FormFactor Inc (FORM) - Net Assets
Based on the latest financial reports, FormFactor Inc (FORM) has net assets worth $1.04 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.22 Billion) and total liabilities ($189.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FORM financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 84.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | 26.91% |
| 10-Year Change | 158.15% |
| Growth Volatility | 24.18 |
FormFactor Inc - Net Assets Trend (2000–2025)
This chart illustrates how FormFactor Inc's net assets have evolved over time, based on quarterly financial data. Also explore FormFactor Inc (FORM) total assets for the complete picture of this company's asset base.
Annual Net Assets for FormFactor Inc (2000–2025)
The table below shows the annual net assets of FormFactor Inc from 2000 to 2025. For live valuation and market cap data, see FORM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.04 Billion | +9.24% |
| 2024-12-31 | $947.77 Million | +4.29% |
| 2023-12-31 | $908.80 Million | +12.44% |
| 2022-12-31 | $808.28 Million | -0.92% |
| 2021-12-31 | $815.78 Million | +9.64% |
| 2020-12-31 | $744.08 Million | +16.08% |
| 2019-12-31 | $641.00 Million | +10.49% |
| 2018-12-31 | $580.16 Million | +26.50% |
| 2017-12-31 | $458.64 Million | +14.36% |
| 2016-12-31 | $401.06 Million | +36.10% |
| 2015-12-31 | $294.68 Million | +1.81% |
| 2014-12-31 | $289.44 Million | -1.58% |
| 2013-12-31 | $294.09 Million | -13.32% |
| 2012-12-31 | $339.26 Million | -2.13% |
| 2011-12-31 | $346.65 Million | -15.70% |
| 2010-12-31 | $411.20 Million | -28.83% |
| 2009-12-31 | $577.78 Million | -18.17% |
| 2008-12-31 | $706.06 Million | -6.72% |
| 2007-12-31 | $756.95 Million | +22.56% |
| 2006-12-31 | $617.61 Million | +94.35% |
| 2005-12-31 | $317.79 Million | +19.84% |
| 2004-12-31 | $265.18 Million | +23.94% |
| 2003-12-31 | $213.95 Million | +4347.51% |
| 2002-12-31 | $-5.04 Million | +71.35% |
| 2001-12-31 | $-17.58 Million | +5.40% |
| 2000-12-31 | $-18.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FormFactor Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 17530600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $175.31 Million | 16.93% |
| Common Stock | $78.00K | 0.01% |
| Other Comprehensive Income | $-3.53 Million | -0.34% |
| Other Components | $863.55 Million | 83.40% |
| Total Equity | $1.04 Billion | 100.00% |
FormFactor Inc Competitors by Market Cap
The table below lists competitors of FormFactor Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clearwater Analytics Holdings Inc
NYSE:CWAN
|
$6.89 Billion |
|
Shenzhen Fastprint Circuit Tech Co Ltd
SHE:002436
|
$6.89 Billion |
|
Petrovietnam Gas JSC
VN:GAS
|
$6.89 Billion |
|
Demant A/S
CO:DEMANT
|
$6.90 Billion |
|
Bank of India
NSE:BANKINDIA
|
$6.89 Billion |
|
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
|
$6.88 Billion |
|
Frontline Ltd
NYSE:FRO
|
$6.88 Billion |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756
|
$6.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FormFactor Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 947,768,000 to 1,035,403,000, a change of 87,635,000 (9.2%).
- Net income of 54,361,000 contributed positively to equity growth.
- Share repurchases of 26,244,000 reduced equity.
- New share issuances of 26,119,000 increased equity.
- Other comprehensive income increased equity by 7,312,000.
