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Last update at 2025-02-20T19:13:00Z
GlobalFoundries Inc. (GFS) Upgraded to Buy by Needham Amid AI-Driven Growth Outlook
Fri 14 Feb 25, 03:48 PMNeedham lifts GlobalFoundries to Buy on expected return to growth
Wed 12 Feb 25, 02:56 PMTesla, Instacart initiated: Wall Street's top analyst calls
Wed 12 Feb 25, 02:44 PMWhy Globalfoundries Inc. (GFS) Went Up On Tuesday?
Wed 12 Feb 25, 02:27 PMGlobalFoundries Full Year 2024 Earnings: EPS Misses Expectations
Wed 12 Feb 25, 10:48 AMTrending tickers: Intel, Alibaba, Super Micro, Lyft and Barratt Redrow
Wed 12 Feb 25, 10:46 AMGLOBALFOUNDRIES Inc (GFS) Q4 2024 Earnings Call Highlights: Navigating Challenges with ...
Wed 12 Feb 25, 07:07 AMQ4 2024 GlobalFoundries Inc Earnings Call
Wed 12 Feb 25, 05:30 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 1532.00M | -176.00000M | -1363.12700M | -1147.12500M | -2609.58000M |
Minority interest | 2.00M | 3.62M | 3.29M | 0.00000M | 72.44M |
Net income | 1448.00M | -254.00000M | -1350.86000M | -1371.18600M | -2701.60300M |
Selling general administrative | 451.00M | 545.03M | 287.64M | 358.94M | 325.27M |
Selling and marketing expenses | 45.00M | 49.97M | - | - | - |
Gross profit | 2239.00M | 1013.00M | -712.72000M | -532.24400M | -450.05100M |
Reconciled depreciation | 1623.00M | 1619.00M | 2522.51M | 2678.22M | 2947.92M |
Ebit | 1167.00M | -68.00000M | -1502.01000M | -1494.94900M | -1777.80000M |
Ebitda | 2906.00M | 1551.00M | 1020.50M | 1183.28M | 1170.12M |
Depreciation and amortization | 1739.00M | 1619.00M | 2522.51M | 2678.22M | 2947.92M |
Non operating income net other | - | - | - | - | - |
Operating income | 1167.00M | -68.00000M | -1502.01000M | -1494.94900M | -2523.29000M |
Other operating expenses | 6847.00M | 6645.00M | 6483.85M | 7373.63M | 8025.06M |
Interest expense | 60.00M | 108.00M | 132.66M | 202.78M | 137.51M |
Tax provision | 86.00M | 78.00M | -12.26700M | 224.06M | 16.45M |
Interest income | 51.00M | 5.70M | 3.10M | 11.38M | 10.28M |
Net interest income | -60.00000M | -108.00000M | -151.28900M | -218.79700M | -154.52100M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 86.00M | 78.00M | -12.26700M | 224.06M | 16.45M |
Total revenue | 8108.00M | 6585.00M | 4850.51M | 5812.79M | 6196.04M |
Total operating expenses | 978.00M | 1073.00M | 920.63M | 1028.60M | 1378.97M |
Cost of revenue | 5869.00M | 5572.00M | 5563.23M | 6345.03M | 6646.09M |
Total other income expense net | 365.00M | -108.00000M | 138.88M | 347.82M | -626.04100M |
Discontinued operations | - | - | - | - | -148.02000M |
Net income from continuing ops | 1446.00M | -254.00000M | -1350.86000M | -1371.18600M | -2626.02600M |
Net income applicable to common shares | 1448.00M | -250.31300M | -1347.57100M | -1371.18600M | -2701.60300M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 18044.00M | 17841.00M | 15028.00M | 12321.63M | 14497.51M |
Intangible assets | 373.00M | 345.00M | 358.73M | 529.92M | 629.30M |
Earning assets | - | - | - | - | - |
Other current assets | 52.00M | 1487.00M | 1230901.00M | 1.88M | 11.96M |
Total liab | 6893.00M | 7881.00M | 6995.00M | 5080.13M | 5478.38M |
Total stockholder equity | 11104.00M | 9913.00M | 8033.00M | 7176.37M | 9019.13M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 1029.00M | 2494.00M | 1752.95M | 1.32M | 5.28M |
Common stock | 24038.00M | 23842.00M | 23498.00M | 10.00M | 10.00M |
Capital stock | 11.00M | 23842.00M | 10.64M | 10.00M | 10.00M |
Retained earnings | -13001.00000M | -14021.00000M | -15469.00000M | -15218.50900M | -13870.93800M |
Other liab | - | 1964.00M | 1817.43M | 861.38M | 711.80M |
Good will | 18.00M | 18.00M | 18.02M | 18.02M | 5.48M |
Other assets | - | 668.00M | 607.97M | 511.33M | 651.81M |
Cash | 2387.00M | 2352.00M | 2939.00M | 908.08M | 997.32M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 3099.00M | 3359.00M | 3163.00M | 1896.07M | 2336.07M |
Current deferred revenue | 988.00M | 110.00M | 561.91M | 134.59M | 142.65M |
Net debt | -15.00000M | 159.00M | -926.00000M | 1894.39M | 2251.02M |
Short term debt | 571.00M | 223.00M | 297.00M | 513.08M | 817.83M |
Short long term debt | 571.00M | 223.00M | 297.00M | 381.81M | 686.91M |
Short long term debt total | 2372.00M | 2511.00M | 2013.00M | 2802.47M | 3248.34M |
Other stockholder equity | - | 23934.00M | 57.75M | 22388.20M | 22874.22M |
Property plant equipment | - | 10596.00M | 8712.98M | 8226.20M | 9611.27M |
Total current assets | 6327.00M | 5800.00M | 5291.00M | 2986.72M | 3514.15M |
