Stock Analysis
Astera Labs, Inc. Common StockALAB
P/E 134.20×· 3Y range 71.98–308.64×· 32th percentile of history
Sector: Technology · Industry: Semiconductors & Related Devices
AnalystsStrong Buy29 analystsP/E 134.2× sits at the 32nd percentile of its 2.5735797399041753-year history.
Cash covers 38959% of debt · Q2 2024.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Profitability95
- Financial Health75
Risks
- Quality30
- Growth50
Mixed picture — no clear quality or value edge.
Market context
-5.4% today· Z 1.3σ
Bull Case
- ✓Altman Z 183.5 — safe-zone balance sheet
- ✓ROE 27.1% — efficient capital deployment
- ✓Revenue CAGR 120.2% — durable top-line growth
What's happening with ALAB
Profile
Strong profitability and financial health; earnings quality, moat and valuation lag behind.
How is each axis scored?
- Valuation35/100 · Weak
- P/E vs own history (32th pct)20/25
- FCF yield (0.6%)5/25
- P/S (40.9x)0/25
- EV/EBIT (n/a)10/25
- Growth50/100 · Moderate
- Revenue CAGR (120.2%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (107.2%)25/25
- Profitability95/100 · Strong
- ROIC (123.6%)25/25
- ROE (27.1%)25/25
- Net margin (30.7%)25/25
- Operating margin (22.8%)20/25
- Financial Health75/100 · Strong
- Altman Z (183.49)25/25
- Current ratio (10.24)25/25
- Interest coverage (no interest expense)25/25
- Net cash / debt (n/a)0/25
- Quality30/100 · Weak
- Piotroski F (5/9)15/25
- Beneish M (1.26)0/25
- FCF conversion (75%)15/25
- Margin stability (σ 55.3%)0/25
- Moat30/100 · Weak
- ROIC >12% years (1/4 yrs)0/25
- Median gross margin (74.6%)25/25
- FCF-positive years (2/4 yrs)5/25
- Worst-year net margin (worst -73.0%)0/25
Risk Flags
- ⚠Beneish M 1.26 — earnings-manipulation flag
- ⚠SBC 16.2% of revenue — real dilution cost
- ⚠3 loss-making years in recent history
About Astera Labs, Inc. Common Stock
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Show more
Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
Headquarters: SAN JOSE, CA · Employees: 756 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
35DP/E (TTM)133.1xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 3Y history: 72.0x–308.6x · 32nd pct
P/FCF189.4xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield0.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 3Y history: 0.2%–1.8% · 23rd pct
P/S (TTM)40.92xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 3Y history: 17.3x–113.3x · 59th pct
EV/EBITDA183.2xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 3Y history: 154.0x–363.7x · 13th pct
EV/Sales43.5xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E64.2xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio36.07xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio4.03D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
95A+ROIC123.6%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE27.1%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA22.7%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin30.7%A
Grade A: HighNet Income / Revenue
Operating Margin22.8%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin75.1%A
Grade A: PremiumGross Profit / Revenue
FCF Margin23.0%A
Grade A: HighFCF / Revenue
True FCF Margin6.8%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR120.2%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth107.2%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income52.8%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue16.2%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
75B+Altman Z-Score183.49A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio10.24xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio9.36xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage—
EBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
30DPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score1.26D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion74.9%C
Grade C: AverageFCF / Net Income
Margin Stability55.3%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue4.9%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.74xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | SellOpen market sale | -661 | |
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | SellOpen market sale | -8333 | |
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | SellOpen market sale | -3505 | |
HURLSTON MICHAEL E. Filed | HURLSTON MICHAEL E. | Grant / award | +72 | |
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | Grant / award | +68 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
BARRATT CRAIG H Filed | BARRATT CRAIG H | Grant / award | +68 | |
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | SellOpen market sale | -32 | |
Dyckerhoff Stefan A Filed | Dyckerhoff Stefan A | SellOpen market sale | -407 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
30DROIC >12% Years1/4 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)74.6%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years2/4 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-73.0%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.13
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$7.22
Cash & short-term investments per share (Finnhub)
Book Value / Share$9.95
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.19B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.36B
Shareholders' equity (book value)
Asset / Liability9.11xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$49.18B
Current Market Capitalization
Beta3.73D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Astera Labs, Inc. Common Stock (ALAB)
ALAB is down 5.35% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Astera Labs, Inc. Common Stock. Altman Z-Score of 183.49 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of 1.26 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny.
- Revenue has compounded at roughly 120% annually — a strong growth profile.
- Astera Labs, Inc. Common Stock converts about 23% of revenue into free cash flow — strong cash generation.
- Astera Labs, Inc. Common Stock posted a net loss in 3 of 4 available completed fiscal years (2022–2025).
- Return on equity of 27.1% is well above the market average.
See how ALAB ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ALAB moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | After-hours | 292.99 | -9.96% | -2.32 |
| Oct 8 | Regular | 343.32 | -10.18% | -2.38 |
| Oct 8 | After-hours | 346.04 | -9.47% | -2.23 |
| Sep 21 | Pre-market | 313.49 | +3.38% | 2.25 |
| Sep 21 | Regular | 342.25 | +12.86% | 8.57 |
Frequently Asked Questions about ALAB
What is the current Astera Labs, Inc. Common Stock (ALAB) stock price?
ALAB is trading at $285.82 at the last market close, down 5.35% on the session. PreMarketPrice tracks ALAB pre-market, intraday and after-hours prices.
Is ALAB stock a buy right now?
PreMarketPrice's quantitative model rates Astera Labs, Inc. Common Stock's financial health at 75/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ALAB stock overvalued?
Astera Labs, Inc. Common Stock trades at a trailing P/E of 133.1 and our valuation score rates it 35/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Astera Labs, Inc. Common Stock report earnings?
No confirmed earnings date is currently scheduled for ALAB. The Earnings section lists recent reports and updates as dates are announced.
What sector does Astera Labs, Inc. Common Stock operate in?
Astera Labs, Inc. Common Stock operates in the Technology sector, within the Semiconductors & Related Devices industry. The Related Stocks section lists sector peers for comparison.
What does Astera Labs, Inc. Common Stock do?
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure.
About Astera Labs, Inc. Common Stock (ALAB) Stock
Astera Labs, Inc. Common Stock (ALAB) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry. As of the latest update, Astera Labs, Inc. Common Stock is trading at $285.82, down 5.35% on the day with a market capitalization of $49.2 billion. The financial health score for ALAB is 75/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ALAB stock.
ALAB Stock Analysis & Key Metrics
On PreMarketPrice, you can track Astera Labs, Inc. Common Stock (ALAB) across multiple dimensions:
- Pre-market price & movement: Real-time ALAB stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ALAB with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Astera Labs, Inc. Common Stock across multiple reporting periods.
- Financial health score: A composite score of 75/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ALAB.
- Sector peers: Compare ALAB against 6 other technology stocks on key financial metrics.
Is ALAB a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Astera Labs, Inc. Common Stock (ALAB) as an investment. The financial health score of 75/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Astera Labs, Inc. Common Stock (ALAB) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.