In this paper we provide some factorization theorems of the Poincaré series of a plane curve singularity depending on some key values of the semigroup of values of . These results yield an iterative computation of in purely algebraic terms from the dual resolution graph of . On the other hand, Campillo, Delgado and Gusein-Zade showed in 2003 the equality between and the Alexander polynomial of the corresponding link . Our procedure supplies a new proof of this coincidence. More concretely, we show that our algebraic construction can be translated to the iterated toric structure of the link . Additionally we show that the semigroup algebra can be defined from the fundamental group of the link exterior in the irreducible case. This gives in particular a conceptual reason for the coincidence of and .

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