ALAB vs. SMCI: Astera Labs vs. Super Micro Computer Stock Comparison
How do Astera Labs (ALAB) and Super Micro Computer (SMCI) 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 Super Micro Computer (SMCI) share the Information Technology sector but sit in different industry groups — ALAB in Semiconductors & Semiconductor Equipment and SMCI in Technology Hardware & Equipment.
Super Micro Computer (SMCI) has been public since March 29, 2007, giving it a longer listed trading history, while Astera Labs (ALAB) listed on March 20, 2024 and still has a shorter public-market record.
| Profile Item | ALAB | SMCI |
|---|---|---|
| Name | Astera Labs, Inc. | Super Micro Computer Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Technology Hardware & Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Semiconductors | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 33.33 billion USD | 18.96 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 20, 2024 | March 29, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Total Return (1Y) | 31.42% | -26.81% |
| Total Return (3Y, Annualized) | -- | 3.18% |
| Total Return (5Y, Annualized) | -- | 45.36% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Volatility (1Y, Annualized) | 101.55% | 93.09% |
| Beta (5Y) | 3.95 | 2.21 |
| Max Drawdown (5Y) | -63.69% | -84.84% |
| Avg. Volume (3M) | 4.15M | 43.55M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -0.33 |
| Sortino Ratio (1Y) | 0.39 | -0.48 |
Profitability
ROE (TTM)
Both Astera Labs (ALAB) at 28.21% and Super Micro Computer (SMCI) at 32.37% 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%
SMCI
Technology Hardware & Equipment industry group
32.37%
- Max
- 42.47%
- SMCI
- 32.37%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Astera Labs (ALAB) at 29.64% retains a top-quartile share of revenue as profit, ahead of Super Micro Computer (SMCI) at 6.77%, which keeps about the industry-typical 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%
SMCI
Technology Hardware & Equipment industry group
6.77%
- Max
- 27.60%
- Q3
- 11.66%
- SMCI
- 6.77%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of Super Micro Computer (SMCI) at 10.35%, which runs around its industry’s norm.
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%
SMCI
Technology Hardware & Equipment industry group
10.35%
- Max
- 36.27%
- Q3
- 18.36%
- SMCI
- 10.35%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| ROE (TTM) | 28.21% | 32.37% |
| ROA (TTM) | 13.41% | 11.61% |
| Net Margin (TTM) | 29.64% | 6.77% |
| Operating Margin (TTM) | 30.61% | 10.35% |
| Gross Margin (TTM) | 73.89% | 11.67% |
Growth
Revenue Growth
Both Astera Labs (ALAB) at 115.13% and Super Micro Computer (SMCI) at 77.79% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Only one side can be read here: Super Micro Computer (SMCI) reports EPS growth of 94.05%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.
Growth Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Revenue Growth (YoY) | 115.13% | 77.79% |
| Revenue Growth (3Y CAGR) | 120.18% | 76.34% |
| EPS Growth (YoY) | -- | 94.05% |
| EPS Growth (3Y CAGR) | -- | 41.82% |
Financial Strength
Current Ratio (MRQ)
Both Astera Labs (ALAB) at 8.03 and Super Micro Computer (SMCI) at 3.02 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
SMCI
Technology Hardware & Equipment industry group
3.02
- Max
- 5.34
- SMCI
- 3.02
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while Super Micro Computer (SMCI) at 0.57 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
SMCI
Technology Hardware & Equipment industry group
0.57
- Max
- 1.76
- Q3
- 0.78
- SMCI
- 0.57
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Current Ratio (MRQ) | 8.03 | 3.02 |
| Debt / Equity (MRQ) | 0.02 | 0.57 |
| Net Debt / EBITDA | -3.23 | 0.50 |
Dividends
Dividend Yield (TTM)
Neither Astera Labs (ALAB) nor Super Micro Computer (SMCI) 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
- 1.37%
- Q3
- 0.65%
- ALAB
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SMCI
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- SMCI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Astera Labs (ALAB) nor Super Micro Computer (SMCI) 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%
SMCI
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- SMCI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Super Micro Computer (SMCI) at 6.07 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
SMCI
Technology Hardware & Equipment industry group
6.07
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- SMCI
- 6.07
- Min
- 6.07
P/S Ratio (TTM)
Super Micro Computer (SMCI) at 0.35 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
SMCI
Technology Hardware & Equipment industry group
0.35
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- SMCI
- 0.35
- Min
- 0.00
P/B Ratio (MRQ)
Super Micro Computer (SMCI) at 1.60 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.
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
SMCI
Technology Hardware & Equipment industry group
1.60
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- SMCI
- 1.60
- Min
- 0.33
Valuation Metrics
| Metric | ALAB | SMCI |
|---|---|---|
| P/E Ratio (TTM) | 75.38 | 6.07 |
| P/S Ratio (TTM) | 21.42 | 0.35 |
| P/B Ratio (MRQ) | 16.67 | 1.60 |
| Free Cash Flow Yield (TTM) | 0.39% | -42.54% |