FORM - FormFactor Inc Stock Price, Fair Value and News

55.71USD+1.17 (+2.15%)Delayed

Market Summary

USD55.71+1.17

Delayed

2.15%

FORM Alerts

4 major insider sales recently.

Big jump in Earnings (Y/Y)

FORM Stock Price

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FORM RSI Chart

FORM Valuation

Market Cap

4.3B

Price/Earnings (Trailing)

41.81

Price/Sales (Trailing)

6.47

EV/EBITDA

28.25

Price/Free Cashflow

120.96

FORM Price/Sales (Trailing)

FORM Profitability

EBT Margin

16.99%

Return on Equity

11.13%

Return on Assets

9.18%

Free Cashflow Yield

0.83%

FORM Fundamentals

FORM Revenue

Revenue (TTM)

664.4M

Rev. Growth (Yr)

0.76%

Rev. Growth (Qtr)

0.33%

FORM Earnings

Earnings (TTM)

102.8M

Earnings Growth (Yr)

1.5K%

Earnings Growth (Qtr)

-71.28%

Breaking Down FORM Revenue

Last 7 days

-1.3%

Last 30 days

29.7%

Last 90 days

33.3%

Trailing 12 Months

80.5%

How does FORM drawdown profile look like?

FORM Financial Health

Current Ratio

4.51

Debt/Equity

0.01

Debt/Cashflow

6.54

FORM Investor Care

Shares Dilution (1Y)

0.03%

Diluted EPS (TTM)

1.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	664.4M	0	0	0
2023	718.2M	670.2M	660.9M	663.1M
2022	780.2M	796.0M	786.9M	747.9M
2021	719.5M	749.8M	761.7M	769.7M
2020	618.0M	637.8M	675.2M	693.6M
2019	543.6M	546.1M	551.7M	589.5M
2018	537.9M	529.4M	520.7M	529.7M
2017	459.1M	520.0M	540.4M	548.4M
2016	265.1M	274.3M	331.8M	383.9M
2015	283.4M	289.9M	281.9M	282.4M
2014	234.9M	239.5M	245.8M	268.5M
2013	196.3M	204.3M	230.6M	231.5M
2012	163.7M	172.0M	161.1M	178.5M
2011	189.3M	178.2M	183.0M	169.3M
2010	0	153.1M	170.8M	188.6M
2009	0	0	0	135.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of FormFactor Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	shahar shai	sold (taxes)	-59,111	56.03	-1,055	cfo, svp global finance
May 07, 2024	slessor mike	acquired	-	-	5,908	ceo
May 07, 2024	slessor mike	sold (taxes)	-118,111	56.03	-2,108	ceo
May 07, 2024	rhodes sheri	sold	-746,144	56.021	-13,319	-
May 07, 2024	shahar shai	sold	-339,771	55.755	-6,094	cfo, svp global finance
May 07, 2024	shahar shai	acquired	-	-	2,955	cfo, svp global finance
May 06, 2024	shahar shai	sold	-317,063	54.4033	-5,828	cfo, svp global finance
May 06, 2024	steven-waiss kelley	sold	-260,335	54.2364	-4,800	-
May 01, 2024	slessor mike	sold	-174,982	43.7456	-4,000	ceo
Apr 01, 2024	slessor mike	sold	-183,755	45.9387	-4,000	ceo

Which funds bought or sold FORM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.38	157,264	3,572,140	-%
May 16, 2024	CASTLEARK MANAGEMENT LLC	added	1.22	384,326	3,963,880	0.16%
May 16, 2024	COMERICA BANK	reduced	-7.34	22,564	1,667,070	0.01%
May 16, 2024	Grandeur Peak Global Advisors, LLC	new	-	5,633,300	5,633,300	0.45%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-36.00	-702,477	1,640,120	-%
May 15, 2024	Amitell Capital Pte Ltd	added	853	4,929,070	5,451,740	4.62%
May 15, 2024	Mariner, LLC	added	2.26	43,662	411,628	-%
May 15, 2024	Squarepoint Ops LLC	new	-	253,110	253,110	-%
May 15, 2024	OLIVER LAGORE VANVALIN INVESTMENT GROUP	sold off	-100	-20,855	-	-%
May 15, 2024	Cipher Capital LP	new	-	225,230	225,230	0.10%

Are Funds Buying or Selling FORM?

