ALAB vs. SKHY: Astera Labs vs. SK hynix Stock Comparison
How do Astera Labs (ALAB) and SK hynix (SKHY) 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 SK hynix (SKHY) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Astera Labs (ALAB) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ALAB | SKHY |
|---|---|---|
| Name | Astera Labs, Inc. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 33.33 billion USD | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 20, 2024 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Total Return (1Y) | 31.42% | -- |
| Total Return (3Y, Annualized) | -- | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 101.55% | 101.44% |
| Beta (5Y) | 3.95 | 5.36 |
| Max Drawdown (5Y) | -63.69% | -37.62% |
| Avg. Volume (3M) | 4.15M | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both ALAB and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -- |
| Sortino Ratio (1Y) | 0.39 | -- |
Profitability
ROE (TTM)
Both companies show strong equity returns, but SK hynix (SKHY) at 92.54% is the standout with ROE above its industry range; Astera Labs (ALAB) at 28.21% also sits in the top quartile.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
SK hynix (SKHY) at 70.27% keeps the most of each sales dollar — above its industry’s net margin range — and Astera Labs (ALAB) at 29.64% also retains a top-quartile share.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
SK hynix (SKHY) at 79.66% shows unusually strong operating efficiency — above its industry’s operating margin range — and Astera Labs (ALAB) at 30.61% also operates in the top quartile.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| ROE (TTM) | 28.21% | 92.54% |
| ROA (TTM) | 13.41% | 46.43% |
| Net Margin (TTM) | 29.64% | 70.27% |
| Operating Margin (TTM) | 30.61% | 79.66% |
| Gross Margin (TTM) | 73.89% | 77.38% |
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; SK hynix (SKHY) at 46.76% also sits in the top quartile.
EPS Growth
Only one side can be read here: SK hynix (SKHY) reports EPS growth of 112.46%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.
Growth Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 115.13% | 46.76% |
| Revenue Growth (3Y CAGR) | 120.18% | 29.61% |
| EPS Growth (YoY) | -- | 112.46% |
| EPS Growth (3Y CAGR) | -- | 165.07% |
Financial Strength
Current Ratio (MRQ)
Both Astera Labs (ALAB) at 8.03 and SK hynix (SKHY) at 26.88 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while SK hynix (SKHY) at 0.05 runs a more typical debt-to-equity mix.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 8.03 | 26.88 |
| Debt / Equity (MRQ) | 0.02 | 0.05 |
| Net Debt / EBITDA | -3.23 | -0.46 |
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 SK hynix (SKHY) reports a yield of 2,118.64%, 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Astera Labs (ALAB) nor SK hynix (SKHY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 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.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 looks cheap on sales in the lower P/S ratio quartile, while Astera Labs (ALAB) at 21.42 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
SK hynix (SKHY) at 3.95 sits near its industry’s typical P/B ratio, while Astera Labs (ALAB) at 16.67 prices above its benchmark range — ALAB looks rich relative to book.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ALAB | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 75.38 | 8.12 |
| P/S Ratio (TTM) | 21.42 | 0.00 |
| P/B Ratio (MRQ) | 16.67 | 3.95 |
| Free Cash Flow Yield (TTM) | 0.39% | -- |