35.81 USD
+0.06 (+0.17%)
35.95 USD
+0.14 (+0.39%)
Taking everything into account, GFS scores 4 out of 10 in our fundamental rating. GFS was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. GFS has only an average score on both its financial health and profitability. GFS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GFS was profitable.
In the past year GFS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GFS reported negative net income in multiple years.
Each year in the past 5 years GFS had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -0.26%, GFS perfoms like the industry average, outperforming 46.02% of the companies in the same industry.
GFS has a Return On Equity (-0.38%) which is comparable to the rest of the industry.
GFS has a better Return On Invested Capital (4.20%) than 60.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GFS is below the industry average of 10.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.38% | ||
| ROIC | 4.2% |
ROA(3y)4.06%
ROA(5y)-0.08%
ROE(3y)7.11%
ROE(5y)-0.12%
ROIC(3y)5.8%
ROIC(5y)N/A
1.3 Margins
GFS has a Operating Margin of 11.44%. This is in the better half of the industry: GFS outperforms 66.37% of its industry peers.
GFS has a worse Gross Margin (24.02%) than 76.99% of its industry peers.
GFS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.44% | ||
| PM (TTM) | N/A | ||
| GM | 24.02% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.97%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GFS is destroying value.
GFS has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, GFS has more shares outstanding
The debt/assets ratio for GFS has been reduced compared to a year ago.
2.2 Solvency
GFS has an Altman-Z score of 2.20. This is not the best score and indicates that GFS is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.20, GFS is not doing good in the industry: 64.60% of the companies in the same industry are doing better.
GFS has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
GFS has a Debt to FCF ratio of 1.43. This is in the better half of the industry: GFS outperforms 71.68% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that GFS is not too dependend on debt financing.
GFS's Debt to Equity ratio of 0.13 is in line compared to the rest of the industry. GFS outperforms 54.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.41
WACC10.14%
2.3 Liquidity
GFS has a Current Ratio of 3.03. This indicates that GFS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.03, GFS is in line with its industry, outperforming 53.10% of the companies in the same industry.
A Quick Ratio of 2.24 indicates that GFS has no problem at all paying its short term obligations.
GFS's Quick ratio of 2.24 is in line compared to the rest of the industry. GFS outperforms 53.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.03 | ||
| Quick Ratio | 2.24 |
3. Growth
3.1 Past
The earnings per share for GFS have decreased by -6.32% in the last year.
The Revenue has been growing slightly by 0.25% in the past year.
Measured over the past years, GFS shows a small growth in Revenue. The Revenue has been growing by 3.03% on average per year.
EPS 1Y (TTM)-6.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)0.25%
Revenue growth 3Y0.83%
Revenue growth 5Y3.03%
Sales Q2Q%-2.93%
3.2 Future
GFS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.17% yearly.
Based on estimates for the next years, GFS will show a quite strong growth in Revenue. The Revenue will grow by 9.44% on average per year.
EPS Next Y6.26%
EPS Next 2Y8.64%
EPS Next 3Y14.28%
EPS Next 5Y20.17%
Revenue Next Year0.19%
Revenue Next 2Y3.13%
Revenue Next 3Y5%
Revenue Next 5Y9.44%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.97 indicates a rather expensive valuation of GFS.
Based on the Price/Earnings ratio, GFS is valued cheaply inside the industry as 84.07% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.92. GFS is around the same levels.
GFS is valuated rather expensively with a Price/Forward Earnings ratio of 19.45.
81.42% of the companies in the same industry are more expensive than GFS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.46. GFS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.97 | ||
| Fwd PE | 19.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GFS is valued cheaply inside the industry as 97.35% of the companies are valued more expensively.