Are funds buying FORM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FORM

No. of Funds

Unveiling FormFactor Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.16%	9,468,123	SC 13G/A
Feb 12, 2024	earnest partners llc	7.8%	6,053,436	SC 13G/A
Jan 22, 2024	blackrock inc.	15.3%	11,913,676	SC 13G/A
Feb 13, 2023	earnest partners llc	9.1%	6,976,807	SC 13G/A
Feb 09, 2023	vanguard group inc	11.71%	9,021,283	SC 13G/A
Jan 26, 2023	blackrock inc.	16.0%	12,320,464	SC 13G/A
Jan 20, 2023	blackrock inc.	16.0%	12,320,464	SC 13G/A
Feb 09, 2022	earnest partners llc	8.9%	6,987,640	SC 13G/A
Feb 04, 2022	wellington management group llp	3.81%	2,979,461	SC 13G/A
Jan 27, 2022	blackrock inc.	15.2%	11,884,238	SC 13G/A

Recent SEC filings of FormFactor Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 14, 2024	144	Notice of Insider Sale Intent
May 13, 2024	4	Insider Trading
May 10, 2024	144	Notice of Insider Sale Intent
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to FormFactor Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

FormFactor Inc News

Latest updates

FormFactor Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.3%	169	168	172	156	167	166	181	204	197	205	190	188	187	197	178	158	161	179	141	138	132
Gross Profit	-7.6%	63.00	68.00	69.00	60.00	61.00	45.00	62.00	94.00	94.00	90.00	80.00	76.00	77.00	78.00	77.00	66.00	67.00	74.00	55.00	55.00	53.00
Operating Expenses	3.5%	62.00	60.00	67.00	62.00	61.00	61.00	58.00	62.00	60.00	58.00	57.00	56.00	54.00	57.00	55.00	44.00	49.00	51.00	46.00	46.00	45.00
S&GA Expenses	5.2%	33.00	31.00	36.00	33.00	33.00	34.00	32.00	33.00	33.00	32.00	31.00	30.00	30.00	33.00	32.00	23.00	28.00	29.00	26.00	26.00	25.00
R&D Expenses	1.6%	29.00	28.00	31.00	28.00	28.00	27.00	27.00	28.00	27.00	25.00	26.00	25.00	24.00	24.00	23.00	21.00	21.00	22.00	20.00	20.00	20.00
EBITDA Margin	20.9%	0.22*	0.18*	0.04*	0.04*	0.08*	0.12*	0.17*	0.19*	0.18*	0.16*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	178.9%	3.00	-4.00	2.00	1.00	1.00	-0.10	1.00	0.00	-0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00
Income Taxes	-48.9%	3.00	6.00	1.00	-0.21	0.00	-1.73	1.00	3.00	4.00	6.00	3.00	2.00	3.00	2.00	-0.50	2.00	3.00	6.00	2.00	2.00	2.00
Earnings Before Taxes	-69.6%	25.00	82.00	5.00	1.00	1.00	-15.45	6.00	33.00	34.00	32.00	23.00	20.00	23.00	21.00	22.00	23.00	19.00	24.00	10.00	9.00	8.00
EBT Margin	26.2%	0.17*	0.13*	-0.01*	-0.01*	0.03*	0.08*	0.13*	0.15*	0.14*	0.13*	0.12*	0.12*	-	-	-	-	-	-	-	-	-
Net Income	-71.3%	22.00	76.00	4.00	1.00	1.00	-13.73	4.00	30.00	30.00	26.00	20.00	18.00	20.00	19.00	23.00	20.00	16.00	19.00	8.00	7.00	5.00
Net Income Margin	24.6%	0.15*	0.12*	-0.01*	-0.01*	0.03*	0.07*	0.11*	0.13*	0.12*	0.11*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	2966.2%	20.00	-0.68	15.00	2.00	-7.39	-5.49	15.00	28.00	29.00	24.00	14.00	16.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.2%	1,120	1,107	1,033	1,025	1,020	1,008	1,022	1,042	1,057	1,021	1,007	989	980	963	916	884	849	840	794	758	757
