company background image
STM

STMicroelectronicsNYSE:STM Stock Report

Last Price

€45.26

Market Cap

€42.6b

7D

-7.0%

1Y

11.7%

Updated

20 Jan, 2022

Data

Company Financials +
STM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends0/6

STM Stock 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

Broadcom

NasdaqGS:AVGO

US$232.8b

Intel

NasdaqGS:INTC

US$218.1b

Advanced Micro Devices

NasdaqGS:AMD

US$154.9b

Analog Devices

NasdaqGS:ADI

US$85.7b

Price History & Performance

Summary of all time highs, changes and price drops for STMicroelectronics
Historical stock prices
Current Share Price€45.26
52 Week High€52.15
52 Week Low€33.30
Beta1.25
1 Month Change-5.69%
3 Month Change3.10%
1 Year Change11.67%
3 Year Change189.76%
5 Year Change250.04%
Change since IPO1,120.50%

Recent News & Updates

Jan 19

STMicroelectronics: A Company To Buy

Overperformance in the auto semis industry. CAPEX plan and product mix not priced in. Client concentration is not a risk in this booming demand for semis.

Dec 09

STMicroelectronics Makes Tiny Objects And Money

We are advocates of STMicroelectronics for six years. Shares sold in 2016 in the single digits. STM was already a leading innovating of microcontrollers for the nascent self-driving cars industry. Shares are up 10% in the past two months. They are higher by almost 20% over the past 52 weeks. STM is up 356% over the prior five years. Short interest is negligible. No one expects any long-lasting downside to the shares. This financially healthy company offers upside potential into an industry essential to mass production in every industry.

Shareholder Returns

STMUS SemiconductorUS Market
7D-7.0%-8.1%-4.6%
1Y11.7%22.2%7.7%

Return vs Industry: STM underperformed the US Semiconductor industry which returned 26.2% over the past year.

Return vs Market: STM exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is STM's price volatile compared to industry and market?
STM volatility
STM Average Weekly Movement5.1%
Semiconductor Industry Average Movement7.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: STM is not significantly more volatile than the rest of US 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.

About the Company

FoundedEmployeesCEOWebsite
198746,016Jean-Marc Cheryhttps://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

How do STMicroelectronics's earnings and revenue compare to its market cap?
STM fundamental statistics
Market CapUS$42.57b
Earnings (TTM)US$1.83b
Revenue (TTM)US$12.44b

23.2x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STM income statement (TTM)
RevenueUS$12.44b
Cost of RevenueUS$7.47b
Gross ProfitUS$4.97b
ExpensesUS$3.14b
EarningsUS$1.83b

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

Jan 27, 2022

Earnings per share (EPS)2.02
Gross Margin39.96%
Net Profit Margin14.73%
Debt/Equity Ratio31.1%

How did STM perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

12%

Payout Ratio

Does STM pay a reliable dividends?

See STM dividend history and benchmarks
When do you need to buy STM by to receive an upcoming dividend?
STMicroelectronics dividend dates
Ex Dividend DateMar 21 2022
Dividend Pay DateMar 29 2022
Days until Ex dividend59 days
Days until Dividend pay date67 days

Does STM pay a reliable dividends?

See STM dividend history and benchmarks

Valuation

Is STMicroelectronics undervalued compared to its fair value and its price relative to the market?

35.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: STM ($46.42) is trading below our estimate of fair value ($71.35)

Significantly Below Fair Value: STM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: STM is good value based on its PE Ratio (23.2x) compared to the US Semiconductor industry average (30.2x).

PE vs Market: STM is poor value based on its PE Ratio (23.2x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: STM is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: STM is overvalued based on its PB Ratio (5x) compared to the US Semiconductor industry average (4.4x).


Future Growth

How is STMicroelectronics forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STM's forecast earnings growth (13.7% per year) is above the savings rate (2%).

Earnings vs Market: STM's earnings (13.7% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: STM's earnings are forecast to grow, but not significantly.

Revenue vs Market: STM's revenue (8.5% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: STM's revenue (8.5% 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 high in 3 years time (20.7%)


Past Performance

How has STMicroelectronics performed over the past 5 years?

24.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STM has high quality earnings.

Growing Profit Margin: STM's current net profit margins (14.7%) are higher than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: STM's earnings have grown significantly by 24.9% per year over the past 5 years.

Accelerating Growth: STM's earnings growth over the past year (97.2%) exceeds its 5-year average (24.9% per year).

Earnings vs Industry: STM earnings growth over the past year (97.2%) exceeded the Semiconductor industry 80.5%.


Return on Equity

High ROE: STM's Return on Equity (21.4%) is considered high.


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 ($2.9B).

Long Term Liabilities: STM's short term assets ($7.6B) exceed its long term liabilities ($3.4B).


Debt to Equity History and Analysis

Debt Level: STM has more cash than its total debt.

Reducing Debt: STM's debt to equity ratio has reduced from 32.8% to 31.1% over the past 5 years.

Debt Coverage: STM's debt is well covered by operating cash flow (116.4%).

Interest Coverage: STM's interest payments on its debt are well covered by EBIT (68.7x coverage).


Balance Sheet


Dividend

What is STMicroelectronics's current dividend yield, its reliability and sustainability?

0.51%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 20 2022Ex Dividend DateMar 21 2022Dividend Pay DateMar 29 20228 days from Ex DividendBuy in the next 59 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: STM's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: STM's dividend (0.51%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: STM is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: STM is not paying a notable dividend for the US 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 US 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 US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Jean-Marc Chery (61 yo)

3.67yrs

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 ($USD6.19M) is below average for companies of similar size in the US market ($USD11.29M).

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 (3.7 years average tenure).


Board Members

Experienced Board: STM's board of directors are considered experienced (7.6 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

STMicroelectronics N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: STMicroelectronics N.V.
  • Ticker: STM
  • Exchange: NYSE
  • Founded: 1987
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: €37.543b
  • Listing Market Cap: €42.571b
  • Shares outstanding: 906.19m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 23:26
End of Day Share Price2022/01/20 00:00
Earnings2021/10/02
Annual Earnings2020/12/31


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.