Designs and manufactures probe cards for testing semiconductor devices. Provides analytical probes for device characterization and failure analysis. Now — the numbers.
The biggest line carries real weight, but it doesn’t decide everything on its own.
This is an established company with proven profits.
If every debt were paid off today, $231.4M would still be left in the vault — a solid cushion for hard times.
The market pays 164.8× for every dollar this company earns in a year — a price that already assumes things go well.
Against companies in its own sector, it looks cheaper than 27% of them.
Analysts' average target sits 31% above today's price.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly above the class average — a step short of the very top.
Debt is low and cash is strong; the finances stand solid.
Clearly below the class average.
Clearly below the class average.
The stock has been running stronger than the market lately.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
Growth: Sales growth trails the sector average.
The stock trades 28% below its peak. The market has trimmed its expectations for the company.
There is $276.2M in the vault; even if every debt were paid off, $231.4M would remain.
Over the last 4 years, sales grew only 0% a year on average. At this size, speeding back up is not easy.
The company’s market value is 165 times its annual profit. Even a small disappointment could hit the price hard.
Over the last 12 months, executives reported 117 sells against just 33 buys. Not an alarm bell by itself, but a number worth watching.
On our five-subject report card, FORM sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: FORM is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Analysts’ average target sits above today’s price, yet the valuation grade (27/100) says the stock isn’t cheap.