ALAB Stock in Focus: Does It Outshine the Peer Group?

ALAB: Astera Labs logo
ALAB
Astera Labs

Here is how Astera Labs (ALAB) stacks up against its peers in size, valuation, growth and margin.

  • ALAB’s operating margin of -4.4% is negative, and lower than most peers – trailing FSLR (33.1%).
  • ALAB’s revenue growth of 200.2% in the last 12 months is solid, outpacing POWI, SLAB, FSLR, QCOM, MPWR.
  • ALAB gained 205.2% in the past year and trades at a PE of 508.1, outperforming its peers.
  ALAB POWI SLAB FSLR QCOM MPWR
Market Cap ($ Bil) 21.0 2.8 4.4 19.2 175.6 35.0
Revenue ($ Bil) 0.5 0.4 0.7 4.2 42.3 2.4
PE Ratio 508.1 76.2 -26.7 14.8 15.9 19.1
LTM Revenue Growth 200.2% 0.7% 2.2% 26.7% 16.1% 30.6%
LTM Operating Margin -4.4% 5.6% -21.1% 33.1% 27.1% 25.7%
LTM FCF Margin 21.8% 16.9% 13.9% -7.3% 27.7% 26.2%
12M Market Return 205.2% -29.1% 16.8% -15.1% -2.6% -5.8%

Astera Labs innovating semiconductor connectivity solutions to optimize cloud and AI infrastructure performance, founded in 2017 and headquartered in Santa Clara, CA.

Why does this matter? ALAB just went up 42.5% in a month, and surely, that warrants another look. And without benchmarks, you can mistake hype for strength or overlook hidden value. Peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, or just delivering average results.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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Revenue Growth Comparison

  LTM 2024 2023 2022
ALAB 200.2% 242.2% 45.0%
POWI 0.7% -5.8% -31.7% -7.4%
SLAB 2.2% -25.3% -23.6% 42.1%
FSLR 26.7% 26.7% 26.7% -10.4%
QCOM 16.1% 8.8% -19.0% 31.7%
MPWR 30.6% 21.2% 1.5% 48.5%

Operating Margin Comparison

  LTM 2024 2023 2022
ALAB -4.4% -29.3% -25.5% -75.4%
POWI 5.6% 4.3% 7.9% 27.7%
SLAB -21.1% -28.3% -3.1% 11.6%
FSLR 33.1% 33.1% 26.7% -10.7%
QCOM 27.1% 25.8% 21.7% 35.9%
MPWR 25.7% 24.4% 26.5% 29.4%

PE Ratio Comparison

  LTM 2024 2023 2022
ALAB 235.3 -208.4 -0.0 -0.0
POWI 77.5 108.8 84.3 24.3
SLAB -22.2 -20.9 -121.9 52.1
FSLR 10.5 14.6 22.1 -361.4
QCOM 15.9 16.9 22.3 9.5
MPWR 15.2 16.1 70.3 37.8

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.