FormFactor vs Semtech
FORM and SMTC 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 SMTC compare
Semtech is the larger company, worth 1.7 times as much as FormFactor ($11.9B against $6.8B).
On earnings, FormFactor is cheaper: it trades at 60.0× trailing earnings, against 84.4× for Semtech.
FormFactor grew revenue faster over the last twelve months (18.0% versus 17.8% for Semtech).
Semtech keeps more of each dollar of sales as profit, with a net margin of 13.1% compared with 12.8% at FormFactor.
FormFactor scores higher on the StockData Score (12 against 8 for Semtech), 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 | SMTC |
|---|---|---|
| Size and price | ||
| Market cap | $6.8B | $11.9B |
| Share price | $87.53 | $127.38 |
| Change, 1 year | 83.4% | 83.1% |
| Change, 5 years | 97.1% | 41.2% |
| Beta (5Y) | 1.66 | 1.79 |
| Employees | 2,153 | 1,920 |
| StockData Score | ||
| Total score | 12 (better) | 8 |
| Valuation score | 0 | 0 |
| Growth score | 3 | 3 |
| Performance score | 4 (better) | 2 |
| Health score | 5 (better) | 3 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 60.0× (better) | 84.4× |
| P/S | 7.6× (better) | 10.1× |
| P/B | 6.2× | – |
| EV/EBITDA | 56.1× (better) | 129× |
| P/FCF | 50.2× (better) | 61.6× |
| PEG | 29.82 | – |
| FCF yield | 2.0% (better) | 1.6% |
| Fair value | $52.94 | $39.82 |
| Margin of safety | −65.3% (better) | −220% |
| Growth | ||
| Revenue growth (TTM) | 18.0% (better) | 17.8% |
| Revenue growth, 5Y average | 2.5% | 12.0% (better) |
| Net income growth (TTM) | 163% | 546% (better) |
| EPS growth (TTM) | 161% | 421% (better) |
| EPS growth, 5Y average | −7.0% | – |
| Profitability | ||
| Gross margin | 43.1% | 52.1% (better) |
| Operating margin | 12.9% (better) | 8.0% |
| Net margin | 12.8% | 13.1% (better) |
| FCF margin | 15.1% | 16.4% (better) |
| Return on equity | 11.0% | – |
| Return on invested capital | 13.2% | – |
| Financial health | ||
| Debt / equity | 0.01 | – |
| Net debt / EBITDA | −2.88 | 3.06 (better) |
| Interest coverage | – | 3.0× |
| Current ratio | 4.08 (better) | 1.70 |
| Altman Z-score | 19.42 (better) | 8.85 |
| Piotroski F-score | 5 | 7 (better) |
| Dividends and buybacks | ||
| Buyback yield | 0.02% | – |
| Shareholder yield | 0.02% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 92.4% | 100% |
| Held by insiders | 0.87% | 0.51% |
| Insider net buying, 12 months | −$22.1M | −$17.5M (better) |
| Short interest, % of float | 4.2% | 6.7% |
Go deeper
- FORM stock overview
- FORM income statement
- FORM valuation and score
- SMTC stock overview
- SMTC income statement
- SMTC valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.