Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash-to-Debt 0.79
FORM's Cash-to-Debt is ranked lower than
64% of the 847 Companies
in the Global Semiconductors industry.

( Industry Median: 1.77 vs. FORM: 0.79 )
Ranked among companies with meaningful Cash-to-Debt only.
FORM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79  Med: No Debt Max: No Debt
Current: 0.79
Equity-to-Asset 0.65
FORM's Equity-to-Asset is ranked higher than
55% of the 844 Companies
in the Global Semiconductors industry.

( Industry Median: 0.62 vs. FORM: 0.65 )
Ranked among companies with meaningful Equity-to-Asset only.
FORM' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.28  Med: 0.87 Max: 0.91
Current: 0.65
-0.28
0.91
Interest Coverage N/A
FORM's Interest Coverage is ranked higher than
78% of the 662 Companies
in the Global Semiconductors industry.

( Industry Median: 55.60 vs. FORM: N/A )
Ranked among companies with meaningful Interest Coverage only.
FORM' s Interest Coverage Range Over the Past 10 Years
Min: N/A  Med: No Debt Max: No Debt
Current: N/A
N/A
No Debt
Piotroski F-Score: 3
Altman Z-Score: 2.05
Beneish M-Score: -1.67
WACC vs ROIC
13.92%
-1.82%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating Margin % -12.48
FORM's Operating Margin % is ranked lower than
82% of the 844 Companies
in the Global Semiconductors industry.

( Industry Median: 4.69 vs. FORM: -12.48 )
Ranked among companies with meaningful Operating Margin % only.
FORM' s Operating Margin % Range Over the Past 10 Years
Min: -107.28  Med: -30.65 Max: 20.17
Current: -12.48
-107.28
20.17
Net Margin % -1.71
FORM's Net Margin % is ranked lower than
70% of the 843 Companies
in the Global Semiconductors industry.

( Industry Median: 3.63 vs. FORM: -1.71 )
Ranked among companies with meaningful Net Margin % only.
FORM' s Net Margin % Range Over the Past 10 Years
Min: -115.01  Med: -22.41 Max: 15.77
Current: -1.71
-115.01
15.77
ROE % -1.80
FORM's ROE % is ranked lower than
72% of the 826 Companies
in the Global Semiconductors industry.

( Industry Median: 4.52 vs. FORM: -1.80 )
Ranked among companies with meaningful ROE % only.
FORM' s ROE % Range Over the Past 10 Years
Min: -38.08  Med: -10.69 Max: 10.63
Current: -1.8
-38.08
10.63
ROA % -1.24
FORM's ROA % is ranked lower than
70% of the 850 Companies
in the Global Semiconductors industry.

( Industry Median: 2.48 vs. FORM: -1.24 )
Ranked among companies with meaningful ROA % only.
FORM' s ROA % Range Over the Past 10 Years
Min: -33.56  Med: -9.48 Max: 9.41
Current: -1.24
-33.56
9.41
ROC (Joel Greenblatt) % -55.47
FORM's ROC (Joel Greenblatt) % is ranked lower than
89% of the 849 Companies
in the Global Semiconductors industry.

( Industry Median: 9.62 vs. FORM: -55.47 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
FORM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -205.42  Med: -83.68 Max: 61.76
Current: -55.47
-205.42
61.76
3-Year Revenue Growth Rate 11.40
FORM's 3-Year Revenue Growth Rate is ranked higher than
75% of the 720 Companies
in the Global Semiconductors industry.

( Industry Median: 2.80 vs. FORM: 11.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
FORM' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -1.8 Max: 32.6
Current: 11.4
0
32.6
3-Year EBITDA Growth Rate -68.60
FORM's 3-Year EBITDA Growth Rate is ranked lower than
99% of the 544 Companies
in the Global Semiconductors industry.

( Industry Median: 5.50 vs. FORM: -68.60 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
FORM' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -68.6  Med: -17.45 Max: 66.4
Current: -68.6
-68.6
66.4
3-Year EPS without NRI Growth Rate -54.50
FORM's 3-Year EPS without NRI Growth Rate is ranked lower than
94% of the 487 Companies
in the Global Semiconductors industry.

