STMicroelectronics
Market Cap
€29.3b
Last Updated
2021/02/26 19:38 UTC
Data Sources
Company Financials +
Executive Summary
STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products in EMEA, the Americas, and the Asia Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has STMicroelectronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STM is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: STM's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-7.7%
STM
-4.8%
FR Semiconductor
0.3%
FR Market
1 Year Return
31.0%
STM
41.1%
FR Semiconductor
8.0%
FR Market
Return vs Industry: STM underperformed the French Semiconductor industry which returned 41.1% over the past year.
Return vs Market: STM exceeded the French Market which returned 8% over the past year.
Shareholder returns
| STM | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.7% | -4.8% | 0.3% |
| 30 Day | 0.8% | -0.4% | 4.4% |
| 90 Day | -3.7% | 1.8% | 3.8% |
| 1 Year | 31.9%31.0% | 42.0%41.1% | 10.1%8.0% |
| 3 Year | 86.6%80.7% | 87.8%82.8% | 24.1%13.8% |
| 5 Year | 550.2%495.8% | 306.2%256.4% | 67.6%42.9% |
Long-Term Price Volatility Vs. Market
How volatile is STMicroelectronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is STMicroelectronics N.V. (EPA:STM) Expensive For A Reason? A Look At Its Intrinsic Value3 weeks ago | Simply Wall St
Earnings Beat: STMicroelectronics N.V. (EPA:STM) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts4 weeks ago | Simply Wall St
Is STMicroelectronics N.V.'s (EPA:STM) Recent Stock Performance Influenced By Its Fundamentals In Any Way?Valuation
Is STMicroelectronics undervalued compared to its fair value and its price relative to the market?
126.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STM (€31.97) is trading above our estimate of fair value (€27.9)
Significantly Below Fair Value: STM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STM is poor value based on its PE Ratio (126.7x) compared to the XE Semiconductor industry average (69x).
PE vs Market: STM is poor value based on its PE Ratio (126.7x) compared to the French market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: STM is poor value based on its PEG Ratio (9.4x)
Price to Book Ratio
PB vs Industry: STM is overvalued based on its PB Ratio (4.1x) compared to the FR Semiconductor industry average (3x).
Next Steps
Future Growth
How is STMicroelectronics forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STM's forecast earnings growth (13.5% per year) is above the savings rate (0.4%).
Earnings vs Market: STM's earnings (13.5% per year) are forecast to grow slower than the French market (21.8% per year).
High Growth Earnings: STM's earnings are forecast to grow, but not significantly.
Revenue vs Market: STM's revenue (7.4% per year) is forecast to grow faster than the French market (7.2% per year).
High Growth Revenue: STM's revenue (7.4% 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 (15.2%).
Next Steps
Past Performance
How has STMicroelectronics performed over the past 5 years?
27.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STM has a large one-off gain of $698.0M impacting its December 31 2020 financial results.
Growing Profit Margin: STM's current net profit margins (10.8%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: STM's earnings have grown significantly by 27.4% per year over the past 5 years.
Accelerating Growth: STM's earnings growth over the past year (25.9%) is below its 5-year average (27.4% per year).
Earnings vs Industry: STM earnings growth over the past year (25.9%) exceeded the Semiconductor industry 11%.
Return on Equity
High ROE: STM's Return on Equity (13%) is considered low.
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Financial Health
How is STMicroelectronics's financial position?
Financial Position Analysis
Short Term Liabilities: STM's short term assets ($7.6B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: STM's short term assets ($7.6B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: STM's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: STM's debt to equity ratio has reduced from 37.1% to 33.7% over the past 5 years.
Debt Coverage: STM's debt is well covered by operating cash flow (79.4%).
Interest Coverage: STM's interest payments on its debt are well covered by EBIT (57.2x coverage).
Balance Sheet
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Dividend
What is STMicroelectronics's current dividend yield, its reliability and sustainability?
0.43%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: STM's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: STM's dividend (0.43%) is low compared to the top 25% of dividend payers in the French market (4.56%).