91.15% of the companies in the same industry are more expensive than GFS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.08 | ||
| EV/EBITDA | 7.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GFS's earnings are expected to grow with 14.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.51
PEG (5Y)N/A
EPS Next 2Y8.64%
EPS Next 3Y14.28%
5. Dividend
5.1 Amount
No dividends for GFS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
35.81
+0.06 (+0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners103.54%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap19.90B
Revenue(TTM)6.79B
Net Income(TTM)-44.00M
Analysts73.85
Price Target40.58 (13.32%)
Short Float %2.73%
Short Ratio5.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.95%
Min EPS beat(2)8.67%
Max EPS beat(2)17.23%
EPS beat(4)4
Avg EPS beat(4)11.24%
Min EPS beat(4)2.49%
Max EPS beat(4)17.23%
EPS beat(8)8
Avg EPS beat(8)18.39%
EPS beat(12)12
Avg EPS beat(12)15.79%
EPS beat(16)16
Avg EPS beat(16)23.11%
Revenue beat(2)0
Avg Revenue beat(2)-0.32%
Min Revenue beat(2)-0.35%
Max Revenue beat(2)-0.3%
Revenue beat(4)0
Avg Revenue beat(4)-0.53%
Min Revenue beat(4)-0.92%
Max Revenue beat(4)-0.3%
Revenue beat(8)2
Avg Revenue beat(8)-0.3%
Revenue beat(12)3
Avg Revenue beat(12)-0.32%
Revenue beat(16)7
Avg Revenue beat(16)-0.09%
PT rev (1m)1.21%
PT rev (3m)-0.77%
EPS NQ rev (1m)-0.61%
EPS NQ rev (3m)-0.97%
EPS NY rev (1m)2.1%
EPS NY rev (3m)1.91%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.97 | ||
| Fwd PE | 19.45 | ||
| P/S | 2.93 | ||
| P/FCF | 17.08 | ||
| P/OCF | 10.97 | ||
| P/B | 1.7 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 7.83 |
EPS(TTM)1.63
EY4.55%
EPS(NY)1.84
Fwd EY5.14%
FCF(TTM)2.1
FCFY5.85%
OCF(TTM)3.26
OCFY9.12%
SpS12.22
BVpS21.08
TBVpS19.39
PEG (NY)3.51
PEG (5Y)N/A
Graham Number27.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.38% | ||
| ROCE | 5.31% | ||
| ROIC | 4.2% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 5.94% | ||
| OM | 11.44% | ||
| PM (TTM) | N/A | ||
| GM | 24.02% | ||
| FCFM | 17.16% |
ROA(3y)4.06%
ROA(5y)-0.08%
ROE(3y)7.11%
ROE(5y)-0.12%
ROIC(3y)5.8%
ROIC(5y)N/A
ROICexc(3y)7.4%
ROICexc(5y)N/A
ROICexgc(3y)7.71%
ROICexgc(5y)N/A
ROCE(3y)7.34%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.97%
GM growth 5YN/A
F-Score6
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.71 | ||
| Cap/Depr | 47.06% | ||
| Cap/Sales | 9.56% | ||
| Interest Coverage | 10.22 | ||
| Cash Conversion | 84.14% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.03 | ||
| Quick Ratio | 2.24 | ||
| Altman-Z | 2.2 |
F-Score6
WACC10.14%
ROIC/WACC0.41
Cap/Depr(3y)117.56%
Cap/Depr(5y)97.05%
Cap/Sales(3y)23.8%
Cap/Sales(5y)22.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.32%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y6.26%
EPS Next 2Y8.64%
EPS Next 3Y14.28%
EPS Next 5Y20.17%
Revenue 1Y (TTM)0.25%
Revenue growth 3Y0.83%
Revenue growth 5Y3.03%
Sales Q2Q%-2.93%
Revenue Next Year0.19%
Revenue Next 2Y3.13%
Revenue Next 3Y5%
Revenue Next 5Y9.44%
EBIT growth 1Y-5.93%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year162.3%
EBIT Next 3Y46.73%
EBIT Next 5Y31.62%
FCF growth 1Y283.46%
FCF growth 3Y0.75%
FCF growth 5YN/A
OCF growth 1Y-6.11%
OCF growth 3Y-15.35%
OCF growth 5Y28.22%
GLOBALFOUNDRIES INC / GFS FAQ
What is the ChartMill fundamental rating of GLOBALFOUNDRIES INC (GFS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GFS.
What is the valuation status of GLOBALFOUNDRIES INC (GFS) stock?
ChartMill assigns a valuation rating of 5 / 10 to GLOBALFOUNDRIES INC (GFS). This can be considered as Fairly Valued.
What is the profitability of GFS stock?
GLOBALFOUNDRIES INC (GFS) has a profitability rating of 4 / 10.
What is the valuation of GLOBALFOUNDRIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GLOBALFOUNDRIES INC (GFS) is 21.97 and the Price/Book (PB) ratio is 1.7.
What is the earnings growth outlook for GLOBALFOUNDRIES INC?
The Earnings per Share (EPS) of GLOBALFOUNDRIES INC (GFS) is expected to grow by 6.26% in the next year.