Company Valuation: GLOBALFOUNDRIES Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,554 29,374 33,524 23,714 19,404 26,653 - -
Change - -14.99% 14.13% -29.26% -18.17% 37.35% - -
Enterprise Value (EV) 1 33,628 29,533 33,509 22,134 17,505 25,514 24,252 22,895
Change - -12.18% 13.46% -33.94% -20.91% 45.75% -4.95% -5.6%
P/E -130x 20.6x 33.1x -89.4x 22x 37.1x 22.3x 15.9x
PBR 4.33x 3x 3.01x 2.21x 1.64x 2.21x 2.05x 1.96x
PEG - -0x -1.1x 1x -0x -2.1x 0.3x 0.4x
Capitalization / Revenue 5.25x 3.62x 4.54x 3.51x 2.86x 3.65x 3.24x 2.85x
EV / Revenue 5.11x 3.64x 4.53x 3.28x 2.58x 3.49x 2.95x 2.45x
EV / EBITDA 18.2x 9.56x 12.1x 8.94x 7.43x 10.6x 8.45x 6.77x
EV / EBIT 200x 20.5x 24.5x 24.1x 16.4x 20.3x 14.5x 10.4x
EV / FCF 31.3x -67.9x 104x 20x 15.1x 40.2x 32.4x 18.3x
FCF Yield 3.19% -1.47% 0.96% 5% 6.61% 2.49% 3.09% 5.47%
Dividend per Share 2 - - - - - 0.2011 0.3696 0.4388
Rate of return - - - - - 0.41% 0.76% 0.9%
EPS 2 -0.5 2.62 1.83 -0.48 1.59 1.308 2.174 3.049
Distribution rate - - - - - 15.4% 17% 14.4%
Net sales 1 6,585 8,108 7,392 6,750 6,791 7,307 8,222 9,338
EBITDA 1 1,848 3,088 2,763 2,475 2,357 2,398 2,871 3,381
EBIT 1 168 1,443 1,369 920 1,066 1,256 1,676 2,201
Net income 1 -254 1,446 1,018 -262 888 722.2 1,168 1,553
Net Debt 1 -926 159 -15 -1,580 -1,899 -1,138 -2,400 -3,758
Reference price 2 64.97 53.89 60.60 42.91 34.92 48.57 48.57 48.57
Nbr of stocks (in thousands) 531,846 545,073 553,199 552,655 555,682 548,751 - -
Announcement Date 2/8/22 2/14/23 2/13/24 2/11/25 2/11/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.55x3.44x10.47x0.42% 26.24B
33.72x10.23x29.55x0.44% 353B
66.63x9.82x52.6x0.13% 74.34B
65.32x19.43x85.14x0.12% 50.45B
35.19x9.23x23.96x0.5% 45.71B
30.16x9.51x19.94x1.31% 36.22B
78.56x23.75x90.27x0.13% 31.1B
80.86x15.8x76.46x0.31% 21.06B
78.41x20.87x74.07x0.17% 19.47B
73.02x11.77x49.03x0.38% 18.28B
Average 57.84x 13.38x 51.15x 0.39% 67.57B
Weighted average by Cap. 45.60x 11.64x 40.67x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation GLOBALFOUNDRIES Inc.
-40%: Exceptional extension
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