Shanghai Inc is −238M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does ACM Research Shanghai Inc (688082) hold?
ACM Research Shanghai Inc holds more cash than debt, 2.9B CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch ACM Research Shanghai Inc in the live analysis
One click puts ACM Research Shanghai Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 19, 2026