- Other factors increased equity by 26,087,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $54.36 Million | +5.25% |
| Share Repurchases | $26.24 Million | -2.53% |
| Share Issuances | $26.12 Million | +2.52% |
| Other Comprehensive Income | $7.31 Million | +0.71% |
| Other Changes | $26.09 Million | +2.52% |
| Total Change | $- | 9.25% |
Book Value vs Market Value Analysis
This analysis compares FormFactor Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $-5.52 | $137.37 | x |
| 2001-12-31 | $-4.36 | $137.37 | x |
| 2002-12-31 | $-0.85 | $137.37 | x |
| 2003-12-31 | $7.31 | $137.37 | x |
| 2004-12-31 | $6.62 | $137.37 | x |
| 2005-12-31 | $7.64 | $137.37 | x |
| 2006-12-31 | $13.09 | $137.37 | x |
| 2007-12-31 | $15.27 | $137.37 | x |
| 2008-12-31 | $14.44 | $137.37 | x |
| 2009-12-31 | $11.68 | $137.37 | x |
| 2010-12-31 | $8.18 | $137.37 | x |
| 2011-12-31 | $6.86 | $137.37 | x |
| 2012-12-31 | $6.71 | $137.37 | x |
| 2013-12-31 | $5.43 | $137.37 | x |
| 2014-12-31 | $5.18 | $137.37 | x |
| 2015-12-31 | $5.09 | $137.37 | x |
| 2016-12-31 | $6.18 | $137.37 | x |
| 2017-12-31 | $6.18 | $137.37 | x |
| 2018-12-31 | $7.72 | $137.37 | x |
| 2019-12-31 | $8.29 | $137.37 | x |
| 2020-12-31 | $9.42 | $137.37 | x |
| 2021-12-31 | $10.31 | $137.37 | x |
| 2022-12-31 | $10.34 | $137.37 | x |
| 2023-12-31 | $11.63 | $137.37 | x |
| 2024-12-31 | $12.08 | $137.37 | x |
| 2025-12-31 | $13.22 | $137.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FormFactor Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.93%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.18x
- Recent ROE (5.25%) is above the historical average (-0.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 3.69% | 1.19x | 0.00x | $3.94 Million |
| 2001 | 0.00% | 0.06% | 1.18x | 0.00x | $1.80 Million |
| 2002 | 0.00% | 13.17% | 1.02x | 0.00x | $10.86 Million |
| 2003 | 4.00% | 8.71% | 0.42x | 1.10x | $-12.84 Million |
| 2004 | 9.49% | 14.16% | 0.59x | 1.14x | $-1.34 Million |
| 2005 | 9.50% | 12.71% | 0.62x | 1.20x | $-1.60 Million |
| 2006 | 9.84% | 16.46% | 0.53x | 1.13x | $-973.20K |
| 2007 | 9.63% | 15.77% | 0.54x | 1.13x | $-2.81 Million |
| 2008 | -11.42% | -38.36% | 0.27x | 1.11x | $-151.23 Million |
| 2009 | -26.94% | -115.01% | 0.21x | 1.13x | $-213.43 Million |
| 2010 | -45.79% | -99.85% | 0.40x | 1.13x | $-229.41 Million |
| 2011 | -19.03% | -38.97% | 0.44x | 1.11x | $-100.65 Million |
| 2012 | -10.48% | -19.91% | 0.45x | 1.17x | $-69.47 Million |
| 2013 | -19.61% | -24.91% | 0.68x | 1.16x | $-87.09 Million |
| 2014 | -6.63% | -7.14% | 0.78x | 1.19x | $-48.13 Million |
| 2015 | -0.52% | -0.54% | 0.82x | 1.16x | $-30.99 Million |
| 2016 | -1.63% | -1.71% | 0.62x | 1.55x | $-46.66 Million |
| 2017 | 8.92% | 7.46% | 0.85x | 1.41x | $-4.95 Million |
| 2018 | 17.93% | 19.64% | 0.73x | 1.26x | $46.02 Million |
| 2019 | 6.14% | 6.67% | 0.70x | 1.31x | $-24.75 Million |
| 2020 | 10.55% | 11.32% | 0.72x | 1.29x | $4.11 Million |
| 2021 | 10.29% | 10.90% | 0.75x | 1.25x | $2.35 Million |
| 2022 | 6.28% | 6.78% | 0.74x | 1.25x | $-30.09 Million |
| 2023 | 9.07% | 12.42% | 0.60x | 1.22x | $-8.49 Million |
| 2024 | 7.35% | 9.12% | 0.67x | 1.21x | $-25.16 Million |
| 2025 | 5.25% | 6.93% | 0.64x | 1.18x | $-49.18 Million |
Industry Comparison
This section compares FormFactor Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $1,095,918,141
- Average return on equity (ROE) among peers: -17.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FormFactor Inc (FORM) | $1.04 Billion | 0.00% | 0.18x | $6.89 Billion |
| Axcelis Technologies Inc (ACLS) | $353.61 Million | 35.90% | 0.38x | $2.81 Billion |
| Acm Research Inc (ACMR) | $926.16 Million | 8.35% | 0.61x | $3.12 Billion |
| Aehr Test Systems (AEHR) | $7.03 Million | 6.00% | 0.74x | $2.17 Billion |
| Applied Materials Inc (AMAT) | $8.07 Billion | -1.85% | 0.28x | $308.78 Billion |
| Ambarella Inc (AMBA) | $156.36 Million | 16.41% | 0.17x | $2.88 Billion |
| Amkor Technology Inc (AMKR) | $243.16 Million | -187.81% | 8.80x | $14.36 Billion |
| ASML Holding NV ADR (ASML) | $1.09 Billion | 31.74% | 1.20x | $546.45 Billion |
| Amtech Systems Inc (ASYS) | $6.40 Million | -9.38% | 0.45x | $201.11 Million |
| Atomera Inc (ATOM) | $16.86 Million | -77.52% | 0.06x | $197.35 Million |
| AXT Inc (AXTI) | $93.25 Million | 5.67% | 0.21x | $2.62 Billion |
About FormFactor Inc
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor de… Read more