FormFactor Income Before Tax vs Operating Income Analysis

FORM Stock  USD 41.33  0.55  1.35%   
FormFactor financial indicator trend analysis is much more than just examining FormFactor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FormFactor is a good investment. Please check the relationship between FormFactor Income Before Tax and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FormFactor Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between FormFactor's Income Before Tax and Operating Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of FormFactor, assuming nothing else is changed. The correlation between historical values of FormFactor's Income Before Tax and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of FormFactor are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., FormFactor's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on FormFactor income statement and is an important metric when analyzing FormFactor profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Operating Income

Operating Income is the amount of profit realized from FormFactor operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FormFactor is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from FormFactor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FormFactor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.At this time, FormFactor's Issuance Of Capital Stock is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 121.8 M, while Selling General Administrative is likely to drop about 77.6 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses224.7M241.1M248.8M136.8M
Cost Of Revenue446.9M451.9M404.5M235.8M

FormFactor fundamental ratios Correlations

0.780.970.990.660.970.690.9-0.480.60.210.870.480.40.920.950.760.86-0.570.730.160.760.81-0.060.440.68
0.780.860.730.690.770.650.7-0.560.220.420.840.040.460.690.720.790.82-0.390.320.490.370.560.090.010.39
0.970.860.940.670.960.630.89-0.430.590.220.840.320.440.90.90.720.9-0.630.640.230.690.820.030.40.55
0.990.730.940.640.950.720.86-0.530.610.090.870.580.260.90.950.770.77-0.540.760.10.780.83-0.170.440.76
0.660.690.670.640.530.50.58-0.580.330.230.710.270.270.530.640.710.6-0.270.240.110.30.320.10.010.44
0.970.770.960.950.530.60.89-0.40.590.20.80.390.410.910.940.680.86-0.590.740.170.770.88-0.020.480.58
0.690.650.630.720.50.60.53-0.60.28-0.030.70.460.010.60.660.680.44-0.190.510.350.540.5-0.60.20.84
0.90.70.890.860.580.890.53-0.320.740.330.720.30.510.980.880.580.86-0.680.830.170.850.70.040.580.45
-0.48-0.56-0.43-0.53-0.58-0.4-0.6-0.320.11-0.13-0.82-0.380.18-0.35-0.49-0.91-0.23-0.24-0.18-0.36-0.18-0.30.230.4-0.54
0.60.220.590.610.330.590.280.740.11-0.140.290.320.20.750.540.110.49-0.80.74-0.150.760.48-0.120.820.34
0.210.420.220.090.230.2-0.030.33-0.13-0.140.3-0.430.850.220.160.310.580.02-0.060.5-0.07-0.110.71-0.27-0.29
0.870.840.840.870.710.80.70.72-0.820.290.30.380.230.740.790.970.7-0.270.460.390.490.6-0.04-0.020.62
0.480.040.320.580.270.390.460.3-0.380.32-0.430.38-0.360.390.520.360.05-0.160.59-0.470.580.57-0.540.390.86
0.40.460.440.260.270.410.010.510.180.20.850.23-0.360.40.330.150.79-0.350.160.320.170.120.690.16-0.2
0.920.690.90.90.530.910.60.98-0.350.750.220.740.390.40.880.60.81-0.690.870.170.890.77-0.080.610.55
0.950.720.90.950.640.940.660.88-0.490.540.160.790.520.330.880.70.78-0.50.770.040.80.81-0.140.470.68
0.760.790.720.770.710.680.680.58-0.910.110.310.970.360.150.60.70.58-0.050.330.420.340.49-0.05-0.210.58
0.860.820.90.770.60.860.440.86-0.230.490.580.70.050.790.810.780.58-0.590.510.320.550.610.360.340.29
-0.57-0.39-0.63-0.54-0.27-0.59-0.19-0.68-0.24-0.80.02-0.27-0.16-0.35-0.69-0.5-0.05-0.59-0.570.15-0.61-0.47-0.06-0.75-0.21
0.730.320.640.760.240.740.510.83-0.180.74-0.060.460.590.160.870.770.330.51-0.57-0.10.990.74-0.340.790.62
0.160.490.230.10.110.170.350.17-0.36-0.150.50.39-0.470.320.170.040.420.320.15-0.1-0.09-0.060.11-0.38-0.1
0.760.370.690.780.30.770.540.85-0.180.76-0.070.490.580.170.890.80.340.55-0.610.99-0.090.77-0.340.810.63
0.810.560.820.830.320.880.50.7-0.30.48-0.110.60.570.120.770.810.490.61-0.470.74-0.060.77-0.210.540.63
-0.060.090.03-0.170.1-0.02-0.60.040.23-0.120.71-0.04-0.540.69-0.08-0.14-0.050.36-0.06-0.340.11-0.34-0.21-0.27-0.65
0.440.010.40.440.010.480.20.580.40.82-0.27-0.020.390.160.610.47-0.210.34-0.750.79-0.380.810.54-0.270.35
0.680.390.550.760.440.580.840.45-0.540.34-0.290.620.86-0.20.550.680.580.29-0.210.62-0.10.630.63-0.650.35
Click cells to compare fundamentals