Current Assets	2.6%	588	574	507	478	481	475	516	537	556	524	507	497	498	487	456	455	426	419	390	348	338
Cash Equivalents	9.3%	194	178	109	98.00	112	109	121	136	167	151	154	160	174	191	185	200	170	148	125	127	108
Inventory	-2.6%	109	112	112	120	117	123	132	143	126	112	115	112	105	99.00	95.00	88.00	79.00	83.00	86.00	84.00	83.00
Net PPE	0.7%	206	204	204	205	198	190	163	158	152	147	140	125	112	104	98.00	84.00	64.00	59.00	56.00	54.00	55.00
Goodwill	-0.7%	200	201	200	212	212	211	209	212	212	212	213	215	214	213	221	200	200	199	11.00	189	189
Liabilities	-1.0%	196	198	192	191	195	200	214	212	210	205	220	219	214	219	201	194	183	199	179	153	164
Current Liabilities	-0.4%	131	131	130	124	128	150	164	160	155	149	160	154	147	155	136	123	117	137	142	103	101
Long Term Debt	-2.1%	13.00	13.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	15.00	18.00	20.00	22.00	25.00	27.00	29.00	14.00	16.00	-	13.00	24.00
LT Debt, Current	0.7%	1.00	1.00	1.00	1.00	1.00	1.00	3.00	5.00	7.00	9.00	9.00	9.00	9.00	10.00	9.00	21.00	32.00	43.00	46.00	34.00	34.00
LT Debt, Non Current	-100.0%	-	13.00	14.00	14.00	14.00	14.00	15.00	15.00	15.00	15.00	18.00	20.00	22.00	25.00	27.00	29.00	14.00	16.00	-	13.00	24.00
Shareholder's Equity	1.6%	924	909	841	834	824	808	808	830	847	816	786	770	767	744	714	691	666	641	615	604	593
Retained Earnings	42.4%	73.00	51.00	-24.51	-28.89	-29.71	-31.06	-17.33	-21.68	-51.92	-81.79	-107	-128	-146	-165	-184	-207	-228	-244	-262	-271	-278
Additional Paid-In Capital	-0.5%	857	861	874	868	858	845	843	861	903	899	892	894	915	904	897	898	896	886	880	875	872
Accumulated Depreciation	1.1%	362	358	-	-	-	-	-	-	-	-	-	-	-	-	287	282	277	273	268	271	261
Shares Outstanding	-0.2%	77.00	77.00	78.00	77.00	77.00	77.00	77.00	78.00	78.00	78.00	78.00	78.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,892	-	-	-	2,239	-	-	-	-	-	-	-	1,800	-	-	-	546	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	256.9%	33,012	9,250	20,571	22,472	12,309	20,738	24,247	42,646	44,155	38,927	34,282	33,799	32,356	45,047	41,762	43,108	39,339	37,670	28,002	34,738	20,638
Share Based Compensation	12.1%	10,405	9,283	10,839	9,204	9,290	9,464	7,995	6,358	7,520	7,799	7,920	6,588	7,077	7,056	5,509	5,642	5,623	6,088	6,504	5,289	5,295
Cashflow From Investing	-104.8%	-3,820	79,043	-1,530	-34,925	-13,539	-23,691	-10,902	-20,033	-21,078	-29,765	-35,163	-19,891	-39,922	-42,727	-35,218	-15,535	-5,442	-26,305	-27,577	-3,138	-9,332
Cashflow From Financing	32.3%	-14,492	-21,403	-5,357	-329	4,378	-10,968	-27,701	-51,247	-6,016	-10,330	-4,953	-28,148	-3,768	-1,965	-21,705	1,806	-9,071	12,398	-1,939	-13,105	-3,932
Buy Backs	-12.1%	17,398	19,801	-	-	-	8,850	19,150	44,931	9,397	87.00	-	18,213	5,738	-	-	-	-	-	-	-	-

