Allegro MicroSystems, Inc. (ALGM) Key Metrics
ALGM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $5.89B
- Enterprise value
- $6.69B
- P/E (TTM)
- 527.0 10-yr median 47.6
- Forward P/E
- 35.8
- PEG ratio
- —
- Price / sales
- 6.2 10-yr median 6.8
- Price / book
- 6.8 10-yr median 6.8
- EV / EBITDA
- 66.3 10-yr median 51.6
- Dividend yield
- —
- Beta
- 1.99
ALGM key metrics, FY2019–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsALGM valuation Price multiples at each fiscal year-end price.
ALGM returns How much profit the business earns on the capital it uses.
ALGM per-share figures Results divided by the shares outstanding at year-end.
ALGM financial health Debt, liquidity and how easily interest is covered.
ALGM efficiency & capital use Working capital cycle and where the cash goes.
ALGM valuation history
ALGM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ALGM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ALGM cash returned to shareholders
ALGM price vs earnings per share
ALGM key metrics
FY2019–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $5.84B | $4.72B | $5.25B | $9.30B | $5.45B | $4.81B | — | — |
| Enterprise value | $5.96B | $4.96B | $5.31B | $8.99B | $5.21B | $4.63B | — | — |
| P/E ratio | — | — | 34.4 | 49.6 | 45.6 | 267.7 | — | — |
| Price / sales | 6.6 | 6.5 | 5.0 | 9.5 | 7.1 | 8.1 | — | — |
| Price / book | 6.1 | 5.1 | 4.6 | 9.6 | 7.4 | 8.2 | — | — |
| Price / free cash flow | 46.8 | 214.8 | 92.2 | 81.9 | 63.2 | 60.2 | — | — |
| Price / operating cash flow | 35.8 | 76.2 | 28.9 | 48.1 | 34.9 | 39.9 | — | — |
| EV / sales | 6.7 | 6.8 | 5.1 | 9.2 | 6.8 | 7.8 | — | — |
| EV / EBITDA | 69.3 | 541.2 | 19.2 | 34.0 | 27.1 | 91.4 | — | — |
| EV / free cash flow | 47.7 | 226.1 | 93.3 | 79.2 | 60.4 | 58.0 | — | — |
| Earnings yield | −0.3% | −1.5% | 2.9% | 2.0% | 2.2% | 0.4% | — | — |
| Free cash flow yield | 2.1% | 0.5% | 1.1% | 1.2% | 1.6% | 1.7% | — | — |
| Dividend yield | — | — | — | 0.0% | 0.0% | 8.3% | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 18.1% | 0.0% | 0.2% | 0.0% | 8.3% | — | — |
| Share price at fiscal year-end | $31.53 | $25.13 | $26.96 | $47.99 | $28.40 | $25.35 | — | — |
| Per share | ||||||||
| Revenue per share | $4.80 | $3.86 | $5.39 | $5.03 | $4.01 | $3.12 | $3.43 | $3.86 |
| Earnings per share | −$0.08 | −$0.39 | $0.78 | $0.97 | $0.62 | $0.09 | $0.20 | $0.45 |
| Operating cash flow per share | $0.88 | $0.33 | $0.93 | $1.00 | $0.81 | $0.64 | $0.43 | $0.64 |
| Free cash flow per share | $0.67 | $0.12 | $0.29 | $0.59 | $0.45 | $0.42 | $0.19 | $0.12 |
| Cash per share | $0.91 | $0.65 | $1.09 | $1.82 | $1.47 | $1.04 | $1.13 | $0.53 |
| Book value per share | $5.16 | $4.95 | $5.81 | $4.99 | $3.83 | $3.09 | $3.34 | $3.14 |
| Tangible book value per share | $2.78 | $2.48 | $3.35 | $4.57 | $3.54 | $2.79 | $3.23 | $3.04 |
| Dividends per share | — | — | — | $0.00 | $0.00 | $2.11 | $2.11 | $2.13 |
| Capex per share | $0.21 | $0.21 | $0.64 | $0.41 | $0.36 | $0.21 | $0.24 | $0.52 |
| Debt per share | $1.55 | $1.96 | $1.41 | $0.22 | $0.22 | $0.13 | $0.45 | $0.23 |
| Shares outstanding | 185.3M | 187.7M | 194.7M | 193.7M | 191.8M | 189.6M | 189.4M | 187.7M |
