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5.41 (1y: -6%)
Market Cap 292.9 M P/E(ttm)
Enterprise Value 140.04 M P/B 0.86
FORM- NAS (USA)
FormFactor, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$5.41
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 7/10

vs
industry		 vs
history
Cash to Debt 181.586
FORM's Cash to Debt is ranked higher than
62% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 7.13 vs. FORM: 181.586 )
FORM' s 10-Year Cash to Debt Range
Min: 22.9   Max: No Debt
Current: 181.59
Equity to Asset 0.779
FORM's Equity to Asset is ranked higher than
79% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 0.59 vs. FORM: 0.779 )
FORM' s 10-Year Equity to Asset Range
Min: -0.28   Max: 0.91
Current: 0.78
-0.28
0.91
Interest Coverage No Debt
FORM's Interest Coverage is ranked higher than
66% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 19.10 vs. FORM: No Debt )
FORM' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 3
Z-Score: 2.31
M-Score: 1.64
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 (%) -35.90
FORM's Operating margin (%) is ranked lower than
91% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 2.50 vs. FORM: -35.90 )
FORM' s 10-Year Operating margin (%) Range
Min: -107.3   Max: 20.3
Current: -35.9
-107.3
20.3
Net-margin (%) -19.9
FORM's Net-margin (%) is ranked lower than
81% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 1.50 vs. FORM: -19.9 )
FORM' s 10-Year Net-margin (%) Range
Min: -115   Max: 16.5
Current: -19.9
-115
16.5
ROE (%) -10.5
FORM's ROE (%) is ranked lower than
73% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 2.00 vs. FORM: -10.5 )
FORM' s 10-Year ROE (%) Range
Min: -45.8   Max: 9.8
Current: -10.5
-45.8
9.8
ROA (%) -9
FORM's ROA (%) is ranked lower than
77% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. FORM: -9 )
FORM' s 10-Year ROA (%) Range
Min: -40.4   Max: 13.4
Current: -9
-40.4
13.4
ROC (Joel Greenblatt) (%) -86.20
FORM's ROC (Joel Greenblatt) (%) is ranked lower than
93% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 5.30 vs. FORM: -86.20 )
FORM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -324.1   Max: 59.5
Current: -86.2
-324.1
59.5
Revenue Growth (%) 6.6
FORM's Revenue Growth (%) is ranked higher than
76% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. FORM: 6.6 )
FORM' s 10-Year Revenue Growth (%) Range
Min: -29.7   Max: 28.4
Current: 6.6
-29.7
28.4
EBITDA Growth (%) -20
FORM's EBITDA Growth (%) is ranked lower than
96% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. FORM: -20 )
FORM' s 10-Year EBITDA Growth (%) Range
Min: -20   Max: 40.9
Current: -20
-20
40.9
EPS Growth (%) -31.3
FORM's EPS Growth (%) is ranked lower than
97% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. FORM: -31.3 )
FORM' s 10-Year EPS Growth (%) Range
Min: -31.3   Max: 50.7
Current: -31.3
-31.3
50.7
ยป FORM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

FORM Guru Trades in Q2 2012

Steven Cohen 34,368 sh (New)
Chuck Royce 654,661 sh (+5.82%)
PRIMECAP Management 7,520,118 sh (unchged)
Kyle Bass Sold Out
Jim Simons 1,015,400 sh (-9.25%)
» More
Q3 2012

FORM Guru Trades in Q3 2012

Chuck Royce 1,028,661 sh (+57.13%)
PRIMECAP Management 7,520,118 sh (unchged)
Steven Cohen Sold Out
Jim Simons 633,900 sh (-37.57%)
» More
Q4 2012

FORM Guru Trades in Q4 2012

Paul Tudor Jones 16,100 sh (New)
Steven Cohen 111,546 sh (New)
Chuck Royce 1,078,161 sh (+4.81%)
PRIMECAP Management 7,426,918 sh (-1.24%)
Jim Simons 623,400 sh (-1.66%)
» More
Q1 2013

FORM Guru Trades in Q1 2013

Steven Cohen 1,015,740 sh (+810.6%)
Jim Simons 785,800 sh (+26.05%)
Chuck Royce 1,265,661 sh (+17.39%)
Paul Tudor Jones Sold Out
PRIMECAP Management 7,301,918 sh (-1.68%)
» More
» Details

Insider Trades

Latest Guru Trades with FORM

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2011-03-31 Sold Out $8.55 - $10.77 $ 5.41-42%0
Mario Gabelli 2011-03-31 Sold Out $8.55 - $10.77 $ 5.41-42%0
George Soros 2010-12-31 New Buy0.01%$8.28 - $10.71 $ 5.41-42%50000
Mario Gabelli 2010-09-30 New Buy$6.95 - $11.32 $ 5.41-40%66595
Mario Gabelli 2010-06-30 Sold Out $10.67 - $20.47 $ 5.41-63%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 0.86
FORM's P/B is ranked higher than
75% of the 707 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. FORM: 0.86 )
FORM' s 10-Year P/B Range
Min: 0.59   Max: 5.08
Current: 0.86
0.59
5.08
P/S 1.42
FORM's P/S is ranked lower than
52% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 1.30 vs. FORM: 1.42 )
FORM' s 10-Year P/S Range
Min: 1.16   Max: 8.91
Current: 1.42
1.16
8.91
EV-to-EBIT -2.1
FORM's EV-to-EBIT is ranked higher than
50% of the 492 Companies
in the Global Semiconductors industry.

