Astera Labs, Inc. (ALAB) vs GlobalFoundries Inc. (GFS)

Astera Labs, Inc. and GlobalFoundries Inc. are both Semiconductors companies. Astera Labs, Inc. is the larger, with a market value of $38.7B against $22.1B — 1.7× the size. GlobalFoundries Inc. trades at the lower P/E: 30.6× against 82.1×. Astera Labs, Inc. grew revenue faster over the last twelve months: 115.2% against 1.40%. Astera Labs, Inc. has the higher net margin (29.6% vs 10.3%) and the higher return on invested capital (40.0% vs 4.51%). Across the 20 metrics below, Astera Labs, Inc. leads on 11 and GlobalFoundries Inc. on 9.

Valuation

Metric ALAB GFS Semiconductors median
P/E 82.07 30.58 44.75
P/S 24.61 3.15 7.21
P/B 19.16 1.84 4.87
Price to free cash flow 111.12 30.70 49.60
EV/EBITDA 131.97 10.47 26.59
EV/Sales 23.73 3.04 6.30
Earnings yield 1.22% 3.27% 0.76%
Free cash flow yield 0.90% 3.26% 0.74%

Profitability

Metric ALAB GFS Semiconductors median
Gross margin 73.89% 27.14% 52.21%
Operating margin 25.52% 11.59% 5.48%
Net margin 29.64% 10.32% 4.26%
Free cash flow margin 22.15% 13.07% 8.00%
Return on equity 28.21% 6.13% 3.17%
Return on assets 24.93% 4.25% 2.03%
Return on invested capital 39.95% 4.51% 2.80%

Growth

Metric ALAB GFS Semiconductors median
Revenue growth (TTM) 115.24% 1.40% 15.93%
EPS growth (last fiscal year) 290.62% 431.25% 26.67%
Revenue growth, 5-year CAGR — 6.96% 5.60%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric ALAB GFS Semiconductors median
Debt to equity 0.00 0.14 0.07
Current ratio 8.03 2.48 3.29
Net debt to EBITDA (6.90) (0.68) 0.53

Dividend

Metric ALAB GFS Semiconductors median
Dividend yield — 0.60% 1.29%
Payout ratio — 0.19 0.38

Size

Metric ALAB GFS Semiconductors median
Market cap 38.73b 22.14b 5.67b

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