GLOBALFOUNDRIES, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 49 USD | -0.47% |
|
-3.45% | -19.14% |
| May. 31 | Chipmakers' plans for factories in Europe, US and Asia | RE |
| May. 28 | Tranche Update on GLOBALFOUNDRIES Inc.'s Equity Buyback Plan announced on May 22, 2024. | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 34,554 | 29,374 | 33,524 | 27,220 | - | - |
| Enterprise Value (EV) 1 | 33,628 | 29,533 | 33,509 | 25,437 | 23,495 | 21,892 |
| P/E ratio | -130 x | 20.6 x | 33.1 x | 45 x | 26.3 x | 20.4 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.25 x | 3.62 x | 4.54 x | 4.05 x | 3.53 x | 3.16 x |
| EV / Revenue | 5.11 x | 3.64 x | 4.53 x | 3.79 x | 3.05 x | 2.54 x |
| EV / EBITDA | 18.2 x | 9.56 x | 12.1 x | 10.5 x | 8.18 x | 6.64 x |
| EV / FCF | 31.3 x | -67.9 x | 104 x | 15.7 x | 14.7 x | 15.4 x |
| FCF Yield | 3.19% | -1.47% | 0.96% | 6.36% | 6.81% | 6.5% |
| Price to Book | 4.33 x | 3 x | 3.01 x | 2.22 x | 2.07 x | 1.91 x |
| Nbr of stocks (in thousands) | 531,846 | 545,073 | 553,199 | 555,505 | - | - |
| Reference price 2 | 64.97 | 53.89 | 60.60 | 49.00 | 49.00 | 49.00 |
| Announcement Date | 2/8/22 | 2/14/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 6,585 | 8,108 | 7,392 | 6,716 | 7,712 | 8,603 |
| EBITDA 1 | - | 1,848 | 3,088 | 2,763 | 2,421 | 2,873 | 3,299 |
| EBIT 1 | - | 168 | 1,443 | 1,369 | 866.4 | 1,337 | 1,706 |
| Operating Margin | - | 2.55% | 17.8% | 18.52% | 12.9% | 17.33% | 19.83% |
| Earnings before Tax (EBT) 1 | - | -176 | 1,532 | 1,084 | 686.5 | 1,095 | 2,196 |
| Net income 1 | -1,348 | -254 | 1,446 | 1,018 | 625.6 | 1,080 | 1,442 |
| Net margin | - | -3.86% | 17.83% | 13.77% | 9.31% | 14.01% | 16.76% |
| EPS 2 | -1.350 | -0.5000 | 2.620 | 1.830 | 1.090 | 1.865 | 2.407 |
| Free Cash Flow 1 | - | 1,073 | -435 | 321 | 1,617 | 1,599 | 1,423 |
| FCF margin | - | 16.29% | -5.37% | 4.34% | 24.07% | 20.74% | 16.54% |
| FCF Conversion (EBITDA) | - | 58.06% | - | 11.62% | 66.78% | 55.67% | 43.15% |
| FCF Conversion (Net income) | - | - | - | 31.53% | 258.46% | 148.02% | 98.68% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 8/9/21 | 2/8/22 | 2/14/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,847 | 1,940 | 1,993 | 2,074 | 2,101 | 1,841 | 1,845 | 1,852 | 1,854 | 1,549 | 1,615 | 1,715 | 1,808 | 1,735 | 1,850 |
| EBITDA 1 | 584 | 698 | 784 | 793 | 821 | 655 | 668 | 667 | 773 | 577 | 569.4 | 607.6 | 649.7 | 600.8 | 663.6 |
| EBIT 1 | 142 | 279 | 350 | 389 | 425 | 326 | 338 | 322 | 383 | 187 | 181.1 | 222.4 | 258.8 | 246 | 302.2 |
| Operating Margin | 7.69% | 14.38% | 17.56% | 18.76% | 20.23% | 17.71% | 18.32% | 17.39% | 20.66% | 12.07% | 11.22% | 12.97% | 14.32% | 14.18% | 16.33% |
| Earnings before Tax (EBT) 1 | 69 | 197 | 294 | 355 | 676 | 277 | 265 | 228 | 299 | 155 | 148.3 | 185 | 233.7 | 195.5 | 207 |
| Net income 1 | 43 | 179 | 264 | 336 | 668 | 254 | 237 | 249 | 278 | 134 | 117.7 | 155.4 | 190.3 | 173 | 221.7 |
| Net margin | 2.33% | 9.23% | 13.25% | 16.2% | 31.79% | 13.8% | 12.85% | 13.44% | 14.99% | 8.65% | 7.29% | 9.06% | 10.53% | 9.97% | 11.98% |
| EPS 2 | 0.0800 | 0.3300 | 0.4800 | 0.6100 | 1.210 | 0.4600 | 0.7300 | 0.4500 | 0.5000 | 0.2400 | 0.2075 | 0.2750 | 0.3360 | 0.3035 | 0.3933 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/8/22 | 5/10/22 | 8/9/22 | 11/8/22 | 2/14/23 | 5/9/23 | 8/8/23 | 11/7/23 | 2/13/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 159 | - | - | - | - |
| Net Cash position 1 | - | 926 | - | 15 | 1,783 | 3,725 | 5,328 |
| Leverage (Debt/EBITDA) | - | - | 0.0515 x | - | - | - | - |
| Free Cash Flow 1 | - | 1,073 | -435 | 321 | 1,617 | 1,599 | 1,423 |
| ROE (net income / shareholders' equity) | - | -0.34% | 19.2% | 11.9% | 6.17% | 9.72% | 11.8% |
| ROA (Net income/ Total Assets) | - | -1.86% | 10.4% | 6.97% | 4% | 6.3% | 7.32% |
| Assets 1 | - | 13,675 | 13,841 | 14,601 | 15,654 | 17,160 | 19,694 |
| Book Value Per Share 2 | - | 15.00 | 18.00 | 20.10 | 22.10 | 23.60 | 25.60 |
| Cash Flow per Share 2 | - | 5.610 | 4.750 | 3.820 | 3.920 | 5.190 | 5.830 |
| Capex 1 | - | 1,766 | 3,059 | 1,804 | 707 | 911 | 1,355 |
| Capex / Sales | - | 26.82% | 37.73% | 24.4% | 10.52% | 11.81% | 15.75% |
| Announcement Date | 8/9/21 | 2/8/22 | 2/14/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
49
USD
Average target price
60.23
USD
Spread / Average Target
+22.91%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.14% | 27.22B | |
| +75.79% | 42.38B | |
| +36.23% | 34.17B | |
| +19.39% | 21.51B | |
| +162.07% | 11.28B | |
| -1.06% | 11.28B | |
| -15.53% | 11.11B | |
| +40.29% | 6.39B | |
| -19.90% | 4.81B | |
| -27.29% | 4.57B |
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- Financials GlobalFoundries, Inc.
