| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
STM Overview
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.
STMicroelectronics Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €38.26 |
| 52 Week High | €25.74 |
| 52 Week Low | €40.40 |
| Beta | 1.27 |
| 1 Month Change | -3.08% |
| 3 Month Change | 17.47% |
| 1 Year Change | 36.77% |
| 3 Year Change | 197.70% |
| 5 Year Change | 340.37% |
| Change since IPO | 1,146.18% |
Recent News & Updates
STMicroelectronics (EPA:STM) Seems To Use Debt Rather Sparingly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Estimating The Intrinsic Value Of STMicroelectronics N.V. (EPA:STM)
In this article we are going to estimate the intrinsic value of STMicroelectronics N.V. ( EPA:STM ) by taking the...
Shareholder Returns
| STM | FR Semiconductor | FR Market | |
|---|---|---|---|
| 7D | 4.2% | 5.8% | 1.0% |
| 1Y | 36.8% | 43.2% | 37.0% |
Return vs Industry: STM underperformed the French Semiconductor industry which returned 38.5% over the past year.
Return vs Market: STM exceeded the French Market which returned 35.2% over the past year.
Price Volatility
| STM volatility | |
|---|---|
| STM Beta | 1.27 |
| Industry Beta | 1.36 |
| Market Beta | 1 |
Stable Share Price: STM is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: STM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 46,016 | Jean-Marc Chery | https://www.st.com |
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers automotive integrated circuits (ICs); and discrete and power transistor products.
STMicroelectronics Fundamentals Summary
| STM fundamental statistics | |
|---|---|
| Market Cap | US$40.35b |
| Earnings (TTM) | US$1.60b |
| Revenue (TTM) | US$11.91b |
25.2x
P/E Ratio3.4x
P/S RatioIs STM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| STM income statement (TTM) | |
|---|---|
| Revenue | US$11.91b |
| Cost of Revenue | US$7.31b |
| Gross Profit | US$4.60b |
| Expenses | US$3.00b |
| Earnings | US$1.60b |
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
Oct 28, 2021
| Earnings per share (EPS) | 1.76 |
| Gross Margin | 38.63% |
| Net Profit Margin | 13.44% |
| Debt/Equity Ratio | 36.3% |
How did STM perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield14%
Payout RatioDoes STM pay a reliable dividends?
See STM dividend history and benchmarks| STMicroelectronics dividend dates | |
|---|---|
| Ex Dividend Date | Dec 13 2021 |
| Dividend Pay Date | Dec 15 2021 |
| Days until Ex dividend | 47 days |
| Days until Dividend pay date | 49 days |
Does STM pay a reliable dividends?
See STM dividend history and benchmarksValuation
Is STMicroelectronics undervalued compared to its fair value and its price relative to the market?
15.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STM (€38.26) is trading below our estimate of fair value (€45.35)
Significantly Below Fair Value: STM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STM is good value based on its PE Ratio (25.2x) compared to the European Semiconductor industry average (46.5x).
PE vs Market: STM is poor value based on its PE Ratio (25.2x) compared to the French market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: STM is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: STM is overvalued based on its PB Ratio (4.7x) compared to the FR Semiconductor industry average (3.3x).
Future Growth
How is STMicroelectronics forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STM's forecast earnings growth (10.4% per year) is above the savings rate (0.3%).
Earnings vs Market: STM's earnings (10.4% per year) are forecast to grow slower than the French market (12.3% per year).
High Growth Earnings: STM's earnings are forecast to grow, but not significantly.
Revenue vs Market: STM's revenue (6.7% per year) is forecast to grow faster than the French market (6.2% per year).
High Growth Revenue: STM's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STM's Return on Equity is forecast to be low in 3 years time (18.8%).
Past Performance
How has STMicroelectronics performed over the past 5 years?
27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STM has high quality earnings.
Growing Profit Margin: STM's current net profit margins (13.4%) are higher than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: STM's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: STM's earnings growth over the past year (64.6%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: STM earnings growth over the past year (64.6%) exceeded the Semiconductor industry 63.9%.
Return on Equity
High ROE: STM's Return on Equity (18.4%) is considered low.
Financial Health
How is STMicroelectronics's financial position?
Financial Position Analysis
Short Term Liabilities: STM's short term assets ($8.4B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: STM's short term assets ($8.4B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: STM's debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: STM's debt to equity ratio has increased from 34.7% to 36.3% over the past 5 years.
Debt Coverage: STM's debt is well covered by operating cash flow (81.8%).
Interest Coverage: STM's interest payments on its debt are well covered by EBIT (58.4x coverage).
Balance Sheet
Dividend
What is STMicroelectronics's current dividend yield, its reliability and sustainability?
0.54%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: STM's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: STM's dividend (0.54%) is low compared to the top 25% of dividend payers in the French market (3.93%).
Stability and Growth of Payments
Stable Dividend: STM is not paying a notable dividend for the French market, therefore no need to check if payments are stable.
Growing Dividend: STM is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: STM is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STM's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Jean-Marc Chery (61 yo)
3.42yrs
Tenure
US$6,191,857
Compensation
Mr. Jean-Marc Chery has been President, Chief Executive Officer and Member of the Managing Board of STMicroelectronics N.V. since May 31, 2018 and served as its Acting President of Human Resources & Corpor...
CEO Compensation Analysis
Compensation vs Market: Jean-Marc's total compensation ($USD6.19M) is above average for companies of similar size in the French market ($USD3.25M).
Compensation vs Earnings: Jean-Marc's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: STM's management team is considered experienced (3.4 years average tenure).
Board Members
Experienced Board: STM's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Top Shareholders
Company Information
STMicroelectronics N.V.'s employee growth, exchange listings and data sources
Key Information
- Name: STMicroelectronics N.V.
- Ticker: STM
- Exchange: ENXTPA
- Founded: 1987
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: €34.748b
- Shares outstanding: 908.31m
- Website: https://www.st.com
Number of Employees
Location
- STMicroelectronics N.V.
- 39 Chemin du Champ des Filles
- 1228 Plan-Les-Ouates
- Geneva
- Geneva
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:30 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/07/03 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.