Company Valuation: STMicroelectronics N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,709 32,058 45,147 22,573 23,416 44,890 - -
Change - -28.3% 40.83% -50% 3.74% 91.71% - -
Enterprise Value (EV) 1 43,732 30,257 41,991 19,342 20,627 42,811 41,433 39,127
Change - -30.81% 38.78% -53.94% 6.64% 107.55% -3.22% -5.57%
P/E 22.8x 8.42x 11.2x 15.1x 146x 43.6x 19.5x 13.4x
PBR 4.86x 2.51x 2.82x 1.35x 1.36x 2.49x 2.24x 1.94x
PEG - 0.1x 1.74x -0.2x -1.6x 0x 0x 0.3x
Capitalization / Revenue 3.5x 1.99x 2.61x 1.7x 1.98x 3.11x 2.65x 2.33x
EV / Revenue 3.43x 1.88x 2.43x 1.46x 1.75x 2.97x 2.45x 2.03x
EV / EBITDA 12.6x 5.35x 6.8x 5.63x 8.58x 13x 8.98x 6.91x
EV / EBIT 18.1x 6.82x 9.11x 11.5x 37.4x 31.4x 15.7x 9.85x
EV / FCF 39x 19x 23.7x 67.2x 66.8x 102x 19.9x 13.9x
FCF Yield 2.56% 5.26% 4.22% 1.49% 1.5% 0.98% 5.03% 7.22%
Dividend per Share 2 0.24 0.24 0.24 0.36 0.36 0.3573 0.3712 0.3895
Rate of return 0.49% 0.68% 0.48% 1.43% 1.37% 0.71% 0.74% 0.77%
EPS 2 2.16 4.19 4.46 1.66 0.18 1.155 2.58 3.747
Distribution rate 11.1% 5.73% 5.38% 21.7% 200% 30.9% 14.4% 10.4%
Net sales 1 12,761 16,128 17,286 13,269 11,800 14,420 16,930 19,246
EBITDA 1 3,466 5,654 6,172 3,436 2,405 3,302 4,612 5,666
EBIT 1 2,421 4,439 4,611 1,676 551 1,362 2,641 3,971
Net income 1 2,000 3,960 4,211 1,557 166 1,079 2,379 3,423
Net Debt 1 -977 -1,801 -3,156 -3,231 -2,789 -2,079 -3,457 -5,763
Reference price 2 49.32 35.26 50.01 25.13 26.35 50.32 50.32 50.32
Nbr of stocks (in thousands) 906,449 909,136 902,747 898,175 888,746 892,104 - -
Announcement Date 1/27/22 1/26/23 1/25/24 1/30/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
43.56x2.96x12.94x0.71% 44.89B
21.78x12.42x18.72x0.34% 5,253B
22.54x11.06x14.98x1.12% 1,982B
40.93x16.78x24.69x0.71% 1,755B
12.85x7.79x9.42x0.06% 1,054B
4.73x2.93x3.53x0.22% 874B
81.26x14.71x55.3x-.--% 760B
-38.78x7.82x21.76x-.--% 470B
190.21x41.47x84.56x-.--% 255B
Average 42.12x 13.10x 27.32x 0.35% 1,383B
Weighted average by Cap. 27.53x 12.29x 20.79x 0.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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