ALAB (Astera Labs) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


ALAB Astera Labs Inc ALAB
15 GF Score
Price $398.00
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What is Astera Labs Piotroski F-Score?

Astera Labs ALAB -0.48% 15 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates ALAB with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 990 Semiconductors companies, Astera Labs ranks better than 93.13% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Astera Labs has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Astera Labs's Piotroski F-Score or its related term are showing as below:

ALAB' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of Astera Labs was 7. The lowest was 5. And the median was 6.

Astera Labs  (NAS:ALAB) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Astera Labs Piotroski F-Score Related Terms


Astera Labs Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Astera Labs's Piotroski F-Score 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.

Astera Labs Piotroski F-Score Chart

Astera Labs Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 6.00 5.00

Astera Labs Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 5.00 7.00

ALAB vs CBRS, MCHP, ON: Piotroski F-Score Comparison

For the Semiconductors subindustry, Astera Labs's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Astera Labs Piotroski F-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Astera Labs's Piotroski F-Score falls into.


ALAB
15GF Score
Astera Labs Inc ALAB
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 51.219 + 91.114 + 44.982 + 80.31 = $268 Mil.
Cash Flow from Operations was 135.366 + 78.171 + 95.265 + 74.598 = $383 Mil.
Revenue was 191.925 + 230.575 + 270.583 + 308.361 = $1,001 Mil.
Gross Profit was 145.563 + 175.812 + 204.475 + 235.141 = $761 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1121.694 + 1271.405 + 1401.182 + 1531.823 + 1659.215) / 5 = $1397.0638 Mil.
Total Assets at the begining of this year (Mar25) was $1,122 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $1,413 Mil.
Total Current Liabilities was $125 Mil.
Net Income was -7.546 + -7.593 + 24.713 + 31.819 = $41 Mil.

Revenue was 76.85 + 113.086 + 141.096 + 159.442 = $490 Mil.
Gross Profit was 59.854 + 87.877 + 104.448 + 119.411 = $372 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(864.901 + 915.515 + 983.065 + 1054.508 + 1121.694) / 5 = $987.9366 Mil.
Total Assets at the begining of last year (Mar24) was $865 Mil.
Long-Term Debt & Capital Lease Obligation was $0 Mil.
Total Current Assets was $1,076 Mil.
Total Current Liabilities was $77 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Astera Labs's current Net Income (TTM) was 268. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Astera Labs's current Cash Flow from Operations (TTM) was 383. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=267.625/1121.694
=0.23859003

ROA (Last Year)=Net Income/Total Assets (Mar24)
=41.393/864.901
=0.04785866

Astera Labs's return on assets of this year was 0.23859003. Astera Labs's return on assets of last year was 0.04785866. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Astera Labs's current Net Income (TTM) was 268. Astera Labs's current Cash Flow from Operations (TTM) was 383. ==> 383 > 268 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/1397.0638
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/987.9366
=0

Astera Labs's gearing of this year was 0. Astera Labs's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1412.936/125.044
=11.29951057

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1075.819/77.28
=13.92105331

Astera Labs's current ratio of this year was 11.29951057. Astera Labs's current ratio of last year was 13.92105331. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Astera Labs's number of shares in issue this year was 181.157. Astera Labs's number of shares in issue last year was 178.116. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=760.991/1001.444
=0.75989371

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=371.59/490.474
=0.75761406

Astera Labs's gross margin of this year was 0.75989371. Astera Labs's gross margin of last year was 0.75761406. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1001.444/1121.694
=0.89279607

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=490.474/864.901
=0.56708687

Astera Labs's asset turnover of this year was 0.89279607. Astera Labs's asset turnover of last year was 0.56708687. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Astera Labs has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
Astera Labs (ALAB) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Astera Labs and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Astera Labs' Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Astera Labs ranks #68 out of 990 companies in the Semiconductors industry, placing it in the top 6.9%.
Is Astera Labs' Piotroski F-Score too high?
Astera Labs' current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Semiconductors industry median Piotroski F-Score is 5.00. Astera Labs' value of 7 is 40% above this industry median. Based on the distribution chart, Astera Labs ranks #68 out of 990 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Astera Labs has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Astera Labs' Piotroski F-Score compare to CBRS and MCHP?
According to the Semiconductors industry distribution chart, Astera Labs ranks #68 out of 990 companies for Piotroski F-Score. This places Astera Labs in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Astera Labs' value of 7 is 40% above this benchmark. Historically, Astera Labs' own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Astera Labs 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 Piotroski F-Score for a Semiconductors company?
The median Piotroski F-Score among Semiconductors companies is 5.00, based on 990 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astera Labs's current Piotroski F-Score of 7 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Astera Labs and its competitors. For the Semiconductors industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astera Labs's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astera Labs stock overvalued right now?
Astera Labs (ALAB) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Semiconductors industry median of 5.00. Astera Labs' overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Astera Labs (ALAB), the current Piotroski F-Score is 7 as of Jun. 26, 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.

Astera Labs Business Description

Address 2345 North First Street, Suite 205, San Jose, CA, USA, 95131
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
15GF Score

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