Globalfoundries Inc

Company Profile

Globalfoundries Inc had its IPO on 2021-10-28 under the ticker symbol GFS.

The company operates in the Technology sector and Semiconductors industry. Globalfoundries Inc has a staff strength of 14,000 employees.

Stock update

Shares of Globalfoundries Inc opened at $58.65 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $58.51 - $60.5, and closed at $60.07.

This is a +1.8% increase from the previous day's closing price.

A total volume of 1,628,054 shares were traded at the close of the day’s session.

In the last one week, shares of Globalfoundries Inc have increased by +8.35%.

Globalfoundries Inc's Key Ratios

Globalfoundries Inc has a market cap of $30.64 billion, indicating a price to book ratio of 3.9494 and a price to sales ratio of 4.2931.

In the last 12-months Globalfoundries Inc’s revenue was $7.86 billion with a gross profit of $2.24 billion and an EBITDA of $2.80 billion. The EBITDA ratio measures Globalfoundries Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Globalfoundries Inc’s operating margin was 16.89% while its return on assets stood at 4.88% with a return of equity of 15.56%.

In Q2, Globalfoundries Inc’s quarterly earnings growth was a negative -10.4% while revenue growth was a negative 7.4%.

Globalfoundries Inc’s PE and PEG Ratio

Forward PE

27.8552

Trailing PE

20.3077

PEG

Its diluted EPS in the last 12-months stands at $2.73 per share while it has a forward price to earnings multiple of 27.8552 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Globalfoundries Inc’s profitability.

Globalfoundries Inc stock is trading at a EV to sales ratio of 4.4812 and a EV to EBITDA ratio of 13.3719. Its price to sales ratio in the trailing 12-months stood at 4.2931.

Globalfoundries Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$17.82 billion

Total Liabilities

$2.79 billion

Operating Cash Flow

$0

Capital Expenditure

$400 million

Dividend Payout Ratio

0%

Globalfoundries Inc ended 2024 with $17.82 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.82 billion while shareholder equity stood at $10.53 billion.

Globalfoundries Inc ended 2024 with $0 in deferred long-term liabilities, $2.79 billion in other current liabilities, 23979000000.00 in common stock, $-13527000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.83 billion and cash and short-term investments were $2.79 billion. The company’s total short-term debt was $221,000,000 while long-term debt stood at $2.21 billion.

Globalfoundries Inc’s total current assets stands at $5.52 billion while long-term investments were $516.00 million and short-term investments were $955.00 million. Its net receivables were $1.23 billion compared to accounts payable of $2.32 billion and inventory worth $1.50 billion.

In 2024, Globalfoundries Inc's operating cash flow was $0 while its capital expenditure stood at $400 million.

Comparatively, Globalfoundries Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$60.07

52-Week High

$72.5

52-Week Low

$46.52

Analyst Target Price

$71.67

Globalfoundries Inc stock is currently trading at $60.07 per share. It touched a 52-week high of $72.5 and a 52-week low of $72.5. Analysts tracking the stock have a 12-month average target price of $71.67.

Its 50-day moving average was $59.69 and 200-day moving average was $61.16 The short ratio stood at 6.01 indicating a short percent outstanding of 0%.

Around 0.2% of the company’s stock are held by insiders while 10239.1% are held by institutions.