( Industry Median: 0.90 vs. FORM: -54.50 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
FORM' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -65  Med: -34.4 Max: 94
Current: -54.5
-65
94
GuruFocus has detected 5 Warning Signs with FormFactor Inc $FORM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» FORM's 10-Y Financials

Financials (Next Earnings Date: 2017-05-08 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

FORM Guru Trades in Q1 2016

Chuck Royce 1,214,207 sh (+31.26%)
Jim Simons 1,704,800 sh (+10.32%)
PRIMECAP Management 8,336,959 sh (+1.39%)
Ken Fisher 347,069 sh (-8.59%)
» More
Q2 2016

FORM Guru Trades in Q2 2016

Jim Simons 2,389,622 sh (+40.17%)
Chuck Royce 1,419,059 sh (+16.87%)
PRIMECAP Management 8,583,018 sh (+2.95%)
Ken Fisher 347,069 sh (unchged)
» More
Q3 2016

FORM Guru Trades in Q3 2016

Jim Simons 2,485,522 sh (+4.01%)
Chuck Royce 1,426,559 sh (+0.53%)
PRIMECAP Management 8,423,318 sh (-1.86%)
Ken Fisher 261,647 sh (-24.61%)
» More
Q4 2016

FORM Guru Trades in Q4 2016

Chuck Royce 1,621,045 sh (+13.63%)
PRIMECAP Management 6,993,918 sh (-16.97%)
Jim Simons 2,034,454 sh (-18.15%)
Ken Fisher 190,196 sh (-27.31%)
» More
» Details

Insider Trades

Latest Guru Trades with FORM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Semiconductors » Semiconductors    NAICS: 334413    SIC: 3674
Compare:NAS:IMOS, NAS:CEVA, NAS:AMCC, NAS:LSCC, NAS:QTNA, NYSE:EXAR, NAS:AAOI, NAS:IXYS, NAS:DIOD, NAS:AOSL, NAS:NVEC, NYSE:NPTN, NYSE:INVN, OTCPK:SANJF, NYSE:MX, NAS:KOPN, NAS:DSPG, NYSE:SQNS, NAS:EMKR, NAS:SIGM » details
Traded in other countries:FMF.Germany,
Headquarter Location:USA
FormFactor Inc designs, develops, manufactures, sells and supports precision, high performance advanced semiconductor probe card products.

FormFactor designs, develops, manufactures, sells, and supports advanced semiconductor probe card products. Probe cards are used to perform wafer tests--in other words, the testing of the semiconductor die, or chips, while the die are still constituted on the semiconductor wafer. Wafer tests enable semiconductor manufacturers to determine whether die will meet specifications and be saleable. FormFactor customizes its probe cards for its customers' unique wafer and chip design, by modifying and adapting their product architectures to meet design layouts. Customers for the company include semiconductor chip manufacturers in the DRAM, Flash, and SoC markets.

Top Ranked Articles about FormFactor Inc

FormFactor to Announce First Quarter 2017 Financial Results on May 3
FormFactor Completes Acquisition of Cascade Microtech

