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Our mission is to innovate, design, and deliver semiconductor-based connectivity solutions that are purpose-built to unleash the full potential of cloud and AI infrastructure. Building on years of experience with a singular focus on addressing connectivity challenges in data-centric systems, we have developed and deployed our leading Intelligent Connectivity Platform built from the gro…
$303.62
$16.12 (-5.04%)
EOD Jul 17, 2026
20.34% operating margin is above average. ROIC at 11.60%.
Revenue up 115.1% YoY with margins expanding 49.6pp.
At 205x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
205.1x earnings, 160.4x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$1.00B
▲ +115.1% YoY
Net Income (TTM)
$268M
▲ +362.7% YoY
Op. Margin
22.36%
▲ +49.6pp YoY
ROIC
16.42%
▲ +30.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$343M
▲ +175.1% YoY
Op. Cash Flow (TTM)
$383M
▲ +133.6% YoY
Net Debt
-$1.14B
Net Cash Position
Cash & Equiv.
$1.18B
3Y CAGR: +120.2%
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At a P/E of 205.1 and a price-to-free-cash-flow of 160.4, ASTERA LABS INC COMMON STOCK (Ticker: 1ALAB) (ALAB) trades above a two-stage DCF intrinsic value of about $101.83 per share, so at $303.62 the stock looks overvalued (66.5% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, ASTERA LABS INC COMMON STOCK (Ticker: 1ALAB) scores 73/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $101.83 per share for ALAB, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $76.37. At today's $303.62, that puts the stock about 66.5% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
ASTERA LABS INC COMMON STOCK (Ticker: 1ALAB) scores 73 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 22.4% operating margin and a 16.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. ALAB currently trades above its estimated intrinsic value and scores 73/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.