0.55%
-9.92%
3.35%
-2.08%
1.93%
-1.26%
55.50%
AI Spotlight on FORM
Company Description
FormFactor, Inc.designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions.It operates in two segments, Probe Cards and Systems.
The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies.It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems.In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services.
The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, rest of Asia-Pacific, and internationally.FormFactor, Inc.was incorporated in 1993 and is headquartered in Livermore, California.
Market Data
| Last Price | 40.05 |
| Change Percentage | 0.55% |
| Open | 40.06 |
| Previous Close | 39.83 |
| Market Cap ( Millions) | 3102 |
| Volume | 808508 |
| Year High | 63.63 |
| Year Low | 37.25 |
| M A 50 | 42.57 |
| M A 200 | 47.89 |
Financial Ratios
| FCF Yield | 1.62% |
| Dividend Yield | 0.00% |
| ROE | 14.54% |
| Debt / Equity | 4.38% |
| Net Debt / EBIDTA | -80.02% |
| Price To Book | 3.25 |
| Price Earnings Ratio | 22.84 |
| Price To FCF | 61.83 |
| Price To sales | 4.18 |
| EV / EBITDA | 16.6 |
News
- Jan -30 - Why You Should Buy These 4 Semiconductor Stocks Ahead of Earnings
- Jan -15 - FormFactor to Announce Fourth Quarter 2024 Financial Results on February 5th
- Jan -10 - FormFactor Dips 26% in 6 Months: Buy, Sell or Hold the Stock?
- Jan -09 - Advantest Forms Strategic Partnerships with FormFactor and Technoprobe
- Jan -06 - From Advanced Energy to FormFactor: 5 low-key chip equipment stocks that Citi wants you to buy
- Jan -02 - FormFactor Inc. To Present At The 27th Annual Needham Growth Conference
- Dec -20 - FormFactor: GenAI Propels The Company Forward
- Dec -03 - FormFactor Announces Participation in 13th Annual NYC Summit
- Nov -29 - FormFactor Stock Plunges 10% in a Month: What Should You Do Now?
- Nov -19 - FormFactor Announces Participation at Upcoming Conference
- Nov -18 - FormFactor Receives SK hynix Best Partner Award
- Nov -01 - FormFactor Q3 Earnings Beat Estimates, Stock Declines on Weak View
- Oct -31 - FormFactor, Inc. (FORM) Q3 2024 Earnings Call Transcript
- Oct -30 - FormFactor (FORM) Surpasses Q3 Earnings and Revenue Estimates
- Oct -30 - FormFactor, Inc. Reports 2024 Third Quarter Results
- Oct -23 - FormFactor (FORM) Reports Next Week: Wall Street Expects Earnings Growth
- Oct -22 - Does FormFactor (FORM) Have the Potential to Rally 38.51% as Wall Street Analysts Expect?
- Oct -09 - FormFactor to Announce Third Quarter 2024 Financial Results on October 30th
- Oct -03 - Wall Street Analysts See a 35.83% Upside in FormFactor (FORM): Can the Stock Really Move This High?
- Oct -02 - FormFactor Inc (FORM) Stock Price Up 3.01% on Oct 2
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Probe Cards
Expected Growth : 9 %
What the company do ?
Probe Cards from FormFactor, Inc. are advanced testing solutions that enable precise and reliable wafer-level testing of semiconductor devices.
Why we expect these perspectives ?
FormFactor's Probe Cards segment growth is driven by increasing demand for advanced semiconductor testing, 5G and IoT device proliferation, and rising adoption of artificial intelligence and machine learning technologies. Additionally, the company's strategic acquisitions and investments in research and development have enhanced its product offerings and expanded its market share.
Segment n°2 -> Systems
Expected Growth : 11 %
What the company do ?
FormFactor, Inc.'s Systems segment provides probe cards, wafer probe cards, and probe card refurbishment services for the semiconductor industry.
Why we expect these perspectives ?
FormFactor's 11% growth in Systems segment is driven by increasing demand for advanced probe cards in 5G, AI, and IoT applications, as well as the company's strategic acquisitions and investments in emerging technologies, such as heterogeneous integration and 3D stacking.
Formfactor, Inc. Products
| Product Range | What is it ? |
|---|---|
| Probe Cards | FormFactor's probe cards are used to test and validate the performance of semiconductor devices, including memory, logic, and analog devices. |
| Analytical Probe Systems | FormFactor's analytical probe systems are used to test and analyze semiconductor devices, including failure analysis and debug. |
| Wafer Probe Cards | FormFactor's wafer probe cards are used to test and validate the performance of semiconductor wafers during the manufacturing process. |
| MEMS Probe Cards | FormFactor's MEMS probe cards are used to test and validate the performance of micro-electromechanical systems (MEMS) devices. |
| Logic, RF, and Analog Test Solutions | FormFactor's test solutions are used to test and validate the performance of logic, RF, and analog devices. |
| Automated Test Equipment (ATE) | FormFactor's ATE solutions are used to automate the testing and validation of semiconductor devices. |
FormFactor, Inc.'s Porter Forces
Threat Of Substitutes
FormFactor, Inc. faces moderate threat from substitutes due to the availability of alternative semiconductor testing and measurement solutions.
Bargaining Power Of Customers
FormFactor, Inc. has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
FormFactor, Inc. relies on a few key suppliers for its semiconductor testing and measurement solutions, giving them moderate bargaining power.
Threat Of New Entrants
The semiconductor testing and measurement industry has high barriers to entry, making it difficult for new entrants to compete with established players like FormFactor, Inc.
Intensity Of Rivalry
The semiconductor testing and measurement industry is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 2.45% |
| Debt Cost | 3.95% |
| Equity Weight | 97.55% |
| Equity Cost | 9.72% |
| WACC | 9.58% |
| Leverage | 2.51% |
FormFactor, Inc. : Quality Control
FormFactor, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ENTG | Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates … |
| TER | Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment … |
| MTSI | MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, … |
| RMBS | Rambus Inc. provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China, and internationally. The company offers DDR memory interface chips, including DDR5, DDR4 and … |
| ACLS | Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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Axcelis Technologies
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Teradyne
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MACOM Tech
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Rambus
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FormFactor
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