Allegro MicroSystems (ALGM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Allegro MicroSystems

NasdaqGS•Technology•Semiconductors

$33.02-0.24(-0.01%)After hours

Market Cap

$6.14B

P/S

6.9x

P/B

6.4x

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. The company serves automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure sectors. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.

How this company scores

GoodMetricSide Score: 67/100

Strongest: Growth (21/25); weakest: Profitability (14/25).

Profitability14/25

Growth21/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality16/25

Strengths

Growing revenueRising free cash flowLong cash runwayLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 73.5x5y range 24.7x – 113.9x

Currently above its 13-quarter median.

P/S · 6.9x5y range 5.0x – 9.3x

Currently near its 20-quarter median.

P/B · 6.4x5y range 4.4x – 10.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 1.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $6.14B

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $890.10M
Q. Revenue: $243.19M
TTM EBITDA: $85.43M
TTM Op. Income: $18.49M
Q. Op. Income: $5.41M
TTM Net Income: $-14.90M
Q. Net Income: $-16.49M
EPS: $-0.089
Shares Out.: $185.31M

$890.10M in TTM revenue grew 22.8% YoY, reaching $243.19M last quarter. TTM EBITDA of $85.43M and TTM operating income of $18.49M show growth is flowing through to the bottom line. However, net income is negative at $14.90M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 47.0%
EBITDA Margin: 9.5%
Op. Margin: 2.2%
Net Margin: -6.8%

Op. margin of 2.2% is up 9.1% YoY — cost efficiency is improving. Net margin at -6.8% and gross margin of 47.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 133% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 6.9x
P/B Ratio: 6.4x

P/S of 6.9x and P/B of 6.4x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.42B
Cash: $168.75M
Long-Term Debt: $285.75M
Book Value: $954.75M
D/E Ratio: 0.3
Debt/EBITDA: 12.3

With $1.42B in assets and $285.75M in long-term debt, D/E is 0.3and book value is $954.75M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 19% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $35.71M
TTM Free Cash Flow: $161.94M
FCF Margin: 18.2%
FCF / Net Income: -10.9

TTM FCF of $161.94M on $35.71M in operating cash flow. The FCF / Net Income ratio of -10.9x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.