Increasing Scale and Diversification; Accelerating Earnings Growth

LIVERMORE, CA--(Marketwired - Jun 24, 2016) - FormFactor, Inc. (NASDAQ: FORM) today announced that it has completed the acquisition of Beaverton, Oregon-based Cascade Microtech, Inc. "By completing the acquisition of Cascade Microtech, FormFactor transforms into a broader test and measurement market leader with significant scale and increased diversification," said Mike Slessor, FormFactor's President and Chief Executive Officer. "Against a robust demand environment for the combined company's products and technologies, we will benefit from significant financial synergies, driving improved gross margins, profitability and earnings accretion on a non-GAAP basis in the second half of 2016 and beyond," added Slessor. Ray Link to Join Board of Directors In conjunction with this acquisition, FormFactor is appointing Mr. Ray Link to its board of directors, effective June 27, 2016. Mr. Link, formerly a member of the Cascade Microtech's board of directors, brings his significant financial and operational management experience with publicly held companies in the technology sector. He also currently serves on the board of directors of Electro Scientific Industries, Inc., and nLight Corporation. Additional Transaction Details The former shareholders of Cascade Microtech approved of the transaction on June 23, 2016. At the effective time of the acquisition, the outstanding shares of Cascade Microtech common stock were each cancelled and converted into the right to receive $16.00 in cash, without interest, and 0.6534 of a share of FormFactor common stock. The total consideration payable on the cancelled shares consists of approximately 10.5 million shares of FormFactor common stock and approximately $255.9 million in cash to former Cascade Microtech shareholders. As a result of the acquisition, Cascade Microtech shares will cease to be traded on the NASDAQ Global Market effective today, June 24, 2016. In connection with the acquisition, FormFactor entered into a Credit Agreement with HSBC Bank USA, National Association, as administrative agent, co-lead arranger, sole bookrunner and syndication agent, and other lenders that may from time to time be a party to the Credit Agreement. Pursuant to the Credit Agreement, the lenders have provided FormFactor with a senior secured term loan facility of $150 million to finance a portion of the cash used to complete the transaction and pay fees and expenses related to the facility. Needham & Company, LLC, acted as financial advisor and Davis Polk & Wardwell LLP acted as legal counsel to FormFactor. Stifel, Nicolaus & Company, Incorporated, acted as financial advisor and Perkins Coie LLP acted as legal counsel to Cascade Microtech. About FormFactor: FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. The company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com. FormFactor, and the FormFactor logo, are registered or unregistered trademarks of FormFactor, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners. About Cascade: Cascade Microtech, Inc. is a worldwide leader in precision contact, electrical measurement and test of integrated circuits (ICs), optical devices and other small structures. For technology businesses and scientific institutions that need to evaluate small structures, Cascade Microtech delivers access to electrical data from wafers, ICs, IC packages, circuit boards and modules, MEMS, 3D TSV, LED devices and more. Cascade Microtech's leading-edge stations, probes, probe cards, advanced thermal subsystems and integrated systems deliver precision accuracy and superior performance both in the lab and during production manufacturing of high-speed and high-density semiconductor chips. Forward-Looking Statements This communication contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including with respect to FormFactor's future financial and operating results, FormFactor's plans, strategies and objectives of FormFactor for future operations, and the anticipated results of the acquisition by FormFactor of Cascade Microtech. These statements are based on management's current expectations and beliefs as of the date hereof, and are subject to a number of factors and uncertainties, many of which are beyond FormFactor's and Cascade Microtech's control, that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, expected financial synergies, gross margins, profitability and earnings accretion on a non-GAAP basis; future financial and operating results; benefits of the transaction to customers, shareholders and employees; potential synergies and cost savings; the ability of the combined company to drive growth and expand customer and partner relationships; the plans, strategies and objectives of FormFactor for future operations; the expected development, performance, market share or competitive performance relating to FormFactor's products and services; and other statements regarding FormFactor's business and the transaction. Forward-looking statements may contain words such as "may," "might," "will," "could," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "intend" and "continue," the negative or plural of these words and similar expressions, and include the assumptions that underlie such statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: failure of FormFactor to realize the benefits of its acquisition of Cascade Microtech; FormFactor's ability to remain in compliance with the terms of the Credit Agreement; FormFactor's ability to manage its outstanding debt; unexpected changes in demand for FormFactor's products; seasonal industry trends; risks to FormFactor's ability to realize further operational efficiencies, to realize sustainable profitability, to achieve its growth objectives and to meet customer demand for FormFactor's products; changes in the market and macro-economic environments and other factors, including those set forth in the most current Annual Report on Form 10-K, Quarterly Report on Form 10-Q and Current Reports on Form 8-K filed by FormFactor and Cascade Microtech with the U.S. Securities and Exchange Commission (the "SEC"), under the caption "Risk Factors" and elsewhere. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of FormFactor. Unless required by law, FormFactor is under no obligation (and expressly disclaims any such obligation) to update or revise its forward-looking statements whether as a result of new information, future events, or otherwise.