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FORM Income Statement

2024-03-30

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Revenues	$ 168,725	$ 167,448
Cost of revenues	105,987	106,370
Gross profit	62,738	61,078
Operating expenses:
Research and development	28,627	28,245
Selling, general and administrative	33,079	32,742
Total operating expenses	61,706	60,987
Gain (loss) on disposition of business	20,271	0
Operating income	21,303	91
Interest income, net	3,156	1,276
Other income, net	520	23
Income before income taxes	24,979	1,390
Provision for income taxes	3,198	48
Net income	$ 21,781	$ 1,342
Net income per share:
Basic (in dollars per share)	$ 0.28	$ 0.02
Diluted (in dollars per share)	$ 0.28	$ 0.02
Weighted-average number of shares used in per share calculations:
Basic (in shares)	77,452	77,066
Diluted (in shares)	78,490	77,255

FORM Balance Sheet

2024-03-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 186,296	$ 177,812
Marketable securities	162,863	150,507
Accounts receivable, net of allowance for credit losses of $501 and $501	96,407	102,957
Inventories, net	108,774	111,685
Restricted cash	5,865	1,152
Prepaid expenses and other current assets	28,291	29,667
Total current assets	588,496	573,780
Restricted cash	2,220	2,309
Operating lease, right-of-use-assets	28,543	30,519
Property, plant and equipment, net of accumulated depreciation	205,772	204,399
Goodwill	199,653	201,090
Intangibles, net	12,297	12,938
Deferred tax assets	80,007	78,964
Other assets	2,810	2,795
Total assets	1,119,798	1,106,794
Current liabilities:
Accounts payable	65,995	63,857
Accrued liabilities	37,716	41,037
Current portion of term loan, net of unamortized issuance costs	1,083	1,075
Deferred revenue	17,519	16,704
Operating lease liabilities	8,245	8,422
Total current liabilities	130,558	131,095
Term loan, less current portion, net of unamortized issuance costs	13,041	13,314
Long-term operating lease liabilities	23,432	25,334
Deferred grant	18,000	18,000
Other liabilities	11,017	10,247
Total liabilities	196,048	197,990
Stockholders’ equity:
Common stock, $0.001 par value	77	77
Additional paid-in capital	857,326	861,448
Accumulated other comprehensive loss	(6,765)	(4,052)
Accumulated income	73,112	51,331
Total stockholders’ equity	923,750	908,804
Total liabilities and stockholders’ equity	$ 1,119,798	$ 1,106,794

About FormFactor Inc

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 probe 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, China, France, Germany, Italy, the United Kingdom, Japan, Singapore, South Korea, Taiwan, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.

CEO	Dr. Michael D. Slessor
WEBSITE	formfactor.com
INDUSTRY	Semiconductors
EMPLOYEES	2105

FormFactor Inc Frequently Asked Questions

What is the ticker symbol for FormFactor Inc? What does FORM stand for in stocks?

FORM is the stock ticker symbol of FormFactor Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FormFactor Inc (FORM)?

As of Fri May 17 2024, market cap of FormFactor Inc is 4.3 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FORM stock?

You can check FORM's fair value in chart for subscribers.

What is the fair value of FORM stock?

You can check FORM's fair value in chart for subscribers. The fair value of FormFactor Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FormFactor Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FORM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FormFactor Inc a good stock to buy?

The fair value guage provides a quick view whether FORM is over valued or under valued. Whether FormFactor Inc is cheap or expensive depends on the assumptions which impact FormFactor Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FORM.

What is FormFactor Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FORM's PE ratio (Price to Earnings) is 41.81 and Price to Sales (PS) ratio is 6.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FORM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FormFactor Inc's stock?

In the past 10 years, FormFactor Inc has provided 0.26 (multiply by 100 for percentage) rate of return.