ALAB vs. FSLR: Astera Labs vs. First Solar Stock Comparison

Company Profile

Astera Labs (ALAB) and First Solar (FSLR) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

First Solar (FSLR) has been public since November 17, 2006, giving it a longer listed trading history, while Astera Labs (ALAB) listed on March 20, 2024 and still has a shorter public-market record.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while First Solar (FSLR) at 18.71% is closer to the peer norm — stronger capital efficiency for ALAB.

For every dollar of sales, both Astera Labs (ALAB) at 29.64% and First Solar (FSLR) at 37.12% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

Both Astera Labs (ALAB) at 30.61% and First Solar (FSLR) at 44.37% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than First Solar (FSLR) at 24.09%, which is closer to a typical peer reading.

Only one side can be read here: First Solar (FSLR) reports EPS growth of 18.22%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Growth Metrics

Financial Strength

First Solar (FSLR) at 2.57 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.

Both Astera Labs (ALAB) at 0.02 and First Solar (FSLR) at 0.03 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

Neither Astera Labs (ALAB) nor First Solar (FSLR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither Astera Labs (ALAB) nor First Solar (FSLR) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

First Solar (FSLR) at 11.63 sits in the cheaper P/E ratio quartile, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

First Solar (FSLR) at 4.31 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.

First Solar (FSLR) at 1.99 sits in the lower P/B ratio quartile relative to book while Astera Labs (ALAB) at 16.67 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics