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FORM

FORM - FormFactor Inc Stock Price, Fair Value and News

45.48USD+0.63 (+1.40%)Delayed as of 28 Mar 2024, 01:03 pm ET

Market Summary

FORM
USD45.48+0.63
Delayedas of 28 Mar 2024, 01:03 pm
1.40%

FORM Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

FORM Stock Price

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FORM RSI Chart

FORM Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

42.24

Price/Sales (Trailing)

5.25

EV/EBITDA

27.56

Price/Free Cashflow

405.86

FORM Price/Sales (Trailing)

FORM Profitability

EBT Margin

13.46%

Return on Equity

9.07%

Return on Assets

7.44%

Free Cashflow Yield

0.25%

FORM Fundamentals

FORM Revenue

Revenue (TTM)

663.1M

Rev. Growth (Yr)

1.31%

Rev. Growth (Qtr)

-1.99%

FORM Earnings

Earnings (TTM)

82.4M

Earnings Growth (Yr)

652.53%

Earnings Growth (Qtr)

1.6K%

Breaking Down FORM Revenue

52 Week Range

24.8846.15
(Low)(High)

Last 7 days

1.5%

Last 30 days

3.5%

Last 90 days

4.6%

Trailing 12 Months

50.1%

How does FORM drawdown profile look like?

FORM Financial Health

Current Ratio

4.38

Debt/Equity

0.01

Debt/Cashflow

4.85

FORM Investor Care

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

1.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023718.2M670.2M660.9M663.1M
2022780.2M796.0M786.9M747.9M
2021719.5M749.8M761.7M769.7M
2020618.0M637.8M675.2M693.6M
2019543.6M546.1M551.7M589.5M
2018537.9M529.4M520.7M529.7M
2017459.1M520.0M540.4M548.4M
2016265.1M274.3M331.8M383.9M
2015283.4M289.9M281.9M282.4M
2014234.9M239.5M245.8M268.5M
2013196.3M204.3M230.6M231.5M
2012163.7M172.0M161.1M178.5M
2011189.3M178.2M183.0M169.3M
20100153.1M170.8M188.6M
2009000135.3M

Tracking the Latest Insider Buys and Sells of FormFactor Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 19, 2024
brewer kevin j
acquired
-
-
749
-
Mar 04, 2024
shahar shai
sold
-445,122
44.5122
-10,000
cfo, svp global finance
Mar 01, 2024
slessor mike
sold
-173,518
43.3795
-4,000
ceo
Feb 13, 2024
slessor mike
gifted
-
-
-3,500
ceo
Feb 12, 2024
shahar shai
sold
-421,246
42.1246
-10,000
cfo, svp global finance
Feb 07, 2024
slessor mike
sold (taxes)
-85,693
38.12
-2,248
ceo
Feb 07, 2024
shahar shai
sold (taxes)
-46,201
38.12
-1,212
cfo, svp global finance
Dec 01, 2023
obregon-jimenez rebeca
sold
-318,461
37.5101
-8,490
-
Nov 20, 2023
shahar shai
sold
-656,190
39.4867
-16,618
cfo, svp global finance

1–10 of 50

Which funds bought or sold FORM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-19.96
-12,443
266,903
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
sold off
-100
-69,880
-
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-2.99
53,908,000
394,915,000
0.01%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-16.87
-29,890
3,867,110
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
90.05
43,015,200
76,919,600
0.01%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.81
272,503
1,753,160
0.01%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
74.52
929,000
1,787,000
0.02%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-10.44
2,407
30,407
-%
Feb 16, 2024
CIM INVESTMENT MANAGEMENT INC
unchanged
-
40,647
250,427
0.08%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-0.96
3,301,000
21,409,000
-%

1–10 of 47

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 21, 2024
3
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
8-K
Current Report
Mar 05, 2024
4
Insider Trading
Mar 04, 2024
144
Notice of Insider Sale Intent
Mar 04, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Feb 23, 2024
4/A
Insider Trading
Feb 23, 2024
10-K
Annual Report
Feb 15, 2024
4
Insider Trading

What is the Fair Value of FORM?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Cheap
or
Expensive?