Investor Contacts:

Stan Finkelstein

Investor Relations

(925) 290-4321

[email protected]





Read more...
FormFactor to Participate in Upcoming Investor Events

LIVERMORE, CA--(Marketwired - May 26, 2016) - FormFactor, Inc. (NASDAQ: FORM) is pleased to announce its participation in the following investor conferences: D.A. Davidson & Co. 8th Annual Technology Forum

Location: The Roosevelt Hotel, New York, NY

Date: June 1st, 2016 Cowen and Company 44th Annual Technology, Media & Telecom Conference

Location: Lotte New York Palace, New York, NY

Date: June 2nd, 2016

Presentation Time: 2:00 PM ET Stifel 2016 Technology, Internet & Media Conference

Location: The Fairmont Hotel, San Francisco, CA

Date: June 7th, 2016

Presentation Time: 8:35 AM PT The company's Chief Executive Officer, Mike Slessor, will present. The public is invited to listen to a live webcast of FormFactor's presentations, which can be accessed from the investors' section of the company's website at www.formfactor.com. Replays of the webcast will also be available at www.formfactor.com. About FormFactor: FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. Headquartered in Livermore, California, the company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com. FormFactor, MicroProbe, and the FormFactor and MicroProbe logos are registered or unregistered trademarks of FormFactor, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners. FORM-F


Investor Contact:

Stan Finkelstein

Investor Relations

(925) 290-4321

[email protected]





Read more...
FormFactor to Present at B. Riley & Co. 17th Annual Investor Conference

LIVERMORE, CA--(Marketwired - May 20, 2016) - FormFactor, Inc. (NASDAQ: FORM) is pleased to announce its participation in the 17th Annual Investor Conference at Loews Hollywood Hotel, Los Angeles, on May 25, 2016, 11:30 am Pacific Time. The company's Chief Executive Officer, Mike Slessor, will present. The public is invited to listen to a live webcast of FormFactor's presentation, which can be accessed from the investors' section of the company's website at www.formfactor.com. Replays of the webcast will also be available at www.formfactor.com. About FormFactor: FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. Headquartered in Livermore, California, the company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com. FormFactor, MicroProbe, and the FormFactor and MicroProbe logos are registered or unregistered trademarks of FormFactor, Inc. All other product, trademark, company or service names mentioned herein are the property of their respective owners. FORM-F


Investor Contact:

Stan Finkelstein

Investor Relations

(925) 290-4321

[email protected]




Read more...
FormFactor Ranked 1st as THE BEST Supplier of Subsystems for Third Consecutive Year in VLSIresearch's Annual Customer Satisfaction Survey

Company's High Customer Satisfaction Ranking Coincides With Greater-Than-Market-Growth

