AIP vs ARM vs DLB Stock Comparison

Arteris, Arm Holdings and Dolby Laboratories Prices as of Oct 23, 2026 Peers: Industry group
AIP Arteris, Inc.
$19.06 -21.2% 1M +37.8% 1Y
Market cap
$915.75M
P/E
–
Revenue (TTM)
$84.62M
Div. yield
–
Semiconductor EDA Software Technology
2 wins
ARM Arm Holdings Plc /Uk
$210.33 -36.8% 1M +26.2% 1Y
Market cap
$236.92B
P/E
226.9x
Revenue (TTM)
$5.16B
Div. yield
–
Semiconductor Design Technology
2 wins
DLB Dolby Laboratories, Inc.
$62.85 +8.3% 1M -7.0% 1Y
Market cap
$5.95B
P/E
26.3x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
4 wins

Head to Head

8 decided of 12

Dolby Laboratories leads on 4 of the 12 questions below (Dolby Laboratories 4, Arm Holdings 2, Arteris 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAIPARMDLBLeader
Larger companyMarket capitalisation $915.75M $236.92B $5.95B ARM
Cheaper on earningsLower P/E, profitable companies only -23.2x 226.9x 26.3x DLB
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 101.1x 14.0x DLB
Faster revenue growthRevenue growth, trailing twelve months +33.8% +25.1% +0.6% AIP
More profitableNet margin, trailing twelve months -46.7% 20.2% 16.7% ARM
Better return on capitalReturn on invested capital -101.1% — — –
Less leveragedLower net debt / EBITDA 3.3x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +37.8% +26.2% -7.0% AIP
Better 5-year returnAnnualised price return, 5 years — — -7.3%/yr –
Less volatileAnnualised volatility, 1 year 78.9% 78.8% 30.2% DLB
Higher overall scoreMean of the five percentile scores vs peers 28/100 63/100 66/100 DLB

Percentile Scorecard

AIPARMDLB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAIPARMDLB
Valuation 11 #85 of 95 7 #88 of 95 85 #15 of 95
Growth 76 #23 of 93 88 #12 of 93 27 #68 of 93
Profitability 18 #75 of 91 77 #22 of 91 70 #28 of 91
Financial Health 27 #75 of 102 78 #23 of 102 62 #39 of 102
Shareholder Returns 11 #68 of 76 – 85 #12 of 76
Overall 28 63 66
  • AIP ranked among 104 companies in Semiconductors
  • ARM ranked among 104 companies in Semiconductors
  • DLB ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAIPARMDLBSPY
1 month -21.2%-36.8%+8.3% -1.0%
3 months -37.0%-19.1%+26.1% +2.9%
6 months -28.7%-10.4%-1.9% +6.4%
Year to date +23.0%+92.4%-2.1% +11.4%
1 year +37.8%+26.2%-7.0% +13.1%
3 years +244.7%+301.6%-22.0% +79.4%
3 years, per year +51.1%+59.0%-8.0% +21.5%
5 years ——-31.6% +67.7%
5 years, per year ——-7.3% +10.9%
10 years ——+26.1% +255.2%
10 years, per year ——+2.3% +13.5%

Risk

MeasureAIPARMDLBSPY
Volatility, 1Y 78.9%78.8%30.2% 12.7%
Downside volatility, 1Y 81.1%71.2%31.5% 12.7%
Beta vs S&P 500, 1Y 3.573.450.54 1.00
Return / volatility, 1Y 0.480.33-0.23 1.03
Max drawdown, 5Y -87.6%-54.0%-49.6% -25.4%
From 52-week high -60.8%-52.1%-9.0% -2.5%
52-week high $48.59$439.46$69.09 $779.14
52-week low $12.32$104.55$48.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAIPARMDLB
P/E now vs peer median -22.8xmedian 41.5x 213.8xmedian 41.5x 26.2xmedian 41.5x
P/S now vs peer median 11.0xmedian 6.9x 43.3xmedian 6.9x 4.4xmedian 6.9x
EV/EBITDA now vs peer median -22.8xmedian 27.3x 189.4xmedian 27.3x 15.8xmedian 27.3x
P/FCF now vs peer median 138.2xmedian 35.6x 110.9xmedian 35.6x 15.1xmedian 35.6x
P/B now vs peer median 13.8xmedian 4.2x 25.9xmedian 4.2x 2.3xmedian 4.2x
PEG now vs peer median -6.04median 2.31 6.03median 2.31 12.57median 2.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAIPARMDLB
Revenue $84.62M $5.16B $1.35B
Gross profit $74.13M $5.03B $1.19B
Operating income -$40.39M $877.00M $239.10M
Net income -$39.52M $1.04B $228.00M
Free cash flow $6.77M $2.01B $392.67M
R&D $57.09M $2.96B $265.94M
EPS (diluted) $-0.84 $0.98 $2.39
Cash & equivalents $93.27M $3.06B $669.39M
Total debt $8.63M – –
Shares (diluted) 47.28M 1.07B 94.52M
Enterprise value $662.00M $222.63B $3.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAIPARMDLB
P/E -22.8x 213.8x 26.2x
P/FCF 138.2x 110.9x 15.1x
P/Operating cash flow 109.9x 106.6x 13.5x
P/S 11.0x 43.3x 4.4x
P/B 13.8x 25.9x 2.3x
P/Tangible book 19.1x 26.5x 2.7x
EV/EBITDA -22.8x 189.4x 15.8x
EV/EBIT -20.2x 250.0x 22.0x
EV/Revenue 9.6x 42.5x 3.9x
EV/FCF 120.7x 109.0x 13.4x
EV/Operating cash flow 96.0x 104.7x 12.0x
PEG (3Y EPS CAGR) -6.04 6.03 12.57

