globalfoundries inc. - GFS

GFS

Close Chg Chg %
42.00 0.80 1.90%

Closed Market

42.80

+0.80 (1.90%)

Volume: 1.48M

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: globalfoundries inc. - GFS

GFS Key Data

Open

$42.00

Day Range

41.85 - 43.17

52 Week Range

35.85 - 62.61

Market Cap

$23.33B

Shares Outstanding

555.51M

Public Float

105.12M

Beta

1.53

Rev. Per Employee

N/A

P/E Ratio

31.33

EPS

$1.34

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

2.31M

 

GFS Performance

1 Week
 
3.66%
 
1 Month
 
5.94%
 
3 Months
 
-7.10%
 
1 Year
 
-23.52%
 
5 Years
 
N/A
 

GFS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 19
Full Ratings ➔

About globalfoundries inc. - GFS

GLOBALFOUNDRIES, Inc. provides foundry services and manufactures semiconductors. It offers global shuttle, mask, post-fab and turnkey services. The company was founded on October 7, 2008 and is headquartered in Malta, NY.

GFS At a Glance

GLOBALFOUNDRIES, Inc.
400 Stonebreak Road Extension
Malta, New York 12020
Phone 1-518-305-9013 Revenue 7.39B
Industry Semiconductors Net Income 1.02B
Sector Electronic Technology Employees 12,000
Fiscal Year-end 12 / 2024
View SEC Filings

GFS Valuation

P/E Current 31.332
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 32.796
Price to Sales Ratio 4.558
Price to Book Ratio 3.021
Price to Cash Flow Ratio 15.856
Enterprise Value to EBITDA 12.476
Enterprise Value to Sales 4.474
Total Debt to Enterprise Value 0.083

GFS Efficiency

Revenue/Employee 616,000.00
Income Per Employee 85,000.00
Receivables Turnover 5.404
Total Asset Turnover 0.412

GFS Liquidity

Current Ratio 2.042
Quick Ratio 1.562
Cash Ratio 1.104

GFS Profitability

Gross Margin 26.65
Operating Margin 16.234
Pretax Margin 14.665
Net Margin 13.799
Return on Assets 5.685
Return on Equity 9.706
Return on Total Capital 7.36
Return on Invested Capital 7.93

GFS Capital Structure

Total Debt to Total Equity 24.802
Total Debt to Total Capital 19.873
Total Debt to Total Assets 15.263
Long-Term Debt to Equity 19.371
Long-Term Debt to Total Capital 15.522
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Globalfoundries Inc. - GFS

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.85B 6.59B 8.11B 7.39B
Sales Growth
-16.55% +35.76% +23.13% -8.83%
Cost of Goods Sold (COGS) incl D&A
5.90B 5.77B 6.02B 5.42B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.52B 1.62B 1.62B 1.45B
Depreciation
2.24B 1.41B 1.45B 1.32B
Amortization of Intangibles
284.11M 207.43M 176.00M 129.00M
COGS Growth
-11.18% -2.20% +4.42% -9.99%
Gross Income
(1.05B) 816.22M 2.08B 1.97B
Gross Income Growth
-26.56% +177.86% +155.32% -5.47%
Gross Profit Margin
-21.61% +12.40% +25.70% +26.65%
2020 2021 2022 2023 5-year trend
SG&A Expense
585.07M 876.03M 823.00M 770.00M
Research & Development
255.29M 331.00M 372.00M 327.00M
Other SG&A
329.78M 545.03M 451.00M 443.00M
SGA Growth
-20.14% +49.73% -6.05% -6.44%
Other Operating Expense
- - - -
-
Unusual Expense
- (310.01M) 94.00M 71.00M
EBIT after Unusual Expense
(1.32B) (59.81M) 1.17B 1.13B
Non Operating Income/Expense
114.59M (2.15M) 482.00M 92.00M
Non-Operating Interest Income
3.10M 5.70M 51.00M 149.00M
Equity in Earnings of Affiliates
- - 3.88M 3.63M
-
Interest Expense
154.39M 113.70M 117.00M 137.00M
Interest Expense Growth
-32.93% -26.35% +2.90% +17.09%
Gross Interest Expense
154.39M 113.70M 117.00M 137.00M
Interest Capitalized
- - - -
-
Pretax Income
(1.36B) (175.66M) 1.53B 1.08B
Pretax Income Growth
-18.83% +87.11% +972.12% -29.24%
Pretax Margin
-28.10% -2.67% +18.89% +14.66%
Income Tax
(12.27M) 78.27M 86.00M 66.00M
Income Tax - Current - Domestic
28.61M (814.00K) 19.00M 16.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(40.88M) 79.08M 67.00M 50.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - 3.88M 3.63M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.35B) (253.93M) 1.45B 1.02B
Minority Interest Expense
(3.29M) (3.62M) (2.00M) (2.00M)
Net Income
(1.35B) (250.31M) 1.45B 1.02B
Net Income Growth
+1.72% +81.42% +678.48% -29.56%
Net Margin Growth
-27.78% -3.80% +17.86% +13.80%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.35B) (250.31M) 1.45B 1.02B
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.35B) (250.31M) 1.45B 1.02B
EPS (Basic)
-1.35 -0.4949 2.6865 1.8478
EPS (Basic) Growth
+0.74% +63.34% +642.84% -31.22%
Basic Shares Outstanding
1.00B 505.76M 539.00M 552.00M
EPS (Diluted)
-1.35 -0.4949 2.6232 1.8345
EPS (Diluted) Growth
+0.74% +63.34% +630.05% -30.07%
Diluted Shares Outstanding
1.00B 505.76M 552.00M 556.00M
EBITDA
889.16M 1.56B 2.88B 2.65B
EBITDA Growth
-20.42% +75.34% +84.99% -8.08%
EBITDA Margin
+18.33% +23.68% +35.57% +35.86%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 49.467
Number of Ratings 19 Current Quarters Estimate 0.452
FY Report Date 12 / 2024 Current Year's Estimate 1.551
Last Quarter’s Earnings 0.41 Median PE on CY Estimate N/A
Year Ago Earnings 2.24 Next Fiscal Year Estimate 1.771
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 16 16
Mean Estimate 0.45 0.33 1.55 1.77
High Estimates 0.46 0.39 1.57 1.93
Low Estimate 0.44 0.22 1.52 1.38
Coefficient of Variance 1.24 11.93 0.70 7.29

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 7 8
OVERWEIGHT 3 2 2
HOLD 10 10 9
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Globalfoundries Inc. in the News