LIVERMORE, CA--(Marketwired - May 19, 2016) - FormFactor, Inc. (NASDAQ: FORM) today announced that for the third consecutive year, it achieved the RANKED 1st spot in the 2016 THE BEST Suppliers of Subsystems. Subsystems -- which includes semiconductor probe cards -- is one of 11 market segments covered in the annual Customer Satisfaction Survey produced by leading market research firm, VLSIresearch. The RANKED 1st Supplier achievement acknowledges FormFactor's enduring commitment to customers. The company retained its customer satisfaction leadership position by commanding the highest scores in 12 of the 13 THE BEST Subsystems Supplier award categories, and tying in the last. FormFactor achieved its highest rated categories in "Partnering" and "Technology Leadership." "Being ranked THE BEST Supplier of Subsystems by our customers for three consecutive years is a testament to the technology expertise and dedication of the FormFactor team," said CEO Mike Slessor. "We are very pleased that our continued commitment to industry-leading R&D and support investments, guided by close customer collaborations, is reflected in both this ranking and our increasing share in the advanced probe card market." The company was also recognized for business performance when it was named Top Supplier of Semiconductor Probe Cards Worldwide for 2015. That report, released last month by VLSIresearch, revealed that FormFactor's growth for 2015 (by revenue) out-paced overall probe card market growth for the same period. G. Dan Hutcheson, CEO of VLSIresearch, attributed FormFactor's sustained superior rankings to the company's ability to enable the quality and reliability its customers need to innovate next-generation devices. "This year's result shows that FormFactor continues to deliver the technology, service and technical support that enable customers to meet aggressive market windows, while reducing their overall cost of test," he said. For more on VLSIresearch's 2016 Customer Satisfaction Survey, please visit www.vlsiresearch.com. About VLSIresearch VLSIresearch is an award-winning provider of market research and economic analysis on the technical, business, and economic aspects within semiconductor, nanotechnology, and related industries. VLSIresearch provides intelligence for faster and better decision making in the areas of semiconductors, photovoltaics, LEDs, manufacturing, materials, and critical subsystems. VLSIresearch was founded in 1976. About FormFactor FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. Headquartered in Livermore, California, the company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com. Forward-Looking Statements Statements in this press release that are not strictly historical in nature are forward-looking statements within the meaning of the federal securities laws, including statements regarding anticipated results, market conditions or trends, expectations and plans. These forward-looking statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to: the company's continuation of certain R&D and support investments; the company's ability to continue to deliver competitive and cost efficient technology, service and technical support to customers, and other factors. Additional information concerning factors that could cause actual events or results to differ materially from those suggested by any forward-looking statement is contained in the company's annual report on Form 10-K for the fiscal year ended December 26, 2015, as filed with the U.S. Securities and Exchange Commission (the "SEC"), and other reports filed with the SEC by the company, under the caption "Risk Factors" and elsewhere. Copies of these SEC filings are available at http://www.sec.gov. Unless required by law, the company assumes no obligation to update the information in this press release, to revise any forward-looking statements, or to update the reasons actual results could differ from those anticipated in forward-looking statements.


Trade Contact

Amy Leong

Marketing

(408) 468-8132

[email protected]


Investor Contact

Stan Finkelstein

Investor Relations

(925) 290-4321

[email protected]





Read more...
FormFactor Ranked Top Supplier of Semiconductor Probe Cards Worldwide by VLSIresearch

Company Outpaces Market Growth and Widens Lead in Advanced Probe Card Market

LIVERMORE, CA--(Marketwired - Apr 27, 2016) - In its annual Survey of semiconductor probe card suppliers for 2015, leading market research firm VLSIresearch again ranked FormFactor (NASDAQ: FORM) as the world's number one supplier on a revenue basis. FormFactor's revenue for 2015 was $282 million, up 5.1 percent from 2014, which outpaced overall probe card market growth. According to the survey, worldwide sales of semiconductor probe cards for 2015 totaled $1.4 billion, and VLSIresearch forecasts those sales will reach $1.7 billion by 2020. Risto Puhakka, President of VLSIresearch commended FormFactor on its strong gains and steady growth, noting, "The company has retained its top supplier position by reliably delivering advanced high-performing probe card solutions and providing excellent technical service and support." FormFactor widened its lead at the high end of the market, with sales of $275 million in the $1.1 billion advanced probe card sector. FormFactor's sales were approximately 30 percent higher than the second-ranked supplier, and nearly triple the sales of the third-ranked vendor.  "Our strengthening leadership position is a result of long term investments in both technology and worldwide customer support," said CEO Mike Slessor. "With the acquisition of Cascade Microtech, ranked 6th in the 2015 report with probe card revenue of $64.6 million we will be further adding to our strong leadership position in the advanced probe card segment." About VLSIresearch VLSIresearch is an award-winning provider of market research and economic analysis on the technical, business, and economic aspects within semiconductor, nanotechnology, and related industries. VLSIresearch provides intelligence for faster and better decision making in the areas of semiconductors, photovoltaics, LEDs, manufacturing, materials, and critical subsystems. VLSIresearch was founded in 1976. About FormFactor FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world's leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Customers use FormFactor's products and services to lower overall production costs, improve their yields and enable complex next-generation ICs. Headquartered in Livermore, California, the company services its customers from a network of facilities in Europe, Asia and North America. For more information, visit the company's website at www.formfactor.com. Forward-Looking Statements Statements in this press release that are not strictly historical in nature are forward-looking statements within the meaning of the federal securities laws, including statements regarding anticipated results, market conditions or trends, expectations and plans. These forward-looking statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to: changes in demand for the company's products; risks in technical execution and capacity expansion; changes in seasonality; risks to the company's ability to execute on its operational model, the company's ability to continue to be a leading supplier in the probe card industry, risks to the company's ability to timely deliver products and to meet customer demand; changes in the market and macro-economic environments; the timing to consummate the proposed acquisition of Cascade Microtech; the risks that one or more conditions to the closing of acquisition of Cascade Microtech may not be satisfied; the challenges and costs of closing, integrating, restructuring and achieving anticipated synergies relating to such acquisition; the ability to retain key employees, customers and suppliers; the diversion of management time on merger-related issues; and changes in FormFactor's or Cascade Microtech's future cash requirements, capital requirements, results of operations, financial condition and/or cash flows, and other factors. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in the company's annual report on Form 10-K for the fiscal year ended December 26, 2015, as filed with the U.S. Securities and Exchange Commission (the "SEC"), and other reports filed with the SEC by FormFactor and Cascade Microtech, under the caption "Risk Factors" and elsewhere. Copies of these SEC filings are available at http://www.sec.gov. Unless required by law, the company assumes no obligation to update the information in this press release, to revise any forward-looking statements, or to update the reasons actual results could differ from those anticipated in forward-looking statements.


