COMP <GO>
PI vs ACMR // EV/EBITDA & P/E VALUATION
Impinj Inc. (NASDAQ) VS. ACM Research Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: PI 7
— ACMR 4
■ METRIC PARITY
LAST: $182.55 (+3.44%) • MKT CAP: $5.63B
valuation
—
LAST: $49.29 (-7.03%) • MKT CAP: $3.43B
valuation
18.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PI VS. ACMR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PI | ACMR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 52.50% | 44.40% | +8.10 | PI | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -0.10% | 9.80% | -9.90 | ACMR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 18.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.81% | -1.94% | +2.75 | PI | /fcf-yield <GO> |
| Operating Margin | -0.20% | 12.10% | -12.30 | ACMR | /operating-margins <GO> |
| Net Profit Margin | -3.00% | 10.40% | -13.40 | ACMR | /net-margins <GO> |
| Revenue Growth (YoY) | -1.40% | 15.20% | -16.60 | ACMR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 10.16 | 3.50 | +6.66 | PI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 5/9 | +1.00 | PI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.6 | 27.2 | +26.41 | PI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.15 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 23.0x | 30.7x | -7.70 | PI | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.63B | $3.43B | $2.20B | PI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PI REV | ACMR REV | PI GROSS % | ACMR GROSS % | PI FCF | ACMR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $361.1M | $901.3M | 52.5% | 44.4% | $45.9M | -$66.6M |
| FY 2024 | $366.1M | $782.1M | 51.6% | 50.1% | $111.2M | $70.0M |
| FY 2023 | $307.5M | $557.7M | — | — | -$63.2M | -$75.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PI // BETA 1.15
ACMR // BETA —