Growth

14 metrics
MetricAIPARMDLB
Revenue growth (1Y) 33.8% 25.1% 0.6%
Revenue CAGR (3Y) – 24.7% 1.7%
Gross profit growth (1Y) 30.2% 25.6% -0.5%
Gross profit CAGR (3Y) – 25.4% 1.5%
Operating income growth (1Y) -30.4% 14.9% -15.1%
Operating income CAGR (3Y) – 21.6% -1.0%
Net income growth (1Y) -19.2% 49.4% -14.2%
Net income CAGR (3Y) -6.1% 37.2% 1.3%
EPS growth (1Y) -5.5% 48.7% -12.3%
EPS CAGR (3Y) 3.8% 35.5% 2.1%
Operating cash flow growth (1Y) 850.8% 105.5% -6.0%
Operating cash flow CAGR (3Y) 36.6% 34.7% 9.5%
Free cash flow growth (1Y) 486.2% 121.8% -10.4%
Free cash flow CAGR (3Y) 33.8% 33.3% 9.3%

Profitability

14 metrics
MetricAIPARMDLB
Gross margin 87.6% 97.5% 87.6%
EBITDA margin -42.4% 22.5% 24.5%
Operating margin -47.7% 17.0% 17.7%
Pretax margin -51.7% 24.5% 20.4%
Net margin -46.7% 20.2% 16.7%
FCF margin 8.0% 39.0% 29.0%
Operating cash flow margin 10.1% 40.6% 32.3%
Return on equity -117.0% 16.3% 8.7%
Return on assets -22.5% 12.6% 7.1%
Return on invested capital -101.1% – –
Return on capital employed -45.4% 9.0% 8.6%
Asset turnover 0.5x 0.5x 0.4x
Cash conversion (OCF / net income) -0.2x 2.0x 1.9x
Stock comp / revenue 25.3% 22.4% 9.6%

Financial Health

11 metrics
MetricAIPARMDLB
Debt / assets 1.6% – –
Debt / equity 0.1x – –
Net debt / EBITDA 3.3x – –
Debt / FCF 0.5x – –
Liabilities / assets 69.9% 22.9% 17.9%
Equity / assets 30.1% 77.1% 82.1%
Interest coverage -236.2x – –
Current ratio 1.6x 5.3x 3.2x
Quick ratio 1.5x 4.9x 3.1x
Cash ratio 1.3x 3.2x 1.6x
Altman Z-score 2.43 54.04 8.48

Shareholder Returns

7 metrics
MetricAIPARMDLB
Dividend yield – – 2.3%
Net buyback yield -8.0% – 3.5%
Shareholder yield -8.0% – 5.8%
Payout ratio (earnings) – – 58.9%
Payout ratio (FCF) – – 34.2%
Dividend growth (1Y) – – 8.6%
Dividend CAGR (3Y) – – 9.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAIPARMDLB
Forward P/E – 101.1xFY2026 14.0xFY2026
EPS, next fiscal year $-0.17FY2026 $2.08FY2026 $4.49FY2026
EPS growth, next FY – +17.5%FY2026 +5.9%FY2026
EPS growth, the year after – +51.0% +4.7%
Revenue, next fiscal year $91.38MFY2026 $5.70BFY2026 $1.50BFY2026
Revenue growth, next FY +29.5%FY2026 +15.8%FY2026 +11.1%FY2026
Revenue growth, the year after +22.0% +38.5% -7.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAIPARMDLB
Held by institutions 64.9% 9.3% 65.4%
Institutions holding 209 955 389
Change in shares held, QoQ +14.9% +12.4% +5.8%
Institutions buying 163 593 195
Institutions selling 40 257 148
Buyers to sellers 4.08 2.31 1.32

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AIPARMDLB
AIP 1.00 0.63 0.12
ARM 0.63 1.00 0.08
DLB 0.12 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AIP, ARM and DLB?

Arm Holdings (ARM) is the largest by market capitalisation: Arteris (AIP) $915.75M, Arm Holdings (ARM) $236.92B, Dolby Laboratories (DLB) $5.95B.

Which stock is cheaper, AIP, ARM and DLB?

Dolby Laboratories (DLB) trades on the lowest price-to-earnings ratio (Arteris (AIP) -23.2x, Arm Holdings (ARM) 226.9x, Dolby Laboratories (DLB) 26.3x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Arm Holdings (ARM) 101.1x, Dolby Laboratories (DLB) 14.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Arteris (AIP) grew revenue fastest over the trailing twelve months: Arteris (AIP) +33.8%, Arm Holdings (ARM) +25.1%, Dolby Laboratories (DLB) +0.6%.

Which company is more profitable?

Arm Holdings (ARM) has the highest net margin (Arteris (AIP) -46.7%, Arm Holdings (ARM) 20.2%, Dolby Laboratories (DLB) 16.7%).

Which stock has performed better?

Over the past year Arteris (AIP) returned the most: Arteris (AIP) +37.8%, Arm Holdings (ARM) +26.2%, Dolby Laboratories (DLB) -7.0%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Arteris (AIP) 0.00%, Arm Holdings (ARM) 0.00%, Dolby Laboratories (DLB) 0.02%. Arteris (AIP) and Arm Holdings (ARM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Arteris (AIP) 78.9%, Arm Holdings (ARM) 78.8%, Dolby Laboratories (DLB) 30.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AIP, ARM and DLB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Dolby Laboratories (DLB) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.