Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 4/6 |
Past Performance | 3/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
GFS Stock Overview
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide.
Rewards
Risk Analysis
No risks detected for GFS from our risk checks.
GLOBALFOUNDRIES Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$52.77 |
52 Week High | US$79.49 |
52 Week Low | US$43.59 |
Beta | 0 |
1 Month Change | 1.29% |
3 Month Change | -3.12% |
1 Year Change | n/a |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | 13.73% |
Recent News & Updates
GlobalFoundries: Profiting From The Supply Crunch
GlobalFoundries has enjoyed double-digit revenue growth due to high demand amid a low supply of the less advanced chips. Comparison with Taiwanese UMC shows that subsidies through the CHIPS act can improve the company's gross margins, with GFS having the ability to add capacity faster than its giant peer. On the other hand, higher labor costs could impact operating margins, but these have already been considered in the first quarter 2022 guidance. The company also has a small revenue exposure to China, but its factories are positioned appropriately to circumvent geopolitically sensitive Taiwan. GFS is a buy due to its cash-generating capability and its low price to cash flow multiple, and its stock could move higher following updates on subsidies.
Shareholder Returns
GFS | US Semiconductor | US Market | |
---|---|---|---|
7D | -6.4% | -1.4% | -2.5% |
1Y | n/a | 4.6% | -10.4% |
Return vs Industry: Insufficient data to determine how GFS performed against the US Semiconductor industry.
Return vs Market: Insufficient data to determine how GFS performed against the US Market.
Price Volatility
GFS volatility | |
---|---|
GFS Average Weekly Movement | 11.2% |
Semiconductor Industry Average Movement | 8.6% |
Market Average Movement | 7.8% |
10% most volatile stocks in US Market | 16.7% |
10% least volatile stocks in US Market | 2.8% |
Stable Share Price: GFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GFS's weekly volatility (11%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2009 | 14,600 | Tom Caulfield | https://www.globalfoundries.com |
GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, power management units, and microelectromechanical systems, as well as offers mainstream wafer fabrication services and technologies.
GLOBALFOUNDRIES Fundamentals Summary
GFS fundamental statistics | |
---|---|
Market Cap | US$28.07b |
Earnings (TTM) | US$54.69m |
Revenue (TTM) | US$7.11b |
513.2x
P/E Ratio3.9x
P/S RatioIs GFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
GFS income statement (TTM) | |
---|---|
Revenue | US$7.11b |
Cost of Revenue | US$5.72b |
Gross Profit | US$1.38b |
Other Expenses | US$1.33b |
Earnings | US$54.69m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.10 |
Gross Margin | 19.46% |
Net Profit Margin | 0.77% |
Debt/Equity Ratio | 25.3% |
How did GFS perform over the long term?
See historical performance and comparisonValuation
Is GLOBALFOUNDRIES undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
47.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GFS ($52.77) is trading below our estimate of fair value ($99.92)
Significantly Below Fair Value: GFS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GFS is poor value based on its PE Ratio (513.2x) compared to the US Semiconductor industry average (18.7x).
PE vs Market: GFS is poor value based on its PE Ratio (513.2x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: GFS is poor value based on its PEG Ratio (16.8x)
Price to Book Ratio
PB vs Industry: GFS's PB Ratio (3.4x) is in line with the US Semiconductor industry average.
Future Growth
How is GLOBALFOUNDRIES forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
30.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFS's forecast earnings growth (30.6% per year) is above the savings rate (1.9%).
Earnings vs Market: GFS's earnings (30.6% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GFS's revenue (8.7% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: GFS's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GFS's Return on Equity is forecast to be low in 3 years time (17.7%).
Past Performance
How has GLOBALFOUNDRIES performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
61.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFS has high quality earnings.
Growing Profit Margin: GFS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GFS has become profitable over the past 5 years, growing earnings by 61.8% per year.
Accelerating Growth: GFS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GFS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (77.9%).
Return on Equity
High ROE: GFS's Return on Equity (0.6%) is considered low.
Financial Health
How is GLOBALFOUNDRIES's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: GFS's short term assets ($5.7B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: GFS's short term assets ($5.7B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: GFS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GFS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GFS's debt is well covered by operating cash flow (167.5%).
Interest Coverage: GFS's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Dividend
What is GLOBALFOUNDRIES current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GFS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GFS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GFS has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Tom Caulfield (62 yo)
4.17yrs
Tenure
Dr. Thomas H. Caulfield, also known as Tom, Ph D., DES, serves as an Independent Director at Western Digital Corporation since July 6, 2021. He has been Chief Executive Officer of GLOBALFOUNDRIES Inc., sin...
Leadership Team
Experienced Management: GFS's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: GFS's board of directors are considered experienced (4.2 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.
Ownership Breakdown
Dilution of Shares: GFS only recently listed within the past 12 months.
Top Shareholders
Company Information
GLOBALFOUNDRIES Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: GLOBALFOUNDRIES Inc.
- Ticker: GFS
- Exchange: NasdaqGS
- Founded: 2009
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$28.065b
- Shares outstanding: 531.85m
- Website: https://www.globalfoundries.com
Number of Employees
Location
- GLOBALFOUNDRIES Inc.
- 400 Stonebreak Road Extension
- Malta
- New York
- 12020
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/15 00:00 |
End of Day Share Price | 2022/05/13 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.