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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Jean-Marc Chery (60 yo)
2.75yrs
Tenure
US$5,739,247
Compensation
Mr. Jean-Marc Chery has been President, Chief Executive Officer and Member of the Managing Board of STMicroelectronics N.V. since May 31, 2018 and served as its Acting President of Human Resources & Corpor...
CEO Compensation Analysis
Compensation vs Market: Jean-Marc's total compensation ($USD5.74M) is above average for companies of similar size in the French market ($USD4.11M).
Compensation vs Earnings: Jean-Marc's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.75yrs | US$5.74m | 0.000030% $ 8.8k | |
| President of Finance | 2.75yrs | no data | no data | |
| President of Technology | 3.58yrs | no data | no data | |
| Group Vice President of Investor Relations | 2.33yrs | no data | no data | |
| Chief Compliance Officer & Executive Secretary for Supervisory Board | no data | no data | no data | |
| President of Legal Counsel | 7.5yrs | no data | no data | |
| President of Sales | 2.75yrs | no data | no data | |
| CHRO and President of Human Resources & Corporate Social Responsibility | 0.083yr | no data | no data | |
| President of Microcontrollers & Digital ICs Group | 5.08yrs | no data | no data | |
| Executive Vice President of Europe & France Public Affairs | 2.58yrs | no data | no data | |
| Executive VP and Head of Back-End Manufacturing & Technology | 10yrs | no data | no data | |
| Executive Vice President of Integrated Marketing & Communications | 2.67yrs | no data | no data |
2.8yrs
Average Tenure
59.5yo
Average Age
Experienced Management: STM's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Honorary Chairman | 15.92yrs | US$6.38m | no data | |
| Independent Vice-Chairman of Supervisory Board | 0.67yr | no data | no data | |
| Independent Member of Supervisory Board | 7.67yrs | US$123.55k | no data | |
| Member of Supervisory Board | 0.67yr | US$171.87k | no data | |
| Independent Member of Supervisory Board | 3.67yrs | US$118.04k | no data | |
| Independent Chairman of Supervisory Board | 0.67yr | US$191.44k | no data | |
| Independent Member of Supervisory Board | 1.75yrs | US$130.28k | no data | |
| Independent Member of Supervisory Board | 6.67yrs | US$128.44k | no data | |
| Independent Member of Supervisory Board | 9.75yrs | US$102.75k | no data | |
| Member of Supervisory Board | 0.67yr | US$107.65k | 0.00019% $ 55.6k |
2.7yrs
Average Tenure
58.5yo
Average Age
Experienced Board: STM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
STMicroelectronics N.V.'s company bio, 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: €29.276b
- Shares outstanding: 903.29m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STM | NYSE (New York Stock Exchange) | NY SHS-EACH REPR 1 ORD EUR1.04 | US | USD | Dec 1994 | |
| STME.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Dec 1994 |
| STM N | BMV (Bolsa Mexicana de Valores) | NY SHS-EACH REPR 1 ORD EUR1.04 | MX | MXN | Dec 1994 | |
| STM | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Dec 1994 |
| STM | BIT (Borsa Italiana) | Yes | Common Stock | IT | EUR | Dec 1994 |
| SGMR | DB (Deutsche Boerse AG) | NY SHS-EACH REPR 1 ORD EUR1.04 | DE | EUR | Dec 1994 | |
| 0INB | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Dec 1994 |
| SGM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1994 |
| STMP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Dec 1994 |
| SGM | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Dec 1994 |
| SGMR | DUSE (Dusseldorf Stock Exchange) | NY SHS-EACH REPR 1 ORD EUR1.04 | DE | EUR | Dec 1994 | |
| STMM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Dec 1994 |
| STMI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Dec 1994 |
| 0L9Y | LSE (London Stock Exchange) | NY SHS-EACH REPR 1 ORD EUR1.04 | GB | USD | Dec 1994 |
Biography
STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products in EMEA, the Americas, and the Asia Pacific. It operates through Automotive and Discrete ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 19:38 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| 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.