ALAB vs. KEYS: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ALAB and KEYS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
KEYS’s market capitalization of 28.75 billion USD is significantly greater than ALAB’s 14.97 billion USD, highlighting its more substantial market valuation.
With betas of 1.40 for ALAB and 1.10 for KEYS, both stocks show similar sensitivity to overall market movements.
| Symbol | ALAB | KEYS |
|---|---|---|
| Company Name | Astera Labs, Inc. Common Stock | Keysight Technologies, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Semiconductors | Hardware, Equipment & Parts |
| CEO | Jitendra Mohan | Satish C. Dhanasekaran |
| Price | 90.8 USD | 167.05 USD |
| Market Cap | 14.97 billion USD | 28.75 billion USD |
| Beta | 1.40 | 1.10 |
| Exchange | NASDAQ | NYSE |
| IPO Date | March 20, 2024 | October 20, 2014 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ALAB and KEYS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ALAB
4.43%
Semiconductors Industry
- Max
- 41.84%
- Q3
- 15.81%
- Median
- 6.31%
- Q1
- -5.54%
- Min
- -30.12%
ALAB’s Return on Equity of 4.43% is on par with the norm for the Semiconductors industry, indicating its profitability relative to shareholder equity is typical for the sector.
KEYS
14.13%
Hardware, Equipment & Parts Industry
- Max
- 38.64%
- Q3
- 17.03%
- Median
- 8.95%
- Q1
- 1.23%
- Min
- -14.34%
KEYS’s Return on Equity of 14.13% is on par with the norm for the Hardware, Equipment & Parts industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
ALAB
-4.25%
Semiconductors Industry
- Max
- 30.91%
- Q3
- 11.34%
- Median
- 4.08%
- Q1
- -2.17%
- Min
- -19.59%
ALAB has a negative Return on Invested Capital of -4.25%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.
KEYS
7.22%
Hardware, Equipment & Parts Industry
- Max
- 17.24%
- Q3
- 9.87%
- Median
- 6.54%
- Q1
- 1.56%
- Min
- -7.50%
KEYS’s Return on Invested Capital of 7.22% is in line with the norm for the Hardware, Equipment & Parts industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
ALAB
8.44%
Semiconductors Industry
- Max
- 51.69%
- Q3
- 19.67%
- Median
- 8.56%
- Q1
- -5.44%
- Min
- -38.60%
ALAB’s Net Profit Margin of 8.44% is aligned with the median group of its peers in the Semiconductors industry. This indicates its ability to convert revenue into profit is typical for the sector.
KEYS
14.53%
Hardware, Equipment & Parts Industry
- Max
- 22.76%
- Q3
- 11.04%
- Median
- 3.80%
- Q1
- 1.13%
- Min
- -8.57%
A Net Profit Margin of 14.53% places KEYS in the upper quartile for the Hardware, Equipment & Parts industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ALAB
-4.45%
Semiconductors Industry
- Max
- 58.03%
- Q3
- 22.12%
- Median
- 8.40%
- Q1
- -3.73%
- Min
- -36.14%
ALAB has a negative Operating Profit Margin of -4.45%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
KEYS
16.84%
Hardware, Equipment & Parts Industry
- Max
- 25.25%
- Q3
- 13.73%
- Median
- 8.22%
- Q1
- 4.35%
- Min
- -0.79%
An Operating Profit Margin of 16.84% places KEYS in the upper quartile for the Hardware, Equipment & Parts industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | ALAB | KEYS |
|---|---|---|
| Return on Equity (TTM) | 4.43% | 14.13% |
| Return on Assets (TTM) | 3.69% | 7.04% |
| Return on Invested Capital (TTM) | -4.25% | 7.22% |
| Net Profit Margin (TTM) | 8.44% | 14.53% |
| Operating Profit Margin (TTM) | -4.45% | 16.84% |
| Gross Profit Margin (TTM) | 75.76% | 62.47% |
Financial Strength
Current Ratio
ALAB
13.92
Semiconductors Industry
- Max
- 9.10
- Q3
- 5.23
- Median
- 3.09
- Q1
- 2.49
- Min
- 1.02
ALAB’s Current Ratio of 13.92 is exceptionally high, placing it well outside the typical range for the Semiconductors industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
KEYS
3.39
Hardware, Equipment & Parts Industry
- Max
- 4.10
- Q3
- 3.23
- Median
- 2.37
- Q1
- 1.81
- Min
- 0.58
KEYS’s Current Ratio of 3.39 is in the upper quartile for the Hardware, Equipment & Parts industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio
ALAB
--
Semiconductors Industry
- Max
- 0.97
- Q3
- 0.46
- Median
- 0.21
- Q1
- 0.05
- Min
- 0.00
Debt-to-Equity Ratio data for ALAB is currently unavailable.
