Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, chip-testing equipment maker FormFactor (Nasdaq: FORM) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at FormFactor's business and see what CAPS investors are saying about the stock right now.

FormFactor facts

Headquarters (founded) Livermore, Calif. (1993)
Market Cap $528.3 million
Industry Semiconductor equipment
Trailing-12-Month Revenue $189.3 million
Management

CEO Thomas St. Dennis (since 2010)

CFO Richard DeLateur (since 2010)

Return on Equity (average, past 3 years) (25.4%)
Cash/Debt $333.2 million / $0
Competitors

Advantest (NYSE: ATE)

Cascade Microtech (Nasdaq: CSCD)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 98% of the 1,561 members who have rated FormFactor believe the stock will outperform the S&P 500 going forward. These bulls include fellow Fool Anders Bylund (TMFZahrim), who is ranked in the top 2% of our community, and markofzorro.

Late last month, Anders tapped FormFactor as an upturning opportunity: "I liked the early gumption [CEO] St. Dennis showed two quarters ago, I like the improvements he's making to the company, and I totally get why FormFactor is a five-star CAPS stock today. This turnaround story is happening."

Currently, FormFactor even sports a cheapish price-to-book of 1.3. That represents a discount to other semiconductor service stocks such as Advantest (2.0), Cascade (1.4), and Kulicke & Soffa (Nasdaq: KLIC) (2.6).

CAPS member markofzorro expands on FormFactor as a stock priced for imperfection:

The turn around team seems headed in the right direction. Its a solid product and demand should grow much faster than that for chips.

Plenty of risks: that the turnaround fails, that companies postpone new computer purchases, that PCs and personal hardware demand suddenly falls and stays down.

That said, the stock is cheap now.

What do you think about FormFactor, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Motley Fool Options has recommended a bull call spread position on FormFactor, which is a Motley Fool Hidden Gems choice, and the Fool owns shares of it. Try any of our Foolish newsletter services free for 30 days.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.