GLOBALFOUNDRIES Inc. (GFS)

NASDAQ: GFS · IEX Real-Time Price · USD
52.11
+0.38 (0.73%)
At close: Mar 28, 2024, 4:00 PM
52.10
-0.01 (-0.02%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Total Valuation

GFS has a market cap or net worth of $28.83 billion. The enterprise value is $27.78 billion.

Market Cap 28.83B
Enterprise Value 27.78B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, before market open.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

GFS has 547.76 million shares outstanding. The number of shares has increased by 0.72% in one year.

Shares Outstanding 547.76M
Shares Change (YoY) +0.72%
Shares Change (QoQ) +0.18%
Owned by Insiders (%) n/a
Owned by Institutions (%) 102.70%
Float n/a

Valuation Ratios

The trailing PE ratio is 28.48 and the forward PE ratio is 39.77. GFS's PEG ratio is 1.57.

PE Ratio 28.48
Forward PE 39.77
PS Ratio 3.90
Forward PS 4.31
PB Ratio 2.60
P/FCF Ratio 89.80
PEG Ratio 1.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.00, with an EV/FCF ratio of 86.54.

EV / Earnings 27.23
EV / Sales 3.76
EV / EBITDA 11.00
EV / EBIT 25.87
EV / FCF 86.54

Financial Position

The company has a current ratio of 2.04, with a Debt / Equity ratio of 0.21.

Current Ratio 2.04
Quick Ratio 1.56
Debt / Equity 0.21
Debt / EBITDA 0.94
Debt / FCF 7.39
Interest Coverage -89.50

Financial Efficiency

Return on equity (ROE) is 9.60% and return on invested capital (ROIC) is 7.87%.

Return on Equity (ROE) 9.60%
Return on Assets (ROA) 5.70%
Return on Capital (ROIC) 7.87%
Revenue Per Employee $528,000
Profits Per Employee $72,857
Employee Count 14,000
Asset Turnover 0.41
Inventory Turnover 3.74

Taxes

In the past 12 months, GFS has paid $66.00 million in taxes.

Income Tax 66.00M
Effective Tax Rate 6.08%

Stock Price Statistics

The stock price has decreased by -21.34% in the last 52 weeks. The beta is 1.64, so GFS's price volatility has been higher than the market average.

Beta (1Y) 1.64
52-Week Price Change -21.34%
50-Day Moving Average 54.29
200-Day Moving Average 56.86
Relative Strength Index (RSI) 46.10
Average Volume (30 Days) 1,611,172

Short Selling Information

The latest short interest is 12.55 million, so 2.29% of the outstanding shares have been sold short.

Short Interest 12.55M
Short Previous Month 12.55M
Short % of Shares Out 2.29%
Short % of Float n/a
Short Ratio (days to cover) 6.97

Income Statement

In the last 12 months, GFS had revenue of $7.39 billion and earned $1.02 billion in profits. Earnings per share was $1.83.

Revenue 7.39B
Gross Profit 2.10B
Operating Income 1.13B
Pretax Income 1.09B
Net Income 1.02B
EBITDA 2.53B
EBIT 1.07B
Earnings Per Share (EPS) $1.83
Full Income Statement

Balance Sheet

The company has $3.42 billion in cash and $2.37 billion in debt, giving a net cash position of $1.05 billion or $1.91 per share.

Cash & Cash Equivalents 3.42B
Total Debt 2.37B
Net Cash 1.05B
Net Cash Per Share $1.91
Equity / Book Value 11.10B
Book Value Per Share 20.27
Working Capital 3.23B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.13 billion and capital expenditures -$1.80 billion, giving a free cash flow of $321.00 million.

Operating Cash Flow 2.13B
Capital Expenditures -1.80B
Free Cash Flow 321.00M
FCF Per Share $0.58
Full Cash Flow Statement

Margins

Gross margin is 28.42%, with operating and profit margins of 15.27% and 13.80%.

Gross Margin 28.42%
Operating Margin 15.27%
Pretax Margin 14.69%
Profit Margin 13.80%
EBITDA Margin 34.16%
EBIT Margin 14.53%
FCF Margin 4.34%

Dividends & Yields

GFS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.72%
Shareholder Yield -0.72%
Earnings Yield 3.54%
FCF Yield 1.11%
Dividend Details

Analyst Forecast

The average price target for GFS is $68.45, which is 31.36% higher than the current price. The consensus rating is "Buy".

Price Target $68.45
Price Target Difference 31.36%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

GFS has an Altman Z-Score of 2.3 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.3
Piotroski F-Score 7