Returns of $10,000 invested in:

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


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to FormFactor Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
60.9B
29.85% 266.53%
75.82
37.04
125.85% 581.31%
290.2B
22.7B
3.32% 83.62%
339.79
12.79
-3.90% -35.30%
185.1B
54.2B
-2.16% 42.80%
109.57
3.41
-14.00% -78.92%
172.8B
26.5B
5.35% 71.49%
24.15
6.53
0.88% 10.98%
95.9B
11.6B
2.80% 4.12%
34.05
8.29
-8.03% -17.90%
MID-CAP
8.0B
6.5B
5.46% 23.23%
22.37
1.24
-8.30% -53.02%
5.0B
1.8B
0.66% -12.03%
28.17
2.77
-11.16% -46.12%
3.7B
1.1B
-3.53% -13.00%
14.9
3.25
22.89% 34.51%
3.2B
1.7B
0.34% -24.83%
14.23
1.95
-16.94% -31.42%
2.1B
258.2M
-6.99% -35.84%
-17.21
7.99
-25.06% -98.60%
SMALL-CAP
1.7B
557.7M
57.51% 159.16%
22.32
3.1
43.44% 97.00%
617.6M
640.0M
-3.44% -13.37%
-36.02
0.96
-19.44% -128.49%
359.5M
81.5M
-17.13% -54.54%
17.11
4.41
33.53% 70.08%
160.5M
550.0K
-14.53% 9.12%
-8.11
291.85
43.98% -13.47%
75.6M
116.7M
11.50% -47.44%
-3.94
0.65
15.07% -240.88%

FormFactor Inc News

Latest updates
Defense World • 32 hours ago
InvestorsObserver • 20 Mar 2024 • 01:55 pm
InvestorsObserver • 08 Mar 2024 • 08:00 am
Yahoo Finance • 05 Mar 2024 • 08:00 am
Seeking Alpha • 26 Feb 2024 • 08:00 am

FormFactor Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.0%168172156167166181204197205190188187197178158161179141138132141
Gross Profit-1.9%68.0069.0060.0061.0045.0062.0094.0094.0090.0080.0076.0077.0078.0077.0066.0067.0074.0055.0055.0053.0056.00
Operating Expenses-10.5%60.0067.0062.0061.0061.0058.0062.0060.0058.0057.0056.0054.0057.0055.0044.0049.0051.0046.0046.0045.0044.00
  S&GA Expenses-11.6%31.0036.0033.0033.0034.0032.0033.0033.0032.0031.0030.0030.0033.0032.0023.0028.0029.0026.0026.0025.0026.00
  R&D Expenses-9.2%28.0031.0028.0028.0027.0027.0028.0027.0025.0026.0025.0024.0024.0023.0021.0021.0022.0020.0020.0020.0018.00
EBITDA Margin354.8%0.18*0.04*0.04*0.08*0.12*0.17*0.19*0.18*0.16*0.15*0.15*0.16*---------
Interest Expenses-340.6%-4.002.001.001.00-0.101.000.00-0.050.000.000.000.000.000.000.000.000.000.001.001.001.00
Income Taxes695.7%6.001.00-0.210.00-1.731.003.004.006.003.002.003.002.00-0.502.003.006.002.002.002.00-73.44
Earnings Before Taxes1492.0%82.005.001.001.00-15.456.0033.0034.0032.0023.0020.0023.0021.0022.0023.0019.0024.0010.009.008.0012.00
EBT Margin1173.5%0.13*-0.01*-0.01*0.03*0.08*0.13*0.15*0.14*0.13*0.12*0.12*0.12*---------
Net Income1635.2%76.004.001.001.00-13.734.0030.0030.0026.0020.0018.0020.0019.0023.0020.0016.0019.008.007.005.0085.00
Net Income Margin1242.7%0.12*-0.01*-0.01*0.03*0.07*0.11*0.13*0.12*0.11*0.10*0.11*0.11*---------
Free Cashflow-104.7%-0.6815.002.00-7.39-5.4915.0028.0029.0024.0014.0016.0019.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets7.1%1,1071,0331,0251,0201,0081,0221,0421,0571,0211,007989980963916884849840794758757728
  Current Assets13.3%574507478481475516537556524507497498487456455426419390348338338
    Cash Equivalents63.5%17810998.00112109121136167151154160174191185200170148125127108101
  Inventory0.1%11211212011712313214312611211511210599.0095.0088.0079.0083.0086.0084.0083.0078.00
  Net PPE0.4%20420420519819016315815214714012511210498.0084.0064.0059.0056.0054.0055.0054.00
  Goodwill0.3%20120021221221120921221221221321521421322120020019911.00189189189
Liabilities3.0%198192191195200214212210205220219214219201194183199179153164148
  Current Liabilities1.2%131130124128150164160155149160154147155136123117137142103101103
  Long Term Debt-2.0%13.0014.0014.0014.0014.0015.0015.0015.0015.0018.0020.0022.0025.0027.0029.0014.0016.00-13.0024.0035.00
    LT Debt, Current0.7%1.001.001.001.001.003.005.007.009.009.009.009.0010.009.0021.0032.0043.0046.0034.0034.0030.00
    LT Debt, Non Current-2.0%13.0014.0014.0014.0014.0015.0015.0015.0015.0018.0020.0022.0025.0027.0029.0014.0016.00-13.0024.0035.00
Shareholder's Equity8.1%909841834824808808830847816786770767744714691666641615604593580
  Retained Earnings309.4%51.00-24.51-28.89-29.71-31.06-17.33-21.68-51.92-81.79-107-128-146-165-184-207-228-244-262-271-278-283
  Additional Paid-In Capital-1.4%861874868858845843861903899892894915904897898896886880875872863
Accumulated Depreciation--------------287282277273268271261263
Shares Outstanding-0.6%77.0078.0077.0077.0077.0077.0078.0078.0078.0078.0078.0078.00---------
Float---1,892---2,239-------1,800---546--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-55.0%9,25020,57122,47212,30920,73824,24742,64644,15538,92734,28233,79932,35645,04741,76243,10839,33937,67028,00234,73820,63822,562
  Share Based Compensation-14.4%9,28310,8399,2049,2909,4647,9956,3587,5207,7997,9206,5887,0777,0565,5095,6425,6236,0886,5045,2895,2955,406
Cashflow From Investing5266.2%79,043-1,530-34,925-13,539-23,691-10,902-20,033-21,078-29,765-35,163-19,891-39,922-42,727-35,218-15,535-5,442-26,305-27,577-3,138-9,332-7,832
Cashflow From Financing-299.5%-21,403-5,357-3294,378-10,968-27,701-51,247-6,016-10,330-4,953-28,148-3,768-1,965-21,7051,806-9,07112,398-1,939-13,105-3,932-7,597
  Buy Backs-19,801---8,85019,15044,9319,39787.00-18,2135,738---------