| Change in shares outstanding | −1.3% | −3.6% | +0.5% | +1.0% | +1.2% | +0.1% | +0.9% | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | −1.6% | −7.1% | 14.6% | 22.0% | 18.1% | 2.9% | 6.1% | 14.4% |
| Return on invested capital (ROIC) | 3.0% | −1.3% | 16.6% | 31.4% | 25.6% | 2.1% | 7.1% | 16.0% |
| Return on assets (ROA) | −1.1% | −4.9% | 11.3% | 18.1% | 14.6% | 2.3% | 4.7% | 11.3% |
| Return on tangible assets | −1.5% | −7.6% | 14.5% | 17.0% | 14.3% | 2.6% | 4.6% | 11.6% |
| Free cash flow margin | 14.0% | 3.0% | 5.4% | 11.7% | 11.2% | 13.5% | 5.5% | 3.1% |
| Income quality (OCF / net income) | — | — | 1.19 | 1.03 | 1.31 | 6.72 | 2.20 | 1.43 |
| Financial health | ||||||||
| Total debt | $287.3M | $368.5M | $275.2M | $42.5M | $41.5M | $25.0M | $85.7M | $42.7M |
| Cash & short-term investments | $168.8M | $121.3M | $212.1M | $351.6M | $282.4M | $197.2M | $214.5M | $99.7M |
| Net debt | $118.5M | $247.2M | $63.1M | −$309.0M | −$240.9M | −$172.2M | −$128.8M | −$57.0M |
| Debt / equity | 0.30 | 0.40 | 0.24 | 0.04 | 0.06 | 0.04 | 0.14 | 0.07 |
| Debt / assets | 0.20 | 0.26 | 0.18 | 0.04 | 0.05 | 0.03 | 0.10 | 0.06 |
| Net debt / EBITDA | 1.38 | 26.95 | 0.23 | −1.17 | −1.26 | −3.40 | −1.10 | −0.36 |
| Current ratio | 3.45 | 4.30 | 4.85 | 4.03 | 4.91 | 3.69 | 2.99 | 3.53 |
| Quick ratio | 2.21 | 2.66 | 3.48 | 3.11 | 4.08 | 2.94 | 2.14 | 2.27 |
| Interest coverage | 1.3 | -0.7 | 18.2 | 87.0 | 54.7 | 3.2 | 480.3 | 82.6 |
| Working capital | $357.7M | $370.8M | $454.3M | $500.5M | $407.5M | $313.9M | $298.1M | $263.2M |
| Invested capital | $1.07B | $1.18B | $1.19B | $656.6M | $493.3M | $413.5M | $504.4M | $531.9M |
| Tangible asset value | $514.5M | $466.5M | $652.4M | $886.7M | $679.4M | $530.4M | $612.9M | $570.7M |
| Net current asset value | $43.9M | −$6.8M | $173.3M | $451.5M | $354.4M | $269.8M | $264.5M | $204.6M |
| Graham number | — | — | $10.13 | $10.42 | $7.32 | $2.57 | $3.83 | $5.64 |
| Graham net-net per share | −$0.61 | −$1.13 | −$0.06 | $1.60 | $1.35 | $0.80 | $0.86 | $0.48 |
| Capital allocation | ||||||||
| Dividends paid | — | — | — | $42,000 | $0 | $400.0M | $400.0M | $400.0M |
| Share buybacks (net) | $1.7M | $853.9M | $0 | $18.1M | $638,000 | $0 | — | — |
| Dividend payout ratio | — | — | — | 0.0% | 0.0% | — | — | 472.1% |
| Dividends + buybacks / free cash flow | 1.4% | — | 0.0% | 16.0% | 0.7% | 500.6% | — | — |
| Capex / revenue | 4.3% | 5.5% | 11.9% | 8.2% | 9.1% | 6.9% | 7.0% | 13.6% |
| Capex / operating cash flow | 23.4% | 64.5% | 68.7% | 41.3% | 44.8% | 33.7% | 56.0% | 81.2% |
| Capex / depreciation | 0.56 | 0.62 | 1.75 | 1.57 | 1.44 | 0.84 | 0.71 | 1.64 |
| Stock-based compensation / revenue | 5.4% | 5.8% | 4.0% | 6.3% | 4.4% | 8.4% | 0.2% | 0.2% |
| R&D / revenue | 22.3% | 24.8% | 16.8% | 15.5% | 15.9% | 18.4% | 15.7% | 14.9% |
| SG&A / revenue | 20.3% | 22.3% | 18.0% | 20.0% | 19.6% | 26.0% | 16.4% | 15.6% |
| Efficiency | ||||||||
| Days sales outstanding | 41.4 | 53.4 | 44.5 | 47.1 | 51.2 | 57.7 | 58.4 | 58.4 |
| Days of inventory on hand | 139.8 | 156.6 | 120.5 | 101.4 | 87.7 | 125.5 | 121.2 | 118.1 |
