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Makes magnetic sensor and power ICs used mainly in automotive (EV/ADAS) and industrial motor-control applications.
Makes magnetic sensor and power ICs used mainly in automotive (EV/ADAS) and industrial motor-control applications.
Sells chips by the unit, but a part is chosen for a specific car or machine design and then ships for that model's multi-year life, so wins today set revenue for years. Automotive is the largest end-market, with industrial next. Sanken Electric of Japan was its parent until it listed in the US in 2020.
Moat: narrow (IP / patents, customer qualification). Long automotive qualification cycles and sensor IP create switching costs, though it depends heavily on auto/EV production.
Headquarters: Manchester, New Hampshire, United States · Founded: 1990 · Employees: 4,250
Size Allegro MicroSystems (ALGM) is a United States Information Technology company (Semiconductors) with a market value of $5.25B, the 1153rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $28.17 on 6 Nov 2026.
Performance Over six months the shares fell 42.5%, against -17.8% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue grew 27.9% over the last twelve months (peer median +23.5%); the operating margin is 8.7% (peer median 17.5%).
Valuation It trades at 22.1× forward earnings against a peer median of 38.7× (4th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 45% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +37 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.3 points below its cost of capital (14.6% WACC).
Short interest Short interest is 5.6% of the free float (15 Oct 2026).
Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.01B | $890M | $725M | $1.05B | $974M |
| Revenue growth | — | +23% | -31% | +8% | — |
| Gross profit | $483M | $414M | $322M | $575M | $546M |
| EBITDA | $157M | $107M | $44.7M | $281M | $251M |
| Net income | $30.9M | -$14.9M | -$73.0M | $153M | $187M |
| Free cash flow | $104M | $125M | $22.0M | $56.9M | $113M |
| Capital expenditure | $35.5M | $38.2M | $41.1M | $125M | $79.8M |
| Total debt | $303M | $306M | $368M | $275M | $42.5M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Allegro MicroSystems ALGM | $5.25B | -42% | +28% | 9% | 22.1× | 45.3% |
| Infineon Technologies IFNNY | $73.4B | -30% | +14% | 13% | 17.1× | 34.7% |
| Texas Instruments TXN | $253B | -4% | +20% | 41% | 24.6× | 23.3% |
| ON Semiconductor ON | $24.6B | -39% | +3% | 19% | 14.3× | 20.0% |
| Tdk 6762.T | $25.4B | -27% | +25% | 10% | 15.0× | 18.2% |
| STMicroelectronics STMPA.PA | $37.7B | -32% | +10% | 7% | 31.4× | 34.0% |
| NXP Semiconductors NXPI | $62.6B | -15% | +15% | 30% | 14.1× | 16.3% |
| Monolithic Power Systems MPWR | $58.1B | -26% | +40% | 30% | 28.3× | 39.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ALGM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -22.3% | -15.1% | 8th lowest of 21 |
| 6-month return | -42.5% | -17.8% | 2nd lowest of 20 |
| Distance from 52-week high | -60.8% | -46.3% | 4th lowest of 21 |
| Revenue growth (TTM) | +27.9% | +23.5% | 10th highest of 21 |
| Operating margin | 8.7% | 17.5% | 8th lowest of 21 |
| Forward P/E | 22.1× | 38.7× | 4th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 45.3% | 28.8% | 3rd most demanding of 12 |
| Growth delivered (Del g) | +8.5% | +16.5% | 6th lowest of 12 |
| Hurdle (Req g minus delivered) | +36.8 pp | +10.7 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | -8.3 pp | +0.6 pp | 4th lowest of 21 |
| EV / EBITDA | 34.1× | 23.0× | 2nd most expensive of 5 |
| Net debt / EBITDA | 0.7× | 1.2× | 3rd least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Allegro MicroSystems ALGM | United States | $5.25B | -42% | +28% | 9% | 22.1× | 45.3% | +8.5% |
| Impinj PI | United States | $5.28B | +12% | +8% | -1% | 62.6× | 47.2% | +21.1% |
| Win Semiconductors 3105.TWO | Taiwan | $5.19B | -27% | +24% | 11% | 28.5× | 48.8% | -8.2% |
| Hubei Feilihua Quartz Glass 300395.SZ | China | $5.35B | -38% | +50% | 24% | 52.7× | n/a | n/a |
| Dosilicon 688110.SS | China | $5.13B | -7% | +375% | 54% | 27.4× | 23.6% | +3.3% |
| GalaxyCore 688728.SS | China | $5.41B | +1% | +16% | 3% | 86.7× | 28.8% | +3.8% |
| Sigmastar Technology 301536.SZ | China | $5.41B | +4% | +99% | 31% | n/a | 19.6% | +20.0% |
| EverProX Technologies 300548.SZ | China | $5.04B | -59% | +64% | 35% | 33.5× | 30.9% | +26.6% |
| Zhejiang Quartz Crystal Optoelectronic Technology 002273.SZ | China | $5.03B | -28% | +19% | 18% | 24.9× | 16.9% | +16.5% |
| Silicon Motion Technology Corporation Sponsored ADR SIMO | United States | $5.52B | -36% | +104% | 21% | 8.4× | n/a | n/a |
| Espressif Systems (Shanghai) 688018.SS | China | $5.61B | +30% | +23% | 19% | 48.8× | 36.0% | +25.3% |
| MaxOne Semiconductor (Suzhou) 688809.SS | China | $4.90B | +2% | +57% | 39% | n/a | n/a | n/a |
| CSI Solar 688472.SS | China | $4.87B | -37% | -36% | -2% | 48.8× | n/a | n/a |
| TCL Zhonghuan Renewable Energy Technology 002129.SZ | China | $5.68B | +9% | +13% | -27% | n/a | n/a | n/a |
| Cirrus Logic CRUS | United States | $5.69B | -34% | +6% | 23% | 16.9× | 1.5% | +7.8% |
| Henan Shijia Photons Technology 688313.SS | China | $5.72B | -36% | +73% | 22% | 47.9× | n/a | n/a |
| SG Micro 3661.HK | Hong Kong | $5.78B | n/a | +54% | 17% | 38.7× | 3.4% | +25.8% |
| Amlogic (Shanghai) 688099.SS | China | $5.84B | -13% | +39% | 17% | 22.4× | n/a | n/a |
| Beijing YanDong MicroElectronic 688172.SS | China | $5.86B | -26% | +22% | -89% | 63.3× | n/a | n/a |
| Hangzhou Silan Microelectronics 600460.SS | China | $5.93B | -18% | +12% | 2% | 41.1× | n/a | n/a |
| Synaptics SYNA | United States | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% | -2.2% |