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 1.6 times as much as FormFactor ($10.7B against $6.8B).
On earnings, FormFactor is cheaper: it trades at 40.0× trailing earnings, against 75.9× for Semtech.
FormFactor grew revenue faster over the last twelve months (29.1% versus 17.8% for Semtech).
FormFactor keeps more of each dollar of sales as profit, with a net margin of 17.7% compared with 13.1% at Semtech.
FormFactor scores higher on the StockData Score (14 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 | $10.7B |
| Share price | $87.53 | $114.59 |
| Change, 1 year | 69.5% | 59.8% |
| Change, 5 years | 104% | 24.6% |
| Beta (5Y) | 1.70 | 1.84 |
| Employees | 2,153 | 1,920 |
| StockData Score | ||
| Total score | 14 (better) | 8 |
| Valuation score | 2 (better) | 0 |
| Growth score | 3 | 3 |
| Performance score | 4 (better) | 2 |
| Health score | 5 (better) | 3 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 40.0× (better) | 75.9× |
| P/S | 7.0× (better) | 9.1× |
| P/B | 5.8× | – |
| EV/EBITDA | 35.9× (better) | 116× |
| P/FCF | 37.7× (better) | 55.4× |
| PEG | 19.88 | – |
| FCF yield | 2.7% (better) | 1.8% |
| Fair value | $74.96 | $39.48 |
| Margin of safety | −16.8% (better) | −190% |
| Growth | ||
| Revenue growth (TTM) | 29.1% (better) | 17.8% |
| Revenue growth, 5Y average | 2.5% | 12.0% (better) |
| Net income growth (TTM) | 325% | 546% (better) |
| EPS growth (TTM) | 321% | 421% (better) |
| EPS growth, 5Y average | −7.0% | – |
| Profitability | ||
| Gross margin | 47.1% | 52.1% (better) |
| Operating margin | 18.3% (better) | 8.0% |
| Net margin | 17.7% (better) | 13.1% |
| FCF margin | 18.5% (better) | 16.4% |
| Return on equity | 15.8% | – |
| Return on invested capital | 20.2% | – |
| Financial health | ||
| Debt / equity | 0.01 | – |
| Net debt / EBITDA | −2.14 | 3.06 (better) |
| Interest coverage | – | 3.0× |
| Current ratio | 3.68 (better) | 1.70 |
| Altman Z-score | 18.24 (better) | 8.06 |
| Piotroski F-score | 5 | 7 (better) |
| Dividends and buybacks | ||
| Buyback yield | 0.00% | – |
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 92.4% | 100% |
| Held by insiders | 0.87% | 0.51% |
| Insider net buying, 12 months | −$22.9M | −$18.8M (better) |
| Short interest, % of float | 3.6% | 8.1% |
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.