FORMFACTOR INC (FORM)
Semiconductors & Related Devices
Latest Price
$106.20
TTM P/E
122.07
Normalized P/E
117.71
Div Yield
--
Book Value
13.60
P/B Ratio
7.81
Valuation metrics
adjust assumptions →EPS: $0.69
Book value / share: $13.33
Formula: √(22.5 × EPS × BVPS)
Graham Number
$14.39
86% downside
Norm. op. income: $65M (median of 7yr)
Tax rate: 12%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$8.49
92% downside
Base FCF: $67M (median of recent 5yr)
Growth: -12%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$5.63
95% downside
EPS: $0.69
Target P/E: 15×
Formula: EPS × P/E
P/E Fair Value
$10.35
90% downside
Institutional Ownership
93.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12.25M | $1.19B | 15.71% | +677.9K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.88M | $570.0M | 7.54% | -- | 2026-03-31 |
| EARNEST PARTNERS LLC | 4.88M | $472.0M | 6.25% | -899.8K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.47M | $336.0M | 4.45% | -- | 2026-03-31 |
| STATE STREET CORP | 2.93M | $284.0M | 3.76% | +58.6K | 2026-03-31 |
| BANK OF AMERICA CORP /DE/ | 2.48M | $240.0M | 3.18% | -35.3K | 2026-03-31 |
| Polar Capital Holdings Plc | 2.29M | $222.0M | 2.94% | -- | 2026-03-31 |
| ALLIANCEBERNSTEIN L.P. | 2.23M | $124.0M | 2.86% | +816.8K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.19M | $212.0M | 2.81% | +302.0K | 2026-03-31 |
| PRIMECAP MANAGEMENT CO/CA/ | 1.79M | $173.0M | 2.29% | -292.6K | 2026-03-31 |