( Industry Median: 16.53 vs. FORM: -2.1 )
FORM' s 10-Year EV-to-EBIT Range
Min: 3.7   Max: 56.5
Current: -2.1
3.7
56.5
Shiller P/E 72.1
FORM's Shiller P/E is ranked lower than
100% of the Companies
in the Global Semiconductors industry.

( Industry Median: vs. FORM: 72.1 )
FORM' s 10-Year Shiller P/E Range
Min: 38.53   Max: 641.75
Current: 72.1
38.53
641.75

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 2.7
FORM's Price/Net Cash is ranked higher than
87% of the 257 Companies
in the Global Semiconductors industry.

( Industry Median: 7.50 vs. FORM: 2.7 )
FORM' s 10-Year Price/Net Cash Range
Min: 1   Max: 7
Current: 2.7
1
7
Price/Net Current Asset Value 7.3
FORM's Price/Net Current Asset Value is ranked higher than
65% of the 656 Companies
in the Global Semiconductors industry.

( Industry Median: 11.30 vs. FORM: 7.3 )
FORM' s 10-Year Price/Net Current Asset Value Range
Min: 5.8   Max: 38.2
Current: 7.3
5.8
38.2
Price/Tangible Book 0.9
FORM's Price/Tangible Book is ranked higher than
79% of the 699 Companies
in the Global Semiconductors industry.

( Industry Median: 1.50 vs. FORM: 0.9 )
FORM' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 4.1
Current: 0.9
0.7
4.1
Price/Median PS Value 0.4
FORM's Price/Median PS Value is ranked higher than
97% of the 658 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. FORM: 0.4 )
FORM' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.7
Current: 0.4
0.3
1.7
Earnings Yield (Greenblatt) 9.80
FORM's Earnings Yield (Greenblatt) is ranked higher than
83% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 3.60 vs. FORM: 9.80 )
FORM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.8   Max: 26.9
Current: 9.8
1.8
26.9
Forward Rate of Return (Yacktman) -16.05
FORM's Forward Rate of Return (Yacktman) is ranked lower than
93% of the 719 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. FORM: -16.05 )
FORM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -26.4   Max: 145.4
Current: -16.05
-26.4
145.4

Business Description

FormFactor Inc. designs, develops, manufactures, sells and supports precision, high performance advanced semiconductor wafer probe card products and solutions. Semiconductor manufacturers use its wafer probe cards to perform wafer sort and test on the semiconductor die, or chips, or the whole semiconductor wafer, which is prior to singulation of the wafer into individual separate chips. It works closely with its customers to design, develop and manufacture custom wafer probe cards. Each wafer probe card is a custom product that is specific to the chip and wafer designs of the customer. The Company's products are based on its proprietary technologies, including its MicroSpring interconnect technology and design tools. The Company's MicroSpring interconnect technology, which includes resilient spring-like contact elements, enables it to produce wafer probe cards for applications that require reliability, speed, precision and signal integrity. It manufactures its MicroSpring contact elements through precision micro-machining and scalable semiconductor-like wafer fabrication processes. For high parallelism memory test applications, its products require large area contact array sizes because they must accommodate tens of thousands of simultaneous contacts. The new technology, known as RapidSoak technology, is designed to reduce the time required for the probe card to reach thermal stability. DC-Boost technology helps its customers lower their test efficiency by enabling the test of more devices on a single wafer simultaneously. The Company's current and potential competitors in the wafer probe card market include Advantest Corporation, Aehr Test Systems, AMST Co., Ltd., Cascade Microtech, Inc. and Wentworth Laboratories, Inc.
Company Website
SEC Reports
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
Traded in other countries:FMF.Germany
ยป More Articles for FORM

Headlines

Articles On GuruFocus.com
Kyle Bass Buys Alcatel, Monster, Yahoo, Tellabs, Sells MGIC May 15 2012 
How to Invest a Lot of Money in Net-Nets Apr 13 2012 
FormFactor Inc. Reports Operating Results (10-Q) Nov 03 2010 
FormFactor Inc. Reports Operating Results (10-Q) Aug 04 2010 
FormFactor Inc. Reports Operating Results (10-Q) May 06 2010 
FormFactor Inc. Reports Operating Results (10-Q) Aug 06 2009 
FormFactor Inc. Reports Operating Results (10-Q) May 07 2009 

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