FORM vs KLAC vs EMR Stock Comparison

Formfactor, Kla and Emerson Electric Prices as of Oct 28, 2026 Peers: Industry group
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FORM Formfactor Inc
$110.31 -15.8% 1M +160.0% 1Y
Market cap
$8.62B
P/E
49.6x
Revenue (TTM)
$980.10M
Div. yield
–
Test and Measurement Technology
3 wins
KLAC Kla Corp
$158.77 -16.1% 1M +31.6% 1Y
Market cap
$207.51B
P/E
41.5x
Revenue (TTM)
$14.06B
Div. yield
0.29%
Semiconductor Equipment Technology
2 wins
EMR Emerson Electric Co
$167.78 +5.3% 1M +24.7% 1Y
Market cap
$93.59B
P/E
36.4x
Revenue (TTM)
$18.64B
Div. yield
1.33%
Pumps and Valves Industrials
4 wins

Head to Head

9 decided of 12

Emerson Electric leads on 4 of the 12 questions below (Emerson Electric 4, Formfactor 3, Kla 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFORMKLACEMRLeader
Larger companyMarket capitalisation $8.62B $207.51B $93.59B KLAC
Cheaper on earningsLower P/E, profitable companies only 49.6x 41.5x 36.4x EMR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.0x 28.0x 24.9x EMR
Faster revenue growthRevenue growth, trailing twelve months +29.1% +12.2% +4.8% FORM
More profitableNet margin, trailing twelve months — — 13.8% –
Better return on capitalReturn on invested capital — — 10.9% –
Less leveragedLower net debt / EBITDA — — 1.8x –
Higher dividend yieldTrailing dividend yield — 0.29% 1.33% EMR
Better 1-year returnPrice return, last 12 months +160.0% +31.6% +24.7% FORM
Better 5-year returnAnnualised price return, 5 years +22.6%/yr +33.6%/yr +11.6%/yr KLAC
Less volatileAnnualised volatility, 1 year 87.2% 61.5% 31.8% EMR
Higher overall scoreMean of the five percentile scores vs peers 72/100 43/100 45/100 FORM

Percentile Scorecard

FORMKLACEMR

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

AxisFORMKLACEMR
Valuation 32 #76 of 111 36 #61 of 94 33 #136 of 203
Growth 97 #4 of 108 54 #43 of 92 39 #115 of 188
Profitability 73 #29 of 104 92 #8 of 90 87 #25 of 184
Financial Health 88 #15 of 115 5 #94 of 99 30 #153 of 217
Shareholder Returns – 29 #52 of 73 37 #97 of 153
Overall 72 43 45
  • FORM ranked among 121 companies in Computer Hardware
  • KLAC ranked among 103 companies in Semiconductors
  • EMR ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodFORMKLACEMRSPY
1 month -15.8%-16.1%+5.3% +0.9%
3 months +32.2%-6.7%+15.1% +5.9%
6 months -18.6%-12.6%+22.9% +8.5%
Year to date +97.8%+30.7%+26.4% +13.3%
1 year +160.0%+31.6%+24.7% +12.4%
3 years +238.6%+246.7%+90.6% +88.1%
3 years, per year +50.2%+51.4%+24.0% +23.5%
5 years +177.3%+325.9%+73.0% +68.2%
5 years, per year +22.6%+33.6%+11.6% +11.0%
10 years +1,097.7%+2,026.6%+235.0% +263.4%
10 years, per year +28.2%+35.8%+12.9% +13.8%

Risk

MeasureFORMKLACEMRSPY
Volatility, 1Y 87.2%61.5%31.8% 12.7%
Downside volatility, 1Y 87.7%65.7%33.5% 12.7%
Beta vs S&P 500, 1Y 3.002.801.54 1.00
Return / volatility, 1Y 1.840.510.78 0.98
Max drawdown, 5Y -62.7%-51.7%-29.9% -25.4%
From 52-week high -31.0%-47.4%0.0% -0.9%
52-week high $159.93$301.71$167.78 $779.14
52-week low $42.42$109.71$123.30 $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.

MultipleFORMKLACEMR
P/E now vs peer median 49.6xmedian 33.5x 41.5xmedian 46.0x 36.4xmedian 25.4x
P/S now vs peer median 8.8xmedian 2.8x 14.8xmedian 7.9x 5.0xmedian 1.9x
EV/EBITDA now vs peer median —median 19.6x —median 28.3x 17.0xmedian 14.3x
P/FCF now vs peer median 74.4xmedian 29.8x 68.2xmedian 41.4x 27.0xmedian 21.8x
P/B now vs peer median 7.3xmedian 2.9x 31.8xmedian 4.6x 4.6xmedian 2.2x
PEG now vs peer median 0.25median 1.10 2.20median 2.30 -0.88median 1.41

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 monthsFORMKLACEMR
Revenue $980.10M $14.06B $18.64B
Gross profit $461.88M – $9.91B
Operating income $179.53M – $4.68B
Net income $173.63M $5.02B $2.58B
Free cash flow – – $3.46B
R&D $121.79M $1.53B –
EPS (diluted) $2.18 $3.80 $4.59
Cash & equivalents $138.18M $1.53B $2.18B
Total debt – – $13.11B
Shares (diluted) 79.61M 1.32B 561.10M
Enterprise value $8.62B $207.51B $86.34B

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
MetricFORMKLACEMR
P/E 49.6x 41.5x 36.4x
P/FCF 74.4x 68.2x 27.0x
P/Operating cash flow 33.5x 43.5x 23.9x
P/S 8.8x 14.8x 5.0x
P/B 7.3x 31.8x 4.6x
P/Tangible book 7.4x 32.9x 8.0x
EV/EBITDA – – 17.0x
EV/EBIT – – 22.4x
EV/Revenue 8.8x 14.8x 5.6x
EV/FCF – – 30.2x
EV/Operating cash flow 33.5x 43.5x 26.7x
PEG (3Y EPS CAGR) 0.25 2.20 -0.88

Growth

14 metrics
MetricFORMKLACEMR
Revenue growth (1Y) 29.1% 12.2% 4.8%
Revenue CAGR (3Y) 14.0% 11.4% 7.6%
Gross profit growth (1Y) 58.4% – 5.7%
Gross profit CAGR (3Y) 25.1% – 11.0%
Operating income growth (1Y) 333.3% – 9.2%
Operating income CAGR (3Y) 143.4% – 13.6%
Net income growth (1Y) 325.1% 18.4% -3.0%
Net income CAGR (3Y) 196.9% 17.4% -42.0%
EPS growth (1Y) 315.1% 18.8% -2.2%
EPS CAGR (3Y) 195.5% 18.9% -41.6%
Operating cash flow growth (1Y) 144.0% 12.2% 4.4%
Operating cash flow CAGR (3Y) 50.0% 10.4% 10.1%
Free cash flow growth (1Y) – – 4.4%
Free cash flow CAGR (3Y) – – 9.4%

Profitability

14 metrics
MetricFORMKLACEMR
Gross margin – – 53.2%
EBITDA margin – – 33.1%
Operating margin – – 25.1%
Pretax margin – – 17.6%
Net margin – – 13.8%
FCF margin – – 18.6%
Operating cash flow margin 26.2% 33.9% 21.0%
Return on equity 14.8% 77.9% 12.7%
Return on assets 12.2% 27.6% 6.1%
Return on invested capital – – 10.9%
Return on capital employed – – 14.9%
Asset turnover 0.7x 0.8x 0.4x
Cash conversion (OCF / net income) 1.5x 1.0x 1.5x
Stock comp / revenue 3.6% 2.2% 1.3%

Financial Health

11 metrics
MetricFORMKLACEMR
Debt / assets – – 31.1%
Debt / equity – – 0.6x
Net debt / EBITDA – – 1.8x
Debt / FCF – – 3.8x
Liabilities / assets 17.5% 64.6% 51.7%
Equity / assets 82.5% 35.4% 48.3%
Interest coverage – – –
Current ratio 3.7x 2.8x 0.9x
Quick ratio – – 0.5x
Cash ratio – – 0.2x
Altman Z-score – – 4.73

Shareholder Returns

7 metrics
MetricFORMKLACEMR
Dividend yield – 0.3% 1.3%
Net buyback yield – – 1.0%
Shareholder yield – 0.3% 2.3%
Payout ratio (earnings) – – 47.8%
Payout ratio (FCF) – – 35.6%
Dividend growth (1Y) – – 3.1%
Dividend CAGR (3Y) – – 0.7%

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.

ConsensusFORMKLACEMR
Forward P/E 35.0xFY2026 28.0xFY2027 24.9xFY2026
EPS, next fiscal year $3.15FY2026 $5.67FY2027 $6.75FY2026
EPS growth, next FY +142.3%FY2026 +50.8%FY2027 +12.5%FY2026
EPS growth, the year after +31.4% +16.6% +15.3%
Revenue, next fiscal year $982.39MFY2026 $19.18BFY2027 $18.13BFY2026
Revenue growth, next FY +25.1%FY2026 +41.2%FY2027 +0.6%FY2026
Revenue growth, the year after +21.5% +8.6% +15.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFORMKLACEMR
Held by institutions 92.0% 91.0% 82.1%
Institutions holding 509 2,478 2,291
Change in shares held, QoQ -3.7% +4.2% +0.9%
Institutions buying 304 1,285 1,081
Institutions selling 168 982 798
Buyers to sellers 1.81 1.31 1.35

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.

FORMKLACEMR
FORM 1.00 0.71 0.36
KLAC 0.71 1.00 0.49
EMR 0.36 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FORM, KLAC and EMR?

Kla (KLAC) is the largest by market capitalisation: Formfactor (FORM) $8.62B, Kla (KLAC) $207.51B, Emerson Electric (EMR) $93.59B.

Which stock is cheaper, FORM, KLAC and EMR?

Emerson Electric (EMR) trades on the lowest price-to-earnings ratio (Formfactor (FORM) 49.6x, Kla (KLAC) 41.5x, Emerson Electric (EMR) 36.4x). On next year's consensus earnings, Emerson Electric (EMR) is cheapest (Formfactor (FORM) 35.0x, Kla (KLAC) 28.0x, Emerson Electric (EMR) 24.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Formfactor (FORM) grew revenue fastest over the trailing twelve months: Formfactor (FORM) +29.1%, Kla (KLAC) +12.2%, Emerson Electric (EMR) +4.8%.

Which stock has performed better?

Over the past year Formfactor (FORM) returned the most: Formfactor (FORM) +160.0%, Kla (KLAC) +31.6%, Emerson Electric (EMR) +24.7%. Over five years, Kla (KLAC) compounded fastest (Formfactor (FORM) +22.6%/yr, Kla (KLAC) +33.6%/yr, Emerson Electric (EMR) +11.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Emerson Electric (EMR) has the highest dividend yield: Kla (KLAC) 0.29%, Emerson Electric (EMR) 1.33%. Formfactor (FORM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emerson Electric (EMR) has been the steadiest (Formfactor (FORM) 87.2%, Kla (KLAC) 61.5%, Emerson Electric (EMR) 31.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FORM, KLAC and EMR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emerson Electric (EMR) 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.