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ALAB vs. APH: Astera Labs vs. Amphenol Stock Comparison

How do Astera Labs (ALAB) and Amphenol (APH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Astera Labs (ALAB) and Amphenol (APH) share the Information Technology sector but sit in different industry groups — ALAB in Semiconductors & Semiconductor Equipment and APH in Technology Hardware & Equipment.

Amphenol (APH) carries decades of public-market history since November 8, 1991, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the APH side.

Company profile comparison for Astera Labs (ALAB) and Amphenol (APH)
Profile ItemALABAPH
NameAstera Labs, Inc.Amphenol Corp. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentTechnology Hardware & Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentElectronic Equipment, Instruments & Components
GICS Sub-IndustrySemiconductorsElectronic Components
Market Capitalization33.33 billion USD184.18 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 20, 2024November 8, 1991
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALAB
APH
GSPC
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Astera Labs (ALAB) vs. Amphenol (APH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Astera Labs (ALAB) and Amphenol (APH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Astera Labs (ALAB) and Amphenol (APH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Total Return (1Y)31.42%15.56%
Total Return (3Y, Annualized)--56.62%
Total Return (5Y, Annualized)--32.33%

Risk Profile

Drawdown History

ALAB
APH
GSPC
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Astera Labs (ALAB) vs. Amphenol (APH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Astera Labs (ALAB) and Amphenol (APH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Astera Labs (ALAB) carries a highly aggressive beta of 3.95, indicating much higher sensitivity to broad-market moves, whereas Amphenol (APH) is closer to market-like at 1.27 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Volatility (1Y, Annualized)101.55%48.51%
Beta (5Y)3.951.27
Max Drawdown (5Y)-63.69%-28.73%
Avg. Volume (3M)4.15M12.40M

Risk-Adjusted Performance

Risk-Return Positioning

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ALAB and APH are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Sharpe Ratio (1Y)0.270.23
Sortino Ratio (1Y)0.390.32

Profitability

ROE (TTM)

Both Astera Labs (ALAB) at 28.21% and Amphenol (APH) at 40.08% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

28.21%

Max
52.82%
ALAB
28.21%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%

APH

Technology Hardware & Equipment industry group

40.08%

Max
42.47%
APH
40.08%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

For every dollar of sales, both Astera Labs (ALAB) at 29.64% and Amphenol (APH) at 17.95% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ALAB

Semiconductors & Semiconductor Equipment industry group

29.64%

Max
63.80%
ALAB
29.64%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%

APH

Technology Hardware & Equipment industry group

17.95%

Max
27.60%
APH
17.95%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Both Astera Labs (ALAB) at 30.61% and Amphenol (APH) at 29.68% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

ALAB

Semiconductors & Semiconductor Equipment industry group

30.61%

Max
58.66%
ALAB
30.61%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%

APH

Technology Hardware & Equipment industry group

29.68%

Max
36.27%
APH
29.68%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
ROE (TTM)28.21%40.08%
ROA (TTM)13.41%16.00%
Net Margin (TTM)29.64%17.95%
Operating Margin (TTM)30.61%29.68%
Gross Margin (TTM)73.89%39.21%

Growth

Revenue Growth

Both companies are growing quickly, but Astera Labs (ALAB) at 115.13% is the standout with revenue growth above its industry range; Amphenol (APH) at 51.71% also sits in the top quartile.

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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Amphenol (APH) reports EPS growth of 73.96%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Revenue Growth (YoY)115.13%51.71%
Revenue Growth (3Y CAGR)120.18%22.31%
EPS Growth (YoY)--73.96%
EPS Growth (3Y CAGR)--29.72%

Financial Strength

Current Ratio (MRQ)

Amphenol (APH) at 1.94 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

8.03

Max
10.33
ALAB
8.03
Q3
5.62
Median
3.33
Q1
2.35
Min
1.03

APH

Technology Hardware & Equipment industry group

1.94

Max
5.34
Q3
3.02
Median
1.95
APH
1.94
Q1
1.32
Min
0.17
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Astera Labs (ALAB) at 0.02 keeps leverage in the lower quartile, while Amphenol (APH) at 1.03 sits in the higher-leverage quartile.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.02

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
ALAB
0.02
Min
0.00

APH

Technology Hardware & Equipment industry group

1.03

Max
1.76
APH
1.03
Q3
0.78
Median
0.24
Q1
0.04
Min
0.01
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Current Ratio (MRQ)8.031.94
Debt / Equity (MRQ)0.021.03
Net Debt / EBITDA-3.231.15

Dividends

Dividend Yield (TTM)

Astera Labs (ALAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Amphenol (APH) reports a yield of 0.70%, ranking against industry peers normally.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
ALAB
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

APH

Technology Hardware & Equipment industry group

0.70%

Max
0.73%
APH
0.70%
Q3
0.31%
Median
0.00%
Q1
0.00%
Min
0.00%
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Amphenol (APH) reports a payout of 21.74%, ranking against industry peers normally.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
49.64%
Q3
21.71%
ALAB
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

APH

Technology Hardware & Equipment industry group

21.74%

Max
32.27%
APH
21.74%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
Dividend Yield (TTM)0.00%0.70%
Dividend Payout Ratio (TTM)0.00%21.74%

Valuation

P/E Ratio (TTM)

Amphenol (APH) at 32.43 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.38

Max
110.34
ALAB
75.38
Q3
66.81
Median
37.02
Q1
23.96
Min
8.12

APH

Technology Hardware & Equipment industry group

32.43

Max
69.48
Q3
41.02
APH
32.43
Median
26.39
Q1
19.36
Min
6.07
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Amphenol (APH) at 5.57 is priced about in line with its industry on P/S ratio, while Astera Labs (ALAB) at 21.42 sits in the pricier quartile — ALAB costs more per dollar of sales.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.42

ALAB
21.42
Max
21.42
Q3
12.27
Median
5.76
Q1
2.73
Min
0.00

APH

Technology Hardware & Equipment industry group

5.57

Max
11.30
Q3
5.82
APH
5.57
Median
2.56
Q1
1.05
Min
0.00
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: Amphenol (APH) at 10.75 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 16.67 prices even higher, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

16.67

ALAB
16.67
Max
14.06
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20

APH

Technology Hardware & Equipment industry group

10.75

APH
10.75
Max
10.75
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Astera Labs (ALAB) vs. Amphenol (APH): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and Amphenol (APH)
MetricALABAPH
P/E Ratio (TTM)75.3832.43
P/S Ratio (TTM)21.425.57
P/B Ratio (MRQ)16.6710.75
Free Cash Flow Yield (TTM)0.39%2.33%