Trade Contact

Amy Leong

Marketing

(408) 468-8132

[email protected]


Investor Contact

Stan Finkelstein

Investor Relations

(925) 290-4321

[email protected]





Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 12.56
FORM's Forward PE Ratio is ranked higher than
85% of the 265 Companies
in the Global Semiconductors industry.

( Industry Median: 19.57 vs. FORM: 12.56 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
Price-to-Owner-Earnings 51.71
FORM's Price-to-Owner-Earnings is ranked lower than
82% of the 382 Companies
in the Global Semiconductors industry.

( Industry Median: 20.38 vs. FORM: 51.71 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
FORM' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 12.68  Med: 45.41 Max: 184.33
Current: 51.71
12.68
184.33
PB Ratio 2.03
FORM's PB Ratio is ranked lower than
55% of the 836 Companies
in the Global Semiconductors industry.

( Industry Median: 1.91 vs. FORM: 2.03 )
Ranked among companies with meaningful PB Ratio only.
FORM' s PB Ratio Range Over the Past 10 Years
Min: 0.59  Med: 1.35 Max: 4.07
Current: 2.03
0.59
4.07
PS Ratio 1.94
FORM's PS Ratio is ranked lower than
55% of the 837 Companies
in the Global Semiconductors industry.

( Industry Median: 1.72 vs. FORM: 1.94 )
Ranked among companies with meaningful PS Ratio only.
FORM' s PS Ratio Range Over the Past 10 Years
Min: 1.14  Med: 2.04 Max: 8.89
Current: 1.94
1.14
8.89
Price-to-Free-Cash-Flow 147.82
FORM's Price-to-Free-Cash-Flow is ranked lower than
94% of the 407 Companies
in the Global Semiconductors industry.

( Industry Median: 18.25 vs. FORM: 147.82 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
FORM' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.49  Med: 35.68 Max: 209.8
Current: 147.82
10.49
209.8
Price-to-Operating-Cash-Flow 45.21
FORM's Price-to-Operating-Cash-Flow is ranked lower than
88% of the 512 Companies
in the Global Semiconductors industry.

( Industry Median: 12.56 vs. FORM: 45.21 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
FORM' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 8.67  Med: 21.12 Max: 258.24
Current: 45.21
8.67
258.24
EV-to-EBIT -19.27
FORM's EV-to-EBIT is ranked lower than
99.99% of the 830 Companies
in the Global Semiconductors industry.

( Industry Median: 19.23 vs. FORM: -19.27 )
Ranked among companies with meaningful EV-to-EBIT only.
FORM' s EV-to-EBIT Range Over the Past 10 Years
Min: -98.4  Med: -2.1 Max: 30.8
Current: -19.27
-98.4
30.8
EV-to-EBITDA -831.54
FORM's EV-to-EBITDA is ranked lower than
99.99% of the 903 Companies
in the Global Semiconductors industry.