FORM Income Statement

2023-12-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
Income Statement [Abstract]   
Revenues$ 663,102$ 747,937$ 769,674
Cost of revenues404,522451,928446,907
Gross profit258,580296,009322,767
Operating expenses:   
Research and development115,765109,222100,937
Selling, general and administrative133,012131,875123,792
Total operating expenses248,777241,097224,729
Gain on sale of business72,95300
Operating income82,75654,91298,038
Interest income7,2172,220569
Interest expense(421)(579)(602)
Other income (expense), net(285)1,317495
Income before income taxes89,26757,87098,500
Provision for income taxes6,8807,13214,576
Net income$ 82,387$ 50,738$ 83,924
Net income per share:   
Basic (in USD per share)$ 1.06$ 0.65$ 1.08
Diluted (in USD per share)$ 1.05$ 0.65$ 1.06
Weighted-average number of shares used in per share calculations:   
Basic (in shares)77,37077,57877,787
Diluted (in shares)78,15978,20179,133

FORM Balance Sheet

2023-12-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 177,812$ 109,130
Marketable securities150,507129,006
Accounts receivable, net102,95788,143
Inventories, net111,685123,157
Restricted cash1,1521,221
Prepaid expenses and other current assets29,66723,895
Total current assets573,780474,552
Restricted cash2,3092,631
Operating lease, right-of-use-assets30,51931,362
Property, plant and equipment, net204,399189,848
Goodwill201,090211,444
Intangibles, net12,93826,751
Deferred tax assets78,96467,646
Other assets2,7953,994
Total assets1,106,7941,008,228
Current liabilities:  
Accounts payable63,85769,308
Accrued liabilities41,03742,115
Current portion of term loans, net of unamortized issuance cost of $5 and $51,0751,045
Deferred revenue16,70429,846
Operating lease liabilities8,4227,353
Total current liabilities131,095149,667
Term loans, less current portion, net of unamortized issuance cost of $55 and $6013,31414,389
Deferred tax liabilities02,732
Long-term operating lease liabilities25,33427,587
Deferred grant18,0000
Other liabilities10,2475,568
Total liabilities197,990199,943
Stockholders’ equity:  
Preferred stock00
Common stock7777
Additional paid-in capital861,448844,842
Accumulated other comprehensive loss(4,052)(5,578)
Accumulated income (deficit)51,331(31,056)
Total stockholders’ equity908,804808,285
Total liabilities and stockholders’ equity$ 1,106,794$ 1,008,228
FORM
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
 WEBSITEwww.formfactor.com
 EMPLOYEES2105

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 Wed Mar 27 2024, market cap of FormFactor Inc is 3.48 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 Wed Mar 27 2024, FORM's PE ratio (Price to Earnings) is 42.24 and Price to Sales (PS) ratio is 5.25. 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 0.203 (multiply by 100 for percentage) rate of return.