FORM (FormFactor) EV-to-EBITDA: 49.83 (As of Aug. 08, 2026) — 157% 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-EBITDA?

FormFactor FORM +2.03% 72 EV-to-EBITDA is 49.83 as of Aug. 08, 2026, which is 157% above its 10-year median of 19.39. 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 754 Semiconductors companies, FormFactor ranks worse than 71.09% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FormFactor's enterprise value is $8,854.9 Mil. FormFactor's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $177.7 Mil. Therefore, FormFactor's EV-to-EBITDA for today is 49.83.

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

FORM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1154.83   Med: 19.39   Max: 162.92
Current: 49.83

During the past 13 years, the highest EV-to-EBITDA of FormFactor was 162.92. The lowest was -1154.83. And the median was 19.39.

FORM's EV-to-EBITDA is ranked worse than
71.09% of 754 companies
in the Semiconductors industry
Industry Median: 24.875 vs FORM: 49.83

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-08), FormFactor's stock price is $117.55. FormFactor's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.460. Therefore, FormFactor's PE Ratio (TTM) for today is 80.51.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

FormFactor's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=117.55/1.460
=80.51

FormFactor's share price for today is $117.55.
FormFactor's Earnings per Share (Diluted) 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 $1.460.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


FormFactor EV-to-EBITDA Related Terms


FormFactor EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FormFactor's EV-to-EBITDA 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-EBITDA Chart

FormFactor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.43 15.77 23.18 27.25 38.03

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-EBITDA 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 21.65 22.46 38.03 56.82 68.53

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

For the Semiconductor Equipment & Materials subindustry, FormFactor's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Semiconductors Industry

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

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


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

FormFactor EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8854.864/177.702
=49.83

FormFactor's current Enterprise Value is $8,854.9 Mil.
FormFactor's EBITDA 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 $177.7 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-EBITDA →
What does a EV-to-EBITDA of 49.83 mean?
FormFactor (FORM) has a EV-to-EBITDA of 49.83 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FormFactor. This is 157% above median its historical median of 19.39. According to the industry distribution chart, FormFactor ranks #536 out of 754 companies in the Semiconductors industry, placing it in the top 71.1%.
Is FormFactor's EV-to-EBITDA too high?
FormFactor's current EV-to-EBITDA of 49.83 is 157% above median its 10-year median of 19.39. The Semiconductors industry median EV-to-EBITDA is 24.88. FormFactor's value of 49.83 is 100.3% above this industry median. Based on the distribution chart, FormFactor ranks #536 out of 754 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-EBITDA compare to CAMT and ACMR?
According to the Semiconductors industry distribution chart, FormFactor ranks #536 out of 754 companies for EV-to-EBITDA. This places FormFactor in the lower half of its industry. The industry median EV-to-EBITDA is 24.88. FormFactor's value of 49.83 is 100.3% above this benchmark. While the company's 10-year median is 19.39 vs. the industry median of 24.88, 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-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 24.88, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FormFactor's current EV-to-EBITDA of 49.83 is 100.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FormFactor. For the Semiconductors industry, the median EV-to-EBITDA is 24.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FormFactor's current EV-to-EBITDA is 49.83, which is 157% above median its own 10-year median of 19.39. 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-EBITDA is 49.83, which is 157% above median its 10-year median of 19.39 and 100.3% above the Semiconductors industry median of 24.88. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For FormFactor (FORM), the current EV-to-EBITDA is 49.83 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-EBITDA: 49.83 (157% above median its 10-year median of 19.39)
  • GF Value™: $56.87 vs. price of $117.55 (106.7% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 100.3% above the Semiconductors median (#536 of 754)

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

$117.55
Price
$56.87
GF Value