GLOBALFOUNDRIES, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 48.39 USD | +1.26% |
|
+4.60% | -20.15% |
| Apr. 22 | GlobalFoundries Plans to Achieve Net Zero Emissions, Carbon-Neutral Power by 2050 | MT |
| Apr. 16 | Market sentiment sours |  |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 34,554 | 29,374 | 26,769 | 26,769 | - |
| Enterprise Value (EV) 1 | 33,628 | 29,533 | 33,509 | 24,620 | 22,513 |
| P/E ratio | -130 x | 20.6 x | 33.1 x | 46.8 x | 25.2 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 5.25 x | 3.62 x | 4.54 x | 3.93 x | 3.4 x |
| EV / Revenue | 5.11 x | 3.64 x | 4.53 x | 3.62 x | 2.86 x |
| EV / EBITDA | 18.2 x | 9.56 x | 12.1 x | 10.1 x | 7.52 x |
| EV / FCF | 31.3 x | -67.9 x | 104 x | 16 x | 14.2 x |
| FCF Yield | 3.19% | -1.47% | 0.96% | 6.25% | 7.06% |
| Price to Book | 4.33 x | 3 x | 3.01 x | 2.2 x | 2.06 x |
| Nbr of stocks (in thousands) | 531,846 | 545,073 | 553,199 | 553,199 | - |
| Reference price 2 | 64.97 | 53.89 | 48.39 | 48.39 | 48.39 |
| 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 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 6,585 | 8,108 | 7,392 | 6,807 | 7,880 |
| EBITDA 1 | - | 1,848 | 3,088 | 2,763 | 2,444 | 2,995 |
| EBIT 1 | - | 168 | 1,443 | 1,369 | 826.2 | 1,328 |
| Operating Margin | - | 2.55% | 17.8% | 18.52% | 12.14% | 16.86% |
| Earnings before Tax (EBT) 1 | - | -176 | 1,532 | 1,084 | 593.5 | 1,107 |
| Net income 1 | -1,348 | -254 | 1,446 | 1,018 | 554.1 | 1,077 |
| Net margin | - | -3.86% | 17.83% | 13.77% | 8.14% | 13.66% |
| EPS 2 | -1.350 | -0.5000 | 2.620 | 1.830 | 1.035 | 1.922 |
| Free Cash Flow 1 | - | 1,073 | -435 | 321 | 1,539 | 1,589 |
| FCF margin | - | 16.29% | -5.37% | 4.34% | 22.62% | 20.16% |
| FCF Conversion (EBITDA) | - | 58.06% | - | 11.62% | 62.99% | 53.06% |
| FCF Conversion (Net income) | - | - | - | 31.53% | 277.84% | 147.6% |
| 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 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,700 | 1,847 | 1,940 | 1,993 | 2,074 | 2,101 | 1,841 | 1,845 | 1,852 | 1,854 | 1,523 | 1,584 | 1,724 | 1,816 |
| EBITDA 1 | 505 | 584 | 698 | 784 | 793 | 821 | 655 | 668 | 667 | 773 | 533.2 | 558.9 | 635.8 | 679.8 |
| EBIT 1 | 81 | 142 | 279 | 350 | 389 | 425 | 326 | 338 | 322 | 383 | 147.9 | 173 | 237.7 | 283.7 |
| Operating Margin | 4.76% | 7.69% | 14.38% | 17.56% | 18.76% | 20.23% | 17.71% | 18.32% | 17.39% | 20.66% | 9.71% | 10.92% | 13.79% | 15.62% |
| Earnings before Tax (EBT) 1 | 27 | 69 | 197 | 294 | 355 | 676 | 277 | 265 | 228 | 299 | 104.3 | 122.3 | 162.7 | 213.7 |
| Net income 1 | 5 | 43 | 179 | 264 | 336 | 668 | 254 | 237 | 249 | 278 | 76.89 | 105.1 | 158.7 | 205.8 |
| Net margin | 0.29% | 2.33% | 9.23% | 13.25% | 16.2% | 31.79% | 13.8% | 12.85% | 13.44% | 14.99% | 5.05% | 6.64% | 9.21% | 11.33% |
| EPS 2 | 0.0100 | 0.0800 | 0.3300 | 0.4800 | 0.6100 | 1.210 | 0.4600 | 0.7300 | 0.4500 | 0.5000 | 0.1408 | 0.1886 | 0.2935 | 0.3668 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/30/21 | 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 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 159 | - | - | - |
| Net Cash position 1 | - | 926 | - | 15 | 2,149 | 4,256 |
| Leverage (Debt/EBITDA) | - | - | 0.0515 x | - | - | - |
| Free Cash Flow 1 | - | 1,073 | -435 | 321 | 1,539 | 1,589 |
| ROE (net income / shareholders' equity) | - | -0.34% | 19.2% | 11.9% | 6.49% | 11% |
| ROA (Net income/ Total Assets) | - | -1.86% | 10.4% | 6.97% | 4.51% | 7.14% |
| Assets 1 | - | 13,675 | 13,841 | 14,601 | 12,277 | 15,079 |
| Book Value Per Share 2 | - | 15.00 | 18.00 | 20.10 | 22.00 | 23.40 |
| Cash Flow per Share 2 | - | 5.610 | 4.750 | 3.820 | 4.050 | 5.660 |
| Capex 1 | - | 1,766 | 3,059 | 1,804 | 701 | 913 |
| Capex / Sales | - | 26.82% | 37.73% | 24.4% | 10.29% | 11.59% |
| 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
48.39
USD
Average target price
60.65
USD
Spread / Average Target
+25.34%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.15% | 26.77B | |
| +25.49% | 169B | |
| +31.53% | 31.67B | |
| +32.74% | 32.77B | |
| +27.65% | 22.95B | |
| -12.08% | 11.56B | |
| -4.43% | 10.72B | |
| +122.37% | 9.62B | |
| +31.00% | 5.94B | |
| -19.16% | 5.07B |
- Stock Market
- Equities
- GFS Stock
- Financials GlobalFoundries, Inc.
