FORM vs HLI

Comparison between FormFactor Inc (FORM, Company) and Houlihan Lokey Inc - Class A (HLI, Company).

FORM is from the Technology sector, while HLI is from the Financial Services sector.

5-Year PerformanceFORM has outperformed HLI, delivering a return of +32.7% compared to +13.6%

FORM vs HLI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FORM(COMPANY)	HLI(COMPANY)
Market Cap	$9.03B	$9.05B
Max Drawdown	92.36%	37.23%
Sharpe Ratio	2.17	-0.91
5Y Beta	2.19	0.96
Industry	Semiconductor Equipment & Materials	Capital Markets
P/E Ratio	131.56	21.27
Forward P/E	58.14	14.18
PEG Ratio	5.17	1.08
Dividend Yield	N/A	1.70%
5Y Dividends CAGR	N/A	12.37%
5Y EPS CAGR	-3.78%	19.92%
Debt to Equity	1.13%	0.00%
Free Cash Flow Yield	0.40%	7.54%
P/S Ratio	11.20	3.73
P/B Ratio	8.88	4.16

Market Cap

FORM

$9.03B

Winner

HLI

$9.05B

Max Drawdown

FORM

92.36%

Winner

HLI

37.23%

Sharpe Ratio

Winner

FORM

2.17

HLI

-0.91

5Y Beta

FORM

2.19

Winner

HLI

0.96

Industry

FORM

Semiconductor Equipment & Materials

HLI

Capital Markets

P/E Ratio

FORM

131.56

Winner

HLI

21.27

Forward P/E

FORM

58.14

Winner

HLI

14.18

PEG Ratio

FORM

5.17

Winner

HLI

1.08

Dividend Yield

FORM

N/A

HLI

1.70%

5Y Dividends CAGR

FORM

N/A

HLI

12.37%

5Y EPS CAGR

FORM

-3.78%

Winner

HLI

19.92%

Debt to Equity

FORM

1.13%

Winner

HLI

0.00%

Free Cash Flow Yield

FORM

0.40%

Winner

HLI

7.54%

P/S Ratio

FORM

11.20

Winner

HLI

3.73

P/B Ratio

FORM

8.88

Winner

HLI

4.16

FORM vs HLI - Historical Returns

Returns include dividend reinvestment.

Period	FORM	HLI
1 month	+5.45%	-7.32%
3 months	+57.48%	-0.92%
6 months	+151.10%	-22.50%
1 year	+305.27%	-20.20%
5 years(CAGR)	+32.69%	+13.64%
10 years(CAGR)	+33.52%	+21.51%
Max(CAGR)	+9.41%	+20.75%

Winner

FORM

+5.45%

HLI

-7.32%

Winner

FORM

+57.48%

HLI

-0.92%

Winner

FORM

+151.10%

HLI

-22.50%

Winner

FORM

+305.27%

HLI

-20.20%

5Y(CAGR)

Winner

FORM

+32.69%

HLI

+13.64%

10Y(CAGR)

Winner

FORM

+33.52%

HLI

+21.51%

Max(CAGR)

FORM

+9.41%

Winner

HLI

+20.75%

FORM vs HLI - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FORM	HLI
2026	+135.19%	-21.12%
2025	+26.14%	+2.88%
2024	+9.05%	+48.07%
2023	+90.28%	+39.48%
2022	-52.44%	-14.68%
2021	+7.07%	+57.82%
2020	+62.22%	+39.03%
2019	+84.58%	+34.99%
2018	-14.35%	-17.84%
2017	+37.89%	+46.86%
2016	+30.38%	+26.08%
2015	+8.30%	+17.72%
2014	+43.09%	N/A
2013	+27.60%	N/A
2012	-10.94%	N/A
2011	-42.70%	N/A
2010	-59.49%	N/A
2009	+45.81%	N/A
2008	-55.97%	N/A
2007	-13.31%	N/A
2006	+50.44%	N/A
2005	-8.67%	N/A
2004	+41.28%	N/A
2003	+12.63%	N/A

FORM vs HLI Drawdown Comparison

The maximum drawdown for FORM was -92.36%, occurring on Nov 16, 2012. Recovery took 3618 trading sessions.

The maximum drawdown for HLI was -36.56%, occurring on Jul 14, 2022. Recovery took 475 trading sessions.

The current FORM drawdown is -10.23%. The current HLI drawdown is -33.28%.

Rank	FORM	HLI
#1	-92.36% Aug 30, 2006 - Jan 14, 2021	-36.56% Jan 12, 2022 - Dec 4, 2023
#2	-64.42% Apr 5, 2021 - May 2, 2024	-34.38% Sep 23, 2025 - Jun 11, 2026
#3	-62.75% Jul 3, 2024 - Jan 5, 2026	-33.48% Jul 23, 2018 - Jan 16, 2020
#4	-40.92% Nov 12, 2003 - Dec 2, 2004	-25.19% Nov 25, 2024 - Jul 9, 2025
#5	-29.61% Jun 16, 2005 - Jan 19, 2006	-20.34% Feb 19, 2020 - Apr 3, 2020
#6	-27.60% Dec 3, 2004 - Jun 16, 2005	-17.84% Dec 31, 2015 - Aug 15, 2016
#7	-25.80% Apr 24, 2026 - Jun 1, 2026	-16.62% May 18, 2020 - Oct 12, 2020
#8	-24.74% Jul 3, 2006 - Aug 30, 2006	-16.05% Nov 11, 2021 - Jan 12, 2022
#9	-19.98% Oct 16, 2003 - Nov 12, 2003	-15.11% Jan 24, 2018 - Jun 18, 2018
#10	-19.89% Feb 16, 2021 - Apr 5, 2021	-12.02% Jan 13, 2021 - May 13, 2021
#11	-19.67% Feb 25, 2026 - Mar 25, 2026	-9.69% Jul 26, 2017 - Sep 27, 2017
#12	-18.92% Apr 20, 2006 - Jun 30, 2006	-9.34% Feb 3, 2017 - Mar 10, 2017
#13	-18.03% Jan 19, 2021 - Feb 12, 2021	-8.92% Aug 15, 2016 - Nov 16, 2016
#14	-15.54% Jan 21, 2026 - Feb 5, 2026	-8.12% Oct 7, 2015 - Nov 24, 2015
#15	-15.42% Mar 25, 2026 - Apr 8, 2026	-8.00% Aug 14, 2015 - Oct 7, 2015