FormFactor Account Relationship Matchups

FormFactor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets839.9M963.2M1.0B1.0B1.1B609.9M
Other Current Liab36.4M48.4M34.8M29.3M24.4M22.2M
Total Current Liabilities136.6M154.6M148.8M149.7M131.1M77.4M
Total Stockholder Equity641.0M744.1M815.8M808.3M908.8M492.6M
Other Liab17.6M11.6M9.5M8.3M9.5M8.4M
Accounts Payable40.9M62.0M57.9M69.3M63.9M32.6M
Cash144.5M187.2M151.0M106.1M177.8M138.0M
Non Current Assets Total420.8M476.1M496.5M533.7M533.0M559.7M
Non Currrent Assets Other1.2M1.2M2.0M4.0M5.1M6.5M
Other Assets73.9M32.3M66.1M74.3M85.4M89.7M
Long Term Debt15.6M25.0M15.4M14.4M13.3M23.0M
Common Stock Shares Outstanding77.3M79.0M79.1M78.2M78.2M57.1M
Short Term Investments76.3M67.8M125.1M132.0M150.5M90.5M
Liabilities And Stockholders Equity839.9M963.2M1.0B1.0B1.1B609.9M
Non Current Liabilities Total62.3M64.6M56.0M50.3M66.9M40.9M
Inventory83.3M99.2M111.5M123.2M111.7M117.3M
Other Current Assets17.0M25.2M20.9M23.2M27.0M17.2M
Other Stockholder Equity885.8M903.8M898.9M844.8M861.4M634.7M
Total Liab198.9M219.1M204.7M199.9M198.0M117.3M
Common Stock75K76K78K77K88.6K84.1K
Property Plant Equipment58.7M104.1M181.8M189.8M218.3M229.2M
Short Long Term Debt Total94.1M69.2M63.3M50.4M48.1M64.0M
Property Plant And Equipment Net90.2M134.9M181.8M221.2M234.9M246.7M
Current Deferred Revenue9.8M21.0M23.2M29.8M16.7M9.3M
Net Debt(50.4M)(118.0M)(87.7M)(55.8M)(129.7M)(136.2M)
Retained Earnings(244.2M)(165.7M)(81.8M)(31.1M)51.3M53.9M
Cash And Short Term Investments220.9M255.0M276.1M238.1M328.3M206.5M
Net Receivables97.9M107.6M115.5M90.0M106.8M65.2M
Common Stock Total Equity74K76K78K77K88.6K81.1K
Property Plant And Equipment Gross90.2M104.1M181.8M221.2M592.9M622.6M
Total Current Assets419.0M487.1M524.0M474.6M573.8M418.7M
Accumulated Other Comprehensive Income(659K)5.9M(1.4M)(5.6M)(4.1M)(3.8M)
Short Term Debt49.4M16.2M24.7M8.4M17.9M20.2M
Intangible Assets57.6M59.1M36.3M26.8M12.9M12.3M
Net Tangible Assets384.2M531.3M567.1M596.8M686.4M367.1M
Good Will199.2M212.8M212.3M211.4M201.1M146.1M
Retained Earnings Total Equity(244.2M)(165.7M)(81.8M)(31.1M)(35.7M)(37.5M)
Capital Surpluse885.8M903.8M898.9M844.8M971.6M885.1M
Deferred Long Term Liab17.6M11.6M9.5M8.3M9.5M8.0M

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When determining whether FormFactor is a strong investment it is important to analyze FormFactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FormFactor's future performance. For an informed investment choice regarding FormFactor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FormFactor. If investors know FormFactor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FormFactor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.259
Earnings Share
1.73
Revenue Per Share
9.585
Quarterly Revenue Growth
0.212
Return On Assets
0.0269
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FormFactor's market value can be influenced by many factors that don't directly affect FormFactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.