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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.

Company profile comparison for Astera Labs (ALAB) and SK hynix (SKHY)
Profile ItemALABSKHY
NameAstera Labs, Inc.SK hynix Inc.
Country/RegionUnited StatesSouth Korea
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization33.33 billion USD897.97 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 20, 2024July 10, 2026
Security TypeCommon StockADR

Price Performance

Cumulative Growth

ALAB
SKHY
GSPC
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Astera Labs (ALAB) vs. SK hynix (SKHY), 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 SK hynix (SKHY). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
Total Return (1Y)31.42%--
Total Return (3Y, Annualized)----
Total Return (5Y, Annualized)----

Risk Profile

Drawdown History

ALAB
SKHY
GSPC
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Astera Labs (ALAB) vs. SK hynix (SKHY), 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 SK hynix (SKHY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
Volatility (1Y, Annualized)101.55%101.44%
Beta (5Y)3.955.36
Max Drawdown (5Y)-63.69%-37.62%
Avg. Volume (3M)4.15M20.78M

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

Risk-adjusted metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
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%
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
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.

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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their Revenue Growth across different time periods.

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.

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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
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
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
Current Ratio (MRQ)8.0326.88
Debt / Equity (MRQ)0.020.05
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%
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
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
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Astera Labs (ALAB) vs. SK hynix (SKHY): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and SK hynix (SKHY)
MetricALABSKHY
P/E Ratio (TTM)75.388.12
P/S Ratio (TTM)21.420.00
P/B Ratio (MRQ)16.673.95
Free Cash Flow Yield (TTM)0.39%--