Long term investments | 578.00M | 372.00M | 37.94M | 49.44M | 85.50M |
Net tangible assets | - | 9550.00M | 7598.78M | 6628.43M | 8384.35M |
Short term investments | 1033.00M | 622.00M | - | 50.53M | 6.80M |
Net receivables | 1420.00M | 1487.00M | 1231.00M | 1028.64M | 2065.38M |
Long term debt | 1801.00M | 2288.00M | 1716.00M | 1956.15M | 2042.25M |
Inventory | 1487.00M | 1339.00M | 1121.00M | 919.52M | 351.92M |
Accounts payable | 511.00M | 532.00M | 551.14M | 1247.09M | 1370.32M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 67.00M | 92.00M | -53.75200M | -3.31900M | 5.85M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 453.00M | 418.00M | 256.31M | 67.76M | 243.76M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 11717.00M | 12041.00M | 9737.00M | 9334.91M | 10983.36M |
Capital lease obligations | 382.00M | 345.00M | 425.52M | 464.51M | 519.17M |
Long term debt total | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -4058.00000M | -1450.00000M | -366.16500M | 4.02M | 66.28M |
Change to liabilities | 60.00M | 1828.95M | -154.51400M | -96.86800M | -237.65100M |
Total cashflows from investing activities | -4058.00000M | -1450.28600M | -366.16500M | 343.75M | -1167.17900M |
Net borrowings | 581.00M | -911.38700M | -1027.23900M | -945.64900M | 836.54M |
Total cash from financing activities | 842.00M | 650.00M | -732.74300M | -683.83200M | 1132.08M |
Change to operating activities | - | 1230.00M | 1230.00M | 1230.00M | 1230.00M |
Net income | 1446.00M | -254.00000M | -1350.86000M | -1371.18600M | -2774.04600M |
Change in cash | -587.00000M | 2031.00M | -89.23800M | 153.34M | 242.91M |
Begin period cash flow | 2939.00M | 908.00M | 997.32M | 843.98M | 601.07M |
End period cash flow | 2352.00M | 2939.00M | 908.08M | 997.32M | 843.98M |
Total cash from operating activities | 2624.00M | 2839.00M | 1005.90M | 496.82M | 279.31M |
Issuance of capital stock | 168.00M | 1444.50M | - | 0.00000M | - |
Depreciation | 1623.00M | 1619.00M | 2522.51M | 2678.22M | 2947.92M |
Other cashflows from investing activities | -44.00000M | -7.61500M | 2.29M | 27.76M | 9.87M |
Dividends paid | - | - | - | - | - |
Change to inventory | -261.00000M | -201.73200M | -559.87600M | -42.32500M | -28.52400M |
Change to account receivables | 35.00M | -387.44800M | 752.86M | -143.71000M | -187.95200M |
Sale purchase of stock | - | - | - | - | - |
Other cashflows from financing activities | 1064.00M | 117.00M | 3111.37M | 3122.01M | 3196.46M |
Change to netincome | -281.00000M | 240.69M | -228.43800M | -525.37400M | 481.90M |
Capital expenditures | 3059.00M | 1766.00M | 592.49M | 772.82M | 1328.64M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -175.00000M | 1230.00M | 59.39M | -284.84500M | -448.91600M |
Stock based compensation | 181.00M | 223.40M | 0.98M | -821.88200M | 5.53M |
Other non cash items | -533.00000M | -72.40200M | -188.38000M | 82.24M | 545.12M |
Free cash flow | -435.00000M | 1073.00M | 413.41M | -275.99900M | -1049.32700M |
Sector: Technology Industry: Semiconductors
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
GFS Globalfoundries Inc |
-1.01 2.21% | 44.78 | 31.46 | 28.49 | 3.70 | 2.46 | 3.56 | 9.92 |
NVDA NVIDIA Corporation |
0.28 0.20% | 139.51 | 62.11 | 36.76 | 36.43 | 51.65 | 36.19 | 61.96 |
AVGO Broadcom Inc |
-3.03 1.32% | 225.70 | 139.68 | 28.99 | 17.14 | 12.73 | 19.13 | 40.92 |
TSM Taiwan Semiconductor Manufacturing |
-1.15 0.57% | 199.80 | 19.45 | 15.92 | 0.24 | 4.85 | 0.22 | 0.30 |
AMD Advanced Micro Devices Inc |
-1.02 0.89% | 113.67 | 244.65 | 48.78 | 11.64 | 4.72 | 11.51 | 62.93 |
GLOBALFOUNDRIES Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units. The company was incorporated in 2008 and is headquartered in Malta, New York.
400 Stonebreak Road Extension, Malta, NY, United States, 12020
Name | Title | Year Born |
---|---|---|
Dr. Thomas H. Caulfield DES, Ph.D. | Pres, CEO & Director | 1959 |
Mr. David W. Reeder | CFO & Sr. VP of Fin. | 1975 |
Mr. Thomas Weber | Sr. VP of Global Operations Support and Supply Chain | 1969 |
Mr. Will Billings | Chief Accounting Officer | NA |
Mr. Gregg Bartlett | Chief Technology Officer | 1962 |
Mr. Sukhi Nagesh | VP of Investor Relations | NA |
Mr. Saam Azar J.D. | Sr. VP, Gen. Counsel & Sec. | 1976 |
Ms. Laurie Kelly | Chief Communications Officer | NA |
Ms. Pradheepa Raman | Chief People Officer | NA |
Mr. Kay Chai Ang | Chief Manufacturing Officer | 1959 |
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