FormFactor Inc
Research FormFactor Inc (FORM) on Bullrun: valuation model: 39.8% overvalued, market cap USD 10.91B, P/E 95.8. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFORM
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySemiconductor Equipment & Materials
- CurrencyUSD
- Valuation signal39.8% overvalued
- Market capUSD 10.91B
- P/E95.8
- Financial periodQ2 2026
- RevenueUSD 258.24M
- Net incomeUSD 56.21M
- Free cash flowUSD 52.20M
- Gross margin50.7%
Valuation Snapshot
Bullrun's latest valuation model marks FormFactor Inc as 39.8% overvalued; latest market cap is USD 10.91B; P/E is 95.8.
Peer valuation comparison
Latest P/E is 95.76x versus a Technology sector median of 28.78x (232.7% above).
Latest P/E is 95.76x versus a United States median of 23.85x (301.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 784.99M | USD 54.36M | USD 11.74M | 39.3% | 0.69 | USD 103.33M | USD 12.21M | USD 1.04B |
| FY2024 | USD 763.60M | USD 69.61M | USD 79.10M | 40.3% | 0.89 | USD 190.73M | USD 13.31M | USD 947.77M |
| FY2023 | USD 663.10M | USD 82.39M | USD 8.58M | 39.0% | 1.05 | USD 177.81M | USD 14.39M | USD 908.80M |
| FY2022 | USD 747.94M | USD 50.74M | USD 66.53M | 39.6% | 0.65 | USD 109.13M | USD 15.43M | USD 808.29M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 10.91B | 95.8 | n/a | n/a |
| 2025 | 2025-12-31 | USD 4.33B | 79.7 | n/a | n/a |
| 2024 | 2024-12-31 | USD 3.39B | 49.4 | n/a | n/a |
| 2023 | 2023-12-29 | USD 3.25B | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.71B | 19.5 | n/a | n/a |
| 2021 | 2021-12-31 | USD 3.58B | 43.1 | n/a | n/a |
About FormFactor Inc
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments.
ETFs that hold FormFactor Inc
FormFactor Inc is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P SmallCap 600 UCITS ETF USD (Dist) | 0.68% | 0.30% |
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Frequently asked questions
Is FormFactor Inc overvalued or undervalued?
Bullrun's valuation model currently marks FormFactor Inc as 39.8% overvalued.
What is FormFactor Inc's market cap?
FormFactor Inc's market capitalization is USD 10.91B.
What is FormFactor Inc's P/E ratio?
FormFactor Inc's price-to-earnings (P/E) ratio is 95.8.
What does FormFactor Inc do?
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments.