FormFactor vs Mercury Systems
FORM and MRCY side by side, both in electronic components and accessories. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How FORM and MRCY compare
FormFactor is the larger company, worth 1.4 times as much as Mercury Systems ($6.8B against $4.9B).
FormFactor grew revenue faster over the last twelve months (29.1% versus 8.4% for Mercury Systems).
FormFactor keeps more of each dollar of sales as profit, with a net margin of 17.7% compared with −0.40% at Mercury Systems.
FormFactor scores higher on the StockData Score (14 against 5 for Mercury Systems), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | FORM | MRCY |
|---|---|---|
| Size and price | ||
| Market cap | $6.8B | $4.9B |
| Share price | $87.53 | $81.42 |
| Change, 1 year | 69.5% | 11.4% |
| Change, 5 years | 104% | 65.1% |
| Beta (5Y) | 1.70 | 0.99 |
| Employees | 2,153 | 2,102 |
| StockData Score | ||
| Total score | 14 (better) | 5 |
| Valuation score | 2 (better) | 1 |
| Growth score | 3 (better) | 1 |
| Performance score | 4 (better) | 1 |
| Health score | 5 (better) | 2 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 40.0× | – |
| P/S | 7.0× | 4.8× (better) |
| P/B | 5.8× | 3.2× (better) |
| EV/EBITDA | 35.9× (better) | 48.4× |
| P/FCF | 37.7× (better) | 102× |
| PEG | 19.88 | – |
| FCF yield | 2.7% (better) | 0.98% |
| Fair value | $74.96 | $47.48 |
| Margin of safety | −16.8% (better) | −71.5% |
| Growth | ||
| Revenue growth (TTM) | 29.1% (better) | 8.4% |
| Revenue growth, 5Y average | 2.5% (better) | 1.3% |
| Net income growth (TTM) | 325% | – |
| EPS growth (TTM) | 321% | – |
| EPS growth, 5Y average | −7.0% | – |
| Profitability | ||
| Gross margin | 47.1% (better) | 30.4% |
| Operating margin | 18.3% (better) | 2.7% |
| Net margin | 17.7% (better) | −0.40% |
| FCF margin | 18.5% (better) | 4.8% |
| Return on equity | 15.8% (better) | −0.27% |
| Return on invested capital | 20.2% (better) | 1.1% |
| Financial health | ||
| Debt / equity | 0.01 | – |
| Net debt / EBITDA | −2.14 | – |
| Interest coverage | – | 1.0× |
| Current ratio | 3.68 (better) | 2.90 |
| Altman Z-score | 18.24 (better) | 5.05 |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Buyback yield | 0.00% | – |
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 92.4% | 109% |
| Held by insiders | 0.87% | 8.3% |
| Insider net buying, 12 months | −$22.9M (better) | −$118M |
| Superinvestors holding | – | 1 |
| Short interest, % of float | 3.6% | 9.9% |
Go deeper
- FORM stock overview
- FORM income statement
- FORM valuation and score
- MRCY stock overview
- MRCY income statement
- MRCY valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.