ALAB vs the Competition: Which Stock Comes Out on Top?
Here is how Astera Labs (ALAB) stacks up against its peers in size, valuation, growth and margin.
- ALAB’s operating margin of 7.0% is modest, but lower than most peers – trailing FSLR (32.3%).
- ALAB’s revenue growth of 163.8% in the last 12 months is strong, outpacing POWI, SLAB, FSLR, QCOM, MPWR.
- ALAB gained 338.6% in the past year and trades at a PE of 296.4, outperforming its peers.
As a quick background, Astera Labs innovating semiconductor connectivity solutions to optimize cloud and AI infrastructure performance, founded in 2017 and headquartered in Santa Clara, CA.
| ALAB | POWI | SLAB | FSLR | QCOM | MPWR | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 29.7 | 2.5 | 4.1 | 19.5 | 163.4 | 38.2 |
| Revenue ($ Bil) | 0.6 | 0.4 | 0.7 | 4.3 | 42.3 | 2.5 |
| PE Ratio | 296.4 | 73.4 | -24.6 | 15.4 | 14.8 | 20.5 |
| LTM Revenue Growth | 163.8% | 7.2% | 2.2% | 19.4% | 16.1% | 34.3% |
| LTM Operating Margin | 7.0% | 4.7% | -21.1% | 32.3% | 27.1% | 26.0% |
| LTM FCF Margin | 34.7% | 18.7% | 13.9% | -22.9% | 27.7% | 28.4% |
| 12M Market Return | 338.6% | -26.4% | 25.5% | -14.0% | -8.1% | -2.3% |
Why does this matter? ALAB just went up 87.1% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through ALAB Dip Buyer Analysis lens.
While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| ALAB | 163.8% | 242.2% | 45.0% | � |
| POWI | 7.2% | -5.8% | -31.7% | -7.4% |
| SLAB | 2.2% | -25.3% | -23.6% | 42.1% |
| FSLR | 19.4% | 26.7% | 26.7% | -10.4% |
| QCOM | 16.1% | 8.8% | -19.0% | 31.7% |
| MPWR | 34.3% | 21.2% | 1.5% | 48.5% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| ALAB | 7.0% | -29.3% | -25.5% | -75.4% |
| POWI | 4.7% | 4.3% | 7.9% | 27.7% |
| SLAB | -21.1% | -28.3% | -3.1% | 11.6% |
| FSLR | 32.3% | 33.1% | 26.7% | -10.7% |
| QCOM | 27.1% | 25.8% | 21.7% | 35.9% |
| MPWR | 26.0% | 24.4% | 26.5% | 29.4% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| ALAB | 149.3 | -208.4 | -0.0 | -0.0 |
| POWI | 93.7 | 108.8 | 84.3 | 24.3 |
| SLAB | -29.0 | -20.9 | -121.9 | 52.1 |
| FSLR | 14.0 | 14.6 | 22.1 | -361.4 |
| QCOM | 15.9 | 16.9 | 22.3 | 9.5 |
| MPWR | 18.8 | 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 its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. 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.