| Days payables outstanding | 31.8 | 34.5 | 36.1 | 36.7 | 33.0 | 35.4 | 25.5 | 26.3 |
| Cash conversion cycle (days) | 149.4 | 175.5 | 128.9 | 111.7 | 106.0 | 147.7 | 154.0 | 150.3 |
| Receivables turnover | 8.81 | 6.83 | 8.21 | 7.75 | 7.13 | 6.32 | 6.25 | 6.25 |
| Payables turnover | 11.48 | 10.57 | 10.12 | 9.93 | 11.08 | 10.30 | 14.30 | 13.89 |
| Inventory turnover | 2.61 | 2.33 | 3.03 | 3.60 | 4.16 | 2.91 | 3.01 | 3.09 |
| Asset turnover | 0.63 | 0.49 | 0.77 | 0.94 | 0.94 | 0.76 | 0.83 | 0.96 |
| Average receivables | $101.1M | $106.2M | $127.8M | $125.6M | $107.8M | $93.5M | $104.0M | $115.9M |
| Average payables | $41.6M | $38.2M | $46.9M | $43.0M | $32.6M | $30.3M | $27.2M | $29.1M |
| Average inventory | $182.8M | $173.1M | $156.8M | $118.7M | $86.8M | $107.4M | $129.1M | $130.9M |
| Intangibles / total assets | 31.2% | 32.7% | 31.3% | 6.8% | 6.3% | 7.6% | 2.6% | 2.5% |
Computed from ALGM's annual financial statements (latest annual report filed May 21, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ALGM valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 527.0 and the forward P/E is 35.8. Allegro MicroSystems earned a return on equity of −1.6% and a return on invested capital of 3.0% in fiscal 2026. It ended the year with $287.3 million of debt and $168.8 million in cash and short-term investments, net debt of $118.5 million. It returned $1.7 million to shareholders: $0 in dividends and $1.7 million in share buybacks, 1% of free cash flow.
See the ALGM income statement, the ALGM chart for price history, or the ALGM stock overview for the latest quote and news.
ALGM key metrics FAQ
What is Allegro MicroSystems's P/E ratio?
Allegro MicroSystems's trailing P/E ratio is 527.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 35.8. At the end of fiscal 2026 it was —, compared with a 8-year median of 47.6.
What is Allegro MicroSystems's EV/EBITDA?
Allegro MicroSystems's enterprise value was 69.3 times EBITDA at the end of fiscal 2026 (enterprise value $6.0 billion, EBITDA $86.1 million); the current EV/EBITDA is 66.3.
What is Allegro MicroSystems's return on equity?
Allegro MicroSystems's return on equity (ROE) was −1.6% in fiscal 2026: net income of -$14.9 million on average shareholders' equity of $943.0 million.
What is Allegro MicroSystems's ROIC?
Allegro MicroSystems's return on invested capital was 3.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Allegro MicroSystems have?
Allegro MicroSystems had total debt of $287.3 million at the end of fiscal 2026, a debt-to-equity ratio of 0.30 and $118.5 million of net debt (1.38 times EBITDA).
Does Allegro MicroSystems buy back its shares?
Yes. Allegro MicroSystems spent $1.7 million on net share repurchases in fiscal 2026 Shares outstanding changed −1.3% over the year, to 185.3M..
What is Allegro MicroSystems's free cash flow yield?
Allegro MicroSystems generated $124.9 million of free cash flow in fiscal 2026, a free cash flow yield of 2.1% on its market value at year-end ($5.8 billion).
What is Allegro MicroSystems's current ratio?
Allegro MicroSystems's current ratio was 3.45 at the end of fiscal 2026: current assets were 3.45 times current liabilities.