FormFactorFRA:FMF -2.85%72 FCF Margin % is 13.16% as of Mar. 2026, which is 41% above its 10-year median of 9.35. GuruFocus rates FRA:FMF with a GF Score™ of 72/100 and a GF Value™ of €42.99 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,023 Semiconductors companies, FormFactor ranks better than 61.09% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. FormFactor's Free Cash Flow for the
three
months ended in Mar. 2026 was €25.8 Mil. FormFactor's Revenue for the
three
months ended in Mar. 2026 was €195.6 Mil. Therefore, FormFactor's FCF Margin % for the quarter that ended in Mar. 2026 was 13.16%.
The historical rank and industry rank for FormFactor's FCF Margin % or its related term are showing as below:
FRA:FMF'
s FCF Margin % Range Over the Past 10 Years
Min: 1.29 Med: 9.35 Max: 17
Current: 4.28
During the past 13 years, the highest FCF Margin % of FormFactor was 17.00%. The lowest was 1.29%. And the median was 9.35%.
FRA:FMF's FCF Margin % is ranked better than 61.09% of 1023
companies
in the Semiconductors industry
Industry Median: -0.76
vs FRA:FMF: 4.28
FormFactor FCF Margin % Related Terms
FormFactor FCF Margin % Historical Data
* Premium members only.
The historical data trend for FormFactor's FCF Margin % 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.
FRA:FMF vs CAMT, AXTI, ONTO: FCF Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, FormFactor's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FormFactor's FCF Margin % distribution charts can be found below:
* The bar in red indicates where FormFactor's FCF Margin % falls into.
* 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 (FRA:FMF) has a FCF Margin % of 13.16% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on FormFactor and its competitors. This is 41% above median its historical median of 9.35. Over the past decade, FormFactor's FCF Margin % has ranged from 1.29 to 17.00. According to the industry distribution chart, FormFactor ranks #398 out of 1023 companies in the Semiconductors industry, placing it in the top 38.9%.
Is FormFactor's FCF Margin % too high?
FormFactor's current FCF Margin % of 13.16% is 41% above median its 10-year median of 9.35. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 17.00. Based on the distribution chart, FormFactor ranks #398 out of 1023 companies in the Semiconductors industry, which is above 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 FCF Margin % compare to CAMT and AXTI?
According to the Semiconductors industry distribution chart, FormFactor ranks #398 out of 1023 companies for FCF Margin %. This puts FormFactor in the upper half of its industry. Historically, FormFactor's own FCF Margin % has ranged from 1.29 to 17.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on FormFactor and its competitors. FormFactor's current FCF Margin % is 13.16%, which is 41% above median its own 10-year median of 9.35. 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 (FRA:FMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.99, compared to a current price of €124.50 — trading 189.6% above its estimated fair value. The current FCF Margin % is 13.16%, which is 41% above median its 10-year median of 9.35. FormFactor's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For FormFactor (FRA:FMF), the current FCF Margin % is 13.16% as of Mar. 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 (FRA:FMF) Overvalued in 2026?
Based on GuruFocus' analysis, FormFactor stock appears to be overvalued.
The current stock price of €124.50 is trading 189.6% above its estimated GF Value™ of €42.99.
GuruFocus considers FormFactor to be Significantly Overvalued.
Key valuation signals for FRA:FMF:
FCF Margin %: 13.16% (41% above median its 10-year median of 9.35)
GF Value™: €42.99 vs. price of €124.50 (189.6% above fair value)
No single metric tells the full story. See the FRA:FMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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