KEYS
0.50
Hardware, Equipment & Parts Industry
- Max
- 1.19
- Q3
- 0.56
- Median
- 0.33
- Q1
- 0.11
- Min
- 0.00
KEYS’s Debt-to-Equity Ratio of 0.50 is typical for the Hardware, Equipment & Parts industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ALAB
--
Semiconductors Industry
- Max
- 36.25
- Q3
- 29.12
- Median
- 7.01
- Q1
- -1.22
- Min
- -18.18
Interest Coverage Ratio data for ALAB is currently unavailable.
KEYS
10.24
Hardware, Equipment & Parts Industry
- Max
- 28.37
- Q3
- 14.25
- Median
- 9.35
- Q1
- 2.86
- Min
- -13.16
KEYS’s Interest Coverage Ratio of 10.24 is positioned comfortably within the norm for the Hardware, Equipment & Parts industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | ALAB | KEYS |
|---|---|---|
| Current Ratio (TTM) | 13.92 | 3.39 |
| Quick Ratio (TTM) | 13.26 | 2.75 |
| Debt-to-Equity Ratio (TTM) | -- | 0.50 |
| Debt-to-Asset Ratio (TTM) | -- | 0.26 |
| Net Debt-to-EBITDA Ratio (TTM) | 4.76 | -0.27 |
| Interest Coverage Ratio (TTM) | -- | 10.24 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ALAB and KEYS. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ALAB
0.00%
Semiconductors Industry
- Max
- 6.48%
- Q3
- 0.93%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ALAB currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
KEYS
0.00%
Hardware, Equipment & Parts Industry
- Max
- 2.16%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KEYS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ALAB
0.00%
Semiconductors Industry
- Max
- 204.29%
- Q3
- 31.85%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ALAB has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
KEYS
0.00%
Hardware, Equipment & Parts Industry
- Max
- 71.55%
- Q3
- 25.37%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
KEYS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ALAB | KEYS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
ALAB
357.98
Semiconductors Industry
- Max
- 86.15
- Q3
- 47.38
- Median
- 27.87
- Q1
- 18.89
- Min
- 4.73
At 357.98, ALAB’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Semiconductors industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
KEYS
38.72
Hardware, Equipment & Parts Industry
- Max
- 86.58
- Q3
- 53.54
- Median
- 36.07
- Q1
- 25.99
- Min
- 12.16
KEYS’s P/E Ratio of 38.72 is within the middle range for the Hardware, Equipment & Parts industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
ALAB
10.80
Semiconductors Industry
- Max
- 4.73
- Q3
- 2.80
- Median
- 1.11
- Q1
- 0.68
- Min
- 0.01
The Forward PEG Ratio is often not a primary valuation metric in the Semiconductors industry.
KEYS
3.05
Hardware, Equipment & Parts Industry
- Max
- 5.22
- Q3
- 3.27
- Median
- 2.16
- Q1
- 1.77
- Min
- 0.00
The Forward PEG Ratio is often not a primary valuation metric in the Hardware, Equipment & Parts industry.
Price-to-Sales Ratio
ALAB
30.53
Semiconductors Industry
- Max
- 21.96
- Q3
- 10.21
- Median
- 4.45
- Q1
- 2.32
- Min
- 0.48
With a P/S Ratio of 30.53, ALAB trades at a valuation that eclipses even the highest in the Semiconductors industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
KEYS
5.63
Hardware, Equipment & Parts Industry
- Max
- 8.50
- Q3
- 4.95
- Median
- 2.45
- Q1
- 1.17
- Min
- 0.32
KEYS’s P/S Ratio of 5.63 is in the upper echelon for the Hardware, Equipment & Parts industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
ALAB
14.23
Semiconductors Industry
- Max
- 13.12
- Q3
- 6.49
- Median
- 3.31
- Q1
- 1.74
- Min
- 0.23
At 14.23, ALAB’s P/B Ratio is at an extreme premium to the Semiconductors industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
KEYS
5.25
Hardware, Equipment & Parts Industry
- Max
- 7.53
- Q3
- 4.63
- Median
- 3.34
- Q1
- 2.35
- Min
- 0.48
KEYS’s P/B Ratio of 5.25 is in the upper tier for the Hardware, Equipment & Parts industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | ALAB | KEYS |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 357.98 | 38.72 |
| Forward PEG Ratio (TTM) | 10.80 | 3.05 |
| Price-to-Sales Ratio (P/S, TTM) | 30.53 | 5.63 |
| Price-to-Book Ratio (P/B, TTM) | 14.23 | 5.25 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 138.44 | 21.36 |
| EV-to-EBITDA (TTM) | -820.32 | 21.35 |
| EV-to-Sales (TTM) | 30.35 | 5.56 |