FORM

HoldPremium Grower

FormFactor, Inc. · Technology · United States · $7.7B cap · $191.1M/day traded

$106.85 +5.7% · close 27 Oct · scored 28 Oct

StockRank up 2.1 since 27 Oct: Momentum up 3 after a 6% price rise.

Premium Grower: Strong business with the market behind it, priced at a premium.

49
StockRank
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Report expected 28 Oct: the next-year EPS estimate has risen 38.7% over the last 14 weeks.

Quality
61
Value
17
Momentum
65

As of 28 Oct 2026, MoatMap's StockRank for FormFactor, Inc. (FORM) is 49/100, ranked against 24,000+ stocks in 35 markets (Quality 61, Value 17, Momentum 65, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
67.9x
peers 32.3x
ROE
11.0%
peers 4.8%
D/E
0.0x
peers 0.3x
Dividend %
—
trailing yield

ABOUT FORMFACTOR, INC.

Read

FormFactor, Inc. is a leading designer and manufacturer of high-performance probe cards for testing integrated circuits, serving the semiconductor industry for wafer and package testing. It is a market leader in the critical and highly specialized probe card segment, essential for semiconductor manufacturing yield and quality control. FormFactor is a niche but vital supplier of advanced test solutions for the global semiconductor industry with a strong IP portfolio.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue747.9M663.1M763.6M785.0M1.6%902.2M1.0B1.2B24.9%
EPS0.651.060.900.702.5%1.451.31—87.5%
Shares76.9M77.4M77.1M77.6M+1.0%78.1M———
Debt50.4M48.1M39.2M32.4M-13.7%29.9M———
Equity808.3M908.8M947.8M1.0B8.6%————
Op CF131.8M64.6M117.5M115.4M-4.3%179.7M———
Inv CF-75.7M29.0M-33.5M-191.5M—————
Fin CF-95.9M-22.7M-64.6M-13.6M—————
Loading 1Y...
PRICE (1Y) · USD+1.9%
95.010912213614916 Sep7 Oct27 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsVery bumpy

Swung more than 92% of stocks we rank over the past year (88% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$106.85
RSI (14)
29.6
52-Week Range-33.3% from high
Low $41.84High $160.27

SCORE BREAKDOWN

Quality
61
ROIC
6.4%44.8
ROE
11.0%58.8
GP/Assets
34.0%74.3
Op. Margin
24.1%87.5
FCF/Assets
1.0%39.3
Piotroski
419.6
Int. Cover
50.0x84.8
D/E Ratio
0.03x79.3
Current Ratio
4.08x83.5
Value
17
P/E (TTM)
67.9x19.4
EV/EBITDA
39.5x22.6
P/FCF
655.5x3.3
P/B
6.9x18.2
P/S
8.5x18.8
Div Yield
—N/A
Momentum
65
52W High %
67%56.2
RS 6M
-28%27.0
SMA 50/200
1.03x60.2
EPS Rev 4W
+11.4%96.2
EPS Rev 12W
+38.8%95.3
EPS Improve
+167%75.5
Q Growth
519%91.6

FUNDAMENTALS

Market Cap
$7.7B
P/E (Forward)
25.4x
Gross Margin
46.2%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of FORM are excluded.

TickerCompanyMkt CapStockRankSignal
FORMFormFactor, Inc.(you)$7.7B49Hold
AMKRAmkor Technology, Inc.$9.8B50Hold
ONTOOnto Innovation Inc.$9.8B45Hold
ACMRACM Research, Inc.$3.5B54Hold
ACLSAxcelis Technologies, Inc.$3.3B46Hold
QQnity Electronics, Inc.$23.0B50Hold
ENTGEntegris, Inc.$20.6B54Hold
IPGPIPG Photonics Corporation$3.0B33Sell
COHUCohu, Inc.$2.3B34Sell
VECOVeeco Instruments Inc.$2.6B28Sell

Peer medians: ROE 4.8% · P/E 32.3x · Gross margin 52.4%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

FormFactor, Inc. (FORM): Stock Score Summary

FormFactor, Inc. (FORM) has a MoatMap StockRank of 49/100 based on Quality (61/100), Value (17/100), and Momentum (65/100) factor scores. The current signal is HOLD.

FormFactor, Inc. is a leading designer and manufacturer of high-performance probe cards for testing integrated circuits, serving the semiconductor industry for wafer and package testing. It is a market leader in the critical and highly specialized probe card segment, essential for semiconductor manufacturing yield and quality control. FormFactor is a niche but vital supplier of advanced test solutions for the global semiconductor industry with a strong IP portfolio.

Key Financial Metrics

Price$106.85
Market Cap$7.7B
P/E (TTM)67.94
P/E (Forward)25.44
Price/Book6.92
Return on Equity11.0%
Return on Invested Capital6.4%
Debt/Equity0.03x
Gross Margin46.2%
Operating Margin24.1%
Revenue Growth31.9%
Free Cash Flow$12M

FormFactor, Inc. operates in the Semiconductor Equipment & Materials industry, part of the Technology sector (United States).

Frequently Asked Questions

What is FormFactor, Inc.’s (FORM) StockRank?
MoatMap’s StockRank for FormFactor, Inc. (FORM) is 49/100, with a Hold signal. It is a composite of Quality (61), Value (17), and Momentum (65), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does FormFactor, Inc. have an economic moat?
FormFactor, Inc. (FORM) has a Quality factor score of 61/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is FormFactor, Inc. a buy, hold, or sell?
MoatMap’s current signal for FormFactor, Inc. (FORM) is Hold, based on a StockRank of 49/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is FormFactor, Inc. in?
FormFactor, Inc. (FORM) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (United States).