ACM Research vs Nova
ACM Research and Nova are similar in size: $901m and $881m of revenue in their latest fiscal years. Nova grew faster (31.0% against 15.2%). Nova kept more of each dollar of sales as profit: a net margin of 29.4% against 10.4%.
| Latest fiscal year | ACM ResearchACMR, 2025 | NovaNVMI, 2025 |
|---|---|---|
| Revenue | $901m | $881m |
| Revenue growth | 15.2% | 31.0% |
| Net income | $94.1m | $259m |
| Operating margin | — | — |
| Net margin | 10.4% | 29.4% |
| Return on equity | 7.9% | 23.1% |
| Free cash flow | −$66.6m | $218m |
| Cash | $757m | $214m |
| Total debt | $288m | $732m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $7.0m | $35.0m |
| Employees | — | — |
| Market value | $3.24bn | $9.59bn |
| Price vs our value range | — | Above our value range |
| Moat score | 45 (Weak) | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 14 sales |