FORM (FormFactor) EV-to-EBIT: 63.09 (As of Aug. 08, 2026) — 119% Above Median

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FORM FormFactor Inc FORM
72 GF Score
Price $117.55
GF Value $56.87
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is FormFactor EV-to-EBIT?

FormFactor FORM +2.03% 72 EV-to-EBIT is 63.09 as of Aug. 08, 2026, which is 119% above its 10-year median of 28.85. GuruFocus rates FORM with a GF Score™ of 72/100 and a GF Value™ of $56.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 686 Semiconductors companies, FormFactor ranks worse than 72.3% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FormFactor's Enterprise Value is $8,854.9 Mil. FormFactor's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $140.4 Mil. Therefore, FormFactor's EV-to-EBIT for today is 63.09.

The historical rank and industry rank for FormFactor's EV-to-EBIT or its related term are showing as below:

FORM' s EV-to-EBIT Range Over the Past 10 Years
Min: -1811.83   Med: 28.85   Max: 133.28
Current: 63.09

During the past 13 years, the highest EV-to-EBIT of FormFactor was 133.28. The lowest was -1811.83. And the median was 28.85.

FORM's EV-to-EBIT is ranked worse than
72.3% of 686 companies
in the Semiconductors industry
Industry Median: 31.645 vs FORM: 63.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FormFactor's Enterprise Value for the quarter that ended in Jun. 2026 was $12,178.2 Mil. FormFactor's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $140.4 Mil. FormFactor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.15%.


FormFactor  (NAS:FORM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FormFactor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=140.36/12178.16353
=1.15 %

FormFactor's Enterprise Value for the quarter that ended in Jun. 2026 was $12,178.2 Mil.
FormFactor's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $140.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FormFactor EV-to-EBIT Related Terms


FormFactor EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for FormFactor's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FormFactor EV-to-EBIT Chart

FormFactor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.95 26.04 32.86 38.49 58.48

FormFactor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.58 33.05 58.48 80.67 86.76

FORM vs CAMT, ACMR, KLIC: EV-to-EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, FormFactor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FormFactor EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FormFactor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FormFactor's EV-to-EBIT falls into.


FORM
72GF Score
FormFactor Inc FORM
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FormFactor EV-to-EBIT Calculation

FormFactor's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8854.864/140.36
=63.09

FormFactor's current Enterprise Value is $8,854.9 Mil.
FormFactor's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $140.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 63.09 mean?
FormFactor (FORM) has a EV-to-EBIT of 63.09 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FormFactor and its competitors. This is 119% above median its historical median of 28.85. According to the industry distribution chart, FormFactor ranks #496 out of 686 companies in the Semiconductors industry, placing it in the top 72.3%.
Is FormFactor's EV-to-EBIT too high?
FormFactor's current EV-to-EBIT of 63.09 is 119% above median its 10-year median of 28.85. The Semiconductors industry median EV-to-EBIT is 31.65. FormFactor's value of 63.09 is 99.4% above this industry median. Based on the distribution chart, FormFactor ranks #496 out of 686 companies in the Semiconductors industry, which is below the industry midpoint. Overall, FormFactor has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FormFactor's EV-to-EBIT compare to CAMT and ACMR?
According to the Semiconductors industry distribution chart, FormFactor ranks #496 out of 686 companies for EV-to-EBIT. This places FormFactor in the lower half of its industry. The industry median EV-to-EBIT is 31.65. FormFactor's value of 63.09 is 99.4% above this benchmark. While the company's 10-year median is 28.85 vs. the industry median of 31.65, FormFactor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 31.65, based on 686 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FormFactor's current EV-to-EBIT of 63.09 is 99.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FormFactor and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 31.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FormFactor's current EV-to-EBIT is 63.09, which is 119% above median its own 10-year median of 28.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FormFactor stock overvalued right now?
Based on GuruFocus' analysis, FormFactor (FORM) is currently considered Significantly Overvalued. The stock's GF Value™ is $56.87, compared to a current price of $117.55 — trading 106.7% above its estimated fair value. The current EV-to-EBIT is 63.09, which is 119% above median its 10-year median of 28.85 and 99.4% above the Semiconductors industry median of 31.65. FormFactor's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For FormFactor (FORM), the current EV-to-EBIT is 63.09 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FormFactor (FORM) Overvalued in 2026?

Based on GuruFocus' analysis, FormFactor stock appears to be overvalued. The current stock price of $117.55 is trading 106.7% above its estimated GF Value™ of $56.87. GuruFocus considers FormFactor to be Significantly Overvalued.

Key valuation signals for FORM:

  • EV-to-EBIT: 63.09 (119% above median its 10-year median of 28.85)
  • GF Value™: $56.87 vs. price of $117.55 (106.7% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 99.4% above the Semiconductors median (#496 of 686)

No single metric tells the full story. See the FORM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FormFactor Business Description

Other Exchanges FMF:Germany
Address 7005 Southfront Road, Livermore, CA, USA, 94551
FormFactor Inc is a provider of electrical and optical test and measurement technologies along the full semiconductor product lifecycle - from characterization, modeling, reliability, and design de-bug, to qualification and production test.. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.
72GF Score

Get the complete analysis for FORM

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$117.55
Price
$56.87
GF Value