( Industry Median: 13.47 vs. FORM: -831.54 )
Ranked among companies with meaningful EV-to-EBITDA only.
FORM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -834.92  Med: -0.6 Max: 156.8
Current: -831.54
-834.92
156.8
Current Ratio 3.08
FORM's Current Ratio is ranked higher than
64% of the 840 Companies
in the Global Semiconductors industry.

( Industry Median: 2.42 vs. FORM: 3.08 )
Ranked among companies with meaningful Current Ratio only.
FORM' s Current Ratio Range Over the Past 10 Years
Min: 3.08  Med: 6.86 Max: 11.78
Current: 3.08
3.08
11.78
Quick Ratio 2.36
FORM's Quick Ratio is ranked higher than
62% of the 839 Companies
in the Global Semiconductors industry.

( Industry Median: 1.85 vs. FORM: 2.36 )
Ranked among companies with meaningful Quick Ratio only.
FORM' s Quick Ratio Range Over the Past 10 Years
Min: 2.36  Med: 6.54 Max: 11.15
Current: 2.36
2.36
11.15
Days Inventory 64.14
FORM's Days Inventory is ranked higher than
61% of the 813 Companies
in the Global Semiconductors industry.

( Industry Median: 77.37 vs. FORM: 64.14 )
Ranked among companies with meaningful Days Inventory only.
FORM' s Days Inventory Range Over the Past 10 Years
Min: 40.85  Med: 49.38 Max: 64.14
Current: 64.14
40.85
64.14
Days Sales Outstanding 66.77
FORM's Days Sales Outstanding is ranked lower than
54% of the 766 Companies
in the Global Semiconductors industry.

( Industry Median: 63.48 vs. FORM: 66.77 )
Ranked among companies with meaningful Days Sales Outstanding only.
FORM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.29  Med: 57.24 Max: 79.32
Current: 66.77
27.29
79.32
Days Payable 44.23
FORM's Days Payable is ranked lower than
60% of the 743 Companies
in the Global Semiconductors industry.

( Industry Median: 51.49 vs. FORM: 44.23 )
Ranked among companies with meaningful Days Payable only.
FORM' s Days Payable Range Over the Past 10 Years
Min: 23.94  Med: 41.48 Max: 79.37
Current: 44.23
23.94
79.37

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -9.00
FORM's 3-Year Average Share Buyback Ratio is ranked lower than
75% of the 573 Companies
in the Global Semiconductors industry.

( Industry Median: -2.40 vs. FORM: -9.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FORM' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -121.9  Med: -5.85 Max: -0.1
Current: -9
-121.9
-0.1

Valuation & Return

vs
industry
vs
history
Price-to-Net-Current-Asset-Value 22.17
FORM's Price-to-Net-Current-Asset-Value is ranked lower than
91% of the 576 Companies
in the Global Semiconductors industry.

( Industry Median: 4.69 vs. FORM: 22.17 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FORM' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.83  Med: 2.53 Max: 22.27
Current: 22.17
0.83
22.27
Price-to-Tangible-Book 9.45
FORM's Price-to-Tangible-Book is ranked lower than
92% of the 802 Companies
in the Global Semiconductors industry.

( Industry Median: 2.03 vs. FORM: 9.45 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FORM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72  Med: 2.16 Max: 9.49
Current: 9.45
0.72
9.49
Price-to-Intrinsic-Value-Projected-FCF 3.12
FORM's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
79% of the 457 Companies
in the Global Semiconductors industry.

( Industry Median: 1.54 vs. FORM: 3.12 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
FORM' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.99  Med: 3.04 Max: 15.33
Current: 3.12
0.99
15.33
Price-to-Median-PS-Value 0.95
FORM's Price-to-Median-PS-Value is ranked higher than
69% of the 750 Companies
in the Global Semiconductors industry.

( Industry Median: 1.17 vs. FORM: 0.95 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FORM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.63  Med: 1.41 Max: 3.89
Current: 0.95
0.63
3.89
Earnings Yield (Greenblatt) % -5.19
FORM's Earnings Yield (Greenblatt) % is ranked lower than
88% of the 1019 Companies
in the Global Semiconductors industry.

( Industry Median: 4.11 vs. FORM: -5.19 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FORM' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -5.4  Med: 5.75 Max: 29997.8
Current: -5.19
-5.4
29997.8
Forward Rate of Return (Yacktman) % 34.07
FORM's Forward Rate of Return (Yacktman) % is ranked higher than
91% of the 365 Companies
in the Global Semiconductors industry.

( Industry Median: 6.60 vs. FORM: 34.07 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
FORM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -53.8  Med: -7.2 Max: 71.8
Current: 34.07
-53.8
71.8

More Statistics

Revenue (TTM) (Mil) $383.9
EPS (TTM) $ -0.07
Beta2.14
Short Percentage of Float2.54%
52-Week Range $6.48 - 13.15
Shares Outstanding (Mil)71.67

Analyst Estimate

Dec17 Dec18
Revenue (Mil $) 500 520
EPS ($) 0.90 1.10
EPS without NRI ($) 0.90 1.10
EPS Growth Rate
(Future 3Y To 5Y Estimate)
12.00%
Dividends per Share ($)
» More Articles for FORM

Headlines

Articles On GuruFocus.com
FormFactor to Announce First Quarter 2017 Financial Results on May 3 Apr 14 2017 
FormFactor Completes Acquisition of Cascade Microtech Jun 24 2016 
FormFactor to Participate in Upcoming Investor Events May 26 2016 
FormFactor to Present at B. Riley & Co. 17th Annual Investor Conference May 20 2016 
FormFactor Ranked 1st as THE BEST Supplier of Subsystems for Third Consecutive Year in VLSIresearch' May 19 2016 
FormFactor Ranked Top Supplier of Semiconductor Probe Cards Worldwide by VLSIresearch Apr 27 2016 
FormFactor to Announce First Quarter 2016 Financial Results on April 27 Apr 13 2016 
FormFactor, Inc. Provides Update to Q1'16 Guidance Mar 29 2016 
FormFactor and Cascade Microtech Announce Expiration of HSR Act Waiting Period in FormFactor's Propo Mar 22 2016 
FormFactor to Combine With Cascade Microtech Feb 04 2016 

More From Other Websites
FormFactor, Inc. – Value Analysis (NASDAQ:FORM) : April 24, 2017 Apr 24 2017
FormFactor, Inc. breached its 50 day moving average in a Bullish Manner : FORM-US : April 21, 2017 Apr 21 2017
FormFactor to Announce First Quarter 2017 Financial Results on May 3 Apr 14 2017
FormFactor (FORM) Down 10.3% Since Earnings Report: Can It Rebound? Apr 04 2017
FormFactor, Inc. breached its 50 day moving average in a Bullish Manner : FORM-US : March 28, 2017 Mar 28 2017
FormFactor (FORM) Sees Hammer Chart Pattern: Time to Buy? Mar 07 2017
FormFactor, Inc. breached its 50 day moving average in a Bearish Manner : FORM-US : February 23,... Feb 23 2017
FormFactor, Inc. :FORM-US: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017 Feb 14 2017
FormFactor, Inc. Delivers on Its Promises Feb 09 2017
FormFactor (FORM) Beats on Earnings and Revenues in Q4 Feb 09 2017
FormFactor reports 4Q loss Feb 08 2017
FormFactor, Inc. Reports Fourth Quarter and Annual Results Feb 08 2017
FormFactor to Announce Fourth Quarter 2016 Financial Results on February 8 Jan 25 2017
ETFs with exposure to FormFactor, Inc. : January 17, 2017 Jan 17 2017
FormFactor, Inc. breached its 50 day moving average in a Bullish Manner : FORM-US : January 16, 2017 Jan 16 2017
Avnet (AVT) Signs Distribution Agreement with Mellanox Dec 15 2016
Zacks.com featured highlights: FormFactor, CryoLife, LegacyTexas Financial, Willdan Group and... Dec 13 2016
5 Stocks with Solid Profitability to Focus on Dec 12 2016
Do Hedge Funds Love Calgon Carbon Corporation (CCC)? Dec 09 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)