FormFactor Inc (FORM)

NASD · Technology · Semiconductor Equipment & Materials · USA

FormFactor Inc is a mid cap company (market value between $2 billion and $10 billion) in the Semiconductor Equipment & Materials industry.

FormFactor Inc supplies electrical and optical testing equipment for semiconductors at all development phases, including design validation, qualification, and manufacturing. The company manufactures contact probes, measurement stations, thermal control devices, and cryogenic instruments sold to semiconductor manufacturers and research institutions. Its Probe Cards and Systems segments serve customers in foundry, logic, memory, and quantum computing sectors.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the FormFactor Inc stock.

Our verdict on FORM

Overvalued: intrinsic value $18.30 per share, market price $110.16, margin of safety -502.1% (as of 2026-10-19).

Discounting its cash flows at 10.8% (average of 2 methods) values the shares at $18.30; the price of $110.16 is 502% above that value.

Leak Score: 37/100 on 12 of 12 signals (On Watch).

ETFs with the most weight in FORM

17 more funds hold it; the full list is part of the paid plan.

More on FORM

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Is FORM undervalued or overvalued?

FORM is overvalued (as of the 2026-10-19 close). Discounting its cash flows at 10.8% (average of 2 methods) values the shares at $18.30; the price of $110.16 is 502% above that value.

What is the intrinsic value of FORM?

$18.30 per share (as of the 2026-10-19 close), against a market price of $110.16. That is a margin of safety of -502.1%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is FormFactor Inc's Leak Score?

37 out of 100, which we rate "On Watch", on 12 of 12 value investing signals.