Allegro MicroSystems, Inc.
Rank #231HypergrowthALGM · Nasdaq · Technology
Allegro MicroSystems, Inc. (ALGM) — Rank #231 by gross profitability (GP/assets 0.29) · ROE -1.5% · Piotroski F-Score 7 / 9.
As-of 2026-09-15 · CIK 0000866291 · all metrics point-in-time as of the filing date.
About
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.
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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.
- Industry
- Semiconductors
- Sector
- Technology
- Filer Category
- Large accelerated filer
- Fiscal Year End
- March 31
- Website
- allegromicro.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$6.17B
P/E (annual)
—
P/S (annual)
6.9
P/B
6.4
P/OCF (annual)
37.8
Shareholder Yield
1.4%
Employees
4,250
Industry
Semiconductors
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
19.9%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -1.4% — per-share value needs a total required return of 18.5% once share-count change is priced in.
vs. own 6-year median revenue growth: 15.3%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
14.9%
r = 10% (base)
19.9%
r = 12%
24.3%
Net debt / market cap: 2.0%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.29
Primary signal (Novy-Marx).
11th of 17 SIC 3674 peers
Return on equity
-1.5%
Gross margin
46.3%
13th of 17 SIC 3674 peers
Revenue growth (YoY)
22.8%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-2.9%
Revenue CAGR (5Y)
8.5%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
3.3%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.46
9th of 16 SIC 3674 peers (best = lowest)
Current ratio
3.70×
7th of 17 SIC 3674 peers
Quick ratio
1.90×
Net cash
-$125.13M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$124.89M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
9.38
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
5.4%
Stock-based comp intensity.
Piotroski F-Score
F-Score
7 / 9
